About Finfirst Financial Services Private Limited
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Finfirst Financial Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 19 December 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U67190KA2012PTC067331. Its GSTIN is 29AACCF1082E1ZV (Karnataka).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹11 Lakh. It was formerly known as Finfirst Capital Private Limited and Finfirst Private Limited. It is led by directors Swapna Mitra and Shashank Raghuvir Kothi.
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 is at 392 Ranka Heights 4th Main 7th Cross Domlur Layout, Bangalore, Karnataka, India – 560071.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.05 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹72.35 Lakh (net margin 23.7%) and EBITDA of ₹1.02 Cr (EBITDA margin 33.5%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 27% over five years.
The company is associated with 1 brand: FinFirst. The company has 1 deal on record (1 funding round), with disclosed funding of ₹10 Lakh; the latest was in June 2014.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website finfirst.in.
Company details
Name history
Finfirst Financial Services has undergone 3 name changes throughout its history. The company was previously known as Finfirst Capital Private Limited, Finfirst Private Limited, and Finfirst Capital Advisors Private Limited. The current legal name is Finfirst Financial Services Private Limited.
| Company Name | Status |
|---|---|
| Finfirst Financial Services Private Limited | Current |
| Finfirst Capital Private Limited | Previous |
| Finfirst Private Limited | Previous |
| Finfirst Capital Advisors Private Limited | Previous |
Contact details
Finfirst Financial Services Private Limited's registered office is in Bangalore, Karnataka. Its website is finfirst.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address392 Ranka Heights 4th Main 7th Cross Domlur Layout, Bangalore, Karnataka, India – 560071
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Finfirst Financial Services Private Limited, buy the company report.
- 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
Brands
Finfirst Financial Services operates one associated brand: FinFirst. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of financial advisory services | finfirst.in |
Business activity
The main business activity of Finfirst Financial Services is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Finfirst Financial Services Private Limited, buy the company report.
Financials of Finfirst Financial Services Private Limited
FY 2024 filings availableFinfirst Financial Services Private Limited reported revenue of ₹3.05 Cr (up 24% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 24% growth in the latest year. EBITDA rose 4% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.02 Cr | ||||
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| Net Profit (PAT) | ₹72.35 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 33.5% | ||||
| Net Profit Margin | 23.7% | ||||
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To see the full financial statements and ratios of Finfirst Financial Services Private Limited, buy the company report.
Board of directors of Finfirst Financial Services Private Limited
Finfirst Financial Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Swapna Mitra | Director | 19 Dec 2012 | 13 Years 10 Months | Current |
| Shashank Raghuvir Kothi | Director | 19 Dec 2012 | 13 Years 10 Months | Current |
Auditor
Finfirst Financial Services Private Limited is audited by Mohan Sridhar & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mohan Sridhar & Co | FY 2023 | 013857S |
Shareholding
The shareholding of Finfirst Financial Services 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Finfirst Financial Services Private Limited, buy the company report.
Deals & funding
Finfirst Financial Services Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹10 Lakh; the latest was in June 2014.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2014 | Funding round | ₹10 Lakh | Investors: an individual |
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 Finfirst Financial Services 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 Finfirst Financial Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Finfirst Financial Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCF1082E1ZV | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Finfirst Financial Services Private Limited, buy the company report.
Recent activity
Finfirst Financial Services Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Shashank Raghuvir Kothi was appointed as Director on 19 Dec 2012.
News
Frequently asked questions
Finfirst Financial Services is an active private limited company based in Bangalore, Karnataka, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 19 December 2012 (14+ years old) and is registered under CIN U67190KA2012PTC067331.
Finfirst Financial Services has 2 current directors:
- Swapna Mitra - Director
- Shashank Raghuvir Kothi - Director
The latest financial statements of Finfirst Financial Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Finfirst Financial Services is 29AACCF1082E1ZV, registered in Karnataka.
The CIN (Corporate Identification Number) of Finfirst Financial Services is U67190KA2012PTC067331. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Finfirst Financial Services was incorporated on 19 December 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
Finfirst Financial Services has 1 deal on record (1 funding round), with disclosed funding of ₹10 Lakh; the latest was in June 2014.
Shashank Raghuvir Kothi was appointed as Director on 19 Dec 2012. Swapna Mitra was appointed as Director on 19 Dec 2012.
Finfirst Financial Services can be reached through the website finfirst.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Finfirst Financial Services is at 392 Ranka Heights 4th Main 7th Cross Domlur Layout, Bangalore, Karnataka, India – 560071.
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