Iconium Leather Works Private Limited

Iconium Leather Works Private Limited - appreal & fashion in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U19116KA2015PTC082587 Incorporated 31 August 2015 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company appreal and fashion MSME · Medium
Data last updated
Revenue · FY 2025
₹59 Cr
▲ 18% YoY
Net profit · FY 2025
₹3 Cr
Net margin 5.1%
EBITDA · FY 2025
₹5.56 Cr
EBITDA margin 9.4%
Authorised capital
₹8.5 Cr
Registered with MCA
Paid-up capital
₹8.14 Cr
Issued & subscribed
Open charges
₹12 Cr
Satisfied ₹21 Cr
Company age
11 yrs
Est. 2015
Directors on board
3
As per MCA filings

About Iconium Leather Works Private Limited

Data last updated:

Iconium Leather Works Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Sara Suole Private Limited. It operates in the leather segment of the apparel and fashion sector. It was incorporated on 31 August 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U19116KA2015PTC082587. Its GSTIN is 33AADCI9187N2ZW (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹8.5 Cr and a paid-up capital of ₹8.14 Cr. It is led by directors including Kiran Adithya Gunasekaran Kishore Babu and Paveet Amin Girishbhai.

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 Mezzanine Floor Sy No 62 Site No 13 6th Cross Ns Palya Btm Layout, Bangalore, Karnataka, India – 560076.

As per the financials filed for FY 2025, the company reported a revenue of ₹59 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹3 Cr (net margin 5.1%) and EBITDA of ₹5.56 Cr (EBITDA margin 9.4%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 2% over five years.

The company is associated with 1 brand: Iconium Leather Works. As per MCA filings, the company has open charges of ₹12 Cr and satisfied charges of ₹21 Cr on record. Court records list 29 cases involving the company, including 7 filed by the company and 22 filed against it; 3 cases are pending. The company has 5 deals on record (2 acquisitions, 2 secondary share transfers, 1 rights issue); the latest was in March 2018. Its 9 peer companies in the Consumer Products industry (Leather, Leather Goods Manufacturers), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 5 larger and 4 smaller; the largest is Shree Param Hans Creations Private Limited with revenue of ₹60.81 Cr.

Iconium Leather Works Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0073269). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website iconium.global.

Company details

CIN U19116KA2015PTC082587
Registration Number 082587
Incorporation Date 31 August 2015
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Sara Suole Private Limited
Compliance Status Active Non-Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0073269
Key People
Kiran Adithya Gunasekaran Kishore Babu Director Paveet Amin Girishbhai Director Kayum Razak Dhanani Director

Recognitions & Rankings of Iconium Leather Works

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-KR-03-0073269

Contact details

Iconium Leather Works Private Limited's registered office is in Bangalore, Karnataka. Its website is iconium.global. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    iconium.global
  • Registered Address
    Mezzanine Floor Sy No 62 Site No 13 6th Cross Ns Palya Btm Layout, Bangalore, Karnataka, India – 560076
  • Industry
    Appreal & Fashion, Leather, Textile, Apparel

To see the full contact details of Iconium Leather Works Private Limited, buy the company report.

Comprehensive company report
Iconium Leather Works 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

Iconium Leather Works operates one associated brand: Iconium Leather Works. Each brand links to its own profile.

BrandDescriptionWebsite
Iconium Leather Works
Leather manufacturing and supply services in India.iconium.global

Business activity

The main business activity of Iconium Leather Works is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Iconium Leather Works Private Limited, buy the company report.

Financials of Iconium Leather Works Private Limited

FY 2025 filings available

Iconium Leather Works Private Limited reported revenue of ₹59 Cr (up 18% YoY) for FY 2025.

Revenue · FY 2025
₹59 Cr ▲ 18%
Net profit · FY 2025
₹3 Cr margin 5.1%
EBITDA · FY 2025
₹5.56 Cr margin 9.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▼ 7%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▲ 154%
3 years · compounded
▲ 2%

Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 18% growth in the latest year. EBITDA rose 154% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹5.56 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹3 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin9.4%
Net Profit Margin5.1%
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 Iconium Leather Works Private Limited, buy the company report.

Board of directors of Iconium Leather Works Private Limited

Iconium Leather Works has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Kiran Adithya Gunasekaran Kishore Babu
Also directs: Krishyam Enterprises LLP
Director31 Aug 201511 Years 2 MonthsCurrent
Paveet Amin Girishbhai
Also directs: Samar Lifestyle Private Limited, Sara Suole Private Limited, Ruosh Retail Private Limited and 1 more
Director13 Aug 20188 Years 2 MonthsCurrent
Kayum Razak Dhanani
Also directs: Sayaji Hotels Limited, United Foodbrands Limited, Willow Gourmet Private Limited and 5 more
Director01 Jun 20206 Years 5 MonthsCurrent
View all directors

