About Icon Technocloud Private Limited
Data last updated:
Icon Technocloud Private Limited is a foreign private limited company based in Noida, Uttar Pradesh, India, a subsidiary of Cloud Icon Pte Ltd. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 07 March 2019.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U72900UP2019FTC114464. Its GSTIN is 09AAFCI2046A1Z1 (Uttar Pradesh).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Ashish Chopra and Nikhil Chopra.
Its last annual general meeting (AGM) was held on 22 August 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at First Floor A – 34 Sector 2, Noida, Uttar Pradesh, India – 201301.
As per the financials filed for FY 2023, the company reported a revenue of ₹26.29 Lakh, a decline of 88% compared to the previous year. For the same year it recorded a net profit of ₹25.99 Lakh (net margin 98.8%) and EBITDA of ₹25.88 Lakh (EBITDA margin 98.4%). Revenue has declined at a compounded annual rate (CAGR) of 54% over three years.
The company has about 29 employees on its provident fund (EPFO) records.
Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
The last known website on record is iconresources.com.
Company details
Contact details
Icon Technocloud Private Limited's registered office is in Noida, Uttar Pradesh. Its website is iconresources.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFirst Floor A – 34 Sector 2, Noida, Uttar Pradesh, India – 201301
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Icon Technocloud 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
Business activity
The main business activity of Icon Technocloud is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Icon Technocloud Private Limited, buy the company report.
Financials of Icon Technocloud Private Limited
FY 2023 filings availableIcon Technocloud Private Limited reported revenue of ₹26.29 Lakh (down 88% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 54% over three years, including a 88% fall in the latest year. EBITDA rose 527% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹26.29 Lakh | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹25.88 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹25.99 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 98.4% | ||||
| Net Profit Margin | 98.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Icon Technocloud Private Limited, buy the company report.
Board of directors of Icon Technocloud Private Limited
Icon Technocloud 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 |
|---|---|---|---|---|
| Ashish Chopra | Director | 26 Aug 2022 | 4 Years 1 Months | As last reported |
| Nikhil Chopra Also directs: Irt Digital Analytics Solutions Private Limited | Director | 02 Jul 2019 | 7 Years 3 Months | As last reported |
Auditor
Icon Technocloud Private Limited is audited by Kumar Aggarwal & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kumar Aggarwal & Associates | FY 2023 | 028231N |
Shareholding
The shareholding of Icon Technocloud Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Icon Technocloud Private Limited, buy the company report.
Legal cases
Icon Technocloud Private Limited has 1 court case on record: 1 filed by Icon Technocloud. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gautam Buddha Nagar, Uttar Pradesh | Civil suit | Filed by the company against individuals | Pending |
To see the full case history of Icon Technocloud Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Icon Technocloud Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Icon Technocloud Private Limited has a workforce of 29 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Icon Technocloud has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAFCI2046A1Z1 | Uttar Pradesh | Active | 17 May 2019 |
To see the full GST registrations and return filing status of Icon Technocloud Private Limited, buy the company report.
Recent activity
Icon Technocloud Private Limited has 7 board changes on record since 2019: 2 appointments and 5 cessations. The latest: Ashish Chopra ceased to be Additional Director on 27 Sep 2022.
Frequently asked questions
Icon Technocloud is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Icon Technocloud is a company under liquidation, formerly operating as a foreign private limited company based in Noida, Uttar Pradesh, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 07 March 2019 and is registered under CIN U72900UP2019FTC114464. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Icon Technocloud has 2 current directors:
- Ashish Chopra - Director
- Nikhil Chopra - Director
The latest financial statements of Icon Technocloud on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 22 August 2023. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of Icon Technocloud is U72900UP2019FTC114464. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Icon Technocloud has 1 court case on record: 1 filed by the company. 1 is pending.
Icon Technocloud was incorporated on 07 March 2019. It is registered with the Registrar of Companies, Kanpur.
Ashish Chopra ceased to be Additional Director on 27 Sep 2022. Ansuya Prasad Purohit ceased to be Director on 03 Sep 2022. Ashish Chopra was appointed as Director on 26 Aug 2022. Icon Technocloud has 7 board changes on record in total.
Icon Technocloud can be reached through the website iconresources.com. Its registered office is in Noida, Uttar Pradesh, India.
The registered office of Icon Technocloud is at First Floor A – 34 Sector 2, Noida, Uttar Pradesh, India – 201301.