Freeda Apartments Private Limited
About Freeda Apartments Private Limited
Data last updated:
Freeda Apartments Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 07 January 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1994PTC075931. Its GSTIN is 27AAACF0847K1ZL (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.51 Lakh. It is led by directors including Kayzad Marker Aspi and Farida Raja.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 41 Roshni Pali Hill Bandra West, Mumbai, Maharashtra, India – 400050.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.2 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹86.46 Lakh (net margin 71.8%) and EBITDA of ₹1.08 Cr (EBITDA margin 89.9%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹20 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Freeda Apartments Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address41 Roshni Pali Hill Bandra West, Mumbai, Maharashtra, India – 400050
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Freeda Apartments 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 Freeda Apartments is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Freeda Apartments Private Limited, buy the company report.
Financials of Freeda Apartments Private Limited
FY 2024 filings availableFreeda Apartments Private Limited reported revenue of ₹1.2 Cr (down 10% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 10% fall in the latest year. EBITDA fell 12% 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 2023-24 | 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 | ₹1.08 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹86.46 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 89.9% | ||||
| Net Profit Margin | 71.8% | ||||
| 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 Freeda Apartments Private Limited, buy the company report.
Board of directors of Freeda Apartments Private Limited
Freeda Apartments has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kayzad Marker Aspi Also directs: Farrah Apartments Private Limited, Mainstreet Properties Private Limited, Terrand Clothing Private Limited and 4 more | Director | 10 Apr 2023 | 3 Years 6 Months | Current |
| Farida Raja Also directs: Farrah Apartments Private Limited, Mainstreet Properties Private Limited, Terrand Clothing Private Limited and 4 more | Director | 07 Jan 1994 | 32 Years 9 Months | Current |
| Farrah Aspi Marker Also directs: Farrah Apartments Private Limited, Mainstreet Properties Private Limited, Terrand Clothing Private Limited and 3 more | Director | 28 Jan 2005 | 21 Years 9 Months | Current |
Auditor
Freeda Apartments Private Limited is audited by HEGDE AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HEGDE AND ASSOCIATES | FY 2023 | 103610W |
Shareholding
The shareholding of Freeda Apartments Private Limited 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 Freeda Apartments Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Mar 2023 | 100689295 | Others | ₹20 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Freeda Apartments Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Company petition | Filed against the company by an individual | Disposed |
To see the full case history of Freeda Apartments 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 Freeda Apartments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Freeda Apartments has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACF0847K1ZL | Maharashtra | Active | 05 Dec 2025 |
To see the full GST registrations and return filing status of Freeda Apartments Private Limited, buy the company report.
Recent activity
Freeda Apartments Private Limited has 4 board changes on record since 1994: 3 appointments and 1 cessation. The latest: Kayzad Marker Aspi was appointed as Director on 10 Apr 2023.
Frequently asked questions
Freeda Apartments is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 07 January 1994 (32+ years old) and is registered under CIN U45200MH1994PTC075931.
Freeda Apartments has 3 current directors:
- Kayzad Marker Aspi - Director
- Farida Raja - Director
- Farrah Aspi Marker - Director
The latest financial statements of Freeda Apartments on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Freeda Apartments is 27AAACF0847K1ZL, registered in Maharashtra.
The CIN (Corporate Identification Number) of Freeda Apartments is U45200MH1994PTC075931. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Freeda Apartments has 1 court case on record: 1 filed against it.
Freeda Apartments was incorporated on 07 January 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Kayzad Marker Aspi was appointed as Director on 10 Apr 2023. Kayzad Marker Aspi ceased to be Director on 25 Feb 2011. Farrah Aspi Marker was appointed as Director on 28 Jan 2005. Freeda Apartments has 4 board changes on record in total.
The registered office of Freeda Apartments is at 41 Roshni Pali Hill Bandra West, Mumbai, Maharashtra, India – 400050.
Freeda Apartments operates in the financial services industry, in the real estate financing segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
