
FIC Group
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 βΉ24.41 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.
- Headquarters Mumbai, India
- Employees 9
- Stage Acquired
- SectorsReal Estate & Construction
- Website ficgroup.com
- Acquired by Americo Financial Life and Annuity Insurance Company (Jan 2008)
- Legal Name Facade Innovative Construction Privatelimited
- Date of Incorporation 27 May, 2016
- Jurisdiction Wada Palgher, Maharashtra, India
- Annual Revenue₹24.41 Cr
FY 2023 · +114% YoY
- Net Profit₹85.8 Lakh
FY 2023 · 4% margin
- EBITDA₹1.26 Cr
FY 2023 · 5% margin
- Investors
- Employee Count9
- Investments & Acquisitions
- Acquired by
Associated legal entities of FIC Group
FIC Group operates through Facade Innovative Construction Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Facade Innovative Construction Private Limited CIN U74999MH2016PTC281699 | Active | 27 May 2016 | Wada Palgher, Maharashtra | ₹24.4 Cr | 9 | 4 | View details |
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Life and health insurance policies are issued by the carrier. | 1946 | americo.com | Kansas City, United States |
Investor details for FIC Group
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
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.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Guddu Singh DIN 03470878 | Director | 27 May 2016 | 10 yrs 5 mo | Facade Innovative Construction Private Limited |
| Sonu Kumar DIN 08365960 | Additional Director | 30 May 2022 | 4 yrs 5 mo | Facade Innovative Construction Private Limited |
| Darius Rafaat DIN 10109784 | Additional Director | 07 Apr 2023 | 3 yrs 7 mo | Facade Innovative Construction Private Limited |
| Monu Harendra Singh DIN 09391220 | Director | 09 Aug 2023 | 3 yrs 2 mo | Facade 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.
Detailed financial statements for FIC Group
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Life and health insurance policies are issued by the carrier. | americo.com | Kansas, United States | 1946 | Jan 2008 | $74.7M |
Complete acquisition details for FIC Group
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- 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.
- Founded FIC Group is founded.
- Acquisition Acquires Americo Financial Life and Annuity Insurance Company.
- 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 βΉ24.41 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.