Firstgear Technologies Private Limited

Provides comprehensive car maintenance services through MotoFyx platform.

2016 | Mumbai, Maharashtra (India) | Active
Last Updated: July 28, 2024

Firstgear Technologies Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 35.62%
  • Profit Growth -54.92%
  • Ebitda -44.48%
  • Net Worth 14.73%
  • Total Assets 121.77%

About Firstgear Technologies

Firstgear Technologies Private Limited (FTPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 June 2016 (Eight years and seven months 4 days old ). Its registered office is in Mumbai, Maharashtra, India.

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

Bharadwaj Sridhar and Akhilesh Sarma serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999MH2016PTC283114

  • Company No.

    283114

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Jun 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

E-Commerce

Who are the key members and board of directors at Firstgear Technologies?

Board Members (2)

Name Designation Appointment Date Status
Akhilesh Sarma Country flag representing In Director 30-Jun-2016 Current
Bharadwaj Sridhar Country flag representing In Director 30-Jun-2016 Current

Financial Performance of Firstgear Technologies.

Firstgear Technologies Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 35.62% increase. The company also saw a substantial fall in profitability, with a 54.92% decrease in profit. The company's net worth Soared by an impressive increase of 14.73%.

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
35.62%
Revenue from Operations
35.40%
Total Assets
121.77%
Profit or Loss
-54.92%
Net Worth
14.73%
EBITDA
-44.48%

What is the Ownership and Shareholding Structure of Firstgear Technologies?

In 2023, Firstgear Technologies 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 Firstgear Technologies?

Unlock and access historical data on people associated with Firstgear Technologies, 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 Firstgear Technologies, 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 Firstgear Technologies'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 Firstgear Technologies

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Firstgear Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Bharadwaj Sridhar was appointed as a Director was appointed as a Director on 30 Jun 2016 & has been associated with this company since 8 years 7 months .

    30 Jun 2016

  • Director Appointment

    Akhilesh Rajan Sarma was appointed as a Director was appointed as a Director on 30 Jun 2016 & has been associated with this company since 8 years 7 months .

    30 Jun 2016

  • Company Incorporation

    Firstgear Technologies Private Limited was registered on 30 Jun 2016 with Roc Mumbai & aged 8 years 7 months as per MCA records.

    30 Jun 2016

Recent News, Updates & Announcement

Frequently asked questions

  • Firstgear Technologies Private Limited was incorporated on 30 Jun 2016.

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

  • Currently 2 directors are associated with Firstgear Technologies Private Limited.

    • Bharadwaj Sridhar
    • Akhilesh Rajan Sarma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Firstgear Technologies Private Limited is 203Ashok Kumar Towers 47 Union Park Chembur., Mumbai, Maharashtra, India, 400071.

  • The corporate identification number (CIN) of Firstgear Technologies Private Limited is U74999MH2016PTC283114 and the company number is 283114 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Firstgear Technologies Private Limited is https://www.motofyx.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Firstgear Technologies Private Limited has risen by 35.62%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Firstgear Technologies Private Limited has experienced an upsurge of 14.73%.

  • The most recent Balance Sheet for Firstgear Technologies Private Limited was filed with the ROC on 31 Mar 2023.