Icconol Properties Private Limited
About Icconol Properties Private Limited
Data last updated:
Icconol Properties Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the building construction segment of the construction sector. It was incorporated on 23 June 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U23200MH1986PTC040192.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Devansh Tushar Shah and Gargi Tushar Shah.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 25 Gitanjali 73/75 Walkeshwar Road, Mumbai, Maharashtra, India – 400006.
As per the financials filed for FY 2022, the company reported a revenue of ₹9.97 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.42 Lakh (net margin 14.2%) and EBITDA of ₹1.42 Lakh (EBITDA margin 14.2%). Revenue has grown at a compounded annual rate (CAGR) of 127% over three years and 66% over five years.
Court records list 1 case involving the company.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address25 Gitanjali 73/75 Walkeshwar Road, Mumbai, Maharashtra, India – 400006
- IndustryConstruction, Buildings
- 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 Icconol Properties Private Limited
The main business activity of Icconol Properties is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | 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 Icconol Properties Private Limited FY 2022 filings available
Icconol Properties Private Limited reported revenue of ₹9.97 Lakh (up 1560% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Icconol Properties Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 66% over five years. 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 Icconol Properties Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | ₹1.42 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.42 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 Icconol Properties Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 14.2% | •••• | •••• | •••• | •••• |
| 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 Icconol Properties are in the company report.
Financial statements from 2015
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 Icconol Properties Private Limited
Icconol Properties Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Buildings). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Obelisk Properties & Developers Private Limited | ₹10 Lakh (FY 2025) | •••• | •••• | 76.0% | •••• | Kozhikode, Kerala, India |
| Sampann Stocks and Consultancy Private Limited | ₹9.99 Lakh (FY 2025) | •••• | •••• | 46.0% | •••• | New Delhi, Delhi, India |
| A R V Constructions & Developers Private Limited | ₹9.99 Lakh (FY 2024) | •••• | •••• | 28.0% | •••• | Hyderabad, Telangana, India |
| Hemprem Construction Private Limited | ₹9.98 Lakh (FY 2025) | •••• | •••• | -7.0% | •••• | Mumbai, Maharashtra, India |
| Mathuranaresh Apartments Private Limited | ₹9.97 Lakh (FY 2025) | •••• | •••• | 1149.0% | •••• | Kolkata, West Bengal, India |
| Icconol Properties Private Limited this company | ₹9.97 Lakh (FY 2022) | •••• | •••• | 1560.0% | •••• | Mumbai, Maharashtra, India |
| Paramount Buildcon Private Limited | ₹9.97 Lakh (FY 2025) | •••• | •••• | 28.0% | •••• | Uttar Pradesh, India |
| Abhilekh Developers Private Limited | ₹9.97 Lakh (FY 2025) | •••• | •••• | -12.0% | •••• | Ahmedabad, Gujarat, India |
| Infratech Development Private Limited | ₹9.96 Lakh (FY 2025) | •••• | •••• | -29.0% | •••• | Dhanbad, Jharkhand, India |
| Saw Intact Infra (OPC) Private Limited | ₹9.96 Lakh (FY 2025) | •••• | •••• | -66.0% | •••• | Sahibabad, Uttar Pradesh, India |
| Mapu Infrastructure Private Limited | ₹9.94 Lakh (FY 2025) | •••• | •••• | 7.0% | •••• | Imphal, Manipur, India |
Peers are the five companies nearest above and the five nearest below Icconol Properties by revenue in the same principal business activity (Buildings), 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 Icconol Properties Private Limited
Icconol Properties Private Limited is audited by DHARKAR & CO. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DHARKAR & CO. | 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 Icconol Properties Private Limited
Icconol Properties has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devansh Tushar Shah Also directs: Arcane Vision Private Limited | Director | 15 Mar 2012 | 14 Years 6 Months | Current |
| Gargi Tushar Shah Also directs: Taurus Petroleum LLP | Director | 15 May 2003 | 23 Years 4 Months | Current |
Ownership and Shareholding of Icconol Properties 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 Icconol Properties Private Limited
Icconol Properties Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Icconol Properties Private Limited
Icconol Properties Private Limited has 1 court case on record: 1 where it is another party. All case is disposed. Status as checked on 30 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Raigad, Maharashtra | Civil suit | Company is another party | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Icconol Properties Private Limited
Employment history and EPFO contributions of people linked to Icconol Properties.
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 Icconol Properties Private Limited
Icconol Properties Private Limited has 6 board changes on record since 2003: 4 appointments and 2 cessations. The latest: Yash Tushar Shah ceased to be Director on 25 Feb 2018.
Credit Ratings, Litigation & Regulatory Alerts for Icconol Properties 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 Icconol Properties 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 Icconol Properties 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 Icconol Properties Private Limited
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 Icconol Properties 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 Icconol Properties Private Limited
Icconol Properties is an active private limited company based in Mumbai, Maharashtra, India. The company works in buildings, within the construction industry. It was incorporated on 23 June 1986 (40+ years old) and is registered under CIN U23200MH1986PTC040192.
Icconol Properties reported revenue of ₹9.97 Lakh for FY 2022 (up 1560% YoY).
Icconol Properties has 2 current directors:
- Devansh Tushar Shah - Director
- Gargi Tushar Shah - Director
Icconol Properties reported a net profit of ₹1.42 Lakh (net margin 14.2%) and EBITDA of ₹1.42 Lakh (EBITDA margin 14.2%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Icconol Properties is 127% over three years and 66% over five years. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Icconol Properties is U23200MH1986PTC040192. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Icconol Properties has 1 court case on record.
Icconol Properties was incorporated on 23 June 1986, making it 40+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Icconol Properties by revenue are Obelisk Properties & Developers Private Limited, Sampann Stocks and Consultancy Private Limited, A R V Constructions & Developers Private Limited, Hemprem Construction Private Limited, Mathuranaresh Apartments Private Limited and 5 more, all in the same principal business activity (Buildings).
Yash Tushar Shah ceased to be Director on 25 Feb 2018. Devansh Tushar Shah was appointed as Director on 15 Mar 2012. Tushar Hasmukh Shah ceased to be Director on 21 Feb 2012. Icconol Properties has 6 board changes on record in total.
The registered office of Icconol Properties is at 25 Gitanjali 7375 Walkeshwar Road, Mumbai, Maharashtra, India – 400006.