First Residences Private Limited

Company offers rental and leasing services for apartments, houses, and buildings, as well as hotel and resort management.

2010 | Mumbai, Maharashtra (India) | Active
Last Updated: January 27, 2025

First Residences Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 14 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 51.51%
  • Profit Growth -148.17%
  • Ebitda -104.26%
  • Net Worth -36.37%
  • Total Assets 42.13%

About First Residences

First Residences Private Limited (FRPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 May 2010 and has a history of 14 years and eight months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Financial Services 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 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Vikas Banka and Amit Hiremath serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    firstresidences.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U55101MH2010PTC203423

  • Company No.

    203423

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 May 2010

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

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

Board Members (2)

Name Designation Appointment Date Status
Vikas Banka Country flag representing In Director 29-Apr-2011 Current
Amit Hiremath Country flag representing In Director 21-May-2010 Current

Financial Performance of First Residences.

First Residences Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 51.51% increase. The company also saw a substantial fall in profitability, with a 148.17% decrease in profit. The company's net worth observed a substantial decline by a decrease of 36.37%.

Graph illustrating revenue growth over time
Graph showing 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
51.51%
Revenue from Operations
50.82%
Total Assets
42.13%
Profit or Loss
-148.17%
Net Worth
-36.37%
EBITDA
-104.26%

What is the Ownership and Shareholding Structure of First Residences?

In 2023, First Residences 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at First Residences?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Director Appointment

    Vikas Satyadeo Banka was appointed as a Director was appointed as a Director on 29 Apr 2011 & has been associated with this company since 13 years 9 months .

    29 Apr 2011

  • Director Appointment

    Amit Omprakash Hiremath was appointed as a Director was appointed as a Director on 21 May 2010 & has been associated with this company since 14 years 8 months .

    21 May 2010

  • Company Incorporation

    First Residences Private Limited was registered on 21 May 2010 with Roc Mumbai & aged 14 years 8 months as per MCA records.

    21 May 2010

Frequently asked questions

  • First Residences Private Limited was incorporated on 21 May 2010.

  • The authorized share capital of First Residences Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with First Residences Private Limited.

    • Vikas Satyadeo Banka
    • Amit Omprakash Hiremath
  • As per Ministry of Corporate Affairs (Mca), the registered address of First Residences Private Limited is 302 Balaji Business Centre Ram Milan Chs Subhas Road, Vile Parle (East) India, Mumbai, Maharashtra, 400057.

  • The corporate identification number (CIN) of First Residences Private Limited is U55101MH2010PTC203423 and the company number is 203423 as per Ministry of Corporate Affairs (MCA).

  • The Official website of First Residences Private Limited is https://www.firstresidences.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for First Residences Private Limited has risen by 51.51%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of First Residences Private Limited has experienced an downturn of -36.37%.

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

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