About Connectm Technology Solutions Private Limited
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Connectm Technology Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Connectm Technology Solutions Inc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 11 June 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U64202KA2007PTC043080. Its GSTIN is 29AADCC0973C1ZV (Karnataka). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹40 Cr and a paid-up capital of ₹49 Lakh. It is led by directors including Mahesh Prasad Choudhury and Subramanya Girish.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.92 Cr, a growth of 49% compared to the previous year. For the same year it recorded a net loss of ₹54.33 Lakh (net margin -3.6%) and EBITDA of ₹42.03 Lakh (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 18% over five years.
The company has about 65 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: ConnectM. As per MCA filings, the company has open charges of ₹9 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending. The company has 10 deals on record (4 secondary share transfers, 4 rights issues, 1 debt financing), with disclosed funding of ₹27.04 Cr; the latest was in January 2018. Its 7 peer companies in the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 3 larger and 4 smaller; the largest is Saven Technologies Limited with revenue of ₹14.95 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website connectm.com.
Company details
Contact details
Connectm Technology Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is connectm.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 608 3rd Floor. 15th Cross (Ring Road), J.P.Nagar 6th Phase, Bangalore, Karnataka, India – 560078
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Connectm Technology Solutions 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
Connectm Technology Solutions operates one associated brand: ConnectM. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Energy management solutions are provided via asset-connecting platforms and applications. | connectm.com |
Business activity
The main business activities of Connectm Technology Solutions are information and communication and trade. In detail, this covers computer programming, consultancy and related activities and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Connectm Technology Solutions Private Limited, buy the company report.
Financials of Connectm Technology Solutions Private Limited
FY 2024 filings availableConnectm Technology Solutions Private Limited reported revenue of ₹14.92 Cr (up 49% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 49% growth in the latest year. EBITDA fell 9% 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 | ₹42.03 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹54.33 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.8% | ||||
| Net Profit Margin | -3.6% | ||||
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To see the full financial statements and ratios of Connectm Technology Solutions Private Limited, buy the company report.
Board of directors of Connectm Technology Solutions Private Limited
Connectm Technology Solutions has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Prasad Choudhury | Director | 25 Nov 2016 | 9 Years 11 Months | Current |
| Subramanya Girish Also directs: Cambridge Energy Resources Private Limited, Geo Impex & Logistics Private Limited, Avanti Computing Private Limited and 1 more | Director | 25 Nov 2016 | 9 Years 11 Months | Current |
| Purushothaman Vinayakam | Director | 07 Dec 2020 | 5 Years 11 Months | Current |
Peer comparison
Connectm Technology Solutions Private Limited is compared with the 7 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Saven Technologies Limited | ₹14.95 Cr (FY 2025) | 6.0% | Hyderabad, Telangana, India | |||
| Empaxis Data Management India Private Limited | ₹14.93 Cr (FY 2024) | 43.0% | Noida, Uttar Pradesh, India | |||
| Software A G India Sales Private Limited | ₹14.92 Cr (FY 2025) | -51.0% | Bangalore, Karnataka, India | |||
| Connectm Technology Solutions Private Limitedthis company | ₹14.92 Cr (FY 2024) | -₹54.33 Lakh | -3.6% | 49.0% | 65 | Bangalore, Karnataka, India |
| Onfido Services India Private Limited | ₹14.92 Cr (FY 2024) | -8.0% | Mumbai, Maharashtra, India | |||
| Cantier Systems Private Limited | ₹14.92 Cr (FY 2024) | 49.0% | Aadyar, Tamil Nadu, India | |||
| Fyrii Software Solutions Private Limited | ₹14.9 Cr (FY 2025) | 3744.0% | Chennai, Tamil Nadu, India | |||
| Canwill Technologies Private Limited | ₹14.89 Cr (FY 2025) | 7.0% | Pune, Maharashtra, India |
To see the full peer comparison of Connectm Technology Solutions Private Limited, buy the company report.
