About First Fintec Limited
Data last updated: 03 January 2026
First Fintec Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in edtech solutions, a part of the broader education sector. Incorporated on 03 March 2000, the company has been in operation for over 26 years.
Registered with ROC Mumbai under CIN L72200MH2000PLC239534. Listed on BSE: 532379.
Capital: an authorised share capital of ₹25 Cr and a paid-up capital of ₹10.4 Cr. Formerly known as Iqms Software Limited. It is led by directors including Vemparala Sitarama Sastry and Leena Vivek Hebbar.
Last AGM: 29 September 2025. Financial statements filed for year ended 31 March 2025. Office: Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.22 Cr, a decline of 6% compared to the previous year.
The company is associated with 1 brand - Firstobject Technologies. As per MCA filings, the company has open charges of ₹1.3 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website firstobjectindia.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered Address304 Shiv Ashish Complex 19Th Road, Pearl Hotel Chembur, Mumbai, Maharashtra, India – 400071
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IndustryEducation, EdTech Solutions
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of First Fintec Limited
First Fintec Limited has one previous CIN (Corporate Identification Number): L72200AP2000PLC033775. The current CIN is L72200MH2000PLC239534, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L72200MH2000PLC239534 | Current |
| L72200AP2000PLC033775 | Previous |
Associated Brands with First Fintec Limited
First Fintec Limited operates one associated brand: Firstobject Technologies. These brands represent First Fintec Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| IT Consulting and Services Firm | firstobjectindia.com |
Competitors & Alternatives of First Fintec Limited
Brands and companies operating in the same space as First Fintec Limited include Happiest Minds, Mavenir, 1&1 IONOS and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Happiest Minds
|
IT outsourcing services are delivered across multiple business lines. | Bengaluru, India, India | 2011 |
Mavenir
|
Multi-access edge networking computing platform is provided for mobile services. | Richardson, United States, United States | 2005 |
1&1 IONOS
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Cloud infrastructure and hosting services are provided by 1&1 IONOS. | Chesterbrook, United States, United States | 1988 |
Datamatics
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Cloud-based text analytics and cognitive automation services are provided. | Mumbai, India, India | 1975 |
Genpact
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Provider of end-to-end business process outsourcing services | New York, United States, United States | 1997 |
NTT DATA
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Application development, cloud, cybersecurity, and business intelligence services are provided. | Koto City, Japan, Japan | 1967 |
Endava
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Endava is engaged in digital transformation and AI-driven solutions. | London, United Kingdom, United Kingdom | 2000 |
Accenture
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IT and management consultancy services are provided globally. | Dublin, Ireland, Ireland | 1989 |
UST
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High-quality office furniture is provided by UST for various needs. | Taiwan | 1998 |
Business Activity of First Fintec Limited
