First Credit Ites Private Limited Company Logo

First Credit Ites Private Limited - Company Profile

It is a information technology private limited company based in Thane, Maharashtra, India, established in 2010.

2010 | Thane, Maharashtra, India | Active
Last Updated:

About First Credit Ites Private Limited

First Credit Ites Private Limited, a active private limited company, was established on 11 March 2010 in Thane, Maharashtra, India. Engaging in it consulting & support services within the information and communication sector, it holds CIN: U93000MH2010PTC200783. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹1.00 Cr.

Formerly known as First Credit Ite Services Private Limited. It upholds a compliant status. Employing 32 professional, Its leadership includes Bharat Hariram Wadhwa (Director), Rajesh Nandlal Chhabria (Director). Past directors included Umesh Chetanram Ranglani, Fatima Anna Mcrae, Divya Harish Hegde. It holds ₹9.39 Cr open charges and ₹7.50 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Unit No 401, 4Th Floor, Nitco Biz Park, Plot No. C-19, Road No. 16U, Wagle Estate, Thane West, Thane, Maharashtra, 400604.

Company Details

  • CIN/LLPIN

    U93000MH2010PTC200783

  • Registration Number

    200783

  • Incorporation Date

    11 March 2010

  • Authorized Capital

    ₹2.00 Cr

  • Paid-Up Capital

    ₹1.00 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 15 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.39 Cr
  • Satisfied Charges ₹ 7.50 Cr
  • Revenue Growth 37.31%
  • Profit Growth -1.72%
  • Ebitda 29.65%
  • Net Worth 26.93%
  • Total Assets 27.74%
Company report

First Credit Ites Private Limited

Company Report FY 2025-2026

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

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

Current Directors

NameDesignationAppointment DateStatus
Bharat Hariram WadhwaDirector10 Sep 2011Current
Rajesh Nandlal ChhabriaDirector29 Sep 2012Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector15 Oct 2012Past
Pramod AbcsddDirector15 Sep 2011Past
Pramod AbcsddDirector31 Mar 2014Past
Pramod AbcsddDirector18 Aug 2018Past
Pramod AbcsddDirector15 Sep 2011Past

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Financial Performance of First Credit Ites.

First Credit Ites Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.31% increase. The company also saw a slight decrease in profitability, with a 1.72% decrease in profit. The company's net worth Soared by an impressive increase of 26.93%.

First Credit Ites revenue growth over time
First Credit Ites 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
37.31%
Revenue from Operations
39.86%
Total Assets
27.74%
Profit or Loss
-1.72%
Net Worth
26.93%
EBITDA
29.65%

What is the Ownership and Shareholding Structure of First Credit Ites?

In 2023, First Credit Ites had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹93,899,000.00

Satisfied Charges

₹75,000,000.00

Charges Breakdown by Lending Institutions

  • Others : 8.89 Cr
  • Hdfc Bank Limited : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
27 Feb 2025Others₹8.15 MOpen
24 Dec 2024Others₹7.00 CrOpen
31 Aug 2024Others₹1.08 CrOpen
07 Jan 2023Hdfc Bank Limited₹5.00 MOpen
21 Apr 2022Axis Bank Limited₹4.00 CrSatisfied

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How Many Employees Work at First Credit Ites?

First Credit Ites has a workforce of 32 employees as of Apr 07, 2024. 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 Credit Ites Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of First Credit Ites, 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 Credit Ites'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 Credit Ites

Recent Activity within the Organization

  • Charges

    A charge with Others amounted to Rs. 0.82 Cr with Charge ID 101060520 was registered on 27 Feb 2025. was recorded as a recent event.

  • Charges

    The activity A charge registered on 21 Apr 2022 via Charge ID 100570184 with Axis Bank Limited was fully satisfied on 14 Jan 2025. was completed.

  • Charges

    A charge with Others amounted to Rs. 7.00 Cr with Charge ID 101028156 was registered on 24 Dec 2024. was recorded as a recent event.

  • Annual General Meeting

    First Credit Ites Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Charges

    Progress on A charge with Others amounted to Rs. 1.08 Cr with Charge ID 100971034 was registered on 31 Aug 2024. was documented.

  • Charges

    Progress on A charge with Axis Bank Limited of Rs. 4.00 Cr registered on 21 Apr 2022 with Charge ID 100570184 was modified on 18 May 2024. was documented.

Frequently Asked Questions

  • What is the CIN of First Credit Ites Private Limited?

    The CIN of First Credit Ites Private Limited is U93000MH2010PTC200783.

  • Where is First Credit Ites Private Limited headquartered?

    First Credit Ites Private Limited is headquartered at Unit No 401, 4Th Floor, Nitco Biz Park, Plot No. C-19, Road No. 16U, Wagle Estate, Thane West, Thane, Maharashtra, 400604.

  • When was First Credit Ites Private Limited incorporated?

    First Credit Ites Private Limited was incorporated on 11 March 2010.

  • Who are the current directors of First Credit Ites Private Limited?

    The current directors of First Credit Ites Private Limited are

  • What is the primary industry of First Credit Ites Private Limited?

    The primary industry of First Credit Ites Private Limited is Information And Communication.

  • Is First Credit Ites Private Limited a listed company?

    First Credit Ites Private Limited is unlisted.

  • What is the capital structure of First Credit Ites Private Limited?

    The authorized capital of First Credit Ites Private Limited is ₹2.00 Cr, and the paid-up capital is ₹1.00 Cr.

  • What is the compliance status of First Credit Ites Private Limited?

    The compliance status of First Credit Ites Private Limited is Compliant.

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