Molecular Connections Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 1.24 M
- Company Age 23 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 40.00 Cr
- Satisfied Charges ₹ 35.00 Cr
- Revenue Growth 26.97%
- Profit Growth 54.95%
- Ebitda 60.08%
- Net Worth 27.60%
- Total Assets 28.97%
About Molecular Connections
Molecular Connections Private Limited (MCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 June 2001 and has a history of 23 years and eight months. Its registered office is in Bangaluru, Karnataka, India.
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.
Company Details
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Location
Bangaluru, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U73200KA2001PTC029092
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Company No.
029092
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
06 Jun 2001
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
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
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Managing Director | 06-Jun-2001 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Lim Wong
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Director | 19-Sep-2001 | Current |
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Payal Bhate
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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%.
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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)
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Molecular Connections Analytics Private LimitedJignesh Bhate and Payal Bhate are mutual person
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Molecular Connections Research Private Limited
Jignesh Bhate and Payal Bhate are mutual person
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Page Industries LimitedJignesh Bhate is a mutual person
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Molecular Analytics LlpJignesh Bhate is a mutual person
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Domex E-Data Private Limited
Jignesh Bhate is a mutual person
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Level Next Consulting Services Private Limited
Jignesh Bhate and Payal Bhate are mutual person
Charges (Loans)
₹40.00 Cr
₹35.00 Cr
Charges Breakdown by Lending Institutions
- Others : 40.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Aug 2023 | Others | ₹10.00 Cr | Open |
| 25 Jul 2022 | Others | ₹30.00 Cr | Open |
| 14 Feb 2023 | Hdfc Bank Limited | ₹30.00 Cr | Satisfied |
| 25 Sep 2012 | Icici Bank Limited | ₹5.00 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.
