Fastwell Engineering Private Limited

Manufacturer and supplier of ferrous and non-ferrous metals for various industries, ISO certified.

2016 | Thane, Maharashtra (India) | Active
Last Updated: November 15, 2024

Fastwell Engineering Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 8 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.52 Cr
  • Revenue Growth 138.03%
  • Profit Growth 87.81%
  • Ebitda 49.60%
  • Net Worth 57.82%
  • Total Assets 24.48%

About Fastwell Engineering

Fastwell Engineering Private Limited (FEPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 25 July 2016 (Eight years and six months 22 days old ). Its registered office is in Thane, Maharashtra, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. 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 ₹4.52 Cr.

Suwa Modi and Shravan Modi serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    fastwell.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999MH2016PTC284097

  • Company No.

    284097

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Jul 2016

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing
Metals and Minerals

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

Board Members (2)

Name Designation Appointment Date Status
Suwa Modi Country flag representing In Director 05-May-2022 Current
Shravan Modi Country flag representing In Director 25-Jul-2016 Current

Financial Performance of Fastwell Engineering.

Fastwell Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 138.03% increase. The company also saw a substantial improvement in profitability, with a 87.81% increase in profit. The company's net worth Soared by an impressive increase of 57.82%.

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
138.03%
Revenue from Operations
137.61%
Total Assets
24.48%
Profit or Loss
87.81%
Net Worth
57.82%
EBITDA
49.60%

What is the Ownership and Shareholding Structure of Fastwell Engineering?

In 2023, Fastwell Engineering 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

₹45.21 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 4.00 Cr
  • Others : 0.52 Cr

Latest Charge Details

Date Lender Amount Status
09 Nov 2022 Canara Bank ₹4.00 Cr Open
27 May 2022 Others ₹5.21 M Open

How Many Employees Work at Fastwell Engineering?

Unlock and access historical data on people associated with Fastwell Engineering, 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 Fastwell 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 Fastwell 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 Fastwell Engineering

Recent activity within the organization

  • Annual General Meeting

    Fastwell Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Fastwell Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Canara Bank of Rs. 40.00 M registered on 09 Nov 2022 with Charge ID 100647122 was modified on 03 Nov 2023.

    03 Nov 2023

  • Charges

    A charge with Canara Bank amounted to Rs. 40.00 M with Charge ID 100647122 was registered on 09 Nov 2022.

    09 Nov 2022

  • Charges

    A charge with Others amounted to Rs. 5.21 M with Charge ID 100575965 was registered on 27 May 2022.

    27 May 2022

  • Director Appointment

    Suwa Shravan Modi was appointed as a Director was appointed as a Director on 05 May 2022 & has been associated with this company since 2 years 9 months .

    05 May 2022

Frequently asked questions

  • Fastwell Engineering Private Limited was incorporated on 25 Jul 2016.

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

  • Currently 2 directors are associated with Fastwell Engineering Private Limited.

    • Suwa Shravan Modi
    • Shravan Kumar Modi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Fastwell Engineering Private Limited is F-14 First Floor Salasar Commercial Center Fatak Road Golden Nest (E), Sector 3 India, Bhayander, Maharashtra, 401105.

  • The corporate identification number (CIN) of Fastwell Engineering Private Limited is U74999MH2016PTC284097 and the company number is 284097 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Fastwell Engineering Private Limited is https://www.fastwell.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Fastwell Engineering Private Limited has risen by 138.03%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Fastwell Engineering Private Limited has experienced an upsurge of 57.82%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Fastwell Engineering Private Limited amount to ₹ 4.52 Cr.

  • The most recent Balance Sheet for Fastwell Engineering Private Limited was filed with the ROC on 31 Mar 2024.

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