Icon Petroleum Corporation Limited

Manufacturer of high-quality automotive oils, industrial oils, and allied products with international standards and certifications.

2005 | Bangaluru, Karnataka (India) | Active
Last Updated:

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
Company report

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)

NameDesignationAppointment DateStatus
Usman Sharieff Country flag representing In Managing Director31-Jan-2007Current

Board Members (2)

NameDesignationAppointment DateStatus
Tabassum Sharieff Country flag representing In Director 31-Jan-2005Current
Tanjum Ara Country flag representing In Director 21-Jan-2009Current

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%.

Icon Petroleum Corporation revenue growth over time
Icon Petroleum Corporation 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
-80.25%
Revenue from Operations
55.09%
Total Assets
-8.21%
Profit or Loss
78.00%
Net Worth
0.18%
EBITDA
97.73%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹10.50 Cr

Charges Breakdown by Lending Institutions

  • Others : 10.50 Cr

Latest Charge Details

DateLenderAmountStatus
12 May 2011Others₹10.50 CrSatisfied

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.

Employee growth trends for Icon Petroleum Corporation Limited

Deals i

Graph showing company valuation over time

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

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 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 3 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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