Multi Fastners Private Limited

Manufacturer of studs, bolts, nuts, and high tensile fasteners for various industries.

1990 | Vadodara, Gujarat (India) | Active
Last Updated: December 25, 2024

Multi Fastners Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 1.96 M
  • Company Age 34 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.02 M
  • Satisfied Charges ₹ 4.00 Cr
  • Revenue Growth 22.95%
  • Profit Growth 45.19%
  • Ebitda 52.71%
  • Net Worth 11.51%
  • Total Assets 14.21%

About Multi Fastners

Multi Fastners Private Limited (MFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 March 1990 and has a history of 34 years and 11 months. Its registered office is in Vadodara, Gujarat, India.

The Company is engaged in the Machinery And Equipment 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 3.00 M and a paid-up capital of Rs 1.96 M.

The company currently has active open charges totaling ₹6.02 M. The company has closed loans amounting to ₹4.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rakesh Shah, Girdharbhai Patel, Shrujal Dave, and Three other members serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    multifastners.net

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24222GJ1990PTC013501

  • Company No.

    013501

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Mar 1990

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

Who are the key members and board of directors at Multi Fastners?

Board Members (6)

Name Designation Appointment Date Status
Rakesh Shah Country flag representing In Director 15-Mar-1990 Current
Girdharbhai Patel Country flag representing In Whole-Time Director 15-Mar-1990 Current
Shrujal Dave Country flag representing In Director 24-Apr-2015 Current
Mayank Dave Country flag representing In Whole-Time Director 15-Mar-1990 Current
Kirit Patel Country flag representing In Director 15-Mar-1990 Current
Shaileshkumar Shah Country flag representing In Director 15-Mar-1990 Current

Financial Performance of Multi Fastners.

Multi Fastners Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 22.95% increase. The company also saw a substantial improvement in profitability, with a 45.19% increase in profit. The company's net worth Soared by an impressive increase of 11.51%.

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
22.95%
Revenue from Operations
22.99%
Total Assets
14.21%
Profit or Loss
45.19%
Net Worth
11.51%
EBITDA
52.71%

What is the Ownership and Shareholding Structure of Multi Fastners?

In 2019, Multi Fastners 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

₹6.02 M

Satisfied Charges

₹40.00 M

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 0.42 Cr
  • Gujrat State Financial Corporation : 0.15 Cr
  • Antonta Co.Op. Bank Ltd : 0.03 Cr

Latest Charge Details

Date Lender Amount Status
14 Oct 2003 Bank Of Baroda ₹0.30 M Open
29 Jul 2000 Antonta Co.Op. Bank Ltd ₹0.30 M Open
10 Sep 1997 Gujrat State Financial Corporation ₹1.50 M Open
02 Aug 1996 Bank Of Baroda ₹1.70 M Open
08 Jul 1991 Bank Of Baroda ₹2.22 M Open

How Many Employees Work at Multi Fastners?

Multi Fastners has a workforce of 38 employees as of Apr 07, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Multi Fastners, 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 Multi Fastners'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 Multi Fastners

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Multi Fastners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge registered on 27 Jun 2017 via Charge ID 100159570 with Hdfc Bank Limited was fully satisfied on 05 Sep 2018.

    05 Sep 2018

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 40.00 M with Charge ID 100159570 was registered on 27 Jun 2017.

    27 Jun 2017

  • Director Appointment

    Shrujal Mayank Dave was appointed as a Director was appointed as a Director on 24 Apr 2015 & has been associated with this company since 9 years 9 months .

    24 Apr 2015

  • Charges

    A charge with Bank Of Baroda amounted to Rs. 0.30 M with Charge ID 90099719 was registered on 14 Oct 2003.

    14 Oct 2003

Frequently asked questions

  • Multi Fastners Private Limited was incorporated on 15 Mar 1990.

  • The authorized share capital of Multi Fastners Private Limited is ₹ 3.00 M and paid-up capital is ₹ 1.96 M.

  • Currently 6 directors are associated with Multi Fastners Private Limited.

    • Rakesh Hasmukhlal Shah
    • Girdharbhai Ramjibhai Patel
    • Shrujal Mayank Dave
    • Mayank Ishwarlal Dave
    • Kirit Dalsukhbhai Patel
    • Shaileshkumar Rasiklal Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Multi Fastners Private Limited is 986/11 Gidc Estate Makarpura, India, Vadodara, Gujarat, 390010.

  • The corporate identification number (CIN) of Multi Fastners Private Limited is U24222GJ1990PTC013501 and the company number is 013501 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Multi Fastners Private Limited is https://www.multifastners.net

  • According to the financial reports for the fiscal year 2022, the revenue trend for Multi Fastners Private Limited has risen by 22.95%.

  • As Per 2022 financial reports, 38 employees are currently employed by Multi Fastners Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Multi Fastners Private Limited has experienced an upsurge of 11.51%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Multi Fastners Private Limited amount to ₹ 6.02 M.

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