Icgi Advisory Limited
About Icgi Advisory Limited
Data last updated:
Icgi Advisory Limited is a public limited company based in Nashik, Maharashtra, India. It operates in the advisory services segment of the financial services sector. It was incorporated on 22 December 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65999MH2011PLC225305. Its GSTIN is 27AABCF8727F2ZJ (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Fedral Financial Consultants Limited. It is led by directors including Vasant Sitaram Nikam and Sudesh Udhav Nagpure.
Its last annual general meeting (AGM) was held on 10 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at B – 3/4 Krushnakunj Bunglow Ashoka Marg Near Ahoka Tower, Nashik, Maharashtra, India – 422011.
As per the financials filed for FY 2018, the company reported a revenue of ₹4.91 Lakh, a decline of 93% compared to the previous year. For the same year it recorded a net profit of ₹20,395 (net margin 4.2%) and EBITDA of ₹32,372 (EBITDA margin 6.6%). Revenue has declined at a compounded annual rate (CAGR) of 61% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Icgi Advisory Limited's registered office is in Nashik, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – 3/4 Krushnakunj Bunglow Ashoka Marg Near Ahoka Tower, Nashik, Maharashtra, India – 422011
- IndustryFinancial Services, Advisory, Consultancy, Financial Brokerage
To see the full contact details of Icgi Advisory 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 Icgi Advisory is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Icgi Advisory Limited, buy the company report.
Financials of Icgi Advisory Limited
FY 2024 filings availableIcgi Advisory Limited reported revenue of ₹4.91 Lakh (down 93% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 61% over three years, including a 93% fall in the latest year. EBITDA fell 91% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹32,372 | |||
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| Net Profit (PAT) | ₹20,395 | |||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | ||||
| EBITDA Margin | 6.6% | |||
| Net Profit Margin | 4.2% | |||
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To see the full financial statements and ratios of Icgi Advisory Limited, buy the company report.
Board of directors of Icgi Advisory Limited
Icgi Advisory has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudesh Udhav Nagpure Also directs: Icgi Nidhi Limited | Additional Director | 05 Nov 2017 | 8 Years 11 Months | Current |
| Sangita Pravin Nagpure Also directs: Icgi Nidhi Limited | Additional Director | 05 Nov 2017 | 8 Years 11 Months | Current |
| Vasant Sitaram Nikam Also directs: Icgi Nidhi Limited | Director | 22 Dec 2011 | 14 Years 10 Months | Current |
Peer comparison
Icgi Advisory Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Depansu Securities (India) Private Limited | ₹4.95 Lakh (FY 2018) | 12.0% | Hyderabad, Telangana, India | |||
| Harshal Financial Services Private Limited | ₹4.94 Lakh (FY 2016) | 9.0% | Mumbai, Maharashtra, India | |||
| TSW Infotech Limited | ₹4.94 Lakh (FY 2018) | 5.0% | Kolkata, West Bengal, India | |||
| Balance Commodity Derivatives (India) Private Limited | ₹4.92 Lakh (FY 2020) | -84.0% | Mumbai, Maharashtra, India | |||
| VNP Mutual Fund Services Private Limited | ₹4.92 Lakh (FY 2025) | 113.0% | Barshi, Maharashtra, India | |||
| Icgi Advisory Limitedthis company | ₹4.91 Lakh (FY 2018) | ₹20,395 | 4.2% | -93.0% | Nashik, Maharashtra, India | |
| Ratnakar Realty Private Limited | ₹4.91 Lakh (FY 2017) | -8.0% | Ahmedabad, Gujarat, India | |||
| Goldcoin Securities Ltd | ₹4.9 Lakh (FY 2025) | -65.0% | Bhubaneswar, Odisha, India | |||
| MKT Associates Private Limited | ₹4.89 Lakh (FY 2025) | 19.0% | Rourkela, Odisha, India | |||
| Mend and Mint Advisory Services Private Limited | ₹4.89 Lakh (FY 2019) | 11.0% | Kolkata, West Bengal, India | |||
| Dial 2Invest Private Limited | ₹4.89 Lakh (FY 2025) | 20.0% | Delhi, India |
To see the full peer comparison of Icgi Advisory Limited, buy the company report.
Auditor
Icgi Advisory Limited is audited by B D KHAIRNAR for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B D KHAIRNAR | FY 2017 | 107114 |
Shareholding
The shareholding of Icgi Advisory Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Icgi Advisory Limited, buy the company report.
Legal cases
No court or tribunal cases involving Icgi Advisory 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 Icgi Advisory Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Icgi Advisory has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCF8727F2ZJ | Maharashtra | Active | 02 Nov 2017 |
To see the full GST registrations and return filing status of Icgi Advisory Limited, buy the company report.
Recent activity
Icgi Advisory Limited has 5 board changes on record since 2011: 3 appointments and 2 cessations. The latest: Bhagawanta Ambdas Joshi ceased to be Director on 05 Nov 2017.
Frequently asked questions
Icgi Advisory is an active public limited company based in Nashik, Maharashtra, India. The company works in advisory, within the financial services industry. It was incorporated on 22 December 2011 (15+ years old) and is registered under CIN U65999MH2011PLC225305.
Icgi Advisory has 3 current directors:
- Sudesh Udhav Nagpure - Additional Director
- Sangita Pravin Nagpure - Additional Director
- Vasant Sitaram Nikam - Director
The latest financial statements of Icgi Advisory on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 10 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Icgi Advisory is 27AABCF8727F2ZJ, 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 Icgi Advisory is U65999MH2011PLC225305. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Icgi Advisory was incorporated on 22 December 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Icgi Advisory by revenue are Depansu Securities (India) Private Limited, Harshal Financial Services Private Limited, TSW Infotech Limited, Balance Commodity Derivatives (India) Private Limited, VNP Mutual Fund Services Private Limited and 5 more, all in the same principal business activity (financial advisory, brokerage and consultancy services).
Bhagawanta Ambdas Joshi ceased to be Director on 05 Nov 2017. Kalpesh Bhagawanta Joshi ceased to be Director on 05 Nov 2017. Sangita Pravin Nagpure was appointed as Additional Director on 05 Nov 2017. Icgi Advisory has 5 board changes on record in total.
The registered office of Icgi Advisory is at B – 34 Krushnakunj Bunglow Ashoka Marg Near Ahoka Tower, Nashik, Maharashtra, India – 422011.
Icgi Advisory operates in the financial services industry, in the advisory segment.
The compliance status of Icgi Advisory is compliant as of 18 August 2026. The company is actively filing with the Registrar of Companies.