Utech Fasten Private Limited

This company manufactures and exports pneumatic tools, industrial staplers, and fasteners for various industries.

2005 | Vadodara, Gujarat (India) | Active
Last Updated: July 04, 2024

Utech Fasten Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 20 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 14.26 Cr
  • Satisfied Charges ₹ 15.08 Cr
  • Revenue Growth 23.83%
  • Profit Growth 41.95%
  • Ebitda 50.36%
  • Net Worth 18.56%
  • Total Assets 11.73%

About Utech Fasten

Utech Fasten Private Limited (UFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 January 2005 and has a history of 20 years and one month. 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 2023. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 2.00 Cr.

The company currently has active open charges totaling ₹14.26 Cr. The company has closed loans amounting to ₹15.08 Cr, as per Ministry of Corporate Affairs (MCA) records.

Harsh Vyas, Dhaval Shah, Yogesh Nathile, and One other member serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    utechfasten.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U36990GJ2005PTC045329

  • Company No.

    045329

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Jan 2005

  • Date of AGM

    15 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Utech Fasten Private Limited offer?

Utech Fasten Private Limited offers a wide range of products and services, including PU Foam, Coir & Jute Mattresses, Mattress Accessories, Hydraulic & Pneumatic Tools, Pneumatic Stapler & Clinching Tool, Pneumatic Nailers, Air Springs & Compression Springs, Furniture Springs, Air Impact Wrench, Nails & Pins, Construction Nail.

Who are the key members and board of directors at Utech Fasten?

Board Members (4)

NameDesignationAppointment DateStatus
Harsh Vyas Country flag representing In Director 25-May-2022Current
Dhaval Shah Country flag representing In Whole-Time Director 01-Oct-2020Current
Yogesh Nathile Country flag representing In Whole-Time Director 01-Oct-2018Current
Hirendra Vyas Country flag representing In Director 20-Jan-2005Current

Financial Performance of Utech Fasten.

Utech Fasten Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.83% increase. The company also saw a substantial improvement in profitability, with a 41.95% increase in profit. The company's net worth Soared by an impressive increase of 18.56%.

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
23.83%
Revenue from Operations
24.04%
Total Assets
11.73%
Profit or Loss
41.95%
Net Worth
18.56%
EBITDA
50.36%

What is the Ownership and Shareholding Structure of Utech Fasten?

In 2023, Utech Fasten 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

₹14.26 Cr

Satisfied Charges

₹15.08 Cr

Charges Breakdown by Lending Institutions

  • Others : 14.26 Cr

Latest Charge Details

DateLenderAmountStatus
10 Dec 2019Others₹7.13 CrOpen
07 Jun 2019Others₹7.13 CrOpen
19 Nov 2010Others₹4.98 CrSatisfied
28 Sep 2010Others₹4.98 CrSatisfied
07 Sep 2005State Bank Of India₹2.45 CrSatisfied

How Many Employees Work at Utech Fasten?

Utech Fasten has a workforce of 90 employees as of Mar 28, 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 Utech Fasten, 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 Utech Fasten'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 Utech Fasten

Recent activity within the organization

  • Annual General Meeting

    Utech Fasten Private Limited last Annual general meeting of members was held on 15 Sep 2023 as per latest MCA records.

    15 Sep 2023

  • Balance Sheet

    Utech Fasten Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Harsh Vyas was appointed as a Director was appointed as a Director on 25 May 2022 & has been associated with this company since 2 years 9 months .

    25 May 2022

  • Charges

    A charge with Others of Rs. 7.13 Cr registered on 10 Dec 2019 with Charge ID 100308949 was modified on 16 Dec 2021.

    16 Dec 2021

  • Charges

    A charge with Others of Rs. 7.13 Cr registered on 07 Jun 2019 with Charge ID 100271624 was modified on 22 Nov 2021.

    22 Nov 2021

  • Director Appointment

    Dhaval Sureshchandra Shah was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Oct 2020 & has been associated with this company since 4 years 4 months .

    01 Oct 2020

Frequently asked questions

  • Utech Fasten Private Limited was incorporated on 20 Jan 2005.

  • The authorized share capital of Utech Fasten Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Currently 4 directors are associated with Utech Fasten Private Limited.

    • Harsh Vyas
    • Dhaval Sureshchandra Shah
    • Yogesh Krishnarao Nathile
    • Hirendra Kumar Vyas
  • As per Ministry of Corporate Affairs (Mca), the registered address of Utech Fasten Private Limited is Plot No. 179 Gidc Waghodia, Vadodara, Gujarat, India, 391760.

  • The corporate identification number (CIN) of Utech Fasten Private Limited is U36990GJ2005PTC045329 and the company number is 045329 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Utech Fasten Private Limited is https://www.utechfasten.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Utech Fasten Private Limited has risen by 23.83%.

  • As Per 2023 financial reports, 90 employees are currently employed by Utech Fasten Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Utech Fasten Private Limited has experienced an upsurge of 18.56%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Utech Fasten Private Limited amount to ₹ 14.26 Cr.

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

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