Connectwell Industries Private Limited

Manufacturer and supplier of terminal blocks, interface modules, and industrial tools for various industries.

1997 | Thane, Maharashtra (India) | Active
Last Updated:

Connectwell Industries Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 3.50 Cr
  • Company Age 28 Year, 1 Month
  • 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 and one month. 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.

Mohanlal Gurnani, Preeti Gurnani, Vijay Saheta, and Two other members serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    connectwell.com

  • 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

Machinery and Equipment

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)

NameDesignationAppointment DateStatus
Sandeep Saheta Country flag representing In Managing Director01-Oct-2009Current

Board Members (4)

NameDesignationAppointment DateStatus
Preeti Gurnani Country flag representing In Director 18-May-2015Current
Mohanlal Gurnani Country flag representing In Director 01-Apr-2004Current
Vijay Saheta Country flag representing In Whole-Time Director 28-Jan-1997Current
Jiten Saheta Country flag representing In Director 01-Oct-2009Current

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%.

Connectwell Industries revenue growth over time
Connectwell 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
-1.54%
Revenue from Operations
0.06%
Total Assets
0.27%
Profit or Loss
79.04%
Net Worth
7.14%
EBITDA
54.30%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹154.36 Cr

Satisfied Charges

₹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

DateLenderAmountStatus
04 Mar 2024Citi Bank N.A.₹25.00 CrOpen
04 Jan 2024Citi Bank N.A.₹4.80 CrOpen
06 Apr 2023Citi Bank N.A.₹18.00 CrOpen
31 Dec 2022Hdfc Bank Limited₹5.00 MOpen
07 Mar 2022Citi Bank N.A.₹8.60 CrOpen

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.

Employee growth trends for Connectwell Industries Private Limited

Deals i

Graph showing company valuation over time

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

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 Connectwell Industries

Recent activity within the organization

  • Annual General Meeting

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

  • Charges

    A charge registered on 30 May 2017 via Charge ID 100113933 with Others was fully satisfied on 15 Apr 2024.

  • Balance Sheet

    Connectwell Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Citi Bank N.A. amounted to Rs. 25.00 Cr with Charge ID 100891184 was registered on 04 Mar 2024.

  • Charges

    A charge with Citi Bank N.A. amounted to Rs. 4.80 Cr with Charge ID 100869409 was registered on 04 Jan 2024.

  • Charges

    A charge with Citi Bank N.A. of Rs. 18.00 Cr registered on 06 Apr 2023 with Charge ID 100708201 was modified on 04 Jan 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Connectwell Industries Private Limited?

    Connectwell Industries Private Limited was incorporated on 28 Jan 1997.

  • What is authorized share capital and paid-up capital of Connectwell Industries Private Limited?

    The authorized share capital of Connectwell Industries Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 3.50 Cr.

  • Who are the current board members & directors of Connectwell Industries Private Limited?

    Currently 5 directors are associated with Connectwell Industries Private Limited.

    • Mohanlal Thakurdas Gurnani
    • Preeti Mohan Gurnani
    • Vijay Girdharilal Saheta
    • Sandeep Vijay Saheta
    • Jiten Vijay Saheta

  • What is the registered address of Connectwell Industries Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Connectwell Industries Private Limited is Plot No. B4 And B5 Midc Phase 2, Dombivli India, Kalyan, Maharashtra, 421204.

  • What is the corporate identification number (CIN) and company number of Connectwell Industries Private Limited?

    The corporate identification number (CIN) of Connectwell Industries Private Limited is U30000MH1997PTC105433 and the company number is 105433 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Connectwell Industries Private Limited?

    The Official website of Connectwell Industries Private Limited is https://www.connectwell.com

  • What has been the recent revenue trend for Connectwell Industries Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Connectwell Industries Private Limited has fallen by -1.54%.

  • How many employees does Connectwell Industries Private Limited currently have?

    As Per 2021 financial reports, 299 employees are currently employed by Connectwell Industries Private Limited.

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

    The financial reports for the fiscal year 2021 indicates that The net worth of Connectwell Industries Private Limited has experienced an upsurge of 7.14%.

  • What are the total open charges for Connectwell Industries Private Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Connectwell Industries Private Limited amount to ₹ 154.36 Cr.

  • When was the last Balance Sheet of Connectwell Industries Private Limited filed with the ROC?

    The most recent Balance Sheet for Connectwell Industries Private Limited was filed with the ROC on 31 Mar 2024.

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