Team First Private Limited
About Team First Private Limited
Data last updated:
Team First Private Limited was a private limited company based in Indore, Madhya Pradesh, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the commercial vehicles and fleet segment of the automotive sector. It was incorporated on 31 August 2021.
The company was registered with the Registrar of Companies (ROC), Gwalior, under CIN U35900MP2021PTC057288.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10,000. It was led by directors Arshi Khan and Zulfuqar Ali.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 125 Khijrabad Coloney Khajrana Madhya Pradesh, Indore, Madhya Pradesh, India – 452016.
As per the financials filed for FY 2024, the company reported a revenue of ₹26,000, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹15,415 (net margin -59.3%) and EBITDA of -₹15,415 (EBITDA margin -59.3%).
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- Registered Address125 Khijrabad Coloney Khajrana Madhya Pradesh, Indore, Madhya Pradesh, India – 452016
- IndustryAutomotive, Commercial Vehicles & Fleet
- 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
- One PDF report, delivered after checkout
Financials of Team First Private Limited FY 2024 filings available
Team First Private Limited reported revenue of ₹26,000 (down 98% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Team First Private Limited
Revenue fell 98% in the latest year. EBITDA rose 29% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Team First Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | -₹15,415 | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹15,415 | •••• | •••• |
| 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 of Team First Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -59.3% | •••• | •••• |
| Net Profit Margin | -59.3% | •••• | •••• |
| 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 | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Team First are in the company report.
Financial statements from FY 2022
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Team First Private Limited
Team First Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Commercial Vehicles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Eicher Polaris Private Limited | ₹14.75 Lakh (FY 2025) | •••• | •••• | -42.0% | •••• | New Delhi, Delhi, India |
| Tranztar Commercial Vehicle Applications Limited | ₹5.32 Lakh (FY 2025) | •••• | •••• | -100.0% | •••• | Mumbai, Maharashtra, India |
| Lucknow Wheels Private Limited | ₹3 Lakh (FY 2019) | •••• | •••• | •••• | Lucknow, Uttar Pradesh, India | |
| Chetan Commercial Vehicles Private Limited | ₹2.15 Lakh (FY 2025) | •••• | •••• | -55.0% | •••• | Uchagaon, Maharashtra, India |
| Neelkanth Fabricators Private Limited | ₹31,001 (FY 2025) | •••• | •••• | 720.0% | •••• | Anjar, Gujarat, India |
| Team First Private Limited this company | ₹26,000 (FY 2024) | •••• | •••• | -98.0% | •••• | Indore, Madhya Pradesh, India |
| Asia Motorworks Limited | ₹24,000 (FY 2025) | •••• | •••• | -64.0% | •••• | Bhuj, Gujarat, India |
| Pashupati Innovative Solutions Private Limited | ₹21,448 (FY 2025) | •••• | •••• | -99.0% | •••• | New Delhi, Delhi, India |
| G.K. Commercial Vehicles Private Limited | ₹12,025 (FY 2025) | •••• | •••• | •••• | Raipur, Chhattisgarh, India |
Peers are the five companies nearest above and the five nearest below Team First by revenue in the Automobiles industry (Commercial Vehicles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Team First Private Limited
Team First has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arshi Khan Also directs: Nafees Travels Private Limited | Director | 15 Jan 2024 | 2 Years 8 Months | As last reported |
| Zulfuqar Ali Also directs: Nafees City Bus Private Limited | Director | 31 Aug 2021 | 5 Years 1 Months | As last reported |
Charges & Borrowings of Team First Private Limited
Team First Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Team First Private Limited
Employment history and EPFO contributions of people linked to Team First.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Team First Private Limited
Team First Private Limited has 3 board changes on record since 2021: 2 appointments and 1 cessation. The latest: Aman Vbaidur Rehman Qureshi ceased to be Director on 15 Jan 2024.
Credit Ratings, Litigation & Regulatory Alerts for Team First Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Team First Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Team First Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Team First Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Team First Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Team First Private Limited
Team First has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Team First was a private limited company based in Indore, Madhya Pradesh, India. The company worked in commercial vehicles and fleet, within the automotive industry. It was incorporated on 31 August 2021 and is registered under CIN U35900MP2021PTC057288. The company has been struck off by the Registrar of Companies and is no longer operational.
Team First had 2 directors:
- Arshi Khan - Director
- Zulfuqar Ali - Director
The CIN (Corporate Identification Number) of Team First is U35900MP2021PTC057288. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Team First is at 125 Khijrabad Coloney Khajrana Madhya Pradesh, Indore, Madhya Pradesh, India – 452016.
Team First was incorporated on 31 August 2021. It is registered with the Registrar of Companies, Gwalior.
Team First reported revenue of ₹26,000 for FY 2024 (down 98% YoY).
Team First has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10,000.
Team First reported a net loss of ₹15,415 (net margin -59.3%) and EBITDA of -₹15,415 (EBITDA margin -59.3%) for FY 2024, as per its filed financial statements.
Team First operated in the automotive industry, in the commercial vehicles and fleet segment. It worked in this industry before it was struck off.
No. Team First is not listed on any stock exchange. It is an unlisted company.