About First Global Finance Private Limited
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First Global Finance Private Limited is a private limited company based in Thane, Maharashtra, India, a subsidiary of First Global Stock Broking Private Limited. It operates in the investment banking and advisory segment of the financial services sector. It was incorporated on 12 December 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74899MH1994PTC427881. Its GSTIN is 27AAACF0660J1ZS (Maharashtra).
The company has an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹4 Cr. It is led by directors including Devina Mehra (Managing Director) and Achin Agarwal.
Its last annual general meeting (AGM) was held on 04 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sector 19, Thane, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.19 Cr, a decline of 31% compared to the previous year. For the same year it recorded a net profit of ₹36.82 Lakh (net margin 4%) and EBITDA of ₹50.97 Lakh (EBITDA margin 5.5%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 46% over five years.
The company has about 20 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹4.9 Cr on record. Court records list 7 cases involving the company, including 2 filed by the company and 5 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website firstglobal.in.
Company details
CIN history
First Global Finance has one previous CIN (Corporate Identification Number): U74899DL1994PTC063394. The current CIN is U74899MH1994PTC427881, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899MH1994PTC427881 | Current |
| U74899DL1994PTC063394 | Previous |
Contact details
First Global Finance Private Limited's registered office is in Thane, Maharashtra. Its website is firstglobal.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressRatnam Square Plot No.38/39, Sector 19A Vashi Navi Mumbai, Thane, Maharashtra, India – 400703
- IndustryFinancial Services, Investment Banking & Advisory
To see the full contact details of First Global Finance Private Limited, 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 First Global Finance is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| 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 |
To see the full business activity and turnover split of First Global Finance Private Limited, buy the company report.
Financials of First Global Finance Private Limited
FY 2025 filings availableFirst Global Finance Private Limited reported revenue of ₹9.19 Cr (down 31% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 31% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 46%. EBITDA fell 38% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹50.97 Lakh | ||||
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| Net Profit (PAT) | ₹36.82 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.5% | ||||
| Net Profit Margin | 4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of First Global Finance Private Limited, buy the company report.
Board of directors of First Global Finance Private Limited
First Global Finance has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Achin Agarwal Also directs: Nawsar Technologies LLP, Navtech Consultancy Private Limited, Centauri Enterprises Private Limited and 1 more | Director | 01 Apr 2025 | 1 Years 7 Months | Current |
| Neeraj Khanna Raghbirchand Also directs: Garma Trexim Pvt. Ltd., Virta Trade and Agencies P Ltd, Top Gear Leasing and Finance Private Limited and 5 more | Director | 26 Feb 2010 | 16 Years 8 Months | Current |
| Devina Mehra Also directs: Garma Trexim Pvt. Ltd., Virta Trade and Agencies P Ltd, Top Gear Leasing and Finance Private Limited and 5 more | Managing Director | 18 Dec 2006 | 19 Years 10 Months | Current |
Auditor
First Global Finance Private Limited is audited by HRJ & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HRJ & Associates | FY 2023 | 138235W |
Shareholding
The shareholding of First Global Finance Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of First Global Finance Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Jan 2025 | 101036930 | Others | ₹4.9 Cr | Open |
To see the full charge records of First Global Finance Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
First Global Finance Private Limited has 7 court cases on record: 2 filed by First Global Finance, 5 filed against it. 2 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
| High courts | 2 | 2 | 0 |
| NCLAT | 2 | 0 | 2 |
Cases on record (4 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed by the company against Ivrcl Ltd. and 1 other | Pending |
| District court, Central, Delhi | Court case (Cr. Case) | Filed against the company by an individual | Disposed |
| Bombay High Court | Court case (NMA) | Filed against the company by The Commissioner Ofincome Tax -1 Mumbai | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by The Commissioner of Income Tax, Central IV, Mumbai | Disposed |
To see the full case history of First Global Finance Private Limited, 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 First Global Finance Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
First Global Finance has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Vruddhi Confinvest India Private Limited | U99999MH1997PTC109258 |
To see the full group structure of First Global Finance Private Limited, buy the company report.
GST
First Global Finance has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACF0660J1ZS | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of First Global Finance Private Limited, buy the company report.
Recent activity
First Global Finance Private Limited has 6 board changes on record since 2006: 3 appointments and 3 cessations. The latest: Achin Agarwal ceased to be Additional Director on 03 Jul 2025.
Frequently asked questions
First Global Finance is an active private limited company based in Thane, Maharashtra, India. The company works in investment banking and advisory, within the financial services industry. It was incorporated on 12 December 1994 (32+ years old) and is registered under CIN U74899MH1994PTC427881.
First Global Finance has 3 current directors:
- Devina Mehra - Managing Director
- Achin Agarwal - Director
- Neeraj Khanna Raghbirchand - Director
The latest financial statements of First Global Finance on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 04 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of First Global Finance is 27AAACF0660J1ZS, registered in Maharashtra.
The CIN (Corporate Identification Number) of First Global Finance is U74899MH1994PTC427881. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
First Global Finance has 7 court cases on record: 2 filed by the company and 5 filed against it. 2 are pending. Most are in the district courts.
First Global Finance was incorporated on 12 December 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Achin Agarwal ceased to be Additional Director on 03 Jul 2025. Achin Agarwal was appointed as Director on 01 Apr 2025. Neeraj Khanna Raghbirchand ceased to be Additional Director on 21 Aug 2010. First Global Finance has 6 board changes on record in total.
First Global Finance can be reached through the website firstglobal.in. Its registered office is in Thane, Maharashtra, India.
The registered office of First Global Finance is at Ratnam Square Plot No.3839, Sector 19A Vashi Navi Mumbai, Thane, Maharashtra, India – 400703.
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