Fastlink Connections Private Limited

Distributes Samsung mobile phones and related products in Southern Mumbai.

2011 | Mumbai, Maharashtra (India) | Active
Last Updated: December 24, 2024

Fastlink Connections Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 13 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 40.84 Cr
  • Revenue Growth 42.15%
  • Profit Growth 33.33%
  • Ebitda -47.47%
  • Net Worth 11.70%
  • Total Assets 31.30%

About Fastlink Connections

Fastlink Connections Private Limited (FCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 March 2011 and has a history of 13 years and ten months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Consumer Electronics & Durables Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹40.84 Cr.

Ashok Nagpal, Rajesh Mohan, and Kanchan Nagpal serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U93090MH2011PTC214929

  • Company No.

    214929

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Mar 2011

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Fastlink Connections?

Board Members (3)

Name Designation Appointment Date Status
Rajesh Mohan Country flag representing In Director 17-Mar-2011 Current
Ashok Nagpal Country flag representing In Director 17-Mar-2011 Current
Kanchan Nagpal Country flag representing In Director 17-Mar-2011 Current

Financial Performance of Fastlink Connections.

Fastlink Connections Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 42.15% increase. The company also saw a substantial improvement in profitability, with a 33.33% increase in profit. The company's net worth Soared by an impressive increase of 11.7%.

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
42.15%
Revenue from Operations
41.17%
Total Assets
31.30%
Profit or Loss
33.33%
Net Worth
11.70%
EBITDA
-47.47%

What is the Ownership and Shareholding Structure of Fastlink Connections?

In 2023, Fastlink Connections 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

₹40.84 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 33.84 Cr
  • Oriental Bank Of Commerce : 7.00 Cr

Latest Charge Details

Date Lender Amount Status
02 Dec 2021 Axis Bank Limited ₹1.84 Cr Open
10 Sep 2020 Axis Bank Limited ₹32.00 Cr Open
18 Jul 2011 Oriental Bank Of Commerce ₹7.00 Cr Open

How Many Employees Work at Fastlink Connections?

Fastlink Connections has a workforce of 23 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Fastlink Connections, 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 Fastlink Connections'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 Fastlink Connections

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 32.00 Cr registered on 10 Sep 2020 with Charge ID 100399059 was modified on 29 Nov 2023.

    29 Nov 2023

  • Annual General Meeting

    Fastlink Connections Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Fastlink Connections Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.84 Cr with Charge ID 100535591 was registered on 02 Dec 2021.

    02 Dec 2021

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 32.00 Cr with Charge ID 100399059 was registered on 10 Sep 2020.

    10 Sep 2020

  • Charges

    A charge with Oriental Bank Of Commerce of Rs. 7.00 Cr registered on 18 Jul 2011 with Charge ID 10297269 was modified on 19 Jan 2016.

    19 Jan 2016

Frequently asked questions

  • Fastlink Connections Private Limited was incorporated on 17 Mar 2011.

  • The authorized share capital of Fastlink Connections Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 3 directors are associated with Fastlink Connections Private Limited.

    • Ashok Mohandas Nagpal
    • Rajesh Nagpal Mohan
    • Kanchan Ashok Nagpal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Fastlink Connections Private Limited is Gala No. 13G Thacker Industrial Estate N.M.Joshi Marg, Lower Parel India, Mumbai, Maharashtra, 400011.

  • The corporate identification number (CIN) of Fastlink Connections Private Limited is U93090MH2011PTC214929 and the company number is 214929 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Fastlink Connections Private Limited has risen by 42.15%.

  • As Per 2023 financial reports, 23 employees are currently employed by Fastlink Connections Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Fastlink Connections Private Limited has experienced an upsurge of 11.70%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Fastlink Connections Private Limited amount to ₹ 40.84 Cr.

  • The most recent Balance Sheet for Fastlink Connections Private Limited was filed with the ROC on 31 Mar 2023.