Icon Design Automation Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.50 Cr
- Company Age 27 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 15.14 Cr
- Satisfied Charges ₹ 5.33 Cr
- Revenue Growth -45.97%
- Profit Growth -35.67%
- Ebitda 3.03%
- Net Worth 5.40%
- Total Assets 23.07%
About Icon Design Automation
Icon Design Automation Private Limited (IDAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 April 1997 and has a history of 27 years and ten months. 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 1.50 Cr and a paid-up capital of Rs 1.50 Cr.
The company currently has active open charges totaling ₹15.14 Cr. The company has closed loans amounting to ₹5.33 Cr, as per Ministry of Corporate Affairs (MCA) records.
Varalakshmi Ramachandra, Arun Chandra, Ramachandra Swamynathanmudaliar, and One other member 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
U30009KA1997PTC022104
- Company No.
022104
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 Apr 1997
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
What products or services does Icon Design Automation Private Limited offer?
Icon Design Automation Private Limited offers a wide range of products and services, including Turnkey Solutions, Technology Solution Provider, IT Solutions, Automation Solutions.
Who are the key members and board of directors at Icon Design Automation?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Varalakshmi Ramachandra  | Managing Director | 15-Apr-2006 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Arun Chandra | Whole-Time Director | 15-Apr-2006 | Current |
| Ramachandra Swamynathanmudaliar | Whole-Time Director | 10-Jul-2013 | Current |
| Basavaraju Noolvi | Director | 31-Jan-2014 | Current |
Financial Performance of Icon Design Automation.
Icon Design Automation Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 45.97% decrease. The company also saw a substantial fall in profitability, with a 35.67% decrease in profit. The company's net worth moved up by a moderate rise of 5.4%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Icon Design Automation?
In 2023, Icon Design Automation had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Mwicon Semiconductors Private LimitedBasavaraju Noolvi is a mutual person
Charges (Loans)
₹15.14 Cr
₹5.33 Cr
Charges Breakdown by Lending Institutions
- Indian Bank : 15.14 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Sep 2019 | Indian Bank | ₹2.45 M | Open |
| 17 Feb 2016 | Indian Bank | ₹14.34 Cr | Open |
| 23 Sep 2004 | Indian Bank | ₹2.75 M | Open |
| 23 Sep 2004 | Indian Bank | ₹2.75 M | Open |
| 20 Aug 2014 | Corporation Bank | ₹5.25 Cr | Satisfied |
How Many Employees Work at Icon Design Automation?
Icon Design Automation has a workforce of 17 employees as of Apr 10, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Icon Design Automation, 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 Icon Design Automation's trajectory.
Rating
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
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.
