- Category
- Micro (2024-25)
- Udyam number
- UDYAM-DL-06-0021860

About Icemax Universal Private Limited
Data last updated:
Icemax Universal Private Limited is a private limited company based in Delhi, India, a subsidiary of Paras Lubricants Limited. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 31 December 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74900DL2010PTC212020. Its GSTIN is 07AAFCP8400K2ZA (Delhi). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹11 Lakh. It was formerly known as Palco Infrastructures Private Limited. It is led by directors including Sushant Kumar Bansal and Raghav Bansal.
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 311 – 312 Manglam Paradise Plot No. 8 Manglam Place Sector – 3 Rohini, Delhi, India – 110085.
As per the financials filed for FY 2025, the company reported a revenue of ₹87.56 Lakh, a decline of 28% compared to the previous year. For the same year it recorded a net profit of ₹5.31 Lakh (net margin 6.1%) and EBITDA of ₹6.46 Lakh (EBITDA margin 7.4%). Revenue has declined at a compounded annual rate (CAGR) of 45% over three years and 11% over five years.
Icemax Universal Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-06-0021860). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website palco.co.in.
Company details
CIN history
Icemax Universal has one previous CIN (Corporate Identification Number): U45400DL2010PTC212020. The current CIN is U74900DL2010PTC212020, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74900DL2010PTC212020 | Current |
| U45400DL2010PTC212020 | Previous |
Recognitions & Rankings of Icemax Universal
Contact details
Icemax Universal Private Limited's registered office is in Delhi, Delhi. Its website is palco.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address311 – 312 Manglam Paradise Plot No. 8 Manglam Place Sector – 3 Rohini, Delhi, India – 110085
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Icemax Universal 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 Icemax Universal is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Icemax Universal Private Limited, buy the company report.
Financials of Icemax Universal Private Limited
FY 2024 filings availableIcemax Universal Private Limited reported revenue of ₹87.56 Lakh (down 28% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 28% fall in the latest year. EBITDA rose 385% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹6.46 Lakh | ||||
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| Net Profit (PAT) | ₹5.31 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 7.4% | ||||
| Net Profit Margin | 6.1% | ||||
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To see the full financial statements and ratios of Icemax Universal Private Limited, buy the company report.
Board of directors of Icemax Universal Private Limited
Icemax Universal has 4 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sushant Kumar Bansal Also directs: Palco Associates LLP, Paras Lubricants Limited | Director | 27 May 2023 | 3 Years 4 Months | Current |
| Raghav Bansal Also directs: Palco Associates LLP, Paras Lubricants Limited, Paras Petro Products Private Limited and 1 more | Director | 27 May 2023 | 3 Years 4 Months | Current |
| Manish Goyal | Director | 27 May 2023 | 3 Years 4 Months | Current |
| Subhash Agarwal | Director | 27 May 2023 | 3 Years 4 Months | Current |
Auditor
Icemax Universal Private Limited is audited by P V R N & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P V R N & Co. | FY 2023 | 004062N |
Shareholding
The shareholding of Icemax Universal 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 Icemax Universal Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Icemax Universal 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
Icemax Universal Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, 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 |
|---|---|---|---|
| Paras Lubricants Limited |
To see the full MSME payment records of Icemax Universal Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Icemax Universal has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAFCP8400K2ZA | Delhi | Active | 01 Jul 2017 |
| 26AAFCP8400K1ZB | Daman & Diu | Active | 07 Jun 2023 |
| 27AAFCP8400K1Z9 | Maharashtra | Active | 01 Nov 2024 |
To see the full GST registrations and return filing status of Icemax Universal Private Limited, buy the company report.
Recent activity
Icemax Universal Private Limited has 15 board changes on record since 2016: 4 appointments and 11 cessations. The latest: Manish Goyal ceased to be Additional Director on 29 Sep 2023.
6 earlier events are in the company report.
Frequently asked questions
Icemax Universal is an active private limited company based in Delhi, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 31 December 2010 (16+ years old) and is registered under CIN U74900DL2010PTC212020.
Icemax Universal has 4 current directors:
- Sushant Kumar Bansal - Director
- Raghav Bansal - Director
- Manish Goyal - Director
- Subhash Agarwal - Director
The latest financial statements of Icemax Universal 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 Icemax Universal is 07AAFCP8400K2ZA, registered in Delhi. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 26AAFCP8400K1ZB (Daman & Diu), 27AAFCP8400K1Z9 (Maharashtra).
The CIN (Corporate Identification Number) of Icemax Universal is U74900DL2010PTC212020. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Icemax Universal was incorporated on 31 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Delhi.
Manish Goyal ceased to be Additional Director on 29 Sep 2023. Raghav Bansal ceased to be Additional Director on 29 Sep 2023. Sakshi Aggarwal ceased to be Director on 01 Jun 2023. Icemax Universal has 15 board changes on record in total.
Yes, Icemax Universal is registered as a micro enterprise under Udyam registration (number: UDYAM-DL-06-0021860).
Icemax Universal has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 13 Jun 2019.
Icemax Universal can be reached through the website palco.co.in. Its registered office is in Delhi, India.
The registered office of Icemax Universal is at 311 – 312 Manglam Paradise Plot No. 8 Manglam Place Sector – 3 Rohini, Delhi, India – 110085.