MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0019818
_PRIVATE_LIMITED.webp)
Ice (Asia) Private Limited - machinery and equipment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2026
₹63.6 Cr
▲ 27% YoY
Net profit · FY 2026
₹84.67 Lakh
Net margin 1.3%
EBITDA · FY 2026
₹3.58 Cr
EBITDA margin 5.6%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹32.34 Lakh
Issued & subscribed
Open charges
₹28.23 Cr
Satisfied ₹2.53 Cr
Company age
30 yrs
Est. 1996
Directors on board
6
As per MCA filings
About Ice (Asia) Private Limited
Data last updated:
Ice (Asia) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 25 January 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74210MH1996PTC096604. Its GSTIN is 27AAACI7419N1Z6 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹32.34 Lakh. It was formerly known as Industrial and Commercial Enterprises (Asia) Private Limited. It is led by directors including Jayant Kedarnath Sule and Jitendra Mohan Sinha.
Its last annual general meeting (AGM) was held on 16 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2026, the company reported a revenue of ₹63.6 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹84.67 Lakh (net margin 1.3%) and EBITDA of ₹3.58 Cr (EBITDA margin 5.6%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 18% over five years.
As per MCA filings, the company has open charges of ₹28.23 Cr and satisfied charges of ₹2.53 Cr on record.
Ice (Asia) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0019818). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website iceasia.in.
Company details
CIN U74210MH1996PTC096604
Registration Number 096604
Incorporation Date 25 January 1996
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 16 September 2026
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0019818
Key People
Jayant Kedarnath Sule Director Jitendra Mohan Sinha Director Jaishree Jitendra Sinha Director Recognitions & Rankings of Ice (Asia)
Contact details
Ice (Asia) Private Limited's registered office is in Mumbai, Maharashtra. Its website is iceasia.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address202 India Printing House, Akshar Mudrak Industrial Units Sahakari Premises Limited 42 G. D. Ambekar Marg Wadala, Mumbai, Maharashtra, India – 400031
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Ice (Asia) Private Limited, buy the company report.
Comprehensive company report
Ice (Asia) Private Limited - one report that includes everything
- 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
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Business activity
The main business activities of Ice (Asia) are professional, scientific and technical and trade. In detail, this covers other professional, scientific and technical activities and retail trading. 2 activity segments are registered with the MCA.
| 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 | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Ice (Asia) Private Limited, buy the company report.
Financials of Ice (Asia) Private Limited
FY 2026 filings availableIce (Asia) Private Limited reported revenue of ₹63.6 Cr (up 27% YoY) for FY 2026.
Revenue · FY 2026
₹63.6 Cr ▲ 27%
Net profit · FY 2026
₹84.67 Lakh margin 1.3%
EBITDA · FY 2026
₹3.58 Cr margin 5.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 27%
3 years · compounded
▲ 21%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▼ 18%
3 years · compounded
▼ 6%
5 years · compounded
▲ 8%
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 27% growth in the latest year. EBITDA fell 18% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.58 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹84.67 Lakh | ||||
| 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.6% | ||||
| Net Profit Margin | 1.3% | ||||
| 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 Ice (Asia) Private Limited, buy the company report.
