Fastline Projects Private Limited

Provides building construction services and deals with land acquisition and development.

2009 | Kannur, Kerala (India) | Active
Last Updated: December 17, 2024

Fastline Projects Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 15 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.78 Cr
  • Revenue Growth -51.51%
  • Profit Growth 45.75%
  • Ebitda -109.31%
  • Net Worth 0.27%
  • Total Assets -2.93%

About Fastline Projects

Fastline Projects Private Limited (FPPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 August 2009 and has a history of 15 years and five months. Its registered office is in Kannur, Kerala, India.

The Corporate was formerly known as Fastline Builders And Developers Kerala Private Limited. The Company is engaged in the Real Estate And Construction Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹7.78 Cr.

Puthiyandi Akhil and Rikhina Akhil serve as directors at the Company.

Company Details

  • Location

    Kannur, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45200KL2009PTC024617

  • Company No.

    024617

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Aug 2009

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Real Estate and Construction

Who are the key members and board of directors at Fastline Projects?

Executive Team (1)

Name Designation Appointment Date Status
Puthiyandi Akhil Country flag representing In Managing Director 14-Aug-2009 Current

Board Members (1)

Name Designation Appointment Date Status
Rikhina Akhil Country flag representing In Director 08-Dec-2022 Current

Financial Performance of Fastline Projects.

Fastline Projects Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 51.51% decrease. The company also saw a substantial improvement in profitability, with a 45.75% increase in profit. The company's net worth moved up by a moderate rise of 0.27%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-51.51%
Revenue from Operations
-52.43%
Total Assets
-2.93%
Profit or Loss
45.75%
Net Worth
0.27%
EBITDA
-109.31%

What is the Ownership and Shareholding Structure of Fastline Projects?

In 2018, Fastline Projects had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹77.76 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 7.55 Cr
  • Srei Equipment Finance Private Limited : 0.16 Cr
  • Union Bank Of India : 0.07 Cr

Latest Charge Details

Date Lender Amount Status
17 Jan 2024 Others ₹1.50 Cr Open
30 Dec 2022 Others ₹4.00 M Open
22 Mar 2019 Others ₹1.60 Cr Open
22 Mar 2019 Others ₹3.00 M Open
22 Mar 2019 Others ₹4.00 M Open

How Many Employees Work at Fastline Projects?

Unlock and access historical data on people associated with Fastline Projects, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Fastline Projects, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Fastline Projects's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Fastline Projects

Recent activity within the organization

  • Annual General Meeting

    Fastline Projects Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Fastline Projects Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 15.00 M registered on 17 Jan 2024 with Charge ID 100860433 was modified on 03 Feb 2024.

    03 Feb 2024

  • Charges

    A charge with Others amounted to Rs. 15.00 M with Charge ID 100860433 was registered on 17 Jan 2024.

    17 Jan 2024

  • Charges

    A charge with Others amounted to Rs. 4.00 M with Charge ID 100694930 was registered on 30 Dec 2022.

    30 Dec 2022

  • Director Appointment

    Rikhina Akhil was appointed as a Director was appointed as a Director on 08 Dec 2022 & has been associated with this company since 2 years 1 month .

    08 Dec 2022

Frequently asked questions

  • Fastline Projects Private Limited was incorporated on 14 Aug 2009.

  • The authorized share capital of Fastline Projects Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Fastline Projects Private Limited.

    • Puthiyandi Valiyandi Akhil
    • Rikhina Akhil
  • As per Ministry of Corporate Affairs (Mca), the registered address of Fastline Projects Private Limited is 17/1609 Fastline Project Chelora Mathukoth, India, Varam P O, Kerala, 670594.

  • The corporate identification number (CIN) of Fastline Projects Private Limited is U45200KL2009PTC024617 and the company number is 024617 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2019, the revenue trend for Fastline Projects Private Limited has fallen by -51.51%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Fastline Projects Private Limited has experienced an upsurge of 0.27%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Fastline Projects Private Limited amount to ₹ 7.78 Cr.

  • The most recent Balance Sheet for Fastline Projects Private Limited was filed with the ROC on 31 Mar 2024.

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