Freewill Sports Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 4.00 Cr
- Company Age 40 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 43.00 Cr
- Satisfied Charges ₹ 57.22 Cr
- Revenue Growth 31.97%
- Profit Growth 33.69%
- Ebitda 30.36%
- Net Worth 19.66%
- Total Assets 25.56%
About Freewill Sports
Freewill Sports Private Limited (FSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 November 1984 and has a history of 40 years and four months. Its registered office is in Jalandhar, Punjab, India.
The Company is engaged in the Consumer Goods 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 5.00 Cr and a paid-up capital of Rs 4.00 Cr.
The company currently has active open charges totaling ₹43.00 Cr. The company has closed loans amounting to ₹57.22 Cr, as per Ministry of Corporate Affairs (MCA) records.
Nirav Shah, Rajesh Kharabanda, Sushil Kharabanda, and Four other members serve as directors at the Company.
Company Details
- Location
Jalandhar, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U36939PB1984PTC006013
- Company No.
006013
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Nov 1984
- Date of AGM
18 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Consumer Goods
What products or services does Freewill Sports Private Limited offer?
Freewill Sports Private Limited offers a wide range of products and services, including Sports Wear & Athletic Accessories, Football Clothes & Shoes, Physiotherapy & Rehab Aids, Rehabilitation Equipment.
Who are the key members and board of directors at Freewill Sports?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajesh Kharabanda  | Managing Director | 29-Sep-2004 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nirav Shah | Director | 20-Sep-2017 | Current |
| Sushil Kharabanda | Director | 01-Apr-2009 | Current |
| Divya Kharabanda | Director | 14-Jul-2015 | Current |
| Dhruv Kharabanda | Director | 20-Apr-2017 | Current |
| Mohit Prabhakar | Director | 26-Jul-2019 | Current |
| Ojas Kharabanda | Director | 26-Jul-2019 | Current |
Financial Performance of Freewill Sports.
Freewill Sports Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 31.97% increase. The company also saw a substantial improvement in profitability, with a 33.69% increase in profit. The company's net worth Soared by an impressive increase of 19.66%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Freewill Sports?
In 2024, Freewill Sports had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Shoe Variants Private LimitedRajesh Kharabanda is a mutual person
Jayatma Technologies Private LimitedNirav Shah and Rajesh Kharabanda are mutual person
Jayatma Enterprises LimitedNirav Shah is a mutual person
Jayatma Industries LimitedNirav Shah is a mutual person
Freewill Infrastructures Private LimitedRajesh Kharabanda is a mutual person
Farm Gas Private LimitedNirav Shah is a mutual person
Charges (Loans)
Open Charges
₹43.00 Cr
Satisfied Charges
₹57.22 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 43.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Jun 2023 | Hdfc Bank Limited | ₹20.00 Cr | Open |
| 01 Nov 2016 | Hdfc Bank Limited | ₹23.00 Cr | Open |
| 18 Mar 2019 | Hdfc Bank Limited | ₹18.24 Cr | Satisfied |
| 18 May 2016 | Others | ₹1.50 Cr | Satisfied |
| 18 May 2016 | Others | ₹3.75 Cr | Satisfied |
How Many Employees Work at Freewill Sports?
Freewill Sports has a workforce of 1502 employees as of Dec 03, 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 Freewill Sports, 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 Freewill Sports'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.
Latest Updates, News, and FAQs on Freewill Sports
Recent activity within the organization
- Annual General Meeting
Freewill Sports Private Limited last Annual general meeting of members was held on 18 Sep 2024 as per latest MCA records.
- Balance Sheet
Freewill Sports Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
- Charges
A charge with Hdfc Bank Limited of Rs. 20.00 Cr registered on 07 Jun 2023 with Charge ID 100732032 was modified on 08 Dec 2023.
- Charges
A charge with Hdfc Bank Limited of Rs. 23.00 Cr registered on 01 Nov 2016 with Charge ID 100083061 was modified on 08 Dec 2023.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.00 Cr with Charge ID 100732032 was registered on 07 Jun 2023.
- Director Appointment
Mohit Prabhakar was appointed as a Director was appointed as a Director on 26 Jul 2019 & has been associated with this company since 5 years 8 months .
Recent News, Updates & Announcement
India Sports and Fitness Goods Market to 2024 Featuring Cosco, Nivia Sports, Bhalla International, Sareen Sports Industries & Sansparelis Greenland./PRNewswire/ -- The "Indian Sports and Fitness Goods Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to....
Frequently asked questions
What is the Incorporation or founding date of Freewill Sports Private Limited?
Freewill Sports Private Limited was incorporated on 16 Nov 1984.
What is authorized share capital and paid-up capital of Freewill Sports Private Limited?
The authorized share capital of Freewill Sports Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.00 Cr.
Who are the current board members & directors of Freewill Sports Private Limited?
Currently 7 directors are associated with Freewill Sports Private Limited.
- Nirav Kalyanbhai Shah
- Rajesh Kharabanda
- Sushil Kharabanda
- Divya Kharabanda
- Dhruv Kharabanda
- Mohit Prabhakar
- Ojas Kharabanda
What is the registered address of Freewill Sports Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Freewill Sports Private Limited is 391-392 Leather Complex, Kapurthala Road India, Jalandhar, Punjab, 144021.
What is the corporate identification number (CIN) and company number of Freewill Sports Private Limited?
The corporate identification number (CIN) of Freewill Sports Private Limited is U36939PB1984PTC006013 and the company number is 006013 as per Ministry of Corporate Affairs (MCA).
What is the official website of Freewill Sports Private Limited?
The Official website of Freewill Sports Private Limited is https://www.niviasports.com
What has been the recent revenue trend for Freewill Sports Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Freewill Sports Private Limited has risen by 31.97%.
How many employees does Freewill Sports Private Limited currently have?
As Per 2023 financial reports, 1502 employees are currently employed by Freewill Sports Private Limited.
What change has been observed in the net worth of Freewill Sports Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Freewill Sports Private Limited has experienced an upsurge of 19.66%.
What are the total open charges for Freewill Sports Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Freewill Sports Private Limited amount to ₹ 43.00 Cr.
When was the last Balance Sheet of Freewill Sports Private Limited filed with the ROC?
The most recent Balance Sheet for Freewill Sports Private Limited was filed with the ROC on 31 Mar 2024.
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