First Cars Private Limited Company Logo

First Cars Private Limited - Company Profile

It is a transport and logistics private limited company based in Mumbai, Maharashtra, India, established in 2008.

2008 | Mumbai, Maharashtra, India | Active
Last Updated:

About First Cars Private Limited

First Cars Private Limited, a active private limited company, was established on 31 May 2008 in Mumbai, Maharashtra, India. Engaging in ride-hailing services within the support service to organizations sector, it holds CIN: U63040MH2008PTC182955. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹2.50 M and a paid-up capital of ₹2.25 M.

Formerly known as Ct Travel Solutions Private Limited. It upholds a compliant status. Employing 87 professional, Its leadership includes Vikas Satyadeo Banka (Director), Amit Omprakash Hiremath (Director). Past directors included Ashutosh Sudhir Chitnis, Sudhir Anant Chitnis. It holds ₹22.48 Cr open charges and ₹17.06 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 302, Balaji Business Centre, Ram Milan Chs, Subhas Road,Vile Parle (East), Mumbai, Maharashtra, 400057.

Company Details

  • CIN/LLPIN

    U63040MH2008PTC182955

  • Registration Number

    182955

  • Incorporation Date

    31 May 2008

  • Authorized Capital

    ₹2.50 M

  • Paid-Up Capital

    ₹2.25 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.25 M
  • Company Age 17 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 22.48 Cr
  • Satisfied Charges ₹ 17.06 Cr
  • Revenue Growth 15.61%
  • Profit Growth 44.73%
  • Ebitda 2.49%
  • Net Worth 65.54%
  • Total Assets -2.06%
Company report

First Cars Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into First Cars Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report Banner Element

Who are the key members and board of directors at First Cars Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Vikas Satyadeo BankaDirector20 Dec 2008Current
Amit Omprakash HiremathDirector31 May 2008Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector04 May 2023Past
Pramod AbcsddDirector01 Mar 2010Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of First Cars.

First Cars Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 15.61% increase. The company also saw a substantial improvement in profitability, with a 44.73% increase in profit. The company's net worth Soared by an impressive increase of 65.54%.

First Cars revenue growth over time
First Cars profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
15.61%
Revenue from Operations
15.66%
Total Assets
-2.06%
Profit or Loss
44.73%
Net Worth
65.54%
EBITDA
2.49%

What is the Ownership and Shareholding Structure of First Cars?

In 2024, First Cars had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)

Open Charges

₹224,760,000.00

Satisfied Charges

₹170,570,000.00

Charges Breakdown by Lending Institutions

  • Others : 8.80 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 5.55 Cr
  • Bank Of India : 4.14 Cr
  • Axis Bank Limited : 2.10 Cr
  • Yes Bank Limited : 1.89 Cr

Latest Charge Details

DateLenderAmountStatus
11 Aug 2025Others₹5.11 CrOpen
27 Mar 2025Axis Bank Limited₹2.50 MOpen
25 Mar 2025Axis Bank Limited₹2.50 MOpen
24 Mar 2025Axis Bank Limited₹2.50 MOpen
20 Mar 2025Axis Bank Limited₹2.50 MOpen

Explore comprehensive loan charge details -

How Many Employees Work at First Cars?

First Cars has a workforce of 87 employees as of Sep 14, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for First Cars Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of First Cars, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped First Cars's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on First Cars

Recent Activity within the Organization

  • Charges

    Progress on A charge with Others of Rs. 51.10 M registered on 11 Aug 2025 with Charge ID 101145574 was modified on 27 Oct 2025. was documented.

  • Charges

    The activity A charge with Others amounted to Rs. 51.10 M with Charge ID 101145574 was registered on 11 Aug 2025. was completed.

  • Charges

    The activity A charge with Axis Bank Limited amounted to Rs. 2.50 M with Charge ID 101076518 was registered on 27 Mar 2025. was completed.

  • Charges

    Progress on A charge with Axis Bank Limited amounted to Rs. 2.50 M with Charge ID 101075544 was registered on 25 Mar 2025. was documented.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 2.50 M with Charge ID 101075543 was registered on 24 Mar 2025. was recorded as a recent event.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 2.50 M with Charge ID 101075542 was registered on 20 Mar 2025. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of First Cars Private Limited?

    The CIN of First Cars Private Limited is U63040MH2008PTC182955.

  • Where is First Cars Private Limited headquartered?

    First Cars Private Limited is headquartered at 302, Balaji Business Centre, Ram Milan Chs, Subhas Road,Vile Parle (East), Mumbai, Maharashtra, 400057.

  • When was First Cars Private Limited incorporated?

    First Cars Private Limited was incorporated on 31 May 2008.

  • Who are the current directors of First Cars Private Limited?

    The current directors of First Cars Private Limited are

  • What is the primary industry of First Cars Private Limited?

    The primary industry of First Cars Private Limited is Support Service To Organizations.

  • Is First Cars Private Limited a listed company?

    First Cars Private Limited is unlisted.

  • What is the capital structure of First Cars Private Limited?

    The authorized capital of First Cars Private Limited is ₹2.50 M, and the paid-up capital is ₹2.25 M.

  • What is the compliance status of First Cars Private Limited?

    The compliance status of First Cars Private Limited is Compliant.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial