About Connect Equipment Leasing Private Limited
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Connect Equipment Leasing Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 31 March 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH2016PTC279894. Its GSTIN is 27AAGCC4213N1ZK (Maharashtra). The company holds 6 GST registrations, all of them active.
The company has an authorised share capital of ₹14.16 Cr and a paid-up capital of ₹8.16 Cr. It is led by directors including Ankush Bhan and Rohit Kakkar.
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 6th Floor Gala No. 4 D Wing Corporate Avenue New A.K Link Road Andheri (East), Mumbai, Maharashtra, India – 400059.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.6 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹66.82 Lakh (net margin 18.6%) and EBITDA of ₹1.11 Cr (EBITDA margin 30.7%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 27% over five years.
As per MCA filings, the company has satisfied charges of ₹1.28 Cr on record. The company has 2 deals on record (1 acquisition, 1 rights issue); the latest was in October 2017. The company has 5 MSME Form 1 returns on record between 2020 and 2023, listing 8 overdue payments to 4 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 connectelpl.com.
Company details
Contact details
Connect Equipment Leasing Private Limited's registered office is in Mumbai, Maharashtra. Its website is connectelpl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address6th Floor Gala No. 4 D Wing Corporate Avenue New A.K Link Road Andheri (East), Mumbai, Maharashtra, India – 400059
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Connect Equipment Leasing Private Limited, buy the company report.
- 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
Business activity
The main business activity of Connect Equipment Leasing is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Connect Equipment Leasing Private Limited, buy the company report.
Financials of Connect Equipment Leasing Private Limited
FY 2025 filings availableConnect Equipment Leasing Private Limited reported revenue of ₹3.6 Cr (down 22% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 22% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 27%. EBITDA fell 65% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.11 Cr | ||||
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| Net Profit (PAT) | ₹66.82 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 30.7% | ||||
| Net Profit Margin | 18.6% | ||||
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To see the full financial statements and ratios of Connect Equipment Leasing Private Limited, buy the company report.
Board of directors and KMP of Connect Equipment Leasing Private Limited
Connect Equipment Leasing Private Limited currently reports 3 directors and 1 key managerial person. 1 former director has served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankush Bhan Also directs: Connect Revive LLP, Gorevive Private Limited, Connect Residuary Private Limited and 1 more | Director | 31 Mar 2016 | 10 Years 7 Months | Current |
| Rohit Kakkar | Director | 31 Mar 2016 | 10 Years 7 Months | Current |
| Karthik Madhuranthagam Sugumaran | Director | 16 Nov 2017 | 8 Years 11 Months | Current |
| Monika Jain | Company Secretary | 13 Jun 2019 | 7 Years 4 Months | Current |
Auditor
Connect Equipment Leasing Private Limited is audited by Nihar Mehta & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Nihar Mehta & Co | FY 2023 | 134646W |
Shareholding
The shareholding of Connect Equipment Leasing Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Connect Equipment Leasing Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Aug 2021 | 100473052 | Others | ₹37.47 Lakh | Satisfied | |
| 09 Aug 2021 | 100473053 | Others | ₹11.29 Lakh | Satisfied | |
| 09 Aug 2021 | 100473054 | Others | ₹19.05 Lakh | Satisfied | |
| 09 Aug 2021 | 100473061 | Others | ₹60.23 Lakh | Satisfied |
To see the full charge records of Connect Equipment Leasing Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Connect Equipment Leasing Private Limited has 2 deals on record (1 acquisition, 1 rights issue); the latest was in October 2017.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2017 | Rights issue | ₹1.78 Cr | Investors: 2 individuals |
| Jul 2017 | Acquisition | ₹6 Cr | Buyer: Connect Residuary Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Connect Equipment Leasing 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
Connect Equipment Leasing Private Limited has 5 MSME Form 1 returns on record between 2020 and 2023, listing 8 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Cidermatics Private Limited | |||
| an individual supplier | |||
| Cnergyis Infotech India Private Limited | |||
| Microworld Infosol Private Limited |
To see the full MSME payment records of Connect Equipment Leasing Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Connect Equipment Leasing has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCC4213N1ZK | Maharashtra | Active | 23 Aug 2017 |
| 27AAGCC4213N2ZJ | Maharashtra | Active | 01 Apr 2025 |
| 29AAGCC4213N1ZG | Karnataka | Active | 09 Aug 2021 |
| 33AAGCC4213N1ZR | Tamil Nadu | Active | 22 Jun 2022 |
To see the full GST registrations and return filing status of Connect Equipment Leasing Private Limited, buy the company report.
Recent activity
Connect Equipment Leasing Private Limited has 6 board changes on record since 2016: 5 appointments and 1 cessation. The latest: Monika Jain was appointed as Company Secretary on 13 Jun 2019.
5 earlier events are in the company report.
Frequently asked questions
Connect Equipment Leasing is an active private limited company based in Mumbai, Maharashtra, India. The company works in nbfc, within the financial services industry. It was incorporated on 31 March 2016 (10+ years old) and is registered under CIN U65990MH2016PTC279894.
Connect Equipment Leasing has 4 current directors and KMP:
- Ankush Bhan - Director
- Rohit Kakkar - Director
- Karthik Madhuranthagam Sugumaran - Director
- Monika Jain - Company Secretary
The latest financial statements of Connect Equipment Leasing 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 2016 are in the company report.
The GSTIN of Connect Equipment Leasing is 27AAGCC4213N1ZK, registered in Maharashtra. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 27AAGCC4213N2ZJ (Maharashtra), 29AAGCC4213N1ZG (Karnataka), 33AAGCC4213N1ZR (Tamil Nadu).
The CIN (Corporate Identification Number) of Connect Equipment Leasing is U65990MH2016PTC279894. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Connect Equipment Leasing was incorporated on 31 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Connect Equipment Leasing has 2 deals on record (1 acquisition, 1 rights issue); the latest was in October 2017.
Monika Jain was appointed as Company Secretary on 13 Jun 2019. Karthik Madhuranthagam Sugumaran was appointed as Director on 16 Nov 2017. Venkat Ramana Vallabhajoysula ceased to be Director on 19 Sep 2017. Connect Equipment Leasing has 6 board changes on record in total.
Connect Equipment Leasing has 5 MSME Form 1 returns on record between 2020 and 2023, listing 8 overdue payments to 4 micro and small suppliers. The latest return was filed on 19 Oct 2023.
Connect Equipment Leasing can be reached through the website connectelpl.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Connect Equipment Leasing is at 6th Floor Gala No. 4 D Wing Corporate Avenue New A.K Link Road Andheri East, Mumbai, Maharashtra, India – 400059.
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