Freedom Auto Wheels Private Limited

Freedom Auto Wheels Private Limited - automotive in Latur, Maharashtra, India. Directors, charges & compliance details.
CIN U50400MH2021PTC354272 Incorporated 01 February 2021 ROC Nagpur HQ Latur, Maharashtra, India
Active Private Limited Company automotive MSME · Micro
Data last updated
Revenue · FY 2024
₹15.35 Lakh
▼ 83% YoY
Net loss · FY 2024
₹17.88 Lakh
Net margin -116.5%
EBITDA · FY 2024
-₹12.46 Lakh
EBITDA margin -81.2%
Authorised capital
₹1.75 Cr
Registered with MCA
Paid-up capital
₹1.75 Cr
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
3
As per MCA filings
Last financials
Mar 2024
Balance sheet date

About Freedom Auto Wheels Private Limited

Data last updated:

Freedom Auto Wheels Private Limited is a private limited company based in Latur, Maharashtra, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 01 February 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U50400MH2021PTC354272.

The company has an authorised share capital of ₹1.75 Cr and a paid-up capital of ₹1.75 Cr. It is led by directors including Abdul Abdul Wali Wahid and Mohammed Farhan Abdul Waheed.

Its last annual general meeting (AGM) was held on 03 October 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at C/O. V S Kore Survey No 2960 Sagar Chowk Nanded Road, Latur, Maharashtra, India – 413512.

As per the financials filed for FY 2024, the company reported a revenue of ₹15.35 Lakh, a decline of 83% compared to the previous year. For the same year it recorded a net loss of ₹17.88 Lakh (net margin -116.5%) and EBITDA of -₹12.46 Lakh (EBITDA margin -81.2%).

Freedom Auto Wheels Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-16-0009339). For more details, the company can be reached via its website freedomford.in.

Company details

CIN U50400MH2021PTC354272
Registration Number 354272
Incorporation Date 01 February 2021
ROC Nagpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 03 October 2024
Date of Balance Sheet 31 March 2024
MSME Classification Micro
Udyam Registration UDYAM-MH-16-0009339

Recognitions & Rankings of Freedom Auto Wheels

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-16-0009339

Contact details

Freedom Auto Wheels Private Limited's registered office is in Latur, Maharashtra.

  • Registered Address
    C/O. V S Kore Survey No 2960 Sagar Chowk Nanded Road, Latur, Maharashtra, India – 413512
  • Industry
    Automotive, Auto Dealership & Trading
Comprehensive company report
Freedom Auto Wheels 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Freedom Auto Wheels is manufacturing. In detail, this covers repair & installation of machinery & equipment, motor vehicles.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC12Repair & installation of machinery & equipment, motor vehicles

To see the full business activity and turnover split of Freedom Auto Wheels Private Limited, buy the company report.

Financials of Freedom Auto Wheels Private Limited

FY 2024 filings available

Freedom Auto Wheels Private Limited reported revenue of ₹15.35 Lakh (down 83% YoY) for FY 2024.

Revenue · FY 2024
₹15.35 Lakh ▼ 83%
Net loss · FY 2024
₹17.88 Lakh margin -116.5%
EBITDA · FY 2024
-₹12.46 Lakh margin -81.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 83%
EBITDA CAGR growth
1 year
▼ 139%

Revenue fell 83% in the latest year. EBITDA fell 139% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21
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-₹12.46 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹17.88 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-81.2%
Net Profit Margin-116.5%
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 Freedom Auto Wheels Private Limited, buy the company report.

Board of directors of Freedom Auto Wheels Private Limited

Freedom Auto Wheels has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Abdul Abdul Wali WahidDirector01 Feb 20215 Years 9 MonthsCurrent
Mohammed Farhan Abdul WaheedDirector01 Feb 20215 Years 9 MonthsCurrent
Namira Mahevish Mohammed FarhanDirector01 Feb 20215 Years 9 MonthsCurrent

MSME payment delays

No delayed payments to MSME suppliers are on our record for Freedom Auto Wheels 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 Freedom Auto Wheels Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Freedom Auto Wheels Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Abdul Abdul Wali Wahid was appointed as Director on 01 Feb 2021.

AGM
Freedom Auto Wheels Private Limited last Annual general meeting of members was held on 03 Oct 2024 as per latest MCA records.
Filing
Freedom Auto Wheels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Nagpur.
Appointed
Abdul Abdul Wali Wahid was appointed as Director.
Appointed
Mohammed Farhan Abdul Waheed was appointed as Director.
Appointed
Namira Mahevish Mohammed Farhan was appointed as Director.
Incorporation
01 Feb 2021
Freedom Auto Wheels Private Limited was registered on 01 Feb 2021 with Roc Nagpur & aged 5 years 9 months as per MCA records.

Frequently asked questions

Freedom Auto Wheels is an active private limited company based in Latur, Maharashtra, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 01 February 2021 (5+ years old) and is registered under CIN U50400MH2021PTC354272.

Freedom Auto Wheels has 3 current directors:

The latest financial statements of Freedom Auto Wheels on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 03 October 2024. Year-wise statements from FY 2021 are in the company report.

The CIN (Corporate Identification Number) of Freedom Auto Wheels is U50400MH2021PTC354272. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Freedom Auto Wheels was incorporated on 01 February 2021, making it 5+ years old. It is registered with the Registrar of Companies, Nagpur.

Abdul Abdul Wali Wahid was appointed as Director on 01 Feb 2021. Mohammed Farhan Abdul Waheed was appointed as Director on 01 Feb 2021. Namira Mahevish Mohammed Farhan was appointed as Director on 01 Feb 2021.

Yes, Freedom Auto Wheels is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-16-0009339).

Freedom Auto Wheels can be reached through the website freedomford.in. Its registered office is in Latur, Maharashtra, India.

The registered office of Freedom Auto Wheels is at CO. V S Kore Survey No 2960 Sagar Chowk Nanded Road, Latur, Maharashtra, India – 413512.

Freedom Auto Wheels operates in the automotive industry, in the auto dealership and trading segment.