
About The First Custodian Fund (India) Ltd
Data last updated:
The First Custodian Fund (India) Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 07 May 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN L67120WB1985PLC038900. Its GSTIN is 27AABCT2088F1ZC (Maharashtra). It is a listed company as per MCA records. Its shares are listed on BSE: 511122.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors including Giriraj Kumar Dammani (Managing Director) and Manish Rajendra Banthia (Whole-Time Director).
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 11 Camac Street, Kolkata, West Bengal, India – 700017.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹47 Lakh, a decline of 84.6% compared to the previous year. For the same year it recorded a net loss of ₹27 Lakh (net margin -57.4%) and EBITDA of -₹14 Lakh (EBITDA margin -29.8%). The net worth stands at ₹15.08 Cr (down 2.7% YoY). Total assets are valued at ₹15.1 Cr (down 3% YoY).
Court records list 10 cases involving the company, including 3 filed by the company and 7 filed against it; 5 cases are pending. The company has 6 deals on record (6 market trades); the latest was in August 2021.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website firstcustodianfund.com.
Company details
CIN history
The First Custodian Fund (India) has one previous CIN (Corporate Identification Number): U67120WB1985PLC038900. The current CIN is L67120WB1985PLC038900, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L67120WB1985PLC038900 | Current |
| U67120WB1985PLC038900 | Previous |
Contact details
The First Custodian Fund (India) Ltd's registered office is in Kolkata, West Bengal. Its website is firstcustodianfund.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address11 Camac Street, Kolkata, West Bengal, India – 700017
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of The First Custodian Fund (India) Ltd, 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 The First Custodian Fund (India) is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services and other financial activities. 2 activity segments are registered with the MCA.
| 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 | |
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of The First Custodian Fund (India) Ltd, buy the company report.
Financials of The First Custodian Fund (India) Ltd
FY 2025-26 filings availableThe First Custodian Fund (India) Ltd reported revenue of ₹47 Lakh (down 84.6% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 0.47 | 3.05 | 2.74 | 1.18 | 1.86 | 0.69 | 0.64 |
| Revenue growth | -84.6% | +11.3% | +132.2% | -36.6% | +169.6% | +7.8% | - |
| EBITDA | (0.14) | 2.31 | 2.19 | 0.74 | 1.44 | 0.34 | 0.31 |
| EBITDA margin | -29.8% | +75.7% | +79.9% | +62.7% | +77.4% | +49.3% | +48.4% |
| Profit before tax | (0.26) | 2.19 | 1.96 | 0.54 | 1.29 | 0.24 | 0.19 |
| Net profit | (0.27) | 1.73 | 1.57 | 0.43 | 0.99 | 0.15 | 0.13 |
| Net profit margin | -57.5% | +56.7% | +57.3% | +36.4% | +53.2% | +21.7% | +20.3% |
| EPS (₹) | (1.81) | 11.60 | 10.93 | 3.13 | 6.70 | 1.07 | 0.93 |
| Balance sheet | |||||||
| Total assets | 15.10 | 15.57 | 14.03 | 12.58 | 12.14 | 11.01 | 11.00 |
| Net worth | 15.08 | 15.50 | 13.91 | 12.42 | 11.95 | 10.95 | 10.79 |
