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 10 peer companies in the Consumer Services industry (Professional Services) are compared by revenue, 5 larger and 5 smaller; the largest is Osian's - Connoisseurs of Art Private Limited.
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.
- EmailLocked
- TelephoneLocked
- 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
- 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
Business Activity of Design First Official Private Limited
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 | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Design First Official Private Limited FY 2025 filings available
Design First Official Private Limited reported revenue of ₹27.87 Cr (up 400% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Design First Official Private Limited
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 of Design First Official Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | -₹3.58 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4.72 Cr | •••• | •••• | •••• | •••• |
| 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 Design First Official Private Limited
| 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) | •••• | •••• | •••• | •••• | •••• |
| 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 Design First Official are in the company report.
Financial statements from FY 2020
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 Design First Official Private Limited
Design First Official Private Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Professional Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Osian's - Connoisseurs of Art Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Nav Durga Poly Creation Private Limited | •••• | •••• | •••• | •••• | - | Surat, Gujarat, India |
| Medrona Billing Services Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Astrotel Private Limited | •••• | •••• | •••• | •••• | 44 | Mumbai, Maharashtra, India |
| Absolute Reports Private Limited | •••• | •••• | •••• | •••• | 110 | Pune, Maharashtra, India |
| Design First Official Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Magalir Finserv Private Limited | •••• | •••• | •••• | •••• | - | Tirunelveli, Tamil Nadu, India |
| Hi Physix Laboratory India Private Limited | •••• | •••• | •••• | •••• | 96 | East Delhi, Delhi, India |
| Enable Professional Services Private Limited | •••• | •••• | •••• | •••• | 121 | New Delhi, Delhi, India |
| Offshoot Agency Private Limited | •••• | •••• | •••• | •••• | 519 | New Delhi, Delhi, India |
| Surekleen Services Private Limited | •••• | •••• | •••• | •••• | - | Bardez, Goa, India |
Peers are the five companies nearest above and the five nearest below Design First Official by revenue in the Consumer Services industry (Professional Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Design First Official Private Limited
Design First Official Private Limited is audited by JMT & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JMT & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Uttam Daulatrao Shinde | Director | 21 Jun 2019 | 7 Years 3 Months | Current |
| Rupesh Uttam Shinde | Director | 21 Jun 2019 | 7 Years 3 Months | Current |
Ownership and Shareholding of Design First Official Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Design First Official Private Limited
Design First Official Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Design First Official Private Limited
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.
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 |
Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Design First Official Private Limited
Design First Official Private Limited has a workforce of 37 employees as of Oct 12, 2024.
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.
Name History of Design First Official Private Limited
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 |
News related to Design First Official Private Limited
Recent Activity on Design First Official Private Limited
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.
Credit Ratings, Litigation & Regulatory Alerts for Design First Official 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 Design First Official 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 Design First Official 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 Design First Official Private Limited
Design First Official has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCD3049A1Z1 | Maharashtra | Active | 21 Dec 2019 |
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 Design First Official 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 Design First Official Private Limited
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 reported revenue of ₹27.87 Cr for FY 2025 (up 400% YoY).
Design First Official has 2 current directors:
- Uttam Daulatrao Shinde - Director
- Rupesh Uttam Shinde - Director
Design First Official reported a net loss of ₹4.72 Cr (net margin -16.9%) and EBITDA of -₹3.58 Cr (EBITDA margin -12.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Design First Official is 201% over three years and 147% over five years. In the latest year (FY 2025) revenue rose 400%. CAGR is the steady yearly rate that links the first and the last year.
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 Osian's - Connoisseurs of Art Private Limited, Nav Durga Poly Creation Private Limited, Medrona Billing Services Private Limited, Astrotel Private Limited, Absolute Reports Private Limited and 5 more, all in the Consumer Services industry (Professional Services).
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.