MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-TN-08-0022384
Net Connect Technology Private Limited
Net Connect Technology Private Limited - consumer electronics & durables in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹79.55 Lakh
▲ 2566132% YoY
Net loss · FY 2024
₹99.49 Lakh
Net margin -125.1%
EBITDA · FY 2024
-₹84.51 Lakh
EBITDA margin -106.2%
Authorised capital
₹70 Lakh
Registered with MCA
Paid-up capital
₹66.53 Lakh
Issued & subscribed
Open charges
₹5.53 Lakh
Satisfied ₹3.88 Cr
Company age
12 yrs
Est. 2014
Directors on board
2
As per MCA filings
About Net Connect Technology Private Limited
Data last updated:
Net Connect Technology Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 04 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U32204TN2014PTC095285. Its GSTIN is 32AAECN6775A1ZO (Kerala). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹66.53 Lakh. It is led by directors Molly Mohanan and Shinu Rajan.
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 No.13 Iiird Cross Street Wood Creek Country Nandambakkam, Chennai, Tamil Nadu, India – 600089.
As per the financials filed for FY 2024, the company reported a revenue of ₹79.55 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹99.49 Lakh (net margin -125.1%) and EBITDA of -₹84.51 Lakh (EBITDA margin -106.2%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 21% over five years.
As per MCA filings, the company has open charges of ₹5.53 Lakh and satisfied charges of ₹3.88 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Net Connect Technology Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-08-0022384). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U32204TN2014PTC095285
Registration Number 095285
Incorporation Date 04 March 2014
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 Micro
Udyam Registration UDYAM-TN-08-0022384
Key People
Molly Mohanan Director Shinu Rajan Director Recognitions & Rankings of Net Connect Technology
Contact details
Net Connect Technology Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressNo.13 Iiird Cross Street Wood Creek Country Nandambakkam, Chennai, Tamil Nadu, India – 600089
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Net Connect Technology Private Limited, buy the company report.
Comprehensive company report
Net Connect Technology 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
Business activity
The main business activity of Net Connect Technology is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Net Connect Technology Private Limited, buy the company report.
Financials of Net Connect Technology Private Limited
FY 2024 filings availableNet Connect Technology Private Limited reported revenue of ₹79.55 Lakh (up 2566132% YoY) for FY 2024.
Revenue · FY 2024
₹79.55 Lakh ▲ 2566132%
Net loss · FY 2024
₹99.49 Lakh margin -125.1%
EBITDA · FY 2024
-₹84.51 Lakh margin -106.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 15%
5 years · compounded
▼ 21%
EBITDA CAGR growth
3 years · compounded
▼ 85%
5 years · compounded
▼ 32%
Revenue has declined at a compounded annual rate (CAGR) of 21% over five years. 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 | -₹84.51 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹99.49 Lakh | ||||
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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 | -106.2% | ||||
| Net Profit Margin | -125.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Net Connect Technology Private Limited, buy the company report.
Board of directors of Net Connect Technology Private Limited
Net Connect Technology has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Molly Mohanan Also directs: Power Track Technology Private Limited | Director | 04 Mar 2014 | 12 Years 7 Months | Current |
| Shinu Rajan | Director | 14 Nov 2022 | 3 Years 11 Months | Current |
Auditor
Net Connect Technology Private Limited is audited by R K L & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R K L & ASSOCIATES | FY 2020 | 018655S |
Shareholding
The shareholding of Net Connect Technology Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Net Connect Technology Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5.53 Lakh
Satisfied charges
₹3.88 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 May 2018 | 100200157 | Others | ₹5.53 Lakh | Open | |
| 25 Feb 2022 | 100562322 | Indian Overseas Bank | ₹38.3 Lakh | Satisfied | |
| 25 Mar 2015 | 10562500 | Indian Overseas Bank | ₹3.5 Cr | Satisfied |
To see the full charge records of Net Connect Technology Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Net Connect Technology Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kancheepuram, Tamil Nadu | Criminal case | Filed against the company by M/S. Sicame India Connectors Pvt, Ltd., Rep. by, G. Subash | Pending |
To see the full case history of Net Connect Technology 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 Net Connect Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Net Connect Technology has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAECN6775A1ZO | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Net Connect Technology Private Limited, buy the company report.
Recent activity
Net Connect Technology Private Limited has 4 board changes on record since 2014: 2 appointments and 2 cessations. The latest: Mohanan Abraham ceased to be Managing Director on 21 Nov 2022.
AGM
Net Connect Technology Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 25 Feb 2022 via Charge ID 100562322 with Indian Overseas Bank was fully satisfied on 03 Sep 2024.
Charges
A charge registered on 25 Mar 2015 via Charge ID 10562500 with Indian Overseas Bank was fully satisfied on 03 Sep 2024.
Filing
Net Connect Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Ceased
Mohanan Abraham ceased to be Managing Director.
Appointed
Shinu Rajan was appointed as Director.
Charges
A charge with Indian Overseas Bank amounted to Rs. 38.30 Lakh with Charge ID 100562322 was registered on 25 Feb 2022.
Charges
A charge with Others amounted to Rs. 5.53 Lakh with Charge ID 100200157 was registered on 04 May 2018.
Ceased
Mohanasundaram Chandrasekar ceased to be Director.
Charges
A charge with Indian Overseas Bank amounted to Rs. 350.00 Lakh with Charge ID 10562500 was registered on 25 Mar 2015.
Appointed
Molly Mohanan was appointed as Director.
Incorporation
04 Mar 2014
Net Connect Technology Private Limited was registered on 04 Mar 2014 with Roc Chennai & aged 12 years 7 months as per MCA records.
Frequently asked questions
Net Connect Technology is an active private limited company based in Chennai, Tamil Nadu, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 04 March 2014 (12+ years old) and is registered under CIN U32204TN2014PTC095285.
Net Connect Technology has 2 current directors:
- Molly Mohanan - Director
- Shinu Rajan - Director
The latest financial statements of Net Connect Technology 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 Net Connect Technology is 32AAECN6775A1ZO, registered in Kerala. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Net Connect Technology is U32204TN2014PTC095285. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Net Connect Technology has 1 court case on record: 1 filed against it. 1 is pending.
Net Connect Technology was incorporated on 04 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Chennai.
Mohanan Abraham ceased to be Managing Director on 21 Nov 2022. Shinu Rajan was appointed as Director on 14 Nov 2022. Mohanasundaram Chandrasekar ceased to be Director on 01 Feb 2016. Net Connect Technology has 4 board changes on record in total.
Yes, Net Connect Technology is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-08-0022384).
The registered office of Net Connect Technology is at No.13 Iiird Cross Street Wood Creek Country Nandambakkam, Chennai, Tamil Nadu, India – 600089.