MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-UP-29-0003890
Ikon Lubes (India) Private Limited - automotive in Ghaziabad, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹19.7 Cr
▲ 26% YoY
Net profit · FY 2022
₹7.4 Lakh
Net margin 0.4%
EBITDA · FY 2022
₹35.72 Lakh
EBITDA margin 1.8%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹2.5 Cr
Issued & subscribed
Satisfied charges
₹4.73 Cr
No open charges
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
About Ikon Lubes (India) Private Limited
Data last updated:
Ikon Lubes (India) Private Limited is a private limited company based in Ghaziabad, Uttar Pradesh, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 21 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U23201UP2017PTC099571. Its GSTIN is 09AAECI7159M1ZX (Uttar Pradesh).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.5 Cr. It is led by directors Rishu Goyal and Sunita Goyal.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Ao – 263 Amrit Steel Compound South Side Gt Road Industrial Area, Ghaziabad, Uttar Pradesh, India – 201001.
As per the financials filed for FY 2022, the company reported a revenue of ₹19.7 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹7.4 Lakh (net margin 0.4%) and EBITDA of ₹35.72 Lakh (EBITDA margin 1.8%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years.
As per MCA filings, the company has satisfied charges of ₹4.73 Cr on record. Court records list 7 cases involving the company, including 6 filed by the company and 1 filed against it; 1 case is pending.
Ikon Lubes (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-29-0003890). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ikonlubesindia.com.
Company details
CIN U23201UP2017PTC099571
Registration Number 099571
Incorporation Date 21 December 2017
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-UP-29-0003890
Key People
Rishu Goyal Director Sunita Goyal Director Recognitions & Rankings of Ikon Lubes (India)
Contact details
Ikon Lubes (India) Private Limited's registered office is in Ghaziabad, Uttar Pradesh. Its website is ikonlubesindia.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressAo – 263 Amrit Steel Compound South Side Gt Road Industrial Area, Ghaziabad, Uttar Pradesh, India – 201001
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Ikon Lubes (India) Private Limited, buy the company report.
Comprehensive company report
Ikon Lubes (India) 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 Ikon Lubes (India) is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Ikon Lubes (India) Private Limited, buy the company report.
Financials of Ikon Lubes (India) Private Limited
FY 2022 filings availableIkon Lubes (India) Private Limited reported revenue of ₹19.7 Cr (up 26% YoY) for FY 2022.
Revenue · FY 2022
₹19.7 Cr ▲ 26%
Net profit · FY 2022
₹7.4 Lakh margin 0.4%
EBITDA · FY 2022
₹35.72 Lakh margin 1.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 26%
3 years · compounded
▲ 27%
EBITDA CAGR growth
1 year
▲ 58%
3 years · compounded
▲ 91%
Revenue has grown at a compounded annual rate (CAGR) of 27% over three years, including 26% growth in the latest year. EBITDA rose 58% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹19.7 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹35.72 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.4 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.8% | ||||
| Net Profit Margin | 0.4% | ||||
| 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 Lubes (India) Private Limited, buy the company report.
Board of directors of Ikon Lubes (India) Private Limited
Ikon Lubes (India) has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rishu Goyal | Director | 21 Dec 2017 | 8 Years 10 Months | Current |
| Sunita Goyal | Director | 21 Dec 2017 | 8 Years 10 Months | Current |
Auditor
Ikon Lubes (India) Private Limited is audited by R K GOYAL & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R K GOYAL & ASSOCIATES | FY 2022 | 020405C |
Shareholding
The shareholding of Ikon Lubes (India) Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ikon Lubes (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹4.73 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Dec 2021 | 100517380 | Axis Bank Limited | ₹3 Cr | Satisfied | |
| 15 Feb 2020 | 100324890 | Axis Bank Limited | ₹1.73 Cr | Satisfied |
To see the full charge records of Ikon Lubes (India) Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Ikon Lubes (India) Private Limited has 7 court cases on record: 6 filed by Ikon Lubes (India), 1 filed against it. 1 case is pending and 6 are disposed.
Total cases
7
Filed by the company
6
Filed against the company
1
Pending
1
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 0 | 0 |
| District courts | 1 | 1 | 1 |
Cases on record (2 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Yes Bank Ltd. | Pending |
| High Court, UTTARPRADESH | Court case (WTAX) | Filed by the company against State of U.P. and Another and 1 other | Disposed |
To see the full case history of Ikon Lubes (India) 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 Lubes (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ikon Lubes (India) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAECI7159M1ZX | Uttar Pradesh | Active | 11 Jan 2018 |
To see the full GST registrations and return filing status of Ikon Lubes (India) Private Limited, buy the company report.
Recent activity
Ikon Lubes (India) Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Rishu Goyal was appointed as Director on 21 Dec 2017.
Charges
A charge registered on 31 Dec 2021 via Charge ID 100517380 with Axis Bank Limited was fully satisfied on 15 Feb 2023.
AGM
Ikon Lubes (India) Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Ikon Lubes (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Kanpur.
Charges
A charge with Axis Bank Limited of Rs. 3.00 Cr registered on 31 Dec 2021 with Charge ID 100517380 was modified on 01 Feb 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 3.00 Cr with Charge ID 100517380 was registered on 31 Dec 2021.
Charges
A charge registered on 15 Feb 2020 via Charge ID 100324890 with Axis Bank Limited was fully satisfied on 23 Feb 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 1.73 Cr with Charge ID 100324890 was registered on 15 Feb 2020.
Appointed
Rishu Goyal was appointed as Director.
Appointed
Sunita Goyal was appointed as Director.
Incorporation
21 Dec 2017
Ikon Lubes (India) Private Limited was registered on 21 Dec 2017 with Roc Kanpur & aged 8 years 10 months as per MCA records.
Frequently asked questions
Ikon Lubes (India) is an active private limited company based in Ghaziabad, Uttar Pradesh, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 21 December 2017 (9+ years old) and is registered under CIN U23201UP2017PTC099571.
Ikon Lubes (India) has 2 current directors:
- Rishu Goyal - Director
- Sunita Goyal - Director
The latest financial statements of Ikon Lubes (India) on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Ikon Lubes (India) is 09AAECI7159M1ZX, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Ikon Lubes (India) is U23201UP2017PTC099571. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ikon Lubes (India) has 7 court cases on record: 6 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Ikon Lubes (India) was incorporated on 21 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Kanpur.
Rishu Goyal was appointed as Director on 21 Dec 2017. Sunita Goyal was appointed as Director on 21 Dec 2017.
Yes, Ikon Lubes (India) is registered as a small enterprise under Udyam registration (number: UDYAM-UP-29-0003890).
Ikon Lubes (India) can be reached through the website ikonlubesindia.com. Its registered office is in Ghaziabad, Uttar Pradesh, India.