Icard Solutions (India) Private Limited - Company Profile

It is a information technology private limited company based in Bangalore, Karnataka, India, established in 2008.
2008 Bangalore, Karnataka, India Active
Last Updated:
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About Icard Solutions (India) Private Limited

Icard Solutions (India) Private Limited, a active private limited company, was established on 20 March 2008 in Bangalore, Karnataka, India. Engaging in electronic components & equipment manufacturing within the manufacturing sector, it holds CIN: U72211KA2008PTC045707. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹4.00 M and a paid-up capital of ₹2.29 M.

It upholds a compliant status. Employing 26 professional, Its leadership includes Sathya Narayana Muniswmaiah Venkatachalaiah (Director), Pushpanjali Nagaraju Kantarajapura (Director). Past directors included Srinivas Gidaganahalli Muddarangappa. It holds ₹1.65 Cr open charges and ₹2.46 Cr settled loans. Its latest AGM occurred on 29 September 2025, with the balance sheet filed on 31 March 2025. It is based at #50, Second Floor, 10Th Cross, Cbi Main Road, Ganganagar,, Bangalore, Karnataka, 560032.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U72211KA2008PTC045707

  • Registration Number

    045707

  • Incorporation Date

    20 March 2008

  • Authorized Capital

    ₹4.00 M

  • Paid-Up Capital

    ₹2.29 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 2.29 M
  • Company Age 17 Year, 10 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 1.65 Cr
  • Satisfied Charges ₹ 2.46 Cr
  • Revenue Growth **** 49.75%
  • Profit Growth **** 102.12%
  • Ebitda **** -60.77%
  • Net Worth 88.03%
  • Total Assets **** 89.69%
Company report

Icard Solutions (India) Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Icard Solutions (India) Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Icard Solutions (India) Private Limited?
Current Directors
Name Designation Appointment Date Status
Sathya Narayana Muniswmaiah Venkatachalaiah Director 20 Mar 2008 Current
Pushpanjali Nagaraju Kantarajapura Director 20 Mar 2008 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 10 Mar 2010 Past

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Financial Performance of Icard Solutions (India).

Icard Solutions (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 49.75% increase. The company also saw a substantial improvement in profitability, with a 102.12% increase in profit. The company's net worth Soared by an impressive increase of 88.03%.

Icard Solutions (India) revenue growth over time
Icard Solutions (India) profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 49.75%
*******
*******
*******
*******
Revenue from Operations
*******
 49.55%
*******
*******
*******
*******
Total Assets
*******
 89.69%
*******
*******
*******
*******
Profit or Loss
*******
 102.12%
*******
*******
*******
*******
Net Worth
*******
 88.03%
*******
*******
*******
*******
EBITDA
*******
 -60.77%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Icard Solutions (India)?

Unlock access to Icard Solutions (India)'s control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹16,453,800.00

Satisfied Charges

₹24,574,605.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 1.28 Cr
  • Axis Bank Limited : 0.25 Cr
  • Reliance Capital Ltd : 0.12 Cr
Latest Charge Details
Date Lender Amount Status
13 Dec 2024 Hdfc Bank Limited ₹4.87 M Open
23 Feb 2024 Hdfc Bank Limited ₹7.90 M Open
29 Feb 2016 Reliance Capital Ltd ₹1.19 M Open
26 Aug 2008 Axis Bank Limited ₹2.50 M Open
19 Sep 2022 Hdfc Bank Limited ₹1.00 M Satisfied

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How Many Employees Work at Icard Solutions (India)?

Icard Solutions (India) has a workforce of 26 employees as of Mar 28, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Icard Solutions (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Icard Solutions (India)'s trajectory.

Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Icard Solutions (India)
Recent Activity within the Organization
  • Annual General Meeting

    Icard Solutions (India) Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Icard Solutions (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was documented.

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 4.87 M with Charge ID 101091395 was registered on 13 Dec 2024. was completed.

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 7.90 M with Charge ID 100878785 was registered on 23 Feb 2024. was completed.

  • Charges

    Progress on A charge registered on 15 Jul 2021 via Charge ID 100462285 with Hdfc Bank Limited was fully satisfied on 16 Nov 2023. was documented.

  • Charges

    Progress on A charge registered on 19 Sep 2022 via Charge ID 100613750 with Hdfc Bank Limited was fully satisfied on 07 Sep 2023. was documented.

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Frequently Asked Questions
What is the CIN of Icard Solutions (India) Private Limited?

The CIN of Icard Solutions (India) Private Limited is U72211KA2008PTC045707.

Where is Icard Solutions (India) Private Limited headquartered?

Icard Solutions (India) Private Limited is headquartered at #50, Second Floor, 10Th Cross, Cbi Main Road, Ganganagar,, Bangalore, Karnataka, 560032.

When was Icard Solutions (India) Private Limited incorporated?

Icard Solutions (India) Private Limited was incorporated on 20 March 2008.

Who are the current directors of Icard Solutions (India) Private Limited?

The current directors of Icard Solutions (India) Private Limited are

What is the primary industry of Icard Solutions (India) Private Limited?

The primary industry of Icard Solutions (India) Private Limited is Manufacturing.

Is Icard Solutions (India) Private Limited a listed company?

Icard Solutions (India) Private Limited is unlisted.

What is the capital structure of Icard Solutions (India) Private Limited?

The authorized capital of Icard Solutions (India) Private Limited is ₹4.00 M, and the paid-up capital is ₹2.29 M.

What is the compliance status of Icard Solutions (India) Private Limited?

The compliance status of Icard Solutions (India) Private Limited is Compliant.

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