- #912 Rakesh Malhotra & family ₹3,200 Cr

Fly Mobiles Private Limited
About Fly Mobiles Private Limited
Data last updated:
Fly Mobiles Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 06 July 2011 and has been in existence for over 15 years.
Its director Rakesh Malhotra and family are #912 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U64204DL2011PTC222032. Its GSTIN is 10AADCN6777D1ZN (Bihar). The company holds 10 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹22.3 Cr and a paid-up capital of ₹21.25 Cr. It was formerly known as Ncubate Supply Chain Solutions Private Limited. It is led by directors including Navneet Kapoor and Rakesh Malhotra.
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 Wz – 106/101 Rajouri Garden, New Delhi, Delhi, India – 110058.
As per the financials filed for FY 2025, the company reported a revenue of ₹5 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹27,000 (net margin -5.4%) and EBITDA of -₹27,000 (EBITDA margin -5.4%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 17% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹16.5 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 6 deals on record (4 funding rounds, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹28.81 Cr; the latest was in February 2018. Its 10 peer companies in the Consumer Durables industry (Electronic Appliances Retail and Distribution) are compared by revenue, 5 larger and 5 smaller; the largest is Egloo Automation Private Limited with revenue of ₹5.05 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies.
CIN History of Fly Mobiles Private Limited
Fly Mobiles has one previous CIN (Corporate Identification Number): U74140DL2011PTC222032. The current CIN is U64204DL2011PTC222032, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U64204DL2011PTC222032 | Current |
| U74140DL2011PTC222032 | Previous |
Recognitions & Rankings of Fly Mobiles
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressWz – 106/101 Rajouri Garden, New Delhi, Delhi, India – 110058
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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
Financials of Fly Mobiles Private Limited FY 2025 filings available
Fly Mobiles Private Limited reported revenue of ₹5 Lakh (up 320% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Fly Mobiles Private Limited
Revenue rose 320% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 17%. EBITDA rose 98% 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 Fly Mobiles Private Limited
| 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 | -₹27,000 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹27,000 | •••• | •••• | •••• | •••• |
| 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 Fly Mobiles Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -5.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -5.4% | •••• | •••• | •••• | •••• |
| 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 Fly Mobiles are in the company report.
Financial statements from 2015
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.
Board of Directors of Fly Mobiles Private Limited
Fly Mobiles has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Navneet Kapoor Also directs: Multiples Private Equity Fund II LLP, Navodhyam Holdings LLP, NK Family LLP and 5 more | Director | 10 Oct 2011 | 15 Years 0 Months | Current |
| Rakesh Malhotra Also directs: Livpure Smart Homes Private Limited, Lectrix E-Vehicles Private Limited, Livpure Private Limited and 3 more | Director | 06 Jul 2011 | 15 Years 3 Months | Current |
| Ajay Kumar Goswami | Director | 01 Aug 2017 | 9 Years 2 Months | Current |
Peer Comparison of Fly Mobiles Private Limited
Fly Mobiles Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Egloo Automation Private Limited | ₹5.05 Lakh (FY 2025) | •••• | •••• | 375.0% | •••• | Delhi, India |
| Asg Mumbai Enterprise Private Limited | ₹5.05 Lakh (FY 2018) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Ternary Energy Private Limited | ₹5.02 Lakh (FY 2024) | •••• | •••• | -61.0% | •••• | Kolkata, West Bengal, India |
| Ibuilding Automation Private Limited | ₹5.01 Lakh (FY 2019) | •••• | •••• | -99.0% | •••• | Chennai, Tamil Nadu, India |
| Fly Mobiles Private Limited this company | ₹5 Lakh (FY 2025) | •••• | •••• | 320.0% | •••• | New Delhi, Delhi, India |
| Satya Carpets Private Limited | ₹5 Lakh (FY 2015) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Wise Kitchen Technology (India) Private Limited | ₹5 Lakh (FY 2020) | •••• | •••• | -80.0% | •••• | Chennai, Tamil Nadu, India |
| I-Bat Technologies Private Limited | ₹5 Lakh (FY 2022) | •••• | •••• | -31.0% | •••• | Bangalore, Karnataka, India |
| Venus Infocom Private Limited | ₹4.98 Lakh (FY 2025) | •••• | •••• | -87.0% | •••• | Mumbai, Maharashtra, India |
| Rei Engineers Private Limited | ₹4.98 Lakh (FY 2025) | •••• | •••• | 43965.0% | •••• | New Delhi, Delhi, India |
| Histon Technologies Private Limited | ₹4.9 Lakh (FY 2021) | •••• | •••• | 303.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Fly Mobiles by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), 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 Fly Mobiles Private Limited
Fly Mobiles Private Limited is audited by S S KOTHARI MEHTA & COMPANY for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S S KOTHARI MEHTA & COMPANY | 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.
