MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0037130
Connect India E-Commerce Services Private Limited - transport and logistics in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹97.73 Cr
▲ 13% YoY
Net loss · FY 2025
₹23.26 Cr
Net margin -23.8%
EBITDA · FY 2025
-₹21.35 Cr
EBITDA margin -21.8%
Authorised capital
₹7.23 Cr
Registered with MCA
Paid-up capital
₹6.7 Cr
Issued & subscribed
Open charges
₹32 Lakh
Satisfied ₹5 Cr
Company age
12 yrs
Est. 2014
Employees · EPFO
168
Provident fund records
About Connect India E-Commerce Services Private Limited
Data last updated:
Connect India E-Commerce Services Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Aavishkar India Ii Company Limited. It operates in the express logistics segment of the transport and logistics sector. It was incorporated on 12 August 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2014PTC460993. Its GSTIN is 27AAFCC7354K1ZB (Maharashtra). The company holds 23 GST registrations, all of them active.
The company has an authorised share capital of ₹7.23 Cr and a paid-up capital of ₹6.7 Cr. It is led by directors including Shilpa Maheshwari and Shashvat Rai.
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 1 Aerocity Premises 3rd Floor Office No. 3030 Nibr Compound Safedpul Kurla Andheri Road, Kurla Mumbai 400 072, Maharashtra, India – 400072.
As per the financials filed for FY 2025, the company reported a revenue of ₹97.73 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net loss of ₹23.26 Cr (net margin -23.8%) and EBITDA of -₹21.35 Cr (EBITDA margin -21.8%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 12% over five years.
The company has about 168 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Bharat Supply. As per MCA filings, the company has open charges of ₹32 Lakh and satisfied charges of ₹5 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is pending. The company has 17 deals on record (11 funding rounds, 5 secondary share transfers, 1 rights issue), with disclosed funding of ₹211.17 Cr; the latest was in July 2023. The company has 13 MSME Form 1 returns on record between 2019 and 2024, listing 114 overdue payments to 17 micro and small suppliers.
Connect India E-Commerce Services Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0037130). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website connectindia.com.
Company details
CIN U72200MH2014PTC460993
Registration Number 460993
Incorporation Date 12 August 2014
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Aavishkar India Ii Company Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0037130
CIN history
Connect India E-Commerce Services has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U72200MH2014PTC460993, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200MH2014PTC460993 | Current |
| U72200KA2014PTC182282 | Previous |
| U72200DL2014PTC270256 | Previous |
Recognitions & Rankings of Connect India E-Commerce Services
Contact details
Connect India E-Commerce Services Private Limited's registered office is in Mumbai, Maharashtra.
- Social Media
- Registered Address1 Aerocity Premises 3rd Floor Office No. 3030 Nibr Compound Safedpul Kurla Andheri Road, Kurla Mumbai 400 072, Maharashtra, India – 400072
- IndustryTransport and Logistics, Express Logistics
Comprehensive company report
Connect India E-Commerce Services 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Connect India E-Commerce Services operates one associated brand: Bharat Supply. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Platform offering logistics and supply chain management solutions | bscxpress.com |
Business activity
The main business activity of Connect India E-Commerce Services is transport and storage. In detail, this covers postal & courier activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H7 | Postal & Courier activities |
To see the full business activity and turnover split of Connect India E-Commerce Services Private Limited, buy the company report.
Financials of Connect India E-Commerce Services Private Limited
FY 2025 filings availableConnect India E-Commerce Services Private Limited reported revenue of ₹97.73 Cr (up 13% YoY) for FY 2025.
Revenue · FY 2025
₹97.73 Cr ▲ 13%
Net loss · FY 2025
₹23.26 Cr margin -23.8%
EBITDA · FY 2025
-₹21.35 Cr margin -21.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 13%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▼ 99%
3 years · compounded
▼ 30%
5 years · compounded
▼ 7%
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 13% growth in the latest year. EBITDA fell 99% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹21.35 Cr | ||||
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| Net Profit (PAT) | -₹23.26 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -21.8% | ||||
| Net Profit Margin | -23.8% | ||||
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To see the full financial statements and ratios of Connect India E-Commerce Services Private Limited, buy the company report.
Board of directors and KMP of Connect India E-Commerce Services Private Limited
Connect India E-Commerce Services Private Limited currently reports 3 directors and 1 key managerial person. 16 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shilpa Maheshwari Also directs: Addus Services LLP, Ganga Merchandise LLP, Aavishkaar Carbon Platform Private Limited and 5 more | Nominee Director | 26 May 2025 | 1 Years 4 Months | Current |
| Shashvat Rai Also directs: Aavishkaar Advisors Private Limited, Ulink Agritech Private Limited, Ergos Business Solutions Private Limited and 1 more | Nominee Director | 29 Aug 2023 | 3 Years 1 Months | Current |
| Taranbir Singh | Ceo | 01 Jun 2025 | 1 Years 4 Months | Current |
| Towfik Luay Henry Alswaidi | Nominee Director | 30 Jun 2025 | 1 Years 3 Months | Current |
Charges & borrowings
Open charges
₹32 Lakh
Satisfied charges
₹5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Oct 2025 | 101171913 | Others | ₹32 Lakh | Open | |
| 07 May 2023 | 100725122 | Axis Bank Limited | ₹2 Cr | Satisfied | |
| 08 Jan 2021 | 100411856 | Axis Bank Limited | ₹3 Cr | Satisfied |
To see the full charge records of Connect India E-Commerce Services Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Connect India E-Commerce Services Private Limited has 17 deals on record (11 funding rounds, 5 secondary share transfers, 1 rights issue), with disclosed funding of ₹211.17 Cr; the latest was in July 2023.
Total deals
17
Funding rounds
11
Secondary share transfers
5
Rights issue
1
Disclosed funding
₹211.17 Cr
Deals on record (5 of 17)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2023 | Secondary share transfer | Undisclosed | Buyer: Aavishkaar Capital Seller: 2 individuals |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Aavishkaar Capital, Container Marine Agencies Private Limited , 2 individuals Seller: 2 individuals |
| Jan 2020 | Secondary share transfer | Undisclosed | Buyer: 3One4 Capital Seller: 2 individuals |
| May 2018 | Funding round · Series D | ₹3.25 Cr | Investors: an individual |
| Mar 2015 | Funding round · Seed | ₹1.35 Cr | Investors: Bhartiya Samruddhi Investments and Consulting Services Limited , an individual |
To see the full deal history of Connect India E-Commerce Services Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Connect India E-Commerce Services Private Limited has 3 court cases on record: 1 filed by Connect India E-Commerce Services, 2 filed against it. 1 case is pending and 2 are disposed.
Total cases
3
Filed by the company
1
Filed against the company
2
Pending
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, South East, Delhi | Civil suit | Filed against the company by an individual | Disposed |
| District court, South East, Delhi | Arbitration matter | Filed against the company by an individual | Disposed |
To see the full case history of Connect India E-Commerce Services Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Connect India E-Commerce Services Private Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 114 overdue payments to 17 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 (5 of 17)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Run Through Secure Solutions Pvt Ltd | |||
| Aiirr Techlabs Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Connect India E-Commerce Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Connect India E-Commerce Services has 23 GST registrations: 23 active. The first 4 active GSTINs are listed below.
Total GSTINs
23
Active
23
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCC7354K1ZB | Maharashtra | Active | 01 Jul 2017 |
| 04AAFCC7354K1ZJ | Chandigarh | Active | 01 Jul 2017 |
| 07AAFCC7354K1ZD | Delhi | Active | 01 Jul 2017 |
| 09AAFCC7354K1Z9 | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Connect India E-Commerce Services Private Limited, buy the company report.
Recent activity
Connect India E-Commerce Services Private Limited has 20 board changes on record since 2017: 4 appointments and 16 cessations. The latest: Taranbir Singh ceased to be Nominee Director on 30 Jun 2025.
Charges
A charge with Others amounted to Rs. 0.32 Cr with Charge ID 101171913 was registered on 10 Oct 2025.
AGM
Connect India E-Commerce Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Taranbir Singh ceased to be Nominee Director.
Appointed
Towfik Luay Henry Alswaidi was appointed as Nominee Director.
Appointed
Taranbir Singh was appointed as CEO.
Appointed
Shilpa Maheshwari was appointed as Nominee Director.
Ceased
John Arunkumar Diaz ceased to be Nominee Director.
Filing
Connect India E-Commerce Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Bhaskar Chaudhry ceased to be Nominee Director.
Charges
A charge registered on 07 May 2023 via Charge ID 100725122 with Axis Bank Limited was fully satisfied on 10 Oct 2024.
Charges
A charge with Axis Bank Limited of Rs. 2.00 Cr registered on 07 May 2023 with Charge ID 100725122 was modified on 05 Jun 2024.
Ceased
Noshir Dady Colah ceased to be CEO.
17 earlier events are in the company report.
News
Frequently asked questions
Connect India E-Commerce Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in express logistics, within the transport and logistics industry. It was incorporated on 12 August 2014 (12+ years old) and is registered under CIN U72200MH2014PTC460993.
Connect India E-Commerce Services has 4 current directors and KMP:
- Shilpa Maheshwari - Nominee Director
- Shashvat Rai - Nominee Director
- Towfik Luay Henry Alswaidi - Nominee Director
- Taranbir Singh - Ceo
The latest financial statements of Connect India E-Commerce Services 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 India E-Commerce Services is 27AAFCC7354K1ZB, registered in Maharashtra. The company has 23 GST registrations in all, of which 23 are active. Other active GSTINs include 04AAFCC7354K1ZJ (Chandigarh), 07AAFCC7354K1ZD (Delhi), 09AAFCC7354K1Z9 (Uttar Pradesh).
The CIN (Corporate Identification Number) of Connect India E-Commerce Services is U72200MH2014PTC460993. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Connect India E-Commerce Services has 3 court cases on record: 1 filed by the company and 2 filed against it. 1 is pending.
Connect India E-Commerce Services was incorporated on 12 August 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
Connect India E-Commerce Services has 17 deals on record (11 funding rounds, 5 secondary share transfers, 1 rights issue), with disclosed funding of ₹211.17 Cr; the latest was in July 2023.
Taranbir Singh ceased to be Nominee Director on 30 Jun 2025. Towfik Luay Henry Alswaidi was appointed as Nominee Director on 30 Jun 2025. Taranbir Singh was appointed as CEO on 01 Jun 2025. Connect India E-Commerce Services has 20 board changes on record in total.
Yes, Connect India E-Commerce Services is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0037130).
Connect India E-Commerce Services has 13 MSME Form 1 returns on record between 2019 and 2024, listing 114 overdue payments to 17 micro and small suppliers. The latest return was filed on 23 Apr 2024.