MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0010164
Netconnect Private Limited - business outsourcing in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹140.5 Cr
▲ 9% YoY
Net profit · FY 2025
₹59.98 Lakh
Net margin 0.4%
EBITDA · FY 2025
₹3.15 Cr
EBITDA margin 2.2%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.8 Cr
Issued & subscribed
Open charges
₹22.38 Cr
Satisfied ₹8 Cr
Company age
29 yrs
Est. 1997
Employees · EPFO
2,118
Provident fund records
About Netconnect Private Limited
Data last updated:
Netconnect Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 27 February 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U32202KA1997PTC021881. Its GSTIN is 29AAACN7026L1Z6 (Karnataka).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.8 Cr. It is led by directors Anil Bisht and Sunil Bist.
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 Bengaluru, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹140.5 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹59.98 Lakh (net margin 0.4%) and EBITDA of ₹3.15 Cr (EBITDA margin 2.2%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 13% over five years.
The company has about 2,118 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹22.38 Cr and satisfied charges of ₹8 Cr on record. Court records list 7 cases involving the company, including 1 filed by the company and 6 filed against it.
Netconnect Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0010164). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website netconnectglobal.com.
Company details
CIN U32202KA1997PTC021881
Registration Number 021881
Incorporation Date 27 February 1997
ROC Bangalore
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 Medium
Udyam Registration UDYAM-KR-03-0010164
Key People
Anil Bisht Director Sunil Bist Director Recognitions & Rankings of Netconnect
Contact details
Netconnect Private Limited's registered office is in Bengaluru, Karnataka. Its website is netconnectglobal.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressWework Salarpuria Symbiosis Arekere Village Begur Bannerghatta Main Road Uttarahalli, Hobli, Bengaluru, Karnataka, India – 560076
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Netconnect Private Limited, buy the company report.
Comprehensive company report
Netconnect 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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Business activity
The main business activity of Netconnect is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Netconnect Private Limited, buy the company report.
Financials of Netconnect Private Limited
FY 2025 filings availableNetconnect Private Limited reported revenue of ₹140.5 Cr (up 9% YoY) for FY 2025.
Revenue · FY 2025
₹140.5 Cr ▲ 9%
Net profit · FY 2025
₹59.98 Lakh margin 0.4%
EBITDA · FY 2025
₹3.15 Cr margin 2.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 25%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 15%
5 years · compounded
▼ 2%
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 9% growth in the latest year. EBITDA rose 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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| Total Expenses | |||||
| EBITDA | ₹3.15 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹59.98 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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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 | 2.2% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Netconnect Private Limited, buy the company report.
Board of directors of Netconnect Private Limited
Netconnect has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anil Bisht | Director | 27 Feb 1997 | 29 Years 8 Months | Current |
| Sunil Bist | Director | 27 Feb 1997 | 29 Years 8 Months | Current |
Auditor
Netconnect Private Limited is audited by Ranga Rao and Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ranga Rao and Associates | FY 2023 | 007996S |
Shareholding
The shareholding of Netconnect Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Netconnect Private Limited, buy the company report.
Charges & borrowings
Open charges
₹22.38 Cr
Satisfied charges
₹8 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Oct 2022 | 100625123 | Hdfc Bank Limited | ₹14 Cr | Open | |
| 10 Aug 2022 | 100627438 | Hdfc Bank Limited | ₹37.65 Lakh | Open | |
| 25 May 2016 | 100067118 | Citi Bank N.A. | ₹8 Cr | Open | |
| 16 Jun 2014 | 10507825 | Kotak Mahindra Bank Limited | ₹6.5 Cr | Satisfied | |
| 17 Feb 2010 | 10200713 | 3I Infotech Trusteeship Services Limited | ₹1.5 Cr | Satisfied |
To see the full charge records of Netconnect Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Netconnect Private Limited has 7 court cases on record: 1 filed by Netconnect, 6 filed against it. All cases are disposed.
