About Firstmeridian Business Services Limited
Data last updated: 19 January 2026
Firstmeridian Business Services Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Manpower Solutions Limited. It specialises in business and IT consulting, a part of the broader business process outsourcing sector. Incorporated on 20 February 2018, the company has been in operation for over 8 years.
Registered with ROC Mumbai under CIN U74999MH2018PLC371978.
Capital: an authorised share capital of ₹125 Cr and a paid-up capital of ₹78.61 Cr. It is led by directors including Nilay Pratik and Manish Mehta.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹4,478.27 Cr, a growth of 21% compared to the previous year.
The company has a workforce of approximately 146 employees as per the latest available data. It operates as a subsidiary of Manpower Solutions Limited. Its group structure includes 4 subsidiaries.
The company is associated with 4 brands - Firstmeridian Business Services, First Meridian, Firstmeridian, V5 Global. As per MCA filings, the company has open charges of ₹10 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website firstmeridian.com.
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Registered Address401 4Th Floor Om Sadan Building Mehra Industrial Estate, Lbs Marg Behind Jaswanti Landmark Vikhroli West, Mumbai, Maharashtra, India – 400079
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IndustryBusiness Outsourcing, Business & IT Consulting, HR Outsourcing & Talent Management
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Firstmeridian Business Services Limited
Firstmeridian Business Services Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74999MH2018PLC371978, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999MH2018PLC371978 | Current |
| U74999KA2018PTC110311 | Previous |
| U74999MH2018PTC371978 | Previous |
Associated Brands with Firstmeridian Business Services Limited
Firstmeridian Business Services Limited operates multiple associated brands including FirstMeridian Business Services, First Meridian, and FirstMeridian. These brands represent Firstmeridian Business Services Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Offers HR technology solutions to help organizations and individuals achieve goals. | fmdigibi.com | |
| Provider of wide range of consulting services | firstmeridian.in | |
| Provider of recruitment and managed services | firstmeridian.com | |
| Provider of recruitment and staffing services | v5global.com |
Competitors & Alternatives of Firstmeridian Business Services Limited
Brands and companies operating in the same space as Firstmeridian Business Services Limited include EXL, TeamLease, Randstad and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
EXL
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Analytics and digital solutions for healthcare and banking are provided. | New York, United States, United States | 1999 |
TeamLease
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Staffing and recruiting services connect employers with job candidates. | Bengaluru, India, India | 2000 |
Randstad
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HR consulting, recruitment, and outsourcing services are offered worldwide. | Diemen, Netherlands, Netherlands | 1960 |
CIEL HR
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HR management, recruitment, and staffing services are provided. | Bengaluru, India, India | 2015 |
Alera Group
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HR, insurance, and liability services are provided by Alera Group. | Deerfield, United States, United States | 1995 |
UKG
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Provider of HR and payroll & workforce management solutions | Weston, United States, United States | 1977 |
Wanted
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HR management services are provided by Wanted in South Korea. | Seoul, South Korea, South Korea | 2015 |
Tredence
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AI consulting, supply chain, and customer analytics services are provided. | San Jose, United States, United States | 2013 |
Bullhorn
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Cloud-based ATS and CRM systems are offered for staffing agencies. | Boston, United States, United States | 1999 |
Gi Group
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End-to-end HR services are provided globally by Gi Group. | Milan, Italy, Italy | 1998 |
Business Activity of Firstmeridian Business Services Limited
Firstmeridian Business Services Limited is engaged in the principal business activity of support service to organizations, with detailed activities including placement agencies and hr management services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services | Locked |
Business activity turnover details for Firstmeridian Business Services Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
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Auditor Details of Firstmeridian Business Services Limited
Firstmeridian Business Services Limited is audited by B S R & Co. LLP for the financial year 2025. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B S R & Co. LLP | Locked | Locked | Locked |
Complete auditor history for Firstmeridian Business Services Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
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Board of Directors of Firstmeridian Business Services Limited
Firstmeridian Business Services Limited is currently managed by 6 directors, with 22 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nilay Pratik | Nominee Director | 21 Mar 2018 | 8 Years 4 Months | Current |
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Manish Mehta
Also directs:
Firstmeridian Business Services Limited, Samara Global Services Llp, Marigold Partners Llp and 5 more
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Nominee Director | 11 Sep 2018 | 7 Years 11 Months | Current |
| Pranay Luniya | Director | 20 Sep 2024 | 1 Years 10 Months | Current |
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Sudhakar Balakrishnan
Also directs:
Zaikenn Management Services Llp, New Lane Trading Llp, Cpm India Sales & Marketing Private Limited and 1 more
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Whole-Time Director | 21 Mar 2018 | 8 Years 4 Months | Current |
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Satya Prasan Rajguru
Also directs:
Firstmeridian Business Services Limited, Profitum Management Consulting Llp, Brand Field Management Consulting Llp and 2 more
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Director | 16 Jul 2024 | 2 Years 0 Months | Current |
| Sanjay Pichholia | Director | 20 Sep 2024 | 1 Years 10 Months | Current |
Financials of Firstmeridian Business Services Limited FY 2025 filings available
Firstmeridian Business Services Limited reported revenue of ₹4,478.27 Cr (up 21.00% YoY) for FY 2025.
