About First Degree Connections Private Limited
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First Degree Connections Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 27 May 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72200PN2014PTC151310. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Arundhati Shreeram Kunte and Suneel Shrikrishna Patki.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at F. No. D – 4 Sec. A Shree Nagri Nigdi, Pune, Maharashtra, India – 411044.
As per the financials filed for FY 2020, the company reported a revenue of ₹8.53 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2,132 (net margin 0.3%) and EBITDA of ₹21,170 (EBITDA margin 2.5%). Revenue has grown at a compounded annual rate (CAGR) of 43% over three years and 52% over five years.
The company is associated with 1 brand: Zipmeals.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website zipbox.co.in.
Company details
Contact details
First Degree Connections Private Limited's registered office is in Pune, Maharashtra. Its website is zipbox.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressF. No. D – 4 Sec. A Shree Nagri Nigdi, Pune, Maharashtra, India – 411044
- IndustryE-Commerce, General E-Commerce Platforms
To see the full contact details of First Degree Connections 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
First Degree Connections operates one associated brand: Zipmeals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates a digital platform for ordering and delivering hand-crafted condiments. | zipmeals.in |
Business activity
The main business activity of First Degree Connections 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 First Degree Connections Private Limited, buy the company report.
Financials of First Degree Connections Private Limited
FY 2020 filings availableFirst Degree Connections Private Limited reported revenue of ₹8.53 Lakh (up 2617% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 52% over five years. EBITDA rose 239% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | ₹21,170 | ||||
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| Net Profit (PAT) | ₹2,132 | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA Margin | 2.5% | ||||
| Net Profit Margin | 0.3% | ||||
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To see the full financial statements and ratios of First Degree Connections Private Limited, buy the company report.
Board of directors of First Degree Connections Private Limited
First Degree Connections has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arundhati Shreeram Kunte | Director | 27 May 2014 | 12 Years 5 Months | Current |
| Suneel Shrikrishna Patki | Director | 27 May 2014 | 12 Years 5 Months | Current |
Peer comparison
First Degree Connections Private Limited is compared with the 3 companies closest to it by revenue in the Ecommerce and Internet industry (Broad Based Ecommerce), 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 |
|---|---|---|---|---|---|---|
| Weaim Mart Private Limited | ₹8.73 Lakh (FY 2024) | 172.0% | Hyderabad, Telangana, India | |||
| Debystudio Private Limited | ₹8.57 Lakh (FY 2024) | -31.0% | Bangalore, Karnataka, India | |||
| First Degree Connections Private Limitedthis company | ₹8.53 Lakh (FY 2020) | ₹2,132 | 0.3% | 2617.0% | Pune, Maharashtra, India | |
| G4buy India Private Limited | ₹8.31 Lakh (FY 2019) | Secunderabad, Telangana, India |
To see the full peer comparison of First Degree Connections Private Limited, buy the company report.
Auditor
First Degree Connections Private Limited is audited by A D BHATE & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A D BHATE & CO | FY 2017 | 125519W |
Shareholding
The shareholding of First Degree Connections 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 First Degree Connections Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving First Degree Connections 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 First Degree Connections Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
First Degree Connections 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 First Degree Connections Private Limited, buy the company report.
Recent activity
First Degree Connections Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Arundhati Shreeram Kunte was appointed as Director on 27 May 2014.
Frequently asked questions
First Degree Connections is an active private limited company based in Pune, Maharashtra, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 27 May 2014 (12+ years old) and is registered under CIN U72200PN2014PTC151310.
First Degree Connections has 2 current directors:
- Arundhati Shreeram Kunte - Director
- Suneel Shrikrishna Patki - Director
The latest financial statements of First Degree Connections on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. First Degree Connections has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of First Degree Connections is U72200PN2014PTC151310. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
First Degree Connections was incorporated on 27 May 2014, making it 12+ years old. It is registered with the Registrar of Companies, Pune.
The peers of First Degree Connections by revenue are Weaim Mart Private Limited, Debystudio Private Limited, G4buy India Private Limited, all in the Ecommerce and Internet industry (Broad Based Ecommerce), with the same principal business activity (retail trading).
Arundhati Shreeram Kunte was appointed as Director on 27 May 2014. Suneel Shrikrishna Patki was appointed as Director on 27 May 2014.
First Degree Connections can be reached through the website zipbox.co.in. Its registered office is in Pune, Maharashtra, India.
The registered office of First Degree Connections is at F. No. D – 4 Sec. A Shree Nagri Nigdi, Pune, Maharashtra, India – 411044.
First Degree Connections operates in the e-commerce industry, in the general e-commerce platforms segment.
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