Net Connect Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.80 Cr
- Company Age 28 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 22.38 Cr
- Satisfied Charges ₹ 8.00 Cr
- Revenue Growth 47.54%
- Profit Growth 30.54%
- Ebitda 3.56%
- Net Worth 3.89%
- Total Assets 12.79%
About Net Connect
Net Connect Private Limited (NCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 February 1997 and has a history of 28 years and two months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Business Outsourcing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.80 Cr.
The company currently has active open charges totaling ₹22.38 Cr. The company has closed loans amounting to ₹8.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Anil Bisht and Sunil Bist serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U32202KA1997PTC021881
- Company No.
021881
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
27 Feb 1997
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Business Outsourcing
Information Technology
Net Connect Private Limited
Explore comprehensive data for Net Connect Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Net Connect?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anil Bisht  | Director | 27-Feb-1997 | Current |
| Sunil Bist | Director | 27-Feb-1997 | Current |
Financial Performance of Net Connect.
Net Connect Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 47.54% increase. The company also saw a substantial improvement in profitability, with a 30.54% increase in profit. The company's net worth moved up by a moderate rise of 3.89%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Net Connect?
In 2023, Net Connect had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Charges (Loans)
Open Charges
₹22.38 Cr
Satisfied Charges
₹8.00 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 14.38 Cr
- Citi Bank N.A. : 8.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Oct 2022 | Hdfc Bank Limited | ₹14.00 Cr | Open |
| 10 Aug 2022 | Hdfc Bank Limited | ₹3.77 M | Open |
| 25 May 2016 | Citi Bank N.A. | ₹8.00 Cr | Open |
| 16 Jun 2014 | Kotak Mahindra Bank Limited | ₹6.50 Cr | Satisfied |
| 17 Feb 2010 | 3I Infotech Trusteeship Services Limited | ₹1.50 Cr | Satisfied |
How Many Employees Work at Net Connect?
Net Connect has a workforce of 2118 employees as of Apr 04, 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 Net Connect, 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 Net Connect'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.
Latest Updates, News, and FAQs on Net Connect
Recent activity within the organization
- Charges
A charge with Hdfc Bank Limited of Rs. 14.00 Cr registered on 14 Oct 2022 with Charge ID 100625123 was modified on 27 Jun 2024.
- Charges
A charge with Citi Bank N.A. of Rs. 8.00 Cr registered on 25 May 2016 with Charge ID 100067118 was modified on 07 Nov 2023.
- Annual General Meeting
Net Connect Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Net Connect Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 14.00 Cr with Charge ID 100625123 was registered on 14 Oct 2022.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.38 Cr with Charge ID 100627438 was registered on 10 Aug 2022.
Frequently asked questions
What is the Incorporation or founding date of Net Connect Private Limited?
Net Connect Private Limited was incorporated on 27 Feb 1997.
What is authorized share capital and paid-up capital of Net Connect Private Limited?
The authorized share capital of Net Connect Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.80 Cr.
Who are the current board members & directors of Net Connect Private Limited?
Currently 2 directors are associated with Net Connect Private Limited.
- Anil Bisht
- Sunil Bist
What is the registered address of Net Connect Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Net Connect Private Limited is Wework Salarpuria Symbiosis Arekere Village Begur Bannerghatta Main Road Uttarahalli Hobli India, Bengaluru, Karnataka, 560076.
What is the corporate identification number (CIN) and company number of Net Connect Private Limited?
The corporate identification number (CIN) of Net Connect Private Limited is U32202KA1997PTC021881 and the company number is 021881 as per Ministry of Corporate Affairs (MCA).
What is the official website of Net Connect Private Limited?
The Official website of Net Connect Private Limited is https://www.netconnectglobal.com
What has been the recent revenue trend for Net Connect Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Net Connect Private Limited has risen by 47.54%.
How many employees does Net Connect Private Limited currently have?
As Per 2023 financial reports, 2118 employees are currently employed by Net Connect Private Limited.
What change has been observed in the net worth of Net Connect Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Net Connect Private Limited has experienced an upsurge of 3.89%.
What are the total open charges for Net Connect Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Net Connect Private Limited amount to ₹ 22.38 Cr.
When was the last Balance Sheet of Net Connect Private Limited filed with the ROC?
The most recent Balance Sheet for Net Connect Private Limited was filed with the ROC on 31 Mar 2023.
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