
Icon Biologicals Private Limited
About Icon Biologicals Private Limited
Data last updated:
Icon Biologicals Private Limited is a private limited company based in Vijayawada, Andhra Pradesh, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 29 May 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U24239AP2002PTC039033. Its GSTIN is 37AABCI1365A1Z2 (Andhra Pradesh).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹26 Lakh. It is led by directors Venkatasivasankar Kumar Bolisetty (Managing Director) and Sridevi Bolisetty.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at #23 – 8 – 1/A Seshadri Street Satyanarayana Puram, Vijayawada, Andhra Pradesh, India – 520011.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.94 Cr, a growth of 129% compared to the previous year. For the same year it recorded a net profit of ₹21.76 Lakh (net margin 2%) and EBITDA of ₹35.65 Lakh (EBITDA margin 3.3%). Revenue has grown at a compounded annual rate (CAGR) of 14% over five years.
As per MCA filings, the company has open charges of ₹1.13 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered Address#23 – 8 – 1/A Seshadri Street Satyanarayana Puram, Vijayawada, Andhra Pradesh, India – 520011
- IndustryPharma, Pharmaceutical Retailers & Distributors
- 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 Icon Biologicals Private Limited
The main business activity of Icon Biologicals is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Icon Biologicals Private Limited FY 2024 filings available
Icon Biologicals Private Limited reported revenue of ₹10.94 Cr (up 129% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Icon Biologicals Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 129% growth in the latest year. EBITDA rose 105% 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 Icon Biologicals Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹35.65 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹21.76 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 Icon Biologicals Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2% | •••• | •••• | •••• | •••• |
| 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 Icon Biologicals are in the company report.
Financial statements from 2015
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 Icon Biologicals Private Limited
Icon Biologicals Private Limited is compared with the companies closest to it by revenue in the Pharma industry (Pharma Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Healux International Private Limited | ₹10.96 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | Bangalore, Karnataka, India |
| Kathuria Medical Agencies Private Limited | ₹10.96 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Punjab, India |
| Forman Medics Private Limited | ₹10.96 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Ahmedabad, Gujarat, India |
| SKP Global Medicines Private Limited | ₹10.96 Cr (FY 2024) | •••• | •••• | 1829.0% | •••• | Pune, Maharashtra, India |
| Vilco Laboratories Pvt Ltd | ₹10.95 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Mumbai, Maharashtra, India |
| Icon Biologicals Private Limited this company | ₹10.94 Cr (FY 2024) | •••• | •••• | 129.0% | •••• | Vijayawada, Andhra Pradesh, India |
| Hibiscus Pharmaceuticals Private Limited | ₹10.93 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Chennai, Tamil Nadu, India |
| Rabindra Lifeline Private Limited | ₹10.91 Cr (FY 2024) | •••• | •••• | -15.0% | •••• | Bhubaneswar, Odisha, India |
| Puresynth Research Chemicals Private Limited | ₹10.89 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Thane, Maharashtra, India |
| 9M Pharmalogic Private Limited | ₹10.87 Cr (FY 2024) | •••• | •••• | -30.0% | •••• | Pune, Maharashtra, India |
| Mind Plus Healthcare Private Limited | ₹10.86 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Ludhiana, Punjab, India |
Peers are the five companies nearest above and the five nearest below Icon Biologicals by revenue in the Pharma industry (Pharma Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Icon Biologicals Private Limited
Icon Biologicals has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkatasivasankar Kumar Bolisetty | Managing Director | 29 May 2002 | 24 Years 4 Months | Current |
| Sridevi Bolisetty | Director | 01 Apr 2005 | 21 Years 6 Months | Current |
Ownership and Shareholding of Icon Biologicals 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 Icon Biologicals Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Nov 2011 | Indian Bank | ₹1.13 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Icon Biologicals Private Limited
Icon Biologicals Private Limited has 4 court cases on record: 4 filed by Icon Biologicals. 1 case is pending and 3 are disposed. Status as checked between 02 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 1 |
| District courts | 2 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Andhra Pradesh | Writ petition | Filed by the company against State of Andhra Pradesh | Pending |
| High Court of Andhra Pradesh | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, Krishna, Andhra Pradesh | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, Krishna, Andhra Pradesh | Criminal complaint | Filed by the company against an individual | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Icon Biologicals Private Limited
Employment history and EPFO contributions of people linked to Icon Biologicals.
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 Icon Biologicals Private Limited
Icon Biologicals Private Limited has 2 board changes on record since 2002: 2 appointments. The latest: Sridevi Bolisetty was appointed as Director on 01 Apr 2005.
Credit Ratings, Litigation & Regulatory Alerts for Icon Biologicals 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 Icon Biologicals 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 Icon Biologicals 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 Icon Biologicals Private Limited
Icon Biologicals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AABCI1365A1Z2 | Andhra Pradesh | Active | 01 Jul 2017 |
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 Icon Biologicals 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 Icon Biologicals Private Limited
Icon Biologicals is an active private limited company based in Vijayawada, Andhra Pradesh, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 29 May 2002 (24+ years old) and is registered under CIN U24239AP2002PTC039033.
Icon Biologicals reported revenue of ₹10.94 Cr for FY 2024 (up 129% YoY).
Icon Biologicals has 2 current directors:
- Venkatasivasankar Kumar Bolisetty - Managing Director
- Sridevi Bolisetty - Director
Icon Biologicals reported a net profit of ₹21.76 Lakh (net margin 2%) and EBITDA of ₹35.65 Lakh (EBITDA margin 3.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Icon Biologicals is 14% over five years. In the latest year (FY 2024) revenue rose 129%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Icon Biologicals is 37AABCI1365A1Z2, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Icon Biologicals is U24239AP2002PTC039033. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Icon Biologicals has 4 court cases on record: 4 filed by the company. 1 is pending. Most are in the high courts.
Icon Biologicals was incorporated on 29 May 2002, making it 24+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Icon Biologicals by revenue are Healux International Private Limited, Kathuria Medical Agencies Private Limited, Forman Medics Private Limited, SKP Global Medicines Private Limited, Vilco Laboratories Pvt Ltd and 5 more, all in the Pharma industry (Pharma Retail and Distribution).
Sridevi Bolisetty was appointed as Director on 01 Apr 2005. Venkatasivasankar Kumar Bolisetty was appointed as Managing Director on 29 May 2002.