First Credit Ites Private Limited

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:

July 31, 2024
HomeCompanyFirst Credit Ites Private Limited

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

Board Members(2)

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

Financial Performance and Corporate Structure Insights 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%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(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%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹4.50 Cr

₹3.50 Cr

LenderAmountStatus

Hdfc Bank Limited

Creation Date: 07 Jan 2023
₹5.00 MOpen

Axis Bank Limited

Creation Date: 21 Apr 2022
₹4.00 CrOpen

Axis Bank Limited

Creation Date: 28 Mar 2016
₹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.

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Latest Updates, News, and FAQs on First Credit Ites

Recent activity within the organization

  • 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.

    18 May 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    First Credit Ites Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.50 Cr with Charge ID 100727202 was registered on 07 Jan 2023.

    07 Jan 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 4.00 Cr with Charge ID 100570184 was registered on 21 Apr 2022.

    21 Apr 2022

  • Charges

    A charge registered on 28 Mar 2016 via Charge ID 100022727 with Axis Bank Limited was fully satisfied on 19 Apr 2018.

    19 Apr 2018

Frequently asked questions

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

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

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

    • Rajesh Nandlal Chhabria
    • Bharat Hariram Wadhwa
  • 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 No. 16U Wagle Estate Thane West Wagle I.E., Maharashtra, India, 400604.

  • 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).

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

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

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for First Credit Ites Private Limited amount to ₹ 4.50 Cr.

  • The most recent Balance Sheet for First Credit Ites Private Limited was filed with the ROC on 31 Mar 2023.

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