Freedom Automobiles Profile
Key Indicators
- Authorised Capital ₹ 6.00 M
- Paid Up Capital ₹ 4.62 M
- Company Age 20 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 3.92 Cr
- Revenue Growth -99.37%
- Profit Growth -99.80%
- Ebitda 93.59%
- Net Worth 0.51%
- Total Assets -6.94%
About Freedom Automobiles
Freedom Automobiles Private Limited (FAPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 July 2004 and has a history of 20 years and six months. Its registered office is in Khorda, Odisha, India.
The Company is engaged in the Automotive Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 6.00 M and a paid-up capital of Rs 4.62 M.
The company currently has active open charges totaling ₹3.92 Cr.
Rohit Khemka, Asish Lath, Sanjay Lath, and Two other members serve as directors at the Company.
Company Details
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Location
Khorda, Odisha, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U50101OR2004PTC007675
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Company No.
007675
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
13 Jul 2004
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Cuttack
Industry
Who are the key members and board of directors at Freedom Automobiles?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sanjay Lath
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Managing Director | 01-Sep-2004 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Rohit Khemka
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Director | 01-Sep-2004 | Current |
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Asish Lath
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Director | 27-Jun-2015 | Current |
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Ramawatar Khemka
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Director | 01-Sep-2004 | Current |
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Reena Lath
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Director | 13-Jul-2004 | Current |
Financial Performance of Freedom Automobiles.
Freedom Automobiles Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 99.37% decrease. The company also saw a substantial fall in profitability, with a 99.8% decrease in profit. The company's net worth moved up by a moderate rise of 0.51%.
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What is the Ownership and Shareholding Structure of Freedom Automobiles?
In 2019, Freedom Automobiles had a promoter holding of 42.15% and a public holding of 57.86%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Jaico Consultants Pvt LtdSanjay Lath, Ramawatar Khemka and 1 more are mutual person
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Odisha Capital Market & Enterprises Limited
Sanjay Lath is a mutual person
Charges (Loans)
₹39.20 M
₹0
Charges Breakdown by Lending Institutions
- Others : 3.08 Cr
- State Bank Of India : 0.80 Cr
- Citi Bank Finaance : 0.03 Cr
- Union Bank Of India : 0.01 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Dec 2015 | Others | ₹3.08 Cr | Open |
| 13 Dec 2006 | Union Bank Of India | ₹0.06 M | Open |
| 28 Jul 2005 | State Bank Of India | ₹8.00 M | Open |
| 07 Sep 2004 | Citi Bank Finaance | ₹0.34 M | Open |
How Many Employees Work at Freedom Automobiles?
Freedom Automobiles has a workforce of 29 employees as of Apr 08, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Freedom Automobiles, 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 Freedom Automobiles's trajectory.
Rating
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
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.
