DPIIT recognised startup Government of India
Startup India
Nico Flex Private Limited - packaging in Agra, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹4.84 Cr
▲ 96% YoY
Net profit · FY 2024
₹11.32 Lakh
Net margin 2.3%
EBITDA · FY 2024
₹42.08 Lakh
EBITDA margin 8.7%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Open charges
₹4.25 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Employees · EPFO
4
Provident fund records
About Nico Flex Private Limited
Data last updated:
Nico Flex Private Limited is a private limited company based in Agra, Uttar Pradesh, India, recognised as a startup by DPIIT. It operates in the woven packaging products segment of the packaging sector. It was incorporated on 24 August 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U25209UP2021PTC151055. Its GSTIN is 09AAHCN7676B1Z6 (Uttar Pradesh).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Pulkit Agarwal and Nishant Agarwal.
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 Plot No. 7A Shobha Nagar Mauja Naraich Girraj Puri, Agra, Uttar Pradesh, India – 282006.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.84 Cr, a growth of 96% compared to the previous year. For the same year it recorded a net profit of ₹11.32 Lakh (net margin 2.3%) and EBITDA of ₹42.08 Lakh (EBITDA margin 8.7%).
The company has about 4 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Nico Flex. As per MCA filings, the company has open charges of ₹4.25 Cr on record.
Nico Flex Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-01-0022066). For more details, the company can be reached via its website nicoflex.in.
Company Details of Nico Flex Private Limited
CIN U25209UP2021PTC151055
Registration Number 151055
Incorporation Date 24 August 2021
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-UP-01-0022066
Key People
Pulkit Agarwal Director Nishant Agarwal Director Recognitions & Rankings of Nico Flex
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-UP-01-0022066
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No. 7A Shobha Nagar Mauja Naraich Girraj Puri, Agra, Uttar Pradesh, India – 282006
- IndustryPackaging, Woven Packaging Products
Comprehensive company report
Nico Flex 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
- One PDF report, delivered after checkout
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Associated Brands with Nico Flex Private Limited
Nico Flex operates one associated brand: Nico Flex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of PP and BOPP woven bags for packaging in agriculture and industrial sectors. | nicoflex.in |
Business Activity of Nico Flex Private Limited
The main business activity of Nico Flex is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
Premium access
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Nico Flex Private Limited FY 2025 filings available
Nico Flex Private Limited reported revenue of ₹4.84 Cr (up 96% YoY) for FY 2024.
Revenue · FY 2024
₹4.84 Cr ▲ 96%
Net profit · FY 2024
₹11.32 Lakh margin 2.3%
EBITDA · FY 2024
₹42.08 Lakh margin 8.7%
Compounded Annual Growth Rate (CAGR) of Nico Flex Private Limited
Revenue CAGR growth
1 year
▲ 96%
EBITDA CAGR growth
1 year
▲ 283%
Revenue rose 96% in the latest year. EBITDA rose 283% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Nico Flex Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | ₹42.08 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹11.32 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 Nico Flex Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 8.7% | •••• | •••• |
| Net Profit Margin | 2.3% | •••• | •••• |
| 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 Nico Flex are in the company report.
