Firstchoice Multiventures Private Limited

Firstchoice Multiventures Private Limited - consumer electronics & durables in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74999MH2016PTC283189 Incorporated 04 July 2016 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company consumer electronics and durables MSME
Data last updated
Revenue · FY 2018
₹34.27 Cr
▲ 64% YoY
Net profit · FY 2018
₹16.24 Lakh
Net margin 0.5%
EBITDA · FY 2018
₹54.13 Lakh
EBITDA margin 1.6%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.75 Cr
Issued & subscribed
Open charges
₹20 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings

About Firstchoice Multiventures Private Limited

Data last updated:

Firstchoice Multiventures Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 04 July 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2016PTC283189. The company has 2 GST registrations on record, none of which is active.

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.75 Cr. It is led by directors Vikram Hemkiran Baliga and Pappu Tiwari.

Its last annual general meeting (AGM) was held on 21 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Shop No. 185 1st Floor 'Citi Mall' New Link Road Andheri West Mumbai – 40, 0053, Maharashtra, India – 400053.

As per the financials filed for FY 2018, the company reported a revenue of ₹34.27 Cr, a growth of 64% compared to the previous year. For the same year it recorded a net profit of ₹16.24 Lakh (net margin 0.5%) and EBITDA of ₹54.13 Lakh (EBITDA margin 1.6%).

As per MCA filings, the company has open charges of ₹20 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.

Firstchoice Multiventures Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-19-0042330). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U74999MH2016PTC283189
Registration Number 283189
Incorporation Date 04 July 2016
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 21 December 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-19-0042330
Key People
Pappu Tiwari Additional Director Vikram Hemkiran Baliga Director

Recognitions & Rankings of Firstchoice Multiventures

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-MH-19-0042330

Contact details

Firstchoice Multiventures Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Shop No. 185 1st Floor 'Citi Mall' New Link Road Andheri West Mumbai – 40, 0053, Maharashtra, India – 400053
  • Industry
    Consumer Electronics & Durables, Electronic Appliances Retail & Distribution

To see the full contact details of Firstchoice Multiventures Private Limited, buy the company report.

Comprehensive company report
Firstchoice Multiventures Private Limited - one report that includes everything
  • 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
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Secure checkout · GST invoice included

Business activity

The main business activity of Firstchoice Multiventures is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Firstchoice Multiventures Private Limited, buy the company report.

Financials of Firstchoice Multiventures Private Limited

FY 2020 filings available

Firstchoice Multiventures Private Limited reported revenue of ₹34.27 Cr (up 64% YoY) for FY 2018.

Revenue · FY 2018
₹34.27 Cr ▲ 64%
Net profit · FY 2018
₹16.24 Lakh margin 0.5%
EBITDA · FY 2018
₹54.13 Lakh margin 1.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 64%
EBITDA CAGR growth
1 year
▲ 4%

Revenue rose 64% in the latest year. EBITDA rose 4% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2017-18FY 2016-17
Profit and Loss Statement
Revenue from Operations₹34.27 Cr
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹54.13 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹16.24 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

MetricsFY 2017-18FY 2016-17
Profitability
EBITDA Margin1.6%
Net Profit Margin0.5%
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

To see the full financial statements and ratios of Firstchoice Multiventures Private Limited, buy the company report.

Board of directors of Firstchoice Multiventures Private Limited

Firstchoice Multiventures has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Pappu Tiwari
Also directs: Signature City Realty Private Limited
Additional Director07 Oct 20197 Years 1 MonthsCurrent
Vikram Hemkiran Baliga
Also directs: Ascent Projects Management Private Limited, Ascent Web Solutions Private Limited, Casablanca Multiventures Private Limited
Director06 Jul 201610 Years 4 MonthsCurrent
View all directors

Peer comparison

Firstchoice Multiventures Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Gaurav & Pushker Telecoms Private Limited₹34.61 Cr (FY 2025)-4.0%Pilibhit, Uttar Pradesh, India
Firstchoice Multiventures Private Limitedthis company₹34.27 Cr (FY 2018)₹16.24 Lakh0.5%64.0%Mumbai, Maharashtra, India
Sunstrike Infocom Private Limited₹34.24 Cr (FY 2024)162.0%Delhi, India
NK Electrical Sales Agencies Private Limited₹34.22 Cr (FY 2025)22.0%Mumbai, Maharashtra, India

To see the full peer comparison of Firstchoice Multiventures Private Limited, buy the company report.