| Total debt | 0.02 | 0.07 | 0.11 | 0.15 | 0.19 | 0.07 | 0.22 |
| Cash & bank | 2.70 | 2.67 | 5.13 | 5.29 | 5.93 | 8.06 | 9.93 |
| Net working capital | 4.21 | 4.11 | 6.68 | 8.16 | 7.81 | 7.82 | 7.71 |
| Cash flow | |||||||
| Cash from operations | (0.12) | 1.84 | 3.16 | (0.50) | (1.06) | (1.73) | 3.26 |
| Cash from investing | 0.36 | (4.11) | (3.13) | (0.10) | (1.19) | 0.01 | (0.17) |
| Cash from financing | (0.20) | (0.19) | (0.19) | (0.04) | 0.13 | (0.15) | (0.14) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.03 | 0.09 | 0.14 | 0.22 | (0.02) | 0.30 | 1.01 | 0.79 |
| Revenue growth (YoY) | +250.0% | -70.0% | -86.1% | -72.2% | -102.1% | - | - | - |
| Other income | 0.00 | 0.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total expenses | 0.11 | 0.14 | 0.15 | 0.17 | 0.16 | 0.25 | 0.20 | 0.11 |
| EBITDA | (0.08) | (0.05) | (0.01) | 0.05 | (0.18) | 0.05 | 0.81 | 0.68 |
| EBITDA margin | -800.0% | -500.0% | - | +500.0% | -1800.0% | +250.0% | +4050.0% | +1700.0% |
| Depreciation | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.02 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | (0.11) | (0.04) | (0.04) | 0.02 | (0.21) | 0.02 | 0.78 | 0.66 |
| Tax | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.18 | 0.16 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.03 | 0.09 | 0.14 | 0.22 | (0.02) | 0.30 | 1.01 | 0.79 |
| Revenue growth (YoY) | +250.0% | -70.0% | -86.1% | -72.2% | -102.1% | - | - | - |
| Other income | 0.00 | 0.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total expenses | 0.11 | 0.14 | 0.15 | 0.17 | 0.16 | 0.25 | 0.20 | 0.11 |
| EBITDA | (0.08) | (0.05) | (0.01) | 0.05 | (0.18) | 0.05 | 0.81 | 0.68 |
| EBITDA margin | -800.0% | -500.0% | - | +500.0% | -1800.0% | +250.0% | +4050.0% | +1700.0% |
| Depreciation | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.02 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | (0.11) | (0.04) | (0.04) | 0.02 | (0.21) | 0.02 | 0.78 | 0.66 |
| Tax | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.18 | 0.16 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 0.47 | 3.05 | 2.74 | 1.18 | 1.86 | 0.69 | 0.64 |
| Revenue growth | -84.6% | +11.3% | +132.2% | -36.6% | +169.6% | +7.8% | - |
| Other income | 0.00 | 0.00 | 0.07 | 0.04 | 0.00 | 0.00 | 0.00 |
| Total expenses | 0.61 | 0.74 | 0.55 | 0.44 | 0.42 | 0.35 | 0.33 |
| Employee cost | 0.21 | 0.21 | 0.20 | 0.17 | 0.17 | 0.15 | 0.14 |
| EBITDA | (0.14) | 2.31 | 2.19 | 0.74 | 1.44 | 0.34 | 0.31 |
| EBITDA margin | -29.8% | +75.7% | +79.9% | +62.7% | +77.4% | +49.3% | +48.4% |
| Depreciation | 0.11 | 0.11 | 0.10 | 0.10 | 0.09 | 0.07 | 0.09 |
| Interest | 0.01 | 0.01 | 0.20 | 0.14 | 0.06 | 0.03 | 0.03 |
| Profit before tax | (0.26) | 2.19 | 1.96 | 0.54 | 1.29 | 0.24 | 0.19 |
| Tax | 0.01 | 0.46 | 0.33 | 0.08 | 0.30 | 0.09 | 0.06 |
| Net profit | (0.27) | 1.73 | 1.57 | 0.43 | 0.99 | 0.15 | 0.13 |
| Net profit margin | -57.5% | +56.7% | +57.3% | +36.4% | +53.2% | +21.7% | +20.3% |
| EPS (₹) | (1.81) | 11.60 | 10.93 | 3.13 | 6.70 | 1.07 | 0.93 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 |
| Reserves & surplus | 13.58 | 14.00 | 12.41 | 10.92 | 10.45 | 9.45 | 9.29 |
