About Icsa Holdings Private Limited
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Icsa Holdings Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the investment banking and advisory segment of the financial services sector. It was incorporated on 26 May 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2009PTC071734. Its GSTIN is 33AACCI1005L1Z1 (Tamil Nadu).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Kalpana Ramaswamy (Whole-Time Director) and Deepak Ramaswamy.
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. 325 Linghi Chetty Street, Chennai, Tamil Nadu, India – 600001.
As per the financials filed for FY 2025, the company reported a revenue of ₹221.83 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹71.8 Lakh (net margin 0.3%) and EBITDA of ₹7.69 Cr (EBITDA margin 3.5%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website icsagroup.com.
Company details
Contact details
Icsa Holdings Private Limited's registered office is in Chennai, Tamil Nadu. Its website is icsagroup.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNo. 325 Linghi Chetty Street, Chennai, Tamil Nadu, India – 600001
- IndustryFinancial Services, Investment Banking & Advisory
To see the full contact details of Icsa Holdings 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
Financials of Icsa Holdings Private Limited
FY 2025 filings availableIcsa Holdings Private Limited reported revenue of ₹221.83 Cr (up 30% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over three years, including 30% growth in the latest year. EBITDA rose 89% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹7.69 Cr | ||||
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| Net Profit (PAT) | ₹71.8 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 3.5% | ||||
| Net Profit Margin | 0.3% | ||||
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To see the full financial statements and ratios of Icsa Holdings Private Limited, buy the company report.
Board of directors of Icsa Holdings Private Limited
Icsa Holdings has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Ramaswamy Also directs: D.A.Merchandise Private Limited, Siddship Private Limited, Icsa Cargo Logistics Private Limited and 5 more | Director | 26 May 2009 | 17 Years 5 Months | Current |
| Kalpana Ramaswamy Also directs: D.A.Merchandise Private Limited, Siddship Private Limited, Icsa Cargo Logistics Private Limited and 1 more | Whole-Time Director | 03 Aug 2018 | 8 Years 3 Months | Current |
| Bharat Vivek Chandhok | Director | 30 Apr 2022 | 4 Years 6 Months | Current |
Peer comparison
Icsa Holdings Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Investment Banking), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dam Capital Advisors Limited | ₹250.21 Cr (FY 2025) | 37.0% | Mumbai, Maharashtra, India | |||
| 360 One Capital Market Private Limited | ₹249.91 Cr (FY 2025) | 58.0% | Kolkata, West Bengal, India | |||
| Jindal Poly Investment and Finance Company Limited | ₹242.32 Cr (FY 2018) | -84.0% | Bulandshahr, Uttar Pradesh, India | |||
| Ulkavahini Investments Limited | ₹238.25 Cr (FY 2021) | 6.0% | Manesar, Haryana, India | |||
| JM Financial Institutional Securities Limited | ₹225.87 Cr (FY 2017) | 27.0% | Mumbai, Maharashtra, India | |||
| Icsa Holdings Private Limitedthis company | ₹221.83 Cr (FY 2025) | ₹71.8 Lakh | 0.3% | 30.0% | Chennai, Tamil Nadu, India | |
| Mitcon Private Limited | ₹220.07 Cr (FY 2025) | 56271.0% | Nagpur, Maharashtra, India | |||
| Spark Capital Advisors (India) Private Limited | ₹180.61 Cr (FY 2025) | 166.0% | Chennai, Tamil Nadu, India | |||
| Elara Capital (India) Private Limited | ₹178.45 Cr (FY 2025) | 41.0% | Mumbai, Maharashtra, India | |||
| Carnelian Asset Management & Advisors Private Limited | ₹151.97 Cr (FY 2025) | 213.0% | Mumbai, Maharashtra, India | |||
| Bajaj Capital Limited | ₹148.85 Cr (FY 2024) | -20.0% | New Delhi, Delhi, India |
To see the full peer comparison of Icsa Holdings Private Limited, buy the company report.
Auditor
Icsa Holdings Private Limited is audited by RAMAMOORTHY N & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMAMOORTHY N & ASSOCIATES | FY 2021 | 015905S |
Shareholding
The shareholding of Icsa Holdings Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Icsa Holdings Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Icsa Holdings Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Icsa Holdings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Icsa Holdings has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCI1005L1Z1 | Tamil Nadu | Active | 07 Mar 2022 |
To see the full GST registrations and return filing status of Icsa Holdings Private Limited, buy the company report.
Recent activity
Icsa Holdings Private Limited has 7 board changes on record since 2009: 5 appointments and 2 cessations. The latest: Gopalakrishnan Raghusankar ceased to be Director on 31 Mar 2023.
Frequently asked questions
Icsa Holdings is an active private limited company based in Chennai, Tamil Nadu, India. The company works in investment banking and advisory, within the financial services industry. It was incorporated on 26 May 2009 (17+ years old) and is registered under CIN U74999TN2009PTC071734.
Icsa Holdings has 3 current directors:
- Kalpana Ramaswamy - Whole-Time Director
- Deepak Ramaswamy - Director
- Bharat Vivek Chandhok - Director
The latest financial statements of Icsa Holdings on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Icsa Holdings is 33AACCI1005L1Z1, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Icsa Holdings is U74999TN2009PTC071734. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Icsa Holdings was incorporated on 26 May 2009, making it 17+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Icsa Holdings by revenue are Dam Capital Advisors Limited, 360 One Capital Market Private Limited, Jindal Poly Investment and Finance Company Limited, Ulkavahini Investments Limited, JM Financial Institutional Securities Limited and 5 more, all in the BFSI industry (Investment Banking).
Gopalakrishnan Raghusankar ceased to be Director on 31 Mar 2023. Bharat Vivek Chandhok was appointed as Director on 30 Apr 2022. Gopalakrishnan Raghusankar was appointed as Director on 01 Feb 2022. Icsa Holdings has 7 board changes on record in total.
Icsa Holdings can be reached through the website icsagroup.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Icsa Holdings is at No. 325 Linghi Chetty Street, Chennai, Tamil Nadu, India – 600001.
Icsa Holdings operates in the financial services industry, in the investment banking and advisory segment.
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