Ideal Ice Limited
About Ideal Ice Limited
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Ideal Ice Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of The Indian Hotels Company Limited. It operates in the restaurants and dining services segment of the travel and hospitality sector. It was incorporated on 23 March 1979 and has been in existence for over 47 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH1979PLC021139. Its GSTIN is 27AAACI1151M1ZN (Maharashtra). The company holds 12 GST registrations, of which 11 are active.
The company has an authorised share capital of ₹40 Cr and a paid-up capital of ₹34.92 Cr. It was formerly known as Ideal Ice and Cold Storage Company Limited. It is led by directors including Deepika Rao Thallapalli and Himanshu Jain.
Its last annual general meeting (AGM) was held on 23 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mandilk House Mandlik Road, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹18.4 Cr, a decline of 32% compared to the previous year. For the same year it recorded a net loss of ₹3.41 Cr (net margin -18.5%) and EBITDA of -₹1.74 Cr (EBITDA margin -9.5%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 639% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Ideal Ice has one previous CIN (Corporate Identification Number): U51900MH1979PLC021139. The current CIN is U74110MH1979PLC021139, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110MH1979PLC021139 | Current |
| U51900MH1979PLC021139 | Previous |
Contact details
Ideal Ice Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressMandilk House Mandlik Road, Mumbai, Maharashtra, India – 400001
- IndustryTravel and Hospitality, Restaurants & Dining Services
To see the full contact details of Ideal Ice 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 Ideal Ice is accommodation and food service activities. In detail, this covers accommodation and food and beverage service activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food service activities | 55 | Accommodation | |
| I | Accommodation and Food service activities | 56 | Food and beverage service activities |
To see the full business activity and turnover split of Ideal Ice Limited, buy the company report.
Financials of Ideal Ice Limited
FY 2025 filings availableIdeal Ice Limited reported revenue of ₹18.4 Cr (down 32% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 32% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 639%. EBITDA rose 79% 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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| Total Expenses | |||||
| EBITDA | -₹1.74 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.41 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -9.5% | ||||
| Net Profit Margin | -18.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Ideal Ice Limited, buy the company report.
Board of directors of Ideal Ice Limited
Ideal Ice has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepika Rao Thallapalli Also directs: Roots Corporation Limited, Ank Hotels Private Limited, Rajscape Hotels Private Limited and 2 more | Director | 20 Oct 2023 | 3 Years 0 Months | Current |
| Himanshu Jain Also directs: Taida Trading and Industries Limited, Residency Foods and Beverages Ltd, Rhein Shoes Limited and 5 more | Director | 20 Jun 2014 | 12 Years 4 Months | Current |
| Moncrief Ryan Aviet | Additional Director | 11 Aug 2025 | 1 Years 3 Months | Current |
Auditor
Ideal Ice Limited is audited by PKF SRIDHAR & SANTHANAM LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PKF SRIDHAR & SANTHANAM LLP | FY 2023 | 003990S/S200018 |
Shareholding
The shareholding of Ideal Ice Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ideal Ice Limited, buy the company report.
Legal cases
Ideal Ice Limited has 2 court cases on record: 2 filed by Ideal Ice. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Ideal Ice 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
Ideal Ice Limited has 7 MSME Form 1 returns on record between 2022 and 2023, listing 101 overdue payments to 26 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 26)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Kaveri Retreats and Resorts Limited | |||
| an individual supplier | |||
| Rite Equipment Private Limited | |||
| an individual supplier | |||
| Kwick Living (I) Private Limited |
To see the full MSME payment records of Ideal Ice Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ideal Ice Limited has a workforce of 21 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 21 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 |
To see the full employee and EPFO history of Ideal Ice Limited, buy the company report.
GST
Ideal Ice has 12 GST registrations: 11 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACI1151M1ZN | Maharashtra | Active | 28 Sep 2020 |
| 07AAACI1151M1ZP | Delhi | Active | 18 Oct 2021 |
| 19AAACI1151M1ZK | West Bengal | Active | 09 Nov 2021 |
| 33AAACI1151M1ZU | Tamil Nadu | Active | 09 Nov 2021 |
To see the full GST registrations and return filing status of Ideal Ice Limited, buy the company report.
Recent activity
Ideal Ice Limited has 16 board changes on record since 2007: 3 appointments and 13 cessations. The latest: Moncrief Ryan Aviet was appointed as Additional Director on 11 Aug 2025.
7 earlier events are in the company report.
Frequently asked questions
Ideal Ice is an active public limited company based in Mumbai, Maharashtra, India. The company works in restaurants and dining services, within the travel and hospitality industry. It was incorporated on 23 March 1979 (47+ years old) and is registered under CIN U74110MH1979PLC021139.
Ideal Ice has 3 current directors:
- Deepika Rao Thallapalli - Director
- Himanshu Jain - Director
- Moncrief Ryan Aviet - Additional Director
The latest financial statements of Ideal Ice on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ideal Ice is 27AAACI1151M1ZN, registered in Maharashtra. The company has 12 GST registrations in all, of which 11 are active and 1 is cancelled or inactive. Other active GSTINs include 07AAACI1151M1ZP (Delhi), 19AAACI1151M1ZK (West Bengal), 33AAACI1151M1ZU (Tamil Nadu).
The CIN (Corporate Identification Number) of Ideal Ice is U74110MH1979PLC021139. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ideal Ice has 2 court cases on record: 2 filed by the company.
Ideal Ice was incorporated on 23 March 1979, making it 47+ years old. It is registered with the Registrar of Companies, Mumbai.
Moncrief Ryan Aviet was appointed as Additional Director on 11 Aug 2025. Deepika Rao Thallapalli ceased to be Additional Director on 30 Jun 2024. Deepika Rao Thallapalli was appointed as Director on 20 Oct 2023. Ideal Ice has 16 board changes on record in total.
Ideal Ice has 7 MSME Form 1 returns on record between 2022 and 2023, listing 101 overdue payments to 26 micro and small suppliers. The latest return was filed on 03 Jan 2024.
The registered office of Ideal Ice is at Mandilk House Mandlik Road, Mumbai, Maharashtra, India – 400001.
Ideal Ice operates in the travel and hospitality industry, in the restaurants and dining services segment.
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