About Flair IT Solutions Private Limited
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Flair IT Solutions Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 23 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U72200MP2008PTC020619. Its GSTIN is 23AABCF2276K1ZP (Madhya Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Saurabh Bhandari and Sidhartha Kukreja.
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 304 – Atulya IT Park, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.06 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹5.8 Lakh (net margin 1.9%) and EBITDA of ₹17.43 Lakh (EBITDA margin 5.7%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 28% over five years.
The company is associated with 1 brand: Flair IT Solutions. As per MCA filings, the company has open charges of ₹21.99 Lakh and satisfied charges of ₹49.65 Lakh on record. The company has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in December 2022.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website flair-solution.com.
Company details
Contact details
Flair IT Solutions Private Limited's registered office is in Indore, Madhya Pradesh. Its website is flair-solution.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address304 – Atulya IT Park, Indore, Madhya Pradesh, India – 452001
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Flair IT Solutions 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
Brands
Flair IT Solutions operates one associated brand: Flair IT Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers software solutions focused on application development and innovation. | flair-solution.com |
Business activity
The main business activity of Flair IT Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Flair IT Solutions Private Limited, buy the company report.
Financials of Flair IT Solutions Private Limited
FY 2025 filings availableFlair IT Solutions Private Limited reported revenue of ₹3.06 Cr (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 28%. EBITDA fell 4% 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 | ₹17.43 Lakh | ||||
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| Net Profit (PAT) | ₹5.8 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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| EBITDA Margin | 5.7% | ||||
| Net Profit Margin | 1.9% | ||||
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To see the full financial statements and ratios of Flair IT Solutions Private Limited, buy the company report.
Board of directors of Flair IT Solutions Private Limited
Flair IT Solutions has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saurabh Bhandari | Director | 09 Jun 2008 | 18 Years 5 Months | Current |
| Sidhartha Kukreja Also directs: Satsang Senior Care LLP, Elie and Mouse Private Limited, Minerva Computer Services Private Limited and 1 more | Director | 24 Nov 2008 | 17 Years 11 Months | Current |
Auditor
Flair IT Solutions Private Limited is audited by KAUSHAL & AGRAWAL for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAUSHAL & AGRAWAL | FY 2022 | 008846C |
Shareholding
The shareholding of Flair IT Solutions Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Flair IT Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Feb 2025 | 101056432 | Others | ₹10 Lakh | Open | |
| 24 Feb 2022 | 100545498 | Hdfc Bank Limited | ₹11.99 Lakh | Open | |
| 27 Jul 2019 | 100282263 | Others | ₹49.65 Lakh | Satisfied |
To see the full charge records of Flair IT Solutions Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Flair IT Solutions Private Limited has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in December 2022.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2022 | Rights issue | ₹9 Lakh | Investors: 2 individuals |
| Aug 2020 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Aug 2008 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Flair IT Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Flair IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Flair IT Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AABCF2276K1ZP | Madhya Pradesh | Active | 01 Jun 2018 |
To see the full GST registrations and return filing status of Flair IT Solutions Private Limited, buy the company report.
Recent activity
Flair IT Solutions Private Limited has 7 board changes on record since 2008: 2 appointments and 5 cessations. The latest: Meena Bhandari ceased to be Director on 04 Aug 2020.
2 earlier events are in the company report.
Frequently asked questions
Flair IT Solutions is an active private limited company based in Indore, Madhya Pradesh, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 23 April 2008 (18+ years old) and is registered under CIN U72200MP2008PTC020619.
Flair IT Solutions has 2 current directors:
- Saurabh Bhandari - Director
- Sidhartha Kukreja - Director
The latest financial statements of Flair IT 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 2015 are in the company report.
The GSTIN of Flair IT Solutions is 23AABCF2276K1ZP, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Flair IT Solutions is U72200MP2008PTC020619. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Flair IT Solutions was incorporated on 23 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Gwalior.
Flair IT Solutions has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in December 2022.
Meena Bhandari ceased to be Director on 04 Aug 2020. Rajkumari Kukreja ceased to be Director on 04 Aug 2020. Jayanti Lal Bhandari ceased to be Director on 27 Aug 2018. Flair IT Solutions has 7 board changes on record in total.
Flair IT Solutions can be reached through the website flair-solution.com. Its registered office is in Indore, Madhya Pradesh, India.
The registered office of Flair IT Solutions is at 304 – Atulya IT Park, Indore, Madhya Pradesh, India – 452001.
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