Icaro Machines (India) Private Limited
About Icaro Machines (India) Private Limited
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Icaro Machines (India) Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 30 January 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28910MH2007PTC167399. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹75 Lakh. It is led by directors including Nikhil Ravi Ghai and Ashish Ravinder Ghai.
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 470 Central Facility Bldg. No. 2 Apmc Market – Iip Phase – II Sector – 19 Vashi, Navi Mumbai, Maharashtra, India – 400705.
As per MCA filings, the company has open charges of ₹7.92 Cr on record. Court records list 8 cases involving the company, including 3 filed by the company and 5 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Icaro Machines (India) Private Limited's registered office is in Navi Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address470 Central Facility Bldg. No. 2 Apmc Market – Iip Phase – II Sector – 19 Vashi, Navi Mumbai, Maharashtra, India – 400705
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Icaro Machines (India) Private Limited, buy the company report.
- 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
Financials of Icaro Machines (India) Private Limited
FY 2025 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Icaro Machines (India) Private Limited, buy the company report.
Board of directors of Icaro Machines (India) Private Limited
Icaro Machines (India) has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Ravi Ghai Also directs: Dhiren Electronics Pvt Ltd, Mast Climber Equipement India Private Limited, Ispat Infrastructure (India) Limited and 1 more | Director | 30 Jan 2007 | 19 Years 9 Months | Current |
| Ashish Ravinder Ghai Also directs: Dhiren Electronics Pvt Ltd, Mast Climber Equipement India Private Limited, Ispat Infrastructure (India) Limited and 2 more | Director | 30 Jan 2007 | 19 Years 9 Months | Current |
| Kapil Ravi Ghai | Director | 30 Jan 2007 | 19 Years 9 Months | Current |
Auditor
Icaro Machines (India) Private Limited is audited by YOGESH N SHAH & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| YOGESH N SHAH & CO | FY 2019 | 111760W |
Shareholding
The shareholding of Icaro Machines (India) Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
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| Domestic institutional investors (DII) | ||||
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To see the full shareholding pattern of Icaro Machines (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 May 2007 | 10070428 | State Bank of India | ₹7.92 Cr | Open |
To see the full charge records of Icaro Machines (India) Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Icaro Machines (India) Private Limited has 8 court cases on record: 3 filed by Icaro Machines (India), 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 2 | 0 |
| District courts | 3 | 3 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Ms Shree NM Electricals Ltd. Th. Mr. Parasnath Ra | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by PR. Commissioner of Income Tax-15 | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by Pr.Commissioner of Income Tax-15 | Disposed |
| Bombay High Court | Writ petition | Filed by the company against M/S. G.B. Construction | Disposed |
| Bombay High Court | Writ petition | Filed by the company against State Bank of India | Disposed |
To see the full case history of Icaro Machines (India) Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Icaro Machines (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Icaro Machines (India) has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Icaro Machines (India) Private Limited, buy the company report.
Recent activity
Icaro Machines (India) Private Limited has 3 board changes on record since 2007: 3 appointments. The latest: Ashish Ravinder Ghai was appointed as Director on 30 Jan 2007.
Frequently asked questions
Icaro Machines (India) is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 30 January 2007 (19+ years old) and is registered under CIN U28910MH2007PTC167399.
Icaro Machines (India) has 3 current directors:
- Nikhil Ravi Ghai - Director
- Ashish Ravinder Ghai - Director
- Kapil Ravi Ghai - Director
The latest financial statements of Icaro Machines (India) 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 2015 are in the company report.
No. Icaro Machines (India) has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Icaro Machines (India) is U28910MH2007PTC167399. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Icaro Machines (India) has 8 court cases on record: 3 filed by the company and 5 filed against it. Most are in the high courts.
Icaro Machines (India) was incorporated on 30 January 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Ashish Ravinder Ghai was appointed as Director on 30 Jan 2007. Kapil Ravi Ghai was appointed as Director on 30 Jan 2007. Nikhil Ravi Ghai was appointed as Director on 30 Jan 2007.
The registered office of Icaro Machines (India) is at 470 Central Facility Bldg. No. 2 Apmc Market – Iip Phase – II Sector – 19 Vashi, Navi Mumbai, Maharashtra, India – 400705.
Icaro Machines (India) operates in the machinery and equipment industry, in the industrial machinery retail and distribution segment.
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