Fastworld Payments Private Limited

Founded in 2019 and headquartered in Bihar, India.

2019 | Kishanganj, Bihar (India) | Active
Last Updated: December 07, 2024

Fastworld Payments Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 5 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 59.01%
  • Profit Growth 967.50%
  • Ebitda -94.11%
  • Net Worth 83.23%
  • Total Assets -36.77%

About Fastworld Payments

Fastworld Payments Private Limited (FPPL) is a Private Limited Indian Non-Government Company incorporated in India on 19 December 2019 (Five years and one month 20 days old ). Its registered office is in Kishanganj, Bihar, India.

The Corporate was formerly known as Fastworldfw Business Solutions Private Limited. The Company is engaged in the Home Appliances 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 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Afzal Ahmad and Shamim Ahmad serve as directors at the Company.

Company Details

  • Location

    Kishanganj, Bihar, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U52190BR2019PTC044613

  • Company No.

    044613

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Dec 2019

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Patna

Industry

Home Appliances
Business Services

What products or services does Fastworld Payments Private Limited offer?

Fastworld Payments Private Limited offers a wide range of products and services, including Biometrics & Access Control Devices, POS Machine.

Who are the key members and board of directors at Fastworld Payments?

Board Members (2)

Name Designation Appointment Date Status
Afzal Ahmad Country flag representing In Director 19-Dec-2019 Current
Shamim Ahmad Country flag representing In Director 19-Dec-2019 Current

Financial Performance of Fastworld Payments.

Fastworld Payments Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 59.01% increase. The company also saw a substantial improvement in profitability, with a 967.5% increase in profit. The company's net worth Soared by an impressive increase of 83.23%.

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
59.01%
Revenue from Operations
-15.45%
Total Assets
-36.77%
Profit or Loss
967.50%
Net Worth
83.23%
EBITDA
-94.11%

What is the Ownership and Shareholding Structure of Fastworld Payments?

Unlock access to Fastworld Payments's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Fastworld Payments?

Unlock and access historical data on people associated with Fastworld Payments, 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 Fastworld Payments, 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 Fastworld Payments'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 Fastworld Payments

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Fastworld Payments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Patna.

    31 Mar 2023

  • Director Appointment

    Afzal Ahmad was appointed as a Director was appointed as a Director on 19 Dec 2019 & has been associated with this company since 5 years 1 month .

    19 Dec 2019

  • Director Appointment

    Shamim Ahmad was appointed as a Director was appointed as a Director on 19 Dec 2019 & has been associated with this company since 5 years 1 month .

    19 Dec 2019

  • Company Incorporation

    Fastworld Payments Private Limited was registered on 19 Dec 2019 with Roc Patna & aged 5 years 1 month as per MCA records.

    19 Dec 2019

Frequently asked questions

  • Fastworld Payments Private Limited was incorporated on 19 Dec 2019.

  • The authorized share capital of Fastworld Payments Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Fastworld Payments Private Limited.

    • Afzal Ahmad
    • Shamim Ahmad
  • As per Ministry of Corporate Affairs (Mca), the registered address of Fastworld Payments Private Limited is Main Road Bahadurganj P.O P.S. India, Kishanganj, Bihar, 855101.

  • The corporate identification number (CIN) of Fastworld Payments Private Limited is U52190BR2019PTC044613 and the company number is 044613 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Fastworld Payments Private Limited has risen by 59.01%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Fastworld Payments Private Limited has experienced an upsurge of 83.23%.

  • The most recent Balance Sheet for Fastworld Payments Private Limited was filed with the ROC on 31 Mar 2023.