Freedom Ophthalmic Private Limited

Manufacturer of ophthalmic medical devices with global exports and ISO certifications.

2005 | Aminjikarai Chennai.29, Tamil Nadu (India) | Active
Last Updated: October 23, 2024

Freedom Ophthalmic Profile

Key Indicators

  • Authorised Capital ₹ 1.20 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 19 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 15.20 Cr
  • Satisfied Charges ₹ 10.86 Cr
  • Revenue Growth 21.87%
  • Profit Growth 108.82%
  • Ebitda -94.09%
  • Net Worth 15.87%
  • Total Assets 18.75%

About Freedom Ophthalmic

Freedom Ophthalmic Private Limited (FOPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 November 2005 and has a history of 19 years and two months. Its registered office is in Aminjikarai, Chennai.29, Tamil Nadu.

The Corporate was formerly known as Freedom Opthalmic Private Limited. The Company is engaged in the Healthcare 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 1.20 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹15.20 Cr. The company has closed loans amounting to ₹10.86 Cr, as per Ministry of Corporate Affairs (MCA) records.

Govindasamy Kannayiram and Balamanimehalai serve as directors at the Company.

Company Details

  • Location
    Aminjikarai, Chennai.29, Tamil Nadu
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U33201TN2005PTC058109

  • Company No.

    058109

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Nov 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Healthcare

What products or services does Freedom Ophthalmic Private Limited offer?

Freedom Ophthalmic Private Limited offers a wide range of products and services, including Scalpels, Needles & Scissors, Surgical Scalpels, Eye Diagnosis & Surgery Instruments, Ophthalmic Surgical Instruments, Medical Forceps, Lens Loop, Eye Testing Machines, Ophthalmic Equipment, Speculum, Eye Speculum.

Who are the key members and board of directors at Freedom Ophthalmic?

Executive Team (1)

Name Designation Appointment Date Status
Govindasamy Kannayiram Country flag representing In Managing Director 25-Nov-2005 Current

Board Members (1)

Name Designation Appointment Date Status
Balamanimehalai Country flag representing In Director 19-Oct-2012 Current

Financial Performance of Freedom Ophthalmic.

Freedom Ophthalmic Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.87% increase. The company also saw a substantial improvement in profitability, with a 108.82% increase in profit. The company's net worth Soared by an impressive increase of 15.87%.

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
21.87%
Revenue from Operations
4.62%
Total Assets
18.75%
Profit or Loss
108.82%
Net Worth
15.87%
EBITDA
-94.09%

What is the Ownership and Shareholding Structure of Freedom Ophthalmic?

Unlock access to Freedom Ophthalmic's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹15.20 Cr

Satisfied Charges

₹10.86 Cr

Charges Breakdown by Lending Institutions

  • Others : 8.25 Cr
  • Axis Bank Limited : 6.60 Cr
  • Ing Vysya Bank Limited : 0.35 Cr

Latest Charge Details

Date Lender Amount Status
19 May 2023 Axis Bank Limited ₹6.60 Cr Open
20 Sep 2022 Others ₹4.00 Cr Open
02 Mar 2022 Others ₹1.00 Cr Open
17 Nov 2021 Others ₹3.25 Cr Open
16 Jun 2008 Ing Vysya Bank Limited ₹3.50 M Open

How Many Employees Work at Freedom Ophthalmic?

Unlock and access historical data on people associated with Freedom Ophthalmic, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Freedom Ophthalmic, 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 Ophthalmic'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 Freedom Ophthalmic

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 6.60 Cr registered on 19 May 2023 with Charge ID 100727637 was modified on 20 Jun 2024.

    20 Jun 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge registered on 02 Aug 2021 via Charge ID 100463904 with Others was fully satisfied on 17 Jul 2023.

    17 Jul 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 6.60 Cr with Charge ID 100727637 was registered on 19 May 2023.

    19 May 2023

  • Balance Sheet

    Freedom Ophthalmic Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 4.00 Cr with Charge ID 100607521 was registered on 20 Sep 2022.

    20 Sep 2022

Frequently asked questions

  • Freedom Ophthalmic Private Limited was incorporated on 25 Nov 2005.

  • The authorized share capital of Freedom Ophthalmic Private Limited is ₹ 1.20 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 2 directors are associated with Freedom Ophthalmic Private Limited.

    • Govindasamy Kannayiram
    • Balamanimehalai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Freedom Ophthalmic Private Limited is B-2 Arun Apartmentsno.207, Lakshmi Ammal Street Ayyavoo Naidu Colony India, Aminjikarai Chennai.29, Tamil Nadu, 600029.

  • The corporate identification number (CIN) of Freedom Ophthalmic Private Limited is U33201TN2005PTC058109 and the company number is 058109 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Freedom Ophthalmic Private Limited is https://www.freedomophthalmic.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Freedom Ophthalmic Private Limited has risen by 21.87%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Freedom Ophthalmic Private Limited has experienced an upsurge of 15.87%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Freedom Ophthalmic Private Limited amount to ₹ 15.20 Cr.

  • The most recent Balance Sheet for Freedom Ophthalmic Private Limited was filed with the ROC on 31 Mar 2023.

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