About Connect Residuary Private Limited
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Connect Residuary Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate marketing and sales segment of the real estate and construction sector. It was incorporated on 10 August 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2011PTC220805. Its GSTIN is 27AAECC5105F1Z2 (Maharashtra). The company holds 26 GST registrations, all of them active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.91 Cr. It was formerly known as Connect Financial Services India Private Limited. It is led by directors including Som Prakash Satsangi and Rohit Kakkar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. 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 2025, the company reported a revenue of ₹91.66 Cr, a growth of 68% compared to the previous year. For the same year it recorded a net profit of ₹26.42 Cr (net margin 28.8%) and EBITDA of ₹35.79 Cr (EBITDA margin 39%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 19% over five years.
The company has about 43 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Connect Residuary. As per MCA filings, the company has open charges of ₹1,982.97 Cr and satisfied charges of ₹630.83 Cr on record. Court records list 59 cases involving the company, including 23 filed by the company and 36 filed against it; 21 cases are pending. The company has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹79.5 Lakh; the latest was in March 2015. The company has 15 MSME Form 1 returns on record between 2019 and 2024, listing 207 overdue payments to 28 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 connectrpl.com.
Company details
Contact details
Connect Residuary Private Limited's registered office is in Mumbai, Maharashtra. Its website is connectrpl.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
- IndustryReal Estate and Construction, Real Estate Marketing & Sales
To see the full contact details of Connect Residuary 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
Brands
Connect Residuary operates one associated brand: Connect Residuary. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive rental services for residential properties. | connectrpl.com |
Business activity
The main business activity of Connect Residuary is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities |
To see the full business activity and turnover split of Connect Residuary Private Limited, buy the company report.
Financials of Connect Residuary Private Limited
FY 2024 filings availableConnect Residuary Private Limited reported revenue of ₹91.66 Cr (up 68% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 68% growth in the latest year. EBITDA rose 150% 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 | ₹35.79 Cr | ||||
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| Net Profit (PAT) | ₹26.42 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 39% | ||||
| Net Profit Margin | 28.8% | ||||
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To see the full financial statements and ratios of Connect Residuary Private Limited, buy the company report.
Board of directors of Connect Residuary Private Limited
Connect Residuary has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Som Prakash Satsangi | Director | 14 Aug 2025 | 1 Years 2 Months | Current |
| Rohit Kakkar | Director | 10 Aug 2011 | 15 Years 2 Months | Current |
| Ankush Bhan Also directs: Connect Revive LLP, Gorevive Private Limited, Connect Equipment Leasing Private Limited and 1 more | Director | 10 Aug 2011 | 15 Years 2 Months | Current |
Auditor
Connect Residuary Private Limited is audited by MSKA and Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MSKA and Associates | FY 2022 | 105047W |
Shareholding
The shareholding of Connect Residuary 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 Residuary Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Dec 2025 | 101200469 | Others | ₹41.93 Lakh | Open | |
| 05 Dec 2025 | 101200507 | Others | ₹27.96 Lakh | Open | |
| 05 Dec 2025 | 101200508 | Others | ₹26.3 Lakh | Open | |
| 29 Nov 2025 | 101206180 | Others | ₹33.32 Cr | Open | |
| 27 Nov 2025 | 101200522 | Others | ₹99.62 Lakh | Open |
To see the full charge records of Connect Residuary Private Limited, buy the company report.
Total charge records: 1557 View all charges
Deals & funding
Connect Residuary Private Limited has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹79.5 Lakh; the latest was in March 2015.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Rights issue | ₹2.1 Cr | Investors: 2 individuals |
| Mar 2013 | Funding round | ₹40 Lakh | Investors: 2 individuals |
| Sep 2012 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Nov 2011 | Funding round | ₹39.5 Lakh | Investors: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Connect Residuary Private Limited has 59 court cases on record: 23 filed by Connect Residuary, 36 filed against it. 21 cases are pending and 38 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 30 | 20 | 10 |
| District courts | 18 | 10 | 8 |
| NCLAT | 8 | 6 | 3 |
| NCLT | 2 | 0 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 59)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Chairperson Court | Tribunal matter | Filed by the company against M/S Ricoh India Limited and 3 others | Pending |
| Bombay High Court | Court case (NMCD) | Filed against the company by Punj Lloyd Limited | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Averina International Resorts Pvt.Ltd | Pending |
| High Court | Arbitration matter | Filed against the company by Future Supply Chain Solutions Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed by the company against Altruist Customer Management India Private Ltd. | Disposed |
To see the full case history of Connect Residuary 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 Residuary Private Limited has 15 MSME Form 1 returns on record between 2019 and 2024, listing 207 overdue payments to 28 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 28)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| General Technologies India Private Limited | |||
| Telnet IT Solution | |||
| an individual supplier | |||
| V Tech Technologies Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Connect Residuary Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Connect Residuary Private Limited has a workforce of 43 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Connect Residuary has 26 GST registrations: 26 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECC5105F1Z2 | Maharashtra | Active | 01 Jul 2017 |
| 27AAECC5105F2Z1 | Maharashtra | Active | 01 Apr 2025 |
| 02AAECC5105F1ZE | Himachal Pradesh | Active | 01 Jul 2017 |
| 03AAECC5105F1ZC | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Connect Residuary Private Limited, buy the company report.
Recent activity
Connect Residuary Private Limited has 6 board changes on record since 2011: 3 appointments and 3 cessations. The latest: Som Prakash Satsangi ceased to be Additional Director on 29 Sep 2025.
2061 earlier events are in the company report.
Frequently asked questions
Connect Residuary is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate marketing and sales, within the real estate and construction industry. It was incorporated on 10 August 2011 (15+ years old) and is registered under CIN U74120MH2011PTC220805.
Connect Residuary has 3 current directors:
- Som Prakash Satsangi - Director
- Rohit Kakkar - Director
- Ankush Bhan - Director
The latest financial statements of Connect Residuary on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Connect Residuary is 27AAECC5105F1Z2, registered in Maharashtra. The company has 26 GST registrations in all, of which 26 are active. Other active GSTINs include 27AAECC5105F2Z1 (Maharashtra), 02AAECC5105F1ZE (Himachal Pradesh), 03AAECC5105F1ZC (Punjab).
The CIN (Corporate Identification Number) of Connect Residuary is U74120MH2011PTC220805. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Connect Residuary has 59 court cases on record: 23 filed by the company and 36 filed against it. 21 are pending. Most are in the high courts.
Connect Residuary was incorporated on 10 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Connect Residuary has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹79.5 Lakh; the latest was in March 2015.
Som Prakash Satsangi ceased to be Additional Director on 29 Sep 2025. Som Prakash Satsangi was appointed as Director on 14 Aug 2025. Sudhanshu Ramcharan Sharma ceased to be CEO on 03 Jul 2023. Connect Residuary has 6 board changes on record in total.
Connect Residuary has 15 MSME Form 1 returns on record between 2019 and 2024, listing 207 overdue payments to 28 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Connect Residuary can be reached through the website connectrpl.com. Its registered office is in Mumbai, Maharashtra, India.
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