First Rate Solutions Private Limited

Real estate and infrastructure development services.

2018 | Ahmedabad, Gujarat (India) | Active
Last Updated:

First Rate Solutions Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 5.99 M
  • Company Age 7 Year, 5 Days
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 9.00 Cr
  • Revenue Growth %
  • Profit Growth 7.88%
  • Ebitda 8.54%
  • Net Worth -87.62%
  • Total Assets 8.33%

About First Rate Solutions

First Rate Solutions Private Limited (FRSPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 March 2018 (Seven years 5 days old ). Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Real Estate And Construction 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 6.00 M and a paid-up capital of Rs 5.99 M.

The company has closed loans amounting to ₹9.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Pradiv Patel and Priti Shah serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U70109GJ2018PTC110093

  • Company No.

    110093

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Mar 2018

  • Date of AGM

    16 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Real Estate and Construction

Who are the key members and board of directors at First Rate Solutions?

Board Members (2)

NameDesignationAppointment DateStatus
Pradiv Patel Country flag representing In Director 21-Jan-2022Current
Priti Shah Country flag representing In Director 25-Apr-2019Current

Financial Performance of First Rate Solutions.

First Rate Solutions Private Limited, for the financial year ended 2021, experienced no change in revenue, with a 0% increase. The company also saw a slight improvement in profitability, with a 7.88% increase in profit. The company's net worth observed a substantial decline by a decrease of 87.62%.

First Rate Solutions revenue growth over time
First Rate Solutions 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
Revenue from Operations
Total Assets
8.33%
Profit or Loss
7.88%
Net Worth
-87.62%
EBITDA
8.54%

What is the Ownership and Shareholding Structure of First Rate Solutions?

In 2019, First Rate Solutions 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

₹0

Satisfied Charges

₹90.00 M

Charges Breakdown by Lending Institutions

  • Others : 9.00 Cr

Latest Charge Details

DateLenderAmountStatus
04 Jun 2018Others₹9.00 CrSatisfied

How Many Employees Work at First Rate Solutions?

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

Employee growth trends for First Rate Solutions Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of First Rate Solutions, 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 Rate Solutions'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 Rate Solutions

Recent activity within the organization

  • Annual General Meeting

    First Rate Solutions Private Limited last Annual general meeting of members was held on 16 Sep 2024 as per latest MCA records.

  • Balance Sheet

    First Rate Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Director Appointment

    Pradiv Dilipbhai Patel was appointed as a Director was appointed as a Director on 21 Jan 2022 & has been associated with this company since 3 years 2 months .

  • Charges

    A charge registered on 04 Jun 2018 via Charge ID 100212036 with Others was fully satisfied on 20 Apr 2021.

  • Director Appointment

    Priti Nitin Shah was appointed as a Director was appointed as a Director on 25 Apr 2019 & has been associated with this company since 5 years 11 months .

  • Charges

    A charge with Others amounted to Rs. 90.00 M with Charge ID 100212036 was registered on 04 Jun 2018.

Frequently asked questions

  • What is the Incorporation or founding date of First Rate Solutions Private Limited?

    First Rate Solutions Private Limited was incorporated on 26 Mar 2018.

  • What is authorized share capital and paid-up capital of First Rate Solutions Private Limited?

    The authorized share capital of First Rate Solutions Private Limited is ₹ 6.00 M and paid-up capital is ₹ 5.99 M.

  • Who are the current board members & directors of First Rate Solutions Private Limited?

    Currently 2 directors are associated with First Rate Solutions Private Limited.

    • Pradiv Dilipbhai Patel
    • Priti Nitin Shah

  • What is the registered address of First Rate Solutions Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of First Rate Solutions Private Limited is A/1004 Prestige Tower, Near Himadry Apartment Opposite Krishna Bodakdev India, Ahmedabad, Gujarat, 380054.

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

    The corporate identification number (CIN) of First Rate Solutions Private Limited is U70109GJ2018PTC110093 and the company number is 110093 as per Ministry of Corporate Affairs (MCA).

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

    The financial reports for the fiscal year 2021 indicates that The net worth of First Rate Solutions Private Limited has experienced an downturn of -87.62%.

  • When was the last Balance Sheet of First Rate Solutions Private Limited filed with the ROC?

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

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