
About Icsa Innovations (OPC) Private Limited
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Icsa Innovations (OPC) Private Limited is a one person company based in Mumbai, Maharashtra, India. It operates in the taxation and compliance segment of the professional services sector. It was incorporated on 19 February 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2016OPC273305. Its GSTIN is 27AAECI0900Q2ZF (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹10,000. It is led by director Kshitij Singh Pipaleshwar.
Its latest financial statements are for the year ended 31 March 2021. The registered office is at B – 32 Varsha New Mandala Anu Shakti Nagar, Mumbai, Maharashtra, India – 400094.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.18 Lakh, a decline of 93% compared to the previous year. For the same year it recorded a net loss of ₹1.7 Lakh (net margin -144.4%) and EBITDA of -₹1.57 Lakh (EBITDA margin -133.5%). Revenue has declined at a compounded annual rate (CAGR) of 62% over three years.
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 icsa.co.in.
Company details
Contact details
Icsa Innovations (OPC) Private Limited's registered office is in Mumbai, Maharashtra. Its website is icsa.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressB – 32 Varsha New Mandala Anu Shakti Nagar, Mumbai, Maharashtra, India – 400094
- IndustryProfessional Services, Taxation, Tax Consultant, Book Keeping, Accounting
To see the full contact details of Icsa Innovations (OPC) 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 Icsa Innovations is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Icsa Innovations (OPC) Private Limited, buy the company report.
Financials of Icsa Innovations (OPC) Private Limited
FY 2021 filings availableIcsa Innovations (OPC) Private Limited reported revenue of ₹1.18 Lakh (down 93% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 62% over three years, including a 93% fall in the latest year. EBITDA fell 210% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.18 Lakh | ||||
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| EBITDA | -₹1.57 Lakh | ||||
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| Net Profit (PAT) | -₹1.7 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | -133.5% | ||||
| Net Profit Margin | -144.4% | ||||
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To see the full financial statements and ratios of Icsa Innovations (OPC) Private Limited, buy the company report.
Board of directors of Icsa Innovations (OPC) Private Limited
Icsa Innovations has 1 director on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kshitij Singh Pipaleshwar | Director | 19 Feb 2016 | 10 Years 8 Months | Current |
Peer comparison
Icsa Innovations (OPC) Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| E-Local Market Private Limited | ₹1.18 Lakh (FY 2019) | -51.0% | Amlidih Raipur, Chhattisgarh, India | |||
| Immerpact Private Limited | ₹1.18 Lakh (FY 2023) | 220.0% | Bengaluru, Karnataka, India | |||
| Techsalutation Services Private Limited | ₹1.18 Lakh (FY 2023) | -89.0% | Pune, Maharashtra, India | |||
| Icsa Innovations (OPC) Private Limitedthis company | ₹1.18 Lakh (FY 2021) | -₹1.7 Lakh | -144.4% | -93.0% | Mumbai, Maharashtra, India | |
| Alokit Innovations Private Limited | ₹1.17 Lakh (FY 2025) | 11648.0% | Thane, Maharashtra, India | |||
| Firesense Technologies (OPC) Private Limited | ₹1.17 Lakh (FY 2025) | -99.0% | Pune, Maharashtra, India | |||
| Img Design Consultants Private Limited | ₹1.17 Lakh (FY 2025) | 15.0% | Lucknow, Uttar Pradesh, India | |||
| Oditech Web Solutions Private Limited | ₹1.17 Lakh (FY 2025) | 53.0% | Bhubaneswar, Odisha, India | |||
| Sbsy India Private Limited | ₹1.17 Lakh (FY 2024) | New Delhi, Delhi, India |
To see the full peer comparison of Icsa Innovations (OPC) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Icsa Innovations (OPC) Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Icsa Innovations (OPC) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Icsa Innovations has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECI0900Q2ZF | Maharashtra | Active | 08 Aug 2019 |
To see the full GST registrations and return filing status of Icsa Innovations (OPC) Private Limited, buy the company report.
Recent activity
Icsa Innovations (OPC) Private Limited has 1 board change on record since 2016: 1 appointment. The latest: Kshitij Singh Pipaleshwar was appointed as Director on 19 Feb 2016.
Frequently asked questions
Icsa Innovations is an active company based in Mumbai, Maharashtra, India. The company works in taxation, within the professional services industry. It was incorporated on 19 February 2016 (10+ years old) and is registered under CIN U74120MH2016OPC273305.
Icsa Innovations has 1 current director:
- Kshitij Singh Pipaleshwar - Director
The latest financial statements of Icsa Innovations on record with the MCA are for the year ended 31 March 2021. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Icsa Innovations is 27AAECI0900Q2ZF, registered in Maharashtra. 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 Icsa Innovations is U74120MH2016OPC273305. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Icsa Innovations was incorporated on 19 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Icsa Innovations by revenue are E-Local Market Private Limited, Immerpact Private Limited, Techsalutation Services Private Limited, Alokit Innovations Private Limited, Firesense Technologies (OPC) Private Limited and 3 more, all in the same principal business activity (other professional, scientific and technical activities).
Kshitij Singh Pipaleshwar was appointed as Director on 19 Feb 2016.
Icsa Innovations can be reached through the website icsa.co.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Icsa Innovations is at B – 32 Varsha New Mandala Anu Shakti Nagar, Mumbai, Maharashtra, India – 400094.
Icsa Innovations operates in the professional services industry, in the taxation segment.

