Icorp Technologies Private Limited - Due diligence report

A 360° intelligence report on Icorp Technologies Private Limited: trust score, financial health, credit view, compliance, directors, growth …

2015-04-15 Bengaluru, Karnataka Active Unlisted Active Non-Compliant
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IT Icorp Technologies Private Limited
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Icorp Technologies Private Limited — 360° Intelligence Report

Generated from MCA filings & public records
64/100
Trust Score
Moderate

Icorp Technologies Private Limited is assessed as Moderate with a Trust Score of 64/100. Icorp Technologies Private Limited is an active private limited indian non-government company incorporated in 2015, operating in the Service sector. The company has shown revenue growth across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a moderate compliance risk and moderate financial risk profile.

Report generated on 27 Jun 2026 from the latest processed filings. Icorp Technologies Private Limited snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Good
Compliance › Good

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 ScoreModerate
64/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
55/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
70/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
60/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreModerate
55/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
85/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
55/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 2 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.
  • Moderate gearing (D/E 38%).
  • Working-capital cover adequate.

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

Compliance Score: 55/100 Moderate
  • Company status is Active as per MCA.
  • Marked ACTIVE non-compliant (INC-22A).
  • Last balance sheet is for Mar 2019 - filings overdue.
05

Director Intelligence

Stability score: 55/100
NameDIN / PANDesignationAppointedTenureDIN status
SHASHI KUMAR 01234567 Director 01/04/2018 6 yrs Approved
ROSHAN KRISHNAPPA 01234567 Director 01/04/2018 6 yrs Approved
LAKSHMINARAYANAPPA MURALI MOHAN 01234567 Director 01/04/2018 6 yrs Approved
  • 3 directors on the board.
  • SHASHI KUMAR has DIN status "Deactivated due to non-filing of DIR-3 KYC".
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
06

Ownership & Group Intelligence

As per FY 2017 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
-
Subsidiaries
-
Group entities
-
Capital events
-

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

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 85 · Distress 55
Growth signals & trust indicators
Revenue acceleration: +1.42 over 1 year(s).
Latest year revenue grew 2.1x.
Asset base grew 24% - capacity expansion.
Operating for 11+ years.
Distress signals & risk flags
Losses deepening year-on-year.
Outside liabilities up 0.86 in a year.
Statutory filings appear overdue.
Compliance score is weak (55/100).
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence58/100
Review suggested
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 3 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment62/100
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 gaps should be priced into terms.
Investor view74/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 3 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management churn warrants questions.
09

MCA Filings & Events Timeline

Latest 7 events
30 Sep 2019
Last AGM held
Annual general meeting
31 Mar 2019
Latest balance sheet
Filed with ROC
29 Oct 2018
Director ceased
PALAGRAHARA SHIVARAMU MANJUNATH
15 Apr 2015
Incorporated
Registered with Roc Bangalore
Director appointed
SHASHI KUMAR (Director)
Director appointed
ROSHAN KRISHNAPPA (Director)
Director appointed
LAKSHMINARAYANAPPA MURALI MOHAN (Director)
10

Key Observations

Auto-generated from the data above
Revenue grew 61% over the last 1 financial year(s).
Net profit margin moved from 38% to 1.42.
Debt-to-equity stands at 2.1x - manageable leverage.
Net worth is positive.
3 active director(s) / partner(s); review board churn before relying on management continuity.
Promoters hold a dominant controlling stake as per the FY 2017 annual return.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Indavest It Services(India) Private Limited U72900KA2007PTC041430 Bangalore, Karnataka, India
Excel Unitech Software India Private Limited U72200MP2012PTC027619 Bhopal, Madhya Pradesh, India
S-Net Systems Private Limited U72900MH2010PTC210027 Aurangabad, Maharashtra, India
Edstack Technologies Private Limited U72300AP2015PTC097803 Visakhapatnam, Andhra Pradesh, India
Globus Info Services Private Limited U74140DL2013PTC253462 New Delhi, Delhi, India
Usha Netcoms Private Limited U72200RJ2002PTC017837 Jaipur 302015, Rajasthan., Rajasthan, India
Nayaindia Digital Private Limited U92100RJ2013PTC043019 Jaipur, Rajasthan, India
Radiate Infotech Private Limited U72501DL2014PTC270975 Delhi, Delhi, India
12

Who Uses This Report

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

Verify Icorp Technologies Private Limited before audits and certifications: compliance score 55/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Icorp Technologies 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: Positive growth indicators. Growth score 85/100, margin trends, ownership structure and peer set for Icorp Technologies Private Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Review suggested. Trust score 64/100, distress signals and MSME payment-delay disclosures - know whether Icorp Technologies 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 Icorp Technologies Private Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Icorp Technologies Private Limited an active company?

Icorp Technologies Private Limited has MCA status “Active” with a compliance score of 55/100 (Moderate).

Is Icorp Technologies Private Limited financially healthy?

Icorp Technologies Private Limited has a Financial Health Score of 70/100 (Moderate) based on its filed financial statements.

Should I do business with Icorp Technologies Private Limited?

Its overall Trust Score is 64/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Icorp Technologies Private Limited?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 3 active director(s) are on record.

Does Icorp Technologies Private Limited have loans or charges against its assets?

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

Is Icorp Technologies Private Limited up to date with its ROC filings?

Marked ACTIVE non-compliant (INC-22A). Overall compliance score: 55/100 (Moderate).

Is it risky to lend to Icorp Technologies 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.