Connect India E-Commerce Services Private Limited

Connect India E-Commerce Services Private Limited - transport and logistics in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U72200MH2014PTC460993 Incorporated 12 August 2014 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company transport and logistics MSME · Medium
Data last updated
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. 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.

Company Details of Connect India E-Commerce Services Private Limited
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 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.

CINStatus
U72200MH2014PTC460993Current
U72200KA2014PTC182282Previous
U72200DL2014PTC270256Previous

Recognitions & Rankings of Connect India E-Commerce Services

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-KR-03-0037130
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
  • Registered Address
    1 Aerocity Premises 3rd Floor Office No. 3030 Nibr Compound Safedpul Kurla Andheri Road, Kurla Mumbai 400 072, Maharashtra, India – 400072
  • Industry
    Transport and Logistics, Express Logistics
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Financials, compliance, directors, charges, ownership and filings for Connect India E-Commerce Services Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

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.

BrandDescriptionWebsite
Platform offering logistics and supply chain management solutionsbscxpress.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 CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
HTransport and storageH7Postal & Courier activitiesLocked
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Turnover share and past changes in activity are in the company report.

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  • Historical classifications
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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.

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) of Connect India E-Commerce Services Private Limited

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 of Connect India E-Commerce Services Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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.

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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
NameDesignationAppointment DateTenureStatus
Shilpa MaheshwariNominee Director26 May 20251 Years 4 MonthsCurrent
Shashvat RaiNominee Director29 Aug 20233 Years 1 MonthsCurrent
Taranbir SinghCeo01 Jun 20251 Years 4 MonthsCurrent
Towfik Luay Henry AlswaidiNominee Director30 Jun 20251 Years 3 MonthsCurrent

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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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

Open charges
₹32 Lakh
Satisfied charges
₹5 Cr
Breakdown by lending institutions
Others₹0.32 Cr
Latest charge details
DateLenderAmountStatus
10 Oct 2025Others₹32 LakhOpen
07 May 2023Axis Bank Limited₹2 CrSatisfied
08 Jan 2021Axis Bank Limited₹3 CrSatisfied

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.

Total deals
17
Funding rounds
11
Secondary share transfers
5
Rights issue
1
Disclosed funding
₹211.17 Cr

Deals on record (5 of 17)

WhenDealAmountParties
Jul 2023Secondary share transferUndisclosedBuyer: Aavishkaar Capital
Seller: 2 individuals
Mar 2022Secondary share transferUndisclosedBuyer: Aavishkaar Capital, Container Marine Agencies Private Limited , 2 individuals
Seller: 2 individuals
Jan 2020Secondary share transferUndisclosedBuyer: 3One4 Capital
Seller: 2 individuals
May 2018Funding round · Series D₹3.25 CrInvestors: an individual
Mar 2015Funding round · Seed₹1.35 CrInvestors: Bhartiya Samruddhi Investments and Consulting Services Limited , an individual
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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)

SupplierAmount dueDue sinceReported on
Run Through Secure Solutions Pvt Ltd••••••••••••
Aiirr Techlabs Private Limited••••••••••••
an individual supplier••••••••••••
an individual supplier••••••••••••
an individual supplier••••••••••••
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Full MSME payment history

Every supplier, amount and due date from all 13 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.

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.

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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.

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 listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Connect India E-Commerce Services Private Limited

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Subsidiaries & Group Companies of Connect India E-Commerce Services Private Limited

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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.

Total GSTINs
23
Active
23
GSTINStateStatusRegistered on
27AAFCC7354K1ZBMaharashtraActive01 Jul 2017
04AAFCC7354K1ZJChandigarhActive01 Jul 2017
07AAFCC7354K1ZDDelhiActive01 Jul 2017
09AAFCC7354K1Z9Uttar PradeshActive01 Jul 2017
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MCA Filings & Documents of Connect India E-Commerce Services Private Limited

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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:

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.

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