First Fintec Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including other financial activities. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| ********** | ********** | P4 | ********** | ********* |
| K | Financial and insurance Service | K8 | Other financial activities | ********* |
Auditor Details of First Fintec Limited
First Fintec Limited is audited by M/S JMT & ASSOCIATES (ICAI peer reviewed, certificate valid till 2027-03-31) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| M/S JMT & ASSOCIATES (ICAI peer reviewed, certificate valid till 2027-03-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of First Fintec Limited
First Fintec Limited is currently managed by 8 directors, with 20 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Vemparala Sitarama Sastry
Also directs:
Rite & Bright Financial Incubators Llp, First Fintec Limited
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Director | 30 Aug 2024 | 1 Years 10 Months | Current |
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Leena Vivek Hebbar
Also directs:
First Fintec Limited
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Director | 30 Mar 2015 | 11 Years 3 Months | Current |
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Rajan Vasudevan Pillai
Also directs:
First Fintec Limited
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Director | 22 Nov 2012 | 13 Years 7 Months | Current |
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Abhishek Waman Kotulkar
Also directs:
First Fintec Limited
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Director | 30 Aug 2024 | 1 Years 10 Months | Current |
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Urrinkala Saritha
Also directs:
First Fintec Limited
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Director | 29 Aug 2025 | 0 Years 10 Months | Current |
Financials of First Fintec Limited FY 2026 filings available
First Fintec Limited reported revenue of ₹2.53 Cr (up 38.12% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹2.53 Cr | ₹1.83 Cr | ₹1.78 Cr | ₹5.83 Cr | ₹62.8 Lakh | ₹13 Lakh | ₹1.33 Cr | ₹6.67 Cr |
| Other Income | ₹21.3 Lakh | ₹38.5 Lakh | ₹56.2 Lakh | ₹0 | ₹14.1 Lakh | ₹14.4 Lakh | ₹32.72 Lakh | ₹32.6 Lakh |
| Total Income | ₹2.74 Cr | ₹2.22 Cr | ₹2.35 Cr | ₹5.83 Cr | ₹76.9 Lakh | ₹27.4 Lakh | ₹1.66 Cr | ₹7 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹76.1 Lakh | ₹52.4 Lakh | ₹36.15 Lakh | ₹33.9 Lakh | ₹33.6 Lakh | ₹45.6 Lakh | ₹47.27 Lakh | ₹57 Lakh |
| Finance Costs | ₹0 | ₹0 | ₹0 | ₹0 | ₹90,000 | ₹2.3 Lakh | ₹4.48 Lakh | ₹4.5 Lakh |
| Depreciation & Amortisation | ₹16.6 Lakh | ₹17.4 Lakh | ₹1.14 Cr | ₹2.17 Cr | ₹3.34 Cr | ₹4.59 Cr | ₹4.48 Cr | ₹3.09 Cr |
| Other Expenses | ₹1.8 Cr | ₹1.5 Cr | ₹1.11 Cr | ₹5.18 Cr | ₹76.4 Lakh | ₹81.1 Lakh | ₹1.54 Cr | ₹5.02 Cr |
| Total Expenses | ₹2.73 Cr | ₹2.19 Cr | ₹2.61 Cr | ₹7.69 Cr | ₹4.45 Cr | ₹5.88 Cr | ₹6.54 Cr | ₹8.72 Cr |
| Profit Before Exceptional Items & Tax | ₹1.6 Lakh | ₹2.2 Lakh | -₹26.36 Lakh | -₹1.87 Cr | -₹3.68 Cr | -₹5.61 Cr | -₹4.88 Cr | -₹1.73 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹70,000 | -₹1.65 Cr | ₹0 | ₹0 |
| Profit Before Tax | ₹1.6 Lakh | ₹2.2 Lakh | -₹26.36 Lakh | -₹1.87 Cr | -₹3.68 Cr | -₹7.26 Cr | -₹4.88 Cr | -₹1.73 Cr |
| Total Tax Expense | ₹6.9 Lakh | ₹11.5 Lakh | -₹7.1 Lakh | -₹21.4 Lakh | -₹29.2 Lakh | -₹21.8 Lakh | ₹80,000 | ₹1.2 Lakh |
| Net Profit | -₹5.3 Lakh | -₹9.3 Lakh | -₹19.26 Lakh | -₹1.65 Cr | -₹3.38 Cr | -₹7.04 Cr | -₹4.89 Cr | -₹1.74 Cr |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | -₹5.3 Lakh | -₹9.3 Lakh | -₹19.26 Lakh | -₹1.65 Cr | -₹3.38 Cr | -₹7.04 Cr | -₹4.89 Cr | -₹1.74 Cr |
