Connect India E-Commerce Services Profile
Key Indicators
- Authorised Capital ₹ 6.23 Cr
- Paid Up Capital ₹ 6.10 Cr
- Company Age 10 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 5.00 Cr
- Revenue Growth 34.38%
- Profit Growth -51.71%
- Ebitda -94.29%
- Net Worth -28.23%
- Total Assets -23.55%
About Connect India E-Commerce Services
Connect India E-Commerce Services Private Limited (CIESPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 August 2014 and has a history of Ten years and eight months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Transport And Logistics Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 6.23 Cr and a paid-up capital of Rs 6.10 Cr.
The company has closed loans amounting to ₹5.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Connect India E-Commerce Services Private Limited India is Himanshu Gupta as CFO. John Diaz, Bhaskar Chaudhry, and Shashvat Rai serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72200KA2014PTC182282
- Company No.
270256
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 Aug 2014
- Date of AGM
25 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Transport and Logistics
Connect India E-Commerce Services Private Limited
Explore comprehensive data for Connect India E-Commerce Services Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Connect India E-Commerce Services?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Himanshu Gupta | CFO | 01-Jul-2021 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shashvat Rai  | Nominee Director | 29-Aug-2023 | Current |
| John Diaz | Nominee Director | 07-Dec-2017 | Current |
| Bhaskar Chaudhry | Nominee Director | 17-Dec-2022 | Current |
Financial Performance of Connect India E-Commerce Services.
Connect India E-Commerce Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 34.38% increase. The company also saw a substantial fall in profitability, with a 51.71% decrease in profit. The company's net worth observed a substantial decline by a decrease of 28.23%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Connect India E-Commerce Services?
In 2023, Connect India E-Commerce Services had a promoter holding of 2.38% and a public holding of 97.62%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Lynx Healthplus Services Private LimitedJohn Diaz is a mutual person
Jeevanti Healthcare Private LimitedJohn Diaz is a mutual person
Hiranya Growth Partners LlpBhaskar Chaudhry is a mutual person
Collateral Medical Private LimitedJohn Diaz is a mutual person
Synergy Relationship Management Services Private LimitedJohn Diaz is a mutual person
Suryoday Small Finance Bank LimitedJohn Diaz is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹5.00 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 5.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 May 2023 | Axis Bank Limited | ₹2.00 Cr | Satisfied |
| 08 Jan 2021 | Axis Bank Limited | ₹3.00 Cr | Satisfied |
How Many Employees Work at Connect India E-Commerce Services?
Connect India E-Commerce Services has a workforce of 168 employees as of Apr 01, 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 Connect India E-Commerce Services, 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 India E-Commerce Services'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.
Latest Updates, News, and FAQs on Connect India E-Commerce Services
Recent activity within the organization
- Charges
A charge registered on 07 May 2023 via Charge ID 100725122 with Axis Bank Limited was fully satisfied on 10 Oct 2024.
- Annual General Meeting
Connect India E-Commerce Services Private Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.
- Charges
A charge with Axis Bank Limited of Rs. 2.00 Cr registered on 07 May 2023 with Charge ID 100725122 was modified on 05 Jun 2024.
- Balance Sheet
Connect India E-Commerce Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Director Appointment
Shashvat Rai was appointed as a Nominee Director was appointed as a Nominee Director on 29 Aug 2023 & has been associated with this company since 1 year 7 months .
- Charges
A charge with Axis Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100725122 was registered on 07 May 2023.
Recent News, Updates & Announcement
- Entrust Family Office Invests Rs 40 Crore in Connect India and Sreyas Holistic Remedies, Expanding Unlisted Investment Opportunities for HNIs and Family Offices.
Entrust Family Office invests Rs 40 crore in Connect India and Sreyas Holistic Remedies. They help HNIs and family offices invest in unlisted opportunities. Connect India plans to open 30,000 new centers and Sreyas Holistic will open 7 new clinics with the funds. Entrust Family Office provides investment and business advisory services. They handle everything from finding deals to closing them." #InvestingGoals #FamilyOffices #UnlistedOpportunities #ConnectIndia #SreyasHolistic #EntrustFamilyOffice.
Frequently asked questions
What is the Incorporation or founding date of Connect India E-Commerce Services Private Limited?
Connect India E-Commerce Services Private Limited was incorporated on 12 Aug 2014.
What is authorized share capital and paid-up capital of Connect India E-Commerce Services Private Limited?
The authorized share capital of Connect India E-Commerce Services Private Limited is ₹ 6.23 Cr and paid-up capital is ₹ 6.10 Cr.
Who are the current board members & directors of Connect India E-Commerce Services Private Limited?
Currently 4 directors are associated with Connect India E-Commerce Services Private Limited.
- John Arunkumar Diaz
- Bhaskar Chaudhry
- Shashvat Rai
- Himanshu Gupta
What is the registered address of Connect India E-Commerce Services Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Connect India E-Commerce Services Private Limited is Dreamland Venture 3Rd Floor No 40 6Th Sector12Th Mainnear Bda Complex India, Bangalore South, Karnataka, 560102.
What is the corporate identification number (CIN) and company number of Connect India E-Commerce Services Private Limited?
The corporate identification number (CIN) of Connect India E-Commerce Services Private Limited is U72200KA2014PTC182282 and the company number is 270256 as per Ministry of Corporate Affairs (MCA).
What is the official website of Connect India E-Commerce Services Private Limited?
The Official website of Connect India E-Commerce Services Private Limited is https://www.connectindia.com
What has been the recent revenue trend for Connect India E-Commerce Services Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Connect India E-Commerce Services Private Limited has risen by 34.38%.
How many employees does Connect India E-Commerce Services Private Limited currently have?
As Per 2023 financial reports, 168 employees are currently employed by Connect India E-Commerce Services Private Limited.
What change has been observed in the net worth of Connect India E-Commerce Services Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Connect India E-Commerce Services Private Limited has experienced an downturn of -28.23%.
When was the last Balance Sheet of Connect India E-Commerce Services Private Limited filed with the ROC?
The most recent Balance Sheet for Connect India E-Commerce Services Private Limited was filed with the ROC on 31 Mar 2024.
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