About Icono India Infotech Private Limited
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Icono India Infotech Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the cold storage and warehousing services segment of the transport and logistics sector. It was incorporated on 02 February 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72300MH2007PTC167471. Its GSTIN is 27AABCI6474N1Z0 (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Sudhir Devidas Gavhal (Managing Director) and Chandrakala Devidas Gavhal.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at #06 Icono One World Centre Plot 21 Sector 24 Turbhe Vashi, Navi Mumbai, Maharashtra, India – 400703.
As per the financials filed for FY 2019, the company reported a revenue of ₹2.95 Lakh, a decline of 83% compared to the previous year. For the same year it recorded a net profit of ₹2.25 Lakh (net margin 76.2%) and EBITDA of ₹2.95 Lakh (EBITDA margin 100%). Revenue has declined at a compounded annual rate (CAGR) of 174% over three years and 16% over five years.
As per MCA filings, the company has satisfied charges of ₹99 Lakh on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website icono.in.
Company details
Contact details
Icono India Infotech Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is icono.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address#06 Icono One World Centre Plot 21 Sector 24 Turbhe Vashi, Navi Mumbai, Maharashtra, India – 400703
- IndustryTransport and Logistics, Cold Storage & Warehousing Services
To see the full contact details of Icono India Infotech 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 Icono India Infotech is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Icono India Infotech Private Limited, buy the company report.
Financials of Icono India Infotech Private Limited
FY 2019 filings availableIcono India Infotech Private Limited reported revenue of ₹2.95 Lakh (down 83% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 83% fall in the latest year. EBITDA rose 39% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.95 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.95 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.25 Lakh | ||||
| 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 100% | ||||
| Net Profit Margin | 76.2% | ||||
| 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 Icono India Infotech Private Limited, buy the company report.
Board of directors of Icono India Infotech Private Limited
Icono India Infotech has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandrakala Devidas Gavhal Also directs: Sameplace Hospitality Private Limited, Indialands.Com Limited, Treexer Emerging Technologies Private Limited and 1 more | Director | 02 Feb 2007 | 19 Years 9 Months | Current |
| Sudhir Devidas Gavhal Also directs: Shiv Rudra Infrastructure LLP, Sungrapes Agrotech Private Limited, Sameplace Hospitality Private Limited and 5 more | Managing Director | 02 Feb 2007 | 19 Years 9 Months | Current |
Auditor
Icono India Infotech Private Limited is audited by R C S & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R C S & ASSOCIATES | FY 2018 | 124285W |
Shareholding
The shareholding of Icono India Infotech Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Icono India Infotech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jun 2007 | 10059667 | The Cosmos Co-Operative Bank Ltd | ₹49.5 Lakh | Satisfied | |
| 19 Jun 2007 | 10059663 | The Cosmos Co-Operative Bank Ltd | ₹49.5 Lakh | Satisfied |
To see the full charge records of Icono India Infotech Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Icono India Infotech Private Limited has 4 court cases on record: 2 filed by Icono India Infotech, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 2 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Criminal miscellaneous application | Filed against the company by JM Financial Asset Reconstruction Company Limited | Disposed |
| District court, Thane, Maharashtra | Criminal miscellaneous application | Filed against the company by Dewan Housing Finance Corporation Ltd | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against The State of Maharashtra Through Dy. Registrar and Anr. | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Maharashtra Industiral Development Corporation (Midc) THR. District Regional Officer | Disposed |
To see the full case history of Icono India Infotech 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 Icono India Infotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Icono India Infotech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCI6474N1Z0 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Icono India Infotech Private Limited, buy the company report.
Recent activity
Icono India Infotech Private Limited has 2 board changes on record since 2007: 2 appointments. The latest: Chandrakala Devidas Gavhal was appointed as Director on 02 Feb 2007.
Frequently asked questions
Icono India Infotech is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in cold storage and warehousing services, within the transport and logistics industry. It was incorporated on 02 February 2007 (19+ years old) and is registered under CIN U72300MH2007PTC167471.
Icono India Infotech has 2 current directors:
- Sudhir Devidas Gavhal - Managing Director
- Chandrakala Devidas Gavhal - Director
The latest financial statements of Icono India Infotech on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Icono India Infotech is 27AABCI6474N1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of Icono India Infotech is U72300MH2007PTC167471. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Icono India Infotech has 4 court cases on record: 2 filed by the company and 2 filed against it. Most are in the district courts.
Icono India Infotech was incorporated on 02 February 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Chandrakala Devidas Gavhal was appointed as Director on 02 Feb 2007. Sudhir Devidas Gavhal was appointed as Managing Director on 02 Feb 2007.
Icono India Infotech can be reached through the website icono.in. Its registered office is in Navi Mumbai, Maharashtra, India.
The registered office of Icono India Infotech is at #06 Icono One World Centre Plot 21 Sector 24 Turbhe Vashi, Navi Mumbai, Maharashtra, India – 400703.
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