Accelyst Solutions Private Limited - Company overview

Freecharge is shown as "Amalgamated" in MCA records.

2008-07-29 Mumbai, Maharashtra Amalgamated Unlisted Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹10–25 Cr
▼ -30.3%
FY 2019
PROFIT / LOSS
Loss · ₹50–100 Cr
▼ -206.1%
FY 2019
EBITDA
Loss · ₹50–100 Cr
▼ -32.6%
FY 2019
NET WORTH
₹25–50 Cr
▼ -72.8%
FY 2019
TOTAL ASSETS
₹50–100 Cr
▼ -37.8%
FY 2019
EMPLOYEE COUNT
121–130
OPEN CHARGES
1
-
PAID-UP CAPITAL
679.68 cr
AUTHORISED CAPITAL
1,000.00 cr
COMPANY AGE
18 Years 2 Months
since 2008-07-29
LAST FILING WITH ROC
2020-03-31
Last AGM: 2020-09-24
ACTIVE GST
3
Updated: 2023-02-25 02:03:54
TOTAL MONEY RAISED
₹1000+ Cr
SATISFIED CHARGES
2
23.00 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Freecharge covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score High risk
48/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (16), financial health (30), director (95) and company-foundation signals.
  • Operating for 18+ years.
Compliance Score High risk
16/100
Statutory filings, status and regulatory flags.
  • Company status is "Amalgamated" (not Active).
  • Last balance sheet filed for Mar 2020 - filings look overdue.
Financial Health Score High risk
30/100
Profitability, leverage and liquidity from filed statements.
  • Loss-making in FY 2019.
  • Positive net worth.
Director Risk Score Low risk
95/100
Board strength, DIN status and churn.
  • 5 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Freecharge Company identity, industry, contact, and registration details from MCA and company records.

Freecharge is shown as "Amalgamated" in MCA records. It was registered with ROC Mumbai on 29 July 2008 as a private limited company. The registered office is in Mumbai, Maharashtra.

In its MCA filings the main business is listed as other financial activities, which made up 100% of turnover.

It has five directors: Sameer Bhujanga Shetty, Avinash Raghavendra, Rameshwar Prasad Gupta and 2 others. The longest-serving is Rashmeet Kaur, on the board since 2019; the most recent to join is Avinash Raghavendra, appointed in January 2021. 19 former directors are on record; the most recent to leave was Asha Parthasarathi Kharga in March 2021. Between them, the directors also sit on the boards of 7 other companies, including A.Treds Limited and Ambak Fintech Private Limited.

₹680 crore of its ₹1000 crore authorised capital is paid up (about 68%). Its latest balance sheet on MCA is for the year ending 31 March 2020, and the last AGM was on 24 September 2020. All two charges registered against it have been satisfied, so no secured loan is open.

Financial Services ••••••••
  • Location 1St Floor, Corporate Park Ii, Sion-Trombay Road Near Swastik Chamber, Chembur, Mumbai, Maharashtra - 400071
  • Website freecharge.com
Legal NameAccelyst Solutions Private Limited
CIN / LLPINU72900MH2008PTC185202
Company No.185202
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date2008-07-29
Date of AGM2020-09-24
Date of Balance Sheet2020-03-31
Listing StatusUnlisted
ROC CodeRoc Mumbai
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Freecharge (5) Current board members from MCA filings, including designation and appointment details.

S
Director | Since 2019-08-30 | DIN: 08536421
A
Additional Director | Since 2021-01-28 | DIN: 09021230
R
Rameshwar Prasad Gupta
CEO | Since 2020-07-14
R
Rashmeet Kaur
Company Secretary | Since 2019-01-23
R
CEO | Since 2020-07-14 | DIN: 07019175

Financial Performance of Freecharge Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2019
Revenue ₹10–25 Cr ▼ -30.3%
P&L Loss · ₹50–100 Cr ▼ -206.1%
EBITDA Loss · ₹50–100 Cr ▼ -32.6%
Net worth ₹25–50 Cr ▼ -72.8%

Exact figures and labelled charts require an active report plan.

Verified entity values are shown only after access is granted.

Charges of Freecharge Open and satisfied charges registered against the company with MCA.

