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Flipcost Private Limited
Flipcost Private Limited - information technology in Bhopal, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.73 Cr
▼ 27% YoY
Net profit · FY 2024
₹6.81 Lakh
Net margin 1.8%
EBITDA · FY 2024
₹13.41 Lakh
EBITDA margin 3.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹20,000
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Flipcost Private Limited
Data last updated:
Flipcost Private Limited is a private limited company based in Bhopal, Madhya Pradesh, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 29 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U74999MP2017PTC044032. Its GSTIN is 23AADCF1873A1Z7 (Madhya Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹20,000. It was formerly known as Flipcost Concepts India Private Limited and Flipcost Sales & Services India Private Limited. It is led by directors Mani Jain and Rishabh Kumar Jain.
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 Mig – 10 A – Sector Sonagiri Bhel Township, Bhopal, Madhya Pradesh, India – 462022.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.73 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹6.81 Lakh (net margin 1.8%) and EBITDA of ₹13.41 Lakh (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 260% over three years and 216% over five years.
Flipcost Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-10-0010855). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Flipcost Private Limited
CIN U74999MP2017PTC044032
Registration Number 044032
Incorporation Date 29 August 2017
ROC Gwalior
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 Micro
Udyam Registration UDYAM-MP-10-0010855
Name History of Flipcost Private Limited
Flipcost has undergone 2 name changes throughout its history. The company was previously known as Flipcost Concepts India Private Limited, and Flipcost Sales & Services India Private Limited. The current legal name is Flipcost Private Limited.
| Company Name | Status |
|---|---|
| Flipcost Private Limited | Current |
| Flipcost Concepts India Private Limited | Previous |
| Flipcost Sales & Services India Private Limited | Previous |
Key People
Mani Jain Director Rishabh Kumar Jain Director Recognitions & Rankings of Flipcost
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MP-10-0010855
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressMig – 10 A – Sector Sonagiri Bhel Township, Bhopal, Madhya Pradesh, India – 462022
- IndustryInformation Technology, IT Consulting & Support Services
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Business Activity of Flipcost Private Limited
The main business activity of Flipcost is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Financials of Flipcost Private Limited FY 2025 filings available
Flipcost Private Limited reported revenue of ₹3.73 Cr (down 27% YoY) for FY 2024.
Revenue · FY 2024
₹3.73 Cr ▼ 27%
Net profit · FY 2024
₹6.81 Lakh margin 1.8%
EBITDA · FY 2024
₹13.41 Lakh margin 3.6%
Compounded Annual Growth Rate (CAGR) of Flipcost Private Limited
Revenue CAGR growth
1 year
▼ 27%
3 years · compounded
▲ 260%
5 years · compounded
▲ 216%
EBITDA CAGR growth
1 year
▼ 26%
3 years · compounded
▲ 139%
5 years · compounded
▲ 386%
Revenue fell 27% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 216%. EBITDA fell 26% 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 Flipcost Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹13.41 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.81 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 Flipcost Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.8% | •••• | •••• | •••• | •••• |
| 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 Flipcost are in the company report.
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Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
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Verified entity values are shown only after access is granted.
Board of Directors of Flipcost Private Limited
Flipcost has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mani Jain | Director | 29 Aug 2017 | 9 Years 1 Months | Current |
| Rishabh Kumar Jain | Director | 02 Jun 2023 | 3 Years 4 Months | Current |
Peer Comparison of Flipcost Private Limited
Flipcost Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Wholesale Trading). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pristine Environmental Associates Private Limited | ₹3.73 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Indore, Madhya Pradesh, India |
| Orbit Impotrade Private Limited | ₹3.73 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Delhi, India |
| Himatsingka Dealers Private Limited | ₹3.73 Cr (FY 2016) | •••• | •••• | -10.0% | •••• | Kolkata, West Bengal, India |
| Rashi Sales Private Limited | ₹3.73 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Patna, Bihar, India |
| Delta Transformers Private Limited | ₹3.73 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | New Delhi, Delhi, India |
| Flipcost Private Limited this company | ₹3.73 Cr (FY 2024) | •••• | •••• | -27.0% | •••• | Bhopal, Madhya Pradesh, India |
| Barcosys Software India Private Limited | ₹3.73 Cr (FY 2025) | •••• | •••• | 588.0% | •••• | Noida, Uttar Pradesh, India |
| Outdoors Collective Private Limited | ₹3.73 Cr (FY 2025) | •••• | •••• | 17912.0% | •••• | Chennai, Tamil Nadu, India |
| Media Star Private Limited | ₹3.73 Cr (FY 2023) | •••• | •••• | 48.0% | •••• | Mumbai, Maharashtra, India |
| Glauben Trading & Services Private Limited | ₹3.73 Cr (FY 2024) | •••• | •••• | 649.0% | •••• | Delhi, India |
| Nexex Cloud Solutions Private Limited | ₹3.73 Cr (FY 2025) | •••• | •••• | 73.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Flipcost by revenue in the same principal business activity (Wholesale Trading), 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 Flipcost Private Limited
Flipcost Private Limited is audited by SAURABHSHRIVASTAVA&ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SAURABHSHRIVASTAVA&ASSOCIATES | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Flipcost Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Flipcost Private Limited
Flipcost Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Flipcost Private Limited
Employment history and EPFO contributions of people linked to Flipcost.
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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 Flipcost Private Limited
Flipcost Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Ritesh Tiwari ceased to be Director on 31 Jan 2024.
AGM
Flipcost Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Flipcost Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Ceased
Ritesh Tiwari ceased to be Director.
Appointed
Rishabh Kumar Jain was appointed as Director.
Appointed
Mani Jain was appointed as Director.
Incorporation
29 Aug 2017
Flipcost Private Limited was registered on 29 Aug 2017 with Roc Gwalior & aged 9 years 1 month as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Flipcost Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Flipcost Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Flipcost Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Flipcost Private Limited
Flipcost has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AADCF1873A1Z7 | Madhya Pradesh | Active | 24 Dec 2018 |
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State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Flipcost Private Limited
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Frequently Asked Questions about Flipcost Private Limited
Flipcost is an active private limited company based in Bhopal, Madhya Pradesh, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 29 August 2017 (9+ years old) and is registered under CIN U74999MP2017PTC044032.
Flipcost reported revenue of ₹3.73 Cr for FY 2024 (down 27% YoY).
Flipcost has 2 current directors:
- Mani Jain - Director
- Rishabh Kumar Jain - Director
Flipcost reported a net profit of ₹6.81 Lakh (net margin 1.8%) and EBITDA of ₹13.41 Lakh (EBITDA margin 3.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Flipcost is 260% over three years and 216% over five years. In the latest year (FY 2024) revenue fell 27%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Flipcost is 23AADCF1873A1Z7, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Flipcost is U74999MP2017PTC044032. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Flipcost was incorporated on 29 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Flipcost by revenue are Pristine Environmental Associates Private Limited, Orbit Impotrade Private Limited, Himatsingka Dealers Private Limited, Rashi Sales Private Limited, Delta Transformers Private Limited and 5 more, all in the same principal business activity (Wholesale Trading).
Ritesh Tiwari ceased to be Director on 31 Jan 2024. Rishabh Kumar Jain was appointed as Director on 02 Jun 2023. Mani Jain was appointed as Director on 29 Aug 2017.
Yes, Flipcost is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).