DPIIT recognised startup Government of India
Startup India
Flyway Innovations Private Limited
Flyway Innovations Private Limited - research & development in Bhopal, Madhya Pradesh, India. Directors, charges & compliance details.
Revenue · FY 2024
₹5.31 Lakh
Latest filing
Net loss · FY 2024
₹1.08 Lakh
Net margin -20.3%
EBITDA · FY 2024
-₹1.08 Lakh
EBITDA margin -20.3%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
4
As per MCA filings
Last financials
Mar 2025
Balance sheet date
About Flyway Innovations Private Limited
Data last updated:
Flyway Innovations Private Limited is a private limited company based in Bhopal, Madhya Pradesh, India, recognised as a startup by DPIIT. It operates in the scientific research segment of the research and development sector. It was incorporated on 13 May 2022.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U73100MP2022PTC060854.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ankur Bhatnagar and Devendra Kumar Bhatnagar.
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 C/O – Dk Bhatnagar Ram Bhawan Jahangi Rabad, Bhopal, Madhya Pradesh, India – 462016.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.31 Lakh. For the same year it recorded a net loss of ₹1.08 Lakh (net margin -20.3%) and EBITDA of -₹1.08 Lakh (EBITDA margin -20.3%).
Company Details of Flyway Innovations Private Limited
CIN U73100MP2022PTC060854
Registration Number 060854
Incorporation Date 13 May 2022
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Flyway Innovations
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressC/O – Dk Bhatnagar Ram Bhawan Jahangi Rabad, Bhopal, Madhya Pradesh, India – 462016
- IndustryResearch & Development, Science Research
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Business Activity of Flyway Innovations Private Limited
The main business activity of Flyway Innovations is professional, scientific and technical. In detail, this covers scientific research and development.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M5 | Scientific research and development | Locked |
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Financials of Flyway Innovations Private Limited FY 2025 filings available
Flyway Innovations Private Limited reported revenue of ₹5.31 Lakh for FY 2024.
Revenue · FY 2024
₹5.31 Lakh
Net loss · FY 2024
₹1.08 Lakh margin -20.3%
EBITDA · FY 2024
-₹1.08 Lakh margin -20.3%
Financial Statement Summary of Flyway Innovations Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| 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 | -₹1.08 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | -₹1.08 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 Flyway Innovations Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -20.3% | •••• |
| Net Profit Margin | -20.3% | •••• |
| 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 Flyway Innovations are in the company report.
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Financial statements from FY 2023
Earlier years and trend charts are in the company report.
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Board of Directors of Flyway Innovations Private Limited
Flyway Innovations has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankur Bhatnagar Also directs: Flywayrapid Transportation Technologies Private Limited | Director | 23 Oct 2025 | 0 Years 11 Months | Current |
| Devendra Kumar Bhatnagar | Director | 13 May 2022 | 4 Years 5 Months | Current |
| Asha Bhatnagar | Director | 13 May 2022 | 4 Years 5 Months | Current |
| H Mudiyanselage Damita Ajantkumar Bandara Nikapota | Additional Director | 15 Dec 2025 | 0 Years 10 Months | Current |
Peer Comparison of Flyway Innovations Private Limited
Flyway Innovations Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Scientific research and development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Valnizen Healthcare Private Limited | ₹5.43 Lakh (FY 2025) | •••• | •••• | -76.0% | •••• | Mumbai, Maharashtra, India |
| Eskalate Research Private Limited | ₹5.39 Lakh (FY 2024) | •••• | •••• | -1.0% | •••• | Suryapet, Telangana, India |
| Heroic Hybrid Seed Private Limited | ₹5.34 Lakh (FY 2025) | •••• | •••• | 56.0% | •••• | Delhi, India |
| Clinifluent India Private Limited | ₹5.33 Lakh (FY 2024) | •••• | •••• | -34.0% | •••• | Delhi, India |
| Katru Eco-Engineering Services Private Limited | ₹5.33 Lakh (FY 2018) | •••• | •••• | -23.0% | •••• | Puducherry, India |
| Flyway Innovations Private Limited this company | ₹5.31 Lakh (FY 2024) | •••• | •••• | •••• | Bhopal, Madhya Pradesh, India | |