Auditor

Firstchoice Multiventures Private Limited is audited by R J RATHI & CO for the financial year 2018.

Auditor firmFinancial yearFirm registration number
R J RATHI & COFY 2018130023W

Shareholding

The shareholding of Firstchoice Multiventures Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Firstchoice Multiventures Private Limited, buy the company report.

Charges & borrowings

Open charges
₹20 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹20.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
01 Dec 2016100068747Others₹20 CrOpen

To see the full charge records of Firstchoice Multiventures Private Limited, buy the company report.

Total charge records: 1 View all charges

Credit ratings & regulatory alerts

Firstchoice Multiventures Private Limited was last rated by Brickwork on 19 Mar 2022.

Rating agencyRated onRating
Brickwork19 Mar 2022

To see the full credit ratings and regulatory alerts of Firstchoice Multiventures Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Firstchoice Multiventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Firstchoice Multiventures has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
2
Cancelled / inactive
2

To see the full GST registrations and return filing status of Firstchoice Multiventures Private Limited, buy the company report.

Recent activity

Firstchoice Multiventures Private Limited has 5 board changes on record since 2016: 2 appointments and 3 cessations. The latest: Mithun Dinesh Shah ceased to be Director on 07 Oct 2019.

AGM
Firstchoice Multiventures Private Limited last Annual general meeting of members was held on 21 Dec 2020 as per latest MCA records.
Filing
Firstchoice Multiventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Mumbai I.
Ceased
Mithun Dinesh Shah ceased to be Director.
Appointed
Pappu Tiwari was appointed as Additional Director.
Charges
A charge with Others of Rs. 20.00 Cr registered on 01 Dec 2016 with Charge ID 100068747 was modified on 09 Sep 2019.
Charges
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100068747 was registered on 01 Dec 2016.
Ceased
Hemant Bhuvanchand Joshi ceased to be Director.
Ceased
Hemant Maurya Ramsajivan ceased to be Director.
Appointed
Vikram Hemkiran Baliga was appointed as Director.
Incorporation
04 Jul 2016
Firstchoice Multiventures Private Limited was registered on 04 Jul 2016 with Roc Mumbai I & aged 10 years 4 months as per MCA records.

Frequently asked questions

Firstchoice Multiventures is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 04 July 2016 (10+ years old) and is registered under CIN U74999MH2016PTC283189.

Firstchoice Multiventures has 2 current directors:

The latest financial statements of Firstchoice Multiventures on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 21 December 2020. Year-wise statements from FY 2017 are in the company report.

No. Firstchoice Multiventures has 2 GST registrations on record and all of them are cancelled or inactive.

The CIN (Corporate Identification Number) of Firstchoice Multiventures is U74999MH2016PTC283189. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Firstchoice Multiventures has 1 court case on record: 1 filed by the company. 1 is pending.

Firstchoice Multiventures was incorporated on 04 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Firstchoice Multiventures by revenue are Gaurav & Pushker Telecoms Private Limited, Sunstrike Infocom Private Limited, NK Electrical Sales Agencies Private Limited, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).

Mithun Dinesh Shah ceased to be Director on 07 Oct 2019. Pappu Tiwari was appointed as Additional Director on 07 Oct 2019. Hemant Bhuvanchand Joshi ceased to be Director on 06 Jul 2016. Firstchoice Multiventures has 5 board changes on record in total.

Yes, Firstchoice Multiventures is registered as an MSME under Udyam registration (number: UDYAM-MH-19-0042330).

The registered office of Firstchoice Multiventures is at Shop No. 185 1st Floor Citi Mall New Link Road Andheri West Mumbai – 40, 0053, Maharashtra, India – 400053.