Firstock Broking Private Limited
About Firstock Broking Private Limited
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Firstock Broking Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 05 October 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U67120KA2007PTC044047. Its GSTIN is 29AACCN5992M1ZN (Karnataka).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It was formerly known as Nco Insurance Broking Private Limited. It is led by directors Vikram Ayanur Venkatesh and Suhasini Krishnananda Nayak.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.78 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹1.64 Cr (net margin 9.2%) and EBITDA of ₹2.51 Cr (EBITDA margin 14.1%). Revenue has grown at a compounded annual rate (CAGR) of 75% over three years and 85% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Firstock. As per MCA filings, the company has open charges of ₹22 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Firstock Broking has undergone 2 name changes throughout its history. The company was previously known as Nco Insurance Broking Private Limited, and Firstock Broking Private Limited. The current legal name is Firstock Broking Private Limited.
| Company Name | Status |
|---|---|
| Firstock Broking Private Limited | Current |
| Nco Insurance Broking Private Limited | Previous |
CIN history
Firstock Broking has one previous CIN (Corporate Identification Number): U66030KA2007PTC044047. The current CIN is U67120KA2007PTC044047, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120KA2007PTC044047 | Current |
| U66030KA2007PTC044047 | Previous |
Contact details
Firstock Broking Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. 350 1st Floor 36th A Cross 7th Main Road, 5th Block Jayanagar, Bangalore, Karnataka, India – 560041
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Firstock Broking 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
Brands
Firstock Broking operates one associated brand: Firstock. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| An app-based platform for investing in capital market assets, enabling user-friendly access to financial opportunities. | thefirstock.com |
Business activity
The main business activity of Firstock Broking 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 Firstock Broking Private Limited, buy the company report.
Financials of Firstock Broking Private Limited
FY 2025 filings availableFirstock Broking Private Limited reported revenue of ₹17.78 Cr (down 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 85%. EBITDA fell 43% 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 | ₹2.51 Cr | ||||
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| Net Profit (PAT) | ₹1.64 Cr | ||||
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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 | 14.1% | ||||
| Net Profit Margin | 9.2% | ||||
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To see the full financial statements and ratios of Firstock Broking Private Limited, buy the company report.
Board of directors of Firstock Broking Private Limited
Firstock Broking has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikram Ayanur Venkatesh Also directs: Fli Edutech LLP, Merugiri Private Limited | Director | 15 Jan 2021 | 5 Years 9 Months | Current |
| Suhasini Krishnananda Nayak | Director | 31 Mar 2014 | 12 Years 6 Months | Current |
Peer comparison
Firstock Broking Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Broking Services), with the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jaguar Consultants Private Limited | ₹17.84 Cr (FY 2025) | 30.0% | Chandigarh, India | |||
| Firstock Broking Private Limitedthis company | ₹17.78 Cr (FY 2025) | ₹1.64 Cr | 9.2% | -8.0% | 17 | Bangalore, Karnataka, India |
| Bhala Operations Private Limited | ₹17.75 Cr (FY 2025) | -12.0% | Jaipur, Rajasthan, India | |||
| International Money Matters Private Limited | ₹17.66 Cr (FY 2025) | 31.0% | Bangalore, Karnataka, India | |||
| Coimbatore Capital Limited | ₹17.64 Cr (FY 2025) | 5.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Firstock Broking Private Limited, buy the company report.
Auditor
Firstock Broking Private Limited is audited by A R N SURANA & CO for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A R N SURANA & CO | FY 2024 | 021931S |
Shareholding
The shareholding of Firstock Broking Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Firstock Broking Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Jun 2025 | 101119349 | Hdfc Bank Limited | ₹11 Cr | Open | |
| 03 Mar 2025 | 101061839 | Others | ₹3 Cr | Open | |
| 19 Sep 2024 | 100979848 | Others | ₹8 Cr | Open |
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Firstock Broking Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Firstock Broking Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Firstock Broking Private Limited has a workforce of 17 employees on its EPFO records as of Jan 12, 2025, across 1 active EPFO establishment.
GST
Firstock Broking has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCN5992M1ZN | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Firstock Broking Private Limited, buy the company report.
Recent activity
Firstock Broking Private Limited has 9 board changes on record since 2007: 2 appointments and 7 cessations. The latest: Shivapooja Gopalshety Ramkumar ceased to be Managing Director on 16 Dec 2021.
3 earlier events are in the company report.
Frequently asked questions
Firstock Broking is an active private limited company based in Bangalore, Karnataka, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 05 October 2007 (19+ years old) and is registered under CIN U67120KA2007PTC044047.
Firstock Broking has 2 current directors:
- Vikram Ayanur Venkatesh - Director
- Suhasini Krishnananda Nayak - Director
The latest financial statements of Firstock Broking on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Firstock Broking is 29AACCN5992M1ZN, registered in Karnataka.
The CIN (Corporate Identification Number) of Firstock Broking is U67120KA2007PTC044047. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Firstock Broking was incorporated on 05 October 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Firstock Broking by revenue are Jaguar Consultants Private Limited, Bhala Operations Private Limited, International Money Matters Private Limited, Coimbatore Capital Limited, all in the BFSI industry (Broking Services), with the same principal business activity (financial advisory, brokerage and consultancy services).
Shivapooja Gopalshety Ramkumar ceased to be Managing Director on 16 Dec 2021. Vikram Ayanur Venkatesh ceased to be Additional Director on 30 Sep 2021. Indira Subbaraya Nayak ceased to be Director on 01 Jun 2021. Firstock Broking has 9 board changes on record in total.
The registered office of Firstock Broking is at No. 350 1st Floor 36th A Cross 7th Main Road, 5th Block Jayanagar, Bangalore, Karnataka, India – 560041.
Firstock Broking operates in the financial services industry, in the brokerage and trading services segment.
Firstock Broking has open charges of ₹22 Cr and no satisfied charges on record as per latest MCA filings.