Ten-year financial statements for Firstmeridian Business Services Limited
Historical statement values and trend charts require an active report plan.
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Ownership and Shareholding of Firstmeridian Business Services Limited
Shareholding and ownership data for Firstmeridian Business Services Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
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Group Structure of Firstmeridian Business Services Limited
Firstmeridian Business Services Limited has 4 subsidiary companies. This group structure data is as of FY 2024. The corporate group structure reflects Firstmeridian Business Services Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Firstmeridian Global Services Private Limited | U72300MH2005PTC417429 | Locked |
| Surge Forth Technologies Private Limited | U72900TN2008PTC067042 | Locked |
| Innovsource Services Private Limited | U74900MH2016PTC273940 | Locked |
| Innovsource Facilities Private Limited | U74999MH2017PTC291767 | Locked |
Showing major subsidiaries. Total: 4.
Charges & Borrowings of Firstmeridian Business Services Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Jan 2024 | Standard Chartered Bank | ₹10 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Firstmeridian Business Services Limited
Firstmeridian Business Services Limited has a workforce of 146 employees as of Jan 19, 2026.
Employee and EPFO history for Firstmeridian Business Services Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Firstmeridian Business Services Limited
GST registrations and filing compliance for Firstmeridian Business Services Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
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Credit Ratings, Litigation & Regulatory Alerts for Firstmeridian Business Services Limited
Credit ratings, litigation, and regulatory alerts for Firstmeridian Business Services Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
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MSME Payment Delays by Firstmeridian Business Services Limited
MSME payment history for Firstmeridian Business Services Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
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Subsidiaries & Group Companies of Firstmeridian Business Services Limited
Corporate group structure for Firstmeridian Business Services Limited
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MCA Filings & Documents of Firstmeridian Business Services Limited
MCA filings and documents for Firstmeridian Business Services Limited
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- Incorporation documents
- Annual returns and statements
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- Complete filing index
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Recent Activity on Firstmeridian Business Services Limited
Recent News on Firstmeridian Business Services Limited
Frequently Asked Questions about Firstmeridian Business Services Limited
Firstmeridian Business Services Limited is an active public limited company in the business outsourcing sector based in Mumbai, Maharashtra, India. It was incorporated on 20 February 2018 (8+ years old) and is registered under CIN U74999MH2018PLC371978. The company has 146 employees.
Firstmeridian Business Services Limited reported revenue of ₹4,478.27 Cr for FY 2025 (up 21.00% YoY).
The current directors of Firstmeridian Business Services Limited are:
- Nilay Pratik - Nominee Director
- Manish Mehta - Nominee Director
- Pranay Luniya - Director
- Sudhakar Balakrishnan - Whole-Time Director
- Satya Prasan Rajguru - Director
- Sanjay Pichholia - Director
The primary industry of Firstmeridian Business Services Limited is business outsourcing. The company specifically operates in business and IT consulting. The company is currently active in this sector.
Firstmeridian Business Services Limited can be reached at the registered office: 401 4Th Floor Om Sadan Building Mehra Industrial Estate, Lbs Marg Behind Jaswanti Landmark Vikhroli West, Mumbai, Maharashtra, India – 400079, or through the website firstmeridian.com.
The authorised capital is ₹125 Cr, and the paid-up capital is ₹78.61 Cr.