MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0058605
Icon Design Automation Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹21.25 Cr
▲ 146% YoY
Net profit · FY 2025
₹76.36 Lakh
Net margin 3.6%
EBITDA · FY 2025
₹1.93 Cr
EBITDA margin 9.1%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.5 Cr
Issued & subscribed
Open charges
₹15.14 Cr
Satisfied ₹5.33 Cr
Company age
29 yrs
Est. 1997
Employees · EPFO
17
Provident fund records
About Icon Design Automation Private Limited
Data last updated:
Icon Design Automation Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 11 April 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U30009KA1997PTC022104. Its GSTIN is 29AAACI3838F1ZK (Karnataka).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors including Varalakshmi Ramachandra (Managing Director) and Ramachandra Swamynathanmudaliar (Whole-Time Director).
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹21.25 Cr, a growth of 146% compared to the previous year. For the same year it recorded a net profit of ₹76.36 Lakh (net margin 3.6%) and EBITDA of ₹1.93 Cr (EBITDA margin 9.1%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 12% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: ICON Design Automation. As per MCA filings, the company has open charges of ₹15.14 Cr and satisfied charges of ₹5.33 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
Icon Design Automation Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0058605). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website icon-dapl.com.
Company details
CIN U30009KA1997PTC022104
Registration Number 022104
Incorporation Date 11 April 1997
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0058605
Key People
Varalakshmi Ramachandra Managing Director Ramachandra Swamynathanmudaliar Whole-Time Director Arun Rama Chandra Whole-Time Director Recognitions & Rankings of Icon Design Automation
Contact details
Icon Design Automation Private Limited's registered office is in Bangalore, Karnataka. Its website is icon-dapl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address#510 7th Cross 10th Main Hal III Stage Jeevan Bhima Na, Gar, Bangalore, Karnataka, India – 560075
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Icon Design Automation Private Limited, buy the company report.
Comprehensive company report
Icon Design Automation Private Limited - one report that includes everything
- 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
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Brands
Icon Design Automation operates one associated brand: ICON Design Automation. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Technology transfer and design automation in the space sector. | icon-dapl.com |
Business activity
The main business activities of Icon Design Automation are professional, scientific and technical and manufacturing. In detail, this covers other professional, scientific and technical activities and computer, electronic, communication and scientific measuring & control equipment. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | |
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Icon Design Automation Private Limited, buy the company report.
Financials of Icon Design Automation Private Limited
FY 2025 filings availableIcon Design Automation Private Limited reported revenue of ₹21.25 Cr (up 146% YoY) for FY 2025.
Revenue · FY 2025
₹21.25 Cr ▲ 146%
Net profit · FY 2025
₹76.36 Lakh margin 3.6%
EBITDA · FY 2025
₹1.93 Cr margin 9.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 146%
3 years · compounded
▲ 11%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 6%
5 years · compounded
▲ 1%
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 146% growth in the latest year. EBITDA rose 17% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.93 Cr | ||||
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| Net Profit (PAT) | ₹76.36 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 9.1% | ||||
| Net Profit Margin | 3.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Icon Design Automation Private Limited, buy the company report.
Board of directors of Icon Design Automation Private Limited
Icon Design Automation has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramachandra Swamynathanmudaliar Also directs: Sundar Vally Estates and Resorts LLP | Whole-Time Director | 10 Jul 2013 | 13 Years 3 Months | Current |
| Varalakshmi Ramachandra | Managing Director | 15 Apr 2006 | 20 Years 6 Months | Current |
| Arun Rama Chandra Also directs: Sundar Vally Estates and Resorts LLP | Whole-Time Director | 15 Apr 2006 | 20 Years 6 Months | Current |
| Basavaraju Noolvi Also directs: Mwicon Semiconductors Private Limited | Director | 31 Jan 2014 | 12 Years 8 Months | Current |
Auditor
Icon Design Automation Private Limited is audited by B.CHANDRASHEKHAR & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B.CHANDRASHEKHAR & CO. | FY 2023 | 004848S |
Shareholding
The shareholding of Icon Design Automation Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Icon Design Automation Private Limited, buy the company report.