| EBITDA (computed) | ₹18.2 Lakh | ₹19.6 Lakh | ₹87.17 Lakh | ₹30.5 Lakh | -₹33.1 Lakh | -₹99.3 Lakh | -₹35.05 Lakh | ₹1.41 Cr |
| Basic EPS | ₹-0.05 | ₹-0.09 | ₹-0.18 | ₹-1.59 | ₹-3.25 | ₹-6.67 | ₹-4.70 | ₹-1.67 |
| Diluted EPS | ₹-0.05 | ₹-0.09 | ₹-0.18 | ₹-1.59 | ₹-3.25 | ₹-6.67 | ₹-4.70 | ₹-1.67 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹12.4 Cr | ₹12.39 Cr | ₹12.28 Cr | ₹13.02 Cr | ₹14.78 Cr | ₹18.4 Cr | ₹26.47 Cr | ₹31.45 Cr |
| Non-current Assets | ₹10.97 Cr | ₹11.74 Cr | ₹11.04 Cr | ₹12 Cr | ₹14.06 Cr | ₹17.54 Cr | ₹21.59 Cr | ₹20.91 Cr |
| Current Assets | ₹1.43 Cr | ₹64.8 Lakh | ₹1.24 Cr | ₹1.02 Cr | ₹72.2 Lakh | ₹86.3 Lakh | ₹4.88 Cr | ₹10.54 Cr |
| Property, Plant & Equipment | ₹2.59 Cr | ₹2.59 Cr | ₹2.66 Cr | ₹3.62 Cr | ₹5.68 Cr | ₹9.02 Cr | ₹11.43 Cr | ₹10.75 Cr |
| Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹11.3 Lakh | ₹30.2 Lakh | ₹55.2 Lakh | ₹0 |
| Trade Receivables | ₹78.6 Lakh | ₹0 | ₹66.6 Lakh | ₹56.8 Lakh | ₹2.5 Lakh | ₹7.4 Lakh | ₹1.06 Cr | ₹6.44 Cr |
| Cash & Equivalents | ₹1 Lakh | ₹2.7 Lakh | ₹90,000 | ₹2.2 Lakh | ₹16.3 Lakh | ₹7.6 Lakh | ₹3.8 Lakh | ₹0 |
| Equity (Net Worth) | ₹10.52 Cr | ₹10.58 Cr | ₹10.65 Cr | ₹10.84 Cr | ₹12.5 Cr | ₹15.88 Cr | ₹23.47 Cr | ₹28.63 Cr |
| Equity Share Capital | ₹10.4 Cr | ₹10.4 Cr | ₹10.4 Cr | ₹10.4 Cr | ₹10.4 Cr | ₹10.4 Cr | ₹10.4 Cr | ₹10.4 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Borrowings (Current) | ₹24.6 Lakh | ₹25.4 Lakh | ₹20.6 Lakh | ₹67.63 Lakh | ₹52.6 Lakh | ₹38.4 Lakh | ₹61.69 Lakh | ₹49.4 Lakh |
| Total Debt (computed) | ₹24.6 Lakh | ₹25.4 Lakh | ₹20.6 Lakh | ₹67.63 Lakh | ₹52.6 Lakh | ₹38.4 Lakh | ₹61.69 Lakh | ₹49.4 Lakh |
| Current Liabilities | ₹32.7 Lakh | ₹33.4 Lakh | ₹26 Lakh | ₹74.15 Lakh | ₹63.2 Lakh | ₹57.3 Lakh | ₹84.02 Lakh | ₹66.5 Lakh |
| Total Liabilities | ₹1.88 Cr | ₹1.82 Cr | ₹1.63 Cr | ₹2.18 Cr | ₹2.29 Cr | ₹2.52 Cr | ₹3.01 Cr | ₹2.82 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹15.6 Lakh | -₹8.7 Lakh | ₹63.56 Lakh | -₹17.75 Lakh | -₹18.9 Lakh |
| Investing Cash Flow | -₹16.4 Lakh | ₹5.8 Lakh | -₹17.8 Lakh | -₹11.35 Lakh | ₹14 Lakh |
| Financing Cash Flow | -₹90,000 | ₹4.7 Lakh | -₹46.99 Lakh | ₹15 Lakh | ₹14.2 Lakh |
| Capital Expenditure | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Free Cash Flow (computed) | ₹15.6 Lakh | -₹8.7 Lakh | ₹63.56 Lakh | -₹17.75 Lakh | -₹18.9 Lakh |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹1.7 Lakh | ₹1.8 Lakh | -₹1.23 Lakh | -₹14.1 Lakh | ₹9.3 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹42.8 Lakh | ₹76.9 Lakh | ₹68.3 Lakh | ₹64.8 Lakh | ₹43.4 Lakh | ₹51.13 Lakh | ₹48.8 Lakh | ₹39.8 Lakh |
| Other Income | ₹5.3 Lakh | ₹6.3 Lakh | ₹4.2 Lakh | ₹5.4 Lakh | ₹15.8 Lakh | ₹19.84 Lakh | ₹2.5 Lakh | ₹30,000 |
| Total Income | ₹48.1 Lakh | ₹83.2 Lakh | ₹72.5 Lakh | ₹70.2 Lakh | ₹59.2 Lakh | ₹70.97 Lakh | ₹51.3 Lakh | ₹40.1 Lakh |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹19.5 Lakh | ₹19 Lakh | ₹18.9 Lakh | ₹18.7 Lakh | ₹18.6 Lakh | ₹12.25 Lakh | ₹11.2 Lakh | ₹10.3 Lakh |
| Finance Costs | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Depreciation & Amortisation | ₹11 Lakh | ₹1.9 Lakh | ₹1.9 Lakh | ₹1.9 Lakh | ₹9.1 Lakh | ₹2.8 Lakh | ₹2.8 Lakh | ₹2.8 Lakh |
| Other Expenses | ₹48.7 Lakh | ₹44.5 Lakh | ₹44.1 Lakh | ₹42.6 Lakh | ₹49.7 Lakh | ₹30.2 Lakh | ₹33.3 Lakh | ₹36.5 Lakh |
| Total Expenses | ₹79.2 Lakh | ₹65.4 Lakh | ₹64.9 Lakh | ₹63.2 Lakh | ₹77.4 Lakh | ₹45.25 Lakh | ₹47.3 Lakh | ₹49.6 Lakh |
