MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-30-0001395
Befree Business Resourcing LLP
Befree Business Resourcing LLP - business outsourcing in Gandhinagar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹88.06 Cr
▲ 3% YoY
Net profit · FY 2024
₹18.13 Cr
Net margin 20.6%
EBITDA · FY 2024
₹16.55 Cr
EBITDA margin 18.8%
Contribution obligation
₹15 Lakh
As per LLP agreement
Open charges
₹89.1 Cr
Secured borrowings
LLP age
10 yrs
Est. 2016
Employees · EPFO
379
Provident fund records
Designated partners
2
As per MCA filings
About Befree Business Resourcing LLP
Data last updated:
Befree Business Resourcing LLP is a limited liability partnership (LLP) based in Gandhinagar, Gujarat, India. It operates in the accounting and financial analysis segment of the business process outsourcing sector. It was incorporated on 20 May 2016 and has been in existence for over 10 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAG-4203. Its GSTIN is 24AAQFB4192A1ZO (Gujarat). The LLP holds 7 GST registrations, all of them active.
The LLP has a total obligation of contribution of ₹15 Lakh. It is led by designated partners Viral Nagardas Kanabar and Jignesh Nagardas Kanabar.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Gandhinagar, Gujarat.
As per the financials filed for FY 2024, the LLP reported a revenue of ₹88.06 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹18.13 Cr (net margin 20.6%) and EBITDA of ₹16.55 Cr (EBITDA margin 18.8%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 31% over five years.
The LLP has about 379 employees on its provident fund (EPFO) records.
As per MCA filings, the LLP has open charges of ₹89.1 Cr on record. Court records list 37 cases involving the LLP, including 30 filed by the LLP and 7 filed against it; 16 cases are pending.
Befree Business Resourcing LLP is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-30-0001395).
Company details
LLPIN AAG-4203
Incorporation Date 20 May 2016
Total Obligation of Contribution ₹15 Lakh
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-GJ-30-0001395
Recognitions & Rankings of Befree Business Resourcing
Contact details
Befree Business Resourcing LLP's registered office is in Gandhinagar, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressJ N Kanabar & Co. 3rd Floor, Gift One Tower Block No. 56 Road 5C Zone 5 Gift, Gandhinagar, Gujarat, India – 382355
- IndustryBusiness Outsourcing, Accounting and Financial Analysis
To see the full contact details of Befree Business Resourcing LLP, buy the company report.
Comprehensive company report
Befree Business Resourcing LLP - 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Financials of Befree Business Resourcing LLP
FY 2025 filings availableBefree Business Resourcing LLP reported revenue of ₹88.06 Cr (up 3% YoY) for FY 2024.
Revenue · FY 2024
₹88.06 Cr ▲ 3%
Net profit · FY 2024
₹18.13 Cr margin 20.6%
EBITDA · FY 2024
₹16.55 Cr margin 18.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 16%
5 years · compounded
▲ 31%
EBITDA CAGR growth
3 years · compounded
▲ 12%
5 years · compounded
▲ 14%
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 3% growth 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
| Statement of Account and Solvency | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | |||||
| Other Income | |||||
| Total Income | ₹88.06 Cr | ||||
| Purchases and Direct Costs | |||||
| Personnel Expenses | |||||
| Administrative Expenses | |||||
| Interest | |||||
| Depreciation | |||||
| Total Expenses | |||||
| Profit Before Tax | |||||
| Tax | |||||
| Profit After Tax | ₹18.13 Cr | ||||
| Profit Transferred to Partners | |||||
| Assets and Liabilities | |||||
| Partners' Contribution | |||||
| Reserves and Surplus | |||||
| Secured Loans | |||||
| Unsecured Loans | |||||
| Trade Payables | |||||
| Other Liabilities and Provisions | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Loans and Advances | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Statement of Account and Solvency | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 20.6% | ||||
| Return on Partners' Funds | |||||
| Return on Assets | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Debt to Partners' Funds | |||||
| Interest Coverage | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Turnover Growth | |||||
| Profit Growth | |||||
To see the full financial statements and ratios of Befree Business Resourcing LLP, buy the company report.
Designated partners of Befree Business Resourcing LLP
Befree Business Resourcing has 2 current designated partners and 2 former designated partners. Current designated partners are listed first, with their designation and appointment date.
Current Designated Partners
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Viral Nagardas Kanabar Also directs: Giftbliss Stay Inn LLP, Super Records Business Services LLP, Smsfa Assurance Services India LLP and 5 more | Designated Partner | 01 Oct 2018 | 8 Years 0 Months | Current |
| Jignesh Nagardas Kanabar Also directs: Giftbliss Stay Inn LLP, Super Records Business Services LLP, Smsfa Assurance Services India LLP and 5 more | Designated Partner | 01 Oct 2018 | 8 Years 0 Months | Current |
Charges & borrowings
Open charges
₹89.1 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Oct 2024 | 101011152 | The Federal Bank Ltd | ₹31 Cr | Open | |
| 28 Mar 2022 | 100633291 | The Federal Bank Limited | ₹58.1 Cr | Open |
To see the full charge records of Befree Business Resourcing LLP, buy the company report.
