Freeup Technologies Private Limited

Online marketplace for a variety of products including fashion, beauty, books, and home items.

2016 | Bangaluru, Karnataka (India) | Active
Last Updated: October 24, 2024

Freeup Technologies Profile

Key Indicators

  • Authorised Capital ₹ 1.10 M
  • Paid Up Capital ₹ 0.12 M
  • Company Age 8 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 241.85%
  • Profit Growth 98.82%
  • Ebitda 44.86%
  • Net Worth -98.73%
  • Total Assets -99.80%

About Freeup Technologies

Freeup Technologies Private Limited (FTPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 10 June 2016 (Eight years and eight months 15 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Serendipity Foods Private Limited. The Company is engaged in the E-Commerce 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 1.10 M and a paid-up capital of Rs 0.12 M, as per Ministry of Corporate Affairs (MCA) records.

Goyal Nareshkumar and Laxmee Pant serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    freeup.app

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999KA2016PTC094027

  • Company No.

    094027

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Jun 2016

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

E-Commerce

Who are the key members and board of directors at Freeup Technologies?

Board Members (2)

NameDesignationAppointment DateStatus
Goyal Nareshkumar Country flag representing In Director Current
Laxmee Pant Country flag representing In Director 15-Mar-2021Current

Financial Performance of Freeup Technologies.

Freeup Technologies Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 241.85% increase. The company also saw a substantial improvement in profitability, with a 98.82% increase in profit. The company's net worth observed a substantial decline by a decrease of 98.73%.

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
241.85%
Revenue from Operations
-45.05%
Total Assets
-99.80%
Profit or Loss
98.82%
Net Worth
-98.73%
EBITDA
44.86%

What is the Ownership and Shareholding Structure of Freeup Technologies?

In 2023, Freeup Technologies had a public 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Freeup Technologies?

Unlock and access historical data on people associated with Freeup Technologies, 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 Freeup Technologies, 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 Freeup Technologies'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 Freeup Technologies

Recent activity within the organization

  • Annual General Meeting

    Freeup Technologies Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Freeup Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Laxmee Pant was appointed as a Director was appointed as a Director on 15 Mar 2021 & has been associated with this company since 3 years 11 months .

    15 Mar 2021

  • Company Incorporation

    Freeup Technologies Private Limited was registered on 10 Jun 2016 with Roc Bangalore & aged 8 years 8 months as per MCA records.

    10 Jun 2016

Frequently asked questions

  • Freeup Technologies Private Limited was incorporated on 10 Jun 2016.

  • The authorized share capital of Freeup Technologies Private Limited is ₹ 1.10 M and paid-up capital is ₹ 0.12 M.

  • Currently 2 directors are associated with Freeup Technologies Private Limited.

    • Goyal Nareshkumar
    • Laxmee Pant
  • As per Ministry of Corporate Affairs (Mca), the registered address of Freeup Technologies Private Limited is A002 Ground Floor Paranjape Wind Fields Yemalur Road Near Divyasree Tech Park, Kempapur A India, Bangalore, Karnataka, 560037.

  • The corporate identification number (CIN) of Freeup Technologies Private Limited is U74999KA2016PTC094027 and the company number is 094027 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Freeup Technologies Private Limited is https://www.freeup.app

  • According to the financial reports for the fiscal year 2023, the revenue trend for Freeup Technologies Private Limited has risen by 241.85%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Freeup Technologies Private Limited has experienced an downturn of -98.73%.

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

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