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Design First Official Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹27.87 Cr
▲ 400% YoY
Net loss · FY 2025
₹4.72 Cr
Net margin -16.9%
EBITDA · FY 2025
-₹3.58 Cr
EBITDA margin -12.9%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.15 Cr
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
37
Provident fund records
Directors on board
2
As per MCA filings
About Design First Official Private Limited
Data last updated:
Design First Official Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 21 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72501MH2019PTC327087. Its GSTIN is 27AAHCD3049A1Z1 (Maharashtra).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.15 Cr. It was formerly known as Designquandy Private Limited. It is led by directors Uttam Daulatrao Shinde and Rupesh Uttam Shinde.
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 1st Floor Sunder Mahal 141 N. S Marg Marine Drive 92 Veer Nariman Road, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2025, the company reported a revenue of ₹27.87 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹4.72 Cr (net margin -16.9%) and EBITDA of -₹3.58 Cr (EBITDA margin -12.9%). Revenue has grown at a compounded annual rate (CAGR) of 201% over three years and 147% over five years.
The company has about 37 employees on its provident fund (EPFO) records.
The company has 3 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹7.54 Cr; the latest was in March 2022. Its 3 peer companies in the Consumer Services industry (Professional Services), with the same principal business activity (other professional, scientific and technical activities) are compared by revenue, 2 larger and 1 smaller; the largest is Medrona Billing Services Private Limited with revenue of ₹27.95 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website designqandy.com.
Company details
CIN U72501MH2019PTC327087
Registration Number 327087
Incorporation Date 21 June 2019
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
DPIIT Recognition Recognised Startup
Name history
Design First Official has undergone 2 name changes throughout its history. The company was previously known as Designquandy Private Limited, and Design First Official Private Limited. The current legal name is Design First Official Private Limited.
| Company Name | Status |
|---|---|
| Design First Official Private Limited | Current |
| Designquandy Private Limited | Previous |
Recognitions & Rankings of Design First Official
Contact details
Design First Official Private Limited's registered office is in Mumbai, Maharashtra. Its website is designqandy.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1st Floor Sunder Mahal 141 N. S Marg Marine Drive 92 Veer Nariman Road, Mumbai, Maharashtra, India – 400020
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Design First Official Private Limited, buy the company report.
Comprehensive company report
Design First Official 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 Design First Official is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Design First Official Private Limited, buy the company report.
Financials of Design First Official Private Limited
FY 2025 filings availableDesign First Official Private Limited reported revenue of ₹27.87 Cr (up 400% YoY) for FY 2025.
Revenue · FY 2025
₹27.87 Cr ▲ 400%
Net loss · FY 2025
₹4.72 Cr margin -16.9%
EBITDA · FY 2025
-₹3.58 Cr margin -12.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 400%
3 years · compounded
▲ 201%
5 years · compounded
▲ 147%
EBITDA CAGR growth
1 year
▲ 53%
3 years · compounded
▼ 23%
5 years · compounded
▼ 71%
Revenue has grown at a compounded annual rate (CAGR) of 147% over five years, including 400% growth in the latest year. EBITDA rose 53% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹3.58 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.72 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -12.9% | ||||
| Net Profit Margin | -16.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Design First Official Private Limited, buy the company report.
Board of directors of Design First Official Private Limited
Design First Official has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Uttam Daulatrao Shinde | Director | 21 Jun 2019 | 7 Years 4 Months | Current |
| Rupesh Uttam Shinde | Director | 21 Jun 2019 | 7 Years 4 Months | Current |
Peer comparison
Design First Official Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Services industry (Professional Services), with the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Medrona Billing Services Private Limited | ₹27.95 Cr (FY 2025) | 31.0% | Chennai, Tamil Nadu, India | |||
| Astrotel Private Limited | ₹27.93 Cr (FY 2025) | -25.0% | Mumbai, Maharashtra, India | |||
| Design First Official Private Limitedthis company | ₹27.87 Cr (FY 2025) | -₹4.72 Cr | -16.9% | 400.0% | 37 | Mumbai, Maharashtra, India |
| Enable Professional Services Private Limited | ₹27.64 Cr (FY 2025) | -8.0% | New Delhi, Delhi, India |
To see the full peer comparison of Design First Official Private Limited, buy the company report.
Auditor
Design First Official Private Limited is audited by JMT & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JMT & Associates | FY 2023 | 104167W |
Shareholding
The shareholding of Design First Official Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Design First Official Private Limited, buy the company report.
Deals & funding
Design First Official Private Limited has 3 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹7.54 Cr; the latest was in March 2022.
Total deals
3
Rights issue
1
Funding round
1
Secondary share transfer
1
Disclosed funding
₹7.54 Cr
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Funding round | ₹7.54 Cr | Investors: 4 individuals |
| Feb 2022 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
| Oct 2021 | Rights issue | ₹99 Lakh | Investors: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Design First Official Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Design First Official Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Design First Official Private Limited has a workforce of 37 employees on its EPFO records as of Oct 12, 2024, across 1 active EPFO establishment.
Employee count
37
Active EPFO establishments
1
Employee growth
23.33%
GST
Design First Official has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCD3049A1Z1 | Maharashtra | Active | 21 Dec 2019 |
To see the full GST registrations and return filing status of Design First Official Private Limited, buy the company report.
Recent activity
Design First Official Private Limited has 4 board changes on record since 2019: 3 appointments and 1 cessation. The latest: Ira Gupta ceased to be Director on 03 Feb 2025.
AGM
Design First Official Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Design First Official Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Ira Gupta ceased to be Director.
Appointed
Ira Gupta was appointed as Director.
Appointed
Rupesh Uttam Shinde was appointed as Director.
Appointed
Uttam Daulatrao Shinde was appointed as Director.
Incorporation
21 Jun 2019
Design First Official Private Limited was registered on 21 Jun 2019 with Roc Mumbai & aged 7 years 4 months as per MCA records.
Frequently asked questions
Design First Official is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 21 June 2019 (7+ years old) and is registered under CIN U72501MH2019PTC327087.
Design First Official has 2 current directors:
- Uttam Daulatrao Shinde - Director
- Rupesh Uttam Shinde - Director
The latest financial statements of Design First Official 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 FY 2020 are in the company report.
The GSTIN of Design First Official is 27AAHCD3049A1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of Design First Official is U72501MH2019PTC327087. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Design First Official was incorporated on 21 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Design First Official has 3 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹7.54 Cr; the latest was in March 2022.
The peers of Design First Official by revenue are Medrona Billing Services Private Limited, Astrotel Private Limited, Enable Professional Services Private Limited, all in the Consumer Services industry (Professional Services), with the same principal business activity (other professional, scientific and technical activities).
Ira Gupta ceased to be Director on 03 Feb 2025. Ira Gupta was appointed as Director on 05 Sep 2024. Rupesh Uttam Shinde was appointed as Director on 21 Jun 2019. Design First Official has 4 board changes on record in total.
Yes, Design First Official is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Design First Official can be reached through the website designqandy.com. Its registered office is in Mumbai, Maharashtra, India.