About Ikon Technologies India Private Limited
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Ikon Technologies India Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 08 January 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U51101TG2016PTC102643. Its GSTIN is 36AAECI0196E2ZP (Telangana). The company holds 7 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹95 Lakh. It is led by directors including Venkat Rao Kovelamudi (Managing Director) and Namarta Bagri.
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 H.No.2 – 56/2 – 33 Plot No.1303 Sy.No.11 Khanamet Ayyappa Society Madhapur, Hyderabad, Telangana, India – 500081.
As per the financials filed for FY 2024, the company reported a revenue of ₹176.45 Cr. For the same year it recorded a net profit of ₹60.82 Lakh (net margin 0.3%) and EBITDA of ₹4.73 Cr (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 16% over five years.
The company has about 31 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Minte. As per MCA filings, the company has open charges of ₹31 Cr and satisfied charges of ₹43.08 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 2 cases are pending. The company has 7 deals on record (4 secondary share transfers, 2 rights issues, 1 funding round), with disclosed funding of ₹3.24 Cr; the latest was in June 2023.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website minte.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressH.No.2 – 56/2 – 33 Plot No.1303 Sy.No.11 Khanamet Ayyappa Society Madhapur, Hyderabad, Telangana, India – 500081
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Ikon Technologies India Private Limited
The main business activity of Ikon Technologies India is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ikon Technologies India Private Limited FY 2024 filings available
Ikon Technologies India Private Limited reported revenue of ₹176.45 Cr for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ikon Technologies India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years. EBITDA rose 3% 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 of Ikon Technologies India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹4.73 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹60.82 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Ikon Technologies India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ikon Technologies India are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Ikon Technologies India Private Limited
Ikon Technologies India Private Limited is audited by PAVULURI & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PAVULURI & Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ikon Technologies India Private Limited
Ikon Technologies India has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Namarta Bagri | Additional Director | 28 Mar 2025 | 1 Years 6 Months | Current |
| Pradeep Talikoti | Additional Director | 26 Aug 2024 | 2 Years 1 Months | Current |
| Naik Prashant | Additional Director | 26 Aug 2024 | 2 Years 1 Months | Current |
| Venkat Rao Kovelamudi Also directs: Ikon Visions Private Limited, Flashgard Private Limited, Sai Vardhan Associates Private Limited and 1 more | Managing Director | 08 Jan 2016 | 10 Years 8 Months | Current |
Ownership and Shareholding of Ikon Technologies India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ikon Technologies India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Jul 2025 | Others | ₹2 Cr | Open |
| 14 Jul 2025 | Others | ₹3 Cr | Open |
| 20 Mar 2023 | Others | ₹26 Cr | Open |
| 18 Mar 2025 | Others | ₹2 Cr | Satisfied |
| 29 Oct 2024 | Others | ₹4.8 Cr | Satisfied |
Total charge records: 16 View all charges
Deals & Funding of Ikon Technologies India Private Limited
Ikon Technologies India Private Limited has 7 deals on record (4 secondary share transfers, 2 rights issues, 1 funding round), with disclosed funding of ₹3.24 Cr; the latest was in June 2023.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2023 | Secondary share transfer | Buyer: an individual Seller: an individual | |
| Mar 2023 | Secondary share transfer | Buyer: an individual Seller: an individual | |
| Mar 2023 | Secondary share transfer | Buyer: an individual Seller: an individual | |
| Mar 2022 | Secondary share transfer | Buyer: 4 individuals Seller: Sai Vardhan Associates Private Limited , 2 individuals | |
| Feb 2017 | Rights issue | ₹13.5 Lakh | Investors: Sai Vardhan Associates Private Limited |
Full deal history
All 7 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Ikon Technologies India Private Limited
Ikon Technologies India Private Limited has 2 court cases on record: 1 filed by Ikon Technologies India, 1 filed against it. All cases are pending. Status as checked between 23 Sep 2026 and 30 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
| District courts | 1 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Incred Financial Services Limited | Pending |
| High Court for State of Telangana | Writ petition | Filed by the company against Assistant Commissioner (Ct)-I | Pending |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Competitors & Alternatives of Ikon Technologies India Private Limited
Brands and companies operating in the same space as Ikon Technologies India Private Limited include Cashify, Budli, ReFit Global and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Cashify | Refurbished and new gadgets are offered through an online marketplace. | Gurugram, India | 2009 |
 Budli | Refurbished electronics are bought and sold through a recommerce platform. | Bengaluru, India | 2013 |
 ReFit Global | Refurbished consumer electronics are sold via an online platform. | Delhi, India | 2018 |
 Digi2L | Appliance exchange services are offered for electronics and home devices. | Mumbai, India | 2021 |
 Yibeal | Refurbished electronics are offered for purchase on an online platform. | Kolkata, India | 2016 |
 Cashforphone | Operates a digital hub for selling pre-owned and refurbished electronic products. | Delhi, India | 2017 |
 ValueCart | An online store specializing in unused, unboxed, and refurbished mobile phones. | Bengaluru, India | 2015 |
 2GUD | App-based platform for purchasing refurbished products. | Bengaluru, India | 2014 |
Employees and EPFO Compliance at Ikon Technologies India Private Limited
Ikon Technologies India Private Limited has a workforce of 31 employees as of Apr 09, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Ikon Technologies India Private Limited
Credit Ratings, Litigation & Regulatory Alerts for Ikon Technologies India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Ikon Technologies India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ikon Technologies India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ikon Technologies India Private Limited
Ikon Technologies India has 7 GST registrations: 5 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAECI0196E2ZP | Telangana | Active | 01 Jul 2017 |
| 29AAECI0196E1ZL | Karnataka | Active | 01 Jul 2017 |
| 33AAECI0196E1ZW | Tamil Nadu | Active | 01 Jul 2017 |
| 06AAECI0196E1ZT | Haryana | Active | 30 Jun 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ikon Technologies India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ikon Technologies India Private Limited
Ikon Technologies India is an active private limited company based in Hyderabad, Telangana, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 08 January 2016 (10+ years old) and is registered under CIN U51101TG2016PTC102643.
Ikon Technologies India reported revenue of ₹176.45 Cr for FY 2024.
Ikon Technologies India has 4 current directors:
- Venkat Rao Kovelamudi - Managing Director
- Namarta Bagri - Additional Director
- Pradeep Talikoti - Additional Director
- Naik Prashant - Additional Director
Ikon Technologies India reported a net profit of ₹60.82 Lakh (net margin 0.3%) and EBITDA of ₹4.73 Cr (EBITDA margin 2.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ikon Technologies India is 16% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ikon Technologies India is 36AAECI0196E2ZP, registered in Telangana. The company has 7 GST registrations in all, of which 5 are active and 2 are cancelled or inactive. Other active GSTINs include 29AAECI0196E1ZL (Karnataka), 33AAECI0196E1ZW (Tamil Nadu), 06AAECI0196E1ZT (Haryana).
The CIN (Corporate Identification Number) of Ikon Technologies India is U51101TG2016PTC102643. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ikon Technologies India has 2 court cases on record: 1 filed by the company and 1 filed against it. 2 are pending. Most are in the high courts.
Ikon Technologies India was incorporated on 08 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Hyderabad.