
Freedom Kuri Private Limited
About Freedom Kuri Private Limited
Data last updated:
Freedom Kuri Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 23 December 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U65923PN2015PTC157672.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Rekha Namdeo Pawar and Kirti Bhagawat.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Survey No. 188 Gawade Colony Chinchwad, Pune, Maharashtra, India – 411033.
As per the financials filed for FY 2024, the company reported a revenue of ₹47,172, a decline of 94% compared to the previous year. For the same year it recorded a net loss of ₹1.8 Lakh (net margin -382.4%) and EBITDA of -₹1.28 Lakh (EBITDA margin -271.6%). Revenue has declined at a compounded annual rate (CAGR) of 57% over three years and 39% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Freedom Kuri Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSurvey No. 188 Gawade Colony Chinchwad, Pune, Maharashtra, India – 411033
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Freedom Kuri 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 Kuri 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 |
To see the full business activity and turnover split of Freedom Kuri Private Limited, buy the company report.
Financials of Freedom Kuri Private Limited
FY 2024 filings availableFreedom Kuri Private Limited reported revenue of ₹47,172 (down 94% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 39% over five years, including a 94% fall in the latest year. EBITDA fell 210% in the latest year. 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹1.28 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.8 Lakh | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -271.6% | ||||
| Net Profit Margin | -382.4% | ||||
| 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 Kuri Private Limited, buy the company report.
Board of directors of Freedom Kuri Private Limited
Freedom Kuri has 8 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rekha Namdeo Pawar Also directs: Superior Infrabuild LLP, Bstar Megacorp Private Limited | Director | 19 Jun 2019 | 7 Years 4 Months | Current |
| Kirti Bhagawat | Director | 19 Jun 2019 | 7 Years 4 Months | Current |
| Supriya Shelake | Director | 19 Jun 2019 | 7 Years 4 Months | Current |
| Archana Dange | Director | 19 Jun 2019 | 7 Years 4 Months | Current |
| Siddhi Mankar | Director | 19 Jun 2019 | 7 Years 4 Months | Current |
| Jyoti Tambe | Director | 19 Jun 2019 | 7 Years 4 Months | Current |
Peer comparison
Freedom Kuri Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kisaan Micro Finance Foundation | ₹48,000 (FY 2018) | 48.0% | Palamu, Jharkhand, India | |||
| Rajabogam Chit Funds Private Limited | ₹47,900 (FY 2021) | Thanjavur, Tamil Nadu, India | ||||
| Lakshmikrupa Urban Nidhi Limited | ₹47,790 (FY 2024) | Malsras, Maharashtra, India | ||||
| Yadugiri Chits Private Limited | ₹47,519 (FY 2019) | -76.0% | Mysore, Karnataka, India | |||
| Freedom Kuri Private Limitedthis company | ₹47,172 (FY 2024) | -₹1.8 Lakh | -382.4% | -94.0% | Pune, Maharashtra, India | |
| Aroma Chits (Kerala) Private Limited | ₹46,080 (FY 2025) | -9.0% | Pathanamthitta, Kerala, India |
To see the full peer comparison of Freedom Kuri Private Limited, buy the company report.
Auditor
Freedom Kuri Private Limited is audited by Sajan Bogawat & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sajan Bogawat & Associates | FY 2023 | 142301W |
Shareholding
The shareholding of Freedom Kuri Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Freedom Kuri Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Freedom Kuri 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 Kuri 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 Kuri Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Freedom Kuri Private Limited has 23 board changes on record since 2015: 8 appointments and 15 cessations. The latest: Jayashree Hanumant Gondawale ceased to be Managing Director on 13 Jul 2021.
14 earlier events are in the company report.
Frequently asked questions
Freedom Kuri is an active private limited company based in Pune, Maharashtra, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 23 December 2015 (11+ years old) and is registered under CIN U65923PN2015PTC157672.
Freedom Kuri has 8 current directors:
- Rekha Namdeo Pawar - Director
- Kirti Bhagawat - Director
- Supriya Shelake - Director
- Archana Dange - Director
- Siddhi Mankar - Director
- Jyoti Tambe - Director
- Jayashree Hanumant Gondawale - Director
- Nandinee Sunil Naiknaware - Director
The latest financial statements of Freedom Kuri on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from FY 2016 are in the company report.
The CIN (Corporate Identification Number) of Freedom Kuri is U65923PN2015PTC157672. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Freedom Kuri was incorporated on 23 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Freedom Kuri by revenue are Kisaan Micro Finance Foundation, Rajabogam Chit Funds Private Limited, Lakshmikrupa Urban Nidhi Limited, Yadugiri Chits Private Limited, Aroma Chits (Kerala) Private Limited, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Jayashree Hanumant Gondawale ceased to be Managing Director on 13 Jul 2021. Archana Deshpande ceased to be Director on 09 Nov 2019. Shital Anturlikar ceased to be Director on 09 Nov 2019. Freedom Kuri has 23 board changes on record in total.
The registered office of Freedom Kuri is at Survey No. 188 Gawade Colony Chinchwad, Pune, Maharashtra, India – 411033.
Freedom Kuri operates in the financial services industry, in the microfinance institutions segment.
The compliance status of Freedom Kuri is compliant as of 08 July 2026. The company is actively filing with the Registrar of Companies.
Freedom Kuri can be reached at its registered office: Survey No. 188 Gawade Colony Chinchwad, Pune, Maharashtra, India – 411033.

