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Freebowler Private Limited - consumer goods in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹22.2 Lakh
▼ 55% YoY
Net loss · FY 2023
₹10.88 Lakh
Net margin -49%
EBITDA · FY 2023
-₹3.69 Lakh
EBITDA margin -16.6%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹28.75 Lakh
Issued & subscribed
Open charges
₹75 Lakh
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
About Freebowler Private Limited
Data last updated:
Freebowler Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the sports equipment manufacturing segment of the consumer goods sector. It was incorporated on 12 September 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29299KA2019PTC127881. Its GSTIN is 29AADCF8521F1ZM (Karnataka).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹28.75 Lakh. It is led by directors including Palanethra Basavarajappa Sugganahalli and Vishwanath Kumaraswamy Hadadi.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at #79 Prakruthi Ground Floor 5th Cross 3rd Main Road 1st Stage Beml Layout, Bangalore, Karnataka, India – 560079.
As per the financials filed for FY 2023, the company reported a revenue of ₹22.2 Lakh, a decline of 55% compared to the previous year. For the same year it recorded a net loss of ₹10.88 Lakh (net margin -49%) and EBITDA of -₹3.69 Lakh (EBITDA margin -16.6%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years.
The company is associated with 1 brand: Freebowler. As per MCA filings, the company has open charges of ₹75 Lakh on record. The company has 3 deals on record (2 funding rounds, 1 debt financing), with disclosed funding of ₹78.8 Lakh; the latest was in January 2023.
Freebowler Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0230342). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website freebowler.com.
Company details
CIN U29299KA2019PTC127881
Registration Number 127881
Incorporation Date 12 September 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0230342
Key People
Palanethra Basavarajappa Sugganahalli Director Vishwanath Kumaraswamy Hadadi Director Palanethra Pratheek Director Recognitions & Rankings of Freebowler
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0230342
Contact details
Freebowler Private Limited's registered office is in Bangalore, Karnataka. Its website is freebowler.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address#79 Prakruthi Ground Floor 5th Cross 3rd Main Road 1st Stage Beml Layout, Bangalore, Karnataka, India – 560079
- IndustryConsumer Goods, Sports Equipment Manufacturing
To see the full contact details of Freebowler Private Limited, buy the company report.
Comprehensive company report
Freebowler Private Limited - 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
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Brands
Freebowler operates one associated brand: Freebowler. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Foldable bowling machines for cricket sports are provided by Freebowler. | freebowler.com |
Business activity
The main business activity of Freebowler is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Freebowler Private Limited, buy the company report.
Financials of Freebowler Private Limited
FY 2023 filings availableFreebowler Private Limited reported revenue of ₹22.2 Lakh (down 55% YoY) for FY 2023.
Revenue · FY 2023
₹22.2 Lakh ▼ 55%
Net loss · FY 2023
₹10.88 Lakh margin -49%
EBITDA · FY 2023
-₹3.69 Lakh margin -16.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 55%
3 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▲ 89%
3 years · compounded
▲ 37%
Revenue fell 55% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA rose 89% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | -₹3.69 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹10.88 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -16.6% | |||
| Net Profit Margin | -49% | |||
| 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 Freebowler Private Limited, buy the company report.
Board of directors of Freebowler Private Limited
Freebowler has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Palanethra Basavarajappa Sugganahalli | Director | 12 Sep 2019 | 7 Years 1 Months | Current |
| Vishwanath Kumaraswamy Hadadi | Director | 12 Sep 2019 | 7 Years 1 Months | Current |
| Palanethra Pratheek | Director | 12 Sep 2019 | 7 Years 1 Months | Current |
Auditor
Freebowler Private Limited is audited by G. PRADEEP AND ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G. PRADEEP AND ASSOCIATES | FY 2022 | 002710S |
Shareholding
The shareholding of Freebowler Private Limited is on record for 2 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Freebowler Private Limited, buy the company report.
Charges & borrowings
Open charges
₹75 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Aug 2023 | 100776179 | Bank of India | ₹75 Lakh | Open |
Total charge records: 1 View all charges
Deals & funding
Freebowler Private Limited has 3 deals on record (2 funding rounds, 1 debt financing), with disclosed funding of ₹78.8 Lakh; the latest was in January 2023.
Total deals
3
Funding rounds
2
Debt financing
1
Disclosed funding
₹78.8 Lakh
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2023 | Funding round | ₹25 Lakh | Investors: an individual |
| Jan 2023 | Debt financing | ₹50 Lakh | Investors: an individual |
| Jan 2022 | Funding round | ₹3.8 Lakh | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Freebowler 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 Freebowler Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Freebowler has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCF8521F1ZM | Karnataka | Active | 22 Oct 2019 |
To see the full GST registrations and return filing status of Freebowler Private Limited, buy the company report.
Recent activity
Freebowler Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Palanethra Basavarajappa Sugganahalli was appointed as Director on 12 Sep 2019.
AGM
Freebowler Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Charges
A charge with Bank Of India amounted to Rs. 0.75 Cr with Charge ID 100776179 was registered on 16 Aug 2023.
Filing
Freebowler Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Appointed
Palanethra Basavarajappa Sugganahalli was appointed as Director.
Appointed
Palanethra Pratheek was appointed as Director.
Appointed
Vishwanath Kumaraswamy Hadadi was appointed as Director.
Incorporation
12 Sep 2019
Freebowler Private Limited was registered on 12 Sep 2019 with Roc Bangalore & aged 7 years 1 month as per MCA records.
Frequently asked questions
Freebowler is an active private limited company based in Bangalore, Karnataka, India. The company works in sports equipment manufacturing, within the consumer goods industry. It was incorporated on 12 September 2019 (7+ years old) and is registered under CIN U29299KA2019PTC127881.
Freebowler has 3 current directors:
- Palanethra Basavarajappa Sugganahalli - Director
- Vishwanath Kumaraswamy Hadadi - Director
- Palanethra Pratheek - Director
The latest financial statements of Freebowler on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Freebowler is 29AADCF8521F1ZM, registered in Karnataka.
The CIN (Corporate Identification Number) of Freebowler is U29299KA2019PTC127881. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Freebowler was incorporated on 12 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Freebowler has 3 deals on record (2 funding rounds, 1 debt financing), with disclosed funding of ₹78.8 Lakh; the latest was in January 2023.
Palanethra Basavarajappa Sugganahalli was appointed as Director on 12 Sep 2019. Palanethra Pratheek was appointed as Director on 12 Sep 2019. Vishwanath Kumaraswamy Hadadi was appointed as Director on 12 Sep 2019.
Yes, Freebowler is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Freebowler is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0230342).
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