- #122 Kuldip Singh Dhingra & family ₹27,400 Cr
- #122 Gurbachan Singh Dhingra & family ₹27,400 Cr

Flex Properties Private Limited
About Flex Properties Private Limited
Data last updated:
Flex Properties Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of U K Paints (India) Private Limited. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 15 December 1981 and has been in existence for over 45 years.
Its director Kuldip Singh Dhingra and family are #122 among India's richest people (2026). Its director Gurbachan Singh Dhingra and family are #122 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1981PTC012828. Its GSTIN is 07AAACF0357N1ZK (Delhi).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Kuldip Singh Dhingra and Gurbachan Singh Dhingra.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 38 Dda Commercial Complexzamrudpur, New Delhi, Delhi, India – 110048.
As per the financials filed for FY 2025, the company reported a revenue of ₹62.59 Lakh, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹44.02 Lakh (net margin 70.3%) and EBITDA of ₹59.14 Lakh (EBITDA margin 94.5%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 1% over five years.
Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Flex Properties
Contact details
Flex Properties Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address38 Dda Commercial Complexzamrudpur, New Delhi, Delhi, India – 110048
- IndustryReal Estate, Real Estate Leasing
To see the full contact details of Flex Properties Private Limited, buy the company report.
- 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
Business activity
The main business activity of Flex Properties is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Flex Properties Private Limited, buy the company report.
Financials of Flex Properties Private Limited
FY 2025 filings availableFlex Properties Private Limited reported revenue of ₹62.59 Lakh (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 4% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 10% 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 |
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| EBITDA | ₹59.14 Lakh | ||||
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| Net Profit (PAT) | ₹44.02 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 94.5% | ||||
| Net Profit Margin | 70.3% | ||||
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To see the full financial statements and ratios of Flex Properties Private Limited, buy the company report.
Board of directors of Flex Properties Private Limited
Flex Properties has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kuldip Singh Dhingra Also directs: Scorpio Research and Consultants LLP, KSD Buildwell LLP, Oakleaf Probuilt LLP and 5 more | Director | 09 May 1995 | 31 Years 5 Months | Current |
| Gurbachan Singh Dhingra Also directs: Scorpio Research and Consultants LLP, KSD Buildwell LLP, Oakleaf Probuilt LLP and 5 more | Director | 09 May 1995 | 31 Years 5 Months | Current |
| Naveen Choudhary Also directs: U K Paints (India) Private Limited, Kanwar Green Lands Private Ltd., Sunaina Evergreen Private Limited and 5 more | Director | 10 Feb 2007 | 19 Years 8 Months | Current |
Peer comparison
Flex Properties Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Zoladel Impex Private Limited | ₹62.68 Lakh (FY 2025) | -47.0% | New Delhi, Delhi, India | |||
| Bright Hills Infra Projects Private Limited | ₹62.63 Lakh (FY 2019) | 86.0% | Palghar, Maharashtra, India | |||
| Arjun KKR Developers Limited | ₹62.61 Lakh (FY 2025) | -71.0% | New Delhi, Delhi, India | |||
| Rajpachar Estate Private Limited | ₹62.6 Lakh (FY 2024) | 35.0% | Jaipur, Rajasthan, India | |||
| Saivikranth Real Estate Private Limited | ₹62.59 Lakh (FY 2025) | 24.0% | Mahabubnagar, Telangana, India | |||
| Flex Properties Private Limitedthis company | ₹62.59 Lakh (FY 2025) | ₹44.02 Lakh | 70.3% | 4.0% | New Delhi, Delhi, India | |
| KRC Hotels and Resorts Private Limited | ₹62.56 Lakh (FY 2024) | -11.0% | Tezpur, Assam, India | |||
| B S Developers Private Limited | ₹62.54 Lakh (FY 2017) | -2.0% | Mumbai, Maharashtra, India | |||
| N. S. Buildtech Private Limited | ₹62.52 Lakh (FY 2024) | 32.0% | New Delhi, Delhi, India | |||
| Shree Radheradhe Arcade Private Limited | ₹62.45 Lakh (FY 2024) | -5.0% | Adipur, Gujarat, India | |||
| Dharmak Builders & Colonizers Private Limited | ₹62.45 Lakh (FY 2024) | 20.0% | Gorakhpur, Uttar Pradesh, India |
To see the full peer comparison of Flex Properties Private Limited, buy the company report.
Auditor
Flex Properties Private Limited is audited by J.C. BHALLA AND CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J.C. BHALLA AND CO. | FY 2017 | 001111N |
Shareholding
The shareholding of Flex Properties Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Flex Properties Private Limited, buy the company report.
Legal cases
Flex Properties Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Tax appeal | Filed against the company by Commissioner of Income Tax Del | Disposed |
| High Court of Delhi | Tax appeal | Filed against the company by Commissioner of Income Tax | Disposed |
To see the full case history of Flex Properties 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 Flex Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Flex Properties has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACF0357N1ZK | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Flex Properties Private Limited, buy the company report.
Recent activity
Flex Properties Private Limited has 4 board changes on record since 1995: 3 appointments and 1 cessation. The latest: Meeta Dhingra ceased to be Director on 25 Mar 2015.
Frequently asked questions
Flex Properties is an active private limited company based in New Delhi, Delhi, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 15 December 1981 (45+ years old) and is registered under CIN U74899DL1981PTC012828.
Flex Properties has 3 current directors:
- Kuldip Singh Dhingra - Director
- Gurbachan Singh Dhingra - Director
- Naveen Choudhary - Director
The latest financial statements of Flex Properties on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Flex Properties is 07AAACF0357N1ZK, registered in Delhi.
The CIN (Corporate Identification Number) of Flex Properties is U74899DL1981PTC012828. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Flex Properties has 2 court cases on record: 2 filed against it.
Flex Properties was incorporated on 15 December 1981, making it 45+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Flex Properties by revenue are Zoladel Impex Private Limited, Bright Hills Infra Projects Private Limited, Arjun KKR Developers Limited, Rajpachar Estate Private Limited, Saivikranth Real Estate Private Limited and 5 more, all in the same principal business activity (real estate activities with own or leased property).
Meeta Dhingra ceased to be Director on 25 Mar 2015. Naveen Choudhary was appointed as Director on 10 Feb 2007. Gurbachan Singh Dhingra was appointed as Director on 09 May 1995. Flex Properties has 4 board changes on record in total.
The registered office of Flex Properties is at 38 Dda Commercial Complexzamrudpur, New Delhi, Delhi, India – 110048.
Flex Properties operates in the real estate industry, in the real estate leasing segment.