MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0110087
Hubble Connected India Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹6.06 Cr
▼ 35% YoY
Net profit · FY 2024
₹16.96 Lakh
Net margin 2.8%
EBITDA · FY 2024
₹34.82 Lakh
EBITDA margin 5.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹4 Lakh
Issued & subscribed
Company age
13 yrs
Est. 2013
Employees · EPFO
27
Provident fund records
Directors on board
2
As per MCA filings
About Hubble Connected India Private Limited
Data last updated:
Hubble Connected India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of M/S. Hubble Connected (Cayman) Limited. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 11 January 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U36990KA2013PTC067580. Its GSTIN is 29AAFCC1353C1Z1 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4 Lakh. It was formerly known as Connovate Technology Private Limited. It is led by directors Praveen Homkar and Amit Kumar Sharma.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.06 Cr, a decline of 35% compared to the previous year. For the same year it recorded a net profit of ₹16.96 Lakh (net margin 2.8%) and EBITDA of ₹34.82 Lakh (EBITDA margin 5.7%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 7% over five years.
The company has about 27 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Connovate Technology. The company has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹48.7 Lakh; the latest was in March 2017.
Hubble Connected India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0110087). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website connovatech.com.
Company details
CIN U36990KA2013PTC067580
Registration Number 067580
Incorporation Date 11 January 2013
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company M/S. Hubble Connected (Cayman) Limited
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0110087
Recognitions & Rankings of Hubble Connected India
Contact details
Hubble Connected India Private Limited's registered office is in Bangalore, Karnataka. Its website is connovatech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 34 Ground Floor 4th Main, 7th Cross Sapthagiri Layout, Bangalore, Karnataka, India – 560085
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Hubble Connected India Private Limited, buy the company report.
Comprehensive company report
Hubble Connected India Private Limited - 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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Brands
Hubble Connected India operates one associated brand: Connovate Technology. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Wearable gadget technologies are developed and provided by the company. | connovatech.com |
Business activity
The main business activity of Hubble Connected India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Hubble Connected India Private Limited, buy the company report.
Financials of Hubble Connected India Private Limited
FY 2025 filings availableHubble Connected India Private Limited reported revenue of ₹6.06 Cr (down 35% YoY) for FY 2024.
Revenue · FY 2024
₹6.06 Cr ▼ 35%
Net profit · FY 2024
₹16.96 Lakh margin 2.8%
EBITDA · FY 2024
₹34.82 Lakh margin 5.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 35%
3 years · compounded
▼ 11%
5 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▼ 68%
3 years · compounded
▼ 31%
5 years · compounded
▼ 14%
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 35% fall in the latest year. EBITDA fell 68% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹34.82 Lakh | ||||
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| Net Profit (PAT) | ₹16.96 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 5.7% | ||||
| Net Profit Margin | 2.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Hubble Connected India Private Limited, buy the company report.
Board of directors of Hubble Connected India Private Limited
Hubble Connected India has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Praveen Homkar | Director | 04 Jun 2021 | 5 Years 5 Months | Current |
| Amit Kumar Sharma Also directs: Binatone Telecommunication Private Limited | Director | 24 Apr 2018 | 8 Years 6 Months | Current |
Auditor
Hubble Connected India Private Limited is audited by VISHNU DAYA AND CO LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VISHNU DAYA AND CO LLP | FY 2022 | 008456S/S200092 |
Shareholding
The shareholding of Hubble Connected India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hubble Connected India Private Limited, buy the company report.
Deals & funding
Hubble Connected India Private Limited has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹48.7 Lakh; the latest was in March 2017.
Total deals
5
Secondary share transfers
3
Funding rounds
2
Disclosed funding
₹48.7 Lakh
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Binatone Telecommunication Private Limited Seller: 3 individuals |
| Feb 2016 | Secondary share transfer | Undisclosed | Buyer: Binatone Telecommunication Private Limited Seller: an individual |
| Dec 2014 | Funding round | ₹21.4 Lakh | Investors: Hubble Connected Limited |
| Nov 2014 | Funding round | ₹27.3 Lakh | Investors: Hubble Connected Limited |
| Feb 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Hubble Connected India 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 Hubble Connected India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Hubble Connected India Private Limited has a workforce of 27 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
Employee count
27
Active EPFO establishments
1
Employee growth
-20.59%
GST
Hubble Connected India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCC1353C1Z1 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hubble Connected India Private Limited, buy the company report.
Recent activity
Hubble Connected India Private Limited has 11 board changes on record since 2015: 2 appointments and 9 cessations. The latest: Praveen Homkar ceased to be Additional Director on 26 Oct 2021.
AGM
Hubble Connected India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Hubble Connected India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Praveen Homkar ceased to be Additional Director.
Ceased
Mahesh Shripad Sapre ceased to be Director.
Appointed
Praveen Homkar was appointed as Director.
Appointed
Amit Kumar Sharma was appointed as Director.
Ceased
Ochintya Sharma ceased to be Director.
Ceased
Vinay Avasthi ceased to be Director.
Ceased
Kirankumar Rajarao ceased to be Director.
Ceased
Rajeev Malisetty Kumar ceased to be Director.
Ceased
Varadarajan Sundaraparipurnan ceased to be Director.
Ceased
Bahubali Vasant Shete ceased to be Director.
2 earlier events are in the company report.
Frequently asked questions
Hubble Connected India is an active private limited company based in Bangalore, Karnataka, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 11 January 2013 (13+ years old) and is registered under CIN U36990KA2013PTC067580.
Hubble Connected India has 2 current directors:
- Praveen Homkar - Director
- Amit Kumar Sharma - Director
The latest financial statements of Hubble Connected India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Hubble Connected India is 29AAFCC1353C1Z1, registered in Karnataka.
The CIN (Corporate Identification Number) of Hubble Connected India is U36990KA2013PTC067580. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hubble Connected India was incorporated on 11 January 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
Hubble Connected India has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹48.7 Lakh; the latest was in March 2017.
Praveen Homkar ceased to be Additional Director on 26 Oct 2021. Mahesh Shripad Sapre ceased to be Director on 04 Jun 2021. Praveen Homkar was appointed as Director on 04 Jun 2021. Hubble Connected India has 11 board changes on record in total.
Yes, Hubble Connected India is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0110087).
Hubble Connected India can be reached through the website connovatech.com. Its registered office is in Bangalore, Karnataka, India.
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