Fortune India 500 2025 edition
Rank#38- Total income
- ₹84,230 Cr
- Profit
- ₹-5,189 Cr
Flipkart India Private Limited - e-commerce in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹83,105 Cr
▲ 17% YoY
Net loss · FY 2025
₹5,016.8 Cr
Net margin -6%
EBITDA · FY 2025
-₹4,559 Cr
EBITDA margin -5.5%
Authorised capital
₹2.8 Cr
Registered with MCA
Paid-up capital
₹1.46 Cr
Issued & subscribed
Open charges
₹6.61 Cr
Satisfied ₹2,266.22 Cr
Company age
15 yrs
Est. 2011
Employees · EPFO
1,005
Provident fund records
About Flipkart India Private Limited
Data last updated:
Flipkart India Private Limited is a private limited company based in Bengaluru, Karnataka, India, a subsidiary of Flipkart Private Limited. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 19 September 2011 and has been in existence for over 15 years.
Flipkart India is ranked #38 on the Fortune India 500 (2025).
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51909KA2011PTC060489. Its GSTIN is 29AABCF8078M1ZX (Karnataka). The company holds 42 GST registrations, of which 35 are active.
The company has an authorised share capital of ₹2.8 Cr and a paid-up capital of ₹1.46 Cr. It is led by directors including Rohit Musaddi (Whole-Time Director) and Prabhu Bala Srinivasan.
Its last annual general meeting (AGM) was held on 25 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Buildings Alyssa Begonia & Clover Embassy Tech Village Outer Ring Road, Bengaluru, Karnataka, India – 560103.
As per the financials filed for FY 2025, the company reported a revenue of ₹83,105 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net loss of ₹5,016.8 Cr (net margin -6%) and EBITDA of -₹4,559 Cr (EBITDA margin -5.5%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 19% over five years.
The company has about 1,005 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Flipkart Wholesale. As per MCA filings, the company has open charges of ₹6.61 Cr and satisfied charges of ₹2,266.22 Cr on record. Court records list 178 cases involving the company, including 52 filed by the company and 126 filed against it; 63 cases are pending. The company has 13 deals on record (10 rights issues, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹759.03 Cr; the latest was in January 2025. The company has 185 MSME Form 1 returns on record between 2017 and 2023, listing 1,01,062 overdue payments to 964 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website flipkartwholesale.com.
Company details
CIN U51909KA2011PTC060489
Registration Number 060489
Incorporation Date 19 September 2011
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 July 2025
Date of Balance Sheet 31 March 2025
Parent Company Flipkart Private Limited
Compliance Status Active Compliant
Key People
Rohit Musaddi Whole-Time Director Prabhu Bala Srinivasan Director Bankim Chandra Shah Director Recognitions & Rankings of Flipkart India
Contact details
Flipkart India Private Limited's registered office is in Bengaluru, Karnataka. Its website is flipkartwholesale.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressBuildings Alyssa Begonia & Clover Embassy Tech Village Outer Ring Road, Bengaluru, Karnataka, India – 560103
- IndustryE-Commerce, General E-Commerce Platforms
To see the full contact details of Flipkart India Private Limited, buy the company report.
Comprehensive company report
Flipkart India Private Limited - one report that includes everything
- 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
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Brands
Flipkart India operates one associated brand: Flipkart Wholesale. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates an app-based B2B platform for fashion products. | flipkartwholesale.com |
Business activity
The main business activity of Flipkart India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Flipkart India Private Limited, buy the company report.
Financials of Flipkart India Private Limited
FY 2025 filings availableFlipkart India Private Limited reported revenue of ₹83,105 Cr (up 17% YoY) for FY 2025.
Revenue · FY 2025
₹83,105 Cr ▲ 17%
Net loss · FY 2025
₹5,016.8 Cr margin -6%
EBITDA · FY 2025
-₹4,559 Cr margin -5.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 18%
5 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▼ 17%
3 years · compounded
▼ 12%
5 years · compounded
▼ 8%
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 17% growth in the latest year. EBITDA fell 17% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹4,559 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5,016.8 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -5.5% | ||||
| Net Profit Margin | -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 | |||||
To see the full financial statements and ratios of Flipkart India Private Limited, buy the company report.
Board of directors of Flipkart India Private Limited
Flipkart India has 3 current directors and 22 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prabhu Bala Srinivasan Also directs: Flipkart Insurance Solutions Private Limited | Director | 03 Jul 2018 | 8 Years 3 Months | Current |
| Rohit Musaddi | Whole-Time Director | 05 Mar 2024 | 2 Years 7 Months | Current |
| Bankim Chandra Shah Also directs: Exmyn Brands Private Limited, Flipkart Health Limited | Director | 22 Jan 2025 | 1 Years 9 Months | Current |
Auditor
Flipkart India Private Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Associates LLP | FY 2023 | 101049W/E300004 |
Shareholding
The shareholding of Flipkart India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Flipkart India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹6.61 Cr
Satisfied charges
₹2,266.22 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Feb 2016 | 10622510 | Hdfc Bank Limited | ₹6.61 Cr | Open | |
| 25 Jul 2018 | 100192705 | Others | ₹1,016.17 Cr | Satisfied | |
| 07 Jul 2017 | 100111636 | Axis Bank Limited | ₹950 Cr | Satisfied | |
| 14 Sep 2016 | 100066053 | Others | ₹300 Cr | Satisfied | |
| 03 Sep 2015 | 10591468 | Others | ₹5.01 Lakh | Satisfied |
To see the full charge records of Flipkart India Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Flipkart India Private Limited has 13 deals on record (10 rights issues, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹759.03 Cr; the latest was in January 2025.
