MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-DL-08-0006548
Ikon Retail Private Limited - manufacturing in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹101.46 Cr
▼ 5% YoY
Net profit · FY 2025
₹2.4 Cr
Net margin 2.4%
EBITDA · FY 2025
₹5.16 Cr
EBITDA margin 5.1%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹2.5 Cr
Issued & subscribed
Open charges
₹12 Cr
Secured borrowings
Company age
20 yrs
Est. 2006
Employees · EPFO
223
Provident fund records
About Ikon Retail Private Limited
Data last updated:
Ikon Retail Private Limited is a private unlimited liabilities company based in New Delhi, Delhi, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 01 July 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74996DL2006ULT150458. Its GSTIN is 07AABCI5529C1ZV (Delhi). The company holds 15 GST registrations, of which 11 are active.
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 including Rahul Bhalla and Saurabh Jhingan.
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 F – 90/2 Okhla Industrial Area Ph – I, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2025, the company reported a revenue of ₹101.46 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹2.4 Cr (net margin 2.4%) and EBITDA of ₹5.16 Cr (EBITDA margin 5.1%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 1% over five years.
The company has about 223 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹12 Cr on record. Court records list 13 cases involving the company, including 3 filed by the company and 10 filed against it; 1 case is pending. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹2.49 Cr; the latest was in March 2019.
Ikon Retail Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-08-0006548). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website latin-quarters.com.
Company details
CIN U74996DL2006ULT150458
Registration Number 150458
Incorporation Date 01 July 2006
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-DL-08-0006548
Recognitions & Rankings of Ikon Retail
Contact details
Ikon Retail Private Limited's registered office is in New Delhi, Delhi. Its website is latin-quarters.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressF – 90/2 Okhla Industrial Area Ph – I, New Delhi, Delhi, India – 110020
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Ikon Retail Private Limited, buy the company report.
Comprehensive company report
Ikon Retail 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Ikon Retail is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Ikon Retail Private Limited, buy the company report.
Financials of Ikon Retail Private Limited
FY 2025 filings availableIkon Retail Private Limited reported revenue of ₹101.46 Cr (down 5% YoY) for FY 2025.
Revenue · FY 2025
₹101.46 Cr ▼ 5%
Net profit · FY 2025
₹2.4 Cr margin 2.4%
EBITDA · FY 2025
₹5.16 Cr margin 5.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 18%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▼ 32%
3 years · compounded
▲ 7%
5 years · compounded
▼ 14%
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹5.16 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.4 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.1% | ||||
| Net Profit Margin | 2.4% | ||||
| 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 Retail Private Limited, buy the company report.
Board of directors of Ikon Retail Private Limited
Ikon Retail has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Bhalla | Director | 01 Jul 2006 | 20 Years 4 Months | Current |
| Saurabh Jhingan | Director | 01 Jul 2006 | 20 Years 4 Months | Current |
| Chand Bhalla Also directs: Jai Durga Lubricants LLP, Newgenfab Clothing Garments Trading Private Limited, Sapphire Diamond Exports LLP and 2 more | Director | 01 Jul 2006 | 20 Years 4 Months | Current |
Auditor
Ikon Retail Private Limited is audited by S. Malhotra & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. Malhotra & Co. | FY 2023 | 006685N |
Shareholding
The shareholding of Ikon Retail Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ikon Retail Private Limited, buy the company report.
Charges & borrowings
Open charges
₹12 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Apr 2018 | 100178396 | Hdfc Bank Limited | ₹12 Cr | Open |
To see the full charge records of Ikon Retail Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Ikon Retail Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹2.49 Cr; the latest was in March 2019.
Total deals
2
Funding rounds
2
Disclosed funding
₹2.49 Cr
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Funding round | ₹1.5 Cr | Investors: 3 individuals |
| Mar 2008 | Funding round | ₹98.9 Lakh | Investors: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ikon Retail Private Limited has 13 court cases on record: 3 filed by Ikon Retail, 10 filed against it. 1 case is pending and 12 are disposed.
Total cases
13
Filed by the company
3
Filed against the company
10
Pending
1
Disposed
12
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 10 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kamrup Metro, Assam | Court case (Complaint Case C.R.) | Filed against the company by Mukand Infotel Pvt. Ltd. | Disposed |
| District court, Chandigarh | Cheque dishonour complaint | Filed against the company by State Through Shop Inspector | Pending |
| District court, Central, Delhi | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| District court, Central, Delhi | Court case (L I R) | Filed against the company by an individual | Disposed |
| District court, Lucknow, Uttar Pradesh | Arbitration matter | Filed against the company by an individual | Disposed |
To see the full case history of Ikon Retail 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 Retail Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ikon Retail Private Limited has a workforce of 223 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
Employee count
223
Active EPFO establishments
1
Employee growth
8.25%
GST
Ikon Retail has 15 GST registrations: 11 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
15
Active
11
Cancelled / inactive
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCI5529C1ZV | Delhi | Active | 01 Jul 2017 |
| 07AABCI5529C2ZU | Delhi | Active | 24 Mar 2025 |
| 08AABCI5529C1ZT | Rajasthan | Active | 01 Jul 2017 |
| 19AABCI5529C1ZQ | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ikon Retail Private Limited, buy the company report.
Recent activity
Ikon Retail Private Limited has 3 board changes on record since 2006: 3 appointments. The latest: Chand Bhalla was appointed as Director on 01 Jul 2006.
AGM
Ikon Retail Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ikon Retail Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
A charge with Hdfc Bank Limited of Rs. 12.00 Cr registered on 26 Apr 2018 with Charge ID 100178396 was modified on 01 Nov 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 12.00 Cr with Charge ID 100178396 was registered on 26 Apr 2018.
Appointed
Chand Bhalla was appointed as Director.
Appointed
Rahul Bhalla was appointed as Director.
Appointed
Saurabh Jhingan was appointed as Director.
Incorporation
01 Jul 2006
Ikon Retail Private Limited was registered on 01 Jul 2006 with Roc Delhi & aged 20 years 4 months as per MCA records.
Frequently asked questions
Ikon Retail is an active private unlimited liabilities company based in New Delhi, Delhi, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 01 July 2006 (20+ years old) and is registered under CIN U74996DL2006ULT150458.
Ikon Retail has 3 current directors:
- Rahul Bhalla - Director
- Saurabh Jhingan - Director
- Chand Bhalla - Director
The latest financial statements of Ikon Retail 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 Ikon Retail is 07AABCI5529C1ZV, registered in Delhi. The company has 15 GST registrations in all, of which 11 are active and 4 are cancelled or inactive. Other active GSTINs include 07AABCI5529C2ZU (Delhi), 08AABCI5529C1ZT (Rajasthan), 19AABCI5529C1ZQ (West Bengal).
The CIN (Corporate Identification Number) of Ikon Retail is U74996DL2006ULT150458. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ikon Retail has 13 court cases on record: 3 filed by the company and 10 filed against it. 1 is pending. Most are in the district courts.
Ikon Retail was incorporated on 01 July 2006, making it 20+ years old. It is registered with the Registrar of Companies, Delhi.
Ikon Retail has 2 deals on record (2 funding rounds), with disclosed funding of ₹2.49 Cr; the latest was in March 2019.
Chand Bhalla was appointed as Director on 01 Jul 2006. Rahul Bhalla was appointed as Director on 01 Jul 2006. Saurabh Jhingan was appointed as Director on 01 Jul 2006.
Yes, Ikon Retail is registered as a medium enterprise under Udyam registration (number: UDYAM-DL-08-0006548).
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