Connect Cargo Private Limited

Connect Cargo Private Limited - transport and logistics in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U63090KA2001PTC172455 Incorporated 12 July 2001 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company transport and logistics MSME · Medium
Data last updated
Revenue · FY 2024
₹42.82 Cr
▼ 38% YoY
Net profit · FY 2024
₹2.9 Cr
Net margin 6.8%
EBITDA · FY 2024
₹1.53 Cr
EBITDA margin 3.6%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Satisfied charges
₹8.15 Cr
No open charges
Company age
25 yrs
Est. 2001
Employees · EPFO
36
Provident fund records

About Connect Cargo Private Limited

Data last updated:

Connect Cargo Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Jayem Logistics Private Limited. It operates in the carrying and forwarding agents (cfa) segment of the transport and logistics sector. It was incorporated on 12 July 2001 and has been in existence for over 25 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U63090KA2001PTC172455. Its GSTIN is 29AABCC6275D1ZO (Karnataka). The company holds 7 GST registrations, all of them active.

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Hirokazu Kojima (Managing Director) and Kaushik Kumar Rajan.

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 ₹42.82 Cr, a decline of 38% compared to the previous year. For the same year it recorded a net profit of ₹2.9 Cr (net margin 6.8%) and EBITDA of ₹1.53 Cr (EBITDA margin 3.6%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 5% over five years.

The company has about 36 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Connect Cargo. As per MCA filings, the company has satisfied charges of ₹8.15 Cr on record. Court records list 27 cases involving the company, including 23 filed by the company and 4 filed against it; 7 cases are pending. The company has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹60 Lakh; the latest was in December 2013. Its 5 peer companies in the Transport and Logistics industry (Carrying and Forwarding Agents), with the same principal business activity (services incidental to land, water & air transportation) are compared by revenue, 2 larger and 3 smaller; the largest is Sunrise Freight Forwarders Private Limited with revenue of ₹46.28 Cr. The company has 2 MSME Form 1 returns on record for the period ending Sep 2020, listing 4 overdue payments to 3 micro and small suppliers.

Connect Cargo Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0013977). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website connectcargo.com.

Company details

CIN U63090KA2001PTC172455
Registration Number 172455
Incorporation Date 12 July 2001
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Jayem Logistics Private Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-02-0013977

CIN history

Connect Cargo has one previous CIN (Corporate Identification Number): U63090TN2001PTC047418. The current CIN is U63090KA2001PTC172455, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U63090KA2001PTC172455Current
U63090TN2001PTC047418Previous
Key People
Hirokazu Kojima Managing Director Kaushik Kumar Rajan Director Masato Oue Additional Director

Recognitions & Rankings of Connect Cargo

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-TN-02-0013977

Contact details

Connect Cargo Private Limited's registered office is in Bangalore, Karnataka. Its website is connectcargo.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    connectcargo.com
  • Social Media
  • Registered Address
    #402 B Wing 4th Floor, Mittal Tower M.G Road, Bangalore, Karnataka, India – 560001
  • Industry
    Transport and Logistics, Carrying & Forwarding Agents (CFA)

To see the full contact details of Connect Cargo Private Limited, buy the company report.

Comprehensive company report
Connect Cargo 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

Connect Cargo operates one associated brand: Connect Cargo. Each brand links to its own profile.

BrandDescriptionWebsite
Connect Cargo
Freight forwarding, warehousing, transportation, and logistics services are offered.connectcargo.com

Business activity

The main business activity of Connect Cargo is transport and storage. In detail, this covers services incidental to land, water & air transportation.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
HTransport and storageH5Services incidental to land, water & air transportation

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

Financials of Connect Cargo Private Limited

FY 2025 filings available

Connect Cargo Private Limited reported revenue of ₹42.82 Cr (down 38% YoY) for FY 2024.

