Icex Professional Services Private Limited
About Icex Professional Services Private Limited
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Icex Professional Services Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 04 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2016PTC283224. Its GSTIN is 27AAECI1830R1Z7 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Shashank Suresh Pradhan and Abhay Vasant Arolkar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at A – 302 Devshree Garden Near Rutu Park Majiwade Thane, Maharashtra, India – 400601.
As per the financials filed for FY 2023, the company reported a revenue of ₹9.43 Lakh, a decline of 61% compared to the previous year. For the same year it recorded a net profit of ₹2.87 Lakh (net margin 30.5%) and EBITDA of ₹3.4 Lakh (EBITDA margin 36.1%). Revenue has grown at a compounded annual rate (CAGR) of 79% over three years and 18% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Icex Professional Services Private Limited's registered office is in Thane, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressA – 302 Devshree Garden Near Rutu Park Majiwade Thane, Maharashtra, India – 400601
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Icex Professional Services 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 Icex Professional Services is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| 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 |
To see the full business activity and turnover split of Icex Professional Services Private Limited, buy the company report.
Financials of Icex Professional Services Private Limited
FY 2023 filings availableIcex Professional Services Private Limited reported revenue of ₹9.43 Lakh (down 61% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 61% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA rose 44% 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 |
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| EBITDA | ₹3.4 Lakh | ||||
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| Net Profit (PAT) | ₹2.87 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 36.1% | ||||
| Net Profit Margin | 30.5% | ||||
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To see the full financial statements and ratios of Icex Professional Services Private Limited, buy the company report.
Board of directors of Icex Professional Services Private Limited
Icex Professional Services has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhay Vasant Arolkar | Additional Director | 27 Sep 2023 | 3 Years 0 Months | Current |
| Shashank Suresh Pradhan Also directs: Fundgini.Com Private Limited, Alzante Edutech LLP, Paramountt Real Estate Consultants LLP and 1 more | Director | 04 Jul 2016 | 10 Years 3 Months | Current |
| Madhura Shashank Pradhan | Additional Director | 01 Mar 2021 | 5 Years 7 Months | Current |
| Venkatesh Srinivasan Iyengar Also directs: DXTX India Services LLP, N W Media Private Limited, Next Wave Entertainment Private Limited and 5 more | Additional Director | 01 Mar 2021 | 5 Years 7 Months | Current |
Auditor
Icex Professional Services Private Limited is audited by HEMAL RAMESH SHAH & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HEMAL RAMESH SHAH & ASSOCIATES | FY 2022 | 149172W |
Shareholding
The shareholding of Icex Professional Services Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Icex Professional Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Icex Professional Services 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
No delayed payments to MSME suppliers are on our record for Icex Professional Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Icex Professional Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECI1830R1Z7 | Maharashtra | Active | 09 Jun 2020 |
To see the full GST registrations and return filing status of Icex Professional Services Private Limited, buy the company report.
Recent activity
Icex Professional Services Private Limited has 8 board changes on record since 2016: 4 appointments and 4 cessations. The latest: Abhay Vasant Arolkar was appointed as Additional Director on 27 Sep 2023.
Frequently asked questions
Icex Professional Services is an active private limited company based in Thane, Maharashtra, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 04 July 2016 (10+ years old) and is registered under CIN U74999MH2016PTC283224.
Icex Professional Services has 4 current directors:
- Abhay Vasant Arolkar - Additional Director
- Shashank Suresh Pradhan - Director
- Madhura Shashank Pradhan - Additional Director
- Venkatesh Srinivasan Iyengar - Additional Director
The latest financial statements of Icex Professional Services on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Icex Professional Services is 27AAECI1830R1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Icex Professional Services is U74999MH2016PTC283224. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Icex Professional Services was incorporated on 04 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Abhay Vasant Arolkar was appointed as Additional Director on 27 Sep 2023. Rajesh Mehta ceased to be Additional Director on 03 Mar 2021. Madhura Shashank Pradhan was appointed as Additional Director on 01 Mar 2021. Icex Professional Services has 8 board changes on record in total.
The registered office of Icex Professional Services is at A – 302 Devshree Garden Near Rutu Park Majiwade Thane, Maharashtra, India – 400601.
Icex Professional Services operates in the travel and hospitality industry, in the consumer professional services segment.
The compliance status of Icex Professional Services is compliant as of 29 July 2026. The company is actively filing with the Registrar of Companies.