Befree Private Limited - financial services in Gandhinagar, Gujarat, India. FY 2026 financials & compliance.
CIN U69200GJ2018PTC103284 Incorporated 16 July 2018 ROC Ahmedabad HQ Gandhinagar, Gujarat, India
Active Private Limited Company financial services
Data last updated
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
7
Provident fund records
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
Last financials
Mar 2025
Balance sheet date
Last AGM
30 Sep 2025
Annual general meeting

About Befree Private Limited

Data last updated:

Befree Private Limited is a private limited company based in Gandhinagar, Gujarat, India. It operates in the investment banking and advisory segment of the financial services sector. It was incorporated on 16 July 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U69200GJ2018PTC103284. Its GSTIN is 24AAHCB9229J1ZG (Gujarat).

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Befree Investment Adviser Ifsc Private Limited. It is led by directors Viral Nagardas Kanabar and Jignesh Nagardas Kanabar.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gandhinagar, Gujarat.

The company has about 7 employees on its provident fund (EPFO) records.

For more details, the company can be reached via its website befree.com.au.

Company details

CIN U69200GJ2018PTC103284
Registration Number 103284
Incorporation Date 16 July 2018
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025

CIN history

Befree has one previous CIN (Corporate Identification Number): U65929GJ2018PTC103284. The current CIN is U69200GJ2018PTC103284, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U69200GJ2018PTC103284Current
U65929GJ2018PTC103284Previous

Contact details

Befree Private Limited's registered office is in Gandhinagar, Gujarat. Its website is befree.com.au. Its e-mail address is in the company report.

  • Email
  • Registered Address
    3rd Floor Gift One Block No 56 Road 5C Zone 5, Gift Dta Gift City, Gandhinagar, Gujarat, India – 382355
  • Industry
    Financial Services, Investment Banking & Advisory

To see the full contact details of Befree Private Limited, buy the company report.

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Befree Private Limited - one report that includes everything
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  • Legal cases, compliance and MCA filings
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Financials of Befree Private Limited

FY 2025 filings available

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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 Befree Private Limited, buy the company report.

Board of directors of Befree Private Limited

Befree has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Viral Nagardas KanabarDirector16 Jul 20188 Years 3 MonthsCurrent
Jignesh Nagardas KanabarDirector16 Jul 20188 Years 3 MonthsCurrent

Peer comparison

Befree Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Investment Banking), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Prasana Commodities Private Limited₹19,700 (FY 2020)4.0%Kolkata, West Bengal, India
D Curve Capital & Investments Private Limited₹19,441 (FY 2024)-24.0%Bangalore, Karnataka, India
Brown Investment&Trading Co Pvt Ltd₹18,221 (FY 2024)-51.0%Mumbai, Maharashtra, India
Techergo Solutions Limited₹18,138 (FY 2020)-6.0%Mumbai, Maharashtra, India
Morarka Trading Private Limited₹18,060 (FY 2025)-69.0%Mumbai, Maharashtra, India
Topman Investrade Private Limited₹15,000 (FY 2025)Mumbai, Maharashtra, India
Anchor Invest-Aids Private Limited₹15,000 (FY 2019)-50.0%Bangalore, Karnataka, India
Swiss Highrise Private Limited₹13,500 (FY 2025)-10.0%Kolkata, West Bengal, India
JNK Estates Private Limited₹13,296 (FY 2017)-58.0%New Delhi, Delhi, India
Kavya Retails Private Limited₹13,000 (FY 2022)Howrah, West Bengal, India

To see the full peer comparison of Befree Private Limited, buy the company report.

Auditor

Befree Private Limited is audited by A N LAKHANI & CO. for the financial year 2024.

Auditor firmFinancial yearFirm registration number
A N LAKHANI & CO.FY 2024149109W

Shareholding

The shareholding of Befree Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Befree Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Befree Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Befree Private Limited has a workforce of 7 employees on its EPFO records as of Oct 10, 2025, across 1 active EPFO establishment.

Employee count
7
Active EPFO establishments
1
Employee growth
133.33%

GST

Befree has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAHCB9229J1ZGGujaratActive18 Nov 2025

To see the full GST registrations and return filing status of Befree Private Limited, buy the company report.

Recent activity

Befree Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Jignesh Nagardas Kanabar was appointed as Director on 16 Jul 2018.

AGM
Befree Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Befree Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Jignesh Nagardas Kanabar was appointed as Director.
Appointed
Viral Nagardas Kanabar was appointed as Director.
Incorporation
16 Jul 2018
Befree Private Limited was registered on 16 Jul 2018 with Roc Ahmedabad & aged 8 years 3 months as per MCA records.

Frequently asked questions

Befree is an active private limited company based in Gandhinagar, Gujarat, India. The company works in investment banking and advisory, within the financial services industry. It was incorporated on 16 July 2018 (8+ years old) and is registered under CIN U69200GJ2018PTC103284.

Befree has 2 current directors:

The latest financial statements of Befree on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.

The GSTIN of Befree is 24AAHCB9229J1ZG, registered in Gujarat.

The CIN (Corporate Identification Number) of Befree is U69200GJ2018PTC103284. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Befree was incorporated on 16 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Befree by revenue are Prasana Commodities Private Limited, D Curve Capital & Investments Private Limited, Brown Investment&Trading Co Pvt Ltd, Techergo Solutions Limited, Morarka Trading Private Limited and 5 more, all in the BFSI industry (Investment Banking).

Jignesh Nagardas Kanabar was appointed as Director on 16 Jul 2018. Viral Nagardas Kanabar was appointed as Director on 16 Jul 2018.

Befree can be reached through the website befree.com.au. Its registered office is in Gandhinagar, Gujarat, India.

The registered office of Befree is at 3rd Floor Gift One Block No 56 Road 5C Zone 5, Gift Dta Gift City, Gandhinagar, Gujarat, India – 382355.

Befree operates in the financial services industry, in the investment banking and advisory segment.