Fastrack World Wide Private Limited

Provides postal courier services since 2016, based in Thane, Maharashtra.

2016 | Thane, Maharashtra (India) | Active
Last Updated: July 29, 2024

Fastrack World Wide Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 8 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.00 M
  • Revenue Growth 56.02%
  • Profit Growth 11.21%
  • Ebitda 21.53%
  • Net Worth -131.43%
  • Total Assets 42.72%

About Fastrack World Wide

Fastrack World Wide Private Limited (FWWPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 June 2016 (Eight years and seven months 16 days old ). Its registered office is in Thane, Maharashtra, India.

The Company is engaged in the Transport And Logistics 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 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹7.00 M.

Sujatha Shetty, Manjunath Shetty, Suchitra Shetty, and Two other members serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999MH2016PTC282714

  • Company No.

    282714

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Jun 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

What products or services does Fastrack World Wide Private Limited offer?

Fastrack World Wide Private Limited offers a wide range of products and services, including Forwarding & Custom Clearing, Cargo Transportation Services, Transport Agents & Bulk Carriers, Courier Service, Marketing Services & Consultants, Marketing Services.

Who are the key members and board of directors at Fastrack World Wide?

Board Members (5)

Name Designation Appointment Date Status
Sujatha Shetty Country flag representing In Additional Director 01-Mar-2022 Current
Manjunath Shetty Country flag representing In Director 22-Jun-2016 Current
Suchitra Shetty Country flag representing In Additional Director 01-Mar-2022 Current
Sangeetha Shetty Country flag representing In Additional Director 01-Mar-2022 Current
Jayanthi Shedthi Country flag representing In Director 22-Jun-2016 Current

Financial Performance of Fastrack World Wide.

Fastrack World Wide Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 56.02% increase. The company also saw a substantial improvement in profitability, with a 11.21% increase in profit. The company's net worth observed a substantial decline by a decrease of 131.43%.

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
56.02%
Revenue from Operations
55.97%
Total Assets
42.72%
Profit or Loss
11.21%
Net Worth
-131.43%
EBITDA
21.53%

What is the Ownership and Shareholding Structure of Fastrack World Wide?

In 2023, Fastrack World Wide 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

₹7.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Karnataka Bank Ltd. : 0.70 Cr

Latest Charge Details

Date Lender Amount Status
23 Jun 2020 Karnataka Bank Ltd. ₹1.00 M Open
18 Jun 2019 Karnataka Bank Ltd. ₹1.00 M Open
16 Jul 2018 Karnataka Bank Ltd. ₹5.00 M Open

How Many Employees Work at Fastrack World Wide?

Unlock and access historical data on people associated with Fastrack World Wide, 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 Fastrack World Wide, 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 Fastrack World Wide'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 Fastrack World Wide

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Fastrack World Wide Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Sujatha Ashok Shetty was appointed as a Additional Director was appointed as a Additional Director on 01 Mar 2022 & has been associated with this company since 2 years 11 months .

    01 Mar 2022

  • Director Appointment

    Suchitra Ganesh Shetty was appointed as a Additional Director was appointed as a Additional Director on 01 Mar 2022 & has been associated with this company since 2 years 11 months .

    01 Mar 2022

  • Director Appointment

    Sangeetha Rajeev Shetty was appointed as a Additional Director was appointed as a Additional Director on 01 Mar 2022 & has been associated with this company since 2 years 11 months .

    01 Mar 2022

  • Charges

    A charge with Karnataka Bank Ltd. amounted to Rs. 1.00 M with Charge ID 100351896 was registered on 23 Jun 2020.

    23 Jun 2020

Frequently asked questions

  • Fastrack World Wide Private Limited was incorporated on 22 Jun 2016.

  • The authorized share capital of Fastrack World Wide Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.50 M.

  • Currently 5 directors are associated with Fastrack World Wide Private Limited.

    • Sujatha Ashok Shetty
    • Manjunath Narayan Shetty
    • Suchitra Ganesh Shetty
    • Sangeetha Rajeev Shetty
    • Jayanthi Shedthi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Fastrack World Wide Private Limited is Shop No 5 Ground Floor Madhuvan Heights Chs Madhuban Township Gokhivare Vasai India, Thane, Maharashtra, 401208.

  • The corporate identification number (CIN) of Fastrack World Wide Private Limited is U74999MH2016PTC282714 and the company number is 282714 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Fastrack World Wide Private Limited has risen by 56.02%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Fastrack World Wide Private Limited has experienced an downturn of -131.43%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Fastrack World Wide Private Limited amount to ₹ 7.00 M.

  • The most recent Balance Sheet for Fastrack World Wide Private Limited was filed with the ROC on 31 Mar 2023.