Freemup Technologies Private Limited
About Freemup Technologies Private Limited
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Freemup Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the service-based operations segment of the business services sector. It was incorporated on 26 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC118000.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vijaya Bhaskar Reddy Valluru and Penchala Reddy Gona.
Its last annual general meeting (AGM) was held on 05 June 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No 16B Habitat Crest Opp. Zuri Hotel Rajpalya Hoodi, Bangalore, Karnataka, India – 560048.
As per the financials filed for FY 2021, the company reported a revenue of ₹2.49 Lakh, a decline of 50% compared to the previous year. For the same year it recorded a net profit of ₹5,613 (net margin 2.3%) and EBITDA of ₹21,285 (EBITDA margin 8.6%).
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- Registered AddressNo 16B Habitat Crest Opp. Zuri Hotel Rajpalya Hoodi, Bangalore, Karnataka, India – 560048
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
- 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
- One PDF report, delivered after checkout
Business Activity of Freemup Technologies Private Limited
The main business activity of Freemup Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Freemup Technologies Private Limited FY 2023 filings available
Freemup Technologies Private Limited reported revenue of ₹2.49 Lakh (down 50% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Freemup Technologies Private Limited
Revenue fell 50% in the latest year. EBITDA fell 83% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Freemup Technologies Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | ₹2.49 Lakh | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | ₹21,285 | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5,613 | •••• | •••• |
| 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 of Freemup Technologies Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 8.6% | •••• | •••• |
| Net Profit Margin | 2.3% | •••• | •••• |
| 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 | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Freemup Technologies are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Freemup Technologies Private Limited
Freemup Technologies has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijaya Bhaskar Reddy Valluru Also directs: Iwayq Technology India Private Limited, Eunoia Info Services Private Limited, Semicolon Services Private Limited and 4 more | Director | 04 Jun 2023 | 3 Years 4 Months | Current |
| Penchala Reddy Gona Also directs: Eduteccon Solutions India Private Limited, Iwayq Technology India Private Limited, Eunoia Info Services Private Limited and 2 more | Director | 04 Jun 2023 | 3 Years 4 Months | Current |
Ownership and Shareholding of Freemup Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Freemup Technologies Private Limited
Freemup Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Freemup Technologies Private Limited
Employment history and EPFO contributions of people linked to Freemup Technologies.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Freemup Technologies Private Limited
Freemup Technologies Private Limited has 5 board changes on record since 2023: 2 appointments and 3 cessations. The latest: Ashok Padliya Kumar ceased to be Director on 05 Jun 2023.
Credit Ratings, Litigation & Regulatory Alerts for Freemup Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Freemup Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Freemup Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Freemup Technologies Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Freemup Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Freemup Technologies Private Limited
Freemup Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in other services, within the business services industry. It was incorporated on 26 October 2018 (8+ years old) and is registered under CIN U74999KA2018PTC118000.
Freemup Technologies reported revenue of ₹2.49 Lakh for FY 2021 (down 50% YoY).
Freemup Technologies has 2 current directors:
- Vijaya Bhaskar Reddy Valluru - Director
- Penchala Reddy Gona - Director
Freemup Technologies reported a net profit of ₹5,613 (net margin 2.3%) and EBITDA of ₹21,285 (EBITDA margin 8.6%) for FY 2021, as per its filed financial statements.
The CIN (Corporate Identification Number) of Freemup Technologies is U74999KA2018PTC118000. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Freemup Technologies was incorporated on 26 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Ashok Padliya Kumar ceased to be Director on 05 Jun 2023. Manju Jain ceased to be Director on 05 Jun 2023. Viveknand Swami ceased to be Director on 05 Jun 2023. Freemup Technologies has 5 board changes on record in total.
The registered office of Freemup Technologies is at No 16B Habitat Crest Opp. Zuri Hotel Rajpalya Hoodi, Bangalore, Karnataka, India – 560048.
Freemup Technologies has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Freemup Technologies operates in the business services industry, in the other services segment.