Connect 2 Payroll Private Limited

Connect 2 Payroll Private Limited - business services in Ahmedabad, Gujarat, India. FY 2026 financials and compliance.
CIN U74999GJ2018PTC100877 Incorporated 19 February 2018 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company business services
Data last updated
Revenue · FY 2025
₹16.67 Lakh
▼ 9.00% YoY
EBITDA · FY 2025
*****
▼ 872.00% YoY
Net profit · FY 2025
*****
▼ 756.00% YoY
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
None
Secured borrowings
Company age
8 yrs
Est. 2018
Last financials
Mar 2025
Balance sheet date

About Connect 2 Payroll Private Limited

Data last updated: 09 March 2026

Connect 2 Payroll Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It specialises in diversified business activities, a part of the broader business services sector. Incorporated on 19 February 2018, the company has been in operation for over 8 years.

Registered with ROC Ahmedabad under CIN U74999GJ2018PTC100877.

Capital: an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Bhumika Mehul Thakkar and Mehul Rajeshbhai Thakkar.

Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 1004/A Mahalay Complex Opp. Hotel President C G Road, Ahmedabad, Gujarat, India – 380009.

As per the financials filed for FY 2025, the company reported a revenue of ₹16.67 Lakh, a decline of 9% compared to the previous year.

The company is associated with 1 brand - Connect2payroll.

For more details, the company can be reached via its website connect2payroll.com.

Company Details of Connect 2 Payroll Private Limited
CIN U74999GJ2018PTC100877
Registration Number 100877
Incorporation Date 19 February 2018
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Contact Details
  • Email
    *****@*****.com
  • Telephone
    **************
  • Social Media
    **************
  • Registered Address
    1004/A Mahalay Complex Opp. Hotel President C G Road, Ahmedabad, Gujarat, India – 380009
  • Industry
    Business Services, Miscellaneous Business Activities, Other Services
Company report
Connect 2 Payroll Private Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Connect 2 Payroll Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Connect 2 Payroll Private Limited

Connect 2 Payroll Private Limited operates one associated brand: Connect2Payroll. These brands represent Connect 2 Payroll Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Payroll management, compliance, and HR consulting services for corporate clients. connect2payroll.com

Competitors & Alternatives of Connect 2 Payroll Private Limited

Brands and companies operating in the same space as Connect 2 Payroll Private Limited include Randstad, CIEL HR, Alera Group and 7 more.

Competitor Description Location Founded
Randstad Randstad HR consulting, recruitment, and outsourcing services are offered worldwide. Diemen, Netherlands, Netherlands 1960
CIEL HR CIEL HR HR management, recruitment, and staffing services are provided. Bengaluru, India, India 2015
Alera Group Alera Group HR, insurance, and liability services are provided by Alera Group. Deerfield, United States, United States 1995
UKG UKG Provider of HR and payroll & workforce management solutions Weston, United States, United States 1977
Wanted Wanted HR management services are provided by Wanted in South Korea. Seoul, South Korea, South Korea 2015
Bullhorn Bullhorn Cloud-based ATS and CRM systems are offered for staffing agencies. Boston, United States, United States 1999
Gi Group Gi Group End-to-end HR services are provided globally by Gi Group. Milan, Italy, Italy 1998
ADP ADP Cloud-based HR management solutions are offered for payroll and compliance. Roseland, United States, United States 1949
Insperity Insperity HR outsourcing services are provided to businesses by Insperity. Kingwood, United States, United States 1986
HR Path HR Path HR and payroll outsourcing plus consulting services are provided. Nanterre, France, France 2001

Business Activity of Connect 2 Payroll Private Limited

Connect 2 Payroll Private Limited is engaged in the principal business activity of professional, scientific and technical, with detailed activities including other professional, scientific and technical activities.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
M Professional, Scientific and Technical M9 Other professional, scientific and technical activities *********

Board of Directors of Connect 2 Payroll Private Limited

Connect 2 Payroll Private Limited is governed by 2 directors who oversee the company's operations and strategic decisions.

Current Directors
Name Designation Appointment Date Tenure Status
Bhumika Mehul Thakkar Director 19 Feb 2018 8 Years 4 Months Current
Mehul Rajeshbhai Thakkar Director 19 Feb 2018 8 Years 4 Months Current

