About Freedom Charter Services Private Limited
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Freedom Charter Services Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Ace Urban Developers Private Limited. It operates in the air transport services segment of the transport and logistics sector. It was incorporated on 03 July 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U80301TG2008PTC131418. Its GSTIN is 36AABCF2495C1ZU (Telangana). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It was formerly known as Freedom Training Academy Private Limited. It is led by directors Veerabhdra Rao Teeparti and Pasupuleti Jagannadha Rao.
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 Module A3 Quadrant No. 3 4th Floor Cyber Towers Hitec City Madhapur, Hyderabad, Telangana, India – 500081.
As per the financials filed for FY 2025, the company reported a revenue of ₹18.89 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹31.81 Cr (net margin -168.4%) and EBITDA of -₹16.46 Cr (EBITDA margin -87.1%). Revenue has grown at a compounded annual rate (CAGR) of 938% over three years and 18% over five years.
As per MCA filings, the company has open charges of ₹90 Cr and satisfied charges of ₹50.25 Cr on record. The company has 3 deals on record (2 secondary share transfers, 1 acquisition); the latest was in May 2017. Its 3 peer companies in the Aviation industry (Air Passenger Services, Charter Services), with the same principal business activity (air transport) are compared by revenue, 1 larger and 2 smaller; the largest is Golden Crane Aviation Private Limited with revenue of ₹20.34 Cr. The company has 4 MSME Form 1 returns on record between 2020 and 2022, listing 16 overdue payments to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website flyfreedom.in.
Company details
CIN history
Freedom Charter Services has one previous CIN (Corporate Identification Number): U80301MH2008PTC184277. The current CIN is U80301TG2008PTC131418, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U80301TG2008PTC131418 | Current |
| U80301MH2008PTC184277 | Previous |
Contact details
Freedom Charter Services Private Limited's registered office is in Hyderabad, Telangana. Its website is flyfreedom.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressModule A3 Quadrant No. 3 4th Floor Cyber Towers Hitec City Madhapur, Hyderabad, Telangana, India – 500081
- IndustryTransport and Logistics, Air Transport Services
To see the full contact details of Freedom Charter Services 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 Charter Services is transport and storage. In detail, this covers air transport.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H4 | Air transport |
To see the full business activity and turnover split of Freedom Charter Services Private Limited, buy the company report.
Financials of Freedom Charter Services Private Limited
FY 2025 filings availableFreedom Charter Services Private Limited reported revenue of ₹18.89 Cr (up 159% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 159% growth in the latest year. EBITDA fell 817% 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 | -₹16.46 Cr | ||||
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| Net Profit (PAT) | -₹31.81 Cr | ||||
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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 | -87.1% | ||||
| Net Profit Margin | -168.4% | ||||
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To see the full financial statements and ratios of Freedom Charter Services Private Limited, buy the company report.
Board of directors of Freedom Charter Services Private Limited
Freedom Charter Services has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Veerabhdra Rao Teeparti | Director | 12 Jun 2018 | 8 Years 4 Months | Current |
| Pasupuleti Jagannadha Rao | Director | 12 Jun 2018 | 8 Years 4 Months | Current |
Peer comparison
Freedom Charter Services Private Limited is compared with the 3 companies closest to it by revenue in the Aviation industry (Air Passenger Services, Charter Services), with the same principal business activity (air transport), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Golden Crane Aviation Private Limited | ₹20.34 Cr (FY 2025) | 20.0% | Kolkata, West Bengal, India | |||
| Freedom Charter Services Private Limitedthis company | ₹18.89 Cr (FY 2025) | -₹31.81 Cr | -168.4% | 159.0% | Hyderabad, Telangana, India | |
| Enthral Services & Aviation Private Limited | ₹18.86 Cr (FY 2025) | 19.0% | Mumbai, Maharashtra, India | |||
| Rithwik Green Power and Aviation Private Limited | ₹18.43 Cr (FY 2025) | 20.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Freedom Charter Services Private Limited, buy the company report.
