Freeda Properties Private Limited
About Freeda Properties Private Limited
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Freeda Properties Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate brokerage and services segment of the real estate and construction 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 U70100MH1994PTC075933.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.01 Lakh. It is led by directors including Kayzad Marker Aspi and Farida Raja.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 41 Roshni Pali Hill Bandra East, Mumbai, Maharashtra, India – 400050.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.23 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹94.93 Lakh (net margin 77.4%) and EBITDA of ₹1.16 Cr (EBITDA margin 94.5%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three 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; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Freeda Properties Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address41 Roshni Pali Hill Bandra East, Mumbai, Maharashtra, India – 400050
- IndustryReal Estate and Construction, Real Estate Brokerage & Services
To see the full contact details of Freeda Properties 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 Properties is real estate activities. In detail, this covers real estate activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities |
To see the full business activity and turnover split of Freeda Properties Private Limited, buy the company report.
Financials of Freeda Properties Private Limited
FY 2024 filings availableFreeda Properties Private Limited reported revenue of ₹1.23 Cr (up 18% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 18% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA rose 30% 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 |
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| EBITDA | ₹1.16 Cr | ||||
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| Net Profit (PAT) | ₹94.93 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 94.5% | ||||
| Net Profit Margin | 77.4% | ||||
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To see the full financial statements and ratios of Freeda Properties Private Limited, buy the company report.
Board of directors of Freeda Properties Private Limited
Freeda Properties 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: Freeda Apartments Private Limited, Farrah Apartments Private Limited, Mainstreet Properties Private Limited and 4 more | Director | 15 Feb 2024 | 2 Years 8 Months | Current |
| Farida Raja Also directs: Freeda Apartments Private Limited, Farrah Apartments Private Limited, Mainstreet Properties Private Limited and 4 more | Director | 07 Jan 1994 | 32 Years 9 Months | Current |
| Farrah Aspi Marker Also directs: Freeda Apartments Private Limited, Farrah Apartments Private Limited, Mainstreet Properties Private Limited and 3 more | Director | 28 Jan 2005 | 21 Years 8 Months | Current |
Auditor
Freeda Properties 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 Properties 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 Properties Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Mar 2023 | 100689296 | Others | ₹20 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Freeda Properties Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by BLR Logistiks India Ltd Through Authorized Representative Mr Krishnamurthy Padmanabham Iyer | Pending |
To see the full case history of Freeda Properties 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 Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Freeda Properties Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Freeda Properties 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 15 Feb 2024.
Frequently asked questions
Freeda Properties is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate brokerage and services, within the real estate and construction industry. It was incorporated on 07 January 1994 (32+ years old) and is registered under CIN U70100MH1994PTC075933.
Freeda Properties has 3 current directors:
- Kayzad Marker Aspi - Director
- Farida Raja - Director
- Farrah Aspi Marker - Director
The latest financial statements of Freeda Properties on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Freeda Properties is U70100MH1994PTC075933. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Freeda Properties has 1 court case on record: 1 filed against it. 1 is pending.
Freeda Properties 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 15 Feb 2024. Kayzad Marker Aspi ceased to be Director on 25 Feb 2011. Farrah Aspi Marker was appointed as Director on 28 Jan 2005. Freeda Properties has 4 board changes on record in total.
The registered office of Freeda Properties is at 41 Roshni Pali Hill Bandra East, Mumbai, Maharashtra, India – 400050.
Freeda Properties operates in the real estate and construction industry, in the real estate brokerage and services segment.
Freeda Properties has open charges of ₹20 Cr and no satisfied charges on record as per latest MCA filings.