- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0037130

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. Its 10 peer companies in the Transport and Logistics industry (Third Party Logistics) are compared by revenue, 5 larger and 5 smaller; the largest is Fit 3Pl Warehousing Private Limited with revenue of ₹134.74 Cr. 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.
CIN History of Connect India E-Commerce Services Private Limited
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
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- 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
- 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
- One PDF report, delivered after checkout
Associated Brands with Connect India E-Commerce Services Private Limited
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 of Connect India E-Commerce Services Private Limited
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 | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H7 | Postal & Courier activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Connect India E-Commerce Services Private Limited FY 2025 filings available
Connect India E-Commerce Services Private Limited reported revenue of ₹97.73 Cr (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Connect India E-Commerce Services Private Limited
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 of Connect India E-Commerce Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹21.35 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹23.26 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 India E-Commerce Services Private Limited
| 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% | •••• | •••• | •••• | •••• |
| 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 India E-Commerce Services are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
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.
| 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 |
Peer Comparison of Connect India E-Commerce Services Private Limited
Connect India E-Commerce Services Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Third Party Logistics). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fit 3Pl Warehousing Private Limited | ₹134.74 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Chennai, Tamil Nadu, India |
| Vegio Foods Private Limited | ₹127.16 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | New Delhi, Delhi, India |
| Logistics Park (India) Private Limited | ₹126.56 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Kalmeshwar, Maharashtra, India |
| Attar Logistics Private Limited | ₹123.53 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Jammu, Jammu and Kashmir, India |
| Gxo Logistics India Private Limited | ₹105.18 Cr (FY 2022) | •••• | •••• | -3.0% | •••• | Gurgaon, Haryana, India |
| Connect India E-Commerce Services Private Limited this company | ₹97.73 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Mumbai, Maharashtra, India |
| Logis-Tech India Private Limited | ₹95.86 Cr (FY 2024) | •••• | •••• | 23.0% | •••• | Mumbai, Maharashtra, India |
| Geeta Shipping and Clearing Services Private Limited | ₹89.93 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Mumbai, Maharashtra, India |
| Transmarine Logistics Private Limited | ₹88.54 Cr (FY 2024) | •••• | •••• | 56.0% | •••• | Mumbai, Maharashtra, India |
| Swift Road Link Private Limited | ₹87.78 Cr (FY 2025) | •••• | •••• | 42.0% | •••• | Delhi, India |
| Balurghat Technologies Limited Listed | ₹87.39 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Connect India E-Commerce Services by revenue in the Transport and Logistics industry (Third Party Logistics), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Connect India E-Commerce Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Oct 2025 | Others | ₹32 Lakh | Open |
| 07 May 2023 | Axis Bank Limited | ₹2 Cr | Satisfied |
| 08 Jan 2021 | Axis Bank Limited | ₹3 Cr | Satisfied |
Total charge records: 3 View all charges
Deals & Funding of Connect India E-Commerce Services Private Limited
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.
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 |
Full deal history
All 17 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Connect India E-Commerce Services Private Limited
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. Status as checked between 01 Oct 2026 and 03 Oct 2026.
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 |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Connect India E-Commerce Services Private Limited
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 | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 13 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Connect India E-Commerce Services Private Limited
Employment history and EPFO contributions of people linked to Connect India E-Commerce Services.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Connect India E-Commerce Services Private Limited
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.
17 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Connect India E-Commerce Services Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Connect India E-Commerce Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Connect India E-Commerce Services Private Limited
Connect India E-Commerce Services has 23 GST registrations: 23 active. The first 4 active GSTINs are listed below.
| 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 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Connect India E-Commerce Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Connect India E-Commerce Services Private Limited
Frequently Asked Questions about Connect India E-Commerce Services Private Limited
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 reported revenue of ₹97.73 Cr for FY 2025 (up 13% YoY).
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
Connect India E-Commerce Services reported a net loss of ₹23.26 Cr (net margin -23.8%) and EBITDA of -₹21.35 Cr (EBITDA margin -21.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Connect India E-Commerce Services is 13% over three years and 12% over five years. In the latest year (FY 2025) revenue rose 13%. CAGR is the steady yearly rate that links the first and the last year.
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.
The peers of Connect India E-Commerce Services by revenue are Fit 3Pl Warehousing Private Limited, Vegio Foods Private Limited, Logistics Park (India) Private Limited, Attar Logistics Private Limited, Gxo Logistics India Private Limited and 5 more, all in the Transport and Logistics industry (Third Party Logistics).
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.