The company "Hemakuta Industrial Investment Company Ltd" incorporated on May 25 1940 as Produce Dealers pvt. Ltd. ln 1963 the company changed its name to Tungbhadra Pulp & Board Mills Ltd. and set up the first unit in Karnataka for manufacture of paper boards. Thereafter, in 1973, the company sold the unit and became a finance company engaged in financial services business. Since then, the company has been providing financial services including giving loans, investing in shares and finance brokerage, etc. and has been continuously profit making.

Iconik Sports & Even major competitors are Gourmet Gateway, Paul Merchants, Som Datt Fin Corp, Yash Trading&Finance, Team India Guaranty, Garnet International, Indian Infotech&Soft.
Market Cap of Iconik Sports & Even is ₹221 Crs.
While the median market cap of its peers are ₹229 Crs.

Iconik Sports & Even seems to be financially stable compared to its competitors.
The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.