MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0105851
Freego Bikes Private Limited - e-commerce in Vasai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.06 Cr
▲ 10% YoY
Net loss · FY 2024
₹7.18 Lakh
Net margin -6.8%
EBITDA · FY 2024
-₹2.4 Lakh
EBITDA margin -2.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Freego Bikes Private Limited
Data last updated:
Freego Bikes Private Limited is a private limited company based in Vasai, Maharashtra, India. It operates in the online automotive platforms segment of the e-commerce sector. It was incorporated on 17 April 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U34300MH2018PTC308158. Its GSTIN is 27AADCF3753H1ZM (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kriya Vipul Shah and Purvi Deval Shah.
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 Gala No. 36 1st Flr Lobpsons & Tania Industrial Estate Pelhar Rd, Near Petrol Pump Vasai Phata Vasai East, Maharashtra, India – 401208.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.06 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net loss of ₹7.18 Lakh (net margin -6.8%) and EBITDA of -₹2.4 Lakh (EBITDA margin -2.3%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 3% over five years.
Freego Bikes Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0105851). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website freegoindia.com.
Company details
CIN U34300MH2018PTC308158
Registration Number 308158
Incorporation Date 17 April 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0105851
Recognitions & Rankings of Freego Bikes
Contact details
Freego Bikes Private Limited's registered office is in Vasai, Maharashtra. Its website is freegoindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGala No. 36 1st Flr Lobpsons & Tania Industrial Estate Pelhar Rd, Near Petrol Pump Vasai Phata Vasai East, Maharashtra, India – 401208
- IndustryE-Commerce, Online Automotive Platforms
To see the full contact details of Freego Bikes Private Limited, buy the company report.
Comprehensive company report
Freego Bikes Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Freego Bikes is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
To see the full business activity and turnover split of Freego Bikes Private Limited, buy the company report.
Financials of Freego Bikes Private Limited
FY 2024 filings availableFreego Bikes Private Limited reported revenue of ₹1.06 Cr (up 10% YoY) for FY 2024.
Revenue · FY 2024
₹1.06 Cr ▲ 10%
Net loss · FY 2024
₹7.18 Lakh margin -6.8%
EBITDA · FY 2024
-₹2.4 Lakh margin -2.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 10%
3 years · compounded
▼ 14%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▼ 130%
3 years · compounded
▼ 36%
5 years · compounded
▼ 28%
Revenue rose 10% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA fell 130% 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 |
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| EBITDA | -₹2.4 Lakh | ||||
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| Net Profit (PAT) | -₹7.18 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -2.3% | ||||
| Net Profit Margin | -6.8% | ||||
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To see the full financial statements and ratios of Freego Bikes Private Limited, buy the company report.
Board of directors of Freego Bikes Private Limited
Freego Bikes has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kriya Vipul Shah Also directs: Fawes Lifestyle Private Limited | Director | 17 Apr 2018 | 8 Years 6 Months | Current |
| Purvi Deval Shah Also directs: Hsag Electric Vehicles Private Limited, Hsag India Private Limited | Director | 17 Apr 2018 | 8 Years 6 Months | Current |
Auditor
Freego Bikes Private Limited is audited by AKBAR & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AKBAR & ASSOCIATES | FY 2023 | 138442W |
Shareholding
The shareholding of Freego Bikes Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Freego Bikes Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Freego Bikes 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 Freego Bikes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Freego Bikes has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCF3753H1ZM | Maharashtra | Active | 04 Sep 2018 |
To see the full GST registrations and return filing status of Freego Bikes Private Limited, buy the company report.
Recent activity
Freego Bikes Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Kriya Vipul Shah was appointed as Director on 17 Apr 2018.
AGM
Freego Bikes Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Freego Bikes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Kriya Vipul Shah was appointed as Director.
Appointed
Purvi Deval Shah was appointed as Director.
Incorporation
17 Apr 2018
Freego Bikes Private Limited was registered on 17 Apr 2018 with Roc Mumbai & aged 8 years 6 months as per MCA records.
Frequently asked questions
Freego Bikes is an active private limited company based in Vasai, Maharashtra, India. The company works in online automotive platforms, within the e-commerce industry. It was incorporated on 17 April 2018 (8+ years old) and is registered under CIN U34300MH2018PTC308158.
Freego Bikes has 2 current directors:
- Kriya Vipul Shah - Director
- Purvi Deval Shah - Director
The latest financial statements of Freego Bikes 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 FY 2019 are in the company report.
The GSTIN of Freego Bikes is 27AADCF3753H1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Freego Bikes is U34300MH2018PTC308158. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Freego Bikes was incorporated on 17 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Kriya Vipul Shah was appointed as Director on 17 Apr 2018. Purvi Deval Shah was appointed as Director on 17 Apr 2018.
Yes, Freego Bikes is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0105851).
Freego Bikes can be reached through the website freegoindia.com. Its registered office is in Vasai, Maharashtra, India.
The registered office of Freego Bikes is at Gala No. 36 1st Flr Lobpsons & Tania Industrial Estate Pelhar Rd, Near Petrol Pump Vasai Phata Vasai East, Maharashtra, India – 401208.