About Connexions Retail Stores Private Limited
Data last updated:
Connexions Retail Stores Private Limited is a private limited company based in Chennai, Tamil Nadu, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the accessories retail and distribution segment of the consumer goods sector. It was incorporated on 02 May 2011.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74900TN2011PTC080403. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.75 Cr. It is led by directors Thimmakudy Swaminathan Ramachandran (Managing Director) and Thimmakudy Venktasubban Swamenathan (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 120 Natesan Nagar III Main Road Virugambakkam, Chennai, Tamil Nadu, India – 600092.
As per the financials filed for FY 2017, the company reported a revenue of ₹44.32 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net loss of ₹5.21 Lakh (net margin -0.1%) and EBITDA of ₹6.25 Cr (EBITDA margin 14.1%).
The company has about 132 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹19.6 Cr and satisfied charges of ₹46.66 Cr on record. Court records list 9 cases involving the company, including 3 filed by the company and 6 filed against it.
The last known website on record is connexionsonline.biz.
Company details
Contact details
Connexions Retail Stores Private Limited's registered office is in Chennai, Tamil Nadu. Its website is connexionsonline.biz. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address120 Natesan Nagar III Main Road Virugambakkam, Chennai, Tamil Nadu, India – 600092
- IndustryConsumer Goods, Accessories Retail & Distribution
To see the full contact details of Connexions Retail Stores 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 Connexions Retail Stores is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Connexions Retail Stores Private Limited, buy the company report.
Financials of Connexions Retail Stores Private Limited
FY 2017 filings availableConnexions Retail Stores Private Limited reported revenue of ₹44.32 Cr (up 12% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 12% in the latest year. EBITDA rose 18% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹44.32 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹6.25 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹5.21 Lakh | ||
| 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 14.1% | ||
| Net Profit Margin | -0.1% | ||
| 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 | |||
To see the full financial statements and ratios of Connexions Retail Stores Private Limited, buy the company report.
Board of directors of Connexions Retail Stores Private Limited
Connexions Retail Stores has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thimmakudy Swaminathan Ramachandran | Managing Director | 02 May 2011 | 15 Years 6 Months | As last reported |
| Thimmakudy Venktasubban Swamenathan | Whole-Time Director | 02 May 2011 | 15 Years 6 Months | As last reported |
Peer comparison
Connexions Retail Stores Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Accessories Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Yves Saint Laurent India Private Limited | ₹47.34 Cr (FY 2025) | 102.0% | Mumbai, Maharashtra, India | |||
| Benzer Department Stores Private Limited | ₹46.8 Cr (FY 2024) | 11.0% | Mumbai, Maharashtra, India | |||
| Connexions Retail Stores Private Limitedthis company | ₹44.32 Cr (FY 2017) | -₹5.21 Lakh | -0.1% | 12.0% | 132 | Chennai, Tamil Nadu, India |
| Himalaya Opticals Private Limited | ₹44.14 Cr (FY 2025) | 12.0% | New Delhi, Delhi, India | |||
| Sabari Retail India Private Limited | ₹43.53 Cr (FY 2025) | -6.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Connexions Retail Stores Private Limited, buy the company report.
Auditor
Connexions Retail Stores Private Limited is audited by RAJA & KUMAR for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJA & KUMAR | FY 2017 | 007472S |
Shareholding
The shareholding of Connexions Retail Stores Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Connexions Retail Stores Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2017 | 100126913 | Others | ₹7.7 Cr | Open | |
| 30 Mar 2015 | 10568279 | Others | ₹9.5 Cr | Open | |
| 30 Mar 2015 | 10564858 | Deutsche Bank Ag | ₹1.2 Cr | Open | |
| 30 Mar 2015 | 10564095 | Deutsche Bank Ag | ₹1.2 Cr | Open | |
| 06 May 2015 | 10580095 | The South Indian Bank Limited | ₹9 Lakh | Satisfied |
To see the full charge records of Connexions Retail Stores Private Limited, buy the company report.
Total charge records: 17 View all charges
Legal cases
Connexions Retail Stores Private Limited has 9 court cases on record: 3 filed by Connexions Retail Stores, 6 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 0 |
| NCLT | 3 | 0 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Execution petition | Filed against the company by Religare Finvest Ltd | Disposed |
| District court, Chennai, Tamil Nadu | Criminal complaint | Filed against the company by M/S. Bajaj Finance Limited Rep. by Its Authorized Signatory Mr. S. Saravanabhavan | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Edelweiss Retail Finance Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by M/S. Neostyle India Pvt Ltd Th.Mr.Sachin A Dhanu | Disposed |
| NCLT, Chennai | Insolvency matter | Filed by the company | Disposed |
To see the full case history of Connexions Retail Stores 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 Connexions Retail Stores Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Connexions Retail Stores Private Limited has a workforce of 132 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Connexions Retail Stores has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Connexions Retail Stores Private Limited, buy the company report.
Recent activity
Connexions Retail Stores Private Limited has 9 board changes on record since 2011: 2 appointments and 7 cessations. The latest: Gunasekar Krishna Kumar ceased to be Additional Director on 15 Feb 2018.
33 earlier events are in the company report.
Frequently asked questions
Connexions Retail Stores is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Connexions Retail Stores is a company under liquidation, formerly operating as a private limited company based in Chennai, Tamil Nadu, India. The company works in accessories retail and distribution, within the consumer goods industry. It was incorporated on 02 May 2011 and is registered under CIN U74900TN2011PTC080403. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Connexions Retail Stores has 2 current directors:
- Thimmakudy Swaminathan Ramachandran - Managing Director
- Thimmakudy Venktasubban Swamenathan - Whole-Time Director
The latest financial statements of Connexions Retail Stores on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Connexions Retail Stores is U74900TN2011PTC080403. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Connexions Retail Stores has open charges of ₹19.6 Cr and satisfied charges of ₹46.66 Cr as per latest MCA filings.
Connexions Retail Stores has 9 court cases on record: 3 filed by the company and 6 filed against it. Most are in the district courts.
Connexions Retail Stores was incorporated on 02 May 2011. It is registered with the Registrar of Companies, Chennai.
The peers of Connexions Retail Stores by revenue are Yves Saint Laurent India Private Limited, Benzer Department Stores Private Limited, Himalaya Opticals Private Limited, Sabari Retail India Private Limited, all in the Consumer Products industry (Accessories Retail and Distribution), with the same principal business activity (retail trading).
Gunasekar Krishna Kumar ceased to be Additional Director on 15 Feb 2018. Ramalingam Gunasekar ceased to be Additional Director on 15 Feb 2018. Thimmakudy Venktasubban Swamenathan ceased to be Director on 01 Apr 2017. Connexions Retail Stores has 9 board changes on record in total.
Connexions Retail Stores can be reached through the website connexionsonline.biz. Its registered office is in Chennai, Tamil Nadu, India.
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