First Cars Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 2.25 M
- Company Age 16 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 8.15 Cr
- Satisfied Charges ₹ 17.06 Cr
- Revenue Growth 74.98%
- Profit Growth 505.49%
- Ebitda 147.88%
- Net Worth 82.18%
- Total Assets 74.28%
About First Cars
First Cars Private Limited (FCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 May 2008 and has a history of 16 years and eight months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Ct Travel Solutions Private Limited. The Company is engaged in the Transport And Logistics 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 2.25 M.
The company currently has active open charges totaling ₹8.15 Cr. The company has closed loans amounting to ₹17.06 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vikas Banka and Amit Hiremath serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U63040MH2008PTC182955
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Company No.
182955
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
31 May 2008
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at First Cars?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vikas Banka
|
Director | 20-Dec-2008 | Current |
|
Amit Hiremath
|
Director | 31-May-2008 | Current |
Financial Performance of First Cars.
First Cars Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 74.98% increase. The company also saw a substantial improvement in profitability, with a 505.49% increase in profit. The company's net worth Soared by an impressive increase of 82.18%.
- Key Matrics
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What is the Ownership and Shareholding Structure of First Cars?
In 2023, First Cars had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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First Residences Private LimitedVikas Banka and Amit Hiremath are mutual person
Charges (Loans)
₹81.45 M
₹170.57 M
Charges Breakdown by Lending Institutions
- The Hongkong And Shanghai Banking Corporation Limited : 4.65 Cr
- Others : 2.40 Cr
- Axis Bank Limited : 1.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 May 2024 | Others | ₹2.40 Cr | Open |
| 08 Nov 2023 | Axis Bank Limited | ₹2.19 M | Open |
| 08 Nov 2023 | Axis Bank Limited | ₹2.19 M | Open |
| 08 Nov 2023 | Axis Bank Limited | ₹2.19 M | Open |
| 08 Nov 2023 | Axis Bank Limited | ₹2.19 M | Open |
How Many Employees Work at First Cars?
First Cars has a workforce of 87 employees as of Apr 04, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of First Cars, 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 First Cars's trajectory.
Rating
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
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.
