Flameback Capital Private Limited
About Flameback Capital Private Limited
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Flameback Capital Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the portfolio management services segment of the financial services sector. It was incorporated on 23 September 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65999KA2016PTC096684. Its GSTIN is 29AACCF9239M1ZZ (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹77.52 Lakh. It is led by directors including Maya Rajeev Nair and Anukrishna Sugathan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at # 61 Kbg Road Srirampuram, Bangalore, Karnataka, India – 560021.
As per the financials filed for FY 2024, the company reported a revenue of ₹21.15 Lakh, a growth of 113% compared to the previous year. For the same year it recorded a net loss of ₹39.04 Lakh (net margin -184.6%) and EBITDA of -₹26.87 Lakh (EBITDA margin -127.1%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 48% over five years.
The company is associated with 1 brand: Flameback.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social Media
- Registered Address# 61 Kbg Road Srirampuram, Bangalore, Karnataka, India – 560021
- IndustryFinancial Services, Portfolio Management Services
- 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 Flameback Capital Private Limited
The main business activity of Flameback Capital is financial and insurance service. In detail, this covers fund management services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K6 | Fund Management Services | 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 Flameback Capital Private Limited FY 2025 filings available
Flameback Capital Private Limited reported revenue of ₹21.15 Lakh (up 113% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Flameback Capital Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 48% over five years, including 113% growth in the latest year. EBITDA fell 81% 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 Flameback Capital Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹26.87 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹39.04 Lakh | •••• | •••• | •••• | •••• |
| 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 Flameback Capital Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -127.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -184.6% | •••• | •••• | •••• | •••• |
| 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 Flameback Capital are in the company report.
Financial statements from FY 2017
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.
Peer Comparison of Flameback Capital Private Limited
Flameback Capital Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Portfolio Managers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sirius Advisors Private Limited | ₹22.15 Lakh (FY 2024) | •••• | •••• | 41.0% | •••• | Mumbai, Maharashtra, India |
| Forum Synergies (India) Pe Fund Managers Private Limited | ₹22.1 Lakh (FY 2023) | •••• | •••• | -65.0% | •••• | Bangalore, Karnataka, India |
| Lyons Portfolio Managers Pvt Ltd | ₹21.89 Lakh (FY 2025) | •••• | •••• | 12.0% | •••• | Kolkata, West Bengal, India |
| Rupeelog Financial Services Private Limited | ₹21.87 Lakh (FY 2024) | •••• | •••• | -80.0% | •••• | Bengaluru, Karnataka, India |
| Nnip India Private Limited | ₹21.4 Lakh (FY 2019) | •••• | •••• | 45.0% | •••• | Mumbai, Maharashtra, India |
| Flameback Capital Private Limited this company | ₹21.15 Lakh (FY 2024) | •••• | •••• | 113.0% | •••• | Bangalore, Karnataka, India |
| Bits Portfolio Advisors Private Limited | ₹21.12 Lakh (FY 2020) | •••• | •••• | -53.0% | •••• | Navi Mumbai, Maharashtra, India |
| Velth Grow Securities Private Limited | ₹21.06 Lakh (FY 2024) | •••• | •••• | 7.0% | •••• | Mohali, Punjab, India |
| Mavm Angels Network Private Limited | ₹20.79 Lakh (FY 2024) | •••• | •••• | -98.0% | •••• | Mumbai, Maharashtra, India |
| Poloroid Investment Pvt Ltd | ₹20.55 Lakh (FY 2025) | •••• | •••• | 3.0% | •••• | Ahmedabad, Gujarat, India |
| Lakshay Portfolio Private Limited | ₹19.99 Lakh (FY 2025) | •••• | •••• | 1.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Flameback Capital by revenue in the BFSI industry (Portfolio Managers), 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 Flameback Capital Private Limited
Flameback Capital Private Limited is audited by S R R K Sharma Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S R R K Sharma 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.
Board of Directors of Flameback Capital Private Limited
Flameback Capital has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maya Rajeev Nair | Director | 07 Feb 2019 | 7 Years 8 Months | Current |
| Anukrishna Sugathan | Director | 22 Aug 2019 | 7 Years 1 Months | Current |
| Kishan Murjani Nair | Director | 23 Sep 2016 | 10 Years 0 Months | Current |
Ownership and Shareholding of Flameback Capital 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 Flameback Capital Private Limited
Flameback Capital Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Flameback Capital Private Limited
Flameback Capital operates one associated brand: Flameback. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Intelligent investing solutions and customized portfolios are offered by Flameback. | flamebackcapital.com |
Employees and EPFO Compliance at Flameback Capital Private Limited
Employment history and EPFO contributions of people linked to Flameback Capital.
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.
Recent Activity on Flameback Capital Private Limited
Flameback Capital Private Limited has 6 board changes on record since 2016: 3 appointments and 3 cessations. The latest: Manjunath Mallikarjuna Gaddi ceased to be Additional Director on 30 Dec 2020.
Credit Ratings, Litigation & Regulatory Alerts for Flameback Capital 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 Flameback Capital 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 Flameback Capital 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 Flameback Capital Private Limited
Flameback Capital has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCF9239M1ZZ | Karnataka | Active | 07 Sep 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 Flameback Capital 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 Flameback Capital Private Limited
Flameback Capital is an active private limited company based in Bangalore, Karnataka, India. The company works in portfolio management services, within the financial services industry. It was incorporated on 23 September 2016 (10+ years old) and is registered under CIN U65999KA2016PTC096684.
Flameback Capital reported revenue of ₹21.15 Lakh for FY 2024 (up 113% YoY).
Flameback Capital has 3 current directors:
- Maya Rajeev Nair - Director
- Anukrishna Sugathan - Director
- Kishan Murjani Nair - Director
Flameback Capital reported a net loss of ₹39.04 Lakh (net margin -184.6%) and EBITDA of -₹26.87 Lakh (EBITDA margin -127.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Flameback Capital is 36% over three years and 48% over five years. In the latest year (FY 2024) revenue rose 113%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Flameback Capital is 29AACCF9239M1ZZ, registered in Karnataka.
The CIN (Corporate Identification Number) of Flameback Capital is U65999KA2016PTC096684. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Flameback Capital was incorporated on 23 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Flameback Capital by revenue are Sirius Advisors Private Limited, Forum Synergies (India) Pe Fund Managers Private Limited, Lyons Portfolio Managers Pvt Ltd, Rupeelog Financial Services Private Limited, Nnip India Private Limited and 5 more, all in the BFSI industry (Portfolio Managers).
Manjunath Mallikarjuna Gaddi ceased to be Additional Director on 30 Dec 2020. Anukrishna Sugathan ceased to be Additional Director on 28 Sep 2019. Anukrishna Sugathan was appointed as Director on 22 Aug 2019. Flameback Capital has 6 board changes on record in total.
The registered office of Flameback Capital is at # 61 Kbg Road Srirampuram, Bangalore, Karnataka, India – 560021.