About First Rain Software Centre Private Limited
Data last updated:
First Rain Software Centre Private Limited is a private limited company based in Bengaluru, Karnataka, India, a subsidiary of First Rain Inc, Usa. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 11 January 2001.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74899KA2001PTC121154. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹12.65 Lakh. It is led by directors Dilip Kumar Parasmal and Andrew Simon Price.
Its last annual general meeting (AGM) was held on 15 June 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at No. 2751 6th Main Road 17th A Cross Bsk 2nd Stage, Bengaluru, Karnataka, India – 560070.
As per the financials filed for FY 2020, the company reported a revenue of ₹54,372, a decline of 50% compared to the previous year. For the same year it recorded a net loss of ₹13.17 Lakh and EBITDA of -₹13.71 Lakh.
The company has about 43 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: FirstRain. As per MCA filings, the company has satisfied charges of ₹1.1 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The last known website on record is firstrain.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo. 2751 6th Main Road 17th A Cross Bsk 2nd Stage, Bengaluru, Karnataka, India – 560070
- IndustryInformation Technology, IT Consulting & Support Services
- 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 Rain Software Centre Private Limited
The main business activity of First Rain Software Centre is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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 Rain Software Centre Private Limited FY 2020 filings available
First Rain Software Centre Private Limited reported revenue of ₹54,372 (down 50% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of First Rain Software Centre Private Limited
Revenue fell 50% in the latest year. EBITDA rose 73% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of First Rain Software Centre Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹54,372 | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹13.71 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹13.17 Lakh | •••• | •••• | •••• | •••• |
| 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 Rain Software Centre Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Rain Software Centre are in the company report.
Financial statements from 2015
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 Rain Software Centre Private Limited
First Rain Software Centre Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Style Solutions Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Spinach Technologies India Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Eagle Conferencing Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Cloudjini Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| San Wireless Systems Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| First Rain Software Centre Private Limited this company | •••• | •••• | •••• | •••• | - | Bengaluru, Karnataka, India |
| Geo Media Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Nsquared Systems Private Limited | •••• | •••• | •••• | •••• | - | Gurugram, Haryana, India |
| Lehartechnologies. Com Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Scrumyard Ventures Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Koolbapp Private Limited | •••• | •••• | •••• | •••• | - | Dindigul, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below First Rain Software Centre by revenue in the Information Technology industry (IT Consulting and Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of First Rain Software Centre Private Limited
Auditor information for First Rain Software Centre Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors of First Rain Software Centre Private Limited
First Rain Software Centre has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dilip Kumar Parasmal Also directs: Iafiralc Software Solutions Private Limited, FTX India Private Limited, Namma AI Labs Private Limited and 5 more | Director | 01 Jul 2017 | 9 Years 3 Months | As last reported |
| Andrew Simon Price | Director | 01 Aug 2017 | 9 Years 2 Months | As last reported |
Ownership and Shareholding of First Rain Software Centre Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of First Rain Software Centre Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Sep 2009 | Standard Chartered Bank | ₹1.1 Lakh | Satisfied |
Total charge records: 1 View all charges
Legal Cases of First Rain Software Centre Private Limited
First Rain Software Centre Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Tax appeal | Filed against the company by Commissioner of Income Tax | Disposed |
Full case history
All 1 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.
Associated Brands with First Rain Software Centre Private Limited
First Rain Software Centre operates one associated brand: FirstRain. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Business intelligence platform for enterprises | firstrain.com |
Employees and EPFO Compliance at First Rain Software Centre Private Limited
First Rain Software Centre Private Limited has a workforce of 43 employees as of Mar 22, 2024.
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.
CIN History of First Rain Software Centre Private Limited
First Rain Software Centre has one previous CIN (Corporate Identification Number): U74899HR2001PTC038387. The current CIN is U74899KA2001PTC121154, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899KA2001PTC121154 | Current |
| U74899HR2001PTC038387 | Previous |
News related to First Rain Software Centre Private Limited
Recent Activity on First Rain Software Centre Private Limited
First Rain Software Centre Private Limited has 12 board changes on record since 2007: 2 appointments and 10 cessations. The latest: Andrew Simon Price ceased to be Additional Director on 17 Sep 2018.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for First Rain Software Centre 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 Rain Software Centre 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 Rain Software Centre 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 Rain Software Centre Private Limited
First Rain Software Centre has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Rain Software Centre 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 Rain Software Centre Private Limited
First Rain Software Centre is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
First Rain Software Centre is a company under liquidation, formerly operating as a private limited company based in Bengaluru, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 11 January 2001 and is registered under CIN U74899KA2001PTC121154. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
First Rain Software Centre reported revenue of ₹54,372 for FY 2020 (down 50% YoY).
First Rain Software Centre has 2 current directors:
- Dilip Kumar Parasmal - Director
- Andrew Simon Price - Director
First Rain Software Centre reported a net loss of ₹13.17 Lakh and EBITDA of -₹13.71 Lakh for FY 2020, as per its filed financial statements.
The CIN (Corporate Identification Number) of First Rain Software Centre is U74899KA2001PTC121154. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
First Rain Software Centre has no open charges and satisfied charges of ₹1.1 Lakh as per latest MCA filings.
First Rain Software Centre has 1 court case on record: 1 filed against it.
First Rain Software Centre was incorporated on 11 January 2001. It is registered with the Registrar of Companies, Bangalore.
The peers of First Rain Software Centre by revenue are Style Solutions Private Limited, Spinach Technologies India Private Limited, Eagle Conferencing Private Limited, Cloudjini Technologies Private Limited, San Wireless Systems Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Andrew Simon Price ceased to be Additional Director on 17 Sep 2018. Dilip Kumar Parasmal ceased to be Additional Director on 17 Sep 2018. Andrew Simon Price was appointed as Director on 01 Aug 2017. First Rain Software Centre has 12 board changes on record in total.