Freedom Automobiles Private Limited
Sells commercial vehicles for private use.
2004 | Khorda, Odisha (India) | Active
Freedom Automobiles Profile
Key Indicators
- Authorised Capital ₹ 6.00 M
- Paid Up Capital ₹ 4.62 M
- Company Age 20 Year, 8 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 eight 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
- Location
Khorda, Odisha, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U50101OR2004PTC007675
- Company No.
007675
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
13 Jul 2004
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Cuttack
Industry
Automotive
Freedom Automobiles Private Limited
Explore comprehensive data for Freedom Automobiles Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Freedom Automobiles?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sanjay Lath  | Managing Director | 01-Sep-2004 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rohit Khemka | Director | 01-Sep-2004 | Current |
| Asish Lath | Director | 27-Jun-2015 | Current |
| Ramawatar Khemka | Director | 01-Sep-2004 | Current |
| Reena Lath | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations | |||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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)
- Jaico Consultants Pvt Ltd
Sanjay Lath, Ramawatar Khemka and 1 more are mutual person
- Odisha Capital Market & Enterprises Limited
Sanjay Lath is a mutual person
Charges (Loans)
Open Charges
₹39.20 M
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Freedom Automobiles
Recent activity within the organization
- Annual General Meeting
Freedom Automobiles Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Freedom Automobiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.
- Charges
A charge with Others of Rs. 30.80 M registered on 29 Dec 2015 with Charge ID 10614608 was modified on 02 Jun 2020.
- Charges
A charge with Others amounted to Rs. 30.80 M with Charge ID 10614608 was registered on 29 Dec 2015.
- Director Appointment
Asish Lath was appointed as a Director was appointed as a Director on 27 Jun 2015 & has been associated with this company since 9 years 9 months .
- Charges
A charge with State Bank Of India of Rs. 8.00 M registered on 28 Jul 2005 with Charge ID 90080474 was modified on 20 Feb 2015.
Frequently asked questions
What is the Incorporation or founding date of Freedom Automobiles Private Limited?
Freedom Automobiles Private Limited was incorporated on 13 Jul 2004.
What is authorized share capital and paid-up capital of Freedom Automobiles Private Limited?
The authorized share capital of Freedom Automobiles Private Limited is ₹ 6.00 M and paid-up capital is ₹ 4.62 M.
Who are the current board members & directors of Freedom Automobiles Private Limited?
Currently 5 directors are associated with Freedom Automobiles Private Limited.
- Rohit Khemka
- Asish Lath
- Sanjay Lath
- Ramawatar Khemka
- Reena Lath
What is the registered address of Freedom Automobiles Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Freedom Automobiles Private Limited is Plot No.283-A, Forest Park India, Bhubaneswar, Orissa, 751009.
What is the corporate identification number (CIN) and company number of Freedom Automobiles Private Limited?
The corporate identification number (CIN) of Freedom Automobiles Private Limited is U50101OR2004PTC007675 and the company number is 007675 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Freedom Automobiles Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Freedom Automobiles Private Limited has fallen by -99.37%.
How many employees does Freedom Automobiles Private Limited currently have?
As Per 2022 financial reports, 29 employees are currently employed by Freedom Automobiles Private Limited.
What change has been observed in the net worth of Freedom Automobiles Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Freedom Automobiles Private Limited has experienced an upsurge of 0.51%.
What are the total open charges for Freedom Automobiles Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Freedom Automobiles Private Limited amount to ₹ 3.92 Cr.
When was the last Balance Sheet of Freedom Automobiles Private Limited filed with the ROC?
The most recent Balance Sheet for Freedom Automobiles Private Limited was filed with the ROC on 31 Mar 2024.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
Similar Companies Based on Auto Dealership & Trading
Renault India Private Limited Kanchipuram, Tamil Nadu, India
Pps Motors Private Limited Hyderabad, Telangana, India
My Car (Pune) Private Limited Pune, Maharashtra, India
Mobis India Limited Kanchipuram, Tamil Nadu, India
Varun Motors Private Limited Visakhapatnam, Andhra Pradesh, India
Automotive Manufacturers Private Limited Mumbai, Maharashtra, India
Cie Automotive India Limited Mumbai, Maharashtra, India
Sai Service Private Limited Pune, Maharashtra, India