Ownership and Shareholding of Fly Mobiles 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 Fly Mobiles Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Dec 2011 | Ncubate India Services Private Limited | ₹16.5 Cr | Open |
Total charge records: 1 View all charges
Deals & Funding of Fly Mobiles Private Limited
Fly Mobiles Private Limited has 6 deals on record (4 funding rounds, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹28.81 Cr; the latest was in February 2018.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2018 | Acquisition | Undisclosed | Buyer: Ncubate Capital Partners Seller: Rm Investment Trust |
| Jul 2017 | Funding round | ₹19.5 Cr | Investors: Rm Investment Trust |
| Mar 2013 | Funding round | ₹6.37 Cr | Investors: IR Trading (Mauritius) Limited, 2 individuals |
| Jul 2012 | Funding round | ₹2.04 Cr | Investors: IR Trading (Mauritius) Limited, 2 individuals |
| Feb 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
Full deal history
All 6 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Fly Mobiles Private Limited
Fly Mobiles Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hisar, Haryana | Civil suit | Filed against the company by M/S K.R.Enterprises | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Fly Mobiles Private Limited
Fly Mobiles Private Limited has a workforce of 1 employees as of Apr 06, 2024.
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 Fly Mobiles Private Limited
Fly Mobiles Private Limited has 10 board changes on record since 2011: 4 appointments and 6 cessations. The latest: Madan Lal Malhotra ceased to be Director on 08 May 2021.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Fly Mobiles 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 Fly Mobiles 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 Fly Mobiles 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 Fly Mobiles Private Limited
Fly Mobiles has 10 GST registrations: 1 active and 9 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 10AADCN6777D1ZN | Bihar | Active | 01 Jul 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 Fly Mobiles 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 Fly Mobiles Private Limited
Fly Mobiles is an active private limited company based in New Delhi, Delhi, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 06 July 2011 (15+ years old) and is registered under CIN U64204DL2011PTC222032.
Fly Mobiles reported revenue of ₹5 Lakh for FY 2025 (up 320% YoY).
Fly Mobiles has 3 current directors:
- Navneet Kapoor - Director
- Rakesh Malhotra - Director
- Ajay Kumar Goswami - Director
Fly Mobiles reported a net loss of ₹27,000 (net margin -5.4%) and EBITDA of -₹27,000 (EBITDA margin -5.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Fly Mobiles is 26% over three years and -17% over five years. In the latest year (FY 2025) revenue rose 320%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Fly Mobiles is 10AADCN6777D1ZN, registered in Bihar. The company has 10 GST registrations in all, of which 1 is active and 9 are cancelled or inactive.
The CIN (Corporate Identification Number) of Fly Mobiles is U64204DL2011PTC222032. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fly Mobiles has 1 court case on record: 1 filed against it.
Fly Mobiles was incorporated on 06 July 2011, making it 15+ years old. It is registered with the Registrar of Companies, Delhi.
Fly Mobiles has 6 deals on record (4 funding rounds, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹28.81 Cr; the latest was in February 2018.
The peers of Fly Mobiles by revenue are Egloo Automation Private Limited, Asg Mumbai Enterprise Private Limited, Ternary Energy Private Limited, Ibuilding Automation Private Limited, Satya Carpets Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution).