About Firstrand Services Private Limited
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Firstrand Services Private Limited is a foreign private limited company based in Navi Mumbai, Maharashtra, India, a subsidiary of Rmb Investments And Advisory Proprietory Limited. It operates in the business process outsourcing sector. It was incorporated on 22 March 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2013FTC241274. Its GSTIN is 27AACCF1607R1ZD (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹4.8 Cr and a paid-up capital of ₹2.13 Cr. It is led by directors including Rajesh John Renick (Managing Director) and Vinit Anand.
Its last annual general meeting (AGM) was held on 17 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Navi Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹368.47 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹52.25 Cr (net margin 14.2%) and EBITDA of ₹69.12 Cr (EBITDA margin 18.8%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 27% over five years.
The company has about 539 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: FRSPL. As per MCA filings, the company has open charges of ₹14.44 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it. The company has 1 deal on record (1 rights issue); the latest was in September 2016.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website frspl.co.in.
Company details
Contact details
Firstrand Services Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is frspl.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit 9 And 10 17th Floor Building Q1 Ttc Industrial Area Thane Belapur Road, Ghansoli, Navi Mumbai, Maharashtra, India – 400710
- IndustryBusiness Outsourcing, Business Process Outsourcing
To see the full contact details of Firstrand Services 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
Firstrand Services operates one associated brand: FRSPL. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT services including infrastructure, development, and business solutions in India. | frspl.co.in |
Business activity
The main business activity of Firstrand Services is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Firstrand Services Private Limited, buy the company report.
Financials of Firstrand Services Private Limited
FY 2025 filings availableFirstrand Services Private Limited reported revenue of ₹368.47 Cr (up 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 17% growth in the latest year. EBITDA rose 21% 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 | ₹69.12 Cr | ||||
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| Net Profit (PAT) | ₹52.25 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 18.8% | ||||
| Net Profit Margin | 14.2% | ||||
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To see the full financial statements and ratios of Firstrand Services Private Limited, buy the company report.
Board of directors of Firstrand Services Private Limited
Firstrand Services has 4 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinit Anand | Director | 15 Nov 2022 | 3 Years 11 Months | Current |
| Rajesh John Renick | Managing Director | 10 Mar 2016 | 10 Years 7 Months | Current |
| Anupa Pandurang Chodankar | Director | 05 Mar 2019 | 7 Years 7 Months | Current |
| Joseph Alan Vickery | Director | 01 Jul 2016 | 10 Years 3 Months | Current |
Auditor
Firstrand Services Private Limited is audited by Deloitte Haskins & Sells for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells | FY 2023 | 117365W |
Shareholding
The shareholding of Firstrand Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Firstrand Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Feb 2020 | 100328334 | Axis Bank Limited | ₹5 Cr | Open | |
| 07 Feb 2020 | 100328336 | Axis Bank Limited | ₹8.44 Cr | Open | |
| 27 Jun 2017 | 100115676 | Hdfc Bank Limited | ₹1 Cr | Open |
Total charge records: 3 View all charges
Deals & funding
Firstrand Services Private Limited has 1 deal on record (1 rights issue); the latest was in September 2016.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2016 | Rights issue | ₹3 Cr | Investors: RMB Investment And Advisory Proprietary Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Firstrand Services Private Limited has 3 court cases on record: 1 filed by Firstrand Services, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (MCC ULP) | Filed against the company by an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Revn. Appln. ULP) | Filed by the company against an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Comp ULP) | Filed against the company by an individual | Disposed |
To see the full case history of Firstrand Services Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Firstrand Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Firstrand Services Private Limited has a workforce of 539 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Firstrand Services has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCF1607R1ZD | Maharashtra | Active | 01 Jul 2017 |
| 27AACCF1607R2ZC | Maharashtra | Active | 09 Jan 2020 |
To see the full GST registrations and return filing status of Firstrand Services Private Limited, buy the company report.
Recent activity
Firstrand Services Private Limited has 18 board changes on record since 2014: 4 appointments and 14 cessations. The latest: Vinit Anand ceased to be Additional Director on 15 Aug 2023.
12 earlier events are in the company report.
Frequently asked questions
Firstrand Services is an active foreign private limited company based in Navi Mumbai, Maharashtra, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 22 March 2013 (13+ years old) and is registered under CIN U74120MH2013FTC241274.
Firstrand Services has 4 current directors:
- Rajesh John Renick - Managing Director
- Vinit Anand - Director
- Anupa Pandurang Chodankar - Director
- Joseph Alan Vickery - Director
The latest financial statements of Firstrand Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 17 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Firstrand Services is 27AACCF1607R1ZD, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AACCF1607R2ZC (Maharashtra).
The CIN (Corporate Identification Number) of Firstrand Services is U74120MH2013FTC241274. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Firstrand Services has 3 court cases on record: 1 filed by the company and 2 filed against it.
Firstrand Services was incorporated on 22 March 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Firstrand Services has 1 deal on record (1 rights issue); the latest was in September 2016.
Vinit Anand ceased to be Additional Director on 15 Aug 2023. Vinit Anand was appointed as Director on 15 Nov 2022. Swapnil Ashok Naik ceased to be Additional Director on 24 Sep 2020. Firstrand Services has 18 board changes on record in total.
Firstrand Services can be reached through the website frspl.co.in. Its registered office is in Navi Mumbai, Maharashtra, India.