MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-12-0005416
Groovy Connect LLP
Groovy Connect LLP - information technology in Nadiad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹1.09 Cr
▲ 48% YoY
Net profit · FY 2021
₹19.38 Lakh
Net margin 17.7%
EBITDA · FY 2021
₹21.85 Lakh
EBITDA margin 20%
Contribution obligation
₹1 Lakh
As per LLP agreement
LLP age
7 yrs
Est. 2019
Designated partners
2
As per MCA filings
Active GSTINs
1
GST registered
Last financials
Mar 2024
Balance sheet date
About Groovy Connect LLP
Data last updated:
Groovy Connect LLP is a limited liability partnership (LLP) based in Nadiad, Gujarat, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 05 April 2019 and has been in existence for over 7 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAO-7969. Its GSTIN is 24AATFG8564A1Z8 (Gujarat).
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Krunal Balmukund Panchal and Sagarbhai Atulbhai Patel.
Its latest statement of accounts is for the year ended 31 March 2024. The registered office is at 519 – 520 5th Floor Center Square Santram Road Villege : Nadiad Taluka :, Nadiad, Gujarat, India – 387001.
As per the financials filed for FY 2021, the LLP reported a revenue of ₹1.09 Cr, a growth of 48% compared to the previous year. For the same year it recorded a net profit of ₹19.38 Lakh (net margin 17.7%) and EBITDA of ₹21.85 Lakh (EBITDA margin 20%).
Groovy Connect LLP is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-12-0005416).
Company details
LLPIN AAO-7969
Incorporation Date 05 April 2019
Total Obligation of Contribution ₹1 Lakh
ROC Ahmedabad
Company Status Active
MSME Classification Micro
Udyam Registration UDYAM-GJ-12-0005416
Recognitions & Rankings of Groovy Connect
Contact details
Groovy Connect LLP's registered office is in Nadiad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address519 – 520 5th Floor Center Square Santram Road Villege : Nadiad Taluka :, Nadiad, Gujarat, India – 387001
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Groovy Connect LLP, buy the company report.
Comprehensive company report
Groovy Connect LLP - one report that includes everything
- 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
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Financials of Groovy Connect LLP
FY 2024 filings availableGroovy Connect LLP reported revenue of ₹1.09 Cr (up 48% YoY) for FY 2021.
Revenue · FY 2021
₹1.09 Cr ▲ 48%
Net profit · FY 2021
₹19.38 Lakh margin 17.7%
EBITDA · FY 2021
₹21.85 Lakh margin 20%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 48%
Revenue rose 48% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Income and Expenditure | ||
| Turnover | ₹1.09 Cr | |
| Other Income | ||
| Total Income | ||
| Purchases and Direct Costs | ||
| Personnel Expenses | ||
| Administrative Expenses | ||
| Interest | ||
| Depreciation | ||
| Total Expenses | ||
| Profit Before Tax | ||
| Tax | ||
| Profit After Tax | ₹19.38 Lakh | |
| Profit Transferred to Partners | ||
| Assets and Liabilities | ||
| Partners' Contribution | ||
| Reserves and Surplus | ||
| Secured Loans | ||
| Unsecured Loans | ||
| Trade Payables | ||
| Other Liabilities and Provisions | ||
| Total Liabilities | ||
| Fixed Assets | ||
| Investments | ||
| Loans and Advances | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profitability | ||
| Net Profit Margin | 17.7% | |
| Return on Partners' Funds | ||
| Return on Assets | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Debt to Partners' Funds | ||
| Interest Coverage | ||
| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
| Turnover Growth | ||
| Profit Growth | ||
To see the full financial statements and ratios of Groovy Connect LLP, buy the company report.
Designated partners of Groovy Connect LLP
Groovy Connect has 2 designated partners on record. No former designated partners are listed.
Current Designated Partners
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krunal Balmukund Panchal Also directs: Groovy Technoweb Private Limited | Designated Partner | 05 Apr 2019 | 7 Years 7 Months | Current |
| Sagarbhai Atulbhai Patel Also directs: Groovy Technoweb Private Limited | Designated Partner | 05 Apr 2019 | 7 Years 7 Months | Current |
Legal cases
No court or tribunal cases involving Groovy Connect LLP 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 Groovy Connect LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Groovy Connect has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AATFG8564A1Z8 | Gujarat | Active | 13 Oct 2020 |
To see the full GST registrations and return filing status of Groovy Connect LLP, buy the company report.
Recent activity
Groovy Connect LLP has 2 designated partner changes on record since 2019: 2 appointments. The latest: Krunal Balmukund Panchal was appointed as Designated Partner on 05 Apr 2019.
AGM
Groovy Connect Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Groovy Connect Llp has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Appointed
Krunal Balmukund Panchal was appointed as Designated Partner.
Appointed
Sagarbhai Atulbhai Patel was appointed as Designated Partner.
Incorporation
05 Apr 2019
Groovy Connect Llp was registered on 05 Apr 2019 with Roc Ahmedabad & aged 7 years 7 months as per MCA records.
Frequently asked questions
Groovy Connect is an active limited liability partnership based in Nadiad, Gujarat, India. The LLP works in application development and software solutions, within the information technology industry. It was incorporated on 05 April 2019 (7+ years old) and is registered under LLPIN AAO-7969.
Groovy Connect has 2 current designated partners:
- Krunal Balmukund Panchal - Designated Partner
- Sagarbhai Atulbhai Patel - Designated Partner
The latest financial statements of Groovy Connect on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Groovy Connect is 24AATFG8564A1Z8, registered in Gujarat.
The LLPIN (Limited Liability Partnership Identification Number) of Groovy Connect is AAO-7969. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Groovy Connect was incorporated on 05 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Krunal Balmukund Panchal was appointed as Designated Partner on 05 Apr 2019. Sagarbhai Atulbhai Patel was appointed as Designated Partner on 05 Apr 2019.
Yes, Groovy Connect is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-12-0005416).
The registered office of Groovy Connect is at 519 – 520 5th Floor Center Square Santram Road Villege : Nadiad Taluka :, Nadiad, Gujarat, India – 387001.
Groovy Connect operates in the information technology industry, in the application development and software solutions segment.
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