Icon Petroleum Corporation Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 3.74 Cr
- Company Age 20 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 10.50 Cr
- Revenue Growth -80.25%
- Profit Growth 78.00%
- Ebitda 97.73%
- Net Worth 0.18%
- Total Assets -8.21%
About Icon Petroleum Corporation
Icon Petroleum Corporation Limited (IPCL) is a Public Limited Indian Non-Government Company incorporated in India on 31 January 2005 and has a history of 20 years and three months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Oil & Gas 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 5.00 Cr and a paid-up capital of Rs 3.74 Cr.
The company has closed loans amounting to ₹10.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Usman Sharieff, Tabassum Sharieff, and Tanjum Ara 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
U19201KA2005PLC035506
- Company No.
035506
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
31 Jan 2005
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Oil & Gas
Icon Petroleum Corporation Limited
Explore comprehensive data for Icon Petroleum Corporation Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Icon Petroleum Corporation?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Usman Sharieff  | Managing Director | 31-Jan-2007 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Tabassum Sharieff | Director | 31-Jan-2005 | Current |
| Tanjum Ara | Director | 21-Jan-2009 | Current |
Financial Performance of Icon Petroleum Corporation.
Icon Petroleum Corporation Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 80.25% decrease. The company also saw a substantial improvement in profitability, with a 78% increase in profit. The company's net worth moved up by a moderate rise of 0.18%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Icon Petroleum Corporation?
In 2020, Icon Petroleum Corporation had a promoter holding of 45.94% and a public holding of 54.05%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Indo Iran Chamber Of Commerce And IndustryUsman Sharieff is a mutual person
Karol International LlpUsman Sharieff and Tabassum Sharieff are mutual person
- Karol Estates Projects Private Limited
Usman Sharieff is a mutual person
- J.S.T. Gems And Jewellery Private Limited
Tabassum Sharieff is a mutual person
- J.S.T. Finances Private Limited
Tabassum Sharieff is a mutual person
- Hi-Tech Petro Chemicals Limited
Tabassum Sharieff and Tanjum Ara are mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹10.50 Cr
Charges Breakdown by Lending Institutions
- Others : 10.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 May 2011 | Others | ₹10.50 Cr | Satisfied |
How Many Employees Work at Icon Petroleum Corporation?
Icon Petroleum Corporation has a workforce of 6 employees as of Apr 09, 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 Petroleum Corporation, 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 Petroleum Corporation'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.
Latest Updates, News, and FAQs on Icon Petroleum Corporation
Recent activity within the organization
- Annual General Meeting
Icon Petroleum Corporation Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Icon Petroleum Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge registered on 12 May 2011 via Charge ID 10286124 with Others was fully satisfied on 17 Jan 2019.
- Charges
A charge with Others of Rs. 10.50 Cr registered on 12 May 2011 with Charge ID 10286124 was modified on 28 Dec 2017.
- Charges
A charge with Others amounted to Rs. 10.50 Cr with Charge ID 10286124 was registered on 12 May 2011.
- Director Appointment
Tanjum Jahan Ara was appointed as a Director was appointed as a Director on 21 Jan 2009 & has been associated with this company since 16 years 4 months .
Frequently asked questions
What is the Incorporation or founding date of Icon Petroleum Corporation Limited?
Icon Petroleum Corporation Limited was incorporated on 31 Jan 2005.
What is authorized share capital and paid-up capital of Icon Petroleum Corporation Limited?
The authorized share capital of Icon Petroleum Corporation Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.74 Cr.
Who are the current board members & directors of Icon Petroleum Corporation Limited?
Currently 3 directors are associated with Icon Petroleum Corporation Limited.
- Usman Sharieff
- Tabassum Sharieff
- Tanjum Jahan Ara
What is the registered address of Icon Petroleum Corporation Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Icon Petroleum Corporation Limited is Plot No. 6D-6L Kiadb Industrial Area, Hoskote India, Bangalore, Karnataka, 562114.
What is the corporate identification number (CIN) and company number of Icon Petroleum Corporation Limited?
The corporate identification number (CIN) of Icon Petroleum Corporation Limited is U19201KA2005PLC035506 and the company number is 035506 as per Ministry of Corporate Affairs (MCA).
What is the official website of Icon Petroleum Corporation Limited?
The Official website of Icon Petroleum Corporation Limited is https://www.iconpetroleum.co
What has been the recent revenue trend for Icon Petroleum Corporation Limited?
According to the financial reports for the fiscal year 2020, the revenue trend for Icon Petroleum Corporation Limited has fallen by -80.25%.
How many employees does Icon Petroleum Corporation Limited currently have?
As Per 2020 financial reports, 6 employees are currently employed by Icon Petroleum Corporation Limited.
What change has been observed in the net worth of Icon Petroleum Corporation Limited, and by what percentage?
The financial reports for the fiscal year 2020 indicates that The net worth of Icon Petroleum Corporation Limited has experienced an upsurge of 0.18%.
When was the last Balance Sheet of Icon Petroleum Corporation Limited filed with the ROC?
The most recent Balance Sheet for Icon Petroleum Corporation Limited was filed with the ROC on 31 Mar 2024.
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