Svb India Finance Private Limited : 23.00 cr
Open Charges: 1 Satisfied Charges: 2
Open -
Satisfied 23.00 cr
LenderAmountStatus
Svb India Finance Private Limited
Creation Date: 30 Jul 2014
18.00 cr Closed
Svb India Finance Private Limited
Creation Date: 03 Jul 2013
5.00 cr Closed

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
Financial and insurance ServiceOther financial activities100

Companies With Common Directors Of Freecharge Other companies that share directors with this entity, based on MCA and compliance network data.

Financial Ratios of Freecharge Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

6 years of ratios on record

Profitability, leverage and liquidity ratios require an active report plan.

Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Freecharge Ownership and contribution detail from filings. Full breakdown unlocks with your report.

4 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Freecharge EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.

Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Freecharge GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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Credit Ratings, Litigation & Regulatory Alerts for Freecharge Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.

Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Freecharge MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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MCA Filings & Documents of Freecharge Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Freecharge Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Freecharge?
MCA does not publish an "owner" field. Freecharge is run by its directors, Sameer Bhujanga Shetty, Avinash Raghavendra, Rameshwar Prasad Gupta and two others. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Freecharge?
Freecharge has five current directors: Sameer Bhujanga Shetty (since August 2019), Avinash Raghavendra (since January 2021), Rameshwar Prasad Gupta (since July 2020), Rashmeet Kaur (since January 2019) and Rameshwar Prasad Gupta (since July 2020).
What is CIN of Freecharge?
The CIN of Freecharge is U72900MH2008PTC185202. Reading it left to right: U means it is not listed, 72900 is the industry code it registered under, MH is Maharashtra, 2008 is the year it was registered, PTC is the company type and 185202 is its registration number.
When was Freecharge incorporated?
Freecharge was incorporated on 29 July 2008 with ROC Mumbai. That makes it about 18 years old.
What is the registered address of Freecharge?
The registered office on MCA records is 1St Floor, Corporate Park Ii, Sion-Trombay Road Near Swastik Chamber, Chembur, Mumbai, Maharashtra - 400071.
What is the current status of Freecharge?
MCA shows Freecharge as "Amalgamated". It has been merged into another company and no longer exists on its own.
What is the contact number or email for Freecharge?
You can post to its registered office at 1St Floor, Corporate Park Ii, Sion-Trombay Road Near Swastik Chamber, Chembur, Mumbai, Maharashtra - 400071 and use its website, https://freecharge.com.
What industry or business activity is Freecharge associated with?
Its MCA filings list the main business as other financial activities (100% of turnover).
What is paid-up capital and authorised share capital of Freecharge?
Paid-up capital is ₹680 crore and authorised capital is ₹1000 crore, so about 68% of the authorised amount has been issued.
When did Freecharge last file accounts and hold an AGM?
The last AGM on record was on 24 September 2020, and the latest balance sheet is for the year ending 31 March 2020.
Where can I see charges and lenders for Freecharge?
No charge is open. All two charges registered against Freecharge have been satisfied. Lenders named in the filings include Svb India Finance Private Limited.
Have any directors left Freecharge?
Yes, 19 former directors are on record. The most recent to leave were Asha Parthasarathi Kharga (March 2021), Naveen Dindayal Tahilyani (September 2020) and Nishant Kyal (March 2020).
Which companies share directors with Freecharge?
7 companies share directors with Freecharge. Among them are A.Treds Limited, Ambak Fintech Private Limited, Balaji Web Infotech India Private Limited and 4 more.
What is the turnover or revenue of Freecharge?
Based on filed financial statements, the revenue of Freecharge for FY 2019 was in the ₹10–25 Cr range. That is down 30.3% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Freecharge?
For FY 2019, the net worth of Freecharge was in the ₹25–50 Cr range.
How can I get the financial details of Freecharge?
The latest accounts on record are for FY 2019. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Freecharge?
The website on record for Freecharge is https://freecharge.com.
Which company owns freecharge.com?
freecharge.com is the website listed for Accelyst Solutions Private Limited in its company records.
Freecharge - is it listed or unlisted?
Freecharge is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Freecharge?
Freecharge is registered with ROC Mumbai.
What is the company classification of Freecharge?
MCA classifies Freecharge as: Private Limited Indian Non-Government Company.
Does Freecharge have GST registrations on file?
Yes, 3 active GST registrations are linked to Freecharge, usually one per state it operates in.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.