Icard Solutions (India) Private Limited

Manufactures and distributes ID card printers, software, and accessories for various industries.

2008 | Bangaluru, Karnataka (India) | Active
Last Updated:

Icard Solutions (India) Profile

Key Indicators

  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 2.29 M
  • Company Age 17 Year, 7 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.16 Cr
  • Satisfied Charges ₹ 2.46 Cr
  • Revenue Growth 49.75%
  • Profit Growth 96.86%
  • Ebitda 78.54%
  • Net Worth 88.03%
  • Total Assets 90.82%

About Icard Solutions (India)

Icard Solutions (India) Private Limited (ISIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 March 2008 and has a history of 17 years. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 4.00 M and a paid-up capital of Rs 2.29 M.

The company currently has active open charges totaling ₹1.16 Cr. The company has closed loans amounting to ₹2.46 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sathya Venkatachalaiah and Pushpanjali Kantarajapura serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72211KA2008PTC045707

  • Company No.

    045707

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Mar 2008

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

What products or services does Icard Solutions (India) Private Limited offer?

Icard Solutions (India) Private Limited offers a wide range of products and services, including Printing & Binding Services, Printing Services, Biometrics & Access Control Devices, Smart Cards, Printing Machinery & Equipment, Card Printer, Motifs, Badges, Emblems & Lanyards, ID Card Materials & Accessories, Computer and Mobile Softwares & Apps, Printing Software.

Who are the key members and board of directors at Icard Solutions (India)?

Board Members (2)

NameDesignationAppointment DateStatus
Sathya Venkatachalaiah Country flag representing In Director 20-Mar-2008Current
Pushpanjali Kantarajapura Country flag representing In Director 20-Mar-2008Current

Financial Performance of Icard Solutions (India).

Icard Solutions (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 49.75% increase. The company also saw a substantial improvement in profitability, with a 96.86% increase in profit. The company's net worth Soared by an impressive increase of 88.03%.

Icard Solutions (India) revenue growth over time
Icard Solutions (India) profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
49.75%
Revenue from Operations
49.55%
Total Assets
90.82%
Profit or Loss
96.86%
Net Worth
88.03%
EBITDA
78.54%

What is the Ownership and Shareholding Structure of Icard Solutions (India)?

In 2023, Icard Solutions (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹11.59 M

Satisfied Charges

₹24.57 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.79 Cr
  • Axis Bank Limited : 0.25 Cr
  • Reliance Capital Ltd : 0.12 Cr

Latest Charge Details

DateLenderAmountStatus
23 Feb 2024Hdfc Bank Limited₹7.90 MOpen
29 Feb 2016Reliance Capital Ltd₹1.19 MOpen
26 Aug 2008Axis Bank Limited₹2.50 MOpen
19 Sep 2022Hdfc Bank Limited₹1.00 MSatisfied
15 Jul 2021Hdfc Bank Limited₹2.00 CrSatisfied

How Many Employees Work at Icard Solutions (India)?

Icard Solutions (India) has a workforce of 26 employees as of Mar 28, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Icard Solutions (India) Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Icard Solutions (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Icard Solutions (India)'s trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Icard Solutions (India)

Recent activity within the organization

  • Annual General Meeting

    Icard Solutions (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Icard Solutions (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 7.90 M with Charge ID 100878785 was registered on 23 Feb 2024.

  • Charges

    A charge registered on 15 Jul 2021 via Charge ID 100462285 with Hdfc Bank Limited was fully satisfied on 16 Nov 2023.

  • Charges

    A charge registered on 19 Sep 2022 via Charge ID 100613750 with Hdfc Bank Limited was fully satisfied on 07 Sep 2023.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.00 M with Charge ID 100613750 was registered on 19 Sep 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Icard Solutions (India) Private Limited?

    Icard Solutions (India) Private Limited was incorporated on 20 Mar 2008.

  • What is authorized share capital and paid-up capital of Icard Solutions (India) Private Limited?

    The authorized share capital of Icard Solutions (India) Private Limited is ₹ 4.00 M and paid-up capital is ₹ 2.29 M.

  • Who are the current board members & directors of Icard Solutions (India) Private Limited?

    Currently 2 directors are associated with Icard Solutions (India) Private Limited.

    • Sathya Narayana Muniswmaiah Venkatachalaiah
    • Pushpanjali Nagaraju Kantarajapura
  • What is the registered address of Icard Solutions (India) Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Icard Solutions (India) Private Limited is 50 Second Floor 10Th Cross Cbi Main Road Ganganagar, India, Bangalore, Karnataka, 560032.

  • What is the corporate identification number (CIN) and company number of Icard Solutions (India) Private Limited?

    The corporate identification number (CIN) of Icard Solutions (India) Private Limited is U72211KA2008PTC045707 and the company number is 045707 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Icard Solutions (India) Private Limited?

    The Official website of Icard Solutions (India) Private Limited is https://www.icardsolutions.com

  • What has been the recent revenue trend for Icard Solutions (India) Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Icard Solutions (India) Private Limited has risen by 49.75%.

  • How many employees does Icard Solutions (India) Private Limited currently have?

    As Per 2023 financial reports, 26 employees are currently employed by Icard Solutions (India) Private Limited.

  • What change has been observed in the net worth of Icard Solutions (India) Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Icard Solutions (India) Private Limited has experienced an upsurge of 88.03%.

  • What are the total open charges for Icard Solutions (India) Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Icard Solutions (India) Private Limited amount to ₹ 1.16 Cr.

  • When was the last Balance Sheet of Icard Solutions (India) Private Limited filed with the ROC?

    The most recent Balance Sheet for Icard Solutions (India) Private Limited was filed with the ROC on 31 Mar 2024.

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