About Icad Technologies Private Limited
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Icad Technologies Private Limited is a private limited company based in Nagpur, Maharashtra, India, a subsidiary of Icad School Of Learning Private Limited. It operates in the test prep and competitive exam coaching segment of the education sector. It was incorporated on 30 April 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U72200MH2021PTC359774. Its GSTIN is 27AAGCI1298F1ZG (Maharashtra).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sarang Prakash Upganlawr and Priyadarshani Sarang Upganlawar.
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 Plot No.21 Nawab Area Tilak Nagar, Nagpur, Maharashtra, India – 440010.
As per the financials filed for FY 2025, the company reported a revenue of ₹21.96 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net loss of ₹18.98 Lakh (net margin -0.9%) and EBITDA of ₹1.41 Cr (EBITDA margin 6.4%). Revenue has grown at a compounded annual rate (CAGR) of 83% over three years.
As per MCA filings, the company has open charges of ₹15.9 Cr on record.
For more details, the company can be reached via its website icad-technologies.business.site.
- EmailLocked
- TelephoneLocked
- Social MediaLocked
- Registered AddressPlot No.21 Nawab Area Tilak Nagar, Nagpur, Maharashtra, India – 440010
- IndustryEducation, Test Prep & Competitive Exam Coaching
- 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
- One PDF report, delivered after checkout
Business Activity of Icad Technologies Private Limited
The main business activities of Icad Technologies are trade and education. In detail, this covers retail trading and higher education, technical & vocational education. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
| P | Education | P2 | Higher education, technical & vocational education | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Icad Technologies Private Limited
Icad Technologies Private Limited is audited by Sharma Mukewar & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Sharma Mukewar & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Icad Technologies Private Limited
Icad Technologies has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sarang Prakash Upganlawr | Director | 12 Feb 2025 | 1 Years 7 Months | Current |
| Priyadarshani Sarang Upganlawar | Director | 12 Feb 2025 | 1 Years 7 Months | Current |
| Prakash Shrihari Upganlawar | Director | 30 Apr 2021 | 5 Years 5 Months | Current |
| Anish Sarang Upganlawar | Director | 17 Jul 2024 | 2 Years 2 Months | Current |
Financials of Icad Technologies Private Limited FY 2025 filings available
Icad Technologies Private Limited reported revenue of ₹21.96 Cr (up 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Icad Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 83% over three years, including 21% growth 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 of Icad Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.41 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹18.98 Lakh | •••• | •••• | •••• |
| Balance Sheet | ||||
| Share Capital | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• |
Financial Ratios of Icad Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 6.4% | •••• | •••• | •••• |
| Net Profit Margin | -0.9% | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• |
| Liquidity and Debt | ||||
| Current Ratio | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• |
| Efficiency and Growth | ||||
| Asset Turnover | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Icad Technologies are in the company report.
Financial statements from FY 2022
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Icad Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Icad Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Oct 2024 | Hdfc Bank Limited | ₹15.9 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Icad Technologies Private Limited
Icad Technologies Private Limited has a workforce of 0 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Icad Technologies Private Limited
Icad Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCI1298F1ZG | Maharashtra | Active | 15 Jul 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Icad Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Icad Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Icad Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Icad Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Icad Technologies Private Limited
Frequently Asked Questions about Icad Technologies Private Limited
Icad Technologies is an active private limited company based in Nagpur, Maharashtra, India. The company works in test prep and competitive exam coaching, within the education industry. It was incorporated on 30 April 2021 (5+ years old) and is registered under CIN U72200MH2021PTC359774.
Icad Technologies reported revenue of ₹21.96 Cr for FY 2025 (up 21% YoY).
Icad Technologies has 4 current directors:
- Sarang Prakash Upganlawr - Director
- Priyadarshani Sarang Upganlawar - Director
- Prakash Shrihari Upganlawar - Director
- Anish Sarang Upganlawar - Director
Icad Technologies reported a net loss of ₹18.98 Lakh (net margin -0.9%) and EBITDA of ₹1.41 Cr (EBITDA margin 6.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Icad Technologies is 83% over three years. In the latest year (FY 2025) revenue rose 21%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Icad Technologies is 27AAGCI1298F1ZG, registered in Maharashtra.
The CIN (Corporate Identification Number) of Icad Technologies is U72200MH2021PTC359774. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Icad Technologies was incorporated on 30 April 2021, making it 5+ years old. It is registered with the Registrar of Companies, Nagpur.
Icad Technologies can be reached through the website icad-technologies.business.site. Its registered office is in Nagpur, Maharashtra, India.