Initiatefirst Information Services Private Limited

Provides software and hardware solutions, consulting, and services for software development, networking, and security.

2015 | Hyderabad, Telangana (India) | Active
Last Updated: December 26, 2024

Initiatefirst Information Services Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 9 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 47.64%
  • Profit Growth 112.50%
  • Ebitda 378.85%
  • Net Worth 155.89%
  • Total Assets 66.52%

About Initiatefirst Information Services

Initiatefirst Information Services Private Limited (IISPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 October 2015 (Nine years and three months 17 days old ). 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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 5.00 M, as per Ministry of Corporate Affairs (MCA) records.

Jugul Pulikonda, Lakshmi Pulikonda, and Sandeep Pulikonda serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    initiatefirst-is.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200TG2015PTC101417

  • Company No.

    101417

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Oct 2015

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Information Technology

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

Board Members (3)

Name Designation Appointment Date Status
Sandeep Pulikonda Country flag representing In Director 30-Dec-2016 Current
Jugul Pulikonda Country flag representing In Director 30-Oct-2015 Current
Lakshmi Pulikonda Country flag representing In Director 01-Oct-2020 Current

Financial Performance of Initiatefirst Information Services.

Initiatefirst Information Services Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 47.64% increase. The company also saw a substantial improvement in profitability, with a 112.5% increase in profit. The company's net worth Soared by an impressive increase of 155.89%.

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
47.64%
Revenue from Operations
47.43%
Total Assets
66.52%
Profit or Loss
112.50%
Net Worth
155.89%
EBITDA
378.85%

What is the Ownership and Shareholding Structure of Initiatefirst Information Services?

In 2021, Initiatefirst Information 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Initiatefirst Information Services?

Initiatefirst Information Services has a workforce of 54 employees as of Mar 23, 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 Initiatefirst Information 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 Initiatefirst Information 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 Initiatefirst Information Services

Recent activity within the organization

  • Annual General Meeting

    Initiatefirst Information Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Initiatefirst Information Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Director Appointment

    Lakshmi Pulikonda was appointed as a Director was appointed as a Director on 01 Oct 2020 & has been associated with this company since 4 years 4 months .

    01 Oct 2020

  • Director Appointment

    Sandeep Pulikonda was appointed as a Director was appointed as a Director on 30 Dec 2016 & has been associated with this company since 8 years 1 month .

    30 Dec 2016

  • Director Appointment

    Jugul Kishore Pulikonda was appointed as a Director was appointed as a Director on 30 Oct 2015 & has been associated with this company since 9 years 3 months .

    30 Oct 2015

  • Company Incorporation

    Initiatefirst Information Services Private Limited was registered on 30 Oct 2015 with Roc Hyderabad & aged 9 years 3 months as per MCA records.

    30 Oct 2015

Frequently asked questions

  • Initiatefirst Information Services Private Limited was incorporated on 30 Oct 2015.

  • The authorized share capital of Initiatefirst Information Services Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 3 directors are associated with Initiatefirst Information Services Private Limited.

    • Jugul Kishore Pulikonda
    • Lakshmi Pulikonda
    • Sandeep Pulikonda
  • As per Ministry of Corporate Affairs (Mca), the registered address of Initiatefirst Information Services Private Limited is 91Springboard Lvs Arcade Plot No 71 Jubilee Enclave, Hitech City India, Hyderabad, Telangana, 500081.

  • The corporate identification number (CIN) of Initiatefirst Information Services Private Limited is U72200TG2015PTC101417 and the company number is 101417 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Initiatefirst Information Services Private Limited is https://www.initiatefirst-is.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Initiatefirst Information Services Private Limited has risen by 47.64%.

  • As Per 2022 financial reports, 54 employees are currently employed by Initiatefirst Information Services Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Initiatefirst Information Services Private Limited has experienced an upsurge of 155.89%.

  • The most recent Balance Sheet for Initiatefirst Information Services Private Limited was filed with the ROC on 31 Mar 2024.