Icahro (OPC) Private Limited

Icahro (OPC) Private Limited - e-commerce in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
CIN U24304KA2020OPC133915 Incorporated 25 April 2020 ROC Bangalore HQ Bengaluru, Karnataka, India
Active e-commerce DPIIT Startup MSME · Micro
Revenue · FY 2024
₹1.35 Cr
▲ 59% YoY
Net profit · FY 2024
₹52,774
Net margin 0.4%
EBITDA · FY 2024
₹43,213
EBITDA margin 0.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
1
As per MCA filings
Active GSTINs
1
of 3 registered

About Icahro (OPC) Private Limited

Data last updated:

Icahro (OPC) Private Limited is a one person company based in Bengaluru, Karnataka, India, recognised as a startup by DPIIT. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 25 April 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24304KA2020OPC133915. Its GSTIN is 29AAICC7053Q1ZW (Karnataka). The company holds 3 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Cure by Design Pharmaceutical (Opc) Private Limited. It is led by director Daanish Matheen.

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 No 102 Prestige Clerk Woods Apts Clerk Rd Richards Town, Bengaluru, Karnataka, India – 560005.

As per the financials filed for FY 2024, the company reported a revenue of ₹1.35 Cr, a growth of 59% compared to the previous year. For the same year it recorded a net profit of ₹52,774 (net margin 0.4%) and EBITDA of ₹43,213 (EBITDA margin 0.3%). Revenue has grown at a compounded annual rate (CAGR) of 138% over three years.

The company is associated with 1 brand: Cure By Design.

Icahro (OPC) Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0235420). For more details, the company can be reached via its website curebydesign.in.

Company details

CIN U24304KA2020OPC133915
Registration Number 133915
Incorporation Date 25 April 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0235420
Key People
Daanish Matheen Director

Recognitions & Rankings of Icahro

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-03-0235420

Contact details

Icahro (OPC) Private Limited's registered office is in Bengaluru, Karnataka. Its website is curebydesign.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    curebydesign.in
  • Social Media
  • Registered Address
    No 102 Prestige Clerk Woods Apts Clerk Rd Richards Town, Bengaluru, Karnataka, India – 560005
  • Industry
    E-Commerce, General E-Commerce Platforms

To see the full contact details of Icahro (OPC) Private Limited, buy the company report.

Comprehensive company report
Icahro (OPC) Private Limited - one report that includes everything
  • 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
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Brands

Icahro operates one associated brand: Cure By Design. Each brand links to its own profile.

BrandDescriptionWebsite
Cure By Design
Operates an online pharmacy specializing in recreational and medical cannabis products.curebydesign.in

Business activity

The main business activity of Icahro is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Icahro (OPC) Private Limited, buy the company report.

Financials of Icahro (OPC) Private Limited

FY 2025 filings available

Icahro (OPC) Private Limited reported revenue of ₹1.35 Cr (up 59% YoY) for FY 2024.

Revenue · FY 2024
₹1.35 Cr ▲ 59%
Net profit · FY 2024
₹52,774 margin 0.4%
EBITDA · FY 2024
₹43,213 margin 0.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 59%
3 years · compounded
▲ 138%
EBITDA CAGR growth
1 year
▲ 956%

Revenue has grown at a compounded annual rate (CAGR) of 138% over three years, including 59% growth in the latest year. EBITDA rose 956% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹43,213
Profit Before Tax
Tax Expense
Net Profit (PAT)₹52,774
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin0.3%
Net Profit Margin0.4%
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

To see the full financial statements and ratios of Icahro (OPC) Private Limited, buy the company report.

Board of directors of Icahro (OPC) Private Limited

Icahro has 1 director on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Daanish MatheenDirector25 Apr 20206 Years 6 MonthsCurrent
View all directors

Auditor

Icahro (OPC) Private Limited is audited by GAURAV PATEL & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
GAURAV PATEL & ASSOCIATESFY 2023198658

Shareholding

The shareholding of Icahro (OPC) Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions and public shareholders.

Shareholder categoryFY 2023FY 2022FY 2021
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public

To see the full shareholding pattern of Icahro (OPC) Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Icahro (OPC) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Icahro has 3 GST registrations: 1 active and 2 cancelled or inactive.

Total GSTINs
3
Active
1
Cancelled / inactive
2
GSTINStateStatusRegistered on
29AAICC7053Q1ZWKarnatakaActive27 Aug 2020

To see the full GST registrations and return filing status of Icahro (OPC) Private Limited, buy the company report.

Recent activity

Icahro (OPC) Private Limited has 1 board change on record since 2020: 1 appointment. The latest: Daanish Matheen was appointed as Director on 25 Apr 2020.

AGM
Icahro (Opc) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Icahro (Opc) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Daanish Matheen was appointed as Director.
Incorporation
25 Apr 2020
Icahro (Opc) Private Limited was registered on 25 Apr 2020 with Roc Bangalore & aged 6 years 6 months as per MCA records.

Frequently asked questions

Icahro is an active company based in Bengaluru, Karnataka, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 25 April 2020 (6+ years old) and is registered under CIN U24304KA2020OPC133915.

Icahro has 1 current director:

The latest financial statements of Icahro 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 2021 are in the company report.

The GSTIN of Icahro is 29AAICC7053Q1ZW, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.

The CIN (Corporate Identification Number) of Icahro is U24304KA2020OPC133915. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Icahro was incorporated on 25 April 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.

Daanish Matheen was appointed as Director on 25 Apr 2020.

Yes, Icahro is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Icahro is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0235420).

Icahro can be reached through the website curebydesign.in. Its registered office is in Bengaluru, Karnataka, India.