Charges & borrowings
Open charges
₹15.14 Cr
Satisfied charges
₹5.33 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Sep 2019 | 100295519 | Indian Bank | ₹24.5 Lakh | Open | |
| 17 Feb 2016 | 10626391 | Indian Bank | ₹14.34 Cr | Open | |
| 23 Sep 2004 | 90198481 | Indian Bank | ₹27.5 Lakh | Open | |
| 23 Sep 2004 | 90200952 | Indian Bank | ₹27.5 Lakh | Open | |
| 20 Aug 2014 | 10520281 | Corporation Bank | ₹5.25 Cr | Satisfied |
To see the full charge records of Icon Design Automation Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Icon Design Automation Private Limited has 2 court cases on record: 1 filed by Icon Design Automation, 1 filed against it. All cases are disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, KARNATAKA | Writ petition | Filed by the company against State of Karnataka and 2 others | Disposed |
| District court, BENGALURU, Karnataka | Court case (REF) | Filed against the company by an individual | Disposed |
To see the full case history of Icon Design Automation 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 Icon Design Automation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Icon Design Automation has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Associated companies
Employees & EPFO
Icon Design Automation Private Limited has a workforce of 17 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
Employee count
17
Active EPFO establishments
1
Employee growth
6.25%
GST
Icon Design Automation has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACI3838F1ZK | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Icon Design Automation Private Limited, buy the company report.
Recent activity
Icon Design Automation Private Limited has 9 board changes on record since 2006: 4 appointments and 5 cessations. The latest: Alok Mehrotra ceased to be Ceo(Kmp) on 05 Oct 2018.
AGM
Icon Design Automation Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Icon Design Automation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Indian Bank of Rs. 14.34 Cr registered on 17 Feb 2016 with Charge ID 10626391 was modified on 24 Feb 2023.
Charges
A charge with Indian Bank amounted to Rs. 0.25 Cr with Charge ID 100295519 was registered on 09 Sep 2019.
Ceased
Alok Mehrotra ceased to be Ceo(Kmp).
Charges
A charge registered on 20 Aug 2014 via Charge ID 10520281 with Corporation Bank was fully satisfied on 29 Feb 2016.
Charges
A charge with Indian Bank amounted to Rs. 14.34 Cr with Charge ID 10626391 was registered on 17 Feb 2016.
Ceased
Varalakshmi Ramachandra ceased to be Whole-Time Director.
Ceased
Basavaraju Noolvi ceased to be Additional Director.
Charges
A charge with Corporation Bank amounted to Rs. 5.25 Cr with Charge ID 10520281 was registered on 20 Aug 2014.
Appointed
Basavaraju Noolvi was appointed as Director.
Appointed
Ramachandra Swamynathanmudaliar was appointed as Whole-Time Director.
13 earlier events are in the company report.
Frequently asked questions
Icon Design Automation is an active private limited company based in Bangalore, Karnataka, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 11 April 1997 (29+ years old) and is registered under CIN U30009KA1997PTC022104.
Icon Design Automation has 4 current directors:
- Varalakshmi Ramachandra - Managing Director
- Ramachandra Swamynathanmudaliar - Whole-Time Director
- Arun Rama Chandra - Whole-Time Director
- Basavaraju Noolvi - Director
The latest financial statements of Icon Design Automation 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 Icon Design Automation is 29AAACI3838F1ZK, registered in Karnataka.
The CIN (Corporate Identification Number) of Icon Design Automation is U30009KA1997PTC022104. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Icon Design Automation has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the district courts.
Icon Design Automation was incorporated on 11 April 1997, making it 29+ years old. It is registered with the Registrar of Companies, Bangalore.
Alok Mehrotra ceased to be Ceo(Kmp) on 05 Oct 2018. Varalakshmi Ramachandra ceased to be Whole-Time Director on 14 Dec 2015. Basavaraju Noolvi ceased to be Additional Director on 30 Sep 2014. Icon Design Automation has 9 board changes on record in total.
Yes, Icon Design Automation is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0058605).
Icon Design Automation can be reached through the website icon-dapl.com. Its registered office is in Bangalore, Karnataka, India.