First Circle Financial Services Limited
About First Circle Financial Services Limited
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First Circle Financial Services Limited is a public limited company based in New Delhi, Delhi, India. It operates in the advisory services segment of the financial services sector. It was incorporated on 14 June 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U65993DL1992PLC049235. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹8 Lakh. It is led by directors including Praketa Luthra and Manoj Padmanabhan Pallappasseril.
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 Lgf A – 16/4, Vasant Vihar, New Delhi, Delhi, India – 110057.
As per the financials filed for FY 2025, the company reported a revenue of ₹77.86 Lakh, a growth of 41% compared to the previous year. For the same year it recorded a net profit of ₹32.14 Lakh (net margin 41.3%) and EBITDA of ₹32.47 Lakh (EBITDA margin 41.7%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 6% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹25.48 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
First Circle Financial Services Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressLgf A – 16/4, Vasant Vihar, New Delhi, Delhi, India – 110057
- IndustryFinancial Services, Advisory, Financial Brokerage, Consultancy
To see the full contact details of First Circle Financial Services 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 Circle 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 First Circle Financial Services Limited, buy the company report.
Financials of First Circle Financial Services Limited
FY 2025 filings availableFirst Circle Financial Services Limited reported revenue of ₹77.86 Lakh (up 41% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 41% growth in the latest year. EBITDA rose 400% 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 | ₹32.47 Lakh | ||||
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| Net Profit (PAT) | ₹32.14 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 41.7% | ||||
| Net Profit Margin | 41.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of First Circle Financial Services Limited, buy the company report.
Board of directors of First Circle Financial Services Limited
First Circle Financial Services has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Praketa Luthra | Director | 01 Nov 2019 | 6 Years 11 Months | Current |
| Manoj Padmanabhan Pallappasseril | Director | 06 May 2016 | 10 Years 5 Months | Current |
| Dharmender Khatri Also directs: Hum United Services LLP | Director | 05 Jan 2022 | 4 Years 9 Months | Current |
Peer comparison
First Circle Financial Services Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| VKJ Consultants Private Limited | ₹78.15 Lakh (FY 2025) | 14.0% | New Delhi, Delhi, India | |||
| Sur Management Services Private Limited | ₹78.11 Lakh (FY 2024) | 285.0% | Ahmedabad, Gujarat, India | |||
| Semtofin Consultancy Services Private Limited | ₹78.02 Lakh (FY 2024) | 59.0% | Bangalore, Karnataka, India | |||
| BNJ Consultancy Private Limited | ₹78 Lakh (FY 2025) | 605.0% | Delhi, India | |||
| Mecklai and Mecklal Financial Consultants Private Limited | ₹77.95 Lakh (FY 2017) | 34933.0% | Mumbai, Maharashtra, India | |||
| First Circle Financial Services Limitedthis company | ₹77.86 Lakh (FY 2025) | ₹32.14 Lakh | 41.3% | 41.0% | 2 | New Delhi, Delhi, India |
| Bfi Factoring Services Private Limited | ₹77.84 Lakh (FY 2025) | -26.0% | Coimbatore, Tamil Nadu, India | |||
| Neeti Sales Company Private Limited | ₹77.84 Lakh (FY 2025) | 10.0% | Meerut, Uttar Pradesh, India | |||
| Jiniu Advisors Private Limited | ₹77.81 Lakh (FY 2025) | -48.0% | Kolkata, West Bengal, India | |||
| Twenty First Century Traders Private Limited | ₹77.62 Lakh (FY 2025) | 897.0% | New Delhi, Delhi, India | |||
| Fortwise Capital Private Limited | ₹77.49 Lakh (FY 2024) | -82.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of First Circle Financial Services Limited, buy the company report.
Auditor
First Circle Financial Services Limited is audited by MANOJ CHHABRA & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANOJ CHHABRA & CO. | FY 2017 | 013440N |
Shareholding
The shareholding of First Circle Financial Services Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of First Circle Financial Services Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 2015 | 10578705 | Hdfc Bank Limited | ₹25.48 Lakh | Satisfied |
To see the full charge records of First Circle Financial Services Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
First Circle Financial Services Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Court case (TRAFFIC CHALLAN) | Filed against the company by State | Pending |
| District court, New Delhi, Delhi | Court case (TRAFFIC CHALLAN) | Filed against the company by State | Disposed |
To see the full case history of First Circle Financial Services 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 Circle Financial Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
First Circle Financial Services Limited has a workforce of 2 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
First Circle Financial Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of First Circle Financial Services Limited, buy the company report.
Recent activity
First Circle Financial Services Limited has 12 board changes on record since 2008: 3 appointments and 9 cessations. The latest: Dharmender Khatri ceased to be Additional Director on 30 Sep 2022.
5 earlier events are in the company report.
Frequently asked questions
First Circle Financial Services is an active public limited company based in New Delhi, Delhi, India. The company works in advisory, within the financial services industry. It was incorporated on 14 June 1992 (34+ years old) and is registered under CIN U65993DL1992PLC049235.
First Circle Financial Services has 3 current directors:
- Praketa Luthra - Director
- Manoj Padmanabhan Pallappasseril - Director
- Dharmender Khatri - Director
The latest financial statements of First Circle Financial Services 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.
No. First Circle Financial Services has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of First Circle Financial Services is U65993DL1992PLC049235. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
First Circle Financial Services has 2 court cases on record: 2 filed against it. 1 is pending.
First Circle Financial Services was incorporated on 14 June 1992, making it 34+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of First Circle Financial Services by revenue are VKJ Consultants Private Limited, Sur Management Services Private Limited, Semtofin Consultancy Services Private Limited, BNJ Consultancy Private Limited, Mecklai and Mecklal Financial Consultants Private Limited and 5 more, all in the same principal business activity (financial advisory, brokerage and consultancy services).
Dharmender Khatri ceased to be Additional Director on 30 Sep 2022. Dharmender Khatri was appointed as Director on 05 Jan 2022. Shashi Kant Prasad ceased to be Director on 05 Jan 2022. First Circle Financial Services has 12 board changes on record in total.
The registered office of First Circle Financial Services is at Lgf A – 164, Vasant Vihar, New Delhi, Delhi, India – 110057.
First Circle Financial Services operates in the financial services industry, in the advisory segment.