About Freeworld Exports Private Limited
Data last updated:
Freeworld Exports Private Limited is a private limited company based in Chennai, Tamil Nadu, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 19 March 2004.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U51420TN2004PTC052776. Its GSTIN is 21AAACF7972M1ZD (Odisha). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹8.65 Cr. It is led by directors Ramadoss Shankar and Asha Boaz Ramesh.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at No.45 First Main Road Gandhi Nagar Adyar, Chennai, Tamil Nadu, India – 600020.
As per the financials filed for FY 2018, the company reported a revenue of ₹56.19 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net loss of ₹2.55 Cr (net margin -4.5%) and EBITDA of ₹6.33 Cr (EBITDA margin 11.3%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years.
The company has about 14 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹47.2 Cr and satisfied charges of ₹86.67 Cr on record. Court records list 21 cases involving the company, including 8 filed by the company and 13 filed against it; 5 cases are pending. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹8.64 Cr; the latest was in June 2014. Its 10 peer companies in the Metals and Minerals industry (Mining) are compared by revenue, 5 larger and 5 smaller; the largest is Lal Trades & Agencies Pvt Ltd with revenue of ₹73.84 Cr.
The last known website on record is freeworldgranites.com.
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- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo.45 First Main Road Gandhi Nagar Adyar, Chennai, Tamil Nadu, India – 600020
- IndustryMetals and Minerals, Mining & Mineral Extraction
- 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 Freeworld Exports Private Limited
The main business activity of Freeworld Exports is mining and quarrying. In detail, this covers other mining & quarrying activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| B | Mining and quarrying | B4 | Other Mining & Quarrying 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 Freeworld Exports Private Limited FY 2018 filings available
Freeworld Exports Private Limited reported revenue of ₹56.19 Cr (down 12% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR) of Freeworld Exports Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 6% over three years, including a 12% fall in the latest year. EBITDA fell 33% 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 of Freeworld Exports Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹56.19 Cr | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹6.33 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.55 Cr | •••• | •••• | •••• |
| 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 Freeworld Exports Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 11.3% | •••• | •••• | •••• |
| Net Profit Margin | -4.5% | •••• | •••• | •••• |
| 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 Freeworld Exports are in the company report.
Financial statements from 2015
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 Freeworld Exports Private Limited
Freeworld Exports has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramadoss Shankar | Director | 19 Mar 2004 | 22 Years 7 Months | As last reported |
| Asha Boaz Ramesh | Director | 09 May 2014 | 12 Years 5 Months | As last reported |
Peer Comparison of Freeworld Exports Private Limited
Freeworld Exports Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Mining). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lal Trades & Agencies Pvt Ltd | ₹73.84 Cr (FY 2025) | •••• | •••• | 278.0% | •••• | Kolkata, West Bengal, India |
| Taurian MPS Limited | ₹73.7 Cr (FY 2025) | •••• | •••• | 67.0% | •••• | Mumbai, Maharashtra, India |
| Natural Bleach Earths Limited | ₹72.99 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Secunderabad, Telangana, India |
| Ramniwas Mining Private Limited | ₹72.88 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Rourkela, Odisha, India |
| Imperial Granites Private Limited | ₹71.67 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Cathedral Road, Madras-86., Tamil Nadu, India |
| Peepal Mining and Logistics Private Limited | ₹71.21 Cr (FY 2025) | •••• | •••• | 1030.0% | •••• | Raipur, Chhattisgarh, India |
| Naaraayani Minerals Private Limited | ₹70.73 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Seraikelakharsawan, Jharkhand, India |
| Stone Empire Private Limited | ₹69.99 Cr (FY 2025) | •••• | •••• | 105.0% | •••• | Jaipur, Rajasthan, India |
| Durga Buildwell Private Limited | ₹69.81 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | New Delhi, Delhi, India |
| Usha Microns Private Limited | ₹69.66 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Udaipur, Rajasthan, India |
