Firstmeridian Business Services Profile
Key Indicators
- Authorised Capital ₹ 125.00 Cr
- Paid Up Capital ₹ 78.61 Cr
- Company Age 7 Year, 2 Days
- Last Filing with ROC 31 Mar 2023
- Revenue Growth 142.59%
- Profit Growth 166.41%
- Ebitda 163.44%
- Net Worth 3.74%
- Total Assets -1.86%
About Firstmeridian Business Services
Firstmeridian Business Services Limited (FBSL) is a Public Limited Indian Non-Government Company incorporated in India on 20 February 2018 (Seven years 2 days old ). Its registered office is in Bangalore, Karnataka, India.
The Company is engaged in the Business Outsourcing 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 125.00 Cr and a paid-up capital of Rs 78.61 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Firstmeridian Business Services Limited India are Sudhakar Balakrishnan as CEO and Srinivasan Satish as Cfo. Sudhakar Balakrishnan, Avinash Vashistha, Aduthuraiperumalkoil Chandrasekharan, and Four other members serve as directors at the Company.
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74999MH2018PLC371978
- Company No.
110311
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
20 Feb 2018
- Date of AGM
16 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Firstmeridian Business Services?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sudhakar Balakrishnan | CEO | 23-Oct-2019 | Current |
| Srinivasan Satish | CFO | 12-Mar-2022 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pooja Prabhakar  | Director | 12-Apr-2022 | Current |
| Nilay Pratik | Nominee Director | 21-Mar-2018 | Current |
| Manish Mehta | Nominee Director | 11-Sep-2018 | Current |
| Sudhakar Balakrishnan | Whole-Time Director | 21-Mar-2018 | Current |
| Avinash Vashistha | Director | 12-Apr-2022 | Current |
| Aduthuraiperumalkoil Chandrasekharan | Director | 12-Apr-2022 | Current |
Financial Performance of Firstmeridian Business Services.
Firstmeridian Business Services Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 142.59% increase. The company also saw a substantial improvement in profitability, with a 166.41% increase in profit. The company's net worth moved up by a moderate rise of 3.74%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Firstmeridian Business Services?
In 2023, Firstmeridian Business Services had a promoter holding of 85.70% and a public holding of 14.30%. The company had 6 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Samara India Advisors Private LimitedManish Mehta is a mutual person
Mombay Retail Private LimitedNilay Pratik is a mutual person
Rlabs Enterprise Services LimitedSudhakar Balakrishnan, Nilay Pratik and 1 more are mutual person
Bcp Associates LlpPooja Prabhakar is a mutual person
Paradise Food Court Private LimitedNilay Pratik is a mutual person
Athena Global Technologies LimitedAvinash Vashistha is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Firstmeridian Business Services?
Firstmeridian Business Services has a workforce of 151 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Firstmeridian Business Services, 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 Firstmeridian Business Services's trajectory.
Rating
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
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.
