
About First Games Technology Private Limited
Data last updated:
First Games Technology Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Paytm Entertainment Limited. It operates in the online gaming platforms segment of the internet and digital services sector. It was incorporated on 13 November 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U63999DL2017PTC325912. Its GSTIN is 09AAQCA2206H1ZQ (Uttar Pradesh). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹125 Cr and a paid-up capital of ₹124.06 Cr. It was formerly known as Acumen Game Entertainment Private Limited and Paytm First Games Private Limited. It is led by directors including Garima Agrawal and Monica Maria Nunes.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 136 Ist Floor Devika Tower Nehru Place, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2025, the company reported a revenue of ₹98.51 Cr, a decline of 56% compared to the previous year. For the same year it recorded a net loss of ₹107.3 Cr (net margin -108.9%) and EBITDA of -₹62.34 Cr (EBITDA margin -63.3%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 38% over five years.
The company has about 153 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Arise Iip and First Games. Court records list 3 cases involving the company, including 1 filed by the company and 1 filed against it. The company has 4 deals on record (4 rights issues); the latest was in April 2020. Its 10 peer companies in the Ecommerce and Internet industry (Gaming Portal) are compared by revenue, 5 larger and 5 smaller; the largest is Witzeal Technologies Private Limited with revenue of ₹287.96 Cr. The company has 12 MSME Form 1 returns on record between 2019 and 2024, listing 280 overdue payments to 54 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website firstgames.in.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social Media
- Registered Address136 Ist Floor Devika Tower Nehru Place, New Delhi, Delhi, India – 110019
- IndustryInternet, Online Gaming Platforms
- 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 Games Technology Private Limited
The main business activity of First Games Technology is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | 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.
Financials of First Games Technology Private Limited FY 2025 filings available
First Games Technology Private Limited reported revenue of ₹98.51 Cr (down 56% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of First Games Technology Private Limited
Revenue fell 56% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 38%. EBITDA fell 309% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of First Games Technology Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | 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 | -₹62.34 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹107.3 Cr | •••• | •••• | •••• | •••• |
| 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 Games Technology Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -63.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -108.9% | •••• | •••• | •••• | •••• |
| 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 Games Technology are in the company report.
Financial statements from FY 2018
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.
Peer Comparison of First Games Technology Private Limited
First Games Technology Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Gaming Portal). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Witzeal Technologies Private Limited | ₹287.96 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Faizabad, Uttar Pradesh, India |
| Figment Technokart Private Limited | ₹233.99 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Surat, Gujarat, India |
| Ambe Securities Private Limited | ₹202.47 Cr (FY 2020) | •••• | •••• | 18.0% | •••• | Mumbai, Maharashtra, India |
| Absolute Sports Private Limited | ₹189.18 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Bangalore, Karnataka, India |
| Skillwin Technology Private Limited | ₹98.54 Cr (FY 2025) | •••• | •••• | -24.0% | •••• | Delhi, India |
| First Games Technology Private Limited this company | ₹98.51 Cr (FY 2025) | •••• | •••• | -56.0% | •••• | New Delhi, Delhi, India |
| Quadrific Media Private Limited | ₹96.42 Cr (FY 2023) | •••• | •••• | 20.0% | •••• | Kolkata, West Bengal, India |
| Deltatech Gaming Limited | ₹92.93 Cr (FY 2024) | •••• | •••• | -24.0% | •••• | Mumbai, Maharashtra, India |
| Passion Gaming Private Limited | ₹77.75 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Panchkula, Haryana, India |
| SBN Gaming Network Private Limited | ₹67.83 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | Delhi, India |
| Myteam11 Fantasy Sports Private Limited | ₹64.37 Cr (FY 2024) | •••• | •••• | 70.0% | •••• | Jaipur, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below First Games Technology by revenue in the Ecommerce and Internet industry (Gaming Portal), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of First Games Technology Private Limited
First Games Technology has 4 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Garima Agrawal Also directs: Paytm Money Limited | Director | 12 Jun 2025 | 1 Years 4 Months | Current |
| Monica Maria Nunes | Director | 23 Sep 2022 | 4 Years 0 Months | Current |
| Rahul Gupta | Director | 28 Sep 2022 | 4 Years 0 Months | Current |
| Madhur Deora Also directs: Mobiquest Mobile Technologies Private Limited, Paytm Cloud Technologies Limited, Paytm Payments Services Limited and 4 more | Director | 27 Jul 2021 | 5 Years 2 Months | Current |
Charges & Borrowings of First Games Technology Private Limited
First Games Technology Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of First Games Technology Private Limited
First Games Technology Private Limited has 4 deals on record (4 rights issues); the latest was in April 2020.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2020 | Rights issue | ₹40.75 Cr | Investors: AGTech Media Holdings Limited |
| Mar 2020 | Rights issue | ₹48.79 Cr | Investors: Paytm Cloud Technologies Limited |
| Oct 2019 | Rights issue | ₹56.73 Cr | Investors: Paytm Cloud Technologies Limited , AGTech Media Holdings Limited |
| Jun 2018 | Rights issue | ₹108.5 Cr | Investors: Paytm Cloud Technologies Limited , AGTech Media Holdings Limited |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of First Games Technology Private Limited
First Games Technology Private Limited has 3 court cases on record: 1 filed by First Games Technology, 1 filed against it, 1 where it is another party. All cases are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| Supreme Court | 1 | 0 | 0 |
| High courts | 1 | 0 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Court case (CWP-PIL) | Company is another party | Disposed |
| District court, West, Delhi | Court case (OMP (I) (COMM.)) | Filed against the company by Orix Leasing Financial Service India Ltd | Disposed |
| Supreme Court | Writ petition | Filed by the company against Union of India | Disposed |
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.
