Connect Properties Pvt Ltd

Real estate company providing rental properties and development services for various types of land and buildings.

1996 | Kolkata, West Bengal (India) | Active
Last Updated: November 16, 2024

Connect Properties Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.21 M
  • Company Age 28 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.50 Cr
  • Revenue Growth 221.02%
  • Profit Growth -422.75%
  • Ebitda -167.46%
  • Net Worth -29.65%
  • Total Assets 1.05%

About Connect Properties

Connect Properties Pvt Ltd (CPPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 July 1996 and has a history of 28 years and six months. Its registered office is in Kolkata, West Bengal, 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 2024. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.21 M.

The company currently has active open charges totaling ₹6.50 Cr.

Ashish Jhunjhunwala and Tarang Jhunjhunwala serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45201WB1996PTC080662

  • Company No.

    080662

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Jul 1996

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Financial Services

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

Board Members (2)

Name Designation Appointment Date Status
Tarang Jhunjhunwala Country flag representing In Director 24-Dec-2020 Current
Ashish Jhunjhunwala Country flag representing In Director 13-Jul-1999 Current

Financial Performance of Connect Properties.

Connect Properties Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 221.02% increase. The company also saw a substantial fall in profitability, with a 422.75% decrease in profit. The company's net worth observed a substantial decline by a decrease of 29.65%.

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
221.02%
Revenue from Operations
221.67%
Total Assets
1.05%
Profit or Loss
-422.75%
Net Worth
-29.65%
EBITDA
-167.46%

What is the Ownership and Shareholding Structure of Connect Properties?

In 2022, Connect Properties 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

₹65.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Reliance Capital Ltd : 3.50 Cr
  • Icici Bank Limited : 3.00 Cr

Latest Charge Details

Date Lender Amount Status
15 Oct 2015 Icici Bank Limited ₹3.00 Cr Open
19 Apr 2012 Reliance Capital Ltd ₹3.50 Cr Open

How Many Employees Work at Connect Properties?

Unlock and access historical data on people associated with Connect Properties, 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 Properties, 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 Properties'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 Properties

Recent activity within the organization

  • Annual General Meeting

    Connect Properties Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Connect Properties Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Director Appointment

    Tarang Jhunjhunwala was appointed as a Director was appointed as a Director on 24 Dec 2020 & has been associated with this company since 4 years 1 month .

    24 Dec 2020

  • Charges

    A charge with Icici Bank Limited amounted to Rs. 30.00 M with Charge ID 10607645 was registered on 15 Oct 2015.

    15 Oct 2015

  • Charges

    A charge with Reliance Capital Ltd amounted to Rs. 35.00 M with Charge ID 10350645 was registered on 19 Apr 2012.

    19 Apr 2012

  • Director Appointment

    Ashish Jhunjhunwala was appointed as a Director was appointed as a Director on 13 Jul 1999 & has been associated with this company since 25 years 6 months .

    13 Jul 1999

Frequently asked questions

  • Connect Properties Pvt Ltd was incorporated on 30 Jul 1996.

  • The authorized share capital of Connect Properties Pvt Ltd is ₹ 0.50 M and paid-up capital is ₹ 0.21 M.

  • Currently 2 directors are associated with Connect Properties Pvt Ltd.

    • Ashish Jhunjhunwala
    • Tarang Jhunjhunwala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Connect Properties Pvt Ltd is 8 Ho Chi Minh Sarani India, Kolkata, West Bengal, 700071.

  • The corporate identification number (CIN) of Connect Properties Pvt Ltd is U45201WB1996PTC080662 and the company number is 080662 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Connect Properties Pvt Ltd has risen by 221.02%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Connect Properties Pvt Ltd has experienced an downturn of -29.65%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Connect Properties Pvt Ltd amount to ₹ 6.50 Cr.

  • The most recent Balance Sheet for Connect Properties Pvt Ltd was filed with the ROC on 31 Mar 2024.

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