MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-KR-03-0060746
Molecular Connections Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹182.94 Cr
▲ 13% YoY
Net profit · FY 2024
₹59.74 Cr
Net margin 32.7%
EBITDA · FY 2024
₹83.43 Cr
EBITDA margin 45.6%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹12.43 Lakh
Issued & subscribed
Open charges
₹40 Cr
Satisfied ₹35 Cr
Company age
25 yrs
Est. 2001
Employees · EPFO
1,123
Provident fund records
About Molecular Connections Private Limited
Data last updated:
Molecular Connections Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 06 June 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U73200TN2001PTC185030. Its GSTIN is 33AACCM5956A1ZS (Tamil Nadu). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹12.43 Lakh. It is led by directors including Jignesh Jaswant Bhate (Managing Director) and Lim Soon Wong.
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 Ground Floor D N Complex No.57 Lakshami Talkies Road Shenoy Nagar, Chennai, Tamil Nadu, India – 600030.
As per the financials filed for FY 2024, the company reported a revenue of ₹182.94 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹59.74 Cr (net margin 32.7%) and EBITDA of ₹83.43 Cr (EBITDA margin 45.6%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 13% over five years.
The company has about 1,123 employees on its provident fund (EPFO) records.
The company is associated with 4 brands: MC Research, MCPairs, Manuscript Insight and Molecular Connections. As per MCA filings, the company has open charges of ₹40 Cr and satisfied charges of ₹35 Cr on record. Court records list 2 cases involving the company, including 2 filed against it. The company has 24 deals on record (24 secondary share transfers); the latest was in March 2024.
Molecular Connections Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-03-0060746). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website molecularconnections.com.
Company details
CIN U73200TN2001PTC185030
Registration Number 185030
Incorporation Date 06 June 2001
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-KR-03-0060746
CIN history
Molecular Connections has one previous CIN (Corporate Identification Number): U73200KA2001PTC029092. The current CIN is U73200TN2001PTC185030, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U73200TN2001PTC185030 | Current |
| U73200KA2001PTC029092 | Previous |
Key People
Jignesh Jaswant Bhate Managing Director Lim Soon Wong Director Payal Jignesh Bhate Director Recognitions & Rankings of Molecular Connections
Contact details
Molecular Connections Private Limited's registered office is in Chennai, Tamil Nadu.
- Registered AddressGround Floor D N Complex No.57 Lakshami Talkies Road Shenoy Nagar, Chennai, Tamil Nadu, India – 600030
- IndustryInformation Technology, Application Development & Software Solutions, IT Consulting & Support Services
Comprehensive company report
Molecular Connections Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Brands
Molecular Connections operates multiple associated brands including MC Research, MCPairs, and MANUSCRIPT INSIGHT. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive brokerage services for property rentals. | molecularconnection.com | |
| Operates as India's patent database platform. | mcpairs.com | |
| Platform for tracking rejected articles in peer review processes for publishers. | manuscriptinsight.ai | |
| Databases and analytics for drug discovery are provided. | molecularconnections.com |
Business activity
The main business activity of Molecular Connections is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Molecular Connections Private Limited, buy the company report.
Financials of Molecular Connections Private Limited
FY 2024 filings availableMolecular Connections Private Limited reported revenue of ₹182.94 Cr (up 13% YoY) for FY 2024.
Revenue · FY 2024
₹182.94 Cr ▲ 13%
Net profit · FY 2024
₹59.74 Cr margin 32.7%
EBITDA · FY 2024
₹83.43 Cr margin 45.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 12%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 18%
5 years · compounded
▲ 21%
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 13% growth in the latest year. EBITDA rose 15% 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 | ₹83.43 Cr | ||||
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| Net Profit (PAT) | ₹59.74 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 45.6% | ||||
| Net Profit Margin | 32.7% | ||||
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To see the full financial statements and ratios of Molecular Connections Private Limited, buy the company report.
