Icon Advisory Services Private Limited
About Icon Advisory Services Private Limited
Data last updated:
Icon Advisory Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the bfsi segment of the financial services sector. It was incorporated on 28 February 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH1997PTC106225.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rajesh Devraj Mehra and Anuradha Rajesh Mehra.
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 A – 703 Mary Ellen Apartments Off Seaser Road Amboli Andheri (West), Mumbai, Maharashtra, India – 400058.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.61 Lakh, a growth of 1% compared to the previous year. For the same year it recorded a net loss of ₹54.73 Lakh and EBITDA of -₹54.73 Lakh. Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 29% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Icon Advisory Services Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 703 Mary Ellen Apartments Off Seaser Road Amboli Andheri (West), Mumbai, Maharashtra, India – 400058
- IndustryFinancial Services, Bfsi, Commercial Banks
To see the full contact details of Icon Advisory 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 Icon Advisory Services is financial and insurance service. In detail, this covers banking activities by central, commercial and saving banks.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K1 | Banking activities by Central, Commercial and Saving banks |
Financials of Icon Advisory Services Private Limited
FY 2025 filings availableIcon Advisory Services Private Limited reported revenue of ₹9.61 Lakh (up 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 1% growth in the latest year. EBITDA fell 976% 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 | -₹54.73 Lakh | ||||
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| Net Profit (PAT) | -₹54.73 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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To see the full financial statements and ratios of Icon Advisory Services Private Limited, buy the company report.
Board of directors of Icon Advisory Services Private Limited
Icon Advisory Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Devraj Mehra Also directs: Sparc Integrated Solutions LLP, Baruki Socks and Hosiery Private Limited, Richmonks Algotech Private Limited and 1 more | Director | 28 Feb 1997 | 29 Years 7 Months | Current |
| Anuradha Rajesh Mehra | Director | 28 Feb 1997 | 29 Years 7 Months | Current |
Peer comparison
Icon Advisory Services Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (banking activities by central, commercial and saving banks), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bharath Fincorp Private Limited | ₹10.2 Lakh (FY 2025) | 265.0% | Mumbai, Maharashtra, India | |||
| Violet Chit Fund Private Ltd | ₹10.07 Lakh (FY 2025) | 67.0% | Delhi, India | |||
| Endiya Trustee Private Limited | ₹10.02 Lakh (FY 2025) | 0.0% | Hyderabad, Telangana, India | |||
| Sangna Investment Private Limited | ₹9.93 Lakh (FY 2024) | Surat, Gujarat, India | ||||
| Techspace India Private Limited | ₹9.85 Lakh (FY 2025) | -8.0% | Delhi, India | |||
| Icon Advisory Services Private Limitedthis company | ₹9.61 Lakh (FY 2024) | -₹54.73 Lakh | 1.0% | Mumbai, Maharashtra, India | ||
| Taxhelp Financial Services Private Limited | ₹9.36 Lakh (FY 2025) | -9.0% | Meerut, Uttar Pradesh, India | |||
| KBF Nidhi Limited | ₹9.26 Lakh (FY 2023) | -31.0% | Eastsside)Karur639001, Tamil Nadu, India | |||
| Khereshwar Chits Funds Private Limited | ₹9.24 Lakh (FY 2024) | 125.0% | Kanpur Nagar, Uttar Pradesh, India | |||
| Viksit Tie-Up Private Limited | ₹9.01 Lakh (FY 2025) | 3.0% | Kolkata, West Bengal, India | |||
| Sahara Infrastructure and Housing Limited | ₹8.89 Lakh (FY 2023) | -65.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Icon Advisory Services Private Limited, buy the company report.
Auditor
Icon Advisory Services Private Limited is audited by MITESH MEHTA & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MITESH MEHTA & ASSOCIATES | FY 2017 | 041518 |
Shareholding
The shareholding of Icon Advisory Services Private 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 Icon Advisory Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Icon Advisory 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 Icon Advisory Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Icon Advisory Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Icon Advisory Services Private Limited has 2 board changes on record since 1997: 2 appointments. The latest: Anuradha Rajesh Mehra was appointed as Director on 28 Feb 1997.
Frequently asked questions
Icon Advisory Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in bfsi, within the financial services industry. It was incorporated on 28 February 1997 (29+ years old) and is registered under CIN U74140MH1997PTC106225.
Icon Advisory Services has 2 current directors:
- Rajesh Devraj Mehra - Director
- Anuradha Rajesh Mehra - Director
The latest financial statements of Icon Advisory Services 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 CIN (Corporate Identification Number) of Icon Advisory Services is U74140MH1997PTC106225. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Icon Advisory Services was incorporated on 28 February 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Icon Advisory Services by revenue are Bharath Fincorp Private Limited, Violet Chit Fund Private Ltd, Endiya Trustee Private Limited, Sangna Investment Private Limited, Techspace India Private Limited and 5 more, all in the same principal business activity (banking activities by central, commercial and saving banks).
Anuradha Rajesh Mehra was appointed as Director on 28 Feb 1997. Rajesh Devraj Mehra was appointed as Director on 28 Feb 1997.
The registered office of Icon Advisory Services is at A – 703 Mary Ellen Apartments Off Seaser Road Amboli Andheri West, Mumbai, Maharashtra, India – 400058.
Icon Advisory Services operates in the financial services industry, in the bfsi segment.
The compliance status of Icon Advisory Services is compliant as of 09 July 2026. The company is actively filing with the Registrar of Companies.
Icon Advisory Services can be reached at its registered office: A – 703 Mary Ellen Apartments Off Seaser Road Amboli Andheri West, Mumbai, Maharashtra, India – 400058.