Icon Meditech Private Limited
About Icon Meditech Private Limited
Data last updated:
Icon Meditech Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 15 December 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U85100PN2009PTC135167. Its GSTIN is 27AACCI2400B1ZE (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Ravindra Vijay Ghagre and Mangesh Raghunath Kadve.
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 Shop – 303 Garden Plaza S No 17 Nr Five Garden Rahatani, Pune, Maharashtra, India – 411017.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.56 Lakh, a decline of 38% compared to the previous year. For the same year it recorded a net profit of ₹33,610 (net margin 2.2%) and EBITDA of ₹1.98 Lakh (EBITDA margin 12.7%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 31% over five years.
As per MCA filings, the company has open charges of ₹2.2 Cr on record. Court records list 7 cases involving the company, including 2 filed by the company and 5 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Icon Meditech Private Limited's registered office is in Pune, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressShop – 303 Garden Plaza S No 17 Nr Five Garden Rahatani, Pune, Maharashtra, India – 411017
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Icon Meditech 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 Meditech is hospital and medical care. In detail, this covers other hospital and medical care activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities |
To see the full business activity and turnover split of Icon Meditech Private Limited, buy the company report.
Financials of Icon Meditech Private Limited
FY 2024 filings availableIcon Meditech Private Limited reported revenue of ₹15.56 Lakh (down 38% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 31% over five years, including a 38% fall in the latest year. EBITDA fell 44% 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 |
|---|---|---|---|---|---|
| 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 | ₹1.98 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹33,610 | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.7% | ||||
| Net Profit Margin | 2.2% | ||||
| 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 | |||||
To see the full financial statements and ratios of Icon Meditech Private Limited, buy the company report.
Board of directors of Icon Meditech Private Limited
Icon Meditech 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 |
|---|---|---|---|---|
| Ravindra Vijay Ghagre Also directs: Help Me Climb Foundation, Shri Sai Baba Medical Foundation | Director | 29 Oct 2015 | 10 Years 11 Months | Current |
| Mangesh Raghunath Kadve Also directs: Saisilta Cardiac Care LLP, Help Me Climb Foundation, Shri Sai Baba Medical Foundation and 1 more | Director | 15 Dec 2009 | 16 Years 10 Months | Current |
Auditor
Icon Meditech Private Limited is audited by NILESH LOKHANDE & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NILESH LOKHANDE & ASSOCIATES | FY 2022 | 137931W |
Shareholding
The shareholding of Icon Meditech Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Icon Meditech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Feb 2015 | 10553569 | Bank of Maharashtra | ₹1.7 Cr | Open | |
| 05 Sep 2010 | 10239783 | Bank of Maharashtra | ₹50 Lakh | Open |
To see the full charge records of Icon Meditech Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Icon Meditech Private Limited has 7 court cases on record: 2 filed by Icon Meditech, 5 filed against it. 2 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 4 | 2 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Sahajanand Medical Technologies Pvt.Ltd. Through Jatin Mafatlal Tikiwala | Disposed |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Sahajanand Medical Technologies Pvt. Ltd. | Disposed |
| Bombay High Court | Company petition | Filed against the company by M/S. Sahajanand Medical Technologies Private Limited | Disposed |
| District court, Pune, Maharashtra | Court case (R.C.A.) | Filed against the company by M/S Life Care Medical Systems | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Icon Meditech 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 Meditech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Icon Meditech has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCI2400B1ZE | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Icon Meditech Private Limited, buy the company report.
Recent activity
Icon Meditech Private Limited has 4 board changes on record since 2009: 2 appointments and 2 cessations. The latest: Ravindra Vijay Ghagre ceased to be Additional Director on 30 Sep 2016.
Frequently asked questions
Icon Meditech is an active private limited company based in Pune, Maharashtra, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 15 December 2009 (17+ years old) and is registered under CIN U85100PN2009PTC135167.
Icon Meditech has 2 current directors:
- Ravindra Vijay Ghagre - Director
- Mangesh Raghunath Kadve - Director
The latest financial statements of Icon Meditech on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Icon Meditech is 27AACCI2400B1ZE, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Icon Meditech is U85100PN2009PTC135167. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Icon Meditech has 7 court cases on record: 2 filed by the company and 5 filed against it. 2 are pending. Most are in the district courts.
Icon Meditech was incorporated on 15 December 2009, making it 17+ years old. It is registered with the Registrar of Companies, Pune.
Ravindra Vijay Ghagre ceased to be Additional Director on 30 Sep 2016. Amol Raghunath Kadwe ceased to be Director on 29 Oct 2015. Ravindra Vijay Ghagre was appointed as Director on 29 Oct 2015. Icon Meditech has 4 board changes on record in total.
The registered office of Icon Meditech is at Shop – 303 Garden Plaza S No 17 Nr Five Garden Rahatani, Pune, Maharashtra, India – 411017.
Icon Meditech operates in the pharma industry, in the pharmaceutical retailers and distributors segment.