MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0034166
India Connection Impex Private Limited - fashion and textile in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹52.8 Lakh
▼ 22% YoY
Net profit · FY 2025
₹23.94 Lakh
Net margin 45.3%
EBITDA · FY 2025
₹45.65 Lakh
EBITDA margin 86.5%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹41 Lakh
Issued & subscribed
Open charges
₹3.83 Cr
Satisfied ₹32.62 Cr
Company age
24 yrs
Est. 2002
Employees · EPFO
6
Provident fund records
About India Connection Impex Private Limited
Data last updated:
India Connection Impex Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 21 March 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2002PTC135259. Its GSTIN is 27AAACI9108A1ZZ (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹41 Lakh. It is led by directors Payal Shahani Kavi and Meghna Kavi Shahani.
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 Deep Plaza Unit No 17 & 182nd Floor Off Lbs Marg Kurla West, Mumbai, Maharashtra, India – 400070.
As per the financials filed for FY 2025, the company reported a revenue of ₹52.8 Lakh, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹23.94 Lakh (net margin 45.3%) and EBITDA of ₹45.65 Lakh (EBITDA margin 86.5%). Revenue has declined at a compounded annual rate (CAGR) of 49% over three years and 36% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: India Connection Impex. As per MCA filings, the company has open charges of ₹3.83 Cr and satisfied charges of ₹32.62 Cr on record. Court records list 7 cases involving the company, including 2 filed by the company and 5 filed against it; 2 cases are pending.
India Connection Impex Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0034166). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indiaconnection.co.in.
Company details
CIN U51909MH2002PTC135259
Registration Number 135259
Incorporation Date 21 March 2002
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0034166
Recognitions & Rankings of India Connection Impex
Contact details
India Connection Impex Private Limited's registered office is in Mumbai, Maharashtra. Its website is indiaconnection.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressDeep Plaza Unit No 17 & 182nd Floor Off Lbs Marg Kurla West, Mumbai, Maharashtra, India – 400070
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of India Connection Impex Private Limited, buy the company report.
Comprehensive company report
India Connection Impex 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
India Connection Impex operates one associated brand: India Connection Impex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Development of propulsion systems and pod hotels in India. | indiaconnection.co.in |
Business activity
The main business activity of India Connection Impex 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 India Connection Impex Private Limited, buy the company report.
Financials of India Connection Impex Private Limited
FY 2025 filings availableIndia Connection Impex Private Limited reported revenue of ₹52.8 Lakh (down 22% YoY) for FY 2025.
Revenue · FY 2025
₹52.8 Lakh ▼ 22%
Net profit · FY 2025
₹23.94 Lakh margin 45.3%
EBITDA · FY 2025
₹45.65 Lakh margin 86.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 22%
3 years · compounded
▼ 49%
5 years · compounded
▼ 36%
EBITDA CAGR growth
1 year
▼ 4%
3 years · compounded
▲ 29%
5 years · compounded
▲ 16%
Revenue has declined at a compounded annual rate (CAGR) of 36% over five years, including a 22% fall in the latest year. EBITDA fell 4% 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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| Total Expenses | |||||
| EBITDA | ₹45.65 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹23.94 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 86.5% | ||||
| Net Profit Margin | 45.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of India Connection Impex Private Limited, buy the company report.
Board of directors of India Connection Impex Private Limited
India Connection Impex has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Payal Shahani Kavi Also directs: Ra Moda Exports Private Limited | Director | 21 Mar 2002 | 24 Years 7 Months | Current |
| Meghna Kavi Shahani Also directs: Ra Moda Exports Private Limited | Director | 04 Mar 2019 | 7 Years 7 Months | Current |
Peer comparison
India Connection Impex Private Limited is compared with the 4 companies closest to it by revenue in the Apparel industry (Branded Wear), 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 |
|---|---|---|---|---|---|---|
| Venkatesakanyaa Styling Private Limited | ₹55.07 Lakh (FY 2021) | -42.0% | Pune, Maharashtra, India | |||
| India Connection Impex Private Limitedthis company | ₹52.8 Lakh (FY 2025) | ₹23.94 Lakh | 45.3% | -22.0% | 6 | Mumbai, Maharashtra, India |
| Countless Innovations Private Limited | ₹52.59 Lakh (FY 2025) | -44.0% | Jaipur, Rajasthan, India | |||
| Umbrella Textiles Private Limited | ₹50.71 Lakh (FY 2024) | -19.0% | Indore, Madhya Pradesh, India | |||
| Cation Clothing Private Limited | ₹50.71 Lakh (FY 2024) | 108.0% | New Delhi, Delhi, India |
To see the full peer comparison of India Connection Impex Private Limited, buy the company report.