| Freeworld Exports Private Limited this company | ₹56.19 Cr (FY 2018) | •••• | •••• | -12.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Freeworld Exports by revenue in the Metals and Minerals industry (Mining), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Freeworld Exports Private Limited
Freeworld Exports Private Limited is audited by KANNAN ASSOCIATES for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KANNAN ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Freeworld Exports 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 Freeworld Exports Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Feb 2019 | Others | ₹12 Lakh | Open |
| 15 Feb 2019 | Others | ₹13.5 Lakh | Open |
| 15 Feb 2019 | Others | ₹13.5 Lakh | Open |
| 15 Feb 2019 | Others | ₹12 Lakh | Open |
| 15 Feb 2019 | Others | ₹10 Lakh | Open |
Total charge records: 76 View all charges
Deals & Funding of Freeworld Exports Private Limited
Freeworld Exports Private Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹8.64 Cr; the latest was in June 2014.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Nov 2011 | Funding round | ₹65 Lakh | Investors: 2 individuals |
| Apr 2007 | Funding round | ₹7.99 Cr | Investors: 2 individuals |
Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Freeworld Exports Private Limited
Freeworld Exports Private Limited has 21 court cases on record: 8 filed by Freeworld Exports, 13 filed against it. 5 cases are pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 12 | 5 |
| High courts | 5 | 0 | 0 |
| NCLT | 2 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Srei Equipment Finance Limited | Pending |
| NCLT, Chennai | Court case (MA(IBC)) | Filed by the company against Crosby Engineering Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Puyvast Maritime India Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Puyvast Maritime India Private Limited | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by M/S Srei Equipment Finance Limited | Disposed |
Full case history
All 21 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Freeworld Exports Private Limited
Freeworld Exports Private Limited has a workforce of 14 employees as of Apr 09, 2024.
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.
Group Structure of Freeworld Exports Private Limited
Freeworld Exports has 1 subsidiary company. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Freeworld Granites Private Limited | U14200TN2011PTC082222 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Freeworld Exports Private Limited
Freeworld Exports Private Limited has 3 board changes on record since 2004: 2 appointments and 1 cessation. The latest: Asha Boaz Ramesh was appointed as Director on 09 May 2014.
133 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Freeworld Exports 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 Freeworld Exports 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 Freeworld Exports 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 Freeworld Exports Private Limited
Freeworld Exports has 5 GST registrations: 4 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAACF7972M1ZD | Odisha | Active | 01 Jul 2017 |
| 29AAACF7972M1ZX | Karnataka | Active | 01 Jul 2017 |
| 36AAACF7972M1Z2 | Telangana | Active | 01 Jul 2017 |
| 37AAACF7972M1Z0 | Andhra Pradesh | Active | 01 Jul 2017 |
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 Freeworld Exports 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 Freeworld Exports Private Limited
Freeworld Exports is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Freeworld Exports is a company under liquidation, formerly operating as a private limited company based in Chennai, Tamil Nadu, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 19 March 2004 and is registered under CIN U51420TN2004PTC052776. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Freeworld Exports reported revenue of ₹56.19 Cr for FY 2018 (down 12% YoY).
Freeworld Exports has 2 current directors:
- Ramadoss Shankar - Director
- Asha Boaz Ramesh - Director
Freeworld Exports reported a net loss of ₹2.55 Cr (net margin -4.5%) and EBITDA of ₹6.33 Cr (EBITDA margin 11.3%) for FY 2018, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Freeworld Exports is -6% over three years. In the latest year (FY 2018) revenue fell 12%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Freeworld Exports is U51420TN2004PTC052776. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Freeworld Exports has open charges of ₹47.2 Cr and satisfied charges of ₹86.67 Cr as per latest MCA filings.
Freeworld Exports has 21 court cases on record: 8 filed by the company and 13 filed against it. 5 are pending. Most are in the district courts.
Freeworld Exports was incorporated on 19 March 2004. It is registered with the Registrar of Companies, Chennai.
Freeworld Exports has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹8.64 Cr; the latest was in June 2014.