About Icam Solution Private Limited
Data last updated:
Icam Solution Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Sfo Technologies Private Limited. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 17 April 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2000PTC026932. Its GSTIN is 29AAACI8461Q1ZS (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹33.26 Lakh. It is led by directors including Naazneen Jehangir and Nagoor Jehangirrawther.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 113/A Bommasandra Industrial Area Hosur Road, Bangalore, Karnataka, India – 560099.
As per the financials filed for FY 2024, the company reported a revenue of ₹68.92 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹7.17 Cr (net margin 10.4%) and EBITDA of ₹12.76 Cr (EBITDA margin 18.5%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 12% over five years.
The company has about 194 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹6.01 Cr and satisfied charges of ₹23.55 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company. The company has 4 deals on record (4 secondary share transfers); the latest was in September 2017.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website icamblr.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address113/A Bommasandra Industrial Area Hosur Road, Bangalore, Karnataka, India – 560099
- IndustryHealthcare, Medical & Laboratory Equipment
- 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 Icam Solution Private Limited
The main business activity of Icam Solution is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | 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.
Financials of Icam Solution Private Limited FY 2024 filings available
Icam Solution Private Limited reported revenue of ₹68.92 Cr (down 6% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Icam Solution Private Limited
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA rose 97% 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 Icam Solution Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹12.76 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.17 Cr | •••• | •••• | •••• | •••• |
| 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 Icam Solution Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Icam Solution are in the company report.
Financial statements from 2015
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.
Auditor Details of Icam Solution Private Limited
Icam Solution Private Limited is audited by IYER THOMAS & SUNNEY for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| IYER THOMAS & SUNNEY | 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 Icam Solution Private Limited
Icam Solution has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dini Eapen Kurien Also directs: Nest Icelr Private Limited, Ray-Hans Precision Tools Private Limited, Sfo Technologies Solutions Private Limited and 4 more | Additional Director | 28 Nov 2025 | 0 Years 10 Months | Current |
| Naazneen Jehangir | Director | 21 Sep 2017 | 9 Years 0 Months | Current |
| Ulooji Muhamad Shafi | Additional Director | 21 Nov 2025 | 0 Years 10 Months | Current |
| Nagoor Jehangirrawther | Director | 23 May 2018 | 8 Years 4 Months | Current |
| Althaaf Jehangir | Director | 23 May 2018 | 8 Years 4 Months | Current |
Ownership and Shareholding of Icam Solution 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 Icam Solution Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Nov 2024 | Others | ₹6 Cr | Open |
| 24 Aug 2023 | The South Indian Bank Limited | ₹1.46 Lakh | Open |
| 25 Sep 2018 | Tata Capital Financial Services Limited | ₹9 Cr | Satisfied |
| 24 Oct 2017 | Tata Capital Financial Services Limited | ₹12 Cr | Satisfied |
| 28 Apr 2015 | Tata Capital Financial Services Limited | ₹53.61 Lakh | Satisfied |
Total charge records: 8 View all charges
Deals & Funding of Icam Solution Private Limited
Icam Solution Private Limited has 4 deals on record (4 secondary share transfers); the latest was in September 2017.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: SFO Technologies Private Limited & Nagoor Jehangir Rawther, Sfo Technologies Private Limited Seller: 4 individuals |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
| Nov 2010 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Icam Solution Private Limited
Icam Solution Private Limited has 2 court cases on record: 1 filed by Icam Solution, 1 where it is another party. All cases are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against an individual | Disposed |
| High Court of Karnataka | Writ petition | Company is another party | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Icam Solution Private Limited
Icam Solution Private Limited has a workforce of 194 employees as of Apr 05, 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.
Recent Activity on Icam Solution Private Limited
Icam Solution Private Limited has 10 board changes on record since 2011: 5 appointments and 5 cessations. The latest: Dini Eapen Kurien was appointed as Additional Director on 28 Nov 2025.
17 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Icam Solution 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 Icam Solution 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 Icam Solution 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.
GST Compliance of Icam Solution Private Limited
Icam Solution has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACI8461Q1ZS | Karnataka | Active | 01 Jul 2017 |
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.
MCA Filings & Documents of Icam Solution 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.
Frequently Asked Questions about Icam Solution Private Limited
Icam Solution is an active private limited company based in Bangalore, Karnataka, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 17 April 2000 (26+ years old) and is registered under CIN U72900KA2000PTC026932.
Icam Solution reported revenue of ₹68.92 Cr for FY 2024 (down 6% YoY).
Icam Solution has 5 current directors:
- Dini Eapen Kurien - Additional Director
- Naazneen Jehangir - Director
- Ulooji Muhamad Shafi - Additional Director
- Nagoor Jehangirrawther - Director
- Althaaf Jehangir - Director
Icam Solution reported a net profit of ₹7.17 Cr (net margin 10.4%) and EBITDA of ₹12.76 Cr (EBITDA margin 18.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Icam Solution is 13% over three years and 12% over five years. In the latest year (FY 2024) revenue fell 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Icam Solution is 29AAACI8461Q1ZS, registered in Karnataka.
The CIN (Corporate Identification Number) of Icam Solution is U72900KA2000PTC026932. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Icam Solution has 2 court cases on record: 1 filed by the company.
Icam Solution was incorporated on 17 April 2000, making it 26+ years old. It is registered with the Registrar of Companies, Bangalore.
Icam Solution has 4 deals on record (4 secondary share transfers); the latest was in September 2017.