| Smartmed Research Private Limited | ₹5.3 Lakh (FY 2025) | •••• | •••• | 657.0% | •••• | Bangalore, Karnataka, India |
| Femtotech Technocrates Private Limited | ₹5.29 Lakh (FY 2020) | •••• | •••• | •••• | Dehradun, Uttarakhand, India | |
| Tashita (OPC) Private Limited | ₹5.26 Lakh (FY 2025) | •••• | •••• | •••• | Khorda, Odisha, India | |
| Centillion Innovation & Technology Private Limited | ₹5.25 Lakh (FY 2023) | •••• | •••• | •••• | Lucknow, Uttar Pradesh, India | |
| Choksi Toxlab Private Limited | ₹5.21 Lakh (FY 2024) | •••• | •••• | •••• | Indore, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Flyway Innovations by revenue in the same principal business activity (Scientific research and development), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Flyway Innovations Private Limited
Flyway Innovations Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Flyway Innovations Private Limited
Employment history and EPFO contributions of people linked to Flyway Innovations.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Flyway Innovations Private Limited
Flyway Innovations Private Limited has 4 board changes on record since 2022: 4 appointments. The latest: H Mudiyanselage Damita Ajantkumar Bandara Nikapota was appointed as Additional Director on 15 Dec 2025.
Appointed
H Mudiyanselage Damita Ajantkumar Bandara Nikapota was appointed as Additional Director.
Appointed
Ankur Bhatnagar was appointed as Director.
AGM
Flyway Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Flyway Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Appointed
Asha Bhatnagar was appointed as Director.
Appointed
Devendra Kumar Bhatnagar was appointed as Director.
Incorporation
13 May 2022
Flyway Innovations Private Limited was registered on 13 May 2022 with Roc Gwalior & aged 4 years 5 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Flyway Innovations Private Limited
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Credit ratings, litigation, and regulatory alerts
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MSME Payment Delays by Flyway Innovations Private Limited
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Subsidiaries & Group Companies of Flyway Innovations Private Limited
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Corporate group structure
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GST Compliance of Flyway Innovations Private Limited
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MCA Filings & Documents of Flyway Innovations Private Limited
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Frequently Asked Questions about Flyway Innovations Private Limited
Flyway Innovations is an active private limited company based in Bhopal, Madhya Pradesh, India. The company works in science research, within the research and development industry. It was incorporated on 13 May 2022 (4+ years old) and is registered under CIN U73100MP2022PTC060854.
Flyway Innovations reported revenue of ₹5.31 Lakh for FY 2024.
Flyway Innovations has 4 current directors:
- Ankur Bhatnagar - Director
- Devendra Kumar Bhatnagar - Director
- Asha Bhatnagar - Director
- H Mudiyanselage Damita Ajantkumar Bandara Nikapota - Additional Director
Flyway Innovations reported a net loss of ₹1.08 Lakh (net margin -20.3%) and EBITDA of -₹1.08 Lakh (EBITDA margin -20.3%) for FY 2024, as per its filed financial statements.
The CIN (Corporate Identification Number) of Flyway Innovations is U73100MP2022PTC060854. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Flyway Innovations was incorporated on 13 May 2022, making it 4+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Flyway Innovations by revenue are Valnizen Healthcare Private Limited, Eskalate Research Private Limited, Heroic Hybrid Seed Private Limited, Clinifluent India Private Limited, Katru Eco-Engineering Services Private Limited and 5 more, all in the same principal business activity (Scientific research and development).
H Mudiyanselage Damita Ajantkumar Bandara Nikapota was appointed as Additional Director on 15 Dec 2025. Ankur Bhatnagar was appointed as Director on 23 Oct 2025. Asha Bhatnagar was appointed as Director on 13 May 2022. Flyway Innovations has 4 board changes on record in total.
Yes, Flyway Innovations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Flyway Innovations is at CO – Dk Bhatnagar Ram Bhawan Jahangi Rabad, Bhopal, Madhya Pradesh, India – 462016.
Flyway Innovations has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh.