About Free A Billion Private Limited
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Free A Billion Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of C M Jain Impex And Investments Private Limited. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 09 February 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2012PTC226614. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹23 Cr and a paid-up capital of ₹17.57 Cr. It was formerly known as Niti Digital Private Limited. It is led by directors including Chandanmal Chunilal Jain and Rajesh Chandanmal Jain.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 804 8th Floor Peninsula Corporate Park, Mumbai, Maharashtra.
As per the financials filed for FY 2016, the company reported a revenue of ₹34.05 Lakh, a decline of 58% compared to the previous year. For the same year it recorded a net loss of ₹2.55 Cr and EBITDA of -₹2.42 Cr. Revenue has grown at a compounded annual rate (CAGR) of 89% over three years.
The company has about 38 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Free A Billion. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website freeabillion.com.
Company details
Contact details
Free A Billion Private Limited's registered office is in Mumbai, Maharashtra. Its website is freeabillion.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address801 – 804 8th Floor Peninsula Corporate Park Ganpatrao Kadam Marg Delisle Road Lowe, R Parel, Mumbai, Maharashtra, India – 400013
- IndustryInformation Technology, IT Consulting & Support Services, Application Development & Software Solutions
To see the full contact details of Free A Billion Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Free A Billion operates one associated brand: Free A Billion. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Free A Billion is a Mumbai-based socio-political organization aiming to transform India through a rules revolution. | freeabillion.com |
Financials of Free A Billion Private Limited
FY 2024 filings availableFree A Billion Private Limited reported revenue of ₹34.05 Lakh (down 58% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 58% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 89%. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹34.05 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹2.42 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹2.55 Cr | |
| Balance Sheet | ||
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Financial Ratios
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To see the full financial statements and ratios of Free A Billion Private Limited, buy the company report.
Board of directors of Free A Billion Private Limited
Free A Billion has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandanmal Chunilal Jain | Director | 17 Nov 2014 | 11 Years 11 Months | Current |
| Rajesh Chandanmal Jain | Director | 09 Feb 2012 | 14 Years 8 Months | Current |
| Pushpa Chandanmal Jain | Director | 17 Nov 2014 | 11 Years 11 Months | Current |
| Bhavana Rajesh Jain Also directs: C M Jain Impex and Investments Private Limited, Netcore Private Limited, Netcore Skill Development Foundation and 5 more | Director | 17 Nov 2014 | 11 Years 11 Months | Current |
Auditor
Free A Billion Private Limited is audited by R S SANGHAI & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R S SANGHAI & ASSOCIATES | FY 2016 | 109094W |
Shareholding
The shareholding of Free A Billion Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Free A Billion Private Limited, buy the company report.
Legal cases
Free A Billion Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Civil suit | Filed against the company by Ms Nextra Teleservices Pvt Ltd | Disposed |
To see the full case history of Free A Billion Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Free A Billion Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Free A Billion Private Limited has a workforce of 38 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Free A Billion has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Free A Billion Private Limited, buy the company report.
Recent activity
Free A Billion Private Limited has 6 board changes on record since 2012: 5 appointments and 1 cessation. The latest: Veerchand Bothra ceased to be Director on 31 Mar 2015.
Frequently asked questions
Free A Billion is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 09 February 2012 (14+ years old) and is registered under CIN U72900MH2012PTC226614.
Free A Billion has 4 current directors:
- Chandanmal Chunilal Jain - Director
- Rajesh Chandanmal Jain - Director
- Pushpa Chandanmal Jain - Director
- Bhavana Rajesh Jain - Director
The latest financial statements of Free A Billion on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. Free A Billion has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Free A Billion is U72900MH2012PTC226614. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Free A Billion has 1 court case on record: 1 filed against it.
Free A Billion was incorporated on 09 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Veerchand Bothra ceased to be Director on 31 Mar 2015. Bhavana Rajesh Jain was appointed as Director on 17 Nov 2014. Chandanmal Chunilal Jain was appointed as Director on 17 Nov 2014. Free A Billion has 6 board changes on record in total.
Free A Billion can be reached through the website freeabillion.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Free A Billion is at 801 – 804 8th Floor Peninsula Corporate Park Ganpatrao Kadam Marg Delisle Road Lowe, R Parel, Mumbai, Maharashtra, India – 400013.