Icicle Technologies Private Limited

Icicle Technologies Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U72900MH2004PTC144940 Incorporated 09 March 2004 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2021
₹1.95 Cr
▼ 22% YoY
Net profit · FY 2021
₹1.48 Lakh
Net margin 0.8%
EBITDA · FY 2021
₹9.32 Lakh
EBITDA margin 4.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹25 Lakh
Secured borrowings
Company age
22 yrs
Est. 2004
Directors on board
4
As per MCA filings

About Icicle Technologies Private Limited

Data last updated:

Icicle Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 09 March 2004 and has been in existence for over 22 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2004PTC144940. The company has 2 GST registrations on record, none of which is active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sanjay Amrutlal Patel and Anjali Chandra Shekhar.

Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Mumbai, Maharashtra.

As per the financials filed for FY 2021, the company reported a revenue of ₹1.95 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹1.48 Lakh (net margin 0.8%) and EBITDA of ₹9.32 Lakh (EBITDA margin 4.8%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 7% over five years.

The company is associated with 1 brand: Icicle Technologies. As per MCA filings, the company has open charges of ₹25 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.

The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website icicletech.com.

Company Details of Icicle Technologies Private Limited
CIN U72900MH2004PTC144940
Registration Number 144940
Incorporation Date 09 March 2004
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Non-Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    Super Studio Ground Floor Super Processors Compound Lalbaug Industrial Estate Lal, Baug, Mumbai, Maharashtra, India – 400012
  • Industry
    Information Technology, IT Consulting & Support Services
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Financials, compliance, directors, charges, ownership and filings for Icicle Technologies Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Icicle Technologies Private Limited

The main business activity of Icicle Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ6Computer programming, consultancy and related activitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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  • Historical classifications
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Financials of Icicle Technologies Private Limited FY 2021 filings available

Icicle Technologies Private Limited reported revenue of ₹1.95 Cr (down 22% YoY) for FY 2021.

Revenue · FY 2021
₹1.95 Cr ▼ 22%
Net profit · FY 2021
₹1.48 Lakh margin 0.8%
EBITDA · FY 2021
₹9.32 Lakh margin 4.8%

Compounded Annual Growth Rate (CAGR) of Icicle Technologies Private Limited

Revenue CAGR growth
1 year
▼ 22%
3 years · compounded
▼ 4%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▼ 20%
3 years · compounded
▼ 9%
5 years · compounded
▼ 17%

Revenue fell 22% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 20% 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 Icicle Technologies Private Limited

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profit and Loss Statement
Revenue from Operations₹1.95 Cr••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue••••••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹9.32 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹1.48 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 Icicle Technologies Private Limited

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin4.8%••••••••••••••••
Net Profit Margin0.8%••••••••••••••••
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 Icicle Technologies are in the company report.

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Financial statements from 2015

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Peer Comparison of Icicle Technologies Private Limited

Icicle Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Revenue, net profit, margin and growth of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Easyway 3E Solutions Private Limited••••••••••••••••-Vadodara, Gujarat, India
Tekmentors Consulting Private Limited••••••••••••••••-Gurugram, Haryana, India
Dabee Technology India Private Limited••••••••••••••••-Bangalore, Karnataka, India
Vincilium Technologies Private Limited••••••••••••••••-New Delhi, Delhi, India
Brainers Infotech Private Limited••••••••••••••••-Rewari, Haryana, India
Icicle Technologies Private Limited this company••••••••••••••••-Mumbai, Maharashtra, India
Jvmarkis Private Limited••••••••••••••••-Hyderabad, Telangana, India
Mobilix Solutions Private Limited••••••••••••••••-Surat City, Gujarat, India
Comprehend IT Solutions Private Limited••••••••••••••••21Coimbatore South, Tamil Nadu, India
Bitsatom Technologies Private Limited••••••••••••••••-Ghaziabad, Uttar Pradesh, India
Sai Murthy Tech Solutions Private Limited••••••••••••••••-Thiruvananthapuram, Kerala, India

Peers are the five companies nearest above and the five nearest below Icicle Technologies by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.

