Free A Billion Private Limited

Digital media services, data analytics, business consultancy, webpage design, software development for domestic and foreign clients.

2012 | Mumbai, Maharashtra (India) | Active
Last Updated: December 14, 2024

Free A Billion Profile

Key Indicators

  • Authorised Capital ₹ 23.00 Cr
  • Paid Up Capital ₹ 2.09 Cr
  • Company Age 12 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -57.91%
  • Profit Growth 57.63%
  • Ebitda 57.89%
  • Net Worth -15.89%
  • Total Assets -50.27%

About Free A Billion

Free A Billion Private Limited (FABPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 February 2012 and has a history of 12 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Niti Digital Private Limited. The Company is engaged in the Information Technology 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 23.00 Cr and a paid-up capital of Rs 2.09 Cr, as per Ministry of Corporate Affairs (MCA) records.

Chandanmal Jain, Rajesh Jain, Bhavana Jain, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72900MH2012PTC226614

  • Company No.

    226614

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Feb 2012

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Information Technology

Who are the key members and board of directors at Free A Billion?

Board Members (4)

Name Designation Appointment Date Status
Chandanmal Jain Country flag representing In Director 17-Nov-2014 Current
Rajesh Jain Country flag representing In Director 09-Feb-2012 Current
Bhavana Jain Country flag representing In Director 17-Nov-2014 Current
Pushpa Jain Country flag representing In Director 17-Nov-2014 Current

Financial Performance of Free A Billion.

Free A Billion Private Limited, for the financial year ended 2016, experienced significant reduction in revenue, with a 57.91% decrease. The company also saw a substantial improvement in profitability, with a 57.63% increase in profit. The company's net worth observed a substantial decline by a decrease of 15.89%.

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
-57.91%
Revenue from Operations
-66.88%
Total Assets
-50.27%
Profit or Loss
57.63%
Net Worth
-15.89%
EBITDA
57.89%

What is the Ownership and Shareholding Structure of Free A Billion?

In 2017, Free A Billion had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Free A Billion?

Free A Billion has a workforce of 38 employees as of Apr 07, 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 Free A Billion, 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 Free A Billion'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 Free A Billion

Recent activity within the organization

  • Annual General Meeting

    Free A Billion Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Free A Billion Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Chandanmal Chunilal Jain was appointed as a Director was appointed as a Director on 17 Nov 2014 & has been associated with this company since 10 years 2 months .

    17 Nov 2014

  • Director Appointment

    Bhavana Rajesh Jain was appointed as a Director was appointed as a Director on 17 Nov 2014 & has been associated with this company since 10 years 2 months .

    17 Nov 2014

  • Director Appointment

    Pushpa Chandanmal Jain was appointed as a Director was appointed as a Director on 17 Nov 2014 & has been associated with this company since 10 years 2 months .

    17 Nov 2014

  • Director Appointment

    Rajesh Chandanmal Jain was appointed as a Director was appointed as a Director on 09 Feb 2012 & has been associated with this company since 12 years 11 months .

    09 Feb 2012

Frequently asked questions

  • Free A Billion Private Limited was incorporated on 09 Feb 2012.

  • The authorized share capital of Free A Billion Private Limited is ₹ 23.00 Cr and paid-up capital is ₹ 2.09 Cr.

  • Currently 4 directors are associated with Free A Billion Private Limited.

    • Chandanmal Chunilal Jain
    • Rajesh Chandanmal Jain
    • Bhavana Rajesh Jain
    • Pushpa Chandanmal Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Free A Billion Private Limited is 801-804 8Th Floor Peninsula Corporate Park Ganpatrao Kadam Marg Delisle Road Lowe R Parel, India, Mumbai, Maharashtra, 400013.

  • The corporate identification number (CIN) of Free A Billion Private Limited is U72900MH2012PTC226614 and the company number is 226614 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Free A Billion Private Limited is https://www.freeabillion.com

  • According to the financial reports for the fiscal year 2016, the revenue trend for Free A Billion Private Limited has fallen by -57.91%.

  • As Per 2016 financial reports, 38 employees are currently employed by Free A Billion Private Limited.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Free A Billion Private Limited has experienced an downturn of -15.89%.

  • The most recent Balance Sheet for Free A Billion Private Limited was filed with the ROC on 31 Mar 2023.

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