First Aryco India Private Limited
About First Aryco India Private Limited
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First Aryco India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 10 January 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1997PTC021630. Its GSTIN is 29AAACF2560P1Z9 (Karnataka).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It was formerly known as First Aryco India Limited. It is led by directors including Gurpur Gopalakrishna Shenoy and Neethi Shenoy.
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 230 2 Floor 15th Cross Sampigeroad Maleswarm Bangalore Road Maleswarm, Karnataka, India – 560003.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.54 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹4.94 Cr (net margin 75.4%) and EBITDA of ₹5.67 Cr (EBITDA margin 86.7%). Revenue has grown at a compounded annual rate (CAGR) of 142% over five years.
As per MCA filings, the company has satisfied charges of ₹6.55 Cr on record. Court records list 12 cases involving the company, including 3 filed by the company and 9 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
First Aryco India has one previous CIN (Corporate Identification Number): U85110KA1997PLC021630. The current CIN is U85110KA1997PTC021630, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1997PTC021630 | Current |
| U85110KA1997PLC021630 | Previous |
Contact details
First Aryco India Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address230 2 Floor 15th Cross Sampigeroad Maleswarm Bangalore Road Maleswarm, Karnataka, India – 560003
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of First Aryco India 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
Business activity
The main business activity of First Aryco India is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
Financials of First Aryco India Private Limited
FY 2025 filings availableFirst Aryco India Private Limited reported revenue of ₹6.54 Cr (up 4867% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 142% over five years. 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 | ₹5.67 Cr | ||||
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| Net Profit (PAT) | ₹4.94 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 86.7% | ||||
| Net Profit Margin | 75.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of First Aryco India Private Limited, buy the company report.
Board of directors of First Aryco India Private Limited
First Aryco India has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neethi Shenoy | Additional Director | 06 Jan 2025 | 1 Years 9 Months | Current |
| Gurpur Gopalakrishna Shenoy Also directs: GSB Startup Angels LLP, Tidal Beach Resorts Private Limited, Ire-Tex Premier India Private Limited and 1 more | Director | 10 Jan 1997 | 29 Years 9 Months | Current |
| Nikhil Shenoy Also directs: Premier Holiday Homes & Resorts (India) Private Limited | Additional Director | 06 Jan 2025 | 1 Years 9 Months | Current |
Auditor
First Aryco India Private Limited is audited by SVC & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SVC & CO. | FY 2023 | 012403S |
Shareholding
The shareholding of First Aryco India 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 Aryco India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jun 2014 | 10511993 | Bank of India | ₹6.25 Cr | Satisfied | |
| 14 Aug 1998 | 90197410 | Bank of India | ₹15 Lakh | Satisfied | |
| 14 Aug 1998 | 90199128 | Bank of India | ₹15 Lakh | Satisfied |
To see the full charge records of First Aryco India Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
First Aryco India Private Limited has 12 court cases on record: 3 filed by First Aryco India, 9 filed against it. 2 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 8 | 2 |
| High courts | 2 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (A.S.) | Filed against the company by Ballarpur Industries Limited | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.A.S.) | Filed against the company by Ballarpur Industries Limited | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against Ballarpur Industries Limited and 1 other | Disposed |
| High Court, HARYANA | Criminal miscellaneous application | Filed by the company against Ballarpur Industries Ltd and Anr | Disposed |
| District court, Gurugram, Haryana | Court case (COMI) | Filed against the company by Ballarpur Industries Ltd. | Disposed |
To see the full case history of First Aryco India 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
No delayed payments to MSME suppliers are on our record for First Aryco India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
First Aryco India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACF2560P1Z9 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of First Aryco India Private Limited, buy the company report.
Recent activity
First Aryco India Private Limited has 6 board changes on record since 1997: 4 appointments and 2 cessations. The latest: Neena Shenoy ceased to be Director on 06 Jan 2025.
3 earlier events are in the company report.
Frequently asked questions
First Aryco India is an active private limited company based in Bangalore, Karnataka, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 10 January 1997 (29+ years old) and is registered under CIN U85110KA1997PTC021630.
First Aryco India has 3 current directors:
- Neethi Shenoy - Additional Director
- Gurpur Gopalakrishna Shenoy - Director
- Nikhil Shenoy - Additional Director
The latest financial statements of First Aryco India 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 2015 are in the company report.
The GSTIN of First Aryco India is 29AAACF2560P1Z9, registered in Karnataka.
The CIN (Corporate Identification Number) of First Aryco India is U85110KA1997PTC021630. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
First Aryco India has 12 court cases on record: 3 filed by the company and 9 filed against it. 2 are pending. Most are in the district courts.
First Aryco India was incorporated on 10 January 1997, making it 29+ years old. It is registered with the Registrar of Companies, Bangalore.
Neena Shenoy ceased to be Director on 06 Jan 2025. Neethi Shenoy was appointed as Additional Director on 06 Jan 2025. Nikhil Shenoy was appointed as Additional Director on 06 Jan 2025. First Aryco India has 6 board changes on record in total.
The registered office of First Aryco India is at 230 2 Floor 15th Cross Sampigeroad Maleswarm Bangalore Road Maleswarm, Karnataka, India – 560003.
First Aryco India operates in the travel and hospitality industry, in the consumer professional services segment.