Flytta Innovations Private Limited

Technology-driven moving company providing services for professionals and enterprises, including tracking and expense management.

2016 | Hyderabad, Telangana (India) | Active
Last Updated: December 24, 2024

Flytta Innovations Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.44 M
  • Company Age 8 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.00 M
  • Revenue Growth 29.95%
  • Profit Growth 116.68%
  • Ebitda 171.15%
  • Net Worth 65.49%
  • Total Assets 20.95%

About Flytta Innovations

Flytta Innovations Private Limited (FIPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 07 June 2016 (Eight years and seven months 25 days old ). Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Transport And Logistics Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 1.44 M.

The company currently has active open charges totaling ₹5.00 M.

Sravan Narasipuram, Rahul Kanuganti, and Bezawada Koutilya serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U93090TG2016PTC110155

  • Company No.

    110155

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Jun 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Transport and Logistics

Who are the key members and board of directors at Flytta Innovations?

Board Members (3)

Name Designation Appointment Date Status
Sravan Narasipuram Country flag representing In Director 18-Nov-2022 Current
Rahul Kanuganti Country flag representing In Director 07-Jun-2016 Current
Bezawada Koutilya Country flag representing In Director Current

Financial Performance of Flytta Innovations.

Flytta Innovations Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.95% increase. The company also saw a substantial improvement in profitability, with a 116.68% increase in profit. The company's net worth Soared by an impressive increase of 65.49%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
29.95%
Revenue from Operations
29.75%
Total Assets
20.95%
Profit or Loss
116.68%
Net Worth
65.49%
EBITDA
171.15%

What is the Ownership and Shareholding Structure of Flytta Innovations?

In 2023, Flytta Innovations had a public holding of 35.39%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.50 Cr

Latest Charge Details

Date Lender Amount Status
25 Aug 2023 Others ₹5.00 M Open

How Many Employees Work at Flytta Innovations?

Flytta Innovations has a workforce of 50 employees as of Mar 28, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Flytta Innovations, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Flytta Innovations's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Flytta Innovations

Recent activity within the organization

  • Annual General Meeting

    Flytta Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 5.00 M with Charge ID 100800141 was registered on 25 Aug 2023.

    25 Aug 2023

  • Balance Sheet

    Flytta Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Director Appointment

    Sravan Kumar Narasipuram was appointed as a Director was appointed as a Director on 18 Nov 2022 & has been associated with this company since 2 years 2 months .

    18 Nov 2022

  • Director Appointment

    Rahul Kanuganti was appointed as a Director was appointed as a Director on 07 Jun 2016 & has been associated with this company since 8 years 7 months .

    07 Jun 2016

  • Company Incorporation

    Flytta Innovations Private Limited was registered on 07 Jun 2016 with Roc Hyderabad & aged 8 years 7 months as per MCA records.

    07 Jun 2016

Recent News, Updates & Announcement

Frequently asked questions

  • Flytta Innovations Private Limited was incorporated on 07 Jun 2016.

  • The authorized share capital of Flytta Innovations Private Limited is ₹ 2.00 M and paid-up capital is ₹ 1.44 M.

  • Currently 3 directors are associated with Flytta Innovations Private Limited.

    • Sravan Kumar Narasipuram
    • Rahul Kanuganti
    • Bezawada Jaya Koutilya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Flytta Innovations Private Limited is 4Th Floor A Wing Square 1-98/21/B, Jai Hind Gandhi Road India, Shaikpet, Telangana, 500081.

  • The corporate identification number (CIN) of Flytta Innovations Private Limited is U93090TG2016PTC110155 and the company number is 110155 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Flytta Innovations Private Limited is https://www.goflytta.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Flytta Innovations Private Limited has risen by 29.95%.

  • As Per 2023 financial reports, 50 employees are currently employed by Flytta Innovations Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Flytta Innovations Private Limited has experienced an upsurge of 65.49%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Flytta Innovations Private Limited amount to ₹ 5.00 M.

  • The most recent Balance Sheet for Flytta Innovations Private Limited was filed with the ROC on 31 Mar 2023.

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