About Icon Realcon Private Limited
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Icon Realcon Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Max Heights Infrastucture Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 28 December 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U70109DL2007PTC171994. Its GSTIN is 06AABCI8638Q1ZW (Haryana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.6 Cr. It is led by directors Rakesh Pahwa (Managing Director) and Lalit Kumar Sapra.
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 One Shop (East Side) Of 19 Kailash Enclave Pitam Pura, New Delhi, Delhi, India – 110034.
As per the financials filed for FY 2025, the company reported a revenue of ₹37.86 Lakh, a growth of 65% compared to the previous year. For the same year it recorded a net loss of ₹4.07 Cr and EBITDA of ₹1.04 Lakh (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 338% over three years and 19% over five years.
As per MCA filings, the company has satisfied charges of ₹14.4 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aravallione.com.
Company details
Contact details
Icon Realcon Private Limited's registered office is in New Delhi, Delhi. Its website is aravallione.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOne Shop (East Side) Of 19 Kailash Enclave Pitam Pura, New Delhi, Delhi, India – 110034
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Icon Realcon 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 Realcon is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of Icon Realcon Private Limited, buy the company report.
Financials of Icon Realcon Private Limited
FY 2025 filings availableIcon Realcon Private Limited reported revenue of ₹37.86 Lakh (up 65% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 65% growth in the latest year. EBITDA fell 80% 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 | ₹1.04 Lakh | ||||
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| Net Profit (PAT) | -₹4.07 Cr | ||||
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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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| EBITDA Margin | 2.8% | ||||
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To see the full financial statements and ratios of Icon Realcon Private Limited, buy the company report.
Board of directors of Icon Realcon Private Limited
Icon Realcon has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lalit Kumar Sapra | Director | 02 May 2013 | 13 Years 5 Months | Current |
| Rakesh Pahwa | Managing Director | 02 Apr 2016 | 10 Years 6 Months | Current |
Auditor
Icon Realcon Private Limited is audited by Deepak Narang & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deepak Narang & Associates | FY 2022 | 016594N |
Shareholding
The shareholding of Icon Realcon 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 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Icon Realcon Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Nov 2014 | 10538499 | State Bank of India | ₹14.4 Cr | Satisfied |
To see the full charge records of Icon Realcon Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Icon Realcon Private Limited has 4 court cases on record: 3 filed by Icon Realcon, 1 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
| High courts | 2 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Faridabad, Haryana | Arbitration matter | Filed by the company against MCF, Through Its Commissioner, MCF Office | Disposed |
| District court, Chandigarh | Arbitration matter | Filed by the company against Municipal Corporation | Pending |
| High Court, HARYANA | Appeal | Filed against the company by Municipal Corporation Faridabad | Disposed |
| High Court of Punjab and Haryana | Arbitration matter | Filed by the company against Municipal Corporation Faridabad | Disposed |
To see the full case history of Icon Realcon 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 Realcon Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Icon Realcon has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AABCI8638Q1ZW | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Icon Realcon Private Limited, buy the company report.
Recent activity
Icon Realcon Private Limited has 9 board changes on record since 2013: 2 appointments and 7 cessations. The latest: Naveen Narang ceased to be Director on 02 Feb 2021.
2 earlier events are in the company report.
Frequently asked questions
Icon Realcon is an active private limited company based in New Delhi, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 28 December 2007 (19+ years old) and is registered under CIN U70109DL2007PTC171994.
Icon Realcon has 2 current directors:
- Rakesh Pahwa - Managing Director
- Lalit Kumar Sapra - Director
The latest financial statements of Icon Realcon 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 Realcon is 06AABCI8638Q1ZW, registered in Haryana. 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 Realcon is U70109DL2007PTC171994. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Icon Realcon has 4 court cases on record: 3 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Icon Realcon was incorporated on 28 December 2007, making it 19+ years old. It is registered with the Registrar of Companies, Delhi.
Naveen Narang ceased to be Director on 02 Feb 2021. Vikas Goyal ceased to be Additional Director on 30 Sep 2017. Rakesh Pahwa ceased to be Additional Director on 30 Sep 2016. Icon Realcon has 9 board changes on record in total.
Icon Realcon can be reached through the website aravallione.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Icon Realcon is at One Shop East Side Of 19 Kailash Enclave Pitam Pura, New Delhi, Delhi, India – 110034.