Connect Textile & Processing Industries Private Limited

Textile processing company specializing in dyeing and bleaching cotton fabrics.

2012 | Kolkata, West Bengal (India) | Active
Last Updated:

Connect Textile & Processing Industries Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 6.62 M
  • Company Age 12 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 42.84 Cr
  • Satisfied Charges ₹ 18.00 Cr
  • Revenue Growth 30.29%
  • Profit Growth 0.29%
  • Ebitda 9.87%
  • Net Worth 27.98%
  • Total Assets 14.83%

About Connect Textile & Processing Industries

Connect Textile & Processing Industries Private Limited (CTPIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 April 2012 and has a history of 12 years and 11 months. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Manufacturing 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 1.00 Cr and a paid-up capital of Rs 6.62 M.

The company currently has active open charges totaling ₹42.84 Cr. The company has closed loans amounting to ₹18.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ashish Jhunjhunwala, Kunal 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

    U18100WB2012PTC180284

  • Company No.

    180284

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Apr 2012

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Manufacturing

Who are the key members and board of directors at Connect Textile & Processing Industries?

Board Members (3)

NameDesignationAppointment DateStatus
Tarang Jhunjhunwala Country flag representing In Director 01-Jul-2014Current
Ashish Jhunjhunwala Country flag representing In Director 13-Apr-2012Current
Kunal Jhunjhunwala Country flag representing In Director 13-Apr-2012Current

Financial Performance of Connect Textile & Processing Industries.

Connect Textile & Processing Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 30.29% increase. The company also saw a slight improvement in profitability, with a 0.29% increase in profit. The company's net worth Soared by an impressive increase of 27.98%.

Connect Textile & Processing Industries revenue growth over time
Connect Textile & Processing Industries 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
30.29%
Revenue from Operations
27.72%
Total Assets
14.83%
Profit or Loss
0.29%
Net Worth
27.98%
EBITDA
9.87%

What is the Ownership and Shareholding Structure of Connect Textile & Processing Industries?

In 2023, Connect Textile & Processing Industries 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

₹42.84 Cr

Satisfied Charges

₹18.00 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 41.50 Cr
  • Sidbi : 1.34 Cr

Latest Charge Details

DateLenderAmountStatus
29 Aug 2024Sidbi₹1.34 CrOpen
18 Jul 2017Axis Bank Limited₹41.50 CrOpen
20 Mar 2015West Bengal Financial Corporation₹18.00 CrSatisfied

How Many Employees Work at Connect Textile & Processing Industries?

Connect Textile & Processing Industries has a workforce of 57 employees as of Mar 31, 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.

Employee growth trends for Connect Textile & Processing Industries Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Connect Textile & Processing Industries, 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 Textile & Processing Industries'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 Textile & Processing Industries

Recent activity within the organization

  • Annual General Meeting

    Connect Textile & Processing Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Sidbi amounted to Rs. 1.34 Cr with Charge ID 100975007 was registered on 29 Aug 2024.

  • Balance Sheet

    Connect Textile & Processing Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

  • Charges

    A charge with Axis Bank Limited of Rs. 41.50 Cr registered on 18 Jul 2017 with Charge ID 100119757 was modified on 20 Nov 2023.

  • Charges

    A charge registered on 20 Mar 2015 via Charge ID 10566083 with West Bengal Financial Corporation was fully satisfied on 10 Aug 2017.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 41.50 Cr with Charge ID 100119757 was registered on 18 Jul 2017.

Frequently asked questions

  • What is the Incorporation or founding date of Connect Textile & Processing Industries Private Limited?

    Connect Textile & Processing Industries Private Limited was incorporated on 13 Apr 2012.

  • What is authorized share capital and paid-up capital of Connect Textile & Processing Industries Private Limited?

    The authorized share capital of Connect Textile & Processing Industries Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 6.62 M.

  • Who are the current board members & directors of Connect Textile & Processing Industries Private Limited?

    Currently 3 directors are associated with Connect Textile & Processing Industries Private Limited.

    • Ashish Jhunjhunwala
    • Kunal Jhunjhunwala
    • Tarang Jhunjhunwala
  • What is the registered address of Connect Textile & Processing Industries Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Connect Textile & Processing Industries Private Limited is 8, Ho Chi Minh Sarani 2Nd Floor Suit No 26 India, Kolkata, West Bengal, 700071.

  • What is the corporate identification number (CIN) and company number of Connect Textile & Processing Industries Private Limited?

    The corporate identification number (CIN) of Connect Textile & Processing Industries Private Limited is U18100WB2012PTC180284 and the company number is 180284 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Connect Textile & Processing Industries Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Connect Textile & Processing Industries Private Limited has risen by 30.29%.

  • How many employees does Connect Textile & Processing Industries Private Limited currently have?

    As Per 2023 financial reports, 57 employees are currently employed by Connect Textile & Processing Industries Private Limited.

  • What change has been observed in the net worth of Connect Textile & Processing Industries Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Connect Textile & Processing Industries Private Limited has experienced an upsurge of 27.98%.

  • What are the total open charges for Connect Textile & Processing Industries Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Connect Textile & Processing Industries Private Limited amount to ₹ 42.84 Cr.

  • When was the last Balance Sheet of Connect Textile & Processing Industries Private Limited filed with the ROC?

    The most recent Balance Sheet for Connect Textile & Processing Industries Private Limited was filed with the ROC on 31 Mar 2024.