Peer comparison

Iconium Leather Works Private Limited is compared with the 9 companies closest to it by revenue in the Consumer Products industry (Leather, Leather Goods Manufacturers), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Shree Param Hans Creations Private Limited₹60.81 Cr (FY 2025)16.0%Surat, Gujarat, India
Mireen Industries Private Limited₹60.19 Cr (FY 2025)1.0%Gurgaon, Haryana, India
Rohan Gloves Manufacturing Private Limited₹59.83 Cr (FY 2025)5.0%Kolkata, West Bengal, India
Farinni Leather Private Limited₹59.72 Cr (FY 2025)-26.0%Kolkata, West Bengal, India
Metropoli Fashions Pvt. Ltd.₹59.36 Cr (FY 2025)19.0%Kolkata, West Bengal, India
Iconium Leather Works Private Limitedthis company₹59 Cr (FY 2025)₹3 Cr5.1%18.0%Bangalore, Karnataka, India
Winner Nippon Leatherette Private Limited₹58.45 Cr (FY 2025)17.0%Solan, Himachal Pradesh, India
Lbi Export Private Limited₹56.81 Cr (FY 2025)-18.0%Bhangar, West Bengal, India
Northern India Leather Cloth Manufacturing Company Private Limited₹56.35 Cr (FY 2025)-6.0%New Delhi, Delhi, India
Delite Collections Private Limited₹55.43 Cr (FY 2025)10.0%Delhi, India

To see the full peer comparison of Iconium Leather Works Private Limited, buy the company report.

Auditor

Iconium Leather Works Private Limited is audited by Ishwar & Gopal for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Ishwar & GopalFY 2023001154S

Shareholding

The shareholding of Iconium Leather Works 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Iconium Leather Works Private Limited, buy the company report.

Charges & borrowings

Open charges
₹12 Cr
Satisfied charges
₹21 Cr
Breakdown by lending institutions
Others₹12.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
27 Sep 2018100226028Others₹12 CrOpen
11 Sep 2017100124467Others₹21 CrSatisfied

To see the full charge records of Iconium Leather Works Private Limited, buy the company report.

Total charge records: 2 View all charges

Deals & funding

Iconium Leather Works Private Limited has 5 deals on record (2 acquisitions, 2 secondary share transfers, 1 rights issue); the latest was in March 2018.

Total deals
5
Acquisitions
2
Secondary share transfers
2
Rights issue
1

Deals on record (5 of 5)

WhenDealAmountParties
Mar 2018Rights issue₹7.14 CrInvestors: Sara Suole Private Limited , an individual
Mar 2018AcquisitionUndisclosedBuyer: Sara Suole Private Limited
Seller: an individual
Feb 2017Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Mar 2016AcquisitionUndisclosedBuyer: an individual
Seller: Sara Suole Private Limited
Feb 2016Secondary share transferUndisclosedBuyer: an individual
Seller: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Iconium Leather Works Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Iconium Leather Works has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
33AADCI9187N2ZWTamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Iconium Leather Works Private Limited, buy the company report.

Recent activity

Iconium Leather Works Private Limited has 7 board changes on record since 2015: 3 appointments and 4 cessations. The latest: Kiran Adithya Gunasekaran Kishore Babu ceased to be Director on 10 Jun 2020.

AGM
Iconium Leather Works Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Iconium Leather Works Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 11 Sep 2017 via Charge ID 100124467 with Others was fully satisfied on 28 Feb 2024.
Charges
A charge with Others of Rs. 12.00 Cr registered on 27 Sep 2018 with Charge ID 100226028 was modified on 16 Dec 2022.
Ceased
Kiran Adithya Gunasekaran Kishore Babu ceased to be Director.
Appointed
Kayum Razak Dhanani was appointed as Director.
Ceased
Paveet Amin Girishbhai ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 12.00 Cr with Charge ID 100226028 was registered on 27 Sep 2018.
Ceased
Deepak Sridhar ceased to be Director.
Appointed
Paveet Amin Girishbhai was appointed as Director.
Charges
A charge with Others amounted to Rs. 21.00 Cr with Charge ID 100124467 was registered on 11 Sep 2017.
Ceased
Medekar Intisar Mohamed ceased to be Director.

2 earlier events are in the company report.

Frequently asked questions

Iconium Leather Works is an active private limited company based in Bangalore, Karnataka, India. The company works in leather, within the apparel and fashion industry. It was incorporated on 31 August 2015 (11+ years old) and is registered under CIN U19116KA2015PTC082587.

Iconium Leather Works has 3 current directors:

The latest financial statements of Iconium Leather Works 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 FY 2016 are in the company report.

The GSTIN of Iconium Leather Works is 33AADCI9187N2ZW, registered in Tamil Nadu. 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 Iconium Leather Works is U19116KA2015PTC082587. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Iconium Leather Works has 29 court cases on record: 7 filed by the company and 22 filed against it. 3 are pending. Most are in the district courts.

Iconium Leather Works was incorporated on 31 August 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.

Iconium Leather Works has 5 deals on record (2 acquisitions, 2 secondary share transfers, 1 rights issue); the latest was in March 2018.

The peers of Iconium Leather Works by revenue are Shree Param Hans Creations Private Limited, Mireen Industries Private Limited, Rohan Gloves Manufacturing Private Limited, Farinni Leather Private Limited, Metropoli Fashions Pvt. Ltd. and 4 more, all in the Consumer Products industry (Leather, Leather Goods Manufacturers), with the same principal business activity (textile, leather and other apparel products).

Kiran Adithya Gunasekaran Kishore Babu ceased to be Director on 10 Jun 2020. Kayum Razak Dhanani was appointed as Director on 01 Jun 2020. Paveet Amin Girishbhai ceased to be Additional Director on 28 Sep 2018. Iconium Leather Works has 7 board changes on record in total.

Yes, Iconium Leather Works is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0073269).