Freedom Rubber Limited

Manufacturer of diverse tires and tubes for various vehicles, with global distribution.

1986 | Punjab, Punjab (India) | Active
Last Updated: December 04, 2024

Freedom Rubber Profile

Key Indicators

  • Authorised Capital ₹ 3.50 Cr
  • Paid Up Capital ₹ 1.16 Cr
  • Company Age 39 Year, 11 Days
  • Last Filing with ROC 31 Mar 2015
  • Open Charges ₹ 11.49 Cr
  • Satisfied Charges ₹ 9.39 Cr
  • Revenue Growth -10.11%
  • Profit Growth -291.64%
  • Ebitda -16.57%
  • Net Worth -11.50%
  • Total Assets 17.79%

About Freedom Rubber

Freedom Rubber Limited (FRL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 January 1986 and has a history of 39 years. Its registered office is in Punjab, Punjab.

The Corporate was formerly known as Parvati Tyres & Tubes Private Limited. 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 2015. It's a company limited by shares with an authorized capital of Rs 3.50 Cr and a paid-up capital of Rs 1.16 Cr.

The company currently has active open charges totaling ₹11.49 Cr. The company has closed loans amounting to ₹9.39 Cr, as per Ministry of Corporate Affairs (MCA) records.

Barinder Singh, Gurpartap Singh, and Rajbir Singh serve as directors at the Company.

Company Details

  • Location
    Punjab, Punjab
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U99999PB1986PLC006660

  • Company No.

    006660

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Jan 1986

  • Date of AGM

    30 Sep 2015

  • Date of Balance Sheet

    31 Mar 2015

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Automotive

What products or services does Freedom Rubber Limited offer?

Freedom Rubber Limited offers a wide range of products and services, including Tyre, Tube & Flaps, Tyre Tube, Two Wheeler Tyres.

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

Board Members (3)

Name Designation Appointment Date Status
Barinder Singh Country flag representing In Whole-Time Director 28-Aug-1995 Current
Gurpartap Singh Country flag representing In Director 01-Apr-1996 Current
Rajbir Singh Country flag representing In Director 01-Apr-1996 Current

Financial Performance of Freedom Rubber.

Freedom Rubber Limited, for the financial year ended 2015, experienced significant reduction in revenue, with a 10.11% decrease. The company also saw a substantial fall in profitability, with a 291.64% decrease in profit. The company's net worth observed a substantial decline by a decrease of 11.5%.

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
-10.11%
Revenue from Operations
-10.08%
Total Assets
17.79%
Profit or Loss
-291.64%
Net Worth
-11.50%
EBITDA
-16.57%

What is the Ownership and Shareholding Structure of Freedom Rubber?

In 2015, Freedom Rubber had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹11.49 Cr

Satisfied Charges

₹9.39 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 11.40 Cr
  • The Karnataka Bank Ltd. : 0.06 Cr
  • Bank Of Punjab Ltd. : 0.03 Cr

Latest Charge Details

Date Lender Amount Status
28 Aug 2010 Canara Bank ₹1.50 M Open
18 Dec 2009 Canara Bank ₹11.25 Cr Open
31 Dec 2003 The Karnataka Bank Ltd. ₹0.59 M Open
17 Sep 1998 Bank Of Punjab Ltd. ₹0.34 M Open
14 Nov 2007 Union Bank Of India ₹5.50 Cr Satisfied

How Many Employees Work at Freedom Rubber?

Freedom Rubber has a workforce of 0 employees as of Mar 31, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Freedom Rubber Limited last Annual general meeting of members was held on 30 Sep 2015 as per latest MCA records.

    30 Sep 2015

  • Balance Sheet

    Freedom Rubber Limited has filed its annual Financial statements for the year ended 31 Mar 2015 with Roc Chandigarh.

    31 Mar 2015

  • Charges

    A charge with Canara Bank of Rs. 11.25 Cr registered on 18 Dec 2009 with Charge ID 10193689 was modified on 23 Jun 2014.

    23 Jun 2014

  • Charges

    A charge with Canara Bank amounted to Rs. 0.15 Cr with Charge ID 10237828 was registered on 28 Aug 2010.

    28 Aug 2010

  • Charges

    A charge registered on 14 Nov 2007 via Charge ID 10078891 with Union Bank Of India was fully satisfied on 03 Aug 2010.

    03 Aug 2010

  • Charges

    A charge with Canara Bank amounted to Rs. 11.25 Cr with Charge ID 10193689 was registered on 18 Dec 2009.

    18 Dec 2009

Frequently asked questions

  • Freedom Rubber Limited was incorporated on 29 Jan 1986.

  • The authorized share capital of Freedom Rubber Limited is ₹ 3.50 Cr and paid-up capital is ₹ 1.16 Cr.

  • Currently 3 directors are associated with Freedom Rubber Limited.

    • Barinder Singh
    • Gurpartap Singh
    • Rajbir Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Freedom Rubber Limited is 167 Focal Pointmehta Road Amritsar India, Punjab.

  • The corporate identification number (CIN) of Freedom Rubber Limited is U99999PB1986PLC006660 and the company number is 006660 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Freedom Rubber Limited is https://www.freedomtyres.com

  • According to the financial reports for the fiscal year 2015, the revenue trend for Freedom Rubber Limited has fallen by -10.11%.

  • The financial reports for the fiscal year 2015 indicates that The net worth of Freedom Rubber Limited has experienced an downturn of -11.50%.

  • As per the financial statements for fiscal Year 2015, The total open charges for Freedom Rubber Limited amount to ₹ 11.49 Cr.

  • The most recent Balance Sheet for Freedom Rubber Limited was filed with the ROC on 31 Mar 2015.

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