Financials of Connect 2 Payroll Private Limited FY 2025 filings available

Connect 2 Payroll Private Limited reported revenue of ₹16.67 Lakh (down 9% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹16.67 Lakh ▼ -9%
Profit
***** ▼ -756%
EBITDA
***** ▼ -872%
Metrics
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Revenue
Revenue from Operations
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Revenue Growth %
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Other Income
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Total Revenue
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Expenses
Total Expenses
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Raw Material Cost
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Change in Inventory FG
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Change in Inventory WIP
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Purchase of Traded Goods
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Employee Cost
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Managerial Remuneration
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Audit Fees
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Insurance
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Power & Fuel
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Interest
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Depreciation
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Other Expenses
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Profitability
EBITDA (Operating Profit)
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Operating Margin %
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Exceptional Items
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Extraordinary Items
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Profit Before Exceptional & Extraordinary Items
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Profit Before Tax
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Tax & Net Profit
Tax Expense
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Current Tax
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Deferred Tax
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Profit from Discontinued Operations
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Tax on Discontinued Operations
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Profit
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Net Margin %
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Metrics
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Shareholders' Funds
Total Shareholders' Funds
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Equity Capital
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Reserves & Surplus
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Money Against Warrants
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Other Equity
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Non-Current Liabilities
Total Non-Current Liabilities
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Long-Term Borrowings
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Deferred Tax Liabilities
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Other Non-Current Liabilities
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Long-Term Provisions
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Current Liabilities
Total Current Liabilities
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Short-Term Borrowings
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Trade Payables
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Other Current Liabilities
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Short-Term Provisions
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Total Equity & Liabilities
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Non-Current Assets
Non-Current Assets
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Tangible Assets
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Intangible Assets
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Capital WIP
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Intangibles Under Dev
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Investments
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Deferred Tax Assets
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LT Loans & Advances
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Other Non-Current Assets
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Current Assets
Current Assets
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Current Investments
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Inventories
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Trade Receivables
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Cash & Bank Balance
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ST Loans & Advances
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Other Current Assets
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Total Assets
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Metrics
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Cash from Operating Activities (CFO)
Profit Before Tax
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Non-Cash Adjustments
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+ Interest Expense
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+ Depreciation
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+/- Unrealized Forex
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- Dividend Income
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- Interest Income
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+/- Other Non-Cash Items
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Changes in Working Capital
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+/- Inventory
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+/- Debtors
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+/- Creditors
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Reconciliation Adjustments
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Cash Generated from Operations
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Income Taxes Paid
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Net CFO (Cash from Operations)
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Cash from Investing Activities (CFI)
Acquisitions & Disposals
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Disposal of Subsidiaries
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Acquisition of Subsidiaries
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Capex
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Purchase of Fixed Assets
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Sale of Fixed Assets
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Other Investing Cash Flows
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Net CFI (Cash from Investing)
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Cash from Financing Activities (CFF)
Equity Issuance
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Debt Raised
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Debt Repaid
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Dividends Paid
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Interest Paid
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Net CFF (Cash from Financing)
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Net Cash Position
Net Change in Cash (Pre-Forex)
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Closing Cash & Equivalents
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Metrics
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Liquidity
Current Ratio
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Quick Ratio
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Cash Ratio
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Efficiency
Inventory Days
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Debtor Days
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Creditor Days
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Cash Conversion Cycle
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Asset Turnover
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Profitability
Net Profit Margin %
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Operating Margin %
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ROE %
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ROCE %
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Net Worth Margin %
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Growth
Revenue Growth %
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Leverage
Equity Multiplier
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Debt / EBITDA
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Solvency
D/E Ratio
*****
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ICR
*****
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Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF
What Is the Ownership and Shareholding Structure of Connect 2 Payroll Private Limited?

View Connect 2 Payroll Private Limited's control and ownership data: shareholding patterns, funding details, FII information, directors and KMP remuneration, group structure, overseas investment and related data.

Shareholding Pattern (FY 2026)
Shareholding pattern chart
  • Promoters: **.**%
  • Public: **.**%
  • Others: **.**%
Shareholding Pattern over the Year
FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Promoters**.****.****.****.****.**
Public**.****.****.****.****.**
Others**.****.****.****.****.**

Full shareholding pattern with quarterly trends.

Charges & Borrowings Connect 2 Payroll Private Limited

Connect 2 Payroll Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Connect 2 Payroll Private Limited

View historical data on people associated with Connect 2 Payroll Private Limited, including employment history and EPFO contributions.

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Connect 2 Payroll Private Limited

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Connect 2 Payroll Private Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Connect 2 Payroll Private Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Connect 2 Payroll Private Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Connect 2 Payroll Private Limited

Access complete credit rating history, litigation records, regulatory alerts, and compliance data.

Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Connect 2 Payroll Private Limited

MSME Payment Delays by Connect 2 Payroll Private Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Connect 2 Payroll Private Limited

Subsidiaries & Group Companies of Connect 2 Payroll Private Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Connect 2 Payroll Private Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Connect 2 Payroll Private Limited

MCA Filings & Documents of Connect 2 Payroll Private Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Connect 2 Payroll Private Limited

Activity
30 Sep 2025
Connect 2 Payroll Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Activity
31 Mar 2025
Connect 2 Payroll Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Directors
19 Feb 2018
Bhumika Mehul Thakkar was appointed as a Director on 19 Feb 2018 & has been associated with this company since 8 years 4 months.
Directors
19 Feb 2018
Mehul Rajeshbhai Thakkar was appointed as a Director on 19 Feb 2018 & has been associated with this company since 8 years 4 months.
Activity
19 Feb 2018
Connect 2 Payroll Private Limited was registered on 19 Feb 2018 with Roc Ahmedabad & aged 8 years 4 months as per MCA records.

Frequently Asked Questions about Connect 2 Payroll Private Limited

Connect 2 Payroll Private Limited is an active private limited company in the business services sector based in Ahmedabad, Gujarat, India. It was incorporated on 19 February 2018 (8+ years old) and is registered under CIN U74999GJ2018PTC100877.

Connect 2 Payroll Private Limited reported revenue of ₹16.67 Lakh for FY 2025 (down 9.00% YoY).

The current directors of Connect 2 Payroll Private Limited are:

The primary industry of Connect 2 Payroll Private Limited is business services. The company specifically operates in miscellaneous business activities. The company is currently active in this sector.

Connect 2 Payroll Private Limited can be reached at the registered office: 1004A Mahalay Complex Opp. Hotel President C G Road, Ahmedabad, Gujarat, India – 380009, or through the website connect2payroll.com.

The authorised capital is ₹1 Lakh, and the paid-up capital is ₹1 Lakh.

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