Icon Petroleum Corporation Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 3.74 Cr
- Company Age 20 Year, 21 Days
- Last Filing with ROC 31 Mar 2023
- 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. Its registered office is in Bangalore Rural, Karnataka, India.
The Company is engaged in the Chemicals And Resources Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. 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
Bangalore Rural, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U02320KA2005PLC035506
- Company No.
035506
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
31 Jan 2005
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
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)
₹0
₹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.
