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Fuevation Technology Solutions Private Limited - consumer electronics & durables in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹28.73 Cr
▲ 11% YoY
Net loss · FY 2024
₹1.42 Cr
Net margin -5%
EBITDA · FY 2024
-₹91.35 Lakh
EBITDA margin -3.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.43 Lakh
Issued & subscribed
Open charges
₹3 Cr
Satisfied ₹4.25 Cr
Company age
6 yrs
Est. 2020
Employees · EPFO
59
Provident fund records
About Fuevation Technology Solutions Private Limited
Data last updated:
Fuevation Technology Solutions Private Limited is a private limited company based in New Delhi, Delhi, India, recognised as a startup by DPIIT. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 24 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U52100DL2020PTC360848. Its GSTIN is 07AADCF9994L1ZS (Delhi). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.43 Lakh. It is led by directors Vivek Kapoor (Whole-Time Director) and Pulkit Kapoor (Whole-Time Director).
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 Cgn – 181 18th Floor DLF Capital Greens 15 Shivaji Marg, New Delhi, Delhi, India – 110015.
As per the financials filed for FY 2024, the company reported a revenue of ₹28.73 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net loss of ₹1.42 Cr (net margin -5%) and EBITDA of -₹91.35 Lakh (EBITDA margin -3.2%).
The company has about 59 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: MobiGarage. As per MCA filings, the company has open charges of ₹3 Cr and satisfied charges of ₹4.25 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹8.09 Cr; the latest was in May 2021. Its 5 peer companies in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 4 larger and 1 smaller; the largest is Fortune Technocomps Pvt Ltd with revenue of ₹28.88 Cr.
Fuevation Technology Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-11-0000943). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mobigarage.com.
Company details
CIN U52100DL2020PTC360848
Registration Number 360848
Incorporation Date 24 January 2020
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-DL-11-0000943
Recognitions & Rankings of Fuevation Technology Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-11-0000943
Contact details
Fuevation Technology Solutions Private Limited's registered office is in New Delhi, Delhi. Its website is mobigarage.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressCgn – 181 18th Floor DLF Capital Greens 15 Shivaji Marg, New Delhi, Delhi, India – 110015
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Fuevation Technology Solutions Private Limited, buy the company report.
Comprehensive company report
Fuevation Technology Solutions 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
Fuevation Technology Solutions operates one associated brand: MobiGarage. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online second-hand platform offering refurbished mobile phones | mobigarage.com |
Business activity
The main business activity of Fuevation Technology Solutions 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 Fuevation Technology Solutions Private Limited, buy the company report.
Financials of Fuevation Technology Solutions Private Limited
FY 2025 filings availableFuevation Technology Solutions Private Limited reported revenue of ₹28.73 Cr (up 11% YoY) for FY 2024.
Revenue · FY 2024
₹28.73 Cr ▲ 11%
Net loss · FY 2024
₹1.42 Cr margin -5%
EBITDA · FY 2024
-₹91.35 Lakh margin -3.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 11%
EBITDA CAGR growth
1 year
▲ 79%
Revenue rose 11% in the latest year. EBITDA rose 79% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| 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 | ₹28.73 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹91.35 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.42 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.2% | ||||
| Net Profit Margin | -5% | ||||
| 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 Fuevation Technology Solutions Private Limited, buy the company report.
Board of directors of Fuevation Technology Solutions Private Limited
Fuevation Technology Solutions has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Kapoor Also directs: Fuevation Technologies LLP | Whole-Time Director | 24 Jan 2020 | 6 Years 9 Months | Current |
| Pulkit Kapoor Also directs: Fuevation Technologies LLP | Whole-Time Director | 24 Jan 2020 | 6 Years 9 Months | Current |
Peer comparison
Fuevation Technology Solutions Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fortune Technocomps Pvt Ltd | ₹28.88 Cr (FY 2025) | 41.0% | New Delhi, Delhi, India | |||
| Spectra Connectronics Private Limited | ₹28.77 Cr (FY 2016) | -5.0% | Mumbai, Maharashtra, India | |||
| Jolly Electricals Private Limited | ₹28.74 Cr (FY 2025) | -19.0% | Vadodara, Gujarat, India | |||
| Shanti Merchandise Private Limited | ₹28.74 Cr (FY 2018) | -35.0% | Kolkata, West Bengal, India | |||
| Fuevation Technology Solutions Private Limitedthis company | ₹28.73 Cr (FY 2024) | -₹1.42 Cr | -5% | 11.0% | 59 | New Delhi, Delhi, India |
| Imgod Technologies Private Limited | ₹28.56 Cr (FY 2021) | -14.0% | New Delhi, Delhi, India |
To see the full peer comparison of Fuevation Technology Solutions Private Limited, buy the company report.
