MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-19-0091815
24X7 Connect India Private Limited - home & lifestyle in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹156.31 Cr
▲ 6744% YoY
Net profit · FY 2024
₹34.97 Lakh
Net margin 0.2%
EBITDA · FY 2024
₹51.43 Lakh
EBITDA margin 0.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Satisfied charges
₹60 Lakh
No open charges
Company age
10 yrs
Est. 2016
Directors on board
3
As per MCA filings
About 24X7 Connect India Private Limited
Data last updated:
24X7 Connect India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 20 September 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52100MH2016PTC286061. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ashish Deepak Mandal and Rajkumar Gangaram Olambe.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹156.31 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹34.97 Lakh (net margin 0.2%) and EBITDA of ₹51.43 Lakh (EBITDA margin 0.3%). Revenue has grown at a compounded annual rate (CAGR) of 523% over three years and 257% over five years.
As per MCA filings, the company has satisfied charges of ₹60 Lakh on record.
24X7 Connect India Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-19-0091815). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website 24x7fsc.com.
Company details
CIN U52100MH2016PTC286061
Registration Number 286061
Incorporation Date 20 September 2016
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-19-0091815
CIN history
24X7 Connect India has one previous CIN (Corporate Identification Number): U74999MH2016PTC286061. The current CIN is U52100MH2016PTC286061, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52100MH2016PTC286061 | Current |
| U74999MH2016PTC286061 | Previous |
Key People
Ashish Deepak Mandal Additional Director Rajkumar Gangaram Olambe Additional Director Viren Khodidas Sheth Additional Director Recognitions & Rankings of 24X7 Connect India
Contact details
24X7 Connect India Private Limited's registered office is in Mumbai, Maharashtra. Its website is 24x7fsc.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShree Sai Seva Sangh S B Patil Marg Gazdhar Bandh, Santacruz West Nr Narendra Appartment, Mumbai, Maharashtra, India – 400054
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of 24X7 Connect India Private Limited, buy the company report.
Comprehensive company report
24X7 Connect 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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Business activity
The main business activity of 24X7 Connect India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of 24X7 Connect India Private Limited, buy the company report.
Financials of 24X7 Connect India Private Limited
FY 2024 filings available24X7 Connect India Private Limited reported revenue of ₹156.31 Cr (up 6744% YoY) for FY 2024.
Revenue · FY 2024
₹156.31 Cr ▲ 6744%
Net profit · FY 2024
₹34.97 Lakh margin 0.2%
EBITDA · FY 2024
₹51.43 Lakh margin 0.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 523%
5 years · compounded
▲ 257%
EBITDA CAGR growth
3 years · compounded
▲ 267%
5 years · compounded
▲ 86%
Revenue has grown at a compounded annual rate (CAGR) of 257% over five years. 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Finance Costs | |||||
| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹51.43 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹34.97 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.3% | ||||
| Net Profit Margin | 0.2% | ||||
| 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 24X7 Connect India Private Limited, buy the company report.
Board of directors of 24X7 Connect India Private Limited
24X7 Connect India has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Deepak Mandal | Additional Director | 05 Jan 2024 | 2 Years 9 Months | Current |
| Rajkumar Gangaram Olambe | Additional Director | 05 Jan 2024 | 2 Years 9 Months | Current |
| Viren Khodidas Sheth | Additional Director | 24 Jan 2024 | 2 Years 9 Months | Current |
Peer comparison
24X7 Connect India Private Limited is compared with the 6 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pravir Textiles Private Limited | ₹161.44 Cr (FY 2025) | 18.0% | Kolhapur, Maharashtra, India | |||
| TSL Agricom Private Limited | ₹161.06 Cr (FY 2025) | 29.0% | Haryana, India | |||
| Satyam Lifestyle Private Limited | ₹160.46 Cr (FY 2018) | 47.0% | Mumbai, Maharashtra, India | |||
| Tribeni Worldwide Private Limited | ₹158.69 Cr (FY 2025) | -44.0% | Surat, Gujarat, India | |||
| Shree Chintamani Knitting Private Limited | ₹156.33 Cr (FY 2025) | -29.0% | Mumbai, Maharashtra, India | |||
| 24X7 Connect India Private Limitedthis company | ₹156.31 Cr (FY 2024) | ₹34.97 Lakh | 0.2% | 6744.0% | Mumbai, Maharashtra, India | |
| Yuvati Designs Private Limited | ₹155.67 Cr (FY 2025) | 5.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of 24X7 Connect India Private Limited, buy the company report.
Auditor
24X7 Connect India Private Limited is audited by J W L & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J W L & ASSOCIATES | FY 2022 | 151522W |
Shareholding
The shareholding of 24X7 Connect India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of 24X7 Connect India Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹60 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2017 | 100090698 | State Bank of India | ₹60 Lakh | Satisfied |
To see the full charge records of 24X7 Connect India Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving 24X7 Connect 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 24X7 Connect India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
24X7 Connect India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of 24X7 Connect India Private Limited, buy the company report.
Recent activity
24X7 Connect India Private Limited has 13 board changes on record since 2019: 3 appointments and 10 cessations. The latest: Viren Khodidas Sheth was appointed as Additional Director on 24 Jan 2024.
AGM
24X7 Connect India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
24X7 Connect India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai I.
Appointed
Viren Khodidas Sheth was appointed as Additional Director.
Appointed
Ashish Deepak Mandal was appointed as Additional Director.
Ceased
Deepak Prakash Panchal ceased to be Additional Director.
Appointed
Rajkumar Gangaram Olambe was appointed as Additional Director.
Ceased
Sandeep Damodar Gaikwad ceased to be Additional Director.
Ceased
Rajkumar Gangaram Olambe ceased to be Additional Director.
Ceased
Rohan Chandrasen Ashar ceased to be Director.
Ceased
Sanjeev Tulsi Manek ceased to be Director.
Ceased
Analiza Crasto ceased to be Additional Director.
Charges
A charge registered on 29 Mar 2017 via Charge ID 100090698 with State Bank Of India was fully satisfied on 02 Dec 2020.
6 earlier events are in the company report.
Frequently asked questions
24X7 Connect India is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 20 September 2016 (10+ years old) and is registered under CIN U52100MH2016PTC286061.
24X7 Connect India has 3 current directors:
- Ashish Deepak Mandal - Additional Director
- Rajkumar Gangaram Olambe - Additional Director
- Viren Khodidas Sheth - Additional Director
The latest financial statements of 24X7 Connect India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
No. 24X7 Connect India has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of 24X7 Connect India is U52100MH2016PTC286061. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
24X7 Connect India was incorporated on 20 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of 24X7 Connect India by revenue are Pravir Textiles Private Limited, TSL Agricom Private Limited, Satyam Lifestyle Private Limited, Tribeni Worldwide Private Limited, Shree Chintamani Knitting Private Limited and 1 more, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Viren Khodidas Sheth was appointed as Additional Director on 24 Jan 2024. Ashish Deepak Mandal was appointed as Additional Director on 05 Jan 2024. Deepak Prakash Panchal ceased to be Additional Director on 05 Jan 2024. 24X7 Connect India has 13 board changes on record in total.
Yes, 24X7 Connect India is registered as an MSME under Udyam registration (number: UDYAM-MH-19-0091815).
24X7 Connect India can be reached through the website 24x7fsc.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of 24X7 Connect India is at Shree Sai Seva Sangh S B Patil Marg Gazdhar Bandh, Santacruz West Nr Narendra Appartment, Mumbai, Maharashtra, India – 400054.
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