About Freebie Solutions Private Limited
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Freebie Solutions Private Limited is a private limited company based in Delhi, India. It operates in the web design and maintenance services segment of the technology and IT services sector. It was incorporated on 16 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2017PTC322215. Its GSTIN is 07AADCF1779R1ZX (Delhi).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Gulshan Kumar and Bhupesh Arora.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Unit No 375 3rd Floor Aggarwal Millennium Tower – II Netaji Subhash Place Pitampura, Delhi, India – 110034.
As per the financials filed for FY 2022, the company reported a revenue of ₹58.9 Cr, a decline of 83% compared to the previous year. For the same year it recorded a net profit of ₹10.51 Lakh (net margin 0.2%) and EBITDA of ₹34.41 Lakh (EBITDA margin 0.6%). Revenue has declined at a compounded annual rate (CAGR) of 68% over three years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹18.3 Lakh on record. Court records list 7 cases involving the company, including 4 filed by the company and 3 filed against it. The company has 1 deal on record (1 secondary share transfer); the latest was in January 2021.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website freebiesolutions.com.
Company details
Contact details
Freebie Solutions Private Limited's registered office is in Delhi, Delhi. Its website is freebiesolutions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No 375 3rd Floor Aggarwal Millennium Tower – II Netaji Subhash Place Pitampura, Delhi, India – 110034
- IndustryInformation Technology, Web Design & Maintenance Services
To see the full contact details of Freebie Solutions 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 Freebie Solutions 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 Freebie Solutions Private Limited, buy the company report.
Financials of Freebie Solutions Private Limited
FY 2022 filings availableFreebie Solutions Private Limited reported revenue of ₹58.9 Cr (down 83% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 68% over three years, including a 83% fall in the latest year. EBITDA fell 55% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹58.9 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
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| Total Expenses | |||||
| EBITDA | ₹34.41 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.51 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.6% | ||||
| Net Profit Margin | 0.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Freebie Solutions Private Limited, buy the company report.
Board of directors of Freebie Solutions Private Limited
Freebie Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gulshan Kumar | Director | 16 Aug 2017 | 9 Years 2 Months | Current |
| Bhupesh Arora Also directs: Libertad Private Limited, Beetle Entertainment Private Limited | Director | 05 Feb 2019 | 7 Years 9 Months | Current |
Auditor
Freebie Solutions Private Limited is audited by DEEPAK G C GOEL & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DEEPAK G C GOEL & ASSOCIATES | FY 2022 | 020389N |
Shareholding
The shareholding of Freebie Solutions Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Freebie Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Sep 2020 | 100405261 | Axis Bank Limited | ₹15.8 Lakh | Open | |
| 15 Mar 2018 | 100183640 | Others | ₹2.5 Lakh | Open |
Total charge records: 2 View all charges
Deals & funding
Freebie Solutions Private Limited has 1 deal on record (1 secondary share transfer); the latest was in January 2021.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Freebie Solutions Private Limited has 7 court cases on record: 4 filed by Freebie Solutions, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 3 | 0 |
| District courts | 2 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against Zaggle Prepaid Ocean Services Pvt Ltd and 5 Ors. | Disposed |
| High Court, MAHARASHTRA | Commercial suit | Filed against the company by Zaggle Prepaid Ocean Services Pvt Ltd | Disposed |
| High Court, MAHARASHTRA | Court case (LPETN) | Filed against the company by Zaggle Prepaid Ocean Services Pvt. Ltd. | Disposed |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by Zaggle Prepaid Ocean Services Pvt Ltd | Disposed |
| District court, North West, Delhi | Criminal case | Filed by the company against Zaggle Prepaid Ocean Services Pvt. Ltd. | Disposed |
To see the full case history of Freebie Solutions Private Limited, 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 Freebie Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Freebie Solutions Private Limited has a workforce of 4 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Freebie Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCF1779R1ZX | Delhi | Active | 18 Sep 2017 |
To see the full GST registrations and return filing status of Freebie Solutions Private Limited, buy the company report.
Recent activity
Freebie Solutions Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Sunaina Manchanda ceased to be Director on 28 Jul 2020.
Frequently asked questions
Freebie Solutions is an active private limited company based in Delhi, India. The company works in web design and maintenance services, within the information technology industry. It was incorporated on 16 August 2017 (9+ years old) and is registered under CIN U72900DL2017PTC322215.
Freebie Solutions has 2 current directors:
- Gulshan Kumar - Director
- Bhupesh Arora - Director
The latest financial statements of Freebie Solutions on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Freebie Solutions is 07AADCF1779R1ZX, registered in Delhi.
The CIN (Corporate Identification Number) of Freebie Solutions is U72900DL2017PTC322215. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Freebie Solutions has 7 court cases on record: 4 filed by the company and 3 filed against it. Most are in the high courts.
Freebie Solutions was incorporated on 16 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
Freebie Solutions has 1 deal on record (1 secondary share transfer); the latest was in January 2021.
Sunaina Manchanda ceased to be Director on 28 Jul 2020. Bhupesh Arora was appointed as Director on 05 Feb 2019. Gulshan Kumar was appointed as Director on 16 Aug 2017.
Freebie Solutions can be reached through the website freebiesolutions.com. Its registered office is in Delhi, India.
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