About First Games Technology Private Limited
Data last updated:
First Games Technology Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Paytm Entertainment Limited. It operates in the online gaming platforms segment of the internet and digital services sector. It was incorporated on 13 November 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U63999DL2017PTC325912. Its GSTIN is 09AAQCA2206H1ZQ (Uttar Pradesh). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹125 Cr and a paid-up capital of ₹124.06 Cr. It was formerly known as Acumen Game Entertainment Private Limited and Paytm First Games Private Limited. It is led by directors including Garima Agrawal and Monica Maria Nunes.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 136 Ist Floor Devika Tower Nehru Place, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2025, the company reported a revenue of ₹98.51 Cr, a decline of 56% compared to the previous year. For the same year it recorded a net loss of ₹107.3 Cr (net margin -108.9%) and EBITDA of -₹62.34 Cr (EBITDA margin -63.3%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 38% over five years.
The company has about 153 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Arise Iip and First Games. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it. The company has 4 deals on record (4 rights issues); the latest was in April 2020. The company has 12 MSME Form 1 returns on record between 2019 and 2024, listing 280 overdue payments to 54 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website firstgames.in.
Company details
Name history
First Games Technology has undergone 3 name changes throughout its history. The company was previously known as Acumen Game Entertainment Private Limited, Paytm First Games Private Limited, and Gamepind Entertainment Private Limited. The current legal name is First Games Technology Private Limited.
| Company Name | Status |
|---|---|
| First Games Technology Private Limited | Current |
| Acumen Game Entertainment Private Limited | Previous |
| Paytm First Games Private Limited | Previous |
| Gamepind Entertainment Private Limited | Previous |
CIN history
First Games Technology has one previous CIN (Corporate Identification Number): U74999DL2017PTC325912. The current CIN is U63999DL2017PTC325912, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U63999DL2017PTC325912 | Current |
| U74999DL2017PTC325912 | Previous |
Contact details
First Games Technology Private Limited's registered office is in New Delhi, Delhi.
- Social Media
- Registered Address136 Ist Floor Devika Tower Nehru Place, New Delhi, Delhi, India – 110019
- IndustryInternet, Online Gaming Platforms
- 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
First Games Technology operates two associated brands: ARISE IIP and First Games. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Industrial ecosystems are developed and operated for economic growth. | ariseiip.com | |
| Fantasy sports platform for cricket, rummy, and poker is developed. | firstgames.in |
Business activity
The main business activity of First Games Technology is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of First Games Technology Private Limited, buy the company report.
Financials of First Games Technology Private Limited
FY 2025 filings availableFirst Games Technology Private Limited reported revenue of ₹98.51 Cr (down 56% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 56% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 38%. EBITDA fell 309% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹62.34 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹107.3 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -63.3% | ||||
| Net Profit Margin | -108.9% | ||||
| 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 First Games Technology Private Limited, buy the company report.
Board of directors of First Games Technology Private Limited
First Games Technology has 4 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Garima Agrawal Also directs: Paytm Money Limited | Director | 12 Jun 2025 | 1 Years 4 Months | Current |
| Monica Maria Nunes | Director | 23 Sep 2022 | 4 Years 1 Months | Current |
| Rahul Gupta | Director | 28 Sep 2022 | 4 Years 0 Months | Current |
| Madhur Deora Also directs: Mobiquest Mobile Technologies Private Limited, Paytm Cloud Technologies Limited, Paytm Payments Services Limited and 4 more | Director | 27 Jul 2021 | 5 Years 2 Months | Current |
Deals & funding
First Games Technology Private Limited has 4 deals on record (4 rights issues); the latest was in April 2020.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2020 | Rights issue | ₹40.75 Cr | Investors: AGTech Media Holdings Limited |
| Mar 2020 | Rights issue | ₹48.79 Cr | Investors: Paytm Cloud Technologies Limited |
| Oct 2019 | Rights issue | ₹56.73 Cr | Investors: Paytm Cloud Technologies Limited , AGTech Media Holdings Limited |
| Jun 2018 | Rights issue | ₹108.5 Cr | Investors: Paytm Cloud Technologies Limited , AGTech Media Holdings Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
First Games Technology Private Limited has 3 court cases on record: 1 filed by First Games Technology, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 1 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Court case (CWP-PIL) | Filed against the company | Disposed |
| Supreme Court | Writ petition | Filed by the company against Union of India | Disposed |
| District court, West, Delhi | Court case (OMP (I) (COMM.)) | Filed against the company by Orix Leasing Financial Service India Ltd | Disposed |
To see the full case history of First Games Technology 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
First Games Technology Private Limited has 12 MSME Form 1 returns on record between 2019 and 2024, listing 280 overdue payments to 54 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 54)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Karza Technologies Private Limited | |||
| Adsplay International | |||
| Adsphire Media Private Limited | |||
| Hyprmobil Media LLP | |||
| Lex Orbis |
To see the full MSME payment records of First Games Technology Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
First Games Technology has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAQCA2206H1ZQ | Uttar Pradesh | Active | 27 Feb 2018 |
| 27AAQCA2206H1C3 | Maharashtra | Active | 20 Mar 2021 |
| 36AAQCA2206H1C4 | Telangana | Active | 20 Mar 2021 |
To see the full GST registrations and return filing status of First Games Technology Private Limited, buy the company report.
Recent activity
First Games Technology Private Limited has 17 board changes on record since 2018: 4 appointments and 13 cessations. The latest: Garima Agrawal ceased to be Additional Director on 28 Sep 2025.
8 earlier events are in the company report.
News
Frequently asked questions
First Games Technology is an active private limited company based in New Delhi, Delhi, India. The company works in online gaming platforms, within the internet industry. It was incorporated on 13 November 2017 (9+ years old) and is registered under CIN U63999DL2017PTC325912.
First Games Technology has 4 current directors:
- Garima Agrawal - Director
- Monica Maria Nunes - Director
- Rahul Gupta - Director
- Madhur Deora - Director
The latest financial statements of First Games Technology on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of First Games Technology is 09AAQCA2206H1ZQ, registered in Uttar Pradesh. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AAQCA2206H1C3 (Maharashtra), 36AAQCA2206H1C4 (Telangana).
The CIN (Corporate Identification Number) of First Games Technology is U63999DL2017PTC325912. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
First Games Technology has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the district courts.
First Games Technology was incorporated on 13 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
First Games Technology has 4 deals on record (4 rights issues); the latest was in April 2020.
Garima Agrawal ceased to be Additional Director on 28 Sep 2025. Garima Agrawal was appointed as Director on 12 Jun 2025. Nikhil Kumar Jain ceased to be Additional Director on 11 Jun 2025. First Games Technology has 17 board changes on record in total.
First Games Technology has 12 MSME Form 1 returns on record between 2019 and 2024, listing 280 overdue payments to 54 micro and small suppliers. The latest return was filed on 26 Apr 2024.
First Games Technology can be reached through the website firstgames.in. Its registered office is in New Delhi, Delhi, India.