Fasttrack Housing Finance Profile
Key Indicators
- Authorised Capital ₹ 7.50 M
- Paid Up Capital ₹ 6.26 M
- Company Age 19 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 48.00 Cr
- Revenue Growth 15.12%
- Profit Growth 1552.67%
- Ebitda -4.72%
- Net Worth 4.03%
- Total Assets 62.31%
About Fasttrack Housing Finance
Fasttrack Housing Finance Limited (FHFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 December 2005 and has a history of 19 years and one month. Its registered office is in Parel, Maharashtra, India.
The Corporate was formerly known as Fasttrack Housing Finance Private Limited. The Company is engaged in the Financial Services 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 7.50 M and a paid-up capital of Rs 6.26 M.
The company currently has active open charges totaling ₹48.00 Cr.
Sudhir Valia, Paras Mehta, Mukesh Unadkat, and Two other members serve as directors at the Company.
Company Details
- Location
Parel, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65993MH2005PLC158168
- Company No.
158168
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
20 Dec 2005
- Date of AGM
14 Jul 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Fasttrack Housing Finance?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sudhir Valia  | Director | 10-Jun-2014 | Current |
| Paras Mehta | Director | 27-Aug-2021 | Current |
| Mukesh Unadkat | Director | 22-Dec-2021 | Current |
| Ramesh Jain | Additional Director | 28-Aug-2023 | Current |
| Shradha Panchamia | Director | 14-Apr-2016 | Current |
Financial Performance of Fasttrack Housing Finance.
Fasttrack Housing Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.12% increase. The company also saw a substantial improvement in profitability, with a 1552.67% increase in profit. The company's net worth moved up by a moderate rise of 4.03%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Fasttrack Housing Finance?
In 2023, Fasttrack Housing Finance had a promoter holding of 0.21% and a public holding of 99.79%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Suraksha Realty LimitedRamesh Jain is a mutual person
Sun Pharma Laboratories LimitedSudhir Valia is a mutual person
Sun Pharmaceutical Industries LimitedSudhir Valia is a mutual person
Shantilal Shanghvi FoundationSudhir Valia is a mutual person
Antique Stock Broking LimitedMukesh Unadkat is a mutual person
Suraksha Asset Reconstruction LimitedSudhir Valia is a mutual person
Charges (Loans)
₹480.00 M
₹0
Charges Breakdown by Lending Institutions
- Sbicap Trustee Company Limited : 48.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jun 2022 | Sbicap Trustee Company Limited | ₹48.00 Cr | Open |
How Many Employees Work at Fasttrack Housing Finance?
Fasttrack Housing Finance has a workforce of 241 employees as of Apr 08, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Fasttrack Housing Finance, 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 Fasttrack Housing Finance's trajectory.
Rating
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
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.
