Icon Polymers Private Limited - Due diligence report

A 360° intelligence report on Icon Polymers Private Limited: trust score, financial health, credit view, compliance, directors, growth and d…

2007-09-13 Mumbai, Maharashtra Active Unlisted Active Compliant
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IP Icon Polymers Private Limited
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Icon Polymers Private Limited — 360° Intelligence Report

Generated from MCA filings & public records
75/100
Trust Score
Low Risk

Icon Polymers Private Limited is assessed as Low Risk with a Trust Score of 75/100. Icon Polymers Private Limited is an active private limited indian non-government company incorporated in 2007, operating in the Financial Services sector. Reported revenue has declined across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and high financial risk profile.

Report generated on 03 Aug 2026 from the latest processed filings. Icon Polymers Private Limited snapshot & full profile →

Financial Health › Weak
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
75/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
100/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
40/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
60/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
85/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
50/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
55/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

Get full access

Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 60/100 Moderate
  • Negative operating earnings - debt service depends on external support.
  • No open charges - unencumbered balance sheet.
  • Working-capital cover adequate.
  • Profitable - internal accruals available.

Charges position: 0 open (-) · 0 satisfied (-).

Compliance Score: 100/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • 1 active GST registration(s).
05

Director Intelligence

Stability score: 85/100
NameDIN / PANDesignationAppointedTenureDIN status
SUNIL MISHRILAL SHARMA 01234567 Director 01/04/2018 6 yrs Approved
AJAY SURESHKUMAR GUPTA 01234567 Director 01/04/2018 6 yrs Approved
  • 2 directors on the board.
  • No disqualified or deactivated DINs.
  • 2 director exit(s) in the last 3 years.
06

Ownership & Group Intelligence

As per FY 2020 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
Polyfibre Industries Private Limited
Subsidiaries
-
Group entities
-
Capital events
6 allotment(s) · 0 transfer(s)

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Group entityRelationship% held
Polyfibre Industries Private Limited Holding Company 74.00%

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 50 · Distress 55
Growth signals & trust indicators
Profit expanded 38% year-on-year.
Operating for 18+ years.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Negative net worth.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence79/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 2 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment64/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance record supports lending.
Investor view53/100
Mixed indicators
Growth quality and scalability through an investor lens.
  • 1 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
29 Sep 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
27 Sep 2023
Director ceased
SUNIL MISHRILAL SHARMA
Director ceased
AJAY SURESHKUMAR GUPTA
24 Feb 2023
Director ceased
ANKIT VIRENDRA JAIN
14 Feb 2023
Director appointed
SUNIL MISHRILAL SHARMA (Director)
Director appointed
AJAY SURESHKUMAR GUPTA (Director)
26 Sep 2022
Director ceased
MANOJ SIDHAKARAN DADHICH
31 Jul 2020
Director ceased
YOGESH MANGALDAS VED
01 Dec 2017
Director ceased
MAHESHKUMAR M PARMAR
14 Oct 2016
Securities allotted
296000 Debentures - 2.96 cr raised
31 Mar 2015
Director ceased
SATYAPAL JAIKUMAR JAIN
19 Aug 2014
Securities allotted
1960000.00 Equity Shares - 1.96 cr raised
12 Sep 2013
Securities allotted
30000.00 Preference Shares - 3.00 Lakh raised
16 Oct 2012
Director ceased
PANKAJ V AGARWAL
10

Key Observations

Auto-generated from the data above
Revenue declined 1.42 over the last 4 financial year(s).
Compliance record is strong - status, filings and flags are clean.
2 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2020 annual return.
Capital has been raised through 6 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Mega Concast Private Limited U27106OR2008PTC010156 Bamra, Orissa, India
M G Polymers Private Limited U74899HP1986PTC009050 Solan, Himachal Pradesh, India
Pigeon Plast Pvt Ltd U25209GJ1992PTC018096 Palsana, Gujarat, India
Prabhuji Minchem Private Limited U14219RJ2000PTC016565 Udaipur, Rajasthan, India
Miracle Elastomer India Ltd U25199KL1991PLC005951 Malapuram, Kerala, India
Aquamarine Synthetics And Chemicals Private Limited U24233DL2007PTC168193 New Delhi, Delhi, India
N B Elastomers Private Limited U74110MH1999PTC119212 Nagpur, Maharashtra, India
Interplas India Pvt Ltd U24139WB1981PTC034332 Kolkata, West Bengal, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Icon Polymers Private Limited before audits and certifications: compliance score 100/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Icon Polymers Private Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 60/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 50/100, margin trends, ownership structure and peer set for Icon Polymers Private Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 75/100, distress signals and MSME payment-delay disclosures - know whether Icon Polymers Private Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Icon Polymers Private Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Icon Polymers Private Limited an active company?

Icon Polymers Private Limited has MCA status “Active” with a compliance score of 100/100 (Low Risk).

Is Icon Polymers Private Limited financially healthy?

Icon Polymers Private Limited has a Financial Health Score of 40/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Icon Polymers Private Limited?

Its overall Trust Score is 75/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Icon Polymers Private Limited?

The ultimate holding entity is Polyfibre Industries Private Limited. 2 active director(s) are on record.

Does Icon Polymers Private Limited have loans or charges against its assets?

No charges are registered against this company - an unencumbered balance sheet.

Is Icon Polymers Private Limited up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 100/100 (Low Risk).

Is it risky to lend to Icon Polymers Private Limited?

Its Credit Risk Score is 60/100 (Moderate). Banker verdict: Mixed indicators - deeper appraisal suggested.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.