Fasttrack Wheels Private Limited

Sells used and new cars from various brands, established in 2011, based in Madhya Pradesh.

2011 | Chhindwara, Madhya Pradesh (India) | Active
Last Updated:

Fasttrack Wheels Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 13 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.50 M
  • Revenue Growth 64.86%
  • Profit Growth 361.05%
  • Ebitda -1535.22%
  • Net Worth 10.91%
  • Total Assets 17.46%

About Fasttrack Wheels

Fasttrack Wheels Private Limited (FWPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 March 2011 and has a history of 13 years and 11 months. Its registered office is in Chhindwara, Madhya Pradesh, India.

The Company is engaged in the Automotive 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 2.50 M and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹7.50 M.

Nikhil Dodani and Shashwat Dodani serve as directors at the Company.

Company Details

  • Location

    Chhindwara, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    fasttrackwheels.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50401MP2011PTC025539

  • Company No.

    025539

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Mar 2011

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Automotive

Who are the key members and board of directors at Fasttrack Wheels?

Board Members (2)

NameDesignationAppointment DateStatus
Nikhil Dodani Country flag representing In Director 09-Nov-2020Current
Shashwat Dodani Country flag representing In Director 02-Jan-2020Current

Financial Performance of Fasttrack Wheels.

Fasttrack Wheels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 64.86% increase. The company also saw a substantial improvement in profitability, with a 361.05% increase in profit. The company's net worth Soared by an impressive increase of 10.91%.

Fasttrack Wheels revenue growth over time
Fasttrack Wheels 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
64.86%
Revenue from Operations
64.18%
Total Assets
17.46%
Profit or Loss
361.05%
Net Worth
10.91%
EBITDA
-1535.22%

What is the Ownership and Shareholding Structure of Fasttrack Wheels?

In 2023, Fasttrack Wheels 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

₹7.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 0.75 Cr

Latest Charge Details

DateLenderAmountStatus
16 Jul 2012State Bank Of India₹7.50 MOpen

How Many Employees Work at Fasttrack Wheels?

Fasttrack Wheels has a workforce of 0 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.

Employee growth trends for Fasttrack Wheels Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Fasttrack Wheels, 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 Wheels'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 Fasttrack Wheels

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Fasttrack Wheels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Gwalior.

  • Director Appointment

    Nikhil Dodani was appointed as a Director was appointed as a Director on 09 Nov 2020 & has been associated with this company since 4 years 3 months .

  • Director Appointment

    Shashwat Dodani was appointed as a Director was appointed as a Director on 02 Jan 2020 & has been associated with this company since 5 years 2 months .

  • Charges

    A charge with State Bank Of India of Rs. 7.50 M registered on 16 Jul 2012 with Charge ID 10369953 was modified on 13 Mar 2015.

  • Charges

    A charge with State Bank Of India amounted to Rs. 7.50 M with Charge ID 10369953 was registered on 16 Jul 2012.

Frequently asked questions

  • What is the Incorporation or founding date of Fasttrack Wheels Private Limited?

    Fasttrack Wheels Private Limited was incorporated on 09 Mar 2011.

  • What is authorized share capital and paid-up capital of Fasttrack Wheels Private Limited?

    The authorized share capital of Fasttrack Wheels Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Who are the current board members & directors of Fasttrack Wheels Private Limited?

    Currently 2 directors are associated with Fasttrack Wheels Private Limited.

    • Nikhil Dodani
    • Shashwat Dodani

  • What is the registered address of Fasttrack Wheels Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Fasttrack Wheels Private Limited is Near Makka Masjid Suzuki Sukludhana Seoni Road, Chhindwara, Madhya Pradesh, India, 480001.

  • What is the corporate identification number (CIN) and company number of Fasttrack Wheels Private Limited?

    The corporate identification number (CIN) of Fasttrack Wheels Private Limited is U50401MP2011PTC025539 and the company number is 025539 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Fasttrack Wheels Private Limited?

    The Official website of Fasttrack Wheels Private Limited is https://www.fasttrackwheels.com

  • What has been the recent revenue trend for Fasttrack Wheels Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Fasttrack Wheels Private Limited has risen by 64.86%.

  • What change has been observed in the net worth of Fasttrack Wheels Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Fasttrack Wheels Private Limited has experienced an upsurge of 10.91%.

  • What are the total open charges for Fasttrack Wheels Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Fasttrack Wheels Private Limited amount to ₹ 7.50 M.

  • When was the last Balance Sheet of Fasttrack Wheels Private Limited filed with the ROC?

    The most recent Balance Sheet for Fasttrack Wheels Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Auto Dealership & Trading