About Icomet Software Services Private Limited
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Icomet Software Services Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 04 June 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2018PTC310277. Its GSTIN is 27AAECI8972L1ZU (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sandeep Chindhu Nisal and Vaishali Nisal Sandeep.
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 Nashik, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.07 Lakh, a decline of 36% compared to the previous year. For the same year it recorded a net loss of ₹6.69 Lakh (net margin -47.6%) and EBITDA of -₹59,260 (EBITDA margin -4.2%). Revenue has declined at a compounded annual rate (CAGR) of 40% over three years and 17% over five years.
The company is associated with 1 brand: iComet. As per MCA filings, the company has open charges of ₹22 Lakh on record.
For more details, the company can be reached via its website icomettech.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressOffice A – 402 The Hub Plot No.52/53, Parijat Nagar Mahatma Nagar Road, Nashik, Maharashtra, India – 422005
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Icomet Software Services Private Limited
The main business activity of Icomet Software Services is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Icomet Software Services Private Limited FY 2025 filings available
Icomet Software Services Private Limited reported revenue of ₹14.07 Lakh (down 36% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Icomet Software Services Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 36% fall in the latest year. EBITDA fell 109% 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 Icomet Software Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹59,260 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6.69 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 Icomet Software Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -47.6% | •••• | •••• | •••• | •••• |
| 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 Icomet Software Services are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Icomet Software Services Private Limited
Icomet Software Services Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development, Software Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Indsys Software Industries (India) Private Limited | ₹14.13 Lakh (FY 2022) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Fillgap Software Services Private Limited | ₹14.11 Lakh (FY 2025) | •••• | •••• | -10.0% | •••• | Faridabad, Haryana, India |
| Qagalaxy Software Services Private Limited | ₹14.11 Lakh (FY 2022) | •••• | •••• | -73.0% | •••• | New Delhi, Delhi, India |
| Skin Technologies Private Limited | ₹14.09 Lakh (FY 2024) | •••• | •••• | 85.0% | •••• | Kolkata, West Bengal, India |
| Morgat Softwares Private Limited | ₹14.09 Lakh (FY 2023) | •••• | •••• | -20.0% | •••• | Pune, Maharashtra, India |
| Icomet Software Services Private Limited this company | ₹14.07 Lakh (FY 2025) | •••• | •••• | -36.0% | •••• | Nashik, Maharashtra, India |
| Zed-Axis Technologies Private Limited | ₹14.06 Lakh (FY 2025) | •••• | •••• | -37.0% | •••• | New Delhi, Delhi, India |
| Dignity Software Private Limited | ₹14.05 Lakh (FY 2024) | •••• | •••• | -51.0% | •••• | New Delhi, Delhi, India |
| Y&P Engineers Private Limited | ₹14.05 Lakh (FY 2025) | •••• | •••• | -95.0% | •••• | New Delhi, Delhi, India |
| Xarwin Technologies Private Limited | ₹14.05 Lakh (FY 2024) | •••• | •••• | 39.0% | •••• | Chennai, Tamil Nadu, India |
| Spacetime Software & Development Private Limited | ₹14.04 Lakh (FY 2025) | •••• | •••• | 116.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Icomet Software Services by revenue in the Information Technology industry (Application Development, Software Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Icomet Software Services Private Limited
Icomet Software Services Private Limited is audited by R S KADAM & COMPANY for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R S KADAM & COMPANY | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Icomet Software Services Private Limited
Icomet Software Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Chindhu Nisal | Director | 04 Jun 2018 | 8 Years 4 Months | Current |
| Vaishali Nisal Sandeep Also directs: Maharudra Enterprises Private Limited | Director | 04 Jun 2018 | 8 Years 4 Months | Current |
Ownership and Shareholding of Icomet Software Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Icomet Software Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Apr 2022 | Others | ₹22 Lakh | Open |
Total charge records: 1 View all charges
Associated Brands with Icomet Software Services Private Limited
Icomet Software Services operates one associated brand: iComet. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides application development and digital marketing services. | icomettech.com |
Employees and EPFO Compliance at Icomet Software Services Private Limited
Employment history and EPFO contributions of people linked to Icomet Software Services.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Icomet Software Services Private Limited
Icomet Software Services Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Sandeep Chindhu Nisal was appointed as Director on 04 Jun 2018.
Credit Ratings, Litigation & Regulatory Alerts for Icomet Software Services Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Icomet Software Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Icomet Software Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Icomet Software Services Private Limited
Icomet Software Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECI8972L1ZU | Maharashtra | Active | 02 Feb 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Icomet Software Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Icomet Software Services Private Limited
Icomet Software Services is an active private limited company based in Nashik, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 04 June 2018 (8+ years old) and is registered under CIN U72900MH2018PTC310277.
Icomet Software Services reported revenue of ₹14.07 Lakh for FY 2025 (down 36% YoY).
Icomet Software Services has 2 current directors:
- Sandeep Chindhu Nisal - Director
- Vaishali Nisal Sandeep - Director
Icomet Software Services reported a net loss of ₹6.69 Lakh (net margin -47.6%) and EBITDA of -₹59,260 (EBITDA margin -4.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Icomet Software Services is -40% over three years and -17% over five years. In the latest year (FY 2025) revenue fell 36%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Icomet Software Services is 27AAECI8972L1ZU, registered in Maharashtra.
The CIN (Corporate Identification Number) of Icomet Software Services is U72900MH2018PTC310277. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Icomet Software Services was incorporated on 04 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Icomet Software Services by revenue are Indsys Software Industries (India) Private Limited, Fillgap Software Services Private Limited, Qagalaxy Software Services Private Limited, Skin Technologies Private Limited, Morgat Softwares Private Limited and 5 more, all in the Information Technology industry (Application Development, Software Services).
Sandeep Chindhu Nisal was appointed as Director on 04 Jun 2018. Vaishali Nisal Sandeep was appointed as Director on 04 Jun 2018.
Icomet Software Services can be reached through the website icomettech.com. Its registered office is in Nashik, Maharashtra, India.