Counfreedise Retail Services Limited

E-commerce marketplace seller providing retail solutions, including warehousing, fulfillment, branding, and software solutions.

2018 | Bangaluru, Karnataka (India) | Active
Last Updated: January 23, 2025

Counfreedise Retail Services Profile

Key Indicators

  • Authorised Capital ₹ 1.70 Cr
  • Paid Up Capital ₹ 1.65 Cr
  • Company Age 6 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 24.24 Cr
  • Revenue Growth 37.87%
  • Profit Growth 8.60%
  • Ebitda 504.70%
  • Net Worth 32.31%
  • Total Assets 24.13%

About Counfreedise Retail Services

Counfreedise Retail Services Limited (CRSL) is a Public Limited Indian Non-Government Company incorporated in India on 03 May 2018 (Six years and nine months 9 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the E-Commerce Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.70 Cr and a paid-up capital of Rs 1.65 Cr.

The company currently has active open charges totaling ₹24.24 Cr.

Mahesh Abhinandan, Mahesh Sidharth, and Aishwarya Kalasad serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U74999KA2018PLC112826

  • Company No.

    112826

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 May 2018

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

E-Commerce

Who are the key members and board of directors at Counfreedise Retail Services?

Board Members (3)

Name Designation Appointment Date Status
Mahesh Abhinandan Country flag representing In Director 03-May-2018 Current
Mahesh Sidharth Country flag representing In Director 03-May-2018 Current
Aishwarya Kalasad Country flag representing In Director 20-Apr-2021 Current

Financial Performance of Counfreedise Retail Services.

Counfreedise Retail Services Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.87% increase. The company also saw a slight improvement in profitability, with a 8.6% increase in profit. The company's net worth Soared by an impressive increase of 32.31%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
37.87%
Revenue from Operations
42.90%
Total Assets
24.13%
Profit or Loss
8.60%
Net Worth
32.31%
EBITDA
504.70%

What is the Ownership and Shareholding Structure of Counfreedise Retail Services?

In 2023, Counfreedise Retail Services had a promoter holding of 88.30% and a public holding of 11.70%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹24.24 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 21.39 Cr
  • Axis Bank Limited : 2.86 Cr

Latest Charge Details

Date Lender Amount Status
27 Sep 2024 Axis Bank Limited ₹2.86 Cr Open
08 Sep 2022 Others ₹5.00 M Open
08 Mar 2021 Others ₹4.50 Cr Open
27 Jul 2020 Others ₹8.20 M Open
16 May 2020 Others ₹4.50 M Open

How Many Employees Work at Counfreedise Retail Services?

Counfreedise Retail Services has a workforce of 114 employees as of Mar 27, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Counfreedise Retail Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Counfreedise Retail Services's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Counfreedise Retail Services

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 2.86 Cr with Charge ID 100985078 was registered on 27 Sep 2024.

    27 Sep 2024

  • Charges

    A charge with Others of Rs. 4.50 Cr registered on 08 Mar 2021 with Charge ID 100429178 was modified on 24 Jun 2024.

    24 Jun 2024

  • Charges

    A charge with Others of Rs. 14.62 Cr registered on 07 Feb 2020 with Charge ID 100325599 was modified on 24 Jan 2024.

    24 Jan 2024

  • Annual General Meeting

    Counfreedise Retail Services Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Counfreedise Retail Services Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100613593 was registered on 08 Sep 2022.

    08 Sep 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Counfreedise Retail Services Limited was incorporated on 03 May 2018.

  • The authorized share capital of Counfreedise Retail Services Limited is ₹ 1.70 Cr and paid-up capital is ₹ 1.65 Cr.

  • Currently 3 directors are associated with Counfreedise Retail Services Limited.

    • Mahesh Kumar Abhinandan
    • Mahesh Kumar Sidharth
    • Aishwarya Shivayogi Kalasad
  • As per Ministry of Corporate Affairs (Mca), the registered address of Counfreedise Retail Services Limited is 51/1A2 Ay Heggadadevanapura Village Huskur Road Alur Post, Dasanapura Hobli India, Bangalore, Karnataka, 562162.

  • The corporate identification number (CIN) of Counfreedise Retail Services Limited is U74999KA2018PLC112826 and the company number is 112826 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Counfreedise Retail Services Limited is https://www.app.sellerbuymore.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Counfreedise Retail Services Limited has risen by 37.87%.

  • As Per 2023 financial reports, 114 employees are currently employed by Counfreedise Retail Services Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Counfreedise Retail Services Limited has experienced an upsurge of 32.31%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Counfreedise Retail Services Limited amount to ₹ 24.24 Cr.

  • The most recent Balance Sheet for Counfreedise Retail Services Limited was filed with the ROC on 31 Mar 2023.

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