First Credit Ites Private Limited

IT company providing software publishing, IT consultancy, and web hosting services since 2010 in Mumbai.

2010 | Thane, Maharashtra (India) | Active
Last Updated:

First Credit Ites Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 15 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.57 Cr
  • Satisfied Charges ₹ 7.50 Cr
  • Revenue Growth 37.31%
  • Profit Growth -1.72%
  • Ebitda 29.65%
  • Net Worth 26.93%
  • Total Assets 27.74%

About First Credit Ites

First Credit Ites Private Limited (FCIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 March 2010 and has a history of 15 years and one month. Its registered office is in Thane, Maharashtra, India.

The Corporate was formerly known as First Credit Ite Services Private Limited. The Company is engaged in the Information Technology 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 2.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹8.57 Cr. The company has closed loans amounting to ₹7.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rajesh Chhabria and Bharat Wadhwa serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U93000MH2010PTC200783

  • Company No.

    200783

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Mar 2010

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Information Technology
Company report

First Credit Ites Private Limited

Explore comprehensive data for First Credit Ites Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at First Credit Ites?

Board Members (2)

NameDesignationAppointment DateStatus
Bharat Wadhwa Country flag representing In Director 10-Sep-2011Current
Rajesh Chhabria Country flag representing Us Director 29-Sep-2012Current

Financial Performance of First Credit Ites.

First Credit Ites Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.31% increase. The company also saw a slight decrease in profitability, with a 1.72% decrease in profit. The company's net worth Soared by an impressive increase of 26.93%.

First Credit Ites revenue growth over time
First Credit Ites 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
37.31%
Revenue from Operations
39.86%
Total Assets
27.74%
Profit or Loss
-1.72%
Net Worth
26.93%
EBITDA
29.65%

What is the Ownership and Shareholding Structure of First Credit Ites?

In 2023, First Credit Ites 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

₹8.57 Cr

Satisfied Charges

₹7.50 Cr

Charges Breakdown by Lending Institutions

  • Others : 8.08 Cr
  • Hdfc Bank Limited : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
24 Dec 2024Others₹7.00 CrOpen
31 Aug 2024Others₹1.08 CrOpen
07 Jan 2023Hdfc Bank Limited₹5.00 MOpen
21 Apr 2022Axis Bank Limited₹4.00 CrSatisfied
28 Mar 2016Axis Bank Limited₹1.50 CrSatisfied

How Many Employees Work at First Credit Ites?

First Credit Ites has a workforce of 32 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.

Employee growth trends for First Credit Ites Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of First Credit Ites, 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 Credit Ites'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 First Credit Ites

Recent activity within the organization

  • Charges

    A charge registered on 21 Apr 2022 via Charge ID 100570184 with Axis Bank Limited was fully satisfied on 14 Jan 2025.

  • Charges

    A charge with Others amounted to Rs. 7.00 Cr with Charge ID 101028156 was registered on 24 Dec 2024.

  • Annual General Meeting

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

  • Charges

    A charge with Others amounted to Rs. 1.08 Cr with Charge ID 100971034 was registered on 31 Aug 2024.

  • Charges

    A charge with Axis Bank Limited of Rs. 4.00 Cr registered on 21 Apr 2022 with Charge ID 100570184 was modified on 18 May 2024.

  • Balance Sheet

    First Credit Ites Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

Frequently asked questions

  • What is the Incorporation or founding date of First Credit Ites Private Limited?

    First Credit Ites Private Limited was incorporated on 11 Mar 2010.

  • What is authorized share capital and paid-up capital of First Credit Ites Private Limited?

    The authorized share capital of First Credit Ites Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Who are the current board members & directors of First Credit Ites Private Limited?

    Currently 2 directors are associated with First Credit Ites Private Limited.

    • Rajesh Nandlal Chhabria
    • Bharat Hariram Wadhwa

  • What is the registered address of First Credit Ites Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of First Credit Ites Private Limited is Unit No 401 4Th Floor Nitco Biz Park Plot No. C-19 Road 16U Wagle Estate, West India, Thane, Maharashtra, 400604.

  • What is the corporate identification number (CIN) and company number of First Credit Ites Private Limited?

    The corporate identification number (CIN) of First Credit Ites Private Limited is U93000MH2010PTC200783 and the company number is 200783 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for First Credit Ites Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for First Credit Ites Private Limited has risen by 37.31%.

  • How many employees does First Credit Ites Private Limited currently have?

    As Per 2023 financial reports, 32 employees are currently employed by First Credit Ites Private Limited.

  • What change has been observed in the net worth of First Credit Ites Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of First Credit Ites Private Limited has experienced an upsurge of 26.93%.

  • What are the total open charges for First Credit Ites Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for First Credit Ites Private Limited amount to ₹ 8.57 Cr.

  • When was the last Balance Sheet of First Credit Ites Private Limited filed with the ROC?

    The most recent Balance Sheet for First Credit Ites Private Limited was filed with the ROC on 31 Mar 2024.

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