Auditor
Connectm Technology Solutions Private Limited is audited by Venkatesh Bhaskar & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Venkatesh Bhaskar & Associates | FY 2023 | 009735S |
Shareholding
The shareholding of Connectm Technology Solutions 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 Connectm Technology Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jun 2011 | 10292310 | Svb India Finance Private Limited | ₹9 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Connectm Technology Solutions Private Limited has 10 deals on record (4 secondary share transfers, 4 rights issues, 1 debt financing), with disclosed funding of ₹27.04 Cr; the latest was in January 2018.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2018 | Rights issue | ₹31.2 Lakh | Investors: ConnectM Technology Solutions Inc |
| Jan 2017 | Secondary share transfer | Undisclosed | Buyer: ConnectM Technology Solutions Inc Seller: Avanti Computing Private Limited |
| Nov 2016 | Secondary share transfer | Undisclosed | Buyer: Avanti Holdings LLC, Avanti Computing Private Limited Seller: Chiratae Ventures (IDG), Ibm South Asia Holdings Limited, Sasken Technologies Limited |
| Jan 2011 | Funding round | ₹18.04 Cr | Investors: Sasken Technologies Limited , Chiratae Ventures (IDG), Ibm South Asia Holdings Limited |
| Jul 2008 | Secondary share transfer | Undisclosed | Buyer: Sasken Technologies Limited Seller: 3 individuals |
To see the full deal history of Connectm Technology Solutions 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
Connectm Technology Solutions Private Limited has 2 court cases on record: 1 filed by Connectm Technology Solutions, 1 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
| NCLT | 1 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (COMP) | Filed by the company against Jyoti CNC Automation Private Limited | Disposed |
| NCLT, NCLT Chandigarh | Insolvency matter | Filed against the company by an individual | Pending |
To see the full case history of Connectm Technology Solutions 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
No delayed payments to MSME suppliers are on our record for Connectm Technology Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Connectm Technology Solutions Private Limited has a workforce of 65 employees on its EPFO records as of Mar 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2025-26 | 65 |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Connectm Technology Solutions Private Limited, buy the company report.
GST
Connectm Technology Solutions has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCC0973C1ZV | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Connectm Technology Solutions Private Limited, buy the company report.
Recent activity
Connectm Technology Solutions Private Limited has 24 board changes on record since 2007: 13 appointments and 11 cessations. The latest: Anand Ramakrishnappa Dasarapalli ceased to be Alternate Director on 30 Jun 2021.
16 earlier events are in the company report.
News
Frequently asked questions
Connectm Technology Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 11 June 2007 (19+ years old) and is registered under CIN U64202KA2007PTC043080.
Connectm Technology Solutions has 3 current directors:
- Mahesh Prasad Choudhury - Director
- Subramanya Girish - Director
- Purushothaman Vinayakam - Director
The latest financial statements of Connectm Technology Solutions 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 Connectm Technology Solutions is 29AADCC0973C1ZV, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Connectm Technology Solutions is U64202KA2007PTC043080. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Connectm Technology Solutions has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Connectm Technology Solutions was incorporated on 11 June 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Connectm Technology Solutions has 10 deals on record (4 secondary share transfers, 4 rights issues, 1 debt financing), with disclosed funding of ₹27.04 Cr; the latest was in January 2018.
The peers of Connectm Technology Solutions by revenue are Saven Technologies Limited, Empaxis Data Management India Private Limited, Software A G India Sales Private Limited, Onfido Services India Private Limited, Cantier Systems Private Limited and 2 more, all in the same principal business activity (computer programming, consultancy and related activities).
Anand Ramakrishnappa Dasarapalli ceased to be Alternate Director on 30 Jun 2021. Purushothaman Vinayakam was appointed as Director on 07 Dec 2020. Anand Ramakrishnappa Dasarapalli was appointed as Alternate Director on 13 Jun 2018. Connectm Technology Solutions has 24 board changes on record in total.
Connectm Technology Solutions can be reached through the website connectm.com. Its registered office is in Bangalore, Karnataka, India.
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