- #1,009 Arunkumar Poddar & family ₹2,700 Cr

About Choice Connect Private Limited
Data last updated:
Choice Connect Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Choice Equity Broking Private Limited. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 01 October 2015 and has been in existence for over 11 years.
Its director Arunkumar Poddar and family are #1,009 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2015PTC268856. Its GSTIN is 27AAFCD5000M1ZR (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Choice Startup Private Limited and Choice Retail Solutions Private Limited. It is led by directors including Atish Jain and Arun Kumar Poddar.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sunil Patodia Tower Plot No. 156 – 158 J.B. Nagar Andheri (East), Mumbai, Maharashtra, India – 400099.
As per the financials filed for FY 2025, the company reported a revenue of ₹55.39 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹22.79 Lakh (net margin 0.4%) and EBITDA of ₹92.33 Lakh (EBITDA margin 1.7%). Revenue has grown at a compounded annual rate (CAGR) of 68% over three years.
The company has about 75 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Choice Connect.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website choiceconnect.in.
Company details
Name history
Choice Connect has undergone 4 name changes throughout its history. The current legal name is Choice Connect Private Limited.
| Company Name | Status |
|---|---|
| Choice Connect Private Limited | Current |
| Choice Startup Private Limited | Previous |
| Choice Retail Solutions Private Limited | Previous |
| D-Aashanacouture.Com Private Limited | Previous |
| Choice Retails Private Limited | Previous |
Recognitions & Rankings of Choice Connect
Contact details
Choice Connect Private Limited's registered office is in Mumbai, Maharashtra. Its website is choiceconnect.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressSunil Patodia Tower Plot No. 156 – 158 J.B. Nagar Andheri (East), Mumbai, Maharashtra, India – 400099
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Choice Connect Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Choice Connect operates one associated brand: Choice Connect. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Facilitates financial product sales through a platform for associates. | choiceconnect.in |
Business activity
The main business activity of Choice Connect is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Choice Connect Private Limited, buy the company report.
Financials of Choice Connect Private Limited
FY 2025 filings availableChoice Connect Private Limited reported revenue of ₹55.39 Cr (up 151% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 68% over three years, including 151% growth in the latest year. EBITDA rose 39% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹55.39 Cr | ||||
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| Total Expenses | |||||
| EBITDA | ₹92.33 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹22.79 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.7% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Choice Connect Private Limited, buy the company report.
Board of directors of Choice Connect Private Limited
Choice Connect has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Atish Jain | Director | 21 Jun 2022 | 4 Years 4 Months | Current |
| Arun Kumar Poddar Also directs: Choice Strategic Advisors LLP, Choice International Limited, Choice Consultancy Services Private Limited and 5 more | Director | 01 Oct 2015 | 11 Years 0 Months | Current |
| Ajay Rajendra Kejriwal Also directs: Choice International Limited, Choice Wealth Private Limited, Choice Amc Private Limited and 5 more | Director | 30 Jun 2018 | 8 Years 3 Months | Current |
Auditor
Choice Connect Private Limited is audited by Asbs & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Asbs & Co. | FY 2023 | 135952W |
Shareholding
The shareholding of Choice Connect Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Choice Connect Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Choice Connect Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Choice Connect Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Choice Connect Private Limited has a workforce of 75 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Choice Connect has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCD5000M1ZR | Maharashtra | Active | 01 Jul 2017 |
| 23AAFCD5000M1ZZ | Madhya Pradesh | Active | 08 Sep 2021 |
To see the full GST registrations and return filing status of Choice Connect Private Limited, buy the company report.
Recent activity
Choice Connect Private Limited has 7 board changes on record since 2015: 3 appointments and 4 cessations. The latest: Atish Jain ceased to be Additional Director on 30 Sep 2022.
News
Frequently asked questions
Choice Connect is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 01 October 2015 (11+ years old) and is registered under CIN U74999MH2015PTC268856.
Choice Connect has 3 current directors:
- Atish Jain - Director
- Arun Kumar Poddar - Director
- Ajay Rajendra Kejriwal - Director
The latest financial statements of Choice Connect on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Choice Connect is 27AAFCD5000M1ZR, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 23AAFCD5000M1ZZ (Madhya Pradesh).
The CIN (Corporate Identification Number) of Choice Connect is U74999MH2015PTC268856. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Choice Connect was incorporated on 01 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Atish Jain ceased to be Additional Director on 30 Sep 2022. Atish Jain was appointed as Director on 21 Jun 2022. Ajay Rajendra Kejriwal ceased to be Additional Director on 25 Sep 2018. Choice Connect has 7 board changes on record in total.
Choice Connect can be reached through the website choiceconnect.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Choice Connect is at Sunil Patodia Tower Plot No. 156 – 158 J.B. Nagar Andheri East, Mumbai, Maharashtra, India – 400099.
Choice Connect operates in the financial services industry, in the diversified financial services segment.