First Residences Private Limited

First Residences Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U55101MH2010PTC203423 Incorporated 21 May 2010 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company financial services
Data last updated
Revenue · FY 2025
₹56.22 Lakh
▲ 58% YoY
Net profit · FY 2025
₹24.54 Lakh
Net margin 43.6%
EBITDA · FY 2025
₹30.25 Lakh
EBITDA margin 53.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
16 yrs
Est. 2010
Directors on board
2
As per MCA filings
Active GSTINs
1
of 2 registered

About First Residences Private Limited

Data last updated:

First Residences Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 21 May 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55101MH2010PTC203423. Its GSTIN is 27AABCF5359F1ZM (Maharashtra). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vikas Satyadeo Banka and Amit Omprakash Hiremath.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 302 Balaji Business Centre Ram Milan Chs Subhas Road Vile Parle (East), Mumbai, Maharashtra, India – 400057.

As per the financials filed for FY 2025, the company reported a revenue of ₹56.22 Lakh, a growth of 58% compared to the previous year. For the same year it recorded a net profit of ₹24.54 Lakh (net margin 43.6%) and EBITDA of ₹30.25 Lakh (EBITDA margin 53.8%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 1% over five years.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website firstresidences.in.

Company details

CIN U55101MH2010PTC203423
Registration Number 203423
Incorporation Date 21 May 2010
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

First Residences Private Limited's registered office is in Mumbai, Maharashtra. Its website is firstresidences.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    302 Balaji Business Centre Ram Milan Chs Subhas Road Vile Parle (East), Mumbai, Maharashtra, India – 400057
  • Industry
    Financial Services, Real Estate Financing

To see the full contact details of First Residences Private Limited, buy the company report.

Comprehensive company report
First Residences Private Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of First Residences is administrative and support service activities. In detail, this covers rental and leasing activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NAdministrative and support service activities77Rental and leasing activities

To see the full business activity and turnover split of First Residences Private Limited, buy the company report.

Financials of First Residences Private Limited

FY 2025 filings available

First Residences Private Limited reported revenue of ₹56.22 Lakh (up 58% YoY) for FY 2025.

Revenue · FY 2025
₹56.22 Lakh ▲ 58%
Net profit · FY 2025
₹24.54 Lakh margin 43.6%
EBITDA · FY 2025
₹30.25 Lakh margin 53.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 58%
3 years · compounded
▲ 20%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▲ 198%
3 years · compounded
▲ 98%
5 years · compounded
▲ 31%

Revenue rose 58% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 198% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹30.25 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹24.54 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin53.8%
Net Profit Margin43.6%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of First Residences Private Limited, buy the company report.

Board of directors of First Residences Private Limited

First Residences has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vikas Satyadeo BankaDirector29 Apr 201115 Years 6 MonthsCurrent
Amit Omprakash HiremathDirector21 May 201016 Years 5 MonthsCurrent

Auditor

First Residences Private Limited is audited by S Dayma & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
S Dayma & CoFY 2023129986W

Shareholding

The shareholding of First Residences Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of First Residences Private Limited, buy the company report.

MSME payment delays

First Residences Private Limited has 7 MSME Form 1 returns on record between 2019 and 2022, listing 9 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (2 of 2)

SupplierAmount dueDue sinceReported on
Premji Sales Company Private Ltd
S Dayma & Co

To see the full MSME payment records of First Residences Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

First Residences has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AABCF5359F1ZMMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of First Residences Private Limited, buy the company report.

Recent activity

First Residences Private Limited has 3 board changes on record since 2010: 2 appointments and 1 cessation. The latest: Ashutosh Sudhir Chitnis ceased to be Director on 04 May 2023.

AGM
First Residences Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
First Residences Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Ashutosh Sudhir Chitnis ceased to be Director.
Appointed
Vikas Satyadeo Banka was appointed as Director.
Appointed
Amit Omprakash Hiremath was appointed as Director.
Incorporation
21 May 2010
First Residences Private Limited was registered on 21 May 2010 with Roc Mumbai & aged 16 years 5 months as per MCA records.

Frequently asked questions

First Residences is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 21 May 2010 (16+ years old) and is registered under CIN U55101MH2010PTC203423.

First Residences has 2 current directors:

The latest financial statements of First Residences on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of First Residences is 27AABCF5359F1ZM, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of First Residences is U55101MH2010PTC203423. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

First Residences was incorporated on 21 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.

Ashutosh Sudhir Chitnis ceased to be Director on 04 May 2023. Vikas Satyadeo Banka was appointed as Director on 29 Apr 2011. Amit Omprakash Hiremath was appointed as Director on 21 May 2010.

First Residences has 7 MSME Form 1 returns on record between 2019 and 2022, listing 9 overdue payments to 2 micro and small suppliers. The latest return was filed on 02 Sep 2023.

First Residences can be reached through the website firstresidences.in. Its registered office is in Mumbai, Maharashtra, India.

The registered office of First Residences is at 302 Balaji Business Centre Ram Milan Chs Subhas Road Vile Parle East, Mumbai, Maharashtra, India – 400057.

First Residences operates in the financial services industry, in the real estate financing segment.