Connectwell Industries Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 3.50 Cr
- Company Age 28 Year, 4 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 154.36 Cr
- Satisfied Charges ₹ 102.81 Cr
- Revenue Growth -1.54%
- Profit Growth 79.04%
- Ebitda 54.30%
- Net Worth 7.14%
- Total Assets 0.27%
About Connectwell Industries
Connectwell Industries Private Limited (CIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 January 1997 and has a history of 28 years. Its registered office is in Thane, Maharashtra, India.
The Company is engaged in the Machinery And Equipment 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 10.00 Cr and a paid-up capital of Rs 3.50 Cr.
The company currently has active open charges totaling ₹154.36 Cr. The company has closed loans amounting to ₹102.81 Cr, as per Ministry of Corporate Affairs (MCA) records.
Company Details
-
Location
Thane, Maharashtra, India
-
Telephone
+91-XXXXXXXXXX
-
Email Address
-
Website
-
Social Media
Corporate Identity Details
-
CIN/LLPIN
U30000MH1997PTC105433
-
Company No.
105433
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
28 Jan 1997
-
Date of AGM
30 Sep 2024
-
Date of Balance Sheet
31 Mar 2024
-
Listing Status
Unlisted
-
ROC Code
Roc Mumbai
Industry
What products or services does Connectwell Industries Private Limited offer?
Connectwell Industries Private Limited offers a wide range of products and services, including Electronic Connectors, Plug Connector, Terminal Block Connectors, Terminal Blocks, Electrical & Electronic Connectors, Relay Parts & Accessories, Relay Modules, Mounting Accessories, DIN Rail, Power Supply Systems.
Who are the key members and board of directors at Connectwell Industries?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sandeep Saheta
|
Managing Director | 01-Oct-2009 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Preeti Gurnani
|
Director | 18-May-2015 | Current |
|
Mohanlal Gurnani
|
Director | 01-Apr-2004 | Current |
|
Vijay Saheta
|
Whole-Time Director | 28-Jan-1997 | Current |
|
Jiten Saheta
|
Director | 01-Oct-2009 | Current |
Financial Performance of Connectwell Industries.
Connectwell Industries Private Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 1.54% decrease. The company also saw a substantial improvement in profitability, with a 79.04% increase in profit. The company's net worth moved up by a moderate rise of 7.14%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Connectwell Industries?
In 2022, Connectwell 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.
Related Corporates (Common Directorship)
-
Steel Users Federation Of IndiaMohanlal Gurnani is a mutual person
-
Moraj Infratech Private LimitedMohanlal Gurnani is a mutual person
-
Moraj Building Concepts P LtdMohanlal Gurnani is a mutual person
-
Feelwell Garments & Accessories Private LimitedMohanlal Gurnani is a mutual person
-
Controlwellindia Pvt LtdMohanlal Gurnani, Preeti Gurnani and 3 more are mutual person
-
Inurskn Dermatology LlpJiten Saheta is a mutual person
Charges (Loans)
₹154.36 Cr
₹102.81 Cr
Charges Breakdown by Lending Institutions
- Citi Bank N.A. : 153.10 Cr
- Hdfc Bank Limited : 0.50 Cr
- Axis Bank Limited : 0.45 Cr
- Others : 0.31 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Mar 2024 | Citi Bank N.A. | ₹25.00 Cr | Open |
| 04 Jan 2024 | Citi Bank N.A. | ₹4.80 Cr | Open |
| 06 Apr 2023 | Citi Bank N.A. | ₹18.00 Cr | Open |
| 31 Dec 2022 | Hdfc Bank Limited | ₹5.00 M | Open |
| 07 Mar 2022 | Citi Bank N.A. | ₹8.60 Cr | Open |
How Many Employees Work at Connectwell Industries?
Connectwell Industries has a workforce of 299 employees as of Apr 08, 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 Connectwell 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 Connectwell Industries'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.
