About Firstrate Infotech Private Limited
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Firstrate Infotech Private Limited is a private limited company based in Secunderabad, Telangana, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 23 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72300TG2013PTC145181. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1.76 Lakh. It is led by directors including David Albert Stone and Goyal Veparala.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Secunderabad, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.09 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net loss of ₹7.12 Lakh (net margin -1.7%) and EBITDA of ₹4.91 Lakh (EBITDA margin 1.2%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 11% over five years.
The company has about 26 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: First Rate Infotech and First Rate. As per MCA filings, the company has open charges of ₹12.33 Lakh 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 firstrateindia.com.
Company details
CIN history
Firstrate Infotech has one previous CIN (Corporate Identification Number): U72300DL2013PTC255732. The current CIN is U72300TG2013PTC145181, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72300TG2013PTC145181 | Current |
| U72300DL2013PTC255732 | Previous |
Contact details
Firstrate Infotech Private Limited's registered office is in Secunderabad, Telangana. Its website is firstrateindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No.B – 5 H.No.135 4th Floor Nipun'S Akanksha Arcade Vayupuri Colony, Sainikpuri, Secunderabad, Telangana, India – 500094
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Firstrate Infotech 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
Firstrate Infotech operates two associated brands: First Rate Infotech and First Rate. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers accounting, payroll, compliance, and medical coding services worldwide. | firstrateindia.com | |
| Risk assessment, portfolio analysis, and compliance management solutions for companies | firstrate.com |
Business activity
The main business activity of Firstrate Infotech is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Firstrate Infotech Private Limited, buy the company report.
Financials of Firstrate Infotech Private Limited
FY 2025 filings availableFirstrate Infotech Private Limited reported revenue of ₹4.09 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 1% growth in the latest year. EBITDA rose 115% 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 | ₹4.91 Lakh | ||||
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| Net Profit (PAT) | -₹7.12 Lakh | ||||
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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 | 1.2% | ||||
| Net Profit Margin | -1.7% | ||||
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To see the full financial statements and ratios of Firstrate Infotech Private Limited, buy the company report.
Board of directors of Firstrate Infotech Private Limited
Firstrate Infotech has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| David Albert Stone Also directs: Firstrate Wealthtech Private Limited | Director | 23 Jul 2013 | 13 Years 3 Months | Current |
| Goyal Veparala | Director | 27 Nov 2021 | 4 Years 11 Months | Current |
| Jessica Pagadala | Director | 19 Jul 2018 | 8 Years 3 Months | Current |
Peer comparison
Firstrate Infotech Private Limited is compared with the 5 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Infrait Technologies Private Limited | ₹4.09 Cr (FY 2023) | 79.0% | Ahmedabad, Gujarat, India | |||
| Appstek Solutions Private Limited | ₹4.09 Cr (FY 2025) | 11.0% | Hyderabad, Telangana, India | |||
| Firstrate Infotech Private Limitedthis company | ₹4.09 Cr (FY 2025) | -₹7.12 Lakh | -1.7% | 1.0% | 26 | Secunderabad, Telangana, India |
| Indicsoft Technologies Private Limited | ₹4.09 Cr (FY 2025) | -46.0% | New Delhi, Delhi, India | |||
| Syena Infosoft Private Limited | ₹4.09 Cr (FY 2025) | 25.0% | Seri Lingampally Madhapur, Telangana, India | |||
| Impulsive Web Private Limited | ₹4.09 Cr (FY 2024) | 11.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Firstrate Infotech Private Limited, buy the company report.
Auditor
Firstrate Infotech Private Limited is audited by KORA SREEDEVI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KORA SREEDEVI | FY 2023 | 221072 |
Shareholding
The shareholding of Firstrate Infotech 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 Firstrate Infotech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Oct 2021 | 100495442 | Hdfc Bank Limited | ₹12.33 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Firstrate Infotech 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 Firstrate Infotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Firstrate Infotech Private Limited has a workforce of 26 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Firstrate Infotech has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Firstrate Infotech Private Limited, buy the company report.
Recent activity
Firstrate Infotech Private Limited has 4 board changes on record since 2013: 3 appointments and 1 cessation. The latest: Praveen Kumar Pagadala ceased to be Director on 25 Jan 2022.
News
Frequently asked questions
Firstrate Infotech is an active private limited company based in Secunderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 23 July 2013 (13+ years old) and is registered under CIN U72300TG2013PTC145181.
Firstrate Infotech has 3 current directors:
- David Albert Stone - Director
- Goyal Veparala - Director
- Jessica Pagadala - Director
The latest financial statements of Firstrate Infotech on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Firstrate Infotech has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Firstrate Infotech is U72300TG2013PTC145181. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Firstrate Infotech was incorporated on 23 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Firstrate Infotech by revenue are Infrait Technologies Private Limited, Appstek Solutions Private Limited, Indicsoft Technologies Private Limited, Syena Infosoft Private Limited, Impulsive Web Private Limited, all in the same principal business activity (computer programming, consultancy and related activities).
Praveen Kumar Pagadala ceased to be Director on 25 Jan 2022. Goyal Veparala was appointed as Director on 27 Nov 2021. Jessica Pagadala was appointed as Director on 19 Jul 2018. Firstrate Infotech has 4 board changes on record in total.
Firstrate Infotech can be reached through the website firstrateindia.com. Its registered office is in Secunderabad, Telangana, India.
The registered office of Firstrate Infotech is at Plot No.B – 5 H.No.135 4th Floor NipunS Akanksha Arcade Vayupuri Colony, Sainikpuri, Secunderabad, Telangana, India – 500094.
Firstrate Infotech operates in the information technology industry, in the IT consulting and support services segment.
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