Total cases
7
Filed by the company
1
Filed against the company
6
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by Ms Lakshmibrooke Coffee Hosts Pvt Ltd. | Disposed |
| District court, BENGALURU, Karnataka | Criminal case | Filed against the company by Ms Lakshmibrooke Coffee Hosts Pvt Ltd. | Disposed |
| District court, West, Delhi | Court case (ESIC) | Filed against the company by an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss casess) | Filed against the company by Muncipal Corporation K-East Ward, Mumbai | Disposed |
| District court, Sawai Madhopur, Rajasthan | Court case (REG. CIVIL SUIT) | Filed against the company by an individual | Disposed |
To see the full case history of Netconnect 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
Netconnect Private Limited has 6 MSME Form 1 returns on record between 2021 and 2022, listing 20 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Integrity Verification Services Private Limited | |||
| an individual supplier | |||
| Kaizen IT Services Pvt Ltd | |||
| Brandstory Solutions Private Limited | |||
| Samniya Avionics Techsys Private Limited |
To see the full MSME payment records of Netconnect Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Netconnect Private Limited has a workforce of 2,118 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
2,118
Active EPFO establishments
1
Employee growth
50%
GST
Netconnect has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACN7026L1Z6 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Netconnect Private Limited, buy the company report.
Recent activity
Netconnect Private Limited has 2 board changes on record since 1997: 2 appointments. The latest: Anil Bisht was appointed as Director on 27 Feb 1997.
AGM
Netconnect Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Netconnect Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited of Rs. 14.00 Cr registered on 14 Oct 2022 with Charge ID 100625123 was modified on 27 Jun 2024.
Charges
A charge with Citi Bank N.A. of Rs. 8.00 Cr registered on 25 May 2016 with Charge ID 100067118 was modified on 07 Nov 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 14.00 Cr with Charge ID 100625123 was registered on 14 Oct 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.38 Cr with Charge ID 100627438 was registered on 10 Aug 2022.
Charges
A charge registered on 16 Jun 2014 via Charge ID 10507825 with Kotak Mahindra Bank Limited was fully satisfied on 06 Oct 2016.
Charges
A charge with Citi Bank N.A. amounted to Rs. 8.00 Cr with Charge ID 100067118 was registered on 25 May 2016.
Charges
A charge registered on 17 Feb 2010 via Charge ID 10200713 with 3I Infotech Trusteeship Services Limited was fully satisfied on 28 Aug 2015.
Charges
A charge with Kotak Mahindra Bank Limited amounted to Rs. 6.50 Cr with Charge ID 10507825 was registered on 16 Jun 2014.
Charges
A charge with 3I Infotech Trusteeship Services Limited of Rs. 1.50 Cr registered on 17 Feb 2010 with Charge ID 10200713 was modified on 08 Aug 2013.
Charges
A charge with 3I Infotech Trusteeship Services Limited amounted to Rs. 1.50 Cr with Charge ID 10200713 was registered on 17 Feb 2010.
3 earlier events are in the company report.
Frequently asked questions
Netconnect is an active private limited company based in Bengaluru, Karnataka, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 27 February 1997 (29+ years old) and is registered under CIN U32202KA1997PTC021881.
Netconnect has 2 current directors:
- Anil Bisht - Director
- Sunil Bist - Director
The latest financial statements of Netconnect 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 Netconnect is 29AAACN7026L1Z6, registered in Karnataka.
The CIN (Corporate Identification Number) of Netconnect is U32202KA1997PTC021881. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Netconnect has 7 court cases on record: 1 filed by the company and 6 filed against it. Most are in the district courts.
Netconnect was incorporated on 27 February 1997, making it 29+ years old. It is registered with the Registrar of Companies, Bangalore.
Anil Bisht was appointed as Director on 27 Feb 1997. Sunil Bist was appointed as Director on 27 Feb 1997.
Yes, Netconnect is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0010164).
Netconnect has 6 MSME Form 1 returns on record between 2021 and 2022, listing 20 overdue payments to 8 micro and small suppliers. The latest return was filed on 13 Nov 2022.
Netconnect can be reached through the website netconnectglobal.com. Its registered office is in Bengaluru, Karnataka, India.
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