About Freevice Professional Services Private Limited
Data last updated:
Freevice Professional Services Private Limited is a private limited company based in Rahatani, Maharashtra, India. It operates in the computer programming segment of the technology and IT services sector. It was incorporated on 12 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2016PTC165463. Its GSTIN is 27AACCF9033H1ZM (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Uma Solanki and Anupama Modi.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Sr. No.607 Darshan Park Wing A Shop – 1, Rahatani, Maharashtra, India – 411017.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.07 Lakh, a decline of 30% compared to the previous year. For the same year it recorded a net loss of ₹15.04 Lakh and EBITDA of -₹19.98 Lakh. Revenue has grown at a compounded annual rate (CAGR) of 196% over three years.
The company is associated with 1 brand: Freevice.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website freevice.in.
Company details
Contact details
Freevice Professional Services Private Limited's registered office is in Rahatani, Maharashtra. Its website is freevice.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressSr. No.607 Darshan Park Wing A Shop – 1, Rahatani, Maharashtra, India – 411017
- IndustryInformation Technology, Computer Programming, Consultancy
To see the full contact details of Freevice Professional 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
Brands
Freevice Professional Services operates one associated brand: Freevice. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates a digital hub for booking appointments at local beauty salons. | freevice.in |
Business activity
The main business activity of Freevice Professional Services is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Freevice Professional Services Private Limited, buy the company report.
Financials of Freevice Professional Services Private Limited
FY 2020 filings availableFreevice Professional Services Private Limited reported revenue of ₹1.07 Lakh (down 30% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 30% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 196%. EBITDA fell 126% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| 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 | -₹19.98 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹15.04 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | ||||
| Net Profit Margin | ||||
| 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 Freevice Professional Services Private Limited, buy the company report.
Board of directors of Freevice Professional Services Private Limited
Freevice Professional Services has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Uma Solanki | Director | 08 Sep 2018 | 8 Years 2 Months | Current |
| Anupama Modi | Director | 12 Jul 2016 | 10 Years 4 Months | Current |
| Abhinav Also directs: Propchat AI Realty LLP, Home-Bhk Properties Private Limited | Director | 12 Jul 2016 | 10 Years 4 Months | Current |
Auditor
Freevice Professional Services Private Limited is audited by SNR & Company for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SNR & Company | FY 2017 | 014401N |
Shareholding
The shareholding of Freevice Professional Services Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Freevice Professional Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Freevice Professional 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
No delayed payments to MSME suppliers are on our record for Freevice Professional Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Freevice Professional Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCF9033H1ZM | Maharashtra | Active | 22 Jun 2018 |
To see the full GST registrations and return filing status of Freevice Professional Services Private Limited, buy the company report.
Recent activity
Freevice Professional Services Private Limited has 4 board changes on record since 2016: 3 appointments and 1 cessation. The latest: Uma Solanki ceased to be Additional Director on 30 Sep 2019.
Frequently asked questions
Freevice Professional Services is an active private limited company based in Rahatani, Maharashtra, India. The company works in computer programming, within the information technology industry. It was incorporated on 12 July 2016 (10+ years old) and is registered under CIN U74999PN2016PTC165463.
Freevice Professional Services has 3 current directors:
- Uma Solanki - Director
- Anupama Modi - Director
- Abhinav - Director
The latest financial statements of Freevice Professional Services on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Freevice Professional Services is 27AACCF9033H1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Freevice Professional Services is U74999PN2016PTC165463. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Freevice Professional Services was incorporated on 12 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Pune.
Uma Solanki ceased to be Additional Director on 30 Sep 2019. Uma Solanki was appointed as Director on 08 Sep 2018. Abhinav was appointed as Director on 12 Jul 2016. Freevice Professional Services has 4 board changes on record in total.
Freevice Professional Services can be reached through the website freevice.in. Its registered office is in Rahatani, Maharashtra, India.
The registered office of Freevice Professional Services is at Sr. No.607 Darshan Park Wing A Shop – 1, Rahatani, Maharashtra, India – 411017.
Freevice Professional Services operates in the information technology industry, in the computer programming segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
