Free India Dry Accumulators Ltd
About Free India Dry Accumulators Ltd
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Free India Dry Accumulators Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 31 January 1949 and has been in existence for over 77 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U31402WB1949PLC017563. Its GSTIN is 19AAACF3797Q1ZR (West Bengal).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹70 Lakh. It is led by directors including Anushree Jalan and Hemant Kumar Jalan.
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 36A Chowringhee Road, Kolkata, West Bengal, India – 700071.
As per the financials filed for FY 2025, the company reported a revenue of ₹55.53 Lakh, a growth of 69% compared to the previous year. For the same year it recorded a net profit of ₹21.48 Lakh (net margin 38.7%) and EBITDA of ₹27.58 Lakh (EBITDA margin 49.7%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 27% over five years.
Its group structure includes 1 subsidiary.
Court records list 27 cases involving the company, including 17 filed by the company and 10 filed against it; 13 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Free India Dry Accumulators has one previous CIN (Corporate Identification Number): U31402WB1949PTC017563. The current CIN is U31402WB1949PLC017563, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31402WB1949PLC017563 | Current |
| U31402WB1949PTC017563 | Previous |
Contact details
Free India Dry Accumulators Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address36A Chowringhee Road, Kolkata, West Bengal, India – 700071
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Free India Dry Accumulators Ltd, 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 Free India Dry Accumulators 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 Free India Dry Accumulators Ltd, buy the company report.
Financials of Free India Dry Accumulators Ltd
FY 2025 filings availableFree India Dry Accumulators Ltd reported revenue of ₹55.53 Lakh (up 69% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 69% growth in the latest year. EBITDA rose 78% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹27.58 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹21.48 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 49.7% | ||||
| Net Profit Margin | 38.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Free India Dry Accumulators Ltd, buy the company report.
Board of directors of Free India Dry Accumulators Ltd
Free India Dry Accumulators has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anushree Jalan Also directs: Akshya Vyapar Limited, Varun Jalan Advisors Private Limited, Zygo Flowers Limited and 5 more | Director | 19 Nov 2008 | 17 Years 11 Months | Current |
| Hemant Kumar Jalan Also directs: Akshya Vyapar Limited, Varun Jalan Advisors Private Limited, Zygo Flowers Limited and 5 more | Director | 06 Apr 1987 | 39 Years 7 Months | Current |
| Varun Jalan Also directs: Akshya Vyapar Limited, Varun Jalan Advisors Private Limited, Zygo Flowers Limited and 5 more | Director | 05 Dec 2007 | 18 Years 11 Months | Current |
Auditor
Free India Dry Accumulators Ltd is audited by P. K. Dhelia & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P. K. Dhelia & Co. | FY 2023 | 314150E |
Shareholding
The shareholding of Free India Dry Accumulators Ltd 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 Free India Dry Accumulators Ltd, buy the company report.
Legal cases
Free India Dry Accumulators Ltd has 27 court cases on record: 17 filed by Free India Dry Accumulators, 10 filed against it. 13 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 21 | 9 | 9 |
| District courts | 6 | 1 | 4 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (APD) | Filed against the company by The India Jute & Industries Ltd. | Disposed |
| Calcutta High Court | Civil suit | Filed by the company against The India Jute & Industries Limited | Disposed |
| High Court, West Bengal | Court case (CO) | Filed against the company by The Managing Director South Bengal State Transport Corporation Debasree Dhamali | Pending |
| District court, North Twenty Four Parganas, West Bengal | Civil suit | Filed against the company by Collector, Govt. of W.B. North 24 Parganas | Pending |
| Calcutta High Court | Appeal | Filed against the company by State of West Bengal & Anr | Pending |
To see the full case history of Free India Dry Accumulators Ltd, 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 Free India Dry Accumulators Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Free India Dry Accumulators has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Fida Securities Private Limited | U67120KA1995PTC018184 |
To see the full group structure of Free India Dry Accumulators Ltd, buy the company report.
GST
Free India Dry Accumulators has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACF3797Q1ZR | West Bengal | Active | 27 Jan 2020 |
To see the full GST registrations and return filing status of Free India Dry Accumulators Ltd, buy the company report.
Recent activity
Free India Dry Accumulators Ltd has 7 board changes on record since 1987: 5 appointments and 2 cessations. The latest: Paras Mal Rakhecha ceased to be Director on 16 Feb 2015.
Frequently asked questions
Free India Dry Accumulators is an active public limited company based in Kolkata, West Bengal, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 31 January 1949 (77+ years old) and is registered under CIN U31402WB1949PLC017563.
Free India Dry Accumulators has 3 current directors:
- Anushree Jalan - Director
- Hemant Kumar Jalan - Director
- Varun Jalan - Director
The latest financial statements of Free India Dry Accumulators 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 2015 are in the company report.
The GSTIN of Free India Dry Accumulators is 19AAACF3797Q1ZR, registered in West Bengal.
The CIN (Corporate Identification Number) of Free India Dry Accumulators is U31402WB1949PLC017563. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Free India Dry Accumulators has 27 court cases on record: 17 filed by the company and 10 filed against it. 13 are pending. Most are in the high courts.
Free India Dry Accumulators was incorporated on 31 January 1949, making it 77+ years old. It is registered with the Registrar of Companies, Kolkata.
Paras Mal Rakhecha ceased to be Director on 16 Feb 2015. Anushree Jalan was appointed as Director on 19 Nov 2008. Madan Gopal Lakhotia ceased to be Director on 05 Dec 2007. Free India Dry Accumulators has 7 board changes on record in total.
The registered office of Free India Dry Accumulators is at 36A Chowringhee Road, Kolkata, West Bengal, India – 700071.
Free India Dry Accumulators operates in the financial services industry, in the diversified financial services segment.
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