
Icarus Innovation Labs Private Limited
About Icarus Innovation Labs Private Limited
Data last updated:
Icarus Innovation Labs Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 11 February 2019.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2019PTC320945.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.2 Lakh. It was led by directors Kapil Mukesh Jain and Aumkar Anil Rane.
Its last annual general meeting (AGM) was held on 25 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at 202 Ankita Apt Nehru Road Opp Bharat Hindu Hotel Vile Parle East, Mumbai, Maharashtra, India – 400057.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.68 Lakh, a growth of 2% compared to the previous year. For the same year it recorded a net loss of ₹48,392 (net margin -28.8%) and EBITDA of -₹48,392 (EBITDA margin -28.8%).
Company details
Contact details
Icarus Innovation Labs Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address202 Ankita Apt Nehru Road Opp Bharat Hindu Hotel Vile Parle East, Mumbai, Maharashtra, India – 400057
- IndustryInformation Technology, Other Computer Related Activities
To see the full contact details of Icarus Innovation Labs 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
Business activity
The main business activity of Icarus Innovation Labs is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Icarus Innovation Labs Private Limited, buy the company report.
Financials of Icarus Innovation Labs Private Limited
FY 2021 filings availableIcarus Innovation Labs Private Limited reported revenue of ₹1.68 Lakh (up 2% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 2% in the latest year. EBITDA fell 741% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹1.68 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹48,392 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹48,392 | ||
| 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -28.8% | ||
| Net Profit Margin | -28.8% | ||
| 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 | |||
To see the full financial statements and ratios of Icarus Innovation Labs Private Limited, buy the company report.
Board of directors of Icarus Innovation Labs Private Limited
Icarus Innovation Labs 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 |
|---|---|---|---|---|
| Kapil Mukesh Jain | Director | 11 Feb 2019 | 7 Years 8 Months | As last reported |
| Aumkar Anil Rane | Director | 11 Feb 2019 | 7 Years 8 Months | As last reported |
Peer comparison
Icarus Innovation Labs Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Perfact Esquare Techsolutions Private Limited | ₹1.69 Lakh (FY 2018) | Gurugram, Haryana, India | ||||
| Pixxmo Online Services Private Limited | ₹1.69 Lakh (FY 2024) | 439.0% | Rohtak, Haryana, India | |||
| Inent AI Private Limited | ₹1.68 Lakh (FY 2024) | -94.0% | Hyderabad, Telangana, India | |||
| Clickzy Creative Technologies Private Limited | ₹1.68 Lakh (FY 2024) | -57.0% | Kota, Rajasthan, India | |||
| Rajlaxmi Technologies Private Limited | ₹1.68 Lakh (FY 2022) | 179.0% | Dewas, Madhya Pradesh, India | |||
| Icarus Innovation Labs Private Limitedthis company | ₹1.68 Lakh (FY 2021) | -₹48,392 | -28.8% | 2.0% | Mumbai, Maharashtra, India | |
| BSP IT Services and Skill Development Private Limited | ₹1.68 Lakh (FY 2024) | 28.0% | Osmanabad, Maharashtra, India | |||
| Hexbee Technology Solutions Private Limited | ₹1.68 Lakh (FY 2024) | Thalassery, Kerala, India | ||||
| Projectpie Technologies Private Limited | ₹1.67 Lakh (FY 2024) | -92.0% | Kolkata, West Bengal, India | |||
| Swifsys Technologies Private Limited | ₹1.67 Lakh (FY 2024) | -57.0% | Lucknow, Uttar Pradesh, India | |||
| Web Settlor Private Limited | ₹1.67 Lakh (FY 2022) | Agra, Uttar Pradesh, India |
To see the full peer comparison of Icarus Innovation Labs Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Icarus Innovation Labs 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 Icarus Innovation Labs 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 Icarus Innovation Labs Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Icarus Innovation Labs Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Nirbhay Ashok Pherwani ceased to be Director on 02 Aug 2019.
Frequently asked questions
Icarus Innovation Labs has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Icarus Innovation Labs was a private limited company based in Mumbai, Maharashtra, India. The company worked in other computer related activities, within the information technology industry. It was incorporated on 11 February 2019 and is registered under CIN U72900MH2019PTC320945. The company has been struck off by the Registrar of Companies and is no longer operational.
Icarus Innovation Labs had 2 directors:
- Kapil Mukesh Jain - Director
- Aumkar Anil Rane - Director
The CIN (Corporate Identification Number) of Icarus Innovation Labs is U72900MH2019PTC320945. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Icarus Innovation Labs is at 202 Ankita Apt Nehru Road Opp Bharat Hindu Hotel Vile Parle East, Mumbai, Maharashtra, India – 400057.
Icarus Innovation Labs was incorporated on 11 February 2019. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Icarus Innovation Labs on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 25 September 2021. Year-wise statements from FY 2019 are in the company report.
Icarus Innovation Labs operated in the information technology industry, in the other computer related activities segment. It worked in this industry before it was struck off.
The peers of Icarus Innovation Labs by revenue are Perfact Esquare Techsolutions Private Limited, Pixxmo Online Services Private Limited, Inent AI Private Limited, Clickzy Creative Technologies Private Limited, Rajlaxmi Technologies Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Nirbhay Ashok Pherwani ceased to be Director on 02 Aug 2019. Aumkar Anil Rane was appointed as Director on 11 Feb 2019. Kapil Mukesh Jain was appointed as Director on 11 Feb 2019.
Icarus Innovation Labs can be reached at its registered office: 202 Ankita Apt Nehru Road Opp Bharat Hindu Hotel Vile Parle East, Mumbai, Maharashtra, India – 400057.

