Connect Cargo Private Limited

Connect Cargo Private Limited - transport and logistics in Bangalore North, Karnataka, India. FY 2026 financials & compliance.
CIN U63090KA2001PTC172455 Incorporated 12 July 2001 ROC Bangalore HQ Bangalore North, Karnataka, India
Active Private Limited Company transport and logistics
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 North, 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 North, 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 10 peer companies in the Transport and Logistics industry (Carrying and Forwarding Agents) are compared by revenue, 5 larger and 5 smaller; the largest is Optlog Supply Chain Private Limited. 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.

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 of Connect Cargo Private Limited
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
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    #402 B Wing 4th Floor, Mittal Tower M.G Road, Bangalore North, Karnataka, India – 560001
  • Industry
    Transport and Logistics, Carrying & Forwarding Agents (CFA)
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Financials, compliance, directors, charges, ownership and filings for Connect Cargo Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Connect Cargo Private Limited

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 CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
HTransport and storageH5Services incidental to land, water & air transportationLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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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) of Connect Cargo Private Limited

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 of Connect Cargo Private Limited

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 of Connect Cargo Private Limited

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••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Connect Cargo are in the company report.

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Financial statements from 2015

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Peer Comparison of Connect Cargo Private Limited

Connect Cargo Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Carrying and Forwarding Agents). Revenue, net profit, margin and growth of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Optlog Supply Chain Private Limited••••••••••••••••-Mumbai, Maharashtra, India
Sunrise Freight Forwarders Private Limited••••••••••••••••-New Delhi, Delhi, India
Links Forwarders Pvt Ltd••••••••••••••••-Mumbai, Maharashtra, India
Seaman Logistics Solutions Private Limited••••••••••••••••-Delhi, India
Reach Logistics Private Limited••••••••••••••••384Chennai, Tamil Nadu, India
Connect Cargo Private Limited this company••••••••••••••••-Bangalore North, Karnataka, India
Ekf Global Logistics Private Limited••••••••••••••••-Mumbai, Maharashtra, India
Parulekars Shipping Private Limited••••••••••••••••-Mumbai, Maharashtra, India
Genex Logisolutions Private Limited••••••••••••••••189New Delhi, Delhi, India
Esquire Express (India) Private Limited••••••••••••••••-Chennai, Tamil Nadu, India
Transx Hauliers Private Limited••••••••••••••••-New Delhi, Delhi, India

Peers are the five companies nearest above and the five nearest below Connect Cargo by revenue in the Transport and Logistics industry (Carrying and Forwarding Agents), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.

Auditor Details of Connect Cargo Private Limited

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

NameStatusAppointment DateCessation Date
Ezhil & RajLockedLockedLocked
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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 RajanDirector28 Nov 200520 Years 10 MonthsCurrent
Masato OueAdditional Director06 Feb 20260 Years 8 MonthsCurrent
Hirokazu KojimaManaging Director06 Feb 20260 Years 8 MonthsCurrent

Ownership and Shareholding of Connect Cargo Private Limited

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Charges & Borrowings of Connect Cargo Private Limited

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
DateLenderAmountStatus
30 Mar 2013Others₹7.5 CrSatisfied
18 Feb 2010Hdfc Bank Limited₹65 LakhSatisfied

Total charge records: 2 View all charges

Deals & Funding of Connect Cargo Private Limited

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

MSME Payment Delays by Connect Cargo Private Limited

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••••••••••••
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Full MSME payment history

Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.

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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.

Associated Brands with Connect Cargo Private Limited

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

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

Employees and EPFO Compliance at Connect Cargo Private Limited

Connect Cargo Private Limited has a workforce of 36 employees as of Apr 01, 2024.

Employee count
36
Active EPFO establishments
1
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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CIN History of Connect Cargo Private Limited

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

Recent Activity on Connect Cargo Private Limited

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 listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Connect Cargo Private Limited

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Subsidiaries & Group Companies of Connect Cargo Private Limited

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GST Compliance of Connect Cargo Private Limited

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
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GST registrations and filing compliance

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MCA Filings & Documents of Connect Cargo Private Limited

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Frequently Asked Questions about Connect Cargo Private Limited

Connect Cargo is an active private limited company based in Bangalore North, 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 reported revenue of ₹42.82 Cr for FY 2024 (down 38% YoY).

Connect Cargo has 3 current directors:

Connect Cargo reported a net profit of ₹2.9 Cr (net margin 6.8%) and EBITDA of ₹1.53 Cr (EBITDA margin 3.6%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Connect Cargo is -9% over three years and -5% over five years. In the latest year (FY 2024) revenue fell 38%. CAGR is the steady yearly rate that links the first and the last year.

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 Optlog Supply Chain Private Limited, Sunrise Freight Forwarders Private Limited, Links Forwarders Pvt Ltd, Seaman Logistics Solutions Private Limited, Reach Logistics Private Limited and 5 more, all in the Transport and Logistics industry (Carrying and Forwarding Agents).

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.

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