MSME Payment Delays by First Games Technology Private Limited
First Games Technology Private Limited has 12 MSME Form 1 returns on record between 2019 and 2024, listing 280 overdue payments to 54 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 54)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Karza Technologies Private Limited | •••• | •••• | •••• |
| Adsplay International | •••• | •••• | •••• |
| Adsphire Media Private Limited | •••• | •••• | •••• |
| Hyprmobil Media LLP | •••• | •••• | •••• |
| Lex Orbis | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 12 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with First Games Technology Private Limited
First Games Technology operates two associated brands: ARISE IIP and First Games. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Industrial ecosystems are developed and operated for economic growth. | ariseiip.com | |
| Fantasy sports platform for cricket, rummy, and poker is developed. | firstgames.in |
Employees and EPFO Compliance at First Games Technology Private Limited
Employment history and EPFO contributions of people linked to First Games Technology.
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.
Name History of First Games Technology Private Limited
First Games Technology has undergone 3 name changes throughout its history. The company was previously known as Acumen Game Entertainment Private Limited, Paytm First Games Private Limited, and Gamepind Entertainment Private Limited. The current legal name is First Games Technology Private Limited.
| Company Name | Status |
|---|---|
| First Games Technology Private Limited | Current |
| Acumen Game Entertainment Private Limited | Previous |
| Paytm First Games Private Limited | Previous |
| Gamepind Entertainment Private Limited | Previous |
CIN History of First Games Technology Private Limited
First Games Technology has one previous CIN (Corporate Identification Number): U74999DL2017PTC325912. The current CIN is U63999DL2017PTC325912, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U63999DL2017PTC325912 | Current |
| U74999DL2017PTC325912 | Previous |
News related to First Games Technology Private Limited
Recent Activity on First Games Technology Private Limited
First Games Technology Private Limited has 17 board changes on record since 2018: 4 appointments and 13 cessations. The latest: Garima Agrawal ceased to be Additional Director on 28 Sep 2025.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for First Games Technology 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.
Subsidiaries & Group Companies of First Games Technology 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.
GST Compliance of First Games Technology Private Limited
First Games Technology has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAQCA2206H1ZQ | Uttar Pradesh | Active | 27 Feb 2018 |
| 27AAQCA2206H1C3 | Maharashtra | Active | 20 Mar 2021 |
| 36AAQCA2206H1C4 | Telangana | Active | 20 Mar 2021 |
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.
MCA Filings & Documents of First Games Technology 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.
Frequently Asked Questions about First Games Technology Private Limited
First Games Technology is an active private limited company based in New Delhi, Delhi, India. The company works in online gaming platforms, within the internet industry. It was incorporated on 13 November 2017 (9+ years old) and is registered under CIN U63999DL2017PTC325912.
First Games Technology reported revenue of ₹98.51 Cr for FY 2025 (down 56% YoY).
First Games Technology has 4 current directors:
- Garima Agrawal - Director
- Monica Maria Nunes - Director
- Rahul Gupta - Director
- Madhur Deora - Director
First Games Technology reported a net loss of ₹107.3 Cr (net margin -108.9%) and EBITDA of -₹62.34 Cr (EBITDA margin -63.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of First Games Technology is -37% over three years and 38% over five years. In the latest year (FY 2025) revenue fell 56%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of First Games Technology is 09AAQCA2206H1ZQ, registered in Uttar Pradesh. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AAQCA2206H1C3 (Maharashtra), 36AAQCA2206H1C4 (Telangana).
The CIN (Corporate Identification Number) of First Games Technology is U63999DL2017PTC325912. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
First Games Technology has 3 court cases on record: 1 filed by the company and 1 filed against it. Most are in the supreme court.
First Games Technology was incorporated on 13 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
First Games Technology has 4 deals on record (4 rights issues); the latest was in April 2020.
The peers of First Games Technology by revenue are Witzeal Technologies Private Limited, Figment Technokart Private Limited, Ambe Securities Private Limited, Absolute Sports Private Limited, Skillwin Technology Private Limited and 5 more, all in the Ecommerce and Internet industry (Gaming Portal).
Garima Agrawal ceased to be Additional Director on 28 Sep 2025. Garima Agrawal was appointed as Director on 12 Jun 2025. Nikhil Kumar Jain ceased to be Additional Director on 11 Jun 2025. First Games Technology has 17 board changes on record in total.