About Icecube Engineers Private Limited
Data last updated:
Icecube Engineers Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 10 January 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74210GJ2008PTC052626. Its GSTIN is 24AABCI8122P1ZD (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Icenet Engineering Private Limited. It is led by directors Nandini Chiragbhai Mehta and Chirag Sharadbhai Mehta.
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 905 Silicon Tower Off C. G. Road, Ahmedabad, Gujarat, India – 380006.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.26 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹49.8 Lakh (net margin 2.5%) and EBITDA of ₹1.59 Cr (EBITDA margin 7.8%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 25% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹17.77 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website icecubeeng.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address905 Silicon Tower Off C. G. Road, Ahmedabad, Gujarat, India – 380006
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Icecube Engineers Private Limited
The main business activity of Icecube Engineers is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Icecube Engineers Private Limited FY 2025 filings available
Icecube Engineers Private Limited reported revenue of ₹20.26 Cr (down 30% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Icecube Engineers Private Limited
Revenue fell 30% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 25%. EBITDA fell 12% 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 of Icecube Engineers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹1.59 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹49.8 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 of Icecube Engineers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Icecube Engineers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Icecube Engineers Private Limited
Icecube Engineers Private Limited is compared with the companies closest to it by revenue in the Engineering industry (Engineering Procurement and Construction). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Huber Process Control Systems India Private Limited | ₹20.43 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Nelamangala, Karnataka, India |
| 3X Engineering Private Limited | ₹20.39 Cr (FY 2024) | •••• | •••• | -37.0% | •••• | New Delhi, Delhi, India |
| Sowil Limited | ₹20.32 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | Mumbai, Maharashtra, India |
| Weather Controlling Solutions India Private Limited | ₹20.31 Cr (FY 2025) | •••• | •••• | 263.0% | •••• | Pune, Maharashtra, India |
| Greenocare Engineering Private Limited | ₹20.29 Cr (FY 2023) | •••• | •••• | -45.0% | •••• | Chennai, Tamil Nadu, India |
| Icecube Engineers Private Limited this company | ₹20.26 Cr (FY 2025) | •••• | •••• | -30.0% | •••• | Ahmedabad, Gujarat, India |
| S.P.Steel Maritech Private Limited | ₹20.23 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Navi Mumbai, Maharashtra, India |
| Ducon Consultants Private Limited | ₹20.22 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Ahmedabad, Gujarat, India |
| Trafalgar Epc Private Limited | ₹20.22 Cr (FY 2025) | •••• | •••• | -35.0% | •••• | New Delhi, Delhi, India |
| Maventek Industries Private Limited | ₹20.17 Cr (FY 2025) | •••• | •••• | 157.0% | •••• | Cherlapalli, Telangana, India |
| Shoft Industries Private Limited | ₹20.09 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | Thane, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Icecube Engineers by revenue in the Engineering industry (Engineering Procurement and Construction), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Icecube Engineers Private Limited
Icecube Engineers Private Limited is audited by MISTRY & SHAH LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MISTRY & SHAH LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Icecube Engineers Private Limited
Icecube Engineers has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nandini Chiragbhai Mehta Also directs: Icenet Private Limited, Icecraft Creations Private Limited | Director | 10 Jan 2008 | 18 Years 8 Months | Current |
| Chirag Sharadbhai Mehta Also directs: Icenet Private Limited, Icecraft Creations Private Limited | Director | 10 Jan 2008 | 18 Years 8 Months | Current |
Ownership and Shareholding of Icecube Engineers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Icecube Engineers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Feb 2024 | Bank of India | ₹10 Cr | Open |
| 13 Sep 2017 | Indian Overseas Bank | ₹7.77 Cr | Open |
Total charge records: 2 View all charges
MSME Payment Delays by Icecube Engineers Private Limited
Icecube Engineers Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 13 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Community Food Systems & Service India Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Icecube Engineers Private Limited
Icecube Engineers Private Limited has a workforce of 10 employees as of Mar 28, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Icecube Engineers Private Limited
Icecube Engineers Private Limited has 2 board changes on record since 2008: 2 appointments. The latest: Chirag Sharadbhai Mehta was appointed as Director on 10 Jan 2008.
Credit Ratings, Litigation & Regulatory Alerts for Icecube Engineers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Icecube Engineers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Icecube Engineers Private Limited
Icecube Engineers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCI8122P1ZD | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Icecube Engineers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Icecube Engineers Private Limited
Icecube Engineers is an active private limited company based in Ahmedabad, Gujarat, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 10 January 2008 (18+ years old) and is registered under CIN U74210GJ2008PTC052626.
Icecube Engineers reported revenue of ₹20.26 Cr for FY 2025 (down 30% YoY).
Icecube Engineers has 2 current directors:
- Nandini Chiragbhai Mehta - Director
- Chirag Sharadbhai Mehta - Director
Icecube Engineers reported a net profit of ₹49.8 Lakh (net margin 2.5%) and EBITDA of ₹1.59 Cr (EBITDA margin 7.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Icecube Engineers is 4% over three years and 25% over five years. In the latest year (FY 2025) revenue fell 30%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Icecube Engineers is 24AABCI8122P1ZD, registered in Gujarat.
The CIN (Corporate Identification Number) of Icecube Engineers is U74210GJ2008PTC052626. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Icecube Engineers was incorporated on 10 January 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Icecube Engineers by revenue are Huber Process Control Systems India Private Limited, 3X Engineering Private Limited, Sowil Limited, Weather Controlling Solutions India Private Limited, Greenocare Engineering Private Limited and 5 more, all in the Engineering industry (Engineering Procurement and Construction).
Chirag Sharadbhai Mehta was appointed as Director on 10 Jan 2008. Nandini Chiragbhai Mehta was appointed as Director on 10 Jan 2008.
Icecube Engineers has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 13 overdue payments to 4 micro and small suppliers. The latest return was filed on 29 May 2019.
Icecube Engineers can be reached through the website icecubeeng.com. Its registered office is in Ahmedabad, Gujarat, India.