Auditor Details of Icicle Technologies Private Limited

Icicle Technologies Private Limited is audited by NARKAR & ASSOCIATES for the financial year 2021.

NameStatusAppointment DateCessation Date
NARKAR & ASSOCIATESLockedLockedLocked
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Board of Directors of Icicle Technologies Private Limited

Icicle Technologies has 4 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Sanjay Amrutlal PatelDirector09 Mar 200422 Years 6 MonthsCurrent
Anjali Chandra ShekharDirector01 Apr 200521 Years 6 MonthsCurrent
Chandrashekhar LalDirector01 Apr 200521 Years 6 MonthsCurrent
Praveen Wicliff GottumukkalaDirector09 Mar 200422 Years 6 MonthsCurrent

Ownership and Shareholding of Icicle Technologies Private Limited

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Charges & Borrowings of Icicle Technologies Private Limited

Open charges
₹25 Lakh
Satisfied charges
None
Breakdown by lending institutions
Corporation Bank₹0.25 Cr
Latest charge details
DateLenderAmountStatus
20 Mar 2008Corporation Bank₹25 LakhOpen

Total charge records: 1 View all charges

Associated Brands with Icicle Technologies Private Limited

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

BrandDescriptionWebsite
Custom software solutions are provided by Icicle Technologies.icicletech.com

Employees and EPFO Compliance at Icicle Technologies Private Limited

Employment history and EPFO contributions of people linked to Icicle Technologies.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Icicle Technologies Private Limited

Icicle Technologies Private Limited has 4 board changes on record since 2004: 4 appointments. The latest: Anjali Chandra Shekhar was appointed as Director on 01 Apr 2005.

AGM
Icicle Technologies Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Icicle Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai.
Charges
A charge with Corporation Bank amounted to Rs. 25.00 Lakh with Charge ID 10096588 was registered on 20 Mar 2008.
Appointed
Anjali Chandra Shekhar was appointed as Director.
Appointed
Chandrashekhar Lal was appointed as Director.
Appointed
Praveen Wicliff Gottumukkala was appointed as Director.
Appointed
Sanjay Amrutlal Patel was appointed as Director.
Incorporation
09 Mar 2004
Icicle Technologies Private Limited was registered on 09 Mar 2004 with Roc Mumbai & aged 22 years 7 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Icicle Technologies Private Limited

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MSME Payment Delays by Icicle Technologies Private Limited

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Subsidiaries & Group Companies of Icicle Technologies Private Limited

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GST Compliance of Icicle Technologies Private Limited

Icicle Technologies has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
2
Cancelled / inactive
2
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MCA Filings & Documents of Icicle Technologies Private Limited

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Frequently Asked Questions about Icicle Technologies Private Limited

Icicle Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 09 March 2004 (22+ years old) and is registered under CIN U72900MH2004PTC144940.

Icicle Technologies reported revenue of ₹1.95 Cr for FY 2021 (down 22% YoY).

Icicle Technologies has 4 current directors:

Icicle Technologies reported a net profit of ₹1.48 Lakh (net margin 0.8%) and EBITDA of ₹9.32 Lakh (EBITDA margin 4.8%) for FY 2021, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Icicle Technologies is -4% over three years and 7% over five years. In the latest year (FY 2021) revenue fell 22%. CAGR is the steady yearly rate that links the first and the last year.

No. Icicle Technologies has 2 GST registrations on record and all of them are cancelled or inactive.

The CIN (Corporate Identification Number) of Icicle Technologies is U72900MH2004PTC144940. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Icicle Technologies has 1 court case on record: 1 filed against it.

Icicle Technologies was incorporated on 09 March 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Icicle Technologies by revenue are Easyway 3E Solutions Private Limited, Tekmentors Consulting Private Limited, Dabee Technology India Private Limited, Vincilium Technologies Private Limited, Brainers Infotech Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).

Anjali Chandra Shekhar was appointed as Director on 01 Apr 2005. Chandrashekhar Lal was appointed as Director on 01 Apr 2005. Praveen Wicliff Gottumukkala was appointed as Director on 09 Mar 2004. Icicle Technologies has 4 board changes on record in total.

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