Freedom Automobiles Private Limited
About Freedom Automobiles Private Limited
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Freedom Automobiles Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 13 July 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U50101OR2004PTC007675. Its GSTIN is 21AAACF8224G1Z3 (Odisha).
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹46.22 Lakh. It is led by directors including Sanjay Lath (Managing Director) and Reena Lath.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No.283 – A Forest Park, Bhubaneswar, Odisha, India – 751009.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.66 Lakh, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹7.69 Lakh (net margin 88.8%) and EBITDA of ₹7.7 Lakh (EBITDA margin 88.9%). Revenue has declined at a compounded annual rate (CAGR) of 67% over three years and 65% over five years.
The company has about 29 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.92 Cr on record. Court records list 7 cases involving the company, including 4 filed by the company and 3 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Freedom Automobiles Private Limited's registered office is in Bhubaneswar, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No.283 – A Forest Park, Bhubaneswar, Odisha, India – 751009
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Freedom Automobiles 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 Freedom Automobiles is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Freedom Automobiles Private Limited, buy the company report.
Financials of Freedom Automobiles Private Limited
FY 2025 filings availableFreedom Automobiles Private Limited reported revenue of ₹8.66 Lakh (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 3% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 65%. EBITDA rose 4% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹7.7 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹7.69 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 88.9% | ||||
| Net Profit Margin | 88.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Freedom Automobiles Private Limited, buy the company report.
Board of directors of Freedom Automobiles Private Limited
Freedom Automobiles has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Reena Lath Also directs: Jaico Consultants Pvt Ltd | Director | 13 Jul 2004 | 22 Years 3 Months | Current |
| Ramawatar Khemka Also directs: Jaico Consultants Pvt Ltd | Director | 01 Sep 2004 | 22 Years 2 Months | Current |
| Sanjay Lath | Managing Director | 01 Sep 2004 | 22 Years 2 Months | Current |
| Rohit Khemka | Director | 01 Sep 2004 | 22 Years 2 Months | Current |
| Asish Lath | Director | 27 Jun 2015 | 11 Years 4 Months | Current |
Auditor
Freedom Automobiles Private Limited is audited by K D LATH & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K D LATH & CO | FY 2019 | 306011E |
Shareholding
The shareholding of Freedom Automobiles Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Freedom Automobiles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Dec 2015 | 10614608 | Others | ₹3.08 Cr | Open | |
| 13 Dec 2006 | 10035084 | Union Bank of India | ₹62,000 | Open | |
| 28 Jul 2005 | 90080474 | State Bank of India | ₹80 Lakh | Open | |
| 07 Sep 2004 | 90080303 | Citi Bank Finaance | ₹3.4 Lakh | Open |
To see the full charge records of Freedom Automobiles Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Freedom Automobiles Private Limited has 7 court cases on record: 4 filed by Freedom Automobiles, 3 filed against it. 5 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| Supreme Court | 4 | 3 | 3 |
| High courts | 3 | 0 | 2 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case | Filed against the company by an individual | Pending |
| Supreme Court | Court case (0407-Indirect Taxes Matters : Entry Taxes) | Filed by the company against individuals | Pending |
| Supreme Court | Appeal | Filed against the company by an individual | Pending |
| High Court | Writ petition | Filed by the company against an individual | Pending |
| High Court | Writ petition | Filed by the company against State of Odisha and 2 others | Pending |
To see the full case history of Freedom Automobiles 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 Freedom Automobiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Freedom Automobiles Private Limited has a workforce of 29 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Freedom Automobiles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAACF8224G1Z3 | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Freedom Automobiles Private Limited, buy the company report.
Recent activity
Freedom Automobiles Private Limited has 8 board changes on record since 2004: 5 appointments and 3 cessations. The latest: Shalini Khemka ceased to be Director on 31 Jan 2018.
5 earlier events are in the company report.
Frequently asked questions
Freedom Automobiles is an active private limited company based in Bhubaneswar, Odisha, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 13 July 2004 (22+ years old) and is registered under CIN U50101OR2004PTC007675.
Freedom Automobiles has 5 current directors:
- Sanjay Lath - Managing Director
- Reena Lath - Director
- Ramawatar Khemka - Director
- Rohit Khemka - Director
- Asish Lath - Director
The latest financial statements of Freedom Automobiles on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Freedom Automobiles is 21AAACF8224G1Z3, registered in Odisha.
The CIN (Corporate Identification Number) of Freedom Automobiles is U50101OR2004PTC007675. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Freedom Automobiles has 7 court cases on record: 4 filed by the company and 3 filed against it. 5 are pending. Most are in the supreme court.
Freedom Automobiles was incorporated on 13 July 2004, making it 22+ years old. It is registered with the Registrar of Companies, Cuttack.
Shalini Khemka ceased to be Director on 31 Jan 2018. Uma Devi Lath ceased to be Director on 31 Jan 2018. Asish Lath was appointed as Director on 27 Jun 2015. Freedom Automobiles has 8 board changes on record in total.
The registered office of Freedom Automobiles is at Plot No.283 – A Forest Park, Bhubaneswar, Odisha, India – 751009.
Freedom Automobiles operates in the automotive industry, in the auto dealership and trading segment.
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