Web18 Software Services Limited - Due diligence report

A 360° intelligence report on Firstpost: trust score, financial health, credit view, compliance, directors, growth and distress signals - ge…

2006-07-10 Mumbai, Maharashtra Amalgamated Unlisted
View plans
WS Web18 Software Services Limited

Firstpost — 360° Intelligence Report

Generated from MCA filings & public records
39/100
Trust Score
Caution Indicated

Firstpost is assessed as Caution Indicated with a Trust Score of 39/100. Firstpost is a public limited indian non-government company incorporated in 2006, operating in the Information Technology sector. Reported revenue has declined across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and high financial risk profile.

Report generated on 13 Jun 2026 from the latest processed filings. Web18 Software Services Limited snapshot & full profile →

Overall Assessment CautionWeakNeutralGoodStrong Weak
Compliance › Caution

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreCaution Indicated
39/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
23/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
5/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
45/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreCaution Indicated
40/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
20/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

Get full access

Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 45/100 Caution Indicated
  • Negative operating earnings - debt service depends on external support.
  • No open charges - unencumbered balance sheet.

Charges position: 0 open (-) · 0 satisfied (-).

Compliance Score: 23/100 Caution Indicated
  • Company status is "Amalgamated" - not Active.
  • Last balance sheet is for Mar 2017 - filings overdue.
  • Litigation present in 1 court forum(s).
Legal cases on record (1)
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
KARANVIR SINGH GILL 01234567 Director 01/04/2018 6 yrs Approved
DEEPAK GUPTA 01234567 Director 01/04/2018 6 yrs Approved
SANJIV KULSHRESHTHA 01234567 Director 01/04/2018 6 yrs Approved
  • 3 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
06

Ownership & Group Intelligence

As per FY 2017 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
E-18 Limited
Subsidiaries
-
Group entities
-
Capital events
2 allotment(s) · 7 transfer(s)

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Group entityRelationship% held
E-18 Limited Holding Company 74.00%

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 40 · Distress 20
Growth signals & trust indicators
Operating for 19+ years.
Distress signals & risk flags
Revenue declined year-on-year.
Negative net worth.
Statutory filings appear overdue.
Adverse company status: Amalgamated.
Compliance score is weak (23/100).
1 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence27/100
Caution indicated
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 4 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment28/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance gaps should be priced into terms.
Investor view28/100
Limited indicators at present
Growth quality and scalability through an investor lens.
  • No clear growth signals in the filed years.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
23 Sep 2017
Director ceased
DEEPAK GUPTA
Last AGM held
Annual general meeting
31 Mar 2017
Share transfer (FY 2017)
1.00000000 shares to Ratnesh
Share transfer (FY 2017)
1.00000000 shares to Kumar Ramesh
Share transfer (FY 2017)
1.00000000 shares to Singh Karanvir
Latest balance sheet
Filed with ROC
23 Feb 2017
Director appointed
DEEPAK GUPTA (Director)
Director ceased
HARIHARAN MAHADEVAN
28 Sep 2016
Director ceased
KARANVIR SINGH GILL
31 Mar 2016
Share transfer (FY 2016)
1.00000000 shares to Deepak
Share transfer (FY 2016)
1.00000000 shares to Yug
Share transfer (FY 2016)
1.00000000 shares to Sunil
Share transfer (FY 2016)
1.00000000 shares to Sanjiv
01 Oct 2015
Director appointed
KARANVIR SINGH GILL (Director)
29 Sep 2015
Director ceased
SANJIV KULSHRESHTHA
10

Key Observations

Auto-generated from the data above
Revenue declined 38% over the last 4 financial year(s).
Net profit margin moved from 1.42 to 2.1x.
3 active director(s) / partner(s); board looks stable and experienced.
Promoters hold a dominant controlling stake as per the FY 2017 annual return.
Capital has been raised through 2 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Quastech Software Private Limited U72200WB2011PTC165841 Kolkata, West Bengal, India
Neomorphic Systems Private Limited U72200PN2012PTC143036 Pune, Maharashtra, India
Appliconsultants Technologies Private Limited U72300DL2013PTC258200 New Delhi, Delhi, India
Florin Technologies Private Limited U72300WB2013PTC198401 Kolkata, West Bengal, India
Sterizo Systems Private Limited U72900MH2013PTC247352 Nagpur, Maharashtra, India
Pellucid Technologies Private Limited U72900DL2009PTC193143 New Delhi, Delhi, India
Orious System U72200KA2012PTC064601 Bangalore, Karnataka, India
Innergy Services Private Limited U72900PY2011PTC002583 Puducherry, Pondicherry, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Firstpost before audits and certifications: compliance score 23/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Firstpost: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Enhanced diligence advised. Credit risk score 45/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Limited indicators at present. Growth score 40/100, margin trends, ownership structure and peer set for Firstpost - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Caution indicated. Trust score 39/100, distress signals and MSME payment-delay disclosures - know whether Firstpost pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (1 case(s) on record), regulatory flags, charge documents trail and director networks for Firstpost - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Firstpost an active company?

Firstpost has MCA status “Amalgamated” with a compliance score of 23/100 (Caution Indicated).

Is Firstpost financially healthy?

Firstpost has a Financial Health Score of 5/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Firstpost?

Its overall Trust Score is 39/100 (Caution Indicated). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Firstpost?

The ultimate holding entity is E-18 Limited. 3 active director(s) are on record.

Does Firstpost have loans or charges against its assets?

No charges are registered against this company - an unencumbered balance sheet.

Is Firstpost up to date with its ROC filings?

Last balance sheet is for Mar 2017 - filings overdue. Overall compliance score: 23/100 (Caution Indicated).

Is it risky to lend to Firstpost?

Its Credit Risk Score is 45/100 (Caution Indicated). Banker verdict: Enhanced diligence advised.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.