About First Advantage Private Limited
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First Advantage Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of First Advantage Pte Ltd. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 02 July 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85110MH2001PTC132569. Its GSTIN is 27AAACQ0706E1ZX (Maharashtra). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹9.75 Lakh. It was formerly known as Quest Screening Services Private Limited and First Advantage Quest Research Private Limited. It is led by directors including Vijay Govind Vaswani and Anselm Jude Pinto.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹179.79 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹54.71 Cr (net margin 30.4%) and EBITDA of ₹54.96 Cr (EBITDA margin 30.6%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 2% over five years.
The company has about 1,073 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: First Advantage. As per MCA filings, the company has satisfied charges of ₹2.11 Cr on record. Court records list 10 cases involving the company, including 5 filed by the company and 5 filed against it; 2 cases are pending. The company has 3 deals on record (3 secondary share transfers); the latest was in May 2013. The company has 12 MSME Form 1 returns on record between 2019 and 2023, listing 195 overdue payments to 29 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fadv.com.
Company details
Name history
First Advantage has undergone 2 name changes throughout its history. The company was previously known as Quest Screening Services Private Limited, and First Advantage Quest Research Private Limited. The current legal name is First Advantage Private Limited.
| Company Name | Status |
|---|---|
| First Advantage Private Limited | Current |
| Quest Screening Services Private Limited | Previous |
| First Advantage Quest Research Private Limited | Previous |
Contact details
First Advantage Private Limited's registered office is in Mumbai, Maharashtra. Its website is fadv.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressC/O Redbrick Offices Limited 12th Floor Suite No. 002, Oberoi Commerz 1 Oberoi Garden City, Mumbai, Maharashtra, India – 400063
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of First Advantage 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
First Advantage operates one associated brand: First Advantage. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Background checks and screening services are provided for businesses. | fadv.com |
Business activity
The main business activity of First Advantage 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 First Advantage Private Limited, buy the company report.
Financials of First Advantage Private Limited
FY 2024 filings availableFirst Advantage Private Limited reported revenue of ₹179.79 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 6% growth in the latest year. EBITDA rose 39% 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 | ₹54.96 Cr | ||||
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| Net Profit (PAT) | ₹54.71 Cr | ||||
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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 | 30.6% | ||||
| Net Profit Margin | 30.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of First Advantage Private Limited, buy the company report.
Board of directors of First Advantage Private Limited
First Advantage has 3 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Govind Vaswani | Director | 16 Jun 2014 | 12 Years 4 Months | Current |
| Anselm Jude Pinto | Director | 15 Jul 2019 | 7 Years 3 Months | Current |
| Bret Thomas Jardine | Director | 22 Aug 2008 | 18 Years 2 Months | Current |
Auditor
First Advantage Private Limited is audited by Singhvi Dev & Unni LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Singhvi Dev & Unni LLP | FY 2022 | 003867S / LLPIN: AAP - 3305 |
Shareholding
The shareholding of First Advantage 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 First Advantage Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Feb 2019 | 100253601 | Others | ₹1 Cr | Satisfied | |
| 26 Feb 2016 | 100046424 | Axis Bank Limited | ₹1 Cr | Satisfied | |
| 11 Sep 2004 | 90148867 | Icici Bank Ltd. | ₹4.66 Lakh | Satisfied | |
| 15 Jul 2004 | 90148789 | Icici Bank Ltd. | ₹6.7 Lakh | Satisfied | |
| 07 Jan 2004 | 90148539 | Uti Bank Ltd. | ₹- | Satisfied |
To see the full charge records of First Advantage Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
First Advantage Private Limited has 3 deals on record (3 secondary share transfers); the latest was in May 2013.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2013 | Secondary share transfer | Undisclosed | Seller: First Advantage Pte Limited |
| Mar 2012 | Secondary share transfer | Undisclosed | Seller: First Advantage Pte Limited |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: First Advantage Pte Limited Seller: First Advantage Quest Research Limited BVI |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
First Advantage Private Limited has 10 court cases on record: 5 filed by First Advantage, 5 filed against it. 2 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 3 | 2 |
| District courts | 3 | 2 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Adventity BPO India Pvt Ltd | Disposed |
| Bombay High Court | Court case (SS) | Filed by the company against Adventity BPO India Pvt. Ltd. | Disposed |
| High Court | Interim or miscellaneous application | Filed against the company by Assistant Commissioner of Income Tax Circle 4 2 1 | Pending |
| Bombay High Court | Court case (LPETN) | Filed by the company against Advenity BPO India Pvt Ltd. | Pending |
| District court, BENGALURU, Karnataka | Revision petition | Filed against the company by an individual | Disposed |
To see the full case history of First Advantage Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
First Advantage Private Limited has 12 MSME Form 1 returns on record between 2019 and 2023, listing 195 overdue payments to 29 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 (5 of 29)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Everon Professional Services Private Limited | |||
| Triaja IT Services Private Limited | |||
| Safetynet Consultants Private Limited | |||
| Viotal Informatics Private Limited |
To see the full MSME payment records of First Advantage Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
First Advantage Private Limited has a workforce of 1,073 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
First Advantage has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACQ0706E1ZX | Maharashtra | Active | 01 Jul 2017 |
| 06AAACQ0706E1Z1 | Haryana | Active | 01 Jul 2017 |
| 29AAACQ0706E1ZT | Karnataka | Active | 01 Jul 2017 |
| 33AAACQ0706E1Z4 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of First Advantage Private Limited, buy the company report.
Recent activity
First Advantage Private Limited has 20 board changes on record since 2007: 3 appointments and 17 cessations. The latest: Vivek Khanna ceased to be Director on 03 Oct 2019.
21 earlier events are in the company report.
News
Frequently asked questions
First Advantage is an active private limited company based in Mumbai, Maharashtra, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 02 July 2001 (25+ years old) and is registered under CIN U85110MH2001PTC132569.
First Advantage has 3 current directors:
- Vijay Govind Vaswani - Director
- Anselm Jude Pinto - Director
- Bret Thomas Jardine - Director
The latest financial statements of First Advantage 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 First Advantage is 27AAACQ0706E1ZX, registered in Maharashtra. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 06AAACQ0706E1Z1 (Haryana), 29AAACQ0706E1ZT (Karnataka), 33AAACQ0706E1Z4 (Tamil Nadu).
The CIN (Corporate Identification Number) of First Advantage is U85110MH2001PTC132569. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
First Advantage has 10 court cases on record: 5 filed by the company and 5 filed against it. 2 are pending. Most are in the high courts.
First Advantage was incorporated on 02 July 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.
First Advantage has 3 deals on record (3 secondary share transfers); the latest was in May 2013.
Vivek Khanna ceased to be Director on 03 Oct 2019. Anselm Jude Pinto ceased to be Additional Director on 17 Jul 2019. Anselm Jude Pinto was appointed as Director on 15 Jul 2019. First Advantage has 20 board changes on record in total.
First Advantage has 12 MSME Form 1 returns on record between 2019 and 2023, listing 195 overdue payments to 29 micro and small suppliers. The latest return was filed on 16 Dec 2023.
First Advantage can be reached through the website fadv.com. Its registered office is in Mumbai, Maharashtra, India.