- Category
- Micro (2023-24)
- Udyam number
- UDYAM-DL-10-0000408

About Forever Freedom Impex Private Limited
Data last updated:
Forever Freedom Impex Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the prepaid card services segment of the financial services sector. It was incorporated on 21 October 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U52590DL2008PTC184373. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mukesh Malhotra and Tarun Malhotra.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 204 Jyoti Shikhar 8 District Center Janakpuri, New Delhi, Delhi, India – 110058.
As per the financials filed for FY 2021, the company reported a revenue of ₹6.58 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹15.88 Lakh (net margin 2.4%) and EBITDA of ₹30.01 Lakh (EBITDA margin 4.6%). Revenue has grown at a compounded annual rate (CAGR) of 90% over three years and 6% over five years.
Forever Freedom Impex Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-10-0000408). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rewarddestination.com.
Company details
Recognitions & Rankings of Forever Freedom Impex
Contact details
Forever Freedom Impex Private Limited's registered office is in New Delhi, Delhi. Its website is rewarddestination.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address204 Jyoti Shikhar 8 District Center Janakpuri, New Delhi, Delhi, India – 110058
- IndustryFinancial Services, Prepaid Card Services
To see the full contact details of Forever Freedom Impex 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 Forever Freedom Impex is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Forever Freedom Impex Private Limited, buy the company report.
Financials of Forever Freedom Impex Private Limited
FY 2021 filings availableForever Freedom Impex Private Limited reported revenue of ₹6.58 Cr (up 33% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 33% growth in the latest year. EBITDA rose 218% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | ₹30.01 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15.88 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.6% | ||||
| Net Profit Margin | 2.4% | ||||
| 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 Forever Freedom Impex Private Limited, buy the company report.
Board of directors of Forever Freedom Impex Private Limited
Forever Freedom Impex has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukesh Malhotra Also directs: Arks Intertrade LLP | Director | 21 Oct 2008 | 18 Years 0 Months | Current |
| Tarun Malhotra | Director | 21 Oct 2008 | 18 Years 0 Months | Current |
Auditor
Forever Freedom Impex Private Limited is audited by R TAYAL & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R TAYAL & ASSOCIATES | FY 2020 | 006969N |
Shareholding
The shareholding of Forever Freedom Impex Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Forever Freedom Impex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Forever Freedom Impex 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 Forever Freedom Impex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Forever Freedom Impex has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Forever Freedom Impex Private Limited, buy the company report.
Recent activity
Forever Freedom Impex Private Limited has 2 board changes on record since 2008: 2 appointments. The latest: Mukesh Malhotra was appointed as Director on 21 Oct 2008.
Frequently asked questions
Forever Freedom Impex is an active private limited company based in New Delhi, Delhi, India. The company works in prepaid card services, within the financial services industry. It was incorporated on 21 October 2008 (18+ years old) and is registered under CIN U52590DL2008PTC184373.
Forever Freedom Impex has 2 current directors:
- Mukesh Malhotra - Director
- Tarun Malhotra - Director
The latest financial statements of Forever Freedom Impex on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
No. Forever Freedom Impex has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Forever Freedom Impex is U52590DL2008PTC184373. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Forever Freedom Impex was incorporated on 21 October 2008, making it 18+ years old. It is registered with the Registrar of Companies, Delhi.
Mukesh Malhotra was appointed as Director on 21 Oct 2008. Tarun Malhotra was appointed as Director on 21 Oct 2008.
Yes, Forever Freedom Impex is registered as a micro enterprise under Udyam registration (number: UDYAM-DL-10-0000408).
Forever Freedom Impex can be reached through the website rewarddestination.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Forever Freedom Impex is at 204 Jyoti Shikhar 8 District Center Janakpuri, New Delhi, Delhi, India – 110058.