Premium access
Financial statements from FY 2022
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 Nico Flex Private Limited
Nico Flex has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pulkit Agarwal | Director | 24 Aug 2021 | 5 Years 1 Months | Current |
| Nishant Agarwal | Director | 24 Aug 2021 | 5 Years 1 Months | Current |
Peer Comparison of Nico Flex Private Limited
Nico Flex Private Limited is compared with the companies closest to it by revenue in the Packaging industry (Woven Products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shree Dhairiya Lakshmi Polysacks Private Limited | ₹5.19 Cr (FY 2024) | •••• | •••• | -18.0% | •••• | Chennai, Tamil Nadu, India |
| Tupack International Private Limited | ₹5.17 Cr (FY 2025) | •••• | •••• | 46.0% | •••• | Indore, Madhya Pradesh, India |
| R.K. Polytex Private Limited | ₹5.16 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Jaipur, Rajasthan, India |
| Klikk Pack Private Limited | ₹4.99 Cr (FY 2025) | •••• | •••• | 267.0% | •••• | Kolkata, West Bengal, India |
| Parshvanath Plastic Private Limited | ₹4.86 Cr (FY 2023) | •••• | •••• | 20.0% | •••• | Veraval, Gujarat, India |
| Nico Flex Private Limited this company | ₹4.84 Cr (FY 2024) | •••• | •••• | 96.0% | •••• | Agra, Uttar Pradesh, India |
| Real Technocreat Private Limited | ₹4.77 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Surat, Gujarat, India |
| Digvijai Polytex Private Limited | ₹4.74 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Kamarajar Dt, Tamil Nadu, India |
| Royal Weavers Private Limited | ₹4.64 Cr (FY 2024) | •••• | •••• | 56.0% | •••• | Rourkela, Odisha, India |
| FMS Bags India Private Limited | ₹4.6 Cr (FY 2025) | •••• | •••• | 85.0% | •••• | Ahmedabad, Gujarat, India |
| Shreeji Screen and Filters Private Limited | ₹4.5 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Nico Flex by revenue in the Packaging industry (Woven Products), 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 Nico Flex Private Limited
Nico Flex Private Limited is audited by VINOD KUMAR GUPTA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VINOD KUMAR GUPTA & ASSOCIATES | Locked | Locked | Locked |
Premium access
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 Nico Flex Private Limited
Premium access
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 Nico Flex Private Limited
Open charges
₹4.25 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Jul 2023 | Hdfc Bank Limited | ₹3.37 Cr | Open |
| 28 Feb 2022 | State Bank of India | ₹88 Lakh | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Nico Flex Private Limited
Nico Flex Private Limited has a workforce of 4 employees as of Mar 30, 2024.
Employee count
4
Active EPFO establishments
1
Premium access
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 Nico Flex Private Limited
Nico Flex Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Nishant Agarwal was appointed as Director on 24 Aug 2021.
Charges
A charge with Hdfc Bank Limited of Rs. 337.00 Lakh registered on 05 Jul 2023 with Charge ID 100782118 was modified on 23 Dec 2025.
AGM
Nico Flex Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Nico Flex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kanpur.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 337.00 Lakh with Charge ID 100782118 was registered on 05 Jul 2023.
Charges
A charge with State Bank Of India amounted to Rs. 88.00 Lakh with Charge ID 100547390 was registered on 28 Feb 2022.
Appointed
Nishant Agarwal was appointed as Director.
Appointed
Pulkit Agarwal was appointed as Director.
Incorporation
24 Aug 2021
Nico Flex Private Limited was registered on 24 Aug 2021 with Roc Kanpur & aged 5 years 1 month as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Nico Flex Private Limited
Premium access
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 Nico Flex Private Limited
Premium access
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 Nico Flex Private Limited
Premium access
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 Nico Flex Private Limited
Nico Flex has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAHCN7676B1Z6 | Uttar Pradesh | Active | 21 Sep 2021 |
Premium access
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 Nico Flex Private Limited
Premium access
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 Nico Flex Private Limited
Nico Flex is an active private limited company based in Agra, Uttar Pradesh, India. The company works in woven packaging products, within the packaging industry. It was incorporated on 24 August 2021 (5+ years old) and is registered under CIN U25209UP2021PTC151055.
Nico Flex reported revenue of ₹4.84 Cr for FY 2024 (up 96% YoY).
Nico Flex has 2 current directors:
- Pulkit Agarwal - Director
- Nishant Agarwal - Director
Nico Flex reported a net profit of ₹11.32 Lakh (net margin 2.3%) and EBITDA of ₹42.08 Lakh (EBITDA margin 8.7%) for FY 2024, as per its filed financial statements.
The GSTIN of Nico Flex is 09AAHCN7676B1Z6, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Nico Flex is U25209UP2021PTC151055. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nico Flex was incorporated on 24 August 2021, making it 5+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Nico Flex by revenue are Shree Dhairiya Lakshmi Polysacks Private Limited, Tupack International Private Limited, R.K. Polytex Private Limited, Klikk Pack Private Limited, Parshvanath Plastic Private Limited and 5 more, all in the Packaging industry (Woven Products).
Nishant Agarwal was appointed as Director on 24 Aug 2021. Pulkit Agarwal was appointed as Director on 24 Aug 2021.
Yes, Nico Flex is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Nico Flex is registered as a micro enterprise under Udyam registration (number: UDYAM-UP-01-0022066).