FREEDOM RUBBER LIMITED

Registered Office :
Address167, Focal Point, Mehta Road, Amritsar - 143002, Punjab, India
Tel. No.91-183-2583350
Mobile No.91-9815000500
Fax No.91-183-2701350 / 583833
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SUMMARY
Incorporated 1986/01/29
Registration No. 16-6660
Line of Business Manufacturer and Exporter of a diverse range of cycle tyres and tubes, rubber and rubber related products.
Status Company is a well established and reputed concern having satisfactory track records. Directors are reported as experienced and respectable businessmen. Trade relations are reported as fair. Business is active.
Payments Regular
Litigation Clear
Banking Reputation Satisfactory
Auditors
Name :V. Wadhwa and Company, Chartered Accountants
Address :169-A, Rani Ka Bagh, Amritsar 143001, Punjab, India
Tel. No.:91-183-2223344 / 2400001 / 2564656 [Res.]
Mobile No.:91-9814052233 / 9814222233
Fax No.:91-183-2223344




LEGAL FORM
A Closely Held Public Limited Liability Company

DIRECTORS

DIRECTORS
Name :Mr. Rajinder Singh
Designation :Director
Address :Freedom House, Batala Road, Amritsar, Punjab, India
Date of Appointment :1991/04/28
Name :Mr. Barinder Singh
Designation :Director
Address :183/184, Shivala Road, Amritsar, Punjab, India
Date of Appointment :1995/08/28
Name :Mr. Rajbir Singh
Designation :Director
Address :183/184, Shivala Road, Amritsar, Punjab, India
Date of Appointment :1996/04/01
Name :Mr. Gurpartap Singh
Designation :Director
Address :Freedom House, Batala Road, Amritsar, Punjab, India
Date of Appointment :1996/04/01
Name :Mr. Kanwaljit Singh
Designation :Additional Director
Address :Freedom House, Opposite Dental Hostel, Batala Road, Amritsar 143 001, Punjab, India
Date of Birth/Age :1961/01/02
Date of Appointment :2008/01/21
Name :Mr. Parteek Singh
Designation :Additional Director
Address :A 235-236 Ranjit Avenue, Amritsar 143 001, Punjab, India
Date of Birth/Age :1976/08/24
Date of Appointment :2008/01/21



MAJOR SHAREHOLDERS

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN (As on 29.09.2007)
Names of ShareholdersNo. of Shares
Rajinder Singh103350
Ajit Singh114700
Barinder Singh108100
Kanwaljit Singh111360
Harminder Singh70400
Gurinder Singh56860
Sonia Arora9100
Rajinder Kaur17800
Hari Singh9100
Mandeep Jaur1560
Gurpartap Singh24700
Rajbir Singh13750
Parteek Singh22500
Amrik Singh81100
Ramneek Singh18950
Kulwant Kaur51200

(As on 30.09.2007)
Equity Share BreakupPercentage of Holding
Category
Directors or relatives of directors100.00



PRODUCTS DETAILS

Products:
Tyres
Tubes
Rubber and Allied Products


EXPORT DETAILS

Exports to :
Countries :Brazil, Italy, Egypt, Malawi, Mozambique, Kenya


IMPORT DETAILS

Imports From :
Products :Natural Rubbers, Synthetic Rubbers, Carbon Black, Rubber Chemicals, Polyester Cords, Nylon Cords





TYPE OF CUSTOMERS

Customers :
ACME International
Shree Shyam International
Freedom Sales
Sachdeva and Sons
Modern Company Cycle Dealers
Aster Spares Exports Private Limited
Cytag Exports
Diamond International
Gemmy Cycle Private Limited
Ginni Exports Private Limited
Megson Industries
Sona Engineering Corporation
Salvo Industries
Unistar Distributors Private Limited
Ashok Cycle Trading Company
Vicky Cycle Stores




BANKERS

Bankers :
Karnataka Bank Limited37-A, R. K. Building, The Mall Toad, Amritsar 143001, Punjab, India
Union Bank of IndiaMajith Mandi Branch, Amritsar 143 001, Punjab, India
ICICI Bank Limited
HDFC Bank Limited

AUDITORS
Name :V. Wadhwa and Company, Chartered Accountants
Address :169-A, Rani Ka Bagh, Amritsar 143001, Punjab, India
Tel. No.:91-183-2223344 / 2400001 / 2564656 [Res.]
Mobile No.:91-9814052233 / 9814222233
Fax No.:91-183-2223344

FINANCIAL INFORMATION

[all figures are in Rupees Millions]
Particulars2007/03/312006/03/312005/03/31
Sales Turnover128.011118.801145.912
Other Income4.4021.8240.000
Total Income132.413120.625145.912
Profit/(Loss) Before Tax0.4860.4701.282
Provision for Taxation(0.026)(0.214)0.335
Profit/(Loss) After Tax0.5120.6840.947
Earnings in Foreign Currency :NANA5.566
Expenditures :
Raw Material Consumed94.62285.4830.000
Consumption of stores and spares parts1.1731.0300.000
Administrative Expenses0.0000.0000.053
Salaries, Wages, Bonus, etc.6.4186.4140.400
Managerial Remuneration0.3600.3600.487
Payment to Auditors0.0100.0140.029
Interest3.7323.1862.921
Insurance Expenses0.3110.2850.313
Power & Fuel10.79610.7301.476
Depreciation & Amortization1.7851.7931.727
Other Expenditure12.72010.860137.224
Total Expenditure131.927120.155144.630




CAPITAL STRUCTURE

Capital Structure

Authorised Capital :
No. of SharesTypeValueAmount
2500000Equity SharesRs.10/- eachRs.25.000 Millions

Issued, Subscribed & Paid-up Capital :
No. of SharesTypeValueAmount
955780Equity SharesRs.10/- eachRs.9.558 Millions




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