Icadvisory Services India Private Limited
About Icadvisory Services India Private Limited
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Icadvisory Services India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Relationsatwork India Advisory Private Limited. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 07 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2019PTC326434. Its GSTIN is 27AAFCI3005B1Z8 (Maharashtra).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1.33 Lakh. It is led by directors including Antonio Fasano and Roberto Corciulo.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.9 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹46.57 Lakh (net margin 7.9%) and EBITDA of ₹71.68 Lakh (EBITDA margin 12.2%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 43% over five years.
The company has about 15 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Icadvisory Services India Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No. 501 – 503 5th Floor Sangeet Plaza, Marol Maroshi Road Opposite Marol Fire Station, Mumbai, Maharashtra, India – 400059
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Icadvisory Services India 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
Business activity
The main business activity of Icadvisory Services India is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Icadvisory Services India Private Limited, buy the company report.
Financials of Icadvisory Services India Private Limited
FY 2025 filings availableIcadvisory Services India Private Limited reported revenue of ₹5.9 Cr (up 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 43% over five years, including 26% growth in the latest year. EBITDA rose 5% 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 | ₹71.68 Lakh | ||||
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| Net Profit (PAT) | ₹46.57 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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| EBITDA Margin | 12.2% | ||||
| Net Profit Margin | 7.9% | ||||
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To see the full financial statements and ratios of Icadvisory Services India Private Limited, buy the company report.
Board of directors of Icadvisory Services India Private Limited
Icadvisory Services India has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Antonio Fasano Also directs: Kolaba Fine Food Private Limited, Sirmax India Plastics Private Limited, WM Thermoforming Machines India Private Limited and 5 more | Director | 11 Nov 2019 | 6 Years 11 Months | Current |
| Roberto Corciulo | Director | 05 Feb 2024 | 2 Years 8 Months | Current |
| Massimiliano Altabella Also directs: Sirmax India Plastics Private Limited, Ella Pehc Private Limited, Autotech-Sirmax India Private Limited and 5 more | Director | 11 Nov 2019 | 6 Years 11 Months | Current |
Auditor
Icadvisory Services India Private Limited is audited by RUSHABHA PATEL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RUSHABHA PATEL & ASSOCIATES | FY 2023 | 139376W |
Shareholding
The shareholding of Icadvisory Services India Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Icadvisory Services India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Icadvisory Services India 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 Icadvisory Services India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Icadvisory Services India has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Simbasrl India Private Limited | U51504MH2020PTC340092 |
To see the full group structure of Icadvisory Services India Private Limited, buy the company report.
GST
Icadvisory Services India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCI3005B1Z8 | Maharashtra | Active | 26 Aug 2019 |
To see the full GST registrations and return filing status of Icadvisory Services India Private Limited, buy the company report.
Recent activity
Icadvisory Services India Private Limited has 9 board changes on record since 2019: 3 appointments and 6 cessations. The latest: Roberto Corciulo ceased to be Additional Director on 29 Sep 2024.
Frequently asked questions
Icadvisory Services India is an active private limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 07 June 2019 (7+ years old) and is registered under CIN U74999MH2019PTC326434.
Icadvisory Services India has 3 current directors:
- Antonio Fasano - Director
- Roberto Corciulo - Director
- Massimiliano Altabella - Director
The latest financial statements of Icadvisory Services India 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 FY 2020 are in the company report.
The GSTIN of Icadvisory Services India is 27AAFCI3005B1Z8, registered in Maharashtra.
The CIN (Corporate Identification Number) of Icadvisory Services India is U74999MH2019PTC326434. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Icadvisory Services India was incorporated on 07 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Roberto Corciulo ceased to be Additional Director on 29 Sep 2024. Roberto Corciulo was appointed as Director on 05 Feb 2024. Antonio Fasano ceased to be Additional Director on 31 Dec 2020. Icadvisory Services India has 9 board changes on record in total.
The registered office of Icadvisory Services India is at Office No. 501 – 503 5th Floor Sangeet Plaza, Marol Maroshi Road Opposite Marol Fire Station, Mumbai, Maharashtra, India – 400059.
Icadvisory Services India operates in the business outsourcing industry, in the business and IT consulting segment.
The compliance status of Icadvisory Services India is compliant as of 13 July 2026. The company is actively filing with the Registrar of Companies.
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