Icrave Business Solutions Private Limited

Icrave Business Solutions Private Limited - manufacturing in Chandigarh, India. FY 2026 financials & compliance.
CIN U26914CH2012PTC033640 Incorporated 16 March 2012 ROC Chandigarh HQ Chandigarh, India
Active Private Limited Company manufacturing
Data last updated
Revenue · FY 2024
₹1.76 Cr
▼ 30% YoY
Net profit · FY 2024
₹84,144
Net margin 0.5%
EBITDA · FY 2024
₹2.19 Lakh
EBITDA margin 1.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
14 yrs
Est. 2012
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Icrave Business Solutions Private Limited

Data last updated:

Icrave Business Solutions Private Limited is a private limited company based in Chandigarh, India. It operates in the construction materials segment of the manufacturing sector. It was incorporated on 16 March 2012 and has been in existence for over 14 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U26914CH2012PTC033640. Its GSTIN is 04AACCI9146A1ZZ (Chandigarh).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kirti Singla and Nitin Bindlish.

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 SCO 12 Ist Floor Sector 7 – C, Chandigarh, India – 160019.

As per the financials filed for FY 2024, the company reported a revenue of ₹1.76 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹84,144 (net margin 0.5%) and EBITDA of ₹2.19 Lakh (EBITDA margin 1.2%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 28% over five years.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U26914CH2012PTC033640
Registration Number 033640
Incorporation Date 16 March 2012
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Icrave Business Solutions Private Limited's registered office is in Chandigarh, Chandigarh. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    SCO 12 Ist Floor Sector 7 – C, Chandigarh, India – 160019
  • Industry
    Manufacturing, Construction Materials

To see the full contact details of Icrave Business Solutions Private Limited, buy the company report.

Comprehensive company report
Icrave Business Solutions 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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Business activity

The main business activity of Icrave Business Solutions is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

To see the full business activity and turnover split of Icrave Business Solutions Private Limited, buy the company report.

Financials of Icrave Business Solutions Private Limited

FY 2025 filings available

Icrave Business Solutions Private Limited reported revenue of ₹1.76 Cr (down 30% YoY) for FY 2024.

Revenue · FY 2024
₹1.76 Cr ▼ 30%
Net profit · FY 2024
₹84,144 margin 0.5%
EBITDA · FY 2024
₹2.19 Lakh margin 1.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 30%
3 years · compounded
▲ 24%
5 years · compounded
▲ 28%
EBITDA CAGR growth
1 year
▼ 32%
3 years · compounded
▼ 4%
5 years · compounded
▲ 12%

Revenue fell 30% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 28%. EBITDA fell 32% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹2.19 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹84,144
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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin1.2%
Net Profit Margin0.5%
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

To see the full financial statements and ratios of Icrave Business Solutions Private Limited, buy the company report.

Board of directors of Icrave Business Solutions Private Limited

Icrave Business Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Kirti SinglaDirector01 Oct 20206 Years 1 MonthsCurrent
Nitin BindlishDirector29 Mar 20197 Years 7 MonthsCurrent

Auditor

Icrave Business Solutions Private Limited is audited by VISHAL CHITKARA & ASSOCIATES for the financial year 2017.

Auditor firmFinancial yearFirm registration number
VISHAL CHITKARA & ASSOCIATESFY 2017012301N

Shareholding

The shareholding of Icrave Business Solutions Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Icrave Business Solutions Private Limited, buy the company report.

MSME payment delays

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

GST

Icrave Business Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
04AACCI9146A1ZZChandigarhActive01 Jul 2017

To see the full GST registrations and return filing status of Icrave Business Solutions Private Limited, buy the company report.

Recent activity

Icrave Business Solutions Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Shashi Bala Garg ceased to be Director on 02 Oct 2020.

AGM
Icrave Business Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Icrave Business Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Ceased
Shashi Bala Garg ceased to be Director.
Appointed
Kirti Singla was appointed as Director.
Ceased
Kunal Garg ceased to be Director.
Appointed
Nitin Bindlish was appointed as Director.
Incorporation
16 Mar 2012
Icrave Business Solutions Private Limited was registered on 16 Mar 2012 with Roc Chandigarh & aged 14 years 7 months as per MCA records.

Frequently asked questions

Icrave Business Solutions is an active private limited company based in Chandigarh, India. The company works in construction materials, within the manufacturing industry. It was incorporated on 16 March 2012 (14+ years old) and is registered under CIN U26914CH2012PTC033640.

Icrave Business Solutions has 2 current directors:

The latest financial statements of Icrave Business Solutions 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 Icrave Business Solutions is 04AACCI9146A1ZZ, registered in Chandigarh.

The CIN (Corporate Identification Number) of Icrave Business Solutions is U26914CH2012PTC033640. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Icrave Business Solutions was incorporated on 16 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Chandigarh.

Shashi Bala Garg ceased to be Director on 02 Oct 2020. Kirti Singla was appointed as Director on 01 Oct 2020. Kunal Garg ceased to be Director on 29 Mar 2019. Icrave Business Solutions has 4 board changes on record in total.

The registered office of Icrave Business Solutions is at SCO 12 Ist Floor Sector 7 – C, Chandigarh, India – 160019.

Icrave Business Solutions operates in the manufacturing industry, in the construction materials segment.

The compliance status of Icrave Business Solutions is compliant as of 09 August 2026. The company is actively filing with the Registrar of Companies.