Firstbest Consultants Private Limited

This company offers consulting, managed, and advisory services in IT security and software development.

1985 | Bangaluru, Karnataka (India) | Active
Last Updated:

Firstbest Consultants Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.50 M
  • Company Age 39 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 3.50 M
  • Revenue Growth -87.90%
  • Profit Growth -106.51%
  • Ebitda -168.56%
  • Net Worth -0.39%
  • Total Assets -2.47%

About Firstbest Consultants

Firstbest Consultants Private Limited (FCPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 November 1985 and has a history of 39 years and five months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Merican Investment And Finance 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 4.50 M.

The company has closed loans amounting to ₹3.50 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Sneha Kini, Pundalika Nayak, and Suhas Kini serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200KA1985PTC007261

  • Company No.

    007261

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Nov 1985

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology
Company report

Firstbest Consultants Private Limited

Explore comprehensive data for Firstbest Consultants Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Firstbest Consultants?

Board Members (3)

NameDesignationAppointment DateStatus
Sneha Kini Country flag representing In Director 01-Dec-2017Current
Pundalika Nayak Country flag representing In Director 05-Sep-2019Current
Suhas Kini Country flag representing In Additional Director 12-Aug-2023Current

Financial Performance of Firstbest Consultants.

Firstbest Consultants Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 87.9% decrease. The company also saw a substantial fall in profitability, with a 106.51% decrease in profit. The company's net worth dipped by a decrease of 0.39%.

Firstbest Consultants revenue growth over time
Firstbest Consultants 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
-87.90%
Revenue from Operations
Total Assets
-2.47%
Profit or Loss
-106.51%
Net Worth
-0.39%
EBITDA
-168.56%

What is the Ownership and Shareholding Structure of Firstbest Consultants?

In 2023, Firstbest Consultants had a public holding of 99.98%. 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

₹3.50 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 0.35 Cr

Latest Charge Details

DateLenderAmountStatus
24 May 2019Axis Bank Limited₹0.50 MSatisfied
23 Dec 2009Axis Bank Limited₹3.00 MSatisfied

How Many Employees Work at Firstbest Consultants?

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

Employee growth trends for Firstbest Consultants Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Firstbest Consultants, 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 Firstbest Consultants'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 Firstbest Consultants

Recent activity within the organization

  • Charges

    A charge registered on 24 May 2019 via Charge ID 100267078 with Axis Bank Limited was fully satisfied on 18 Nov 2023.

  • Annual General Meeting

    Firstbest Consultants Private Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

  • Director Appointment

    Suhas Kini was appointed as a Additional Director was appointed as a Additional Director on 12 Aug 2023 & has been associated with this company since 1 year 8 months .

  • Balance Sheet

    Firstbest Consultants Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

  • Director Appointment

    Pundalika Kodi Nayak was appointed as a Director was appointed as a Director on 05 Sep 2019 & has been associated with this company since 5 years 7 months .

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.50 M with Charge ID 100267078 was registered on 24 May 2019.

Frequently asked questions

  • What is the Incorporation or founding date of Firstbest Consultants Private Limited?

    Firstbest Consultants Private Limited was incorporated on 06 Nov 1985.

  • What is authorized share capital and paid-up capital of Firstbest Consultants Private Limited?

    The authorized share capital of Firstbest Consultants Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.50 M.

  • Who are the current board members & directors of Firstbest Consultants Private Limited?

    Currently 3 directors are associated with Firstbest Consultants Private Limited.

    • Sneha Kini
    • Pundalika Kodi Nayak
    • Suhas Kini

  • What is the registered address of Firstbest Consultants Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Firstbest Consultants Private Limited is 373 Ishavasya Ground Floor Opp. Nativity Church 5Th Main A.M.S Layout, Vidyaranyapura India, Bengaluru, Karnataka, 560097.

  • What is the corporate identification number (CIN) and company number of Firstbest Consultants Private Limited?

    The corporate identification number (CIN) of Firstbest Consultants Private Limited is U72200KA1985PTC007261 and the company number is 007261 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Firstbest Consultants Private Limited?

    The Official website of Firstbest Consultants Private Limited is https://www.firstbestconsultants.com

  • What has been the recent revenue trend for Firstbest Consultants Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Firstbest Consultants Private Limited has fallen by -87.90%.

  • What change has been observed in the net worth of Firstbest Consultants Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Firstbest Consultants Private Limited has experienced an downturn of -0.39%.

  • When was the last Balance Sheet of Firstbest Consultants Private Limited filed with the ROC?

    The most recent Balance Sheet for Firstbest Consultants Private Limited was filed with the ROC on 31 Mar 2023.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on IT Consulting & Support Services