- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0067927

About Icastx Technologies Private Limited
Data last updated:
Icastx Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the cloud computing and cloud services segment of the technology and IT services sector. It was incorporated on 17 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2016PTC282558. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors Mohd Salim Shaikh and Dipson Subhash Bothare.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at B – 607 Royal Park Sub Plot A Bldg. M. G. Road, Mumbai, Maharashtra, India – 400067.
As per the financials filed for FY 2021, the company reported a revenue of ₹2.41 Cr, a decline of 69% compared to the previous year. For the same year it recorded a net loss of ₹2.08 Cr (net margin -86.3%) and EBITDA of -₹79.88 Lakh (EBITDA margin -33.1%). Revenue has declined at a compounded annual rate (CAGR) of 40% over three years.
The company is associated with 1 brand: iCastX. As per MCA filings, the company has open charges of ₹2 Cr on record. Court records list 10 cases involving the company, including 2 filed by the company and 8 filed against it; 8 cases are pending. The company has 2 deals on record (1 funding round, 1 rights issue), with disclosed funding of ₹20 Cr; the latest was in March 2018.
Icastx Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0067927). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website icastx.com.
Company details
Recognitions & Rankings of Icastx Technologies
Contact details
Icastx Technologies Private Limited's registered office is in Mumbai, Maharashtra. Its website is icastx.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB – 607 Royal Park Sub Plot A Bldg. M. G. Road, Mumbai, Maharashtra, India – 400067
- IndustryInformation Technology, Cloud Computing & Cloud Services
To see the full contact details of Icastx Technologies 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
Brands
Icastx Technologies operates one associated brand: iCastX. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides delivery platforms and editing services for TV producers. | icastx.com |
Business activity
The main business activity of Icastx Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Icastx Technologies Private Limited, buy the company report.
Financials of Icastx Technologies Private Limited
FY 2021 filings availableIcastx Technologies Private Limited reported revenue of ₹2.41 Cr (down 69% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 40% over three years, including a 69% fall in the latest year. EBITDA rose 31% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | -₹79.88 Lakh | ||||
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| Net Profit (PAT) | -₹2.08 Cr | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | -33.1% | ||||
| Net Profit Margin | -86.3% | ||||
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To see the full financial statements and ratios of Icastx Technologies Private Limited, buy the company report.
Board of directors of Icastx Technologies Private Limited
Icastx Technologies has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dipson Subhash Bothare | Additional Director | 16 Mar 2021 | 5 Years 7 Months | Current |
| Mohd Salim Shaikh Also directs: Sarang Merchandising Private Limited | Director | 11 Apr 2021 | 5 Years 6 Months | Current |
Auditor
Icastx Technologies Private Limited is audited by K S SUBRAHMANYAM & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K S SUBRAHMANYAM & CO | FY 2020 | 017461S |
Shareholding
The shareholding of Icastx Technologies Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Icastx Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Oct 2017 | 100135098 | Others | ₹2 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Icastx Technologies Private Limited has 2 deals on record (1 funding round, 1 rights issue), with disclosed funding of ₹20 Cr; the latest was in March 2018.
Deals on record (1 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2016 | Rights issue | ₹99 Lakh | Investors: an individual |
To see the full deal history of Icastx Technologies Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Icastx Technologies Private Limited has 10 court cases on record: 2 filed by Icastx Technologies, 8 filed against it. 8 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 8 | 7 |
| High courts | 1 | 0 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by Bennet Coleman and Company Ltd | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Summons For Judgement) | Filed against the company by Bennet Coleman and Company Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by Heritage Marble Pvt. Ltd. | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Bennet Coleman and Company Ltd | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Indian Bank Through Its Bank Manager and Anr and 1 other | Pending |
To see the full case history of Icastx Technologies 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 Icastx Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Icastx Technologies Private Limited has 1 active EPFO establishment as of Apr 10, 2024.
GST
Icastx Technologies has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Icastx Technologies Private Limited, buy the company report.
Recent activity
Icastx Technologies Private Limited has 5 board changes on record since 2017: 2 appointments and 3 cessations. The latest: Feroz Mohammad Shaikh ceased to be Director on 11 Apr 2021.
Frequently asked questions
Icastx Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in cloud computing and cloud services, within the information technology industry. It was incorporated on 17 June 2016 (10+ years old) and is registered under CIN U72900MH2016PTC282558.
Icastx Technologies has 2 current directors:
- Dipson Subhash Bothare - Additional Director
- Mohd Salim Shaikh - Director
The latest financial statements of Icastx Technologies on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2017 are in the company report.
No. Icastx Technologies has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Icastx Technologies is U72900MH2016PTC282558. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Icastx Technologies has 10 court cases on record: 2 filed by the company and 8 filed against it. 8 are pending. Most are in the district courts.
Icastx Technologies was incorporated on 17 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Icastx Technologies has 2 deals on record (1 funding round, 1 rights issue), with disclosed funding of ₹20 Cr; the latest was in March 2018.
Feroz Mohammad Shaikh ceased to be Director on 11 Apr 2021. Mohd Salim Shaikh was appointed as Director on 11 Apr 2021. Dipson Subhash Bothare was appointed as Additional Director on 16 Mar 2021. Icastx Technologies has 5 board changes on record in total.
Yes, Icastx Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0067927).

