First Rate Solutions Private Limited - Company Profile

It is a real estate and construction private limited company based in Ahmedabad, Gujarat, India, established in 2018.
2018 Ahmedabad, Gujarat, India Struck Off
Last Updated:
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About First Rate Solutions Private Limited

First Rate Solutions Private Limited, a struck off private limited company, was established on 26 March 2018 in Ahmedabad, Gujarat, India. Engaging in real estate builders & developers within the real estate and construction sector, it holds CIN: U70109GJ2018PTC110093. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹6.00 M and a paid-up capital of ₹5.99 M.

Its leadership includes Pradiv Dilipbhai Patel (Director), Priti Nitin Shah (Director). Past directors included Nitin Jayantilal Shah, Ramamurthy Vidya, Vivek Anand. It holds no open charges and ₹9.00 Cr settled loans. Its latest AGM occurred on 16 September 2024, with the balance sheet filed on 31 March 2024. It is based at A/1004, Prestige Tower, Near Himadry Apartment Opposite Krishna Tower, Bodakdev, Ahmedabad, Gujarat, 380054.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U70109GJ2018PTC110093

  • Registration Number

    110093

  • Incorporation Date

    26 March 2018

  • Authorized Capital

    ₹6.00 M

  • Paid-Up Capital

    ₹5.99 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Struck Off

Key Metrics
  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 5.99 M
  • Company Age 8 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 9.00 Cr
  • Revenue Growth **** %
  • Profit Growth **** 7.88%
  • Ebitda **** 8.54%
  • Net Worth -87.62%
  • Total Assets **** 8.33%
Company report

First Rate Solutions Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into First Rate Solutions Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at First Rate Solutions Private Limited?
Current Directors
Name Designation Appointment Date Status
Pradiv Dilipbhai Patel Director 21 Jan 2022 Current
Priti Nitin Shah Director 25 Apr 2019 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 27 May 2019 Past
Pramod Abcsdd Additional Director 25 Apr 2019 Past
Pramod Abcsdd Additional Director 25 Apr 2019 Past
Pramod Abcsdd Additional Director 30 Sep 2022 Past
Pramod Abcsdd Director 28 Mar 2019 Past
Pramod Abcsdd Additional Director 27 May 2019 Past

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Financial Performance of First Rate Solutions.

First Rate Solutions Private Limited, for the financial year ended 2021, experienced no change in revenue, with a 0% increase. The company also saw a slight improvement in profitability, with a 7.88% increase in profit. The company's net worth observed a substantial decline by a decrease of 87.62%.

First Rate Solutions revenue growth over time
First Rate Solutions profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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Revenue from Operations
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Total Assets
*******
 8.33%
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*******
*******
*******
Profit or Loss
*******
 7.88%
*******
*******
*******
*******
Net Worth
*******
 -87.62%
*******
*******
*******
*******
EBITDA
*******
 8.54%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of First Rate Solutions?

In 2019, First Rate Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹90,000,000.00

Charges Breakdown by Lending Institutions
  • Others : 9.00 Cr
Latest Charge Details
Date Lender Amount Status
04 Jun 2018 Others ₹9.00 Cr Satisfied

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How Many Employees Work at First Rate Solutions?

Unlock and access historical data on people associated with First Rate Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of First Rate Solutions, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped First Rate Solutions's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on First Rate Solutions
Recent Activity within the Organization
  • Annual General Meeting

    The activity First Rate Solutions Private Limited last Annual general meeting of members was held on 16 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on First Rate Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was documented.

  • Director Appointment

    Progress on Pradiv Dilipbhai Patel was appointed as a Director was appointed as a Director on 21 Jan 2022 & has been associated with this company since 4 years 5 months . was documented.

  • Charges

    The activity A charge registered on 04 Jun 2018 via Charge ID 100212036 with Others was fully satisfied on 20 Apr 2021. was completed.

  • Director Appointment

    The activity Priti Nitin Shah was appointed as a Director was appointed as a Director on 25 Apr 2019 & has been associated with this company since 7 years 2 months . was completed.

  • Charges

    Progress on A charge with Others amounted to Rs. 90.00 M with Charge ID 100212036 was registered on 04 Jun 2018. was documented.

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Frequently Asked Questions
What is the CIN of First Rate Solutions Private Limited?

The CIN of First Rate Solutions Private Limited is U70109GJ2018PTC110093.

Where is First Rate Solutions Private Limited headquartered?

First Rate Solutions Private Limited is headquartered at A/1004, Prestige Tower, Near Himadry Apartment Opposite Krishna Tower, Bodakdev, Ahmedabad, Gujarat, 380054.

When was First Rate Solutions Private Limited incorporated?

First Rate Solutions Private Limited was incorporated on 26 March 2018.

Who are the current directors of First Rate Solutions Private Limited?

The current directors of First Rate Solutions Private Limited are

What is the primary industry of First Rate Solutions Private Limited?

The primary industry of First Rate Solutions Private Limited is Real Estate And Construction.

Is First Rate Solutions Private Limited a listed company?

First Rate Solutions Private Limited is unlisted.

What is the capital structure of First Rate Solutions Private Limited?

The authorized capital of First Rate Solutions Private Limited is ₹6.00 M, and the paid-up capital is ₹5.99 M.

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