Total deals
13
Rights issues
10
Secondary share transfers
2
Funding round
1
Disclosed funding
₹759.03 Cr
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2025 | Rights issue | ₹1,640 Cr | Investors: Flipkart Pte Limited |
| Mar 2024 | Rights issue | ₹441.88 Cr | Investors: Flipkart Pte Limited |
| Nov 2023 | Rights issue | ₹1,902.5 Cr | Investors: Flipkart Pte Limited |
| Nov 2012 | Secondary share transfer | Undisclosed | Buyer: Flipkart Pte Limited Seller: Flipkart Online Services Private Limited |
| Dec 2011 | Funding round | ₹759.03 Cr | Investors: Flipkart Pte Limited, Flipkart Online Services Private Limited , Flipkart Marketplace Pte Limited |
To see the full deal history of Flipkart India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Flipkart India Private Limited has 178 court cases on record: 52 filed by Flipkart India, 126 filed against it. 63 cases are pending and 115 are disposed.
Total cases
178
Filed by the company
52
Filed against the company
126
Pending
63
Disposed
115
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 82 | 39 | 32 |
| District courts | 79 | 73 | 30 |
| Supreme Court | 15 | 12 | 0 |
| NCLAT | 2 | 2 | 1 |
Cases on record (5 of 178)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bulandshahr, Uttar Pradesh | Criminal miscellaneous application | Filed against the company by Patanjali Foods Limited Through Ambrish Kumar | Pending |
| District court, South East, Delhi | Commercial suit | Filed against the company by M/S Velocity Consumers Ventures Private Limited | Pending |
| District court, Central, Delhi | Commercial suit | Filed against the company by The Supreme Industries Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SW) | Filed against the company by Cloud Walker Streaming Technologies Pvt Ltd | Pending |
| High Court, TAMIL NADU | Appeal | Filed against the company by Go Fashion India Limited | Pending |
To see the full case history of Flipkart India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Flipkart India Private Limited has 185 MSME Form 1 returns on record between 2017 and 2023, listing 1,01,062 overdue payments to 964 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 964)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shoemaker Lifestyle Private Limited | |||
| Zetwerk Manufacturing Businesses Limited | |||
| JNKB High Grow Private Limited | |||
| Tainwala Personal Care Products Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Flipkart India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Flipkart India has 1 joint venture and 4 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Joint ventures
4
Associated companies
Employees & EPFO
Flipkart India Private Limited has a workforce of 1,005 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.
Employee count
1,005
Active EPFO establishments
1
Employee growth
-14.1%
GST
Flipkart India has 42 GST registrations: 35 active and 7 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
42
Active
35
Cancelled / inactive
7
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCF8078M1ZX | Karnataka | Active | 01 Jul 2017 |
| 29AABCF8078M2ZW | Karnataka | Active | 06 Jul 2017 |
| 29AABCF8078M1C8 | Karnataka | Active | 29 Jun 2020 |
| 06AABCF8078M1Z5 | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Flipkart India Private Limited, buy the company report.
Recent activity
Flipkart India Private Limited has 25 board changes on record since 2011: 3 appointments and 22 cessations. The latest: Bankim Chandra Shah ceased to be Additional Director on 20 May 2025.
AGM
Flipkart India Private Limited last Annual general meeting of members was held on 25 Jul 2025 as per latest MCA records.
Ceased
Bankim Chandra Shah ceased to be Additional Director.
Filing
Flipkart India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Bankim Chandra Shah was appointed as Director.
Appointed
Rohit Musaddi was appointed as Whole-Time Director.
Ceased
Rohit Musaddi ceased to be Additional Director.
Ceased
Swati Biswas ceased to be Additional Director.
Ceased
Vishwanath Shidramappa Kolhar ceased to be Additional Director.
Ceased
Yogesh Gupta ceased to be Additional Director.
Ceased
Santosh Kumar Bethala ceased to be Director.
Ceased
Chanakya Gupta ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited of Rs. 6.61 Cr registered on 23 Feb 2016 with Charge ID 10622510 was modified on 07 Sep 2020.
28 earlier events are in the company report.
News
From our blog
Frequently asked questions
Flipkart India is an active private limited company based in Bengaluru, Karnataka, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 19 September 2011 (15+ years old) and is registered under CIN U51909KA2011PTC060489.
Flipkart India has 3 current directors:
- Rohit Musaddi - Whole-Time Director
- Prabhu Bala Srinivasan - Director
- Bankim Chandra Shah - Director
The latest financial statements of Flipkart India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Flipkart India is 29AABCF8078M1ZX, registered in Karnataka. The company has 42 GST registrations in all, of which 35 are active and 7 are cancelled or inactive. Other active GSTINs include 29AABCF8078M2ZW (Karnataka), 29AABCF8078M1C8 (Karnataka), 06AABCF8078M1Z5 (Haryana).
The CIN (Corporate Identification Number) of Flipkart India is U51909KA2011PTC060489. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Flipkart India has 178 court cases on record: 52 filed by the company and 126 filed against it. 63 are pending. Most are in the high courts.
Flipkart India was incorporated on 19 September 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Flipkart India has 13 deals on record (10 rights issues, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹759.03 Cr; the latest was in January 2025.
Bankim Chandra Shah ceased to be Additional Director on 20 May 2025. Bankim Chandra Shah was appointed as Director on 22 Jan 2025. Rohit Musaddi was appointed as Whole-Time Director on 05 Mar 2024. Flipkart India has 25 board changes on record in total.
Flipkart India has 185 MSME Form 1 returns on record between 2017 and 2023, listing 1,01,062 overdue payments to 964 micro and small suppliers. The latest return was filed on 12 Jan 2024.
Flipkart India can be reached through the website flipkartwholesale.com. Its registered office is in Bengaluru, Karnataka, India.
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