- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-13-0002964

About Icc Projects Private Limited
Data last updated:
Icc Projects Private Limited is a private limited company based in Gandhidham, Gujarat, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 11 December 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45200GJ2010PTC063221. Its GSTIN is 24AACCI4895E1ZJ (Gujarat).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Naresh Bhimjibhai Hadia (Whole-Time Director) and Praveen Bhimji Hadia (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Office No 6 – 10 Golden Point Plot No 31 Sector 8 Tagore Road, Gandhidham, Gujarat, India – 370201.
As per the financials filed for FY 2023, the company reported a revenue of ₹87.41 Cr, a growth of 59% compared to the previous year. For the same year it recorded a net profit of ₹2.19 Cr (net margin 2.5%) and EBITDA of ₹5.35 Cr (EBITDA margin 6.1%). Revenue has grown at a compounded annual rate (CAGR) of 51% over three years and 21% over five years.
The company has about 327 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: ICC Projects. As per MCA filings, the company has open charges of ₹19.05 Cr and satisfied charges of ₹17 Cr on record. Court records list 6 cases involving the company, including 6 filed against it; 2 cases are pending.
Icc Projects Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-13-0002964). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website iccprojects.com.
Company details
Recognitions & Rankings of Icc Projects
Contact details
Icc Projects Private Limited's registered office is in Gandhidham, Gujarat. Its website is iccprojects.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No 6 – 10 Golden Point Plot No 31 Sector 8 Tagore Road, Gandhidham, Gujarat, India – 370201
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Icc Projects 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
Icc Projects operates one associated brand: ICC Projects. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Construction engineering and project management services in India. | iccprojects.in |
Business activity
The main business activity of Icc Projects is construction. In detail, this covers roads, railways, utility projects.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects |
To see the full business activity and turnover split of Icc Projects Private Limited, buy the company report.
Financials of Icc Projects Private Limited
FY 2024 filings availableIcc Projects Private Limited reported revenue of ₹87.41 Cr (up 59% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 59% growth in the latest year. EBITDA rose 41% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹87.41 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.35 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.19 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.1% | ||||
| Net Profit Margin | 2.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| 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 Icc Projects Private Limited, buy the company report.
Board of directors of Icc Projects Private Limited
Icc Projects has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naresh Bhimjibhai Hadia | Whole-Time Director | 11 Dec 2010 | 15 Years 10 Months | Current |
| Praveen Bhimji Hadia | Whole-Time Director | 11 Dec 2010 | 15 Years 10 Months | Current |
| Ishwar Bhimjibhai Hadia | Whole-Time Director | 11 Dec 2010 | 15 Years 10 Months | Current |
| Naveen Bhimjibhai Hadia | Whole-Time Director | 11 Dec 2010 | 15 Years 10 Months | Current |
Auditor
Icc Projects Private Limited is audited by PANKAJ R. GOSWAMI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PANKAJ R. GOSWAMI & CO. | FY 2023 | 129716W |
Shareholding
The shareholding of Icc Projects Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Icc Projects Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Oct 2025 | 101185843 | Others | ₹19.5 Lakh | Open | |
| 15 Mar 2024 | 100904343 | Others | ₹11.7 Lakh | Open | |
| 15 Mar 2024 | 100904380 | Others | ₹8.3 Lakh | Open | |
| 05 Jan 2022 | 100524091 | Others | ₹19.4 Lakh | Open | |
| 09 Dec 2021 | 100518308 | Others | ₹18.28 Cr | Open |
To see the full charge records of Icc Projects Private Limited, buy the company report.
Total charge records: 21 View all charges
Legal cases
Icc Projects Private Limited has 6 court cases on record: 6 filed against it. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 1 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, kachchh at Bhuj, Gujarat | Criminal complaint | Filed against the company by Chitranjan P Verma Deputy Commissioner of Income Tax | Pending |
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by The Principal Commissioner of Income Tax 1 | Pending |
| District court, kachchh at Bhuj, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
| District court, kachchh at Bhuj, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
| District court, kachchh at Bhuj, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
To see the full case history of Icc Projects 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.
Credit ratings & regulatory alerts
Icc Projects Private Limited was last rated by Brickwork on 25 Jan 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 25 Jan 2022 |
To see the full credit ratings and regulatory alerts of Icc Projects Private Limited, buy the company report.
MSME payment delays
Icc Projects Private Limited has 9 MSME Form 1 returns on record between 2019 and 2024, listing 38 overdue payments to 27 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 27)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Shree Chamunda Stone Crusher | |||
| an individual supplier |
To see the full MSME payment records of Icc Projects Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Icc Projects Private Limited has a workforce of 327 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Icc Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCI4895E1ZJ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Icc Projects Private Limited, buy the company report.
Recent activity
Icc Projects Private Limited has 9 board changes on record since 2010: 4 appointments and 5 cessations. The latest: Bhimji Dayabhai Hadia ceased to be Director on 01 Apr 2016.
38 earlier events are in the company report.
Frequently asked questions
Icc Projects is an active private limited company based in Gandhidham, Gujarat, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 11 December 2010 (16+ years old) and is registered under CIN U45200GJ2010PTC063221.
Icc Projects has 4 current directors:
- Naresh Bhimjibhai Hadia - Whole-Time Director
- Praveen Bhimji Hadia - Whole-Time Director
- Ishwar Bhimjibhai Hadia - Whole-Time Director
- Naveen Bhimjibhai Hadia - Whole-Time Director
The latest financial statements of Icc Projects on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Icc Projects is 24AACCI4895E1ZJ, registered in Gujarat.
The CIN (Corporate Identification Number) of Icc Projects is U45200GJ2010PTC063221. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Icc Projects has 6 court cases on record: 6 filed against it. 2 are pending. Most are in the district courts.
Icc Projects was incorporated on 11 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Bhimji Dayabhai Hadia ceased to be Director on 01 Apr 2016. Ishwar Bhimjibhai Hadia ceased to be Director on 01 Apr 2016. Naresh Bhimjibhai Hadia ceased to be Director on 01 Apr 2016. Icc Projects has 9 board changes on record in total.
Yes, Icc Projects is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-13-0002964).
Icc Projects has 9 MSME Form 1 returns on record between 2019 and 2024, listing 38 overdue payments to 27 micro and small suppliers. The latest return was filed on 03 Jul 2024.
Icc Projects can be reached through the website iccprojects.com. Its registered office is in Gandhidham, Gujarat, India.

