First Fintec Ltd (Formerly known as IQMS Software Limited) was incorporated on 3rd March, 2000 as a Public Limited Company. The Company obtained Certificate for Commencement of Business on 13th March 2000. In the year 2000, the Company went in for an Initial Public Offering (IPO).
The Company is a Web-enabled Software Solution Provider with a primary focus on the Application Service Provision Model. Its expertise is largely in Internet Technologies, and the main goal of the company is to be Application Service Providers of generic MIS systems targeting SME's at a global level.
The Company was into development and implementation of software under the enterprise resource planning (also know as ERP) and in the course had taken up ERP consulting and development of proprietary application ... software for the implementation of ERP. Though the business of ERP kick started well, but due to the recession in USA during 2001 and 2003, the consulting business of the Company got affected. Subsequent to which the product development business was also affected. Thereafter, the Company went into the stage of Cash Flow crisis and on course non maintenance of staff and developers and all the projects remained unattended and unfurnished. The promoters and directors could not find any good scheme to revamp the organization and bring back the Company from the situation that it was in between 2003 and 2007.
The Company in the financial year 2007-08, with the help of Strategic Investors and Restructuring Advisors, with the induction of Fresh Equity through preferential issuance was brought back into stream of the business. The Company piloted the projects and was able to get some good clients during 2007-08. It acquired 51% of equity stake in Tractel Solutions Inc, USA during the year 2007-08.
During the year 2010-11, the Company made a preferential allotment of 8,61,720 equity shares to the Promoters, Strategic Investors and Others to meet the diversification and expansion requirements mainly for its e-learning initiatives and setting up facilities in SEZs. Further, the Company amalgamated with M/s. Pre School Analytics Pvt Ltd through the Scheme of Arrangement which was made effective from 1st April, 2010.
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FAQs on First Fintec Ltd
1. Can I buy First Fintec Ltd from PL Capital? ›
Yes, you can invest in First Fintec Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track First Fintec Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade First Fintec Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does First Fintec Ltd pay dividends? ›
First Fintec Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of First Fintec Ltd ? ›
As of
23-09-2025 the share price for First Fintec Ltd. is 6.68 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of First Fintec Ltd ? ›
The 52-week high and low of First Fintec Ltd share price is ₹ 5.25 - ₹ 11.74 as of
23-09-2025 .
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