First Financial Services Ltd logo

First Financial Services Ltd

This company offers investment and merchant banking services, including advising on securities and facilitating mergers and acquisitions.
1984 | Tiruvallur, Tamil Nadu (India) | Active

Last Updated:

June 27, 2024
HomeCompanyFirst Financial Services Ltd

Who are the key members and board of directors at First Financial Services?

Executive Team (1)

NameDesignationAppointment DateStatus
Sonal SagarCFO05-Aug-2021Current

Board Members(3)

NameDesignationAppointment DateStatus
Chetan Sagar In Director 28-Jul-2021Current
Girshkumar Panchal In Director 28-Sep-2015Current
Chandrika Panchal In Director 28-May-2016Current

Financial Performance of First Financial Services.

First Financial Services Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 98.54% decrease. The company also saw a substantial improvement in profitability, with a 79.47% increase in profit. The company's net worth dipped by a decrease of 0.86%.

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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
-98.54%
Revenue from Operations
Total Assets
-0.88%
Profit or Loss
79.47%
Net Worth
-0.86%
EBITDA
63.63%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹2.54 Cr

LenderAmountStatus

The Karnatka Bank Ltd

Creation Date: 30 Dec 1996
₹5.00 MOpen

Indian Bank

Creation Date: 09 Mar 1995
₹1.00 CrOpen

Bank Of Madurai

Creation Date: 24 Jan 1995
₹5.00 MOpen

How Many Employees Work at First Financial Services?

Unlock and access historical data on people associated with First Financial Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Graph

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Latest Updates, News, and FAQs on First Financial Services

Recent activity within the organization

  • Annual General Meeting

    First Financial Services Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    First Financial Services Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Sonal Chetan Sagar was appointed as a Director was appointed as a Director on 30 Nov 2021 & has been associated with this company since 3 years 1 month .

    30 Nov 2021

  • Director Appointment

    Sonal Chetan Sagar was appointed as a Cfo was appointed as a Cfo on 05 Aug 2021 & has been associated with this company since 3 years 5 months .

    05 Aug 2021

  • Director Appointment

    Chetan Pradip Sagar was appointed as a Director was appointed as a Director on 28 Jul 2021 & has been associated with this company since 3 years 5 months .

    28 Jul 2021

  • Director Appointment

    Chandrika Girish Panchal was appointed as a Director was appointed as a Director on 28 May 2016 & has been associated with this company since 8 years 7 months .

    28 May 2016

Frequently asked questions

  • First Financial Services Ltd was incorporated on 17 Oct 1984.

  • The authorized share capital of First Financial Services Ltd is ₹ 16.00 Cr and paid-up capital is ₹ 8.07 Cr.

  • Currently 5 directors are associated with First Financial Services Ltd.

    • Sonal Chetan Sagar
    • Chetan Pradip Sagar
    • Sonal Chetan Sagar
    • Girshkumar Dalshukhram Panchal
    • Chandrika Girish Panchal
  • As per Ministry of Corporate Affairs (Mca), the registered address of First Financial Services Ltd is 52 F3 1St Fl Diamond Block Gandhi Main Road, Sri Krishna Vatika Appt Puzhal, Chennai, Tamil Nadu, India, 600066.

  • The corporate identification number (CIN) of First Financial Services Ltd is L85100TN1984PLC011231 and the company number is 011231 as per Ministry of Corporate Affairs (MCA).

  • The Official website of First Financial Services Ltd is https://www.ffslonline.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for First Financial Services Ltd has fallen by -98.54%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of First Financial Services Ltd has experienced an downturn of -0.86%.

  • As per the financial statements for fiscal Year 2023, The total open charges for First Financial Services Ltd amount to ₹ 2.54 Cr.

  • The most recent Balance Sheet for First Financial Services Ltd was filed with the ROC on 31 Mar 2023.

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