
Freedom Advisors Private Limited
About Freedom Advisors Private Limited
Data last updated:
Freedom Advisors Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 02 April 2012.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U93000MH2012PTC229101.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Laxminarayan Vishnudatta Kumar and Abhishek Ashok Kumar Jain.
Its last annual general meeting (AGM) was held on 28 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Flat 4 Kamal Mahal 17 Dahanukar Road, Mumbai, Maharashtra, India – 400026.
Company details
Contact details
Freedom Advisors Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat 4 Kamal Mahal 17 Dahanukar Road, Mumbai, Maharashtra, India – 400026
- IndustryFinancial Services, Financial Activities
To see the full contact details of Freedom Advisors 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
Business activity
The main business activity of Freedom Advisors is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
Financials of Freedom Advisors Private Limited
FY 2017 filings availableFinancial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | |||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | |||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | |||
| Net Profit Margin | |||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Freedom Advisors Private Limited, buy the company report.
Board of directors of Freedom Advisors Private Limited
Freedom Advisors has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Laxminarayan Vishnudatta Kumar Also directs: Puja Energy Ventures Private Limited | Director | 31 Dec 2014 | 11 Years 10 Months | As last reported |
| Abhishek Ashok Kumar Jain | Director | 02 Apr 2012 | 14 Years 6 Months | As last reported |
Auditor
Freedom Advisors Private Limited is audited by GANDHI AND ASSOCIATES LLP for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GANDHI AND ASSOCIATES LLP | FY 2017 | 102965W/W100192 |
Shareholding
The shareholding of Freedom Advisors Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Freedom Advisors Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Freedom Advisors Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Freedom Advisors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Freedom Advisors Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Freedom Advisors Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Jayant Sinha ceased to be Additional Director on 02 Jan 2015.
Frequently asked questions
Freedom Advisors has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Freedom Advisors was a private limited company based in Mumbai, Maharashtra, India. The company worked in financial activities, within the financial services industry. It was incorporated on 02 April 2012 and is registered under CIN U93000MH2012PTC229101. The company has been struck off by the Registrar of Companies and is no longer operational.
Freedom Advisors had 2 directors:
- Laxminarayan Vishnudatta Kumar - Director
- Abhishek Ashok Kumar Jain - Director
The CIN (Corporate Identification Number) of Freedom Advisors is U93000MH2012PTC229101. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Freedom Advisors is at Flat 4 Kamal Mahal 17 Dahanukar Road, Mumbai, Maharashtra, India – 400026.
Freedom Advisors was incorporated on 02 April 2012. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Freedom Advisors on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 28 September 2017. Year-wise statements from 2015 are in the company report.
Freedom Advisors operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.
Jayant Sinha ceased to be Additional Director on 02 Jan 2015. Laxminarayan Vishnudatta Kumar was appointed as Director on 31 Dec 2014. Punita Kumar Sinha ceased to be Director on 20 Apr 2014. Freedom Advisors has 4 board changes on record in total.
Freedom Advisors can be reached at its registered office: Flat 4 Kamal Mahal 17 Dahanukar Road, Mumbai, Maharashtra, India – 400026.