Auditor
Fuevation Technology Solutions Private Limited is audited by S M A M & Co for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S M A M & Co | FY 2024 | 028845C |
Shareholding
The shareholding of Fuevation Technology Solutions Private Limited is on record for 4 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Fuevation Technology Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3 Cr
Satisfied charges
₹4.25 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jul 2025 | 101178283 | Others | ₹1.5 Cr | Satisfied | |
| 31 Dec 2022 | 100681545 | Others | ₹1.5 Cr | Satisfied | |
| 22 Sep 2022 | 100643625 | Others | ₹1.25 Cr | Satisfied |
To see the full charge records of Fuevation Technology Solutions Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Fuevation Technology Solutions Private Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹8.09 Cr; the latest was in May 2021.
Total deals
3
Funding rounds
2
Secondary share transfer
1
Disclosed funding
₹8.09 Cr
Deals on record (2 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2020 | Funding round · Seed | ₹1.12 Cr | Investors: SOSV |
To see the full deal history of Fuevation Technology Solutions 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
Fuevation Technology Solutions Private Limited has 2 court cases on record: 1 filed by Fuevation Technology Solutions, 1 filed against it. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Criminal case | Filed by the company against Ezpay Solution Private Limited | Pending |
| District court, West, Delhi | Criminal case | Filed against the company by Ia India Accelerator Pvt Ltd | Disposed |
To see the full case history of Fuevation Technology Solutions 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
No delayed payments to MSME suppliers are on our record for Fuevation Technology Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Fuevation Technology Solutions Private Limited has a workforce of 59 employees on its EPFO records as of Nov 13, 2024, across 1 active EPFO establishment.
Employee count
59
Active EPFO establishments
1
Employee growth
-16.9%
GST
Fuevation Technology Solutions has 4 GST registrations: 2 active and 2 cancelled or inactive.
Total GSTINs
4
Active
2
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCF9994L1ZS | Delhi | Active | 06 Jul 2020 |
| 03AADCF9994L1Z0 | Punjab | Active | 12 Apr 2023 |
To see the full GST registrations and return filing status of Fuevation Technology Solutions Private Limited, buy the company report.
Recent activity
Fuevation Technology Solutions Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Pulkit Kapoor was appointed as Whole-Time Director on 24 Jan 2020.
Charges
A charge registered on 22 Jul 2025 via Charge ID 101178283 with Others was fully satisfied on 03 Sep 2026.
Charges
A charge registered on 31 Dec 2022 via Charge ID 100681545 with Others was fully satisfied on 19 Aug 2026.
AGM
Fuevation Technology Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 150.00 Lakh with Charge ID 101178283 was registered on 22 Jul 2025.
Filing
Fuevation Technology Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi Ii.
Charges
A charge with Others of Rs. 150.00 Lakh registered on 31 Dec 2022 with Charge ID 100681545 was modified on 21 Jun 2024.
Charges
A charge registered on 22 Sep 2022 via Charge ID 100643625 with Others was fully satisfied on 12 May 2023.
Charges
A charge with Others amounted to Rs. 150.00 Lakh with Charge ID 100681545 was registered on 31 Dec 2022.
Charges
A charge with Others amounted to Rs. 125.00 Lakh with Charge ID 100643625 was registered on 22 Sep 2022.
Appointed
Pulkit Kapoor was appointed as Whole-Time Director.
Appointed
Vivek Kapoor was appointed as Whole-Time Director.
Incorporation
24 Jan 2020
Fuevation Technology Solutions Private Limited was registered on 24 Jan 2020 with Roc Delhi Ii & aged 6 years 9 months as per MCA records.
Frequently asked questions
Fuevation Technology Solutions 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 24 January 2020 (6+ years old) and is registered under CIN U52100DL2020PTC360848.
Fuevation Technology Solutions has 2 current directors:
- Vivek Kapoor - Whole-Time Director
- Pulkit Kapoor - Whole-Time Director
The latest financial statements of Fuevation Technology Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Fuevation Technology Solutions is 07AADCF9994L1ZS, registered in Delhi. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 03AADCF9994L1Z0 (Punjab).
The CIN (Corporate Identification Number) of Fuevation Technology Solutions is U52100DL2020PTC360848. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fuevation Technology Solutions has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending.
Fuevation Technology Solutions was incorporated on 24 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Delhi.
Fuevation Technology Solutions has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹8.09 Cr; the latest was in May 2021.
The peers of Fuevation Technology Solutions by revenue are Fortune Technocomps Pvt Ltd, Spectra Connectronics Private Limited, Jolly Electricals Private Limited, Shanti Merchandise Private Limited, Imgod Technologies Private Limited, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).
Pulkit Kapoor was appointed as Whole-Time Director on 24 Jan 2020. Vivek Kapoor was appointed as Whole-Time Director on 24 Jan 2020.
Yes, Fuevation Technology Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
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