| Shareholders' funds (net worth) | 15.08 | 15.50 | 13.91 | 12.42 | 11.95 | 10.95 | 10.79 |
| Secured loans | 0.02 | 0.07 | 0.11 | 0.15 | 0.19 | 0.07 | 0.22 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total debt | 0.02 | 0.07 | 0.11 | 0.15 | 0.19 | 0.07 | 0.22 |
| Total liabilities | 15.10 | 15.57 | 14.03 | 12.58 | 12.14 | 11.01 | 11.00 |
| Assets | |||||||
| Gross block | 1.74 | 1.72 | 1.69 | 1.68 | 1.68 | 1.43 | 1.52 |
| Net block | 0.25 | 0.34 | 0.42 | 0.51 | 0.61 | 0.45 | 0.56 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 10.59 | 11.08 | 6.89 | 3.86 | 3.17 | 1.78 | 1.91 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 0.82 | 0.90 | 0.85 | 3.15 | 3.43 | 1.02 | 0.87 |
| Cash & bank balances | 2.70 | 2.67 | 5.13 | 5.29 | 5.93 | 8.06 | 9.93 |
| Loans & advances | 0.78 | 1.07 | 1.06 | 0.79 | 0.75 | 0.78 | 0.77 |
| Total current assets | 4.30 | 4.64 | 7.04 | 9.23 | 10.11 | 9.86 | 11.57 |
| Total current liabilities | 0.09 | 0.53 | 0.36 | 1.07 | 2.30 | 2.04 | 3.86 |
| Net working capital | 4.21 | 4.11 | 6.68 | 8.16 | 7.81 | 7.82 | 7.71 |
| Total assets | 15.10 | 15.57 | 14.03 | 12.58 | 12.14 | 11.01 | 11.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 2.67 | 5.13 | 5.29 | 5.93 | 8.06 | 9.93 | 6.97 |
| Net cash from operating activities | (0.12) | 1.84 | 3.16 | (0.50) | (1.06) | (1.73) | 3.26 |
| Net cash from investing activities | 0.36 | (4.11) | (3.13) | (0.10) | (1.19) | 0.01 | (0.17) |
| Net cash from financing activities | (0.20) | (0.19) | (0.19) | (0.04) | 0.13 | (0.15) | (0.14) |
| Net change in cash | 0.04 | (2.46) | (0.16) | (0.64) | (2.12) | (1.87) | 2.96 |
| Closing cash | 2.70 | 2.67 | 5.13 | 5.29 | 5.93 | 8.06 | 9.93 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -84.6% | +11.3% | +132.2% | -36.6% | +169.6% | +7.8% | - |
| EBITDA growth | -106.1% | +5.5% | +196.0% | -48.6% | +323.5% | +9.7% | - |
| PBT growth | - | +11.7% | +263.0% | -58.1% | +437.5% | +26.3% | -40.6% |
| Net income growth | -115.6% | +10.2% | +265.1% | -56.6% | +560.0% | +15.4% | - |
| Revenue CAGR (3Y) | -26.4% | +17.9% | +58.4% | +22.6% | +49.2% | -13.1% | -1.5% |
| EBITDA CAGR (3Y) | - | +17.1% | +86.1% | +33.7% | +96.4% | -22.1% | -2.1% |
| Profitability & leverage | |||||||
| Net income margin | -57.5% | +56.7% | +59.5% | +39.0% | +53.2% | +21.7% | +20.3% |
| Return on capital employed | -1.6% | +14.9% | +16.3% | +5.6% | +11.7% | +2.5% | +2.1% |
| Return on net worth | -1.8% | +11.8% | +12.5% | +3.9% | +8.8% | +1.5% | +1.3% |
| Debt / equity | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.03 |
| Long-term debt / equity | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.03 |
| Interest cover | -4.00 | 0.45 | 9.57 | 21.88 | 4.44 | 11.11 | 13.64 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.27 | 1.79 | 1.67 | 0.73 | 1.20 | 0.47 | 0.42 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 0.55 | 3.49 | 1.41 | 0.37 | 0.84 | 0.73 | 0.75 |
| EPS (₹) | (1.81) | 11.60 | 10.93 | 3.13 | 6.70 | 1.07 | 0.93 |
| Dividend per share (₹) | 0.00 | 1.00 | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 100.53 | 103.34 | 92.75 | 82.81 | 79.69 | 72.98 | 71.92 |
To see the full year-wise statements and ratios of The First Custodian Fund (India) Ltd, buy the company report.
