Connet Securities and Finance Private Limited
About Connet Securities and Finance Private Limited
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Connet Securities and Finance Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 30 November 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH1995PTC094912.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.22 Cr. It is led by directors Shivangi Shreevallabh Damani and Sarojdevi Shreevallabh Damani.
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 53 Free Press House 5th Floor Free Press Journal Marg Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.47 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹4.33 Cr (net margin 79.1%) and EBITDA of ₹5.22 Cr (EBITDA margin 95.3%). Revenue has grown at a compounded annual rate (CAGR) of 70% over three years and 56% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Connet Securities and Finance Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address53 Free Press House 5th Floor Free Press Journal Marg Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Connet Securities and Finance 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
Business activity
The main business activity of Connet Securities and Finance is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Connet Securities and Finance Private Limited, buy the company report.
Financials of Connet Securities and Finance Private Limited
FY 2025 filings availableConnet Securities and Finance Private Limited reported revenue of ₹5.47 Cr (down 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 56%. EBITDA fell 6% 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 | ₹5.22 Cr | ||||
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| Net Profit (PAT) | ₹4.33 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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| EBITDA Margin | 95.3% | ||||
| Net Profit Margin | 79.1% | ||||
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To see the full financial statements and ratios of Connet Securities and Finance Private Limited, buy the company report.
Board of directors of Connet Securities and Finance Private Limited
Connet Securities and Finance has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shivangi Shreevallabh Damani Also directs: Four Ace Developers Private Limited, Karini Investment and Finance Private Limited, Fujitsu Capital Market Ltd and 3 more | Director | 03 Jan 2022 | 4 Years 10 Months | Current |
| Sarojdevi Shreevallabh Damani | Director | 21 Apr 1996 | 30 Years 6 Months | Current |
Auditor
Connet Securities and Finance Private Limited is audited by DANGI JAIN & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DANGI JAIN & CO | FY 2020 | 308108E |
Shareholding
The shareholding of Connet Securities and Finance Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Connet Securities and Finance Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Connet Securities and Finance Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Connet Securities and Finance Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Connet Securities and Finance has 2 associated companies. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Connet Securities and Finance Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Connet Securities and Finance Private Limited has 6 board changes on record since 1996: 2 appointments and 4 cessations. The latest: Shivangi Shreevallabh Damani ceased to be Additional Director on 30 Sep 2022.
Frequently asked questions
Connet Securities and Finance is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 30 November 1995 (31+ years old) and is registered under CIN U65990MH1995PTC094912.
Connet Securities and Finance has 2 current directors:
- Shivangi Shreevallabh Damani - Director
- Sarojdevi Shreevallabh Damani - Director
The latest financial statements of Connet Securities and Finance 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 CIN (Corporate Identification Number) of Connet Securities and Finance is U65990MH1995PTC094912. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Connet Securities and Finance was incorporated on 30 November 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Shivangi Shreevallabh Damani ceased to be Additional Director on 30 Sep 2022. Sarva Shreevallabh Damani ceased to be Director on 03 Jan 2022. Shivangi Shreevallabh Damani was appointed as Director on 03 Jan 2022. Connet Securities and Finance has 6 board changes on record in total.
The registered office of Connet Securities and Finance is at 53 Free Press House 5th Floor Free Press Journal Marg Nariman Point, Mumbai, Maharashtra, India – 400021.
Connet Securities and Finance operates in the financial services industry, in the diversified financial services segment.
The compliance status of Connet Securities and Finance is compliant as of 04 August 2026. The company is actively filing with the Registrar of Companies.
Connet Securities and Finance can be reached at its registered office: 53 Free Press House 5th Floor Free Press Journal Marg Nariman Point, Mumbai, Maharashtra, India – 400021.
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