Board of directors of Ice (Asia) Private Limited
Ice (Asia) has 6 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayant Kedarnath Sule | Director | 21 Aug 2005 | 21 Years 2 Months | Current |
| Jitendra Mohan Sinha | Director | 28 Jan 1996 | 30 Years 9 Months | Current |
| Jaishree Jitendra Sinha | Director | 29 Jan 1996 | 30 Years 9 Months | Current |
| Satyendra Eknath Bhagat | Director | 13 Jan 2009 | 17 Years 9 Months | Current |
| Sanjeev Ramesh Malushte | Additional Director | 01 Sep 2022 | 4 Years 2 Months | Current |
| Uday Sadashiv Deshmukh | Director | 16 May 2025 | 1 Years 5 Months | Current |
Auditor
Ice (Asia) Private Limited is audited by KANODIA CHAUHAN AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KANODIA CHAUHAN AND CO | FY 2023 | 133274W |
Shareholding
The shareholding of Ice (Asia) 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 Ice (Asia) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹28.23 Cr
Satisfied charges
₹2.53 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jul 2026 | 101345931 | Others | ₹52.7 Lakh | Open | |
| 07 Aug 2023 | 100773591 | Others | ₹70 Lakh | Open | |
| 15 Sep 2022 | 100614181 | Others | ₹7 Cr | Open | |
| 27 Oct 2020 | 100423599 | Others | ₹20 Cr | Open | |
| 23 Nov 2021 | 100511854 | Others | ₹25 Lakh | Satisfied |
To see the full charge records of Ice (Asia) Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
No court or tribunal cases involving Ice (Asia) 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
Ice (Asia) Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Ice (Asia) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Ice (Asia) has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACI7419N1Z6 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ice (Asia) Private Limited, buy the company report.
Recent activity
Ice (Asia) Private Limited has 10 board changes on record since 1996: 6 appointments and 4 cessations. The latest: Uday Sadashiv Deshmukh ceased to be Additional Director on 14 Sep 2025.
AGM
Ice (Asia) Private Limited last Annual general meeting of members was held on 16 Sep 2026 as per latest MCA records.
Charges
A charge with Others of Rs. 2,000.00 Lakh registered on 27 Oct 2020 with Charge ID 100423599 was modified on 20 Aug 2026.
Charges
A charge with Others amounted to Rs. 52.70 Lakh with Charge ID 101345931 was registered on 09 Jul 2026.
Filing
Ice (Asia) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
Charges
A charge registered on 23 Nov 2021 via Charge ID 100511854 with Others was fully satisfied on 18 Dec 2025.
Ceased
Uday Sadashiv Deshmukh ceased to be Additional Director.
Appointed
Uday Sadashiv Deshmukh was appointed as Director.
Ceased
Nandkumar Shantaram Sule ceased to be Director.
Charges
A charge registered on 28 Sep 2001 via Charge ID 90160043 with State Bank Of India was fully satisfied on 02 Nov 2023.
Charges
A charge registered on 09 Feb 2000 via Charge ID 90159897 with State Bank Of India was fully satisfied on 02 Nov 2023.
Charges
A charge registered on 16 Nov 1998 via Charge ID 90159755 with State Bank Of India was fully satisfied on 02 Nov 2023.
Charges
A charge with Others amounted to Rs. 70.00 Lakh with Charge ID 100773591 was registered on 07 Aug 2023.
22 earlier events are in the company report.
Frequently asked questions
Ice (Asia) is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 25 January 1996 (30+ years old) and is registered under CIN U74210MH1996PTC096604.
Ice (Asia) has 6 current directors:
- Jayant Kedarnath Sule - Director
- Jitendra Mohan Sinha - Director
- Jaishree Jitendra Sinha - Director
- Satyendra Eknath Bhagat - Director
- Sanjeev Ramesh Malushte - Additional Director
- Uday Sadashiv Deshmukh - Director
The latest financial statements of Ice (Asia) on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 16 September 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Ice (Asia) is 27AAACI7419N1Z6, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Ice (Asia) is U74210MH1996PTC096604. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ice (Asia) was incorporated on 25 January 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
Uday Sadashiv Deshmukh ceased to be Additional Director on 14 Sep 2025. Uday Sadashiv Deshmukh was appointed as Director on 16 May 2025. Nandkumar Shantaram Sule ceased to be Director on 01 Feb 2024. Ice (Asia) has 10 board changes on record in total.
Yes, Ice (Asia) is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0019818).
Ice (Asia) has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 29 Apr 2024.
Ice (Asia) can be reached through the website iceasia.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Ice (Asia) is at 202 India Printing House, Akshar Mudrak Industrial Units Sahakari Premises Limited 42 G. D. Ambekar Marg Wadala, Mumbai, Maharashtra, India – 400031.
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