Board of directors of Molecular Connections Private Limited
Molecular Connections has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lim Soon Wong | Director | 19 Sep 2001 | 25 Years 1 Months | Current |
| Payal Jignesh Bhate | Director | 10 Aug 2020 | 6 Years 2 Months | Current |
| Jignesh Jaswant Bhate Also directs: Molecular Analytics LLP, Quanterra Stratergies LLP, Page Industries Limited and 5 more | Managing Director | 06 Jun 2001 | 25 Years 4 Months | Current |
Charges & borrowings
Open charges
₹40 Cr
Satisfied charges
₹35 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Aug 2023 | 100783812 | Others | ₹10 Cr | Open | |
| 25 Jul 2022 | 100607149 | Others | ₹30 Cr | Open | |
| 14 Feb 2023 | 100693737 | Hdfc Bank Limited | ₹30 Cr | Satisfied | |
| 25 Sep 2012 | 10378024 | Icici Bank Limited | ₹5 Cr | Satisfied |
To see the full charge records of Molecular Connections Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Molecular Connections Private Limited has 24 deals on record (24 secondary share transfers); the latest was in March 2024.
Total deals
24
Secondary share transfers
24
Deals on record (5 of 24)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Level Next Consulting Services Private Limited , Molecular Connections Employee ESOP Trust, an individual Seller: Exploit Technologies PTE LTD, 3 individuals |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Exploit Technologies PTE LTD Seller: Accelerate Technologies Private Limited |
| Dec 2019 | Secondary share transfer | Undisclosed | Buyer: Level Next Consulting Services Private Limited Seller: 2 individuals |
To see the full deal history of Molecular Connections 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
Molecular Connections Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Total cases
2
Filed against the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Civil suit | Filed against the company by E-Merge Tech Global | Disposed |
| High Court | Tax appeal | Filed against the company by Principal Commisioner of Income Tax-4 and 1 other | Disposed |
To see the full case history of Molecular Connections 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 Molecular Connections Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Molecular Connections has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCM5956A1ZS | Tamil Nadu | Active | 15 Feb 2018 |
| 29AACCM5956A1ZH | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Molecular Connections Private Limited, buy the company report.
Recent activity
Molecular Connections Private Limited has 9 board changes on record since 2001: 3 appointments and 6 cessations. The latest: Payal Jignesh Bhate ceased to be Additional Director on 31 Dec 2020.
AGM
Molecular Connections Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Molecular Connections Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge registered on 14 Feb 2023 via Charge ID 100693737 with Hdfc Bank Limited was fully satisfied on 15 Mar 2024.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100783812 was registered on 01 Aug 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 30.00 Cr with Charge ID 100693737 was registered on 14 Feb 2023.
Charges
A charge with Others amounted to Rs. 30.00 Cr with Charge ID 100607149 was registered on 25 Jul 2022.
Ceased
Payal Jignesh Bhate ceased to be Additional Director.
Appointed
Payal Jignesh Bhate was appointed as Director.
Ceased
Satish Reddy Kallam ceased to be Director.
Ceased
Venkateswara Prasad Gunupati ceased to be Director.
Charges
A charge registered on 25 Sep 2012 via Charge ID 10378024 with Icici Bank Limited was fully satisfied on 14 Jul 2014.
Charges
A charge with Icici Bank Limited amounted to Rs. 5.00 Cr with Charge ID 10378024 was registered on 25 Sep 2012.
6 earlier events are in the company report.
News
Frequently asked questions
Molecular Connections is an active private limited company based in Chennai, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 06 June 2001 (25+ years old) and is registered under CIN U73200TN2001PTC185030.
Molecular Connections has 3 current directors:
- Jignesh Jaswant Bhate - Managing Director
- Lim Soon Wong - Director
- Payal Jignesh Bhate - Director
The latest financial statements of Molecular Connections 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 Molecular Connections is 33AACCM5956A1ZS, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AACCM5956A1ZH (Karnataka).
The CIN (Corporate Identification Number) of Molecular Connections is U73200TN2001PTC185030. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Molecular Connections has 2 court cases on record: 2 filed against it. Most are in the district courts.
Molecular Connections was incorporated on 06 June 2001, making it 25+ years old. It is registered with the Registrar of Companies, Chennai.
Molecular Connections has 24 deals on record (24 secondary share transfers); the latest was in March 2024.
Payal Jignesh Bhate ceased to be Additional Director on 31 Dec 2020. Payal Jignesh Bhate was appointed as Director on 10 Aug 2020. Satish Reddy Kallam ceased to be Director on 24 Jul 2020. Molecular Connections has 9 board changes on record in total.
Yes, Molecular Connections is registered as an MSME under Udyam registration (number: UDYAM-KR-03-0060746).