About Icam Technologies Private Limited
Data last updated:
Icam Technologies Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the marine and naval engineering segment of the engineering sector. It was incorporated on 12 November 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31900GJ2009PTC058552. Its GSTIN is 24AACCI2140J1ZY (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nilima Prabhatbhai Ballal and Jigar Chandrakant Bhatia.
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. 27 Bhatpore GIDC Opp. Ongc Company Hazira Road, Surat, Gujarat, India – 394510.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.46 Lakh, a decline of 75% compared to the previous year. For the same year it recorded a net profit of ₹31,420 (net margin 21.5%) and EBITDA of ₹31,420 (EBITDA margin 21.5%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years.
Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website icam.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No. 27 Bhatpore GIDC Opp. Ongc Company Hazira Road, Surat, Gujarat, India – 394510
- IndustryEngineering, Marine & Naval Engineering
- 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 Technologies Private Limited
The main business activity of Icam Technologies is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Technologies Private Limited FY 2025 filings available
Icam Technologies Private Limited reported revenue of ₹1.46 Lakh (down 75% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Icam Technologies Private Limited
Revenue fell 75% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 19%. EBITDA rose 106% 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 Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹31,420 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹31,420 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Icam Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 21.5% | •••• | •••• | •••• | •••• |
| 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 Technologies 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.
Peer Comparison of Icam Technologies Private Limited
Icam Technologies Private Limited is compared with the companies closest to it by revenue in the Engineering industry (Marine Engineering). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sail Smooth Maritime Private Limited | ₹2.56 Lakh (FY 2024) | •••• | •••• | -35.0% | •••• | Bardez, Goa, India |
| Swar India Shipping Services Private Limited | ₹2.43 Lakh (FY 2024) | •••• | •••• | -68.0% | •••• | Thane, Maharashtra, India |
| Divetech Marine Engineering Services Private Limited | ₹2.22 Lakh (FY 2021) | •••• | •••• | -92.0% | •••• | New Delhi, Delhi, India |
| Abh Marine Services Private Limited | ₹1.83 Lakh (FY 2019) | •••• | •••• | 31.0% | •••• | Chennai, Tamil Nadu, India |
| Ags Marine & Engineering Works Private Limited | ₹1.64 Lakh (FY 2019) | •••• | •••• | -92.0% | •••• | Puducherry, India |
| Icam Technologies Private Limited this company | ₹1.46 Lakh (FY 2025) | •••• | •••• | -75.0% | •••• | Surat, Gujarat, India |
| Aesthetic Ship Management Private Limited | ₹1.24 Lakh (FY 2025) | •••• | •••• | 230.0% | •••• | Nagpur, Maharashtra, India |
| Sycamore Marine Private Limited | ₹1.17 Lakh (FY 2016) | •••• | •••• | -78.0% | •••• | Mumbai, Maharashtra, India |
| Shraddha Maritime Services Private Limited | ₹1.09 Lakh (FY 2024) | •••• | •••• | -99.0% | •••• | Mumbai, Maharashtra, India |
| Pegasus Maritime (India) Pvt Ltd | ₹1.05 Lakh (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Cliff Ship Management Private Limited | ₹92,509 (FY 2025) | •••• | •••• | -53.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Icam Technologies by revenue in the Engineering industry (Marine Engineering), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Icam Technologies Private Limited
Icam Technologies Private Limited is audited by RUPAREL & BAVADIYA for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RUPAREL & BAVADIYA | 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 Technologies Private Limited
Icam Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nilima Prabhatbhai Ballal | Director | 12 Nov 2009 | 16 Years 11 Months | Current |
| Jigar Chandrakant Bhatia | Director | 10 Apr 2023 | 3 Years 6 Months | Current |
Ownership and Shareholding of Icam 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 Icam Technologies Private Limited
Icam Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Icam Technologies Private Limited
Icam Technologies Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Tetra-Pak India Private Limited | Disposed |
Full case history
All 1 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 Technologies Private Limited
Employment history and EPFO contributions of people linked to Icam Technologies.
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 Technologies Private Limited
Icam Technologies Private Limited has 4 board changes on record since 2009: 3 appointments and 1 cessation. The latest: Jigar Chandrakant Bhatia was appointed as Director on 10 Apr 2023.
Credit Ratings, Litigation & Regulatory Alerts for Icam 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 Icam 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 Icam 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.
GST Compliance of Icam Technologies Private Limited
Icam Technologies has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCI2140J1ZY | Gujarat | 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 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.
Frequently Asked Questions about Icam Technologies Private Limited
Icam Technologies is an active private limited company based in Surat, Gujarat, India. The company works in marine and naval engineering, within the engineering industry. It was incorporated on 12 November 2009 (17+ years old) and is registered under CIN U31900GJ2009PTC058552.
Icam Technologies reported revenue of ₹1.46 Lakh for FY 2025 (down 75% YoY).
Icam Technologies has 2 current directors:
- Nilima Prabhatbhai Ballal - Director
- Jigar Chandrakant Bhatia - Director
Icam Technologies reported a net profit of ₹31,420 (net margin 21.5%) and EBITDA of ₹31,420 (EBITDA margin 21.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Icam Technologies is 19% over three years. In the latest year (FY 2025) revenue fell 75%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Icam Technologies is 24AACCI2140J1ZY, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Icam Technologies is U31900GJ2009PTC058552. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Icam Technologies has 1 court case on record: 1 filed against it.
Icam Technologies was incorporated on 12 November 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Icam Technologies by revenue are Sail Smooth Maritime Private Limited, Swar India Shipping Services Private Limited, Divetech Marine Engineering Services Private Limited, Abh Marine Services Private Limited, Ags Marine & Engineering Works Private Limited and 5 more, all in the Engineering industry (Marine Engineering).
Jigar Chandrakant Bhatia was appointed as Director on 10 Apr 2023. Prabhat Ambadas Ballal ceased to be Director on 10 Apr 2023. Nilima Prabhatbhai Ballal was appointed as Director on 12 Nov 2009. Icam Technologies has 4 board changes on record in total.