Board of directors of The First Custodian Fund (India) Ltd
The First Custodian Fund (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 |
|---|---|---|---|---|
| Giriraj Kumar Dammani Also directs: SKM Commodities Pvt Ltd, Sangharsh Finvest Private Limited, Mega Securities P.Ltd. and 1 more | Managing Director | 27 Aug 2016 | 10 Years 2 Months | Current |
| Surendra Banthia Also directs: Adiom Lifestyle Private Limited, Magnum Exports Pvt Ltd, Dhanluxmi Textiles Limited and 5 more | Director | 21 Aug 1995 | 31 Years 2 Months | Current |
| Manish Rajendra Banthia Also directs: Banthia Securities P Ltd, Harvestdeal Securities Limited, Mediafusions Outdoor (India) Private Limited and 3 more | Whole-Time Director | 27 Aug 2015 | 11 Years 2 Months | Current |
Auditor
The First Custodian Fund (India) Ltd is audited by Paresh D Shah & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Paresh D Shah & Co. | FY 2023 | 1075000W |
Shareholding
Shareholding for the quarter ended Mar 2026: promoters hold 52.60%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 47.40%.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | |
|---|---|---|---|---|
| Promoters | 52.60% | 52.60% | 52.60% | 52.60% |
| Public | 47.40% | 47.40% | 47.40% | 47.40% |
Deals & funding
The First Custodian Fund (India) Ltd has 6 deals on record (6 market trades); the latest was in August 2021.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2021 | Market trade | ₹7.6 Lakh | Buyer: an individual Seller: VSL Securities Private Limited |
| Oct 2016 | Market trade | ₹2.1 Lakh | Buyer: an individual Seller: an individual |
| Oct 2010 | Market trade | ₹12 Lakh | Buyer: 2 individuals Seller: 2 individuals |
| Oct 2010 | Market trade | ₹5.2 Lakh | Buyer: an individual Seller: an individual |
| Oct 2008 | Market trade | ₹10.9 Lakh | Buyer: Mansukh Securities And Finance Limited, an individual Seller: Mansukh Securities And Finance Limited, an individual |
To see the full deal history of The First Custodian Fund (India) Ltd, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
The First Custodian Fund (India) Ltd has 10 court cases on record: 3 filed by The First Custodian Fund (India), 7 filed against it. 5 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 4 | 3 |
| High courts | 4 | 3 | 2 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1429-Criminal Matters : Matters for/against quashing of criminal proceedings) | Filed by the company against Nedungadi Bank Ltd.. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI APPEAL) | Filed against the company | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI M A) | Filed against the company | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI BAIL APPLN) | Filed against the company | Pending |
| High Court | Court case (CFA) | Filed against the company by M/S G C Kothari R K Agrawal and 1 other | Pending |
To see the full case history of The First Custodian Fund (India) Ltd, 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 The First Custodian Fund (India) Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
The First Custodian Fund (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCT2088F1ZC | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of The First Custodian Fund (India) Ltd, buy the company report.
Recent activity
The First Custodian Fund (India) Ltd has 5 board changes on record since 1994: 4 appointments and 1 cessation. The latest: Giriraj Kumar Dammani was appointed as Managing Director on 27 Aug 2016.
Frequently asked questions
The First Custodian Fund (India) is an active public limited company based in Kolkata, West Bengal, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 07 May 1985 (41+ years old) and is registered under CIN L67120WB1985PLC038900. Listed on BSE: 511122.
The First Custodian Fund (India) reported revenue of ₹47 Lakh for FY 2025-26 (down 84.6% YoY) based on standalone financials.
The First Custodian Fund (India) has 3 current directors:
- Giriraj Kumar Dammani - Managing Director
- Manish Rajendra Banthia - Whole-Time Director
- Surendra Banthia - Director
The latest financial statements of The First Custodian Fund (India) on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of The First Custodian Fund (India) is 27AABCT2088F1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of The First Custodian Fund (India) is L67120WB1985PLC038900. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. The First Custodian Fund (India) is a listed company as per MCA records. Its shares are listed on BSE (code: 511122).
The First Custodian Fund (India) has 10 court cases on record: 3 filed by the company and 7 filed against it. 5 are pending. Most are in the district courts.
The First Custodian Fund (India) was incorporated on 07 May 1985, making it 41+ years old. It is registered with the Registrar of Companies, Kolkata.
The First Custodian Fund (India) has 6 deals on record (6 market trades); the latest was in August 2021.