Revenue · FY 2024
₹42.82 Cr ▼ 38%
Net profit · FY 2024
₹2.9 Cr margin 6.8%
EBITDA · FY 2024
₹1.53 Cr margin 3.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 38%
3 years · compounded
▼ 9%
5 years · compounded
▼ 5%
EBITDA CAGR growth
1 year
▼ 63%
3 years · compounded
▲ 1%
5 years · compounded
▲ 17%

Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 38% fall in the latest year. EBITDA fell 63% 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₹1.53 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.9 Cr
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 Margin3.6%
Net Profit Margin6.8%
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 Connect Cargo Private Limited, buy the company report.

Board of directors of Connect Cargo Private Limited

Connect Cargo has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Kaushik Kumar Rajan
Also directs: Gomas Systems and Controls Private Limited, Jayem Trade Private Limited, Jayem Logistics Private Limited and 5 more
Director28 Nov 200520 Years 11 MonthsCurrent
Masato Oue
Also directs: Jayem Trade Private Limited, Alpha Exim Management Private Limited
Additional Director06 Feb 20260 Years 9 MonthsCurrent
Hirokazu Kojima
Also directs: Jayem Trade Private Limited, Alpha Exim Management Private Limited, Alps Logicom India Private Limited
Managing Director06 Feb 20260 Years 9 MonthsCurrent
View all directors

Peer comparison

Connect Cargo Private Limited is compared with the 5 companies closest to it by revenue in the Transport and Logistics industry (Carrying and Forwarding Agents), with the same principal business activity (services incidental to land, water & air transportation), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Sunrise Freight Forwarders Private Limited₹46.28 Cr (FY 2024)9.0%New Delhi, Delhi, India
Seaman Logistics Solutions Private Limited₹44.1 Cr (FY 2023)8.0%Delhi, India
Connect Cargo Private Limitedthis company₹42.82 Cr (FY 2024)₹2.9 Cr6.8%-38.0%36Bangalore, Karnataka, India
Ekf Global Logistics Private Limited₹42.65 Cr (FY 2025)63.0%Mumbai, Maharashtra, India
Parulekars Shipping Private Limited₹41.86 Cr (FY 2025)21.0%Mumbai, Maharashtra, India
Esquire Express (India) Private Limited₹40.34 Cr (FY 2025)38.0%Chennai, Tamil Nadu, India

To see the full peer comparison of Connect Cargo Private Limited, buy the company report.

Auditor

Connect Cargo Private Limited is audited by Ezhil & Raj for the financial year 2022.

Auditor firmFinancial yearFirm registration number
Ezhil & RajFY 2022000821S

Shareholding

The shareholding of Connect Cargo 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 categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Connect Cargo Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹8.15 Cr
Breakdown by lending institutions
Others₹7.50 Cr
Hdfc Bank Limited₹0.65 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Mar 201310419716Others₹7.5 CrSatisfied
18 Feb 201010205719Hdfc Bank Limited₹65 LakhSatisfied

To see the full charge records of Connect Cargo Private Limited, buy the company report.

Total charge records: 2 View all charges

Deals & funding

Connect Cargo Private Limited has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹60 Lakh; the latest was in December 2013.

Total deals
5
Secondary share transfers
3
Funding rounds
2
Disclosed funding
₹60 Lakh

Deals on record (5 of 5)

WhenDealAmountParties
Dec 2013Funding round₹50 LakhInvestors: Jayem Logistics Private Limited
Apr 2011Secondary share transferUndisclosedBuyer: Jayem Logistics Private Limited
Seller: Kochi Holdings Private Limited , Gomas Systems and Controls Private Limited , an individual
May 2008Secondary share transferUndisclosedBuyer: Gomas Systems and Controls Private Limited
Seller: Medhu Holdings Private Limited
May 2008Funding round₹10 LakhInvestors: Gomas Systems and Controls Private Limited
Feb 2007Secondary share transferUndisclosedBuyer: Kochi Holdings Private Limited , an individual
Seller: Gomas Systems and Controls Private Limited , an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Connect Cargo Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2020, listing 4 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (3 of 3)

SupplierAmount dueDue sinceReported on
Gomas Systems and Controls Private Limited
Jayem Logistics Private Limited
Vaidi Facility Management Private Limited

To see the full MSME payment records of Connect Cargo Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Connect Cargo Private Limited has a workforce of 36 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.

