First Fintec Limited - Company Profile

It is a education public limited company based in Mumbai, Maharashtra, India, established in 2000.
2000 Mumbai, Maharashtra, India Active
Last Updated:
About First Fintec Limited

First Fintec Limited, a active public limited company, was established on 03 March 2000 in Mumbai, Maharashtra, India. Engaging in edtech solutions within the education sector, it holds CIN: L72200MH2000PLC239534. Registered under ROC Roc Mumbai. it is listed on BSE: 532379. It has an authorized capital of ₹25.00 Cr and a paid-up capital of ₹10.40 Cr.

Formerly known as Iqms Software Limited. It upholds a compliant status. In 2023, it reported revenue of ₹5.83 Cr and a net worth of ₹10.84 Cr. Its leadership includes Vemparala Sitarama Sastry (Director), Leena Vivek Hebbar (Director), Rajan Vasudevan Pillai (Director). Past directors included Ajaykumar Ramnayan Vishwakarma, Ramnath Raghu Rama Rao Puvvada, Vemparala Sitarama Sastry. It holds ₹1.30 Cr open charges and no settled loans. Its latest AGM occurred on 29 September 2025, with the balance sheet filed on 31 March 2025. It is based at 304, Shiv Ashish Complex, 19Th Road,, Pearl Hotel, Chembur,, Mumbai, Maharashtra, 400071.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    L72200MH2000PLC239534

  • Registration Number

    239534

  • Incorporation Date

    03 March 2000

  • Authorized Capital

    ₹25.00 Cr

  • Paid-Up Capital

    ₹10.40 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Listed (BSE: 532379)

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 10.40 Cr
  • Company Age 25 Year, 11 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 1.30 Cr
  • Revenue Growth **** 657.59%
  • Profit Growth **** 51.17%
  • Ebitda **** 164.71%
  • Net Worth -13.22%
  • Total Assets -11.89%
Company report

First Fintec Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into First Fintec 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 Fintec Limited?
Current Directors
Name Designation Appointment Date Status
Vemparala Sitarama Sastry Director 30 Aug 2024 Current
Leena Vivek Hebbar Director 30 Mar 2015 Current
Rajan Vasudevan Pillai Director 22 Nov 2012 Current
Abhishek Waman Kotulkar Director 30 Aug 2024 Current
Urrinkala Saritha Director 29 Aug 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Company Secretary 15 May 2023 Past
Pramod Abcsdd Director 22 Nov 2012 Past
Pramod Abcsdd Director 22 Dec 2012 Past
Pramod Abcsdd Director 08 Apr 2022 Past
Pramod Abcsdd Manager - Past
Pramod Abcsdd Manager - Past

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Financial Performance of First Fintec.

First Fintec Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 657.59% increase. The company also saw a substantial improvement in profitability, with a 51.17% increase in profit. The company's net worth observed a substantial decline by a decrease of 13.22%.

First Fintec revenue growth over time
First Fintec profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

  • 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
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657.59%
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Revenue from Operations
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827.41%
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*******
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Total Assets
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-11.89%
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*******
*******
Profit or Loss
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51.17%
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Net Worth
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-13.22%
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*******
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EBITDA
*******
164.71%
*******
*******
*******
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What is the Ownership and Shareholding Structure of First Fintec?

In 2022, First Fintec had a promoter holding of 50.04% and a public holding of 49.96%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹13,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Bank Of Madura Limited : 1.30 Cr
Latest Charge Details
Date Lender Amount Status
26 Sep 2000 Bank Of Madura Limited ₹1.30 Cr Open

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How Many Employees Work at First Fintec?

Unlock and access historical data on people associated with First Fintec, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of First Fintec, 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 Fintec'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.

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Latest Updates, News, and FAQs on First Fintec
Recent Activity within the Organization
  • Annual General Meeting

    First Fintec Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    Progress on Urrinkala Saritha was appointed as a Director was appointed as a Director on 29 Aug 2025 & has been associated with this company since 5 months 21 days . was documented.

  • Balance Sheet

    First Fintec Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was recorded as a recent event.

  • Director Appointment

    Progress on Deepshikha Agrawal was appointed as a Company Secretary was appointed as a Company Secretary on 11 Feb 2025 & has been associated with this company since 1 year 6 days . was documented.

  • Director Appointment

    The activity Vemparala Sitarama Sastry was appointed as a Director was appointed as a Director on 30 Aug 2024 & has been associated with this company since 1 year 5 months . was completed.

  • Director Appointment

    The activity Abhishek Waman Kotulkar was appointed as a Director was appointed as a Director on 30 Aug 2024 & has been associated with this company since 1 year 5 months . was completed.

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Frequently Asked Questions
What is the CIN of First Fintec Limited?

The CIN of First Fintec Limited is L72200MH2000PLC239534.

Where is First Fintec Limited headquartered?

First Fintec Limited is headquartered at 304, Shiv Ashish Complex, 19Th Road,, Pearl Hotel, Chembur,, Mumbai, Maharashtra, 400071.

When was First Fintec Limited incorporated?

First Fintec Limited was incorporated on 03 March 2000.

Who are the current directors of First Fintec Limited?

The current directors of First Fintec Limited are

What is the primary industry of First Fintec Limited?

The primary industry of First Fintec Limited is Education.

Is First Fintec Limited a listed company?

First Fintec Limited is listed. It is listed on BSE: 532379.

What is the capital structure of First Fintec Limited?

The authorized capital of First Fintec Limited is ₹25.00 Cr, and the paid-up capital is ₹10.40 Cr.

What is the compliance status of First Fintec Limited?

The compliance status of First Fintec Limited is Compliant.

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