Ikon Plastics Private Ltd.
About Ikon Plastics Private Ltd.
Data last updated:
Ikon Plastics Private Ltd. was a private limited company based in New Delhi, Delhi, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the rubber and products segment of the manufacturing sector. It was incorporated on 27 August 1987.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1987PTC029026.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4.18 Lakh. It was led by directors Nidhi Mithal and Manoj Mithal.
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 was at F – 10/13, New Delhi, Delhi, India – 110057.
As per the financials filed for FY 2022, the company reported a revenue of ₹63.86 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹38.75 Lakh (net margin 60.7%) and EBITDA of ₹45.42 Lakh (EBITDA margin 71.1%). Revenue has grown at a compounded annual rate (CAGR) of 264% over three years and 114% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
Company details
CIN history
Ikon Plastics has one previous CIN (Corporate Identification Number): U74899DL1992PTC029026. The current CIN is U74899DL1987PTC029026, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899DL1987PTC029026 | Current |
| U74899DL1992PTC029026 | Previous |
Contact details
Ikon Plastics Private Ltd.'s registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressF – 10/13, New Delhi, Delhi, India – 110057
- IndustryManufacturing, Rubber & Products, Plastic-Based Products
To see the full contact details of Ikon Plastics Private Ltd., 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 Ikon Plastics is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
Financials of Ikon Plastics Private Ltd.
FY 2022 filings availableIkon Plastics Private Ltd. reported revenue of ₹63.86 Lakh (up 19252% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 114% over five years. EBITDA rose 698% 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 | ₹63.86 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹45.42 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹38.75 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 | 71.1% | ||||
| Net Profit Margin | 60.7% | ||||
| 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 Plastics Private Ltd., buy the company report.
Board of directors of Ikon Plastics Private Ltd.
Ikon Plastics has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nidhi Mithal | Director | 20 Sep 1989 | 37 Years 1 Months | As last reported |
| Manoj Mithal | Director | 27 Aug 1987 | 39 Years 2 Months | As last reported |
Peer comparison
Ikon Plastics Private Ltd. is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products, Rubber), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Biotec Bags India Private Limited | ₹64.12 Lakh (FY 2024) | -21.0% | Chennai, Tamil Nadu, India | |||
| Ikon Plastics Private Ltd.this company | ₹63.86 Lakh (FY 2022) | ₹38.75 Lakh | 60.7% | 19252.0% | New Delhi, Delhi, India | |
| Lemmurian Poly Manufacturers Private Limited | ₹63.84 Lakh (FY 2021) | 30.0% | Vayalur, Tamil Nadu, India | |||
| Sapphire Oil Industries Ltd. | ₹63.83 Lakh (FY 2018) | 432.0% | Assam, India | |||
| VRW Rubber Industries Private Limited | ₹63.63 Lakh (FY 2025) | 37.0% | Mumbai, Maharashtra, India | |||
| Bragia Plastic (OPC) Private Limited | ₹63.52 Lakh (FY 2025) | 32.0% | Meerut, Uttar Pradesh, India |
To see the full peer comparison of Ikon Plastics Private Ltd., buy the company report.
Auditor
Ikon Plastics Private Ltd. is audited by AAJV AND ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AAJV AND ASSOCIATES | FY 2022 | 007739N |
Shareholding
The shareholding of Ikon Plastics Private Ltd. is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ikon Plastics Private Ltd., buy the company report.
Legal cases
Ikon Plastics Private Ltd. has 1 court case on record: 1 filed by Ikon Plastics. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, HARYANA | Revision petition | Filed by the company against M/S Indus Firms Pvt. Ltd. and Anr. | Disposed |
To see the full case history of Ikon Plastics Private Ltd., 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 Plastics Private Ltd.; 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 Plastics Private Ltd.; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ikon Plastics Private Ltd. has 2 board changes on record since 1987: 2 appointments. The latest: Nidhi Mithal was appointed as Director on 20 Sep 1989.
Frequently asked questions
Ikon Plastics has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Ikon Plastics was a private limited company based in New Delhi, Delhi, India. The company worked in rubber and products, within the manufacturing industry. It was incorporated on 27 August 1987 and is registered under CIN U74899DL1987PTC029026. The company has been struck off by the Registrar of Companies and is no longer operational.
Ikon Plastics had 2 directors:
- Nidhi Mithal - Director
- Manoj Mithal - Director
The CIN (Corporate Identification Number) of Ikon Plastics is U74899DL1987PTC029026. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Ikon Plastics is at F – 1013, New Delhi, Delhi, India – 110057.
Ikon Plastics was incorporated on 27 August 1987. It is registered with the Registrar of Companies, Delhi.
The latest financial statements of Ikon Plastics 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 2015 are in the company report.
Ikon Plastics operated in the manufacturing industry, in the rubber and products segment. It worked in this industry before it was struck off.
The peers of Ikon Plastics by revenue are Biotec Bags India Private Limited, Lemmurian Poly Manufacturers Private Limited, Sapphire Oil Industries Ltd, VRW Rubber Industries Private Limited, Bragia Plastic (OPC) Private Limited, all in the Manufacturing industry (Plastic Based Products, Rubber), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Ikon Plastics has 1 court case on record: 1 filed by the company.
Nidhi Mithal was appointed as Director on 20 Sep 1989. Manoj Mithal was appointed as Director on 27 Aug 1987.
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