Employee count
36
Active EPFO establishments
1

GST

Connect Cargo has 7 GST registrations: 7 active. The first 4 active GSTINs are listed below.

Total GSTINs
7
Active
7
GSTINStateStatusRegistered on
29AABCC6275D1ZOKarnatakaActive01 Jul 2017
07AABCC6275D1ZUDelhiActive01 Jul 2017
19AABCC6275D1ZPWest BengalActive01 Jul 2017
27AABCC6275D1ZSMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Connect Cargo Private Limited, buy the company report.

Recent activity

Connect Cargo Private Limited has 10 board changes on record since 2005: 5 appointments and 5 cessations. The latest: Hirokazu Kojima was appointed as Managing Director on 06 Feb 2026.

Appointed
Hirokazu Kojima was appointed as Managing Director.
Appointed
Masato Oue was appointed as Additional Director.
AGM
Connect Cargo Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Connect Cargo Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Puthenpurackal Chacko Xavier ceased to be Additional Director.
Appointed
Puthenpurackal Chacko Xavier was appointed as Director.
Ceased
Madhumita Kumar Rajan ceased to be Director.
Charges
A charge registered on 30 Mar 2013 via Charge ID 10419716 with Others was fully satisfied on 06 Mar 2021.
Charges
A charge with Others of Rs. 7.50 Cr registered on 30 Mar 2013 with Charge ID 10419716 was modified on 15 Mar 2018.
Charges
A charge registered on 18 Feb 2010 via Charge ID 10205719 with Hdfc Bank Limited was fully satisfied on 11 May 2013.
Charges
A charge with Others amounted to Rs. 7.50 Cr with Charge ID 10419716 was registered on 30 Mar 2013.
Charges
A charge with Hdfc Bank Limited of Rs. 0.65 Cr registered on 18 Feb 2010 with Charge ID 10205719 was modified on 30 Jul 2011.

7 earlier events are in the company report.

Frequently asked questions

Connect Cargo is an active private limited company based in Bangalore, Karnataka, India. The company works in carrying and forwarding agents (cfa), within the transport and logistics industry. It was incorporated on 12 July 2001 (25+ years old) and is registered under CIN U63090KA2001PTC172455.

Connect Cargo has 3 current directors:

The latest financial statements of Connect Cargo 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 Connect Cargo is 29AABCC6275D1ZO, registered in Karnataka. The company has 7 GST registrations in all, of which 7 are active. Other active GSTINs include 07AABCC6275D1ZU (Delhi), 19AABCC6275D1ZP (West Bengal), 27AABCC6275D1ZS (Maharashtra).

The CIN (Corporate Identification Number) of Connect Cargo is U63090KA2001PTC172455. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Connect Cargo has 27 court cases on record: 23 filed by the company and 4 filed against it. 7 are pending. Most are in the district courts.

Connect Cargo was incorporated on 12 July 2001, making it 25+ years old. It is registered with the Registrar of Companies, Bangalore.

Connect Cargo has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹60 Lakh; the latest was in December 2013.

The peers of Connect Cargo by revenue are Sunrise Freight Forwarders Private Limited, Seaman Logistics Solutions Private Limited, Ekf Global Logistics Private Limited, Parulekars Shipping Private Limited, Esquire Express (India) Private Limited, all in the Transport and Logistics industry (Carrying and Forwarding Agents), with the same principal business activity (services incidental to land, water & air transportation).

Hirokazu Kojima was appointed as Managing Director on 06 Feb 2026. Masato Oue was appointed as Additional Director on 06 Feb 2026. Puthenpurackal Chacko Xavier ceased to be Additional Director on 29 Sep 2024. Connect Cargo has 10 board changes on record in total.

Yes, Connect Cargo is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-02-0013977).

Connect Cargo has 2 MSME Form 1 returns on record for the period ending Sep 2020, listing 4 overdue payments to 3 micro and small suppliers. The latest return was filed on 16 Dec 2020.