Icenet Private Limited - software in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U72200GJ1998PTC034122 Incorporated 19 May 1998 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company software
Data last updated
Authorised capital
₹9.61 Cr
Registered with MCA
Paid-up capital
₹78.34 Lakh
Issued & subscribed
Satisfied charges
₹1 Cr
No open charges
Company age
28 yrs
Est. 1998
Directors on board
2
As per MCA filings
GST registrations
1
None active
Brands
1
Associated brands
Last financials
Mar 2025
Balance sheet date

About Icenet Private Limited

Data last updated:

Icenet Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the software development and IT solutions segment of the software and technology sector. It was incorporated on 19 May 1998 and has been in existence for over 28 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ1998PTC034122. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹9.61 Cr and a paid-up capital of ₹78.34 Lakh. It was formerly known as Icenet. Net Private Limited. It is led by directors Chirag Sharadbhai Mehta (Managing Director) and Nandini Chiragbhai 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 15 Arjav Society Opp. Fun Republic Satellite Road Satellite, Ahmedabad, Gujarat, India – 380015.

The company is associated with 1 brand: IceNet Technologies. As per MCA filings, the company has satisfied charges of ₹1 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending. The company has 2 deals on record (1 funding round, 1 acquisition), with disclosed funding of ₹4 Cr; the latest was in May 2007.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website icenet.net.

Company details

CIN U72200GJ1998PTC034122
Registration Number 034122
Incorporation Date 19 May 1998
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

CIN history

Icenet has one previous CIN (Corporate Identification Number): U72200GJ1998PLC034122. The current CIN is U72200GJ1998PTC034122, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U72200GJ1998PTC034122Current
U72200GJ1998PLC034122Previous

Contact details

Icenet Private Limited's registered office is in Ahmedabad, Gujarat. Its website is icenet.net. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Registered Address
    15 Arjav Society Opp. Fun Republic Satellite Road Satellite, Ahmedabad, Gujarat, India – 380015
  • Industry
    Software, Software Development, Software Publishing

To see the full contact details of Icenet Private Limited, buy the company report.

Comprehensive company report
Icenet 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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Brands

Icenet operates one associated brand: IceNet Technologies. Each brand links to its own profile.

BrandDescriptionWebsite
Outsourced tech support is provided for IT infrastructure remotely.icenet.net

Financials of Icenet Private Limited

FY 2025 filings available

Financial Statement Summary

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
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
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Profit Before Tax
Tax Expense
Net Profit (PAT)
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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin
Net Profit Margin
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 Icenet Private Limited, buy the company report.

Board of directors of Icenet Private Limited

Icenet has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Nandini Chiragbhai MehtaDirector17 Jan 200818 Years 9 MonthsCurrent
Chirag Sharadbhai MehtaManaging Director19 May 199828 Years 5 MonthsCurrent

Auditor

Icenet Private Limited is audited by Samir M Shah and Associates for the financial year 2022.

Auditor firmFinancial yearFirm registration number
Samir M Shah and AssociatesFY 2022122377W

Shareholding

The shareholding of Icenet Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Icenet Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹1 Cr
Breakdown by lending institutions
Indian Overseas Bank₹1.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
20 Sep 200390105276Indian Overseas Bank₹1 CrSatisfied

To see the full charge records of Icenet Private Limited, buy the company report.

Total charge records: 1 View all charges

Deals & funding

Icenet Private Limited has 2 deals on record (1 funding round, 1 acquisition), with disclosed funding of ₹4 Cr; the latest was in May 2007.

Total deals
2
Funding round
1
Acquisition
1
Disclosed funding
₹4 Cr

Deals on record (2 of 2)

WhenDealAmountParties
May 2007AcquisitionUndisclosedBuyer: You Broadband India Limited
Seller: Elecmech Group, Eclipse Micro Computer Inc., GVFL
Jan 2001Funding round₹4 CrInvestors: GVFL

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Icenet Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Icenet has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Icenet Private Limited, buy the company report.

Recent activity

Icenet Private Limited has 7 board changes on record since 1998: 2 appointments and 5 cessations. The latest: Nandini Chiragbhai Mehta ceased to be Additional Director on 30 Sep 2008.

AGM
Icenet Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Icenet Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Nandini Chiragbhai Mehta ceased to be Additional Director.
Ceased
Hemal Madhubhai Patel ceased to be Director.
Appointed
Nandini Chiragbhai Mehta was appointed as Director.
Charges
A charge registered on 20 Sep 2003 via Charge ID 90105276 with Indian Overseas Bank was fully satisfied on 06 Dec 2007.
Ceased
Benjamin Pabio Casado ceased to be Director.
Ceased
Pradip Madhukant Mehta ceased to be Director.
Ceased
Shailesh Bhanubhai Patel ceased to be Director.
Charges
A charge with Indian Overseas Bank of Rs. 1.00 Cr registered on 20 Sep 2003 with Charge ID 90105276 was modified on 11 Jul 2005.
Charges
A charge with Indian Overseas Bank amounted to Rs. 1.00 Cr with Charge ID 90105276 was registered on 20 Sep 2003.
Appointed
Chirag Sharadbhai Mehta was appointed as Managing Director.

1 earlier event is in the company report.

Frequently asked questions

Icenet is an active private limited company based in Ahmedabad, Gujarat, India. The company works in software development, within the software industry. It was incorporated on 19 May 1998 (28+ years old) and is registered under CIN U72200GJ1998PTC034122.

Icenet has 2 current directors:

The latest financial statements of Icenet on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

No. Icenet has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Icenet is U72200GJ1998PTC034122. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Icenet has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.

Icenet was incorporated on 19 May 1998, making it 28+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Icenet has 2 deals on record (1 funding round, 1 acquisition), with disclosed funding of ₹4 Cr; the latest was in May 2007.

Nandini Chiragbhai Mehta ceased to be Additional Director on 30 Sep 2008. Hemal Madhubhai Patel ceased to be Director on 01 Apr 2008. Nandini Chiragbhai Mehta was appointed as Director on 17 Jan 2008. Icenet has 7 board changes on record in total.

Icenet can be reached through the website icenet.net. Its registered office is in Ahmedabad, Gujarat, India.