Freedom Automotive Profile
Key Indicators
- Authorised Capital ₹ 2.50 Cr
- Paid Up Capital ₹ 2.50 Cr
- Company Age 11 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.95 Cr
- Satisfied Charges ₹ 13.73 Cr
- Revenue Growth 2819546.30%
- Profit Growth 2491543.88%
- Ebitda -1070742.08%
- Net Worth 10613954.78%
- Total Assets 8104550.17%
About Freedom Automotive
Freedom Automotive Private Limited (FAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 January 2014 and has a history of 11 years and one month. Its registered office is in Nanded, Maharashtra, 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 2.50 Cr and a paid-up capital of Rs 2.50 Cr.
The company currently has active open charges totaling ₹1.95 Cr. The company has closed loans amounting to ₹13.73 Cr, as per Ministry of Corporate Affairs (MCA) records.
Abdul Wahid, Yasmeen Waheed, and Mohammed Waheed serve as directors at the Company.
Company Details
- Location
Nanded, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U50404MH2014PTC251774
- Company No.
251774
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Jan 2014
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Freedom Automotive?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Abdul Wahid  | Director | 06-Jan-2014 | Current |
| Yasmeen Waheed | Director | 06-Jan-2014 | Current |
| Mohammed Waheed | Additional Director | 30-Dec-2014 | Current |
Financial Performance of Freedom Automotive.
Freedom Automotive Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 2819546.3% increase. The company also saw a substantial improvement in profitability, with a 2491543.88% increase in profit. The company's net worth Soared by an impressive increase of 10613954.78%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Freedom Automotive?
In 2023, Freedom Automotive had a public holding of 24.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Freedom Auto Wheels Private LimitedAbdul Wahid and Mohammed Waheed are mutual person
- City Auto Riders Private Limited
Yasmeen Waheed is a mutual person
Charges (Loans)
₹1.95 Cr
₹13.73 Cr
Charges Breakdown by Lending Institutions
- Others : 1.77 Cr
- Axis Bank Limited : 0.18 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Aug 2024 | Others | ₹1.77 Cr | Open |
| 16 Jul 2021 | Axis Bank Limited | ₹1.80 M | Open |
| 15 May 2019 | State Bank Of India | ₹1.60 Cr | Satisfied |
| 14 Jan 2015 | State Bank Of India | ₹8.38 Cr | Satisfied |
| 23 Sep 2014 | State Bank Of Hyderabad | ₹3.75 Cr | Satisfied |
How Many Employees Work at Freedom Automotive?
Freedom Automotive has a workforce of 16 employees as of Apr 06, 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 Automotive, 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 Automotive'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.