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FirstMeridian Essentials
As of September 08, 2024, FirstMeridian Business Services, Unlisted share price is ₹None per share and the face value is ₹10.00/share. The lot size of FirstMeridian Business Services is None shares. The 52-week high for FirstMeridian Business Services stock price is ₹None, while the 52-week low is ₹None
An International Securities Identification Number (ISIN) is a code that uniquely identifies a specific securities issue. The numbers are allocated by a country's respective national numbering agency (NNA).
Value of a security, as stated by its issuer. It has no relation with market price of the stock.
Total shares or total number of shares outstanding represents the amount of stock on the open market, including shares held by institutional investors and restricted shares held by insiders and company officers.
A sector is an area in which businesses share the same or a related product or service. It can also be known as an industry or market that shares common operating characteristics
Subsectors are the divisions of a sector. They are areas that vary from the rest of the sector substantially enough to justify creating a plan just for the subsector.
Category is defined as a class or division of things regarded as having particular shared characteristics.
FirstMeridian Growth
Compounded Sales Growth
Highlights
- Young and Growing: Established in 2018, FirstMeridian is a relatively new player in the HR space, but they've seen impressive growth. They've become a prominent force by focusing on comprehensive HR solutions, going beyond just basic staffing.
- National Reach, Local Focus: FirstMeridian boasts a wide network of branches across India, allowing them to serve a diverse clientele. With over 1200 clients spread across various industries, they cater to both national and regional businesses. This extensive reach positions them as a major player in the Indian HR market.
- Financial Highlights: The revenue of the company has increased from ₹2,110 in FY21 to ₹2,862 Cr in FY22, representing a growth of 35.6%. The net income of the company has increased from a loss of -₹33 Cr in FY21 to -₹34 Cr in FY22.
Business Rating
Our Team
Monali Joshi is the Company Secretary and Compliance Officer of the Company. She is an associate member of the Institute of Company Secretaries of India. She is also associated with our subsidiary, Innovsource Services Private Limited as a Company Secretary.
Satish Srinivasan is the Group Chief Financial Officer of the Company. e is an associate member of the Institute of Chartered Accountants of India and holds a bachelor’s degree in commerce from the Madurai Kamaraj University, Madurai, Tamil Nadu obtained in 1992.
