Propconnect Avenue Private Limited

Propconnect Avenue Private Limited - real estate in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U70109MH2019PTC332160 Incorporated 24 October 2019 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company real estate
Data last updated
Revenue · FY 2024
₹18.3 Lakh
▲ 4% YoY
Net loss · FY 2024
₹94.74 Lakh
Latest filing
EBITDA · FY 2024
₹13.88 Lakh
EBITDA margin 75.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.02 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
Last financials
Mar 2025
Balance sheet date

About Propconnect Avenue Private Limited

Data last updated:

Propconnect Avenue Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 24 October 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70109MH2019PTC332160.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.02 Lakh. It is led by directors including Arpit Parakh and Aniket Ashok Bharadia.

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 1106 Floor – 11 Marathon Icon Off Ganpat Rao Kadam Marg Lower Parel (W), Mumbai, Maharashtra, India – 400013.

As per the financials filed for FY 2024, the company reported a revenue of ₹18.3 Lakh, a growth of 4% compared to the previous year. For the same year it recorded a net loss of ₹94.74 Lakh and EBITDA of ₹13.88 Lakh (EBITDA margin 75.8%).

Company details

CIN U70109MH2019PTC332160
Registration Number 332160
Incorporation Date 24 October 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025

Contact details

Propconnect Avenue Private Limited's registered office is in Mumbai, Maharashtra.

  • Registered Address
    1106 Floor – 11 Marathon Icon Off Ganpat Rao Kadam Marg Lower Parel (W), Mumbai, Maharashtra, India – 400013
  • Industry
    Real Estate, Real Estate Leasing
Comprehensive company report
Propconnect Avenue Private Limited - one report that includes everything
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  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of Propconnect Avenue is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance activities66Activities auxiliary to financial service and insurance activities

To see the full business activity and turnover split of Propconnect Avenue Private Limited, buy the company report.

Financials of Propconnect Avenue Private Limited

FY 2025 filings available

Propconnect Avenue Private Limited reported revenue of ₹18.3 Lakh (up 4% YoY) for FY 2024.

Revenue · FY 2024
₹18.3 Lakh ▲ 4%
Net loss · FY 2024
₹94.74 Lakh
EBITDA · FY 2024
₹13.88 Lakh margin 75.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 4%
EBITDA CAGR growth
1 year
▲ 34%
3 years · compounded
▲ 300%

Revenue rose 4% in the latest year. EBITDA rose 34% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹13.88 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹94.74 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin75.8%
Net Profit Margin
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Propconnect Avenue Private Limited, buy the company report.

Board of directors of Propconnect Avenue Private Limited

Propconnect Avenue has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Arpit ParakhDirector24 Oct 20197 Years 0 MonthsCurrent
Aniket Ashok BharadiaDirector20 Oct 20206 Years 0 MonthsCurrent
Ronak JainDirector11 Oct 20215 Years 0 MonthsCurrent

Peer comparison

Propconnect Avenue Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (activities auxiliary to financial service and insurance activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Sindhusri Nidhi Limited₹18.32 Lakh (FY 2025)-56.0%Sindhanur, Karnataka, India
Ramson Investments and Real Estate Private Limited₹18.32 Lakh (FY 2025)62.0%Nashik, Maharashtra, India
Singhi Wealth Advisors Private Limited₹18.32 Lakh (FY 2025)266.0%Mumbai, Maharashtra, India
VGSG Art Private Limited₹18.32 Lakh (FY 2025)14.0%Kolkata, West Bengal, India
Suvarnkamal Multiple Nidhi Limited₹18.31 Lakh (FY 2025)-51.0%Pathardi, Maharashtra, India
Propconnect Avenue Private Limitedthis company₹18.3 Lakh (FY 2024)-₹94.74 Lakh4.0%Mumbai, Maharashtra, India
A1 Debt Management Private Limited₹18.29 Lakh (FY 2025)-12.0%Bhubaneswar, Odisha, India
Aarav Advisory Services Private Limited₹18.28 Lakh (FY 2025)14.0%Mumbai, Maharashtra, India
Finware Research Private Limited₹18.27 Lakh (FY 2025)1.0%New Delhi, Delhi, India
Finaccit Consultants Private Limited₹18.23 Lakh (FY 2025)-7.0%Aurangabad, Maharashtra, India
Ashish Finco Pvt Ltd₹18.23 Lakh (FY 2025)83.0%Kolkata, West Bengal, India

To see the full peer comparison of Propconnect Avenue Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Propconnect Avenue Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Propconnect Avenue Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Propconnect Avenue Private Limited has 6 board changes on record since 2019: 3 appointments and 3 cessations. The latest: Ronak Jain ceased to be Additional Director on 30 Nov 2021.

AGM
Propconnect Avenue Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Propconnect Avenue Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Ronak Jain ceased to be Additional Director.
Ceased
Rishabh Pradeep Golchha ceased to be Director.
Appointed
Ronak Jain was appointed as Director.
Ceased
Aniket Ashok Bharadia ceased to be Additional Director.
Appointed
Aniket Ashok Bharadia was appointed as Director.
Appointed
Arpit Parakh was appointed as Director.
Incorporation
24 Oct 2019
Propconnect Avenue Private Limited was registered on 24 Oct 2019 with Roc Mumbai & aged 7 years 2 days as per MCA records.

Frequently asked questions

Propconnect Avenue is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 24 October 2019 (7+ years old) and is registered under CIN U70109MH2019PTC332160.

Propconnect Avenue has 3 current directors:

The latest financial statements of Propconnect Avenue 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 FY 2020 are in the company report.

The CIN (Corporate Identification Number) of Propconnect Avenue is U70109MH2019PTC332160. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Propconnect Avenue was incorporated on 24 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Propconnect Avenue by revenue are Sindhusri Nidhi Limited, Ramson Investments and Real Estate Private Limited, Singhi Wealth Advisors Private Limited, VGSG Art Private Limited, Suvarnkamal Multiple Nidhi Limited and 5 more, all in the same principal business activity (activities auxiliary to financial service and insurance activities).

Ronak Jain ceased to be Additional Director on 30 Nov 2021. Rishabh Pradeep Golchha ceased to be Director on 11 Oct 2021. Ronak Jain was appointed as Director on 11 Oct 2021. Propconnect Avenue has 6 board changes on record in total.

The registered office of Propconnect Avenue is at 1106 Floor – 11 Marathon Icon Off Ganpat Rao Kadam Marg Lower Parel W, Mumbai, Maharashtra, India – 400013.

Propconnect Avenue operates in the real estate industry, in the real estate leasing segment.

Propconnect Avenue can be reached at its registered office: 1106 Floor – 11 Marathon Icon Off Ganpat Rao Kadam Marg Lower Parel W, Mumbai, Maharashtra, India – 400013.

Propconnect Avenue is registered under the jurisdiction of the Registrar of Companies (ROC), Mumbai.