About Icon Micro Circuits & Software Technologies Private Limited
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Icon Micro Circuits & Software Technologies Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 17 January 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U30007TN1991PTC020171. Its GSTIN is 33AAACI1773R1Z8 (Tamil Nadu).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹15.5 Lakh. It is led by directors Rajagopal Balaji and Uma Suresh.
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 2B Block 2 Bajaj Apartments Nandanam Extension 5th Street, Chennai, Tamil Nadu, India – 600035.
As per the financials filed for FY 2024, the company reported a revenue of ₹25.32 Lakh, a decline of 88% compared to the previous year. For the same year it recorded a net loss of ₹11.78 Lakh (net margin -46.5%) and EBITDA of -₹7.71 Lakh (EBITDA margin -30.5%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 24% over five years.
As per MCA filings, the company has open charges of ₹31.85 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website icontech.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address2B Block 2 Bajaj Apartments Nandanam Extension 5th Street, Chennai, Tamil Nadu, India – 600035
- IndustryInformation Technology, IT Consulting & Support Services
- 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 Micro Circuits & Software Technologies Private Limited
The main business activity of Icon Micro Circuits & Software Technologies is information and communication. In detail, this covers wired, wireless or satellite telecommunication activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J5 | Wired, wireless or satellite Telecommunication activities | 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 Micro Circuits & Software Technologies Private Limited FY 2024 filings available
Icon Micro Circuits & Software Technologies Private Limited reported revenue of ₹25.32 Lakh (down 88% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Icon Micro Circuits & Software Technologies Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 24% over five years, including a 88% fall in the latest year. EBITDA fell 157% 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 Micro Circuits & Software Technologies 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 | -₹7.71 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹11.78 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Icon Micro Circuits & Software Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -30.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -46.5% | •••• | •••• | •••• | •••• |
| 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 Micro Circuits & Software Technologies 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 Micro Circuits & Software Technologies Private Limited
Icon Micro Circuits & Software Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Elko Ep India Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Chakra Surface Mount Tech. Private Limited | •••• | •••• | •••• | •••• | 16 | Chennai, Tamil Nadu, India |
| Inteleq Tech Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Enarxi Innovations Private Limited | •••• | •••• | •••• | •••• | - | Saidapet, Tamil Nadu, India |
| Five Star Exports Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Icon Micro Circuits & Software Technologies Private Limited this company | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Voxelstudio One Private Limited | •••• | •••• | •••• | •••• | - | Noida, Uttar Pradesh, India |
| Kits Geo Tech Private Limited | •••• | •••• | •••• | •••• | - | Nagpur, Maharashtra, India |
| Hallmark Magnetics Mfg Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Mercntech (India) Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Vishwasha Ventures Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Icon Micro Circuits & Software Technologies by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Icon Micro Circuits & Software Technologies Private Limited
Icon Micro Circuits & Software Technologies Private Limited is audited by K E SRIDHARAN & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K E SRIDHARAN & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Icon Micro Circuits & Software Technologies Private Limited
Icon Micro Circuits & Software Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajagopal Balaji | Director | 14 Dec 1994 | 31 Years 9 Months | Current |
| Uma Suresh Also directs: Protection & Control Electrics Systems Private Limited | Director | 17 Jan 1991 | 35 Years 8 Months | Current |
Ownership and Shareholding of Icon Micro Circuits & Software Technologies 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 Micro Circuits & Software Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 May 2008 | Bank of India | ₹5 Lakh | Open |
| 08 Aug 2000 | Bank of India | ₹4.4 Lakh | Open |
| 25 Jan 1994 | Bank of India | ₹45,000 | Open |
| 12 Dec 1992 | Bank of India | ₹22 Lakh | Open |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Icon Micro Circuits & Software Technologies Private Limited
Employment history and EPFO contributions of people linked to Icon Micro Circuits & Software Technologies.
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 Micro Circuits & Software Technologies Private Limited
Icon Micro Circuits & Software Technologies Private Limited has 3 board changes on record since 1991: 2 appointments and 1 cessation. The latest: Rajaraman Suresh ceased to be Director on 29 Apr 2022.
Credit Ratings, Litigation & Regulatory Alerts for Icon Micro Circuits & Software Technologies 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 Micro Circuits & Software Technologies 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 Micro Circuits & Software Technologies 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 Micro Circuits & Software Technologies Private Limited
Icon Micro Circuits & Software Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACI1773R1Z8 | Tamil Nadu | 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 Micro Circuits & Software Technologies 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 Micro Circuits & Software Technologies Private Limited
Icon Micro Circuits & Software Technologies is an active private limited company based in Chennai, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 17 January 1991 (35+ years old) and is registered under CIN U30007TN1991PTC020171.
Icon Micro Circuits & Software Technologies reported revenue of ₹25.32 Lakh for FY 2024 (down 88% YoY).
Icon Micro Circuits & Software Technologies has 2 current directors:
- Rajagopal Balaji - Director
- Uma Suresh - Director
Icon Micro Circuits & Software Technologies reported a net loss of ₹11.78 Lakh (net margin -46.5%) and EBITDA of -₹7.71 Lakh (EBITDA margin -30.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Icon Micro Circuits & Software Technologies is -20% over three years and -24% over five years. In the latest year (FY 2024) revenue fell 88%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Icon Micro Circuits & Software Technologies is 33AAACI1773R1Z8, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Icon Micro Circuits & Software Technologies is U30007TN1991PTC020171. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Icon Micro Circuits & Software Technologies was incorporated on 17 January 1991, making it 35+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Icon Micro Circuits & Software Technologies by revenue are Elko Ep India Private Limited, Chakra Surface Mount Tech. Private Limited, Inteleq Tech Private Limited, Enarxi Innovations Private Limited, Five Star Exports Private Limited and 5 more, all in the Information Technology industry (Electronic Equipment and Components Manufacturing).
Rajaraman Suresh ceased to be Director on 29 Apr 2022. Rajagopal Balaji was appointed as Director on 14 Dec 1994. Uma Suresh was appointed as Director on 17 Jan 1991.
Icon Micro Circuits & Software Technologies can be reached through the website icontech.in. Its registered office is in Chennai, Tamil Nadu, India.