About Freeelective Network Private Limited
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Freeelective Network Private Limited is a foreign private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Freeelective Llc. It operates in the online matrimonial services segment of the internet and digital services sector. It was incorporated on 09 March 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74900TN2010FTC074851. Its GSTIN is 33AABCF5347D1Z1 (Tamil Nadu).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹11.57 Lakh. It is led by directors Subramani Anil Kumar and Kartik Shankar Iyer.
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 2 Thomas Nagar 2nd Floor Little Mount Saidapet, Chennai, Tamil Nadu, India – 600015.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.66 Lakh, a growth of 18% compared to the previous year. For the same year it recorded a net loss of ₹1.41 Cr and EBITDA of -₹1.24 Cr. Revenue has grown at a compounded annual rate (CAGR) of 62% over three years and 24% over five years.
The company is associated with 2 brands: Jodi365 and FreeElective. Court records list 9 cases involving the company, including 7 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website freeelective.com.
Company details
Contact details
Freeelective Network Private Limited's registered office is in Chennai, Tamil Nadu. Its website is freeelective.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address2 Thomas Nagar 2nd Floor Little Mount Saidapet, Chennai, Tamil Nadu, India – 600015
- IndustryInternet, Online Matrimonial Services
To see the full contact details of Freeelective Network 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
Freeelective Network operates two associated brands: Jodi365 and FreeElective. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates an online social matchmaking platform tailored for Indian professionals. | jodi365.com | |
| Digital marketing and business development services are provided by FreeElective. | freeelective.com |
Business activity
The main business activity of Freeelective Network is personal and household service. In detail, this covers other personal service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| S | Personal and Household service | S4 | Other Personal service activities |
To see the full business activity and turnover split of Freeelective Network Private Limited, buy the company report.
Financials of Freeelective Network Private Limited
FY 2023 filings availableFreeelective Network Private Limited reported revenue of ₹1.66 Lakh (up 18% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 18% growth in the latest year. EBITDA rose 6% 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 | ₹1.66 Lakh | ||||
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| EBITDA | -₹1.24 Cr | ||||
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| Net Profit (PAT) | -₹1.41 Cr | ||||
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Financial Ratios
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To see the full financial statements and ratios of Freeelective Network Private Limited, buy the company report.
Board of directors of Freeelective Network Private Limited
Freeelective Network has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subramani Anil Kumar | Director | 09 Mar 2010 | 16 Years 7 Months | Current |
| Kartik Shankar Iyer Also directs: Human Ventures Private Limited | Director | 15 Mar 2023 | 3 Years 7 Months | Current |
Auditor
Freeelective Network Private Limited is audited by J SATHYARAMAN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J SATHYARAMAN & CO | FY 2023 | 07369S |
Shareholding
The shareholding of Freeelective Network 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 Freeelective Network Private Limited, buy the company report.
Legal cases
Freeelective Network Private Limited has 9 court cases on record: 7 filed by Freeelective Network, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 1 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by M/S. Matrimony.Com Limited | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against M/S. Matrimony.Com Limited | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by Matrimony.Com Limited | Disposed |
| High Court, TAMIL NADU | Court case (OSA(CAD)) | Filed by the company against M/S. Matrimony.Com Limited | Disposed |
| High Court, TAMIL NADU | Court case (C.S(COMM DIV)) | Filed by the company against M/S Matrimony Com Ltd., and 9 others | Disposed |
To see the full case history of Freeelective Network Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Freeelective Network Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Freeelective Network has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCF5347D1Z1 | Tamil Nadu | Active | 04 May 2018 |
To see the full GST registrations and return filing status of Freeelective Network Private Limited, buy the company report.
Recent activity
Freeelective Network Private Limited has 6 board changes on record since 2010: 4 appointments and 2 cessations. The latest: Gaurav Gulati ceased to be Director on 15 Mar 2023.
Frequently asked questions
Freeelective Network is an active foreign private limited company based in Chennai, Tamil Nadu, India. The company works in online matrimonial services, within the internet industry. It was incorporated on 09 March 2010 (16+ years old) and is registered under CIN U74900TN2010FTC074851.
Freeelective Network has 2 current directors:
- Subramani Anil Kumar - Director
- Kartik Shankar Iyer - Director
The latest financial statements of Freeelective Network 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 GSTIN of Freeelective Network is 33AABCF5347D1Z1, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Freeelective Network is U74900TN2010FTC074851. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Freeelective Network has 9 court cases on record: 7 filed by the company and 2 filed against it. Most are in the high courts.
Freeelective Network was incorporated on 09 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chennai.
Gaurav Gulati ceased to be Director on 15 Mar 2023. Kartik Shankar Iyer was appointed as Director on 15 Mar 2023. Gaurav Gulati was appointed as Director on 01 Dec 2012. Freeelective Network has 6 board changes on record in total.
Freeelective Network can be reached through the website freeelective.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Freeelective Network is at 2 Thomas Nagar 2nd Floor Little Mount Saidapet, Chennai, Tamil Nadu, India – 600015.