| Profit Before Exceptional Items & Tax | -₹31.1 Lakh | ₹17.8 Lakh | ₹7.6 Lakh | ₹7 Lakh | -₹18.2 Lakh | ₹25.72 Lakh | ₹4 Lakh | -₹9.5 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹31.1 Lakh | ₹17.8 Lakh | ₹7.6 Lakh | ₹7 Lakh | -₹18.2 Lakh | ₹25.72 Lakh | ₹4 Lakh | -₹9.5 Lakh |
| Total Tax Expense | ₹1.5 Lakh | ₹1.8 Lakh | ₹1.8 Lakh | ₹1.8 Lakh | ₹10.9 Lakh | ₹20,000 | ₹20,000 | ₹20,000 |
| Net Profit | -₹32.6 Lakh | ₹16 Lakh | ₹5.8 Lakh | ₹5.2 Lakh | -₹29.1 Lakh | ₹25.52 Lakh | ₹3.8 Lakh | -₹9.7 Lakh |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | -₹32.6 Lakh | ₹16 Lakh | ₹5.8 Lakh | ₹5.2 Lakh | -₹29.1 Lakh | ₹25.52 Lakh | ₹3.8 Lakh | -₹9.7 Lakh |
| EBITDA (computed) | -₹20.1 Lakh | ₹19.7 Lakh | ₹9.5 Lakh | ₹8.9 Lakh | -₹9.1 Lakh | ₹28.52 Lakh | ₹6.8 Lakh | -₹6.7 Lakh |
| Basic EPS | ₹-0.31 | ₹0.15 | ₹0.05 | ₹0.05 | ₹-0.28 | ₹0.24 | ₹0.04 | ₹-0.09 |
| Diluted EPS | ₹-0.31 | ₹0.15 | ₹0.05 | ₹0.05 | ₹-0.28 | ₹0.24 | ₹0.04 | ₹-0.09 |
Shareholding Pattern of First Fintec Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 47.40%, retail and other public shareholders hold 52.60% of First Fintec Limited. The company had 11,390 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 47.40% | 47.40% | 47.40% | 47.40% | 47.40% | 47.40% |
| Public | 52.60% | 52.60% | 52.60% | 52.60% | 52.60% | 52.60% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 47.40% | 47.40% | 47.40% |
| Public | 52.60% | 52.60% | 52.60% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | - |
Charges & Borrowings of First Fintec Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Sep 2000 | Bank of Madura Limited | ₹1.3 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at First Fintec Limited
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Employee Count & EPFO Data of First Fintec Limited
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GST Compliance of First Fintec Limited
GSTIN & GST Filing Data of First Fintec Limited
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Credit Ratings, Litigation & Regulatory Alerts for First Fintec Limited
Credit Ratings, Legal Cases & Regulatory Alerts of First Fintec Limited
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MSME Payment Delays by First Fintec Limited
MSME Payment Delays by First Fintec Limited
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Subsidiaries & Group Companies of First Fintec Limited
Subsidiaries & Group Companies of First Fintec Limited
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MCA Filings & Documents of First Fintec Limited
MCA Filings & Documents of First Fintec Limited
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Recent Activity on First Fintec Limited
Frequently Asked Questions about First Fintec Limited
First Fintec Limited is an active public limited company in the education sector based in Mumbai, Maharashtra, India. It was incorporated on 03 March 2000 (26+ years old) and is registered under CIN L72200MH2000PLC239534. Listed on BSE: 532379.
First Fintec Limited reported revenue of ₹2.22 Cr for FY 2025 (down 6.00% YoY).
The current directors of First Fintec Limited are:
- Vemparala Sitarama Sastry
- Janaki Rao Urrinkala
- Nilayattingal Philby Philip
- Leena Vivek Hebbar
- Rajan Vasudevan Pillai
- Abhishek Waman Kotulkar
- Deepshikha Agrawal
- Urrinkala Saritha
The primary industry of First Fintec Limited is education. The company specifically operates in edtech solutions. The company is currently active in this sector.
Yes. First Fintec Limited is listed on BSE with code 532379.
First Fintec Limited can be reached at the registered office: 304 Shiv Ashish Complex 19Th Road, Pearl Hotel Chembur, Mumbai, Maharashtra, India – 400071, or through the website firstobjectindia.com.