- Category
- Micro (2022-23)
- Udyam number
- UDYAM-UP-75-0007133

Freedom Tieup Private Limited
About Freedom Tieup Private Limited
Data last updated:
Freedom Tieup Private Limited is a private limited company based in Varanasi, Uttar Pradesh, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 18 May 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U51909UP2010PTC098756.
The company has an authorised share capital of ₹11 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shweta Rani and Sumit Verma.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at K – 62/80A 80B – 68A Bulanala, Varanasi, Uttar Pradesh, India – 221001.
As per the financials filed for FY 2023, the company reported a revenue of ₹8.15 Lakh, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹29,483 (net margin 3.6%) and EBITDA of ₹39,264 (EBITDA margin 4.8%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 47% over five years.
As per MCA filings, the company has open charges of ₹1.5 Cr on record.
Freedom Tieup Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-75-0007133). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Freedom Tieup has one previous CIN (Corporate Identification Number): U51909WB2010PTC148307. The current CIN is U51909UP2010PTC098756, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909UP2010PTC098756 | Current |
| U51909WB2010PTC148307 | Previous |
Recognitions & Rankings of Freedom Tieup
Contact details
Freedom Tieup Private Limited's registered office is in Varanasi, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressK – 62/80A 80B – 68A Bulanala, Varanasi, Uttar Pradesh, India – 221001
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Freedom Tieup 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 Tieup is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Freedom Tieup Private Limited, buy the company report.
Financials of Freedom Tieup Private Limited
FY 2023 filings availableFreedom Tieup Private Limited reported revenue of ₹8.15 Lakh (up 12% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 12% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 47%. EBITDA fell 31% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹8.15 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹39,264 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹29,483 | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.8% | ||||
| Net Profit Margin | 3.6% | ||||
| 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 Tieup Private Limited, buy the company report.
Board of directors of Freedom Tieup Private Limited
Freedom Tieup has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shweta Rani Also directs: Verma Emporium Private Limited, Bluerose Agency Private Limited, Honey Jewellery Private Limited and 2 more | Director | 12 Mar 2012 | 14 Years 7 Months | Current |
| Sumit Verma Also directs: Verma Emporium Private Limited, Shree Amby Jems Private Limited, Bluerose Agency Private Limited and 3 more | Director | 10 Dec 2019 | 6 Years 10 Months | Current |
Peer comparison
Freedom Tieup Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Karp Diamonds Private Limited | ₹8.16 Lakh (FY 2025) | -99.0% | Mumbai, Maharashtra, India | |||
| Freedom Tieup Private Limitedthis company | ₹8.15 Lakh (FY 2023) | ₹29,483 | 3.6% | 12.0% | Varanasi, Uttar Pradesh, India | |
| Bhagsu Brands Private Limited | ₹8.15 Lakh (FY 2024) | -27.0% | Kangra, Himachal Pradesh, India | |||
| Zhoa Venture Private Limited | ₹8.1 Lakh (FY 2021) | -97.0% | Mumbai, Maharashtra, India | |||
| Sanskriti Jewels Private Limited | ₹8.08 Lakh (FY 2024) | 2.0% | New Delhi, Delhi, India |
To see the full peer comparison of Freedom Tieup Private Limited, buy the company report.
Auditor
Freedom Tieup Private Limited is audited by Kapoor Jalan & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kapoor Jalan & Associates | FY 2023 | 023438C |
Shareholding
The shareholding of Freedom Tieup 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 Tieup Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Oct 2021 | 100494979 | Axis Bank Limited | ₹1.5 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Freedom Tieup 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
No delayed payments to MSME suppliers are on our record for Freedom Tieup Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Freedom Tieup has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Freedom Tieup Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Freedom Tieup Private Limited has 9 board changes on record since 2012: 2 appointments and 7 cessations. The latest: Sumit Verma was appointed as Director on 10 Dec 2019.
1 earlier event is in the company report.
Frequently asked questions
Freedom Tieup is an active private limited company based in Varanasi, Uttar Pradesh, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 18 May 2010 (16+ years old) and is registered under CIN U51909UP2010PTC098756.
Freedom Tieup has 2 current directors:
- Shweta Rani - Director
- Sumit Verma - Director
The latest financial statements of Freedom Tieup on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Freedom Tieup is U51909UP2010PTC098756. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Freedom Tieup was incorporated on 18 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Freedom Tieup by revenue are Karp Diamonds Private Limited, Bhagsu Brands Private Limited, Zhoa Venture Private Limited, Sanskriti Jewels Private Limited, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (wholesale trading).
Sumit Verma was appointed as Director on 10 Dec 2019. Sumit Verma ceased to be Director on 10 Jun 2019. Ashutosh Narayan Mehta ceased to be Director on 23 Jul 2012. Freedom Tieup has 9 board changes on record in total.
Yes, Freedom Tieup is registered as a micro enterprise under Udyam registration (number: UDYAM-UP-75-0007133).
The registered office of Freedom Tieup is at K – 6280A 80B – 68A Bulanala, Varanasi, Uttar Pradesh, India – 221001.
Freedom Tieup operates in the consumer goods industry, in the jewelry and gemstone retail and distribution segment.
Freedom Tieup has open charges of ₹1.5 Cr and no satisfied charges on record as per latest MCA filings.