FIC Group

Mumbai, India Founded: 1997 • Age: 29 yrs Acquired By Americo Financial Life and Annuity Insurance Company
Research and development of design and construction technologies are conducted.

About FIC Group

FIC Group is a Real Estate & Construction company based in Mumbai (India) founded in 1997, and was acquired by Americo Financial Life and Annuity Insurance Company in January 2008. Research and development of design and construction technologies are conducted. The company has 9 employees. FIC Group has completed 1 acquisition, including Americo Financial Life and Annuity Insurance Company. Its Indian entity Facade Innovative Construction Private Limited reported revenue of β‚Ή24.41 Cr. Its focus areas include Real Estate and Construction, Construction Contractors, Specialist and Landscaping.

Company details

FIC Group was founded in 1997 and is headquartered in Mumbai, India. Operations focus on the construction and design sector, where research and development of innovative systems and technologies are undertaken. Services encompass the creation of new methodologies for building processes, with emphasis on practical applications. The company maintains a presence in the Indian market, supporting advancements in infrastructure and engineering solutions.

Key Metrics

Investors in FIC Group

FIC Group has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Americo Financial Life and Annuity Insurance Company.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Life and health insurance policies are issued by the carrier.
1946americo.comKansas City, United States
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Investor details for FIC Group

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Board of directors of Facade Innovative Construction Private Limited (FIC Group)

Facade Innovative Construction Private Limited is the primary company behind FIC Group. The board of Facade Innovative Construction Private Limited currently have 4 directors; the longest-serving is Guddu Singh, appointed in 2016. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Guddu Singh
DIN 03470878
Director27 May 201610 yrs 5 moFacade Innovative Construction Private Limited
Sonu Kumar
DIN 08365960
Additional Director30 May 20224 yrs 5 moFacade Innovative Construction Private Limited
Darius Rafaat
DIN 10109784
Additional Director07 Apr 20233 yrs 7 moFacade Innovative Construction Private Limited
Monu Harendra Singh
DIN 09391220
Director09 Aug 20233 yrs 2 moFacade Innovative Construction Private Limited

Financials of FIC Group

Figures of Facade Innovative Construction Private Limited, the primary company behind FIC Group, for FY 2023. Revenue was ₹24.41 Cr (+114% year on year). Net profit was ₹85.8 Lakh (4% margin). EBITDA was ₹1.26 Cr (5% margin). Revenue has grown at a compounded annual rate of +183% over three years and +15% over five years.

  • ₹24.41 CrRevenue · FY 2023 · +114% YoY
  • ₹85.8 LakhNet profit · 4% margin
  • ₹1.26 CrEBITDA · 5% margin
  • ₹2.6 LakhPaid-up capital
  • 9Employees (provident fund records)
  • +183%Revenue CAGR, 3 years
  • +15%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Facade Innovative Construction Private Limited are on its company page.

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Detailed financial statements for FIC Group

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Investments & Acquisitions by FIC Group

FIC Group has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Americo Financial Life and Annuity Insurance Company.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Life and health insurance policies are issued by the carrier.
americo.comKansas, United States1946Jan 2008$74.7M
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Complete acquisition details for FIC Group

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  • Exports

Verified entity values are shown only after access is granted.

Timeline of FIC Group

3 dated milestones of FIC Group across 11 years, from founding to its latest funding, stage changes and deals.

  1. Founded FIC Group is founded.
  2. Acquisition Acquires Americo Financial Life and Annuity Insurance Company.
  3. Exit Acquired by Americo Financial Life and Annuity Insurance Company.
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Frequently Asked Questions about FIC Group

FIC Group was founded in 1997.

FIC Group is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

FIC Group has 9 employees.

The primary company behind FIC Group, Facade Innovative Construction Private Limited, reported revenue of β‚Ή24.41 Cr for FY 2023, up 114% year on year.

FIC Group was founded in 1997 and is headquartered in Mumbai, India. Operations focus on the construction and design sector, where research and development of innovative systems and technologies are undertaken. Services encompass the creation of new methodologies for building processes, with emphasis on practical applications. The company maintains a presence in the Indian market, supporting advancements in infrastructure and engineering solutions.

FIC Group has made 1 acquisition, including Americo Financial Life and Annuity Insurance Company.

FIC Group has 1 investor. Key investors include Americo Financial Life and Annuity Insurance Company.

FIC Group operates through Facade Innovative Construction Private Limited.

Yes. FIC Group was acquired by Americo Financial Life and Annuity Insurance Company in January 2008.

The legal entities of FIC Group currently have 4 directors, including Guddu Singh, Monu Harendra Singh, Sonu Kumar and others.

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