Auditor
India Connection Impex Private Limited is audited by ANIKET KULKARNI & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANIKET KULKARNI & ASSOCIATES | FY 2022 | 130521W |
Shareholding
The shareholding of India Connection Impex Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of India Connection Impex Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.83 Cr
Satisfied charges
₹32.62 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Nov 2021 | 100507306 | Others | ₹2 Cr | Open | |
| 18 Jul 2012 | 10366030 | Citibank N. A. | ₹85 Lakh | Open | |
| 23 Oct 2010 | 10247333 | Citibank N.A. | ₹48 Lakh | Open | |
| 10 Oct 2007 | 10069829 | Citibank N. A. | ₹49.99 Lakh | Open | |
| 19 Nov 2015 | 10602364 | Citi Bank N.A | ₹1.2 Cr | Satisfied |
To see the full charge records of India Connection Impex Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
India Connection Impex Private Limited has 7 court cases on record: 2 filed by India Connection Impex, 5 filed against it. 2 cases are pending and 5 are disposed.
Total cases
7
Filed by the company
2
Filed against the company
5
Pending
2
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 3 | 2 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed by the company against Achharya Builders Private Limited and 4 others | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Interim or miscellaneous application | Filed by the company against The Regional Director, Employees State Insurance Corporation Sro Thane | Pending |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS Cases) | Filed against the company by an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS Cases) | Filed against the company by an individual | Disposed |
To see the full case history of India Connection Impex 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 India Connection Impex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
India Connection Impex Private Limited has a workforce of 6 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
6
Active EPFO establishments
1
Employee growth
-14.29%
GST
India Connection Impex has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACI9108A1ZZ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of India Connection Impex Private Limited, buy the company report.
Recent activity
India Connection Impex Private Limited has 3 board changes on record since 2002: 2 appointments and 1 cessation. The latest: Meghna Kavi Shahani was appointed as Director on 04 Mar 2019.
AGM
India Connection Impex Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
India Connection Impex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 200.00 Lakh with Charge ID 100507306 was registered on 23 Nov 2021.
Charges
A charge registered on 29 Sep 2015 via Charge ID 10621038 with Kotak Mahindra Bank Limited was fully satisfied on 06 Mar 2019.
Charges
A charge registered on 06 Jul 2015 via Charge ID 10626215 with Kotak Mahindra Bank Limited was fully satisfied on 06 Mar 2019.
Appointed
Meghna Kavi Shahani was appointed as Director.
Charges
A charge registered on 19 Nov 2015 via Charge ID 10602364 with Citi Bank N.A was fully satisfied on 05 Jan 2019.
Ceased
Kavi Ram Shahani ceased to be Director.
Charges
A charge with Citi Bank N.A amounted to Rs. 120.00 Lakh with Charge ID 10602364 was registered on 19 Nov 2015.
Charges
A charge with Kotak Mahindra Bank Limited amounted to Rs. 850.00 Lakh with Charge ID 10621038 was registered on 29 Sep 2015.
Charges
A charge registered on 22 Nov 2012 via Charge ID 10387183 with Hdfc Bank Limited was fully satisfied on 31 Aug 2015.
Charges
A charge with Kotak Mahindra Bank Limited amounted to Rs. 800.00 Lakh with Charge ID 10626215 was registered on 06 Jul 2015.
13 earlier events are in the company report.
Frequently asked questions
India Connection Impex is an active private limited company based in Mumbai, Maharashtra, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 21 March 2002 (24+ years old) and is registered under CIN U51909MH2002PTC135259.
India Connection Impex has 2 current directors:
- Payal Shahani Kavi - Director
- Meghna Kavi Shahani - Director
The latest financial statements of India Connection Impex 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 GSTIN of India Connection Impex is 27AAACI9108A1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of India Connection Impex is U51909MH2002PTC135259. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
India Connection Impex has 7 court cases on record: 2 filed by the company and 5 filed against it. 2 are pending. Most are in the district courts.
India Connection Impex was incorporated on 21 March 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of India Connection Impex by revenue are Venkatesakanyaa Styling Private Limited, Countless Innovations Private Limited, Umbrella Textiles Private Limited, Cation Clothing Private Limited, all in the Apparel industry (Branded Wear), with the same principal business activity (retail trading).
Meghna Kavi Shahani was appointed as Director on 04 Mar 2019. Kavi Ram Shahani ceased to be Director on 01 Nov 2017. Payal Shahani Kavi was appointed as Director on 21 Mar 2002.
Yes, India Connection Impex is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0034166).
India Connection Impex can be reached through the website indiaconnection.co.in. Its registered office is in Mumbai, Maharashtra, India.