Conneqt Business Solutions Limited

Founded in 1995 and headquartered in Karnataka, India.

1995 | Bangaluru, Karnataka (India) | Merged
Last Updated: January 18, 2025

Conneqt Business Solutions Profile

Key Indicators

  • Authorised Capital ₹ 191.00 Cr
  • Paid Up Capital ₹ 149.46 Cr
  • Company Age 29 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 129.60 Cr
  • Revenue Growth 19.96%
  • Profit Growth -39.88%
  • Ebitda 16.13%
  • Net Worth 13.35%
  • Total Assets 21.33%

About Conneqt Business Solutions

Conneqt Business Solutions Limited (CBSL) is Amalgamated company established on 14 Mar 1995 with its office registered at Bangaluru, Karnataka, India and has been running since 29 Year, 11 Months with a paid up capital of 149.46 Cr. According to MCA records, 5 Directors and 3 Signatories are linked to this company as of 18 Jan 2025.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    conneqtcorp.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U64200KA1995PLC148924

  • Company No.

    044060

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 Mar 1995

  • Date of AGM

    26 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology
Business Outsourcing

What products or services does Conneqt Business Solutions Limited offer?

Conneqt Business Solutions Limited offers a wide range of products and services, including Business Planning and Management, Business Consultant, IT, Networking & Automation Solution, IT Solutions, Business Auditing & Valuation, Auditing Services, Turnkey Consultants & Solutions, Project Feasibility Studies.

Who are the key members and board of directors at Conneqt Business Solutions?

Executive Team (3)

NameDesignationAppointment DateStatus
Subramantan Arangottukara Country flag representing In CFO07-May-2015Current
Arjun Ramaraju Country flag representing In CEO01-Apr-2021Current
Vishnubhotla Sampath Country flag representing In Company Secretary18-May-2006Current

Board Members (5)

NameDesignationAppointment DateStatus
Sanjay Anandaram Country flag representing In Director 27-Nov-2017Current
Rallabhandi Sarada Country flag representing In Director 03-May-2018Current
Srinivasan Guruprasad Country flag representing In Director 27-Nov-2017Current
Pinaki Kar Country flag representing In Director 22-Jan-2019Current
Kamal Hoda Country flag representing In Director 10-Jan-2023Current

Financial Performance of Conneqt Business Solutions.

Conneqt Business Solutions Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.96% increase. The company also saw a substantial fall in profitability, with a 39.88% decrease in profit. The company's net worth Soared by an impressive increase of 13.35%.

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
19.96%
Revenue from Operations
25.08%
Total Assets
21.33%
Profit or Loss
-39.88%
Net Worth
13.35%
EBITDA
16.13%

What is the Ownership and Shareholding Structure of Conneqt Business Solutions?

In 2023, Conneqt Business Solutions had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹129.60 Cr

Charges Breakdown by Lending Institutions

  • Tata Capital Financial Services Limited : 62.15 Cr
  • Tata Capital Limited : 44.45 Cr
  • Bank Of India : 23.00 Cr

Latest Charge Details

DateLenderAmountStatus
19 Jun 2018Tata Capital Financial Services Limited₹10.00 CrSatisfied
05 Apr 2014Bank Of India₹23.00 CrSatisfied
29 Mar 2012Tata Capital Financial Services Limited₹34.65 CrSatisfied
19 Jan 2012Tata Capital Limited₹34.65 CrSatisfied
17 Mar 2011Tata Capital Financial Services Limited₹17.50 CrSatisfied

How Many Employees Work at Conneqt Business Solutions?

Conneqt Business Solutions has a workforce of 37925 employees as of Apr 03, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Conneqt Business Solutions, 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 Conneqt Business Solutions'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 Conneqt Business Solutions

Recent activity within the organization

  • Annual General Meeting

    Conneqt Business Solutions Limited last Annual general meeting of members was held on 26 Sep 2023 as per latest MCA records.

    26 Sep 2023

  • Balance Sheet

    Conneqt Business Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Kamal Pal Hoda was appointed as a Director was appointed as a Director on 10 Jan 2023 & has been associated with this company since 2 years 1 month .

    10 Jan 2023

  • Director Appointment

    Arjun Ramaraju was appointed as a Ceo was appointed as a Ceo on 01 Apr 2021 & has been associated with this company since 3 years 10 months .

    01 Apr 2021

  • Charges

    A charge registered on 19 Jun 2018 via Charge ID 100186186 with Tata Capital Financial Services Limited was fully satisfied on 29 Mar 2019.

    29 Mar 2019

  • Director Appointment

    Pinaki Kar was appointed as a Director was appointed as a Director on 22 Jan 2019 & has been associated with this company since 6 years 1 month .

    22 Jan 2019

Frequently asked questions

  • Conneqt Business Solutions Limited was incorporated on 14 Mar 1995.

  • The authorized share capital of Conneqt Business Solutions Limited is ₹ 191.00 Cr and paid-up capital is ₹ 149.46 Cr.

  • Currently 8 directors are associated with Conneqt Business Solutions Limited.

    • Sanjay Anandaram
    • Rallabhandi Lakshmi Sarada
    • Srinivasan Guruprasad
    • Pinaki Kar
    • Kamal Pal Hoda
    • Arjun Ramaraju
    • Vishnubhotla Sampath
    • Subramantan Krishnan Arangottukara
  • As per Ministry of Corporate Affairs (Mca), the registered address of Conneqt Business Solutions Limited is 3/3/2 Bellandur Gate Sarjapur Main Road, India, Bangalore, Karnataka, 560103.

  • The corporate identification number (CIN) of Conneqt Business Solutions Limited is U64200KA1995PLC148924 and the company number is 044060 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Conneqt Business Solutions Limited is https://www.conneqtcorp.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Conneqt Business Solutions Limited has risen by 19.96%.

  • As Per 2023 financial reports, 37925 employees are currently employed by Conneqt Business Solutions Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Conneqt Business Solutions Limited has experienced an upsurge of 13.35%.

  • The most recent Balance Sheet for Conneqt Business Solutions Limited was filed with the ROC on 31 Mar 2023.

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