About Icfs Private Limited
Data last updated:
Icfs Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Rajah Investments Private Limited. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 03 August 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH1994PTC080047. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It was formerly known as Icfs Limited. It is led by directors Ramakant Raaja Jain and Jainish Raaja 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 No 14 2nd Floor51 Popatwadi Kalbadevi Road, Mumbai, Maharashtra, India – 400002.
Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website icfsl.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo 14 2nd Floor51 Popatwadi Kalbadevi Road, Mumbai, Maharashtra, India – 400002
- IndustryFinancial Services, Diversified Financial Services
- 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
Financials of Icfs Private Limited FY 2025 filings available
Financial Statement Summary of Icfs 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 | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| 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 Icfs Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 Icfs 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.
Auditor Details of Icfs Private Limited
Icfs Private Limited is audited by D M JAIN & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| D M JAIN & 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 Icfs Private Limited
Icfs has 2 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramakant Raaja Jain Also directs: Arjay Sons Holdings Limited, Rajah Investments Private Limited, Relco Vita Financial Services Private Limited and 2 more | Director | 25 Mar 2023 | 3 Years 6 Months | Current |
| Jainish Raaja Jain Also directs: Arjay Sons Holdings Limited, Rajah Investments Private Limited, Comtech Asia Limited and 2 more | Director | 14 Feb 2020 | 6 Years 8 Months | Current |
Ownership and Shareholding of Icfs 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 Icfs Private Limited
Icfs Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Icfs Private Limited
Icfs Private Limited has 2 court cases on record: 1 filed by Icfs, 1 filed against it. All cases are disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against Smith and Company | Disposed |
| High Court of Karnataka | Court case (MFA) | Filed against the company by Smith and Company | Disposed |
Full case history
All 2 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 Icfs Private Limited
Employment history and EPFO contributions of people linked to Icfs.
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.
CIN History of Icfs Private Limited
Icfs has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U65990MH1994PTC080047, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65990MH1994PTC080047 | Current |
| U65990MH1994PLC080047 | Previous |
| L65990MH1994PLC080047 | Previous |
Recent Activity on Icfs Private Limited
Icfs Private Limited has 14 board changes on record since 2008: 2 appointments and 12 cessations. The latest: Ramakant Raaja Jain was appointed as Director on 25 Mar 2023.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Icfs 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 Icfs 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 Icfs 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 Icfs Private Limited
Icfs has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Icfs 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 Icfs Private Limited
Icfs is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 03 August 1994 (32+ years old) and is registered under CIN U65990MH1994PTC080047.
Icfs has 2 current directors:
- Ramakant Raaja Jain - Director
- Jainish Raaja Jain - Director
No. Icfs has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Icfs is U65990MH1994PTC080047. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Icfs has 2 court cases on record: 1 filed by the company and 1 filed against it.
Icfs was incorporated on 03 August 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Ramakant Raaja Jain was appointed as Director on 25 Mar 2023. Jainish Raaja Jain ceased to be Additional Director on 30 Dec 2020. Jainish Raaja Jain was appointed as Director on 14 Feb 2020. Icfs has 14 board changes on record in total.
Icfs can be reached through the website icfsl.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Icfs is at No 14 2nd Floor51 Popatwadi Kalbadevi Road, Mumbai, Maharashtra, India – 400002.
Icfs has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr.