About First Fuel Private Limited
Data last updated:
First Fuel Private Limited is a private limited company based in Boriwali, Maharashtra, India. It operates in the refined petroleum products segment of the oil and gas sector. It was incorporated on 11 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U23200MH2020PTC341723.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Deepak Rassay and Rishikesh Rassay.
Its last annual general meeting (AGM) was held on 31 December 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 401 Wing G. Cts No. 612/A 613/A 614 615 Nr S.V.P. College I.C. Colony Wp Lift, Boriwali, Maharashtra, India – 400103.
As per the financials filed for FY 2021, the company reported a revenue of ₹97.04 Lakh. For the same year it recorded a net profit of ₹8,422 (net margin 0.1%) and EBITDA of ₹17,301 (EBITDA margin 0.2%).
Court records list 3 cases involving the company, including 3 filed against it; 3 cases are pending.
For more details, the company can be reached via its website firstfuel.in.
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- Registered Address401 Wing G. Cts No. 612/A 613/A 614 615 Nr S.V.P. College I.C. Colony Wp Lift, Boriwali, Maharashtra, India – 400103
- IndustryOil & Gas, Refined Petroleum Products, Manufacturing
- 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
- One PDF report, delivered after checkout
Business Activity of First Fuel Private Limited
The main business activity of First Fuel is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Board of Directors of First Fuel Private Limited
First Fuel has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Rassay | Director | 02 Jun 2021 | 5 Years 4 Months | Current |
| Rishikesh Rassay | Additional Director | 29 Jun 2021 | 5 Years 3 Months | Current |
Financials of First Fuel Private Limited FY 2021 filings available
First Fuel Private Limited reported revenue of ₹97.04 Lakh for FY 2021.
Financial Statement Summary of First Fuel Private Limited
| Metrics | FY 2020-21 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | •••• |
| Other Income | •••• |
| Total Revenue | •••• |
| Cost of Materials Consumed | •••• |
| Employee Benefit Expense | •••• |
| Finance Costs | •••• |
| Depreciation and Amortisation | •••• |
| Other Expenses | •••• |
| Total Expenses | •••• |
| EBITDA | ₹17,301 |
| Profit Before Tax | •••• |
| Tax Expense | •••• |
| Net Profit (PAT) | ₹8,422 |
| Balance Sheet | |
| Share Capital | •••• |
| Reserves and Surplus | •••• |
| Net Worth (Total Equity) | •••• |
| Long-term Borrowings | •••• |
| Short-term Borrowings | •••• |
| Trade Payables | •••• |
| Total Liabilities | •••• |
| Fixed Assets | •••• |
| Investments | •••• |
| Inventories | •••• |
| Trade Receivables | •••• |
| Cash and Bank Balance | •••• |
| Total Assets | •••• |
Financial Ratios of First Fuel Private Limited
| Metrics | FY 2020-21 |
|---|---|
| Profitability | |
| EBITDA Margin | 0.2% |
| Net Profit Margin | 0.1% |
| Return on Equity (ROE) | •••• |
| Return on Capital Employed (ROCE) | •••• |
| Return on Assets (ROA) | •••• |
| Liquidity and Debt | |
| Current Ratio | •••• |
| Quick Ratio | •••• |
| Debt-to-Equity Ratio | •••• |
| Interest Coverage Ratio | •••• |
| Efficiency and Growth | |
| Asset Turnover | •••• |
| Receivable Days | •••• |
| Payable Days | •••• |
| Inventory Days | •••• |
| Revenue Growth | •••• |
| Net Profit Growth | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of First Fuel are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Charges & Borrowings of First Fuel Private Limited
First Fuel Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at First Fuel Private Limited
Employment history and EPFO contributions of people linked to First Fuel.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of First Fuel Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Legal Cases of First Fuel Private Limited
First Fuel Private Limited has 3 court cases on record: 3 filed against it. All cases are pending. Status as checked between 21 Sep 2026 and 29 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 3 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY CASE) | Filed against the company by Shapoorji Pallonji and Company Private Limited | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed against the company by an individual | Pending |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Credit Ratings, Litigation & Regulatory Alerts for First Fuel Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by First Fuel Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of First Fuel Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of First Fuel Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on First Fuel Private Limited
Frequently Asked Questions about First Fuel Private Limited
First Fuel is an active private limited company based in Boriwali, Maharashtra, India. The company works in refined petroleum products, within the oil and gas industry. It was incorporated on 11 July 2020 (6+ years old) and is registered under CIN U23200MH2020PTC341723.
First Fuel reported revenue of ₹97.04 Lakh for FY 2021.
First Fuel has 2 current directors:
- Deepak Rassay - Director
- Rishikesh Rassay - Additional Director
First Fuel reported a net profit of ₹8,422 (net margin 0.1%) and EBITDA of ₹17,301 (EBITDA margin 0.2%) for FY 2021, as per its filed financial statements.
The CIN (Corporate Identification Number) of First Fuel is U23200MH2020PTC341723. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
First Fuel has 3 court cases on record: 3 filed against it. 3 are pending.
First Fuel was incorporated on 11 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
First Fuel can be reached through the website firstfuel.in. Its registered office is in Boriwali, Maharashtra, India.
The registered office of First Fuel is at 401 Wing G. Cts No. 612A 613A 614 615 Nr S.V.P. College I.C. Colony Wp Lift, Boriwali, Maharashtra, India – 400103.