Molecular Connections Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 1.24 M
as on 16-11-2024
- Company Age 23 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 40.00 Cr
as on 16-11-2024
- Satisfied Charges ₹ 35.00 Cr
as on 16-11-2024
- Revenue 26.97%
(FY 2023)
- Profit 54.95%
(FY 2023)
- Ebitda 60.08%
(FY 2023)
- Net Worth 27.60%
(FY 2023)
- Total Assets 28.97%
(FY 2023)
About Molecular Connections
The Company is engaged in the Information Technology 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 1.24 M.
The company currently has active open charges totaling ₹40.00 Cr. The company has closed loans amounting to ₹35.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Jignesh Bhate, Lim Wong, and Payal Bhate serve as directors at the Company.
- CIN/LLPIN
U73200KA2001PTC029092
- Company No.
029092
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Jun 2001
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Molecular Connections Private Limited offer?
Molecular Connections Private Limited offers a wide range of products and services, including Software Development & IT Consultant, Content Management Service.
Who are the key members and board of directors at Molecular Connections?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jignesh Bhate  | Managing Director | 06-Jun-2001 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Lim Wong  | Director | 19-Sep-2001 | Current |
| Payal Bhate | Director | 10-Aug-2020 | Current |
Financial Performance of Molecular Connections.
Molecular Connections Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.97% increase. The company also saw a substantial improvement in profitability, with a 54.95% increase in profit. The company's net worth Soared by an impressive increase of 27.6%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Molecular Connections?
In 2023, Molecular Connections had a promoter holding of 99.46% and a public holding of 0.54%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Molecular Connections Analytics Private LimitedActive 4 years 1 monthJignesh Bhate and Payal Bhate are mutual person
- Molecular Connections Research Private LimitedActive 4 years 1 month
Jignesh Bhate and Payal Bhate are mutual person
- Level Next Consulting Services Private LimitedActive 5 years 2 months
Jignesh Bhate and Payal Bhate are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 01 Aug 2023 | ₹10.00 Cr | Open |
Others Creation Date: 25 Jul 2022 | ₹30.00 Cr | Open |
Hdfc Bank Limited Creation Date: 14 Feb 2023 | ₹30.00 Cr | Satisfied |
How Many Employees Work at Molecular Connections?
Molecular Connections has a workforce of 1123 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Molecular Connections, 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 Molecular Connections'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.
