Fasto Engineering Private Limited

Manufacturer of precision engineering equipment, including pressure machine parts, valves, and hydraulic cylinders.

1986 | Thane, Maharashtra (India) | Converted to LLP
Last Updated: October 04, 2024

Fasto Engineering Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 38 Year, 11 Months
  • Last Filing with ROC 31 Mar 2019
  • Satisfied Charges ₹ 13.47 Cr
  • Revenue Growth -1.00%
  • Profit Growth 5.15%
  • Ebitda 6.62%
  • Net Worth -15.50%
  • Total Assets -14.81%

About Fasto Engineering

Fasto Engineering Private Limited (FEPL) is Converted To Llp company established on 04 Feb 1986 with its office registered at Thane, Maharashtra, India and has been running since 38 Year, 11 Months with a paid up capital of 2.50 M. According to MCA records, 0 Directors are linked to this company as of 04 Oct 2024.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U99999MH1986PTC038846

  • Company No.

    038846

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Feb 1986

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Fasto Engineering Private Limited offer?

Fasto Engineering Private Limited offers a wide range of products and services, including Transformers & Transformer Parts, Transformers, Construction Equipment, Hydraulic Cylinders, Industrial Hydraulic Cylinders, Scaffolding Accessories, Tie Rod.

Who are the key members and board of directors at Fasto Engineering?

Board Members

People

No Directors or KMP associated with company. Upon reviewing the records, we can confirm that there are no Directors or Key Management Personnel (KMP) associated with this company at present.

Financial Performance of Fasto Engineering.

Fasto Engineering Private Limited, for the financial year ended 2019, experienced Minor drop in revenue, with a 1% decrease. The company also saw a slight improvement in profitability, with a 5.15% increase in profit. The company's net worth observed a substantial decline by a decrease of 15.5%.

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
-1.00%
Revenue from Operations
Total Assets
-14.81%
Profit or Loss
5.15%
Net Worth
-15.50%
EBITDA
6.62%

What is the Ownership and Shareholding Structure of Fasto Engineering?

In 2019, Fasto Engineering had a promoter holding of 28.81% and a public holding of 71.19%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹134.68 M

Charges Breakdown by Lending Institutions

  • Tjsb Sahakari Bank Limited : 5.93 Cr
  • The Thane Janata Sahakari Bank Limited : 5.79 Cr
  • The Thane Janata Sahakari Bank Ltd : 1.24 Cr
  • The Thane Janta Sahakari Bank Limited : 0.20 Cr
  • Sidbi : 0.17 Cr
  • Others : 0.14 Cr

Latest Charge Details

Date Lender Amount Status
25 Feb 2014 The Thane Janata Sahakari Bank Limited ₹2.50 Cr Satisfied
24 Dec 2012 The Thane Janata Sahakari Bank Limited ₹0.90 M Satisfied
31 Jan 2011 The Thane Janata Sahakari Bank Limited ₹2.00 M Satisfied
08 Dec 2010 The Thane Janta Sahakari Bank Limited ₹2.00 M Satisfied
05 Aug 2010 Small Industries Development Bank Of India ₹1.40 M Satisfied

How Many Employees Work at Fasto Engineering?

Fasto Engineering has a workforce of 0 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 Fasto Engineering, 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 Fasto Engineering'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 Fasto Engineering

Recent activity within the organization

  • Annual General Meeting

    Fasto Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    Fasto Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai.

    31 Mar 2019

  • Charges

    A charge registered on 25 Feb 2014 via Charge ID 10484266 with The Thane Janata Sahakari Bank Limited was fully satisfied on 17 Dec 2018.

    17 Dec 2018

  • Charges

    A charge registered on 31 Jan 2011 via Charge ID 10274266 with The Thane Janata Sahakari Bank Limited was fully satisfied on 17 Dec 2018.

    17 Dec 2018

  • Charges

    A charge registered on 08 Dec 2010 via Charge ID 10261235 with The Thane Janta Sahakari Bank Limited was fully satisfied on 17 Dec 2018.

    17 Dec 2018

  • Charges

    A charge registered on 03 Jun 2004 via Charge ID 90158404 with The Thane Janata Sahakari Bank Ltd was fully satisfied on 17 Dec 2018.

    17 Dec 2018

Frequently asked questions

  • Fasto Engineering Private Limited was incorporated on 04 Feb 1986.

  • The authorized share capital of Fasto Engineering Private Limited is ₹ 5.00 M and paid-up capital is ₹ 2.50 M.

  • As per Ministry of Corporate Affairs (Mca), the registered address of Fasto Engineering Private Limited is Plot No A-322Road No 21, Wagle Industrial Estate, Thane W, Maharashtra, India, 400604.

  • The corporate identification number (CIN) of Fasto Engineering Private Limited is U99999MH1986PTC038846 and the company number is 038846 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Fasto Engineering Private Limited is https://www.fastoengineer.com

  • According to the financial reports for the fiscal year 2019, the revenue trend for Fasto Engineering Private Limited has fallen by -1.00%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Fasto Engineering Private Limited has experienced an downturn of -15.50%.

  • The most recent Balance Sheet for Fasto Engineering Private Limited was filed with the ROC on 31 Mar 2019.

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