
Propconnect Avenue Private Limited
About Propconnect Avenue Private Limited
Data last updated:
Propconnect Avenue Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 24 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70109MH2019PTC332160.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.02 Lakh. It is led by directors including Arpit Parakh and Aniket Ashok Bharadia.
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 1106 Floor – 11 Marathon Icon Off Ganpat Rao Kadam Marg Lower Parel (W), Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2024, the company reported a revenue of ₹18.3 Lakh, a growth of 4% compared to the previous year. For the same year it recorded a net loss of ₹94.74 Lakh and EBITDA of ₹13.88 Lakh (EBITDA margin 75.8%).
Company details
Contact details
Propconnect Avenue Private Limited's registered office is in Mumbai, Maharashtra.
- Registered Address1106 Floor – 11 Marathon Icon Off Ganpat Rao Kadam Marg Lower Parel (W), Mumbai, Maharashtra, India – 400013
- IndustryReal Estate, Real Estate Leasing
- 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
Business activity
The main business activity of Propconnect Avenue is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Propconnect Avenue Private Limited, buy the company report.
Financials of Propconnect Avenue Private Limited
FY 2025 filings availablePropconnect Avenue Private Limited reported revenue of ₹18.3 Lakh (up 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 4% in the latest year. EBITDA rose 34% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹13.88 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹94.74 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 75.8% | ||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Propconnect Avenue Private Limited, buy the company report.
Board of directors of Propconnect Avenue Private Limited
Propconnect Avenue has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arpit Parakh Also directs: Wallfort Green Energy LLP, Jainam Ferro Alloys (I) Limited, JW Buildmart Private Limited and 5 more | Director | 24 Oct 2019 | 7 Years 0 Months | Current |
| Aniket Ashok Bharadia Also directs: Propspace Square Private Limited, Fintonic Management Consultants Private Limited, Wallfort Capital Advisory LLP and 5 more | Director | 20 Oct 2020 | 6 Years 0 Months | Current |
| Ronak Jain Also directs: Propspace Square Private Limited, Propcapital Commercial Space LLP, Shrivan Estates LLP and 5 more | Director | 11 Oct 2021 | 5 Years 0 Months | Current |
Peer comparison
Propconnect Avenue Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (activities auxiliary to financial service and insurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sindhusri Nidhi Limited | ₹18.32 Lakh (FY 2025) | -56.0% | Sindhanur, Karnataka, India | |||
| Ramson Investments and Real Estate Private Limited | ₹18.32 Lakh (FY 2025) | 62.0% | Nashik, Maharashtra, India | |||
| Singhi Wealth Advisors Private Limited | ₹18.32 Lakh (FY 2025) | 266.0% | Mumbai, Maharashtra, India | |||
| VGSG Art Private Limited | ₹18.32 Lakh (FY 2025) | 14.0% | Kolkata, West Bengal, India | |||
| Suvarnkamal Multiple Nidhi Limited | ₹18.31 Lakh (FY 2025) | -51.0% | Pathardi, Maharashtra, India | |||
| Propconnect Avenue Private Limitedthis company | ₹18.3 Lakh (FY 2024) | -₹94.74 Lakh | 4.0% | Mumbai, Maharashtra, India | ||
| A1 Debt Management Private Limited | ₹18.29 Lakh (FY 2025) | -12.0% | Bhubaneswar, Odisha, India | |||
| Aarav Advisory Services Private Limited | ₹18.28 Lakh (FY 2025) | 14.0% | Mumbai, Maharashtra, India | |||
| Finware Research Private Limited | ₹18.27 Lakh (FY 2025) | 1.0% | New Delhi, Delhi, India | |||
| Finaccit Consultants Private Limited | ₹18.23 Lakh (FY 2025) | -7.0% | Aurangabad, Maharashtra, India | |||
| Ashish Finco Pvt Ltd | ₹18.23 Lakh (FY 2025) | 83.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Propconnect Avenue Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Propconnect Avenue 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 Propconnect Avenue Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Propconnect Avenue Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Propconnect Avenue Private Limited has 6 board changes on record since 2019: 3 appointments and 3 cessations. The latest: Ronak Jain ceased to be Additional Director on 30 Nov 2021.
Frequently asked questions
Propconnect Avenue is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 24 October 2019 (7+ years old) and is registered under CIN U70109MH2019PTC332160.
Propconnect Avenue has 3 current directors:
- Arpit Parakh - Director
- Aniket Ashok Bharadia - Director
- Ronak Jain - Director
The latest financial statements of Propconnect Avenue 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 FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Propconnect Avenue is U70109MH2019PTC332160. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Propconnect Avenue was incorporated on 24 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Propconnect Avenue by revenue are Sindhusri Nidhi Limited, Ramson Investments and Real Estate Private Limited, Singhi Wealth Advisors Private Limited, VGSG Art Private Limited, Suvarnkamal Multiple Nidhi Limited and 5 more, all in the same principal business activity (activities auxiliary to financial service and insurance activities).
Ronak Jain ceased to be Additional Director on 30 Nov 2021. Rishabh Pradeep Golchha ceased to be Director on 11 Oct 2021. Ronak Jain was appointed as Director on 11 Oct 2021. Propconnect Avenue has 6 board changes on record in total.
The registered office of Propconnect Avenue is at 1106 Floor – 11 Marathon Icon Off Ganpat Rao Kadam Marg Lower Parel W, Mumbai, Maharashtra, India – 400013.
Propconnect Avenue operates in the real estate industry, in the real estate leasing segment.
Propconnect Avenue can be reached at its registered office: 1106 Floor – 11 Marathon Icon Off Ganpat Rao Kadam Marg Lower Parel W, Mumbai, Maharashtra, India – 400013.
Propconnect Avenue is registered under the jurisdiction of the Registrar of Companies (ROC), Mumbai.