Firstrate Infotech Private Limited

IT services and solutions provider with a focus on wealth management and data technology.

2013 | Hyderabad, Telangana (India) | Active
Last Updated:

Firstrate Infotech Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 0.18 M
  • Company Age 11 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.23 M
  • Revenue Growth -55.08%
  • Profit Growth -101.11%
  • Ebitda -91.59%
  • Net Worth -0.93%
  • Total Assets -23.78%

About Firstrate Infotech

Firstrate Infotech Private Limited (FIPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 July 2013 and has a history of 11 years and nine months. Its registered office is in Hyderabad, Telangana, 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 1.50 M and a paid-up capital of Rs 0.18 M.

The company currently has active open charges totaling ₹1.23 M.

Jessica Pagadala, Goyal Veparala, and David Stone serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72300TG2013PTC145181

  • Company No.

    255732

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Jul 2013

  • Date of AGM

    25 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Information Technology
Company report

Firstrate Infotech Private Limited

Explore comprehensive data for Firstrate Infotech Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Firstrate Infotech?

Board Members (3)

NameDesignationAppointment DateStatus
David Stone Country flag representing Us Director 23-Jul-2013Current
Jessica Pagadala Country flag representing In Director 19-Jul-2018Current
Goyal Veparala Country flag representing In Director 27-Nov-2021Current

Financial Performance of Firstrate Infotech.

Firstrate Infotech Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 55.08% decrease. The company also saw a substantial fall in profitability, with a 101.11% decrease in profit. The company's net worth dipped by a decrease of 0.93%.

Firstrate Infotech revenue growth over time
Firstrate Infotech 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
-55.08%
Revenue from Operations
-55.70%
Total Assets
-23.78%
Profit or Loss
-101.11%
Net Worth
-0.93%
EBITDA
-91.59%

What is the Ownership and Shareholding Structure of Firstrate Infotech?

In 2023, Firstrate Infotech had a public holding of 11.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.23 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.12 Cr

Latest Charge Details

DateLenderAmountStatus
27 Oct 2021Hdfc Bank Limited₹1.23 MOpen

How Many Employees Work at Firstrate Infotech?

Firstrate Infotech has a workforce of 26 employees as of Apr 04, 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.

Employee growth trends for Firstrate Infotech Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Firstrate Infotech, 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 Firstrate Infotech'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 Firstrate Infotech

Recent activity within the organization

  • Annual General Meeting

    Firstrate Infotech Private Limited last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Firstrate Infotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

  • Director Appointment

    Goyal Veparala was appointed as a Director was appointed as a Director on 27 Nov 2021 & has been associated with this company since 3 years 5 months .

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.23 M with Charge ID 100495442 was registered on 27 Oct 2021.

  • Director Appointment

    Jessica Pagadala was appointed as a Director was appointed as a Director on 19 Jul 2018 & has been associated with this company since 6 years 9 months .

  • Director Appointment

    David Albert Stone was appointed as a Director was appointed as a Director on 23 Jul 2013 & has been associated with this company since 11 years 9 months .

Frequently asked questions

  • What is the Incorporation or founding date of Firstrate Infotech Private Limited?

    Firstrate Infotech Private Limited was incorporated on 23 Jul 2013.

  • What is authorized share capital and paid-up capital of Firstrate Infotech Private Limited?

    The authorized share capital of Firstrate Infotech Private Limited is ₹ 1.50 M and paid-up capital is ₹ 0.18 M.

  • Who are the current board members & directors of Firstrate Infotech Private Limited?

    Currently 3 directors are associated with Firstrate Infotech Private Limited.

    • Jessica Pagadala
    • Goyal Veparala
    • David Albert Stone

  • What is the registered address of Firstrate Infotech Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Firstrate Infotech Private Limited is Plot No.B-5 H.No.135 4Th Floor Nipun'S Akanksha Arcade Vayupuri Colony, Sainikpuri India, Secunderabad, Telangana, 500094.

  • What is the corporate identification number (CIN) and company number of Firstrate Infotech Private Limited?

    The corporate identification number (CIN) of Firstrate Infotech Private Limited is U72300TG2013PTC145181 and the company number is 255732 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Firstrate Infotech Private Limited?

    The Official website of Firstrate Infotech Private Limited is https://www.firstrateindia.com

  • What has been the recent revenue trend for Firstrate Infotech Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Firstrate Infotech Private Limited has fallen by -55.08%.

  • How many employees does Firstrate Infotech Private Limited currently have?

    As Per 2023 financial reports, 26 employees are currently employed by Firstrate Infotech Private Limited.

  • What change has been observed in the net worth of Firstrate Infotech Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Firstrate Infotech Private Limited has experienced an downturn of -0.93%.

  • What are the total open charges for Firstrate Infotech Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Firstrate Infotech Private Limited amount to ₹ 1.23 M.

  • When was the last Balance Sheet of Firstrate Infotech Private Limited filed with the ROC?

    The most recent Balance Sheet for Firstrate Infotech Private Limited was filed with the ROC on 31 Mar 2023.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on IT Consulting & Support Services