About Icapo Tech Private Limited
Data last updated:
Icapo Tech Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 26 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36999MH2019PTC323059. Its GSTIN is 27AAFCI2229F1ZS (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.74 Lakh. It is led by directors including Mayank Gupta and Amit Kumar Sisir Chatterjee.
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 Room No Cm – 04 Sine Office 3rd Flr Csre Building Iit Bombai, Mumbai, Maharashtra, India – 400076.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.05 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹5.75 Cr and EBITDA of -₹5.71 Cr. Revenue has grown at a compounded annual rate (CAGR) of 70% over three years and 288% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Living Things and Living Things Now. The company has 7 deals on record (5 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹85.8 Lakh; the latest was in November 2022. Its 10 peer companies in the Cleantech industry (Energy Solutions) are compared by revenue, 5 larger and 5 smaller; the largest is Solactive Energy Solutions Private Limited with revenue of ₹1.1 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website icapotech.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressRoom No Cm – 04 Sine Office 3rd Flr Csre Building Iit Bombai, Mumbai, Maharashtra, India – 400076
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
- 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
Business Activity of Icapo Tech Private Limited
The main business activity of Icapo Tech is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal | Locked |
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 Icapo Tech Private Limited FY 2025 filings available
Icapo Tech Private Limited reported revenue of ₹1.05 Cr (up 403% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Icapo Tech Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 288% over five years, including 403% growth in the latest year. EBITDA fell 119% 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 Icapo Tech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹5.71 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹5.75 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 of Icapo Tech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Icapo Tech are in the company report.
Financial statements from FY 2019
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.
Peer Comparison of Icapo Tech Private Limited
Icapo Tech Private Limited is compared with the companies closest to it by revenue in the Cleantech industry (Energy Solutions). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Solactive Energy Solutions Private Limited | ₹1.1 Cr (FY 2024) | •••• | •••• | -81.0% | •••• | Jaipur, Rajasthan, India |
| Waaree Clean Energy Solutions Private Limited | ₹1.08 Cr (FY 2025) | •••• | •••• | 270300.0% | •••• | Mumbai, Maharashtra, India |
| Pena Power Engineering and Automation Private Limited | ₹1.07 Cr (FY 2022) | •••• | •••• | 22.0% | •••• | Bangalore, Karnataka, India |
| Eallisto Foksolar Private Limited | ₹1.06 Cr (FY 2024) | •••• | •••• | -40.0% | •••• | Kozhikode, Kerala, India |
| Levin Energy Solutions Private Limited | ₹1.06 Cr (FY 2025) | •••• | •••• | 375.0% | •••• | Sonipat, Haryana, India |
| Icapo Tech Private Limited this company | ₹1.05 Cr (FY 2025) | •••• | •••• | 403.0% | •••• | Mumbai, Maharashtra, India |
| Sunvault Powertech Private Limited | ₹1.04 Cr (FY 2022) | •••• | •••• | •••• | Badlapur, Maharashtra, India | |
| Suryavizhudhugal Energy Solutions Private Limited | ₹1.03 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Puducherry, India |
| Prason Energy Solutions Private Limited | ₹1.03 Cr (FY 2025) | •••• | •••• | 180.0% | •••• | Ahmedabad, Gujarat, India |
| Nirvana Openaccess Solutions Private Limited | ₹1.02 Cr (FY 2024) | •••• | •••• | -46.0% | •••• | New Delhi, Delhi, India |
| Jaivik Renewables Private Limited | ₹1.01 Cr (FY 2025) | •••• | •••• | 136.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Icapo Tech by revenue in the Cleantech industry (Energy Solutions), 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 Icapo Tech Private Limited
Icapo Tech Private Limited is audited by Bhutada & Bhutada for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Bhutada & Bhutada | Locked | Locked | Locked |
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.
Board of Directors of Icapo Tech Private Limited
Icapo Tech has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mayank Gupta | Director | 04 Apr 2024 | 2 Years 6 Months | Current |
| Amit Kumar Sisir Chatterjee | Director | 24 Aug 2023 | 3 Years 1 Months | Current |
| Madhusudhan Heera Naik | Director | 26 Mar 2019 | 7 Years 6 Months | Current |
Ownership and Shareholding of Icapo Tech Private Limited
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 Icapo Tech Private Limited
Icapo Tech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Icapo Tech Private Limited
Icapo Tech Private Limited has 7 deals on record (5 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹85.8 Lakh; the latest was in November 2022.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2022 | Funding round | ₹85.8 Lakh | Investors: 4 individuals |
| Dec 2021 | Rights issue | ₹46.5 Lakh | Investors: 4 individuals |
| Sep 2021 | Rights issue | ₹16 Lakh | Investors: an individual |
| Sep 2021 | Rights issue | ₹5 Lakh | Investors: an individual |
| Dec 2020 | Rights issue | ₹19.7 Lakh | Investors: 4 individuals Seller: an individual |
Full deal history
All 7 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Icapo Tech Private Limited
Icapo Tech operates two associated brands: Living Things and Living Things Now. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of solution for accelerating the net zero journey | livingthings.ai | |
| An IoT product platform innovating in intelligence-inducing and energy-saving products. | icapotech.com |
Employees and EPFO Compliance at Icapo Tech Private Limited
Icapo Tech Private Limited has a workforce of 21 employees as of Apr 03, 2024.
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 Icapo Tech Private Limited
Icapo Tech Private Limited has 7 board changes on record since 2019: 3 appointments and 4 cessations. The latest: Mayank Gupta ceased to be Additional Director on 29 Sep 2024.
Credit Ratings, Litigation & Regulatory Alerts for Icapo Tech Private Limited
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 Icapo Tech Private Limited
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 Icapo Tech Private Limited
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 Icapo Tech Private Limited
Icapo Tech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCI2229F1ZS | Maharashtra | Active | 29 Jun 2019 |
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 Icapo Tech Private Limited
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 Icapo Tech Private Limited
Icapo Tech is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 26 March 2019 (7+ years old) and is registered under CIN U36999MH2019PTC323059.
Icapo Tech reported revenue of ₹1.05 Cr for FY 2025 (up 403% YoY).
Icapo Tech has 3 current directors:
- Mayank Gupta - Director
- Amit Kumar Sisir Chatterjee - Director
- Madhusudhan Heera Naik - Director
Icapo Tech reported a net loss of ₹5.75 Cr and EBITDA of -₹5.71 Cr for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Icapo Tech is 70% over three years and 288% over five years. In the latest year (FY 2025) revenue rose 403%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Icapo Tech is 27AAFCI2229F1ZS, registered in Maharashtra.
The CIN (Corporate Identification Number) of Icapo Tech is U36999MH2019PTC323059. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Icapo Tech was incorporated on 26 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Icapo Tech has 7 deals on record (5 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹85.8 Lakh; the latest was in November 2022.
The peers of Icapo Tech by revenue are Solactive Energy Solutions Private Limited, Waaree Clean Energy Solutions Private Limited, Pena Power Engineering and Automation Private Limited, Eallisto Foksolar Private Limited, Levin Energy Solutions Private Limited and 5 more, all in the Cleantech industry (Energy Solutions).
Mayank Gupta ceased to be Additional Director on 29 Sep 2024. Mayank Gupta was appointed as Director on 04 Apr 2024. Amit Kumar Sisir Chatterjee ceased to be Additional Director on 29 Sep 2023. Icapo Tech has 7 board changes on record in total.