Startup India Government of India
Icar Electro Mech Private Limited - electrnoics in Chennai, Tamil Nadu, India. Directors, charges & compliance details.
Revenue · FY 2024
₹1.73 Lakh
▼ 76% YoY
Net loss · FY 2024
₹22,570
Net margin -13%
EBITDA · FY 2024
-₹30,161
EBITDA margin -17.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Brands
1
Associated brands
About Icar Electro Mech Private Limited
Data last updated:
Icar Electro Mech Private Limited is a private limited company based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the electrical equipment manufacturing segment of the electronics sector. It was incorporated on 23 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U31904TN2019PTC132214.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mylerumperumal Raguraman and Raguraman Mahalakshmi.
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: 85 Developed Plot Perungudi Industrial Estate, Chennai, Tamil Nadu, India – 600096.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.73 Lakh, a decline of 76% compared to the previous year. For the same year it recorded a net loss of ₹22,570 (net margin -13%) and EBITDA of -₹30,161 (EBITDA margin -17.4%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years.
The company is associated with 1 brand: Icar Electro Mech.
For more details, the company can be reached via its website icar-em.in.
Company details
CIN U31904TN2019PTC132214
Registration Number 132214
Incorporation Date 23 October 2019
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Icar Electro Mech
Contact details
Icar Electro Mech Private Limited's registered office is in Chennai, Tamil Nadu.
- Registered AddressNo: 85 Developed Plot Perungudi Industrial Estate, Chennai, Tamil Nadu, India – 600096
- IndustryElectrnoics, Electrical Equipment, Manufacturing, Magnetic
Comprehensive company report
Icar Electro Mech 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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Secure checkout · GST invoice included
Brands
Icar Electro Mech operates one associated brand: Icar Electro Mech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides electric vehicles and promotes sustainable transportation solutions. | icar-em.in |
Business activity
The main business activity of Icar Electro Mech is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Icar Electro Mech Private Limited, buy the company report.
Financials of Icar Electro Mech Private Limited
FY 2025 filings availableIcar Electro Mech Private Limited reported revenue of ₹1.73 Lakh (down 76% YoY) for FY 2024.
Revenue · FY 2024
₹1.73 Lakh ▼ 76%
Net loss · FY 2024
₹22,570 margin -13%
EBITDA · FY 2024
-₹30,161 margin -17.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 76%
3 years · compounded
▼ 18%
EBITDA CAGR growth
1 year
▼ 134%
3 years · compounded
▼ 61%
Revenue has declined at a compounded annual rate (CAGR) of 18% over three years, including a 76% fall in the latest year. EBITDA fell 134% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹30,161 | ||||
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| Net Profit (PAT) | -₹22,570 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -17.4% | ||||
| Net Profit Margin | -13% | ||||
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To see the full financial statements and ratios of Icar Electro Mech Private Limited, buy the company report.
Board of directors of Icar Electro Mech Private Limited
Icar Electro Mech has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mylerumperumal Raguraman | Director | 23 Oct 2019 | 7 Years 0 Months | Current |
| Raguraman Mahalakshmi | Director | 23 Oct 2019 | 7 Years 0 Months | Current |
Peer comparison
Icar Electro Mech Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Its Doors Private Limited | ₹1.73 Lakh (FY 2025) | Chennai, Tamil Nadu, India | ||||
| Nighwan Technology Private Limited | ₹1.73 Lakh (FY 2025) | 30.0% | Arwal, Bihar, India | |||
| Nainika's Fashion Jewellers Private Limited | ₹1.73 Lakh (FY 2018) | 312.0% | Chennai, Tamil Nadu, India | |||
| Spaang Multi Services Private Limited | ₹1.73 Lakh (FY 2021) | 203.0% | Delhi, India | |||
| She Rocks Clothing Private Limited | ₹1.73 Lakh (FY 2022) | Chennai, Tamil Nadu, India | ||||
| Icar Electro Mech Private Limitedthis company | ₹1.73 Lakh (FY 2024) | -₹22,570 | -13% | -76.0% | Chennai, Tamil Nadu, India | |
| Zadaz Private Limited | ₹1.73 Lakh (FY 2025) | -64.0% | Pallikaranai, Tamil Nadu, India | |||
| Kasparo Organic Products Private Limited | ₹1.73 Lakh (FY 2023) | 246.0% | Raigad, Maharashtra, India | |||
| Sri Avadhuta Kasinayani Farmers Producer Company Limited | ₹1.73 Lakh (FY 2024) | -71.0% | Cuddapah, Andhra Pradesh, India | |||
| Growmore Industries Private Limited | ₹1.73 Lakh (FY 2024) | -67.0% | Delhi, India | |||
| Milku Singh Dairy Products Private Limited | ₹1.73 Lakh (FY 2019) | Gurgaon, Haryana, India |
To see the full peer comparison of Icar Electro Mech Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Icar Electro Mech 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 Icar Electro Mech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Icar Electro Mech Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Icar Electro Mech Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Raguraman Agnetha ceased to be Director on 18 Jun 2024.
AGM
Icar Electro Mech Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Icar Electro Mech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Ceased
Raguraman Agnetha ceased to be Director.
Appointed
Mylerumperumal Raguraman was appointed as Director.
Appointed
Raguraman Mahalakshmi was appointed as Director.
Incorporation
23 Oct 2019
Icar Electro Mech Private Limited was registered on 23 Oct 2019 with Roc Chennai & aged 7 years 5 days as per MCA records.
Frequently asked questions
Icar Electro Mech is an active private limited company based in Chennai, Tamil Nadu, India. The company works in electrical equipment, within the electronics industry. It was incorporated on 23 October 2019 (7+ years old) and is registered under CIN U31904TN2019PTC132214.
Icar Electro Mech has 2 current directors:
- Mylerumperumal Raguraman - Director
- Raguraman Mahalakshmi - Director
The latest financial statements of Icar Electro Mech 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 CIN (Corporate Identification Number) of Icar Electro Mech is U31904TN2019PTC132214. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Icar Electro Mech was incorporated on 23 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Icar Electro Mech by revenue are Its Doors Private Limited, Nighwan Technology Private Limited, Nainika's Fashion Jewellers Private Limited, Spaang Multi Services Private Limited, She Rocks Clothing Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Raguraman Agnetha ceased to be Director on 18 Jun 2024. Mylerumperumal Raguraman was appointed as Director on 23 Oct 2019. Raguraman Mahalakshmi was appointed as Director on 23 Oct 2019.
Yes, Icar Electro Mech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Icar Electro Mech can be reached through the website icar-em.in. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Icar Electro Mech is at No: 85 Developed Plot Perungudi Industrial Estate, Chennai, Tamil Nadu, India – 600096.
Icar Electro Mech operates in the electronics industry, in the electrical equipment segment.