Firstrand Services Private Limited

Provides IT consulting, back office support, IT testing, development, maintenance, and database management services.

2013 | Navi Mumbai, Maharashtra (India) | Active
Last Updated: July 24, 2024

Firstrand Services Profile

Key Indicators

  • Authorised Capital ₹ 4.80 Cr
  • Paid Up Capital ₹ 2.13 Cr
  • Company Age 11 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 14.44 Cr
  • Revenue Growth 34.68%
  • Profit Growth 44.93%
  • Ebitda 36.74%
  • Net Worth 30.00%
  • Total Assets 27.35%

About Firstrand Services

Firstrand Services Private Limited (FSPL) is a leading Private Limited Foreign Company Incorporated In India incorporated in India on 22 March 2013 and has a history of 11 years and ten months. Its registered office is in Navi Mumbai, Maharashtra, India.

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 4.80 Cr and a paid-up capital of Rs 2.13 Cr.

The company currently has active open charges totaling ₹14.44 Cr.

Rajesh Renick, Joseph Vickery, Anupa Chodankar, and One other member serve as directors at the Company.

Company Details

  • Location

    Navi Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74120MH2013FTC241274

  • Company No.

    241274

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    22 Mar 2013

  • Date of AGM

    16 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Information Technology
Business Outsourcing

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

Executive Team (1)

NameDesignationAppointment DateStatus
Rajesh Renick Country flag representing Za Managing Director10-Mar-2016Current

Board Members (3)

NameDesignationAppointment DateStatus
Anupa Chodankar Country flag representing In Director 05-Mar-2019Current
Joseph Vickery Country flag representing Gb Director 01-Jul-2016Current
Vinit Anand Country flag representing In Director 15-Nov-2022Current

Financial Performance of Firstrand Services.

Firstrand Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 34.68% increase. The company also saw a substantial improvement in profitability, with a 44.93% increase in profit. The company's net worth Soared by an impressive increase of 30%.

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
34.68%
Revenue from Operations
34.49%
Total Assets
27.35%
Profit or Loss
44.93%
Net Worth
30.00%
EBITDA
36.74%

What is the Ownership and Shareholding Structure of Firstrand Services?

In 2023, Firstrand 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

₹14.44 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 13.44 Cr
  • Hdfc Bank Limited : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
07 Feb 2020Axis Bank Limited₹5.00 CrOpen
07 Feb 2020Axis Bank Limited₹8.44 CrOpen
27 Jun 2017Hdfc Bank Limited₹1.00 CrOpen

How Many Employees Work at Firstrand Services?

Firstrand Services has a workforce of 539 employees as of Apr 07, 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 Firstrand 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 Firstrand 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 Firstrand Services

Recent activity within the organization

  • Annual General Meeting

    Firstrand Services Private Limited last Annual general meeting of members was held on 16 Aug 2023 as per latest MCA records.

    16 Aug 2023

  • Balance Sheet

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

    31 Mar 2023

  • Director Appointment

    Vinit Anand was appointed as a Director was appointed as a Director on 15 Nov 2022 & has been associated with this company since 2 years 2 months .

    15 Nov 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100328334 was registered on 07 Feb 2020.

    07 Feb 2020

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 8.44 Cr with Charge ID 100328336 was registered on 07 Feb 2020.

    07 Feb 2020

  • Director Appointment

    Anupa Pandurang Chodankar was appointed as a Director was appointed as a Director on 05 Mar 2019 & has been associated with this company since 5 years 10 months .

    05 Mar 2019

Frequently asked questions

  • Firstrand Services Private Limited was incorporated on 22 Mar 2013.

  • The authorized share capital of Firstrand Services Private Limited is ₹ 4.80 Cr and paid-up capital is ₹ 2.13 Cr.

  • Currently 4 directors are associated with Firstrand Services Private Limited.

    • Rajesh John Renick
    • Joseph Alan Vickery
    • Anupa Pandurang Chodankar
    • Vinit Anand
  • As per Ministry of Corporate Affairs (Mca), the registered address of Firstrand Services Private Limited is Unit 9 And 10 17Th Floor Building Q1 Ttc Industrial Area Thane Belapur Road, Ghansoli, Navi Mumbai, Maharashtra, India, 400710.

  • The corporate identification number (CIN) of Firstrand Services Private Limited is U74120MH2013FTC241274 and the company number is 241274 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Firstrand Services Private Limited is https://www.frspl.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Firstrand Services Private Limited has risen by 34.68%.

  • As Per 2023 financial reports, 539 employees are currently employed by Firstrand Services Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Firstrand Services Private Limited has experienced an upsurge of 30.00%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Firstrand Services Private Limited amount to ₹ 14.44 Cr.

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

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