Total charge records: 2 View all charges
Legal cases
Befree Business Resourcing LLP has 37 court cases on record: 30 filed by Befree Business Resourcing, 7 filed against it. 16 cases are pending and 21 are disposed.
Total cases
37
Filed by the company
30
Filed against the company
7
Pending
16
Disposed
21
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 35 | 6 | 14 |
| High courts | 2 | 1 | 2 |
Cases on record (5 of 37)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, GANDHINAGAR, Gujarat | Court case (CMA SC) | Filed by the company against an individual | Pending |
| District court, GANDHINAGAR, Gujarat | Court case (SMST R) | Filed by the company against an individual | Pending |
| District court, GANDHINAGAR, Gujarat | Court case (SMST R) | Filed by the company against an individual | Pending |
| District court, GANDHINAGAR, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| High Court of Gujarat | Court case (SCR.A) | Filed by the company against State of Gujarat | Pending |
To see the full case history of Befree Business Resourcing LLP, 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 Befree Business Resourcing LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Befree Business Resourcing LLP has a workforce of 379 employees on its EPFO records as of Mar 09, 2025, across 1 active EPFO establishment.
Employee count
379
Active EPFO establishments
1
Employee growth
59.24%
GST
Befree Business Resourcing has 7 GST registrations: 7 active. The first 4 active GSTINs are listed below.
Total GSTINs
7
Active
7
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAQFB4192A1ZO | Gujarat | Active | 01 Jul 2017 |
| 24AAQFB4192A2ZN | Gujarat | Active | 05 Jan 2018 |
| 29AAQFB4192A1ZE | Karnataka | Active | 10 Apr 2018 |
| 27AAQFB4192A1ZI | Maharashtra | Active | 11 Dec 2019 |
To see the full GST registrations and return filing status of Befree Business Resourcing LLP, buy the company report.
Recent activity
Befree Business Resourcing LLP has 4 designated partner changes on record since 2017: 2 appointments and 2 cessations. The latest: Hitesh Chunilal Kanabar ceased to be Designated Partner on 01 Oct 2018.
AGM
Befree Business Resourcing Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Befree Business Resourcing Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with The Federal Bank Ltd amounted to Rs. 3,100.00 Lakh with Charge ID 101011152 was registered on 22 Oct 2024.
Charges
A charge with The Federal Bank Limited of Rs. 5,810.00 Lakh registered on 28 Mar 2022 with Charge ID 100633291 was modified on 21 Sep 2023.
Charges
A charge with The Federal Bank Limited amounted to Rs. 5,810.00 Lakh with Charge ID 100633291 was registered on 28 Mar 2022.
Ceased
Hitesh Chunilal Kanabar ceased to be Designated Partner.
Appointed
Jignesh Nagardas Kanabar was appointed as Designated Partner.
Appointed
Viral Nagardas Kanabar was appointed as Designated Partner.
Ceased
Jignesh Nagardas Kanabar ceased to be Partner.
Incorporation
20 May 2016
Befree Business Resourcing Llp was registered on 20 May 2016 with Roc Ahmedabad & aged 10 years 5 months as per MCA records.
Frequently asked questions
Befree Business Resourcing is an active limited liability partnership based in Gandhinagar, Gujarat, India. The LLP works in accounting and financial analysis, within the business outsourcing industry. It was incorporated on 20 May 2016 (10+ years old) and is registered under LLPIN AAG-4203.
Befree Business Resourcing has 2 current designated partners:
- Viral Nagardas Kanabar - Designated Partner
- Jignesh Nagardas Kanabar - Designated Partner
The latest financial statements of Befree Business Resourcing on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Befree Business Resourcing is 24AAQFB4192A1ZO, registered in Gujarat. The LLP has 7 GST registrations in all, of which 7 are active. Other active GSTINs include 24AAQFB4192A2ZN (Gujarat), 29AAQFB4192A1ZE (Karnataka), 27AAQFB4192A1ZI (Maharashtra).
The LLPIN (Limited Liability Partnership Identification Number) of Befree Business Resourcing is AAG-4203. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Befree Business Resourcing has 37 court cases on record: 30 filed by the LLP and 7 filed against it. 16 are pending. Most are in the district courts.
Befree Business Resourcing was incorporated on 20 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Hitesh Chunilal Kanabar ceased to be Designated Partner on 01 Oct 2018. Jignesh Nagardas Kanabar was appointed as Designated Partner on 01 Oct 2018. Viral Nagardas Kanabar was appointed as Designated Partner on 01 Oct 2018. Befree Business Resourcing has 4 designated partner changes on record in total.
Yes, Befree Business Resourcing is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-30-0001395).
The registered office of Befree Business Resourcing is at J N Kanabar & Co. 3rd Floor, Gift One Tower Block No. 56 Road 5C Zone 5 Gift, Gandhinagar, Gujarat, India – 382355.