Auditor
Freedom Charter Services Private Limited is audited by Akasam & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Akasam & Associates | FY 2022 | 005832S |
Shareholding
The shareholding of Freedom Charter Services 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 Freedom Charter Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Dec 2025 | 101225704 | Others | ₹90 Cr | Open | |
| 15 Nov 2017 | 100145931 | Yes Bank Limited | ₹20 Cr | Satisfied | |
| 07 Nov 2012 | 10389789 | Axis Bank Limited | ₹30.25 Cr | Satisfied |
To see the full charge records of Freedom Charter Services Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Freedom Charter Services Private Limited has 3 deals on record (2 secondary share transfers, 1 acquisition); the latest was in May 2017.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Hisghstreet Cruises and Entertainment Private Limited, Shivris Resources Private Limited , Ashish Kapadia & Hisghstreet Cruises and Entertainment Private Limited |
| Mar 2014 | Acquisition | Undisclosed | Buyer: Shivris Resources Private Limited Seller: Hisghstreet Cruises and Entertainment Private Limited |
| Oct 2012 | Secondary share transfer | Undisclosed | Buyer: Ashish Kapadia & Hisghstreet Cruises and Entertainment Private Limited, Hisghstreet Cruises and Entertainment Private Limited Seller: Freedom Aviation Private Limited , 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 Freedom Charter Services 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
Freedom Charter Services Private Limited has 4 MSME Form 1 returns on record between 2020 and 2022, listing 16 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ground Care Private Limited |
To see the full MSME payment records of Freedom Charter Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Freedom Charter Services has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AABCF2495C1ZU | Telangana | Active | 30 Mar 2019 |
| 27AABCF2495C1ZT | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Freedom Charter Services Private Limited, buy the company report.
Recent activity
Freedom Charter Services Private Limited has 6 board changes on record since 2018: 2 appointments and 4 cessations. The latest: Pasupuleti Jagannadha Rao ceased to be Additional Director on 29 Sep 2018.
3 earlier events are in the company report.
Frequently asked questions
Freedom Charter Services is an active private limited company based in Hyderabad, Telangana, India. The company works in air transport services, within the transport and logistics industry. It was incorporated on 03 July 2008 (18+ years old) and is registered under CIN U80301TG2008PTC131418.
Freedom Charter Services has 2 current directors:
- Veerabhdra Rao Teeparti - Director
- Pasupuleti Jagannadha Rao - Director
The latest financial statements of Freedom Charter Services 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 Charter Services is 36AABCF2495C1ZU, registered in Telangana. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AABCF2495C1ZT (Maharashtra).
The CIN (Corporate Identification Number) of Freedom Charter Services is U80301TG2008PTC131418. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Freedom Charter Services was incorporated on 03 July 2008, making it 18+ years old. It is registered with the Registrar of Companies, Hyderabad.
Freedom Charter Services has 3 deals on record (2 secondary share transfers, 1 acquisition); the latest was in May 2017.
The peers of Freedom Charter Services by revenue are Golden Crane Aviation Private Limited, Enthral Services & Aviation Private Limited, Rithwik Green Power and Aviation Private Limited, all in the Aviation industry (Air Passenger Services, Charter Services), with the same principal business activity (air transport).
Pasupuleti Jagannadha Rao ceased to be Additional Director on 29 Sep 2018. Veerabhdra Rao Teeparti ceased to be Additional Director on 29 Sep 2018. Ashish Kiran Kapadia ceased to be Director on 12 Jun 2018. Freedom Charter Services has 6 board changes on record in total.
Freedom Charter Services has 4 MSME Form 1 returns on record between 2020 and 2022, listing 16 overdue payments to 1 micro and small supplier. The latest return was filed on 30 Apr 2022.
Freedom Charter Services can be reached through the website flyfreedom.in. Its registered office is in Hyderabad, Telangana, India.
The registered office of Freedom Charter Services is at Module A3 Quadrant No. 3 4th Floor Cyber Towers Hitec City Madhapur, Hyderabad, Telangana, India – 500081.
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