Freedom Industries Profile
Key Indicators
- Authorised Capital ₹ 4.25 Cr
as on 06-07-2024
- Paid Up Capital ₹ 2.47 Cr
as on 06-07-2024
- Company Age 29 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 17.00 Cr
as on 06-07-2024
- Satisfied Charges ₹ 18.48 Cr
as on 06-07-2024
- Revenue -1.98%
(FY 2023)
- Profit 44.64%
(FY 2023)
- Ebitda 1.41%
(FY 2023)
- Net Worth 4.83%
(FY 2023)
- Total Assets 10.89%
(FY 2023)
About Freedom Industries
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 2023. It's a company limited by shares with an authorized capital of Rs 4.25 Cr and a paid-up capital of Rs 2.47 Cr.
The company currently has active open charges totaling ₹17.00 Cr. The company has closed loans amounting to ₹18.48 Cr, as per Ministry of Corporate Affairs (MCA) records.
Lovleen Kaur, Harmanak Singh, and Kanwaljit Singh serve as directors at the Company.
- CIN/LLPIN
U15680PB1995PLC015680
- Company No.
015680
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
23 Jan 1995
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Company Details
- Location
Punjab, Punjab, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Freedom Industries?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kanwaljit Singh  | Managing Director | 10-Jul-2002 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Lovleen Kaur | Director | 12-Jul-2002 | Current |
| Harmanak Singh | Additional Director | 10-Dec-2013 | Current |
Financial Performance of Freedom Industries.
Freedom Industries Ltd, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.98% decrease. The company also saw a substantial improvement in profitability, with a 44.64% increase in profit. The company's net worth moved up by a moderate rise of 4.83%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Freedom Industries?
In 2023, Freedom Industries had a promoter holding of 58.18% and a public holding of 41.82%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 24 Nov 2023 | ₹0.62 M | Open |
Hdfc Bank Limited Creation Date: 25 May 2023 | ₹0.85 M | Open |
Hdfc Bank Limited Creation Date: 31 Oct 2022 | ₹1.06 M | Open |
How Many Employees Work at Freedom Industries?
Freedom Industries has a workforce of 19 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 Industries, 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 Industries'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.
