About I Code Technologies Private Limited
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I Code Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 05 February 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2007PTC041664. Its GSTIN is 29AABCI6379L2ZV (Karnataka). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Peer Mohamed Abdul Hameed (Managing Director) and Rajesh Kumar Soundararaj.
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 23/7 1st Cross Near Csi Compount Lalbagh Road, Bangalore, Karnataka, India – 560027.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.35 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹13.58 Lakh (net margin 5.8%) and EBITDA of ₹26.26 Lakh (EBITDA margin 11.2%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 14% over five years.
The company is associated with 2 brands: I Code Technologies and Cargo Net. Court records list 3 cases involving the company, including 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website icodetech.com.
Company details
Contact details
I Code Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is icodetech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address23/7 1st Cross Near Csi Compount Lalbagh Road, Bangalore, Karnataka, India – 560027
- IndustryInformation Technology, Application Development & Software Solutions, IT Consulting & Support Services
To see the full contact details of I Code Technologies 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
Brands
I Code Technologies operates two associated brands: I Code Technologies and Cargo Net. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides ERP software for supply chain management and web development services. | icodetech.com | |
| ERP software for freight forwarding, cargo tracking, and logistics operations. | gocargonet.com |
Business activity
The main business activity of I Code Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of I Code Technologies Private Limited, buy the company report.
Financials of I Code Technologies Private Limited
FY 2025 filings availableI Code Technologies Private Limited reported revenue of ₹2.35 Cr (down 7% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA fell 16% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹26.26 Lakh | ||||
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| Net Profit (PAT) | ₹13.58 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 11.2% | ||||
| Net Profit Margin | 5.8% | ||||
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To see the full financial statements and ratios of I Code Technologies Private Limited, buy the company report.
Board of directors of I Code Technologies Private Limited
I Code Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Peer Mohamed Abdul Hameed | Managing Director | 05 Feb 2007 | 19 Years 9 Months | Current |
| Rajesh Kumar Soundararaj | Director | 05 Feb 2007 | 19 Years 9 Months | Current |
Auditor
I Code Technologies Private Limited is audited by SREEJA AND ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SREEJA AND ASSOCIATES | FY 2022 | 011727S |
Shareholding
The shareholding of I Code Technologies 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 category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of I Code Technologies Private Limited, buy the company report.
Legal cases
I Code Technologies Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Interim or miscellaneous application | Filed against the company by Fusion India Project Management Private Ltd., and 2 others | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by W.S.C.Fusion Holding LLC and Others | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by WSC Fusion Holding LLC and 2 others | Disposed |
To see the full case history of I Code Technologies Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for I Code Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
I Code Technologies has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCI6379L2ZV | Karnataka | Active | 01 Jul 2017 |
| 33AABCI6379L1Z7 | Tamil Nadu | Active | 01 Nov 2017 |
To see the full GST registrations and return filing status of I Code Technologies Private Limited, buy the company report.
Recent activity
I Code Technologies Private Limited has 3 board changes on record since 2007: 2 appointments and 1 cessation. The latest: Bhaskar Lakshmiah Govindraj ceased to be Director on 19 Dec 2018.
Frequently asked questions
I Code Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 05 February 2007 (19+ years old) and is registered under CIN U72200KA2007PTC041664.
I Code Technologies has 2 current directors:
- Peer Mohamed Abdul Hameed - Managing Director
- Rajesh Kumar Soundararaj - Director
The latest financial statements of I Code Technologies 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.
The GSTIN of I Code Technologies is 29AABCI6379L2ZV, registered in Karnataka. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 33AABCI6379L1Z7 (Tamil Nadu).
The CIN (Corporate Identification Number) of I Code Technologies is U72200KA2007PTC041664. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
I Code Technologies has 3 court cases on record: 3 filed against it.
I Code Technologies was incorporated on 05 February 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Bhaskar Lakshmiah Govindraj ceased to be Director on 19 Dec 2018. Peer Mohamed Abdul Hameed was appointed as Managing Director on 05 Feb 2007. Rajesh Kumar Soundararaj was appointed as Director on 05 Feb 2007.
I Code Technologies can be reached through the website icodetech.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of I Code Technologies is at 237 1st Cross Near Csi Compount Lalbagh Road, Bangalore, Karnataka, India – 560027.
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