Icon Financial Services Pvt.Ltd.
About Icon Financial Services Pvt.Ltd.
Data last updated:
Icon Financial Services Pvt.Ltd. is a private limited company based in Kolkata, West Bengal, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 09 November 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U65993WB1995PTC075249.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹2.53 Cr. It is led by directors Waikhom Meghachandra Singh and Irabanta Singh Ningombam.
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 6B Bentinck Street, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2024, the company reported a revenue of ₹63.2 Lakh, a decline of 38% compared to the previous year. For the same year it recorded a net profit of ₹8 Lakh (net margin 12.7%) and EBITDA of ₹18.92 Lakh (EBITDA margin 29.9%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 4% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
The company has 5 deals on record (3 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹1.29 Cr; the latest was in March 2017. Its 6 peer companies in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities) are compared by revenue, 3 larger and 3 smaller; the largest is Jammu Financier Private Limited with revenue of ₹63.29 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Icon Financial Services Pvt.Ltd.'s registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address6B Bentinck Street, Kolkata, West Bengal, India – 700001
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Icon Financial Services Pvt.Ltd., 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 Financial Services is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Icon Financial Services Pvt.Ltd., buy the company report.
Financials of Icon Financial Services Pvt.Ltd.
FY 2025 filings availableIcon Financial Services Pvt.Ltd. reported revenue of ₹63.2 Lakh (down 38% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 38% fall in the latest year. EBITDA fell 64% 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 | ₹18.92 Lakh | ||||
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| Net Profit (PAT) | ₹8 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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| Profitability | |||||
| EBITDA Margin | 29.9% | ||||
| Net Profit Margin | 12.7% | ||||
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To see the full financial statements and ratios of Icon Financial Services Pvt.Ltd., buy the company report.
Board of directors of Icon Financial Services Pvt.Ltd.
Icon Financial Services has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Waikhom Meghachandra Singh Also directs: Chingao Hotel & Resorts Private Limited, Unacco Sports Foundation, Nongpok Publishers Private Limited and 1 more | Director | 02 Apr 2012 | 14 Years 6 Months | Current |
| Irabanta Singh Ningombam Also directs: Brilliant Iron & Alloys Private Limited, Subhlife Construction Private Limited, P A Tradecom Private Limited and 3 more | Director | 02 Apr 2012 | 14 Years 6 Months | Current |
Peer comparison
Icon Financial Services Pvt.Ltd. is compared with the 6 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jammu Financier Private Limited | ₹63.29 Lakh (FY 2025) | 20.0% | Jammu, Jammu and Kashmir, India | |||
| Vagmi Financials Private Limited | ₹63.27 Lakh (FY 2024) | -6.0% | Delhi, India | |||
| Bee Ess Financial Services Private Limited | ₹63.22 Lakh (FY 2024) | 731.0% | Jaipur, Rajasthan, India | |||
| Icon Financial Services Pvt.Ltd.this company | ₹63.2 Lakh (FY 2024) | ₹8 Lakh | 12.7% | -38.0% | 11 | Kolkata, West Bengal, India |
| Lactose Vinimay Pvt Ltd | ₹63.15 Lakh (FY 2025) | 339.0% | Kolkata, West Bengal, India | |||
| Nilgiri Mercantiles Pvt. Ltd. | ₹63.13 Lakh (FY 2025) | 39.0% | Kolkata, West Bengal, India | |||
| Kuber Trexim Pvt Ltd | ₹63.08 Lakh (FY 2025) | -3.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Icon Financial Services Pvt.Ltd., buy the company report.
Auditor
Icon Financial Services Pvt.Ltd. is audited by M K Sinha for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M K Sinha | FY 2023 | 300814 |
Shareholding
The shareholding of Icon Financial Services Pvt.Ltd. 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 Financial Services Pvt.Ltd., buy the company report.
Deals & funding
Icon Financial Services Pvt.Ltd. has 5 deals on record (3 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹1.29 Cr; the latest was in March 2017.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Rights issue | ₹31.1 Lakh | Investors: Kaushal Vintrade Private Limited |
| Sep 2016 | Funding round | ₹89.9 Lakh | Investors: Navratra Tradelink Private Limited , Kaushal Vintrade Private Limited |
| Mar 2016 | Funding round | ₹24.1 Lakh | Investors: Navratra Tradelink Private Limited |
| Mar 2014 | Funding round | ₹15 Lakh | Investors: Navratra Tradelink Private Limited |
| Apr 2012 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Icon Financial Services Pvt.Ltd. 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 Financial Services Pvt.Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Icon Financial Services Pvt.Ltd. has a workforce of 11 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.
GST
No GST registration is on our record for Icon Financial Services Pvt.Ltd.; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Icon Financial Services Pvt.Ltd. has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Moniram Gupta ceased to be Director on 29 Jun 2012.
Frequently asked questions
Icon Financial Services is an active private limited company based in Kolkata, West Bengal, India. The company works in nbfc, within the financial services industry. It was incorporated on 09 November 1995 (31+ years old) and is registered under CIN U65993WB1995PTC075249.
Icon Financial Services has 2 current directors:
- Waikhom Meghachandra Singh - Director
- Irabanta Singh Ningombam - Director
The latest financial statements of Icon Financial 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 Financial Services is U65993WB1995PTC075249. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Icon Financial Services was incorporated on 09 November 1995, making it 31+ years old. It is registered with the Registrar of Companies, Kolkata.
Icon Financial Services has 5 deals on record (3 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹1.29 Cr; the latest was in March 2017.
The peers of Icon Financial Services by revenue are Jammu Financier Private Limited, Vagmi Financials Private Limited, Bee Ess Financial Services Private Limited, Lactose Vinimay Pvt Ltd, Nilgiri Mercantiles Pvt. Ltd. and 1 more, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Moniram Gupta ceased to be Director on 29 Jun 2012. Tulshi Ram Gupta ceased to be Director on 29 Jun 2012. Irabanta Singh Ningombam was appointed as Director on 02 Apr 2012. Icon Financial Services has 4 board changes on record in total.
The registered office of Icon Financial Services is at 6B Bentinck Street, Kolkata, West Bengal, India – 700001.
Icon Financial Services operates in the financial services industry, in the nbfc segment.
The compliance status of Icon Financial Services is compliant as of 25 September 2026. The company is actively filing with the Registrar of Companies.