
Ikon Commercial Projects Private Limited
About Ikon Commercial Projects Private Limited
Data last updated:
Ikon Commercial Projects Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 20 December 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70200KA2004PTC035273.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹11.42 Lakh. It is led by directors Chennigappa Murthy Gangadhara and Kusuma Ramakrishnappa.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.322 3rd A Cross 2nd Block 3rd Stage Basaveshwaranagar, Bangalore, Karnataka, India – 560076.
As per MCA filings, the company has satisfied charges of ₹34 Cr on record. Court records list 11 cases involving the company, including 2 filed by the company and 9 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ikon Commercial Projects Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.322 3rd A Cross 2nd Block 3rd Stage Basaveshwaranagar, Bangalore, Karnataka, India – 560076
- IndustryReal Estate, Real Estate Leasing, Contractual Work
To see the full contact details of Ikon Commercial Projects 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
Financials of Ikon Commercial Projects Private Limited
FY 2024 filings availableFinancial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| 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 | |||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | |||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | |||
| Net Profit Margin | |||
| 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 Ikon Commercial Projects Private Limited, buy the company report.
Board of directors of Ikon Commercial Projects Private Limited
Ikon Commercial Projects has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chennigappa Murthy Gangadhara Also directs: Qualitech Precision Industries LLP | Director | 17 Jul 2024 | 2 Years 3 Months | Current |
| Kusuma Ramakrishnappa | Director | 17 Jul 2024 | 2 Years 3 Months | Current |
Auditor
Ikon Commercial Projects Private Limited is audited by SSB & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SSB & ASSOCIATES | FY 2017 | 010372S |
Shareholding
The shareholding of Ikon Commercial Projects 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 category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ikon Commercial Projects Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Feb 2006 | 80009015 | Andhra Bank | ₹34 Cr | Satisfied |
To see the full charge records of Ikon Commercial Projects Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Ikon Commercial Projects Private Limited has 11 court cases on record: 2 filed by Ikon Commercial Projects, 9 filed against it. 4 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 7 | 2 |
| District courts | 4 | 2 | 2 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company | Pending |
| High Court of Karnataka | Arbitration matter | Filed against the company | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against individuals | Pending |
| High Court of Karnataka | Writ petition | Filed against the company | Disposed |
To see the full case history of Ikon Commercial Projects 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 Ikon Commercial Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Ikon Commercial Projects Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ikon Commercial Projects Private Limited has 6 board changes on record since 2019: 2 appointments and 4 cessations. The latest: Gangadhara Murthy Mohan Kumar ceased to be Director on 18 Sep 2024.
Frequently asked questions
Ikon Commercial Projects is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 20 December 2004 (22+ years old) and is registered under CIN U70200KA2004PTC035273.
Ikon Commercial Projects has 2 current directors:
- Chennigappa Murthy Gangadhara - Director
- Kusuma Ramakrishnappa - Director
The latest financial statements of Ikon Commercial Projects on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Ikon Commercial Projects is U70200KA2004PTC035273. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ikon Commercial Projects has 11 court cases on record: 2 filed by the company and 9 filed against it. 4 are pending. Most are in the high courts.
Ikon Commercial Projects was incorporated on 20 December 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.
Gangadhara Murthy Mohan Kumar ceased to be Director on 18 Sep 2024. Gangadhara Murthy Yashus Kumar ceased to be Director on 18 Sep 2024. Chennigappa Murthy Gangadhara was appointed as Director on 17 Jul 2024. Ikon Commercial Projects has 6 board changes on record in total.
The registered office of Ikon Commercial Projects is at No.322 3rd A Cross 2nd Block 3rd Stage Basaveshwaranagar, Bangalore, Karnataka, India – 560076.
Ikon Commercial Projects operates in the real estate industry, in the real estate leasing segment.
Ikon Commercial Projects has no open charges and satisfied charges of ₹34 Cr as per latest MCA filings.