Firstmeridian Global Services Private Limited

Founded in 2005 and headquartered in Maharashtra, India.

2005 | Mumbai, Maharashtra (India) | Active
Last Updated: July 24, 2024

Firstmeridian Global Services Profile

Key Indicators

  • Authorised Capital ₹ 3.25 Cr
  • Paid Up Capital ₹ 7.39 M
  • Company Age 19 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 50.00 Cr
  • Satisfied Charges ₹ 9.38 Cr
  • Revenue Growth 34.90%
  • Profit Growth -18.62%
  • Ebitda 37.96%
  • Net Worth 23.09%
  • Total Assets 15.59%

About Firstmeridian Global Services

Firstmeridian Global Services Private Limited (FGSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 September 2005 and has a history of 19 years and five months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as V5 Global Services Private Limited. 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 3.25 Cr and a paid-up capital of Rs 7.39 M.

The company currently has active open charges totaling ₹50.00 Cr. The company has closed loans amounting to ₹9.38 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sudhakar Balakrishnan and Nilay Pratik serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    v5global.com

  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U72300MH2005PTC417429

  • Company No.

    140952

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Sep 2005

  • Date of AGM

    07 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Business Outsourcing

What products or services does Firstmeridian Global Services Private Limited offer?

Firstmeridian Global Services Private Limited offers a wide range of products and services, including Bathroom Accessories, Towel Holder, Water Tap, Hindware Water Tap, Towel Rings, Faucets, Water Taps and Bib Cocks, Mixer Tap, Faucets, Bibcock, Bathroom Taps.

Who are the key members and board of directors at Firstmeridian Global Services?

Board Members (2)

NameDesignationAppointment DateStatus
Nilay Pratik Country flag representing In Director 04-Jul-2018Current
Sudhakar Balakrishnan Country flag representing In Director 28-Sep-2018Current

Financial Performance of Firstmeridian Global Services.

Firstmeridian Global Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 34.9% increase. The company also saw a substantial fall in profitability, with a 18.62% decrease in profit. The company's net worth Soared by an impressive increase of 23.09%.

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
34.90%
Revenue from Operations
34.79%
Total Assets
15.59%
Profit or Loss
-18.62%
Net Worth
23.09%
EBITDA
37.96%

What is the Ownership and Shareholding Structure of Firstmeridian Global Services?

In 2023, Firstmeridian Global Services 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

₹50.00 Cr

Satisfied Charges

₹9.38 Cr

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 50.00 Cr

Latest Charge Details

DateLenderAmountStatus
16 Mar 2019Standard Chartered Bank₹50.00 CrOpen
25 Jul 2015The Hongkong And Shanghai Banking Corporation Limited₹4.00 CrSatisfied
11 Jul 2013The Hongkong And Shanghai Banking Corporation Limited₹4.70 CrSatisfied
28 Mar 2013Kotak Mahindra Bank Limited₹6.80 MSatisfied

How Many Employees Work at Firstmeridian Global Services?

Firstmeridian Global Services has a workforce of 50084 employees as of Mar 30, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Firstmeridian Global 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 Global Services'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 Firstmeridian Global Services

Recent activity within the organization

  • Charges

    A charge with Standard Chartered Bank of Rs. 50.00 Cr registered on 16 Mar 2019 with Charge ID 100258527 was modified on 05 Jan 2024.

    05 Jan 2024

  • Annual General Meeting

    Firstmeridian Global Services Private Limited last Annual general meeting of members was held on 07 Aug 2023 as per latest MCA records.

    07 Aug 2023

  • Balance Sheet

    Firstmeridian Global Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 25 Jul 2015 via Charge ID 10585699 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 10 Jul 2019.

    10 Jul 2019

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 50.00 Cr with Charge ID 100258527 was registered on 16 Mar 2019.

    16 Mar 2019

  • Director Appointment

    Sudhakar Balakrishnan was appointed as a Director was appointed as a Director on 28 Sep 2018 & has been associated with this company since 6 years 4 months .

    28 Sep 2018

Recent News, Updates & Announcement

Frequently asked questions

  • Firstmeridian Global Services Private Limited was incorporated on 20 Sep 2005.

  • The authorized share capital of Firstmeridian Global Services Private Limited is ₹ 3.25 Cr and paid-up capital is ₹ 7.39 M.

  • Currently 2 directors are associated with Firstmeridian Global Services Private Limited.

    • Sudhakar Balakrishnan
    • Nilay Pratik
  • As per Ministry of Corporate Affairs (Mca), the registered address of Firstmeridian Global Services Private Limited is 501 Jollyboard Tower-1 I Think Techno Campus, Kanjurmarg (East) Mumbai, Maharashtra, India, 400042.

  • The corporate identification number (CIN) of Firstmeridian Global Services Private Limited is U72300MH2005PTC417429 and the company number is 140952 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Firstmeridian Global Services Private Limited is https://www.v5global.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Firstmeridian Global Services Private Limited has risen by 34.90%.

  • As Per 2023 financial reports, 50084 employees are currently employed by Firstmeridian Global Services Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Firstmeridian Global Services Private Limited has experienced an upsurge of 23.09%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Firstmeridian Global Services Private Limited amount to ₹ 50.00 Cr.

  • The most recent Balance Sheet for Firstmeridian Global Services Private Limited was filed with the ROC on 31 Mar 2023.

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