First Fintec Limited

Develops digital learning products for K-10 CBSE and state board curriculums.

2000 | Mumbai, Maharashtra (India) | Active
Last Updated: July 05, 2024

First Fintec Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 10.40 Cr
  • Company Age 24 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.30 Cr
  • Revenue Growth 657.59%
  • Profit Growth 51.17%
  • Ebitda 164.71%
  • Net Worth -13.22%
  • Total Assets -11.89%

About First Fintec

First Fintec Limited (FFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 03 March 2000 and has a history of 24 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532379.

The Corporate was formerly known as Iqms Software Limited. The Company is engaged in the Education 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 25.00 Cr and a paid-up capital of Rs 10.40 Cr.

The company currently has active open charges totaling ₹1.30 Cr.

The Key Managerial Personnel (KMP) at First Fintec Limited India are Janaki Urrinkala as CFO and Nilayattingal Philip as Company Secretary. Sailesh Pethe, Rajan Pillai, and Leena Hebbar serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    L72200MH2000PLC239534

  • Company No.

    239534

  • Stock Symbol

    BSE : 532379

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 Mar 2000

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Education

What products or services does First Fintec Limited offer?

First Fintec Limited offers a wide range of products and services, including BPO Operations and Services, BPO Services, Career Guidance & Admission Services, Educational Services, Graduation & High Education Programs, Medical Educational Service, Management Courses.

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

Executive Team (2)

NameDesignationAppointment DateStatus
Janaki Urrinkala Country flag representing In CFO01-Apr-2014Current
Nilayattingal Philip Company Secretary15-May-2023Current

Board Members (3)

NameDesignationAppointment DateStatus
Sailesh Pethe Country flag representing In Director 11-Jun-2008Current
Rajan Pillai Country flag representing In Director 22-Nov-2012Current
Leena Hebbar Country flag representing In Director 30-Mar-2015Current

Financial Performance of First Fintec.

First Fintec Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 657.59% increase. The company also saw a substantial improvement in profitability, with a 51.17% increase in profit. The company's net worth observed a substantial decline by a decrease of 13.22%.

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
657.59%
Revenue from Operations
827.41%
Total Assets
-11.89%
Profit or Loss
51.17%
Net Worth
-13.22%
EBITDA
164.71%

What is the Ownership and Shareholding Structure of First Fintec?

In 2022, First Fintec had a promoter holding of 50.04% and a public holding of 49.96%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.30 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of Madura Limited : 1.30 Cr

Latest Charge Details

DateLenderAmountStatus
26 Sep 2000Bank Of Madura Limited₹1.30 CrOpen

How Many Employees Work at First Fintec?

Unlock and access historical data on people associated with First Fintec, 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 Fintec, 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 Fintec'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 Fintec

Recent activity within the organization

  • Annual General Meeting

    First Fintec Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Director Appointment

    Nilayattingal Philby Philip was appointed as a Company Secretary was appointed as a Company Secretary on 15 May 2023 & has been associated with this company since 1 year 9 months .

    15 May 2023

  • Balance Sheet

    First Fintec Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Leena Vivek Hebbar was appointed as a Director was appointed as a Director on 30 Mar 2015 & has been associated with this company since 9 years 10 months .

    30 Mar 2015

  • Director Appointment

    Janaki Rao Urrinkala was appointed as a Cfo was appointed as a Cfo on 01 Apr 2014 & has been associated with this company since 10 years 10 months .

    01 Apr 2014

  • Director Appointment

    Rajan Vasudevan Pillai was appointed as a Director was appointed as a Director on 22 Nov 2012 & has been associated with this company since 12 years 3 months .

    22 Nov 2012

Frequently asked questions

  • First Fintec Limited was incorporated on 03 Mar 2000.

  • The authorized share capital of First Fintec Limited is ₹ 25.00 Cr and paid-up capital is ₹ 10.40 Cr.

  • Currently 5 directors are associated with First Fintec Limited.

    • Sailesh Madhav Pethe
    • Rajan Vasudevan Pillai
    • Leena Vivek Hebbar
    • Janaki Rao Urrinkala
    • Nilayattingal Philby Philip
  • As per Ministry of Corporate Affairs (Mca), the registered address of First Fintec Limited is 3Rd Floor The Bureau Chambers, Above State Bank Of Patiala Chembur Naka Chembur, Mumbai, Maharashtra, India, 400071.

  • The corporate identification number (CIN) of First Fintec Limited is L72200MH2000PLC239534 and the company number is 239534 as per Ministry of Corporate Affairs (MCA).

  • Yes, First Fintec Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of First Fintec Limited is https://www.firstobjectindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for First Fintec Limited has risen by 657.59%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of First Fintec Limited has experienced an downturn of -13.22%.

  • As per the financial statements for fiscal Year 2023, The total open charges for First Fintec Limited amount to ₹ 1.30 Cr.

  • The most recent Balance Sheet for First Fintec Limited was filed with the ROC on 31 Mar 2023.

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