Connect Equipment Leasing Private Limited

Provides financial leasing and NBFC services for financing enterprises, leasing, hire purchase, and more.

2016 | Mumbai, Maharashtra (India) | Active
Last Updated: October 24, 2024

Connect Equipment Leasing Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 10.00 Cr
  • Company Age 8 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 1.28 Cr
  • Revenue Growth 49.56%
  • Profit Growth 299.73%
  • Ebitda 87.14%
  • Net Worth 20.90%
  • Total Assets 20.53%

About Connect Equipment Leasing

Connect Equipment Leasing Private Limited (CELPL) is a Private Limited Indian Non-Government Company incorporated in India on 31 March 2016 (Eight years and ten months 15 days old ). Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Financial Services 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 10.00 Cr and a paid-up capital of Rs 10.00 Cr.

The company has closed loans amounting to ₹1.28 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Connect Equipment Leasing Private Limited India is Monika Jain as COMPANY SECRETARY. Ankush Bhan, Rohit Kakkar, and Karthik Sugumaran serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    connectelpl.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65990MH2016PTC279894

  • Company No.

    279894

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Mar 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Connect Equipment Leasing?

Executive Team (1)

Name Designation Appointment Date Status
Monika Jain Country flag representing In Company Secretary 13-Jun-2019 Current

Board Members (3)

Name Designation Appointment Date Status
Ankush Bhan Country flag representing In Director 31-Mar-2016 Current
Rohit Kakkar Country flag representing In Director 31-Mar-2016 Current
Karthik Sugumaran Country flag representing In Director 16-Nov-2017 Current

Financial Performance of Connect Equipment Leasing.

Connect Equipment Leasing Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 49.56% increase. The company also saw a substantial improvement in profitability, with a 299.73% increase in profit. The company's net worth Soared by an impressive increase of 20.9%.

Graph illustrating revenue growth over time
Graph showing 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
49.56%
Revenue from Operations
43.81%
Total Assets
20.53%
Profit or Loss
299.73%
Net Worth
20.90%
EBITDA
87.14%

What is the Ownership and Shareholding Structure of Connect Equipment Leasing?

In 2023, Connect Equipment Leasing had a promoter holding of 100.00%. 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

₹1.28 Cr

Charges Breakdown by Lending Institutions

  • Others : 1.28 Cr

Latest Charge Details

Date Lender Amount Status
09 Aug 2021 Others ₹3.75 M Satisfied
09 Aug 2021 Others ₹1.13 M Satisfied
09 Aug 2021 Others ₹1.90 M Satisfied
09 Aug 2021 Others ₹6.02 M Satisfied

How Many Employees Work at Connect Equipment Leasing?

Unlock and access historical data on people associated with Connect Equipment Leasing, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Connect Equipment Leasing, 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 Connect Equipment Leasing'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 Connect Equipment Leasing

Recent activity within the organization

  • Annual General Meeting

    Connect Equipment Leasing Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Connect Equipment Leasing Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 09 Aug 2021 via Charge ID 100473052 with Others was fully satisfied on 15 Mar 2023.

    15 Mar 2023

  • Charges

    A charge registered on 09 Aug 2021 via Charge ID 100473053 with Others was fully satisfied on 15 Mar 2023.

    15 Mar 2023

  • Charges

    A charge registered on 09 Aug 2021 via Charge ID 100473054 with Others was fully satisfied on 15 Mar 2023.

    15 Mar 2023

  • Charges

    A charge registered on 09 Aug 2021 via Charge ID 100473061 with Others was fully satisfied on 15 Mar 2023.

    15 Mar 2023

Frequently asked questions

  • Connect Equipment Leasing Private Limited was incorporated on 31 Mar 2016.

  • The authorized share capital of Connect Equipment Leasing Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 10.00 Cr.

  • Currently 4 directors are associated with Connect Equipment Leasing Private Limited.

    • Ankush Bhan
    • Rohit Kakkar
    • Karthik Madhuranthagam Sugumaran
    • Monika Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Connect Equipment Leasing Private Limited is 6Th Floor Gala No. 4 D Wing Corporate Avenue New A.K Link Road Andheri (East), India, Mumbai, Maharashtra, 400059.

  • The corporate identification number (CIN) of Connect Equipment Leasing Private Limited is U65990MH2016PTC279894 and the company number is 279894 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Connect Equipment Leasing Private Limited is https://www.connectelpl.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Connect Equipment Leasing Private Limited has risen by 49.56%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Connect Equipment Leasing Private Limited has experienced an upsurge of 20.90%.

  • The most recent Balance Sheet for Connect Equipment Leasing Private Limited was filed with the ROC on 31 Mar 2023.

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