DPIIT recognised startup Government of India
Startup India
Tiea Connectors Private Limited - machinery and equipment in Kanakapura, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹14.52 Cr
▲ 144% YoY
Net profit · FY 2025
₹2.09 Lakh
Net margin 0.1%
EBITDA · FY 2025
₹2.25 Cr
EBITDA margin 15.5%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹15.07 Lakh
Issued & subscribed
Open charges
₹20.54 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
37
Provident fund records
About Tiea Connectors Private Limited
Data last updated:
Tiea Connectors Private Limited is a private limited company based in Kanakapura, Karnataka, India, recognised as a startup by DPIIT. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 07 February 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31909KA2020PTC132426. Its GSTIN is 29AAHCT7585K1ZF (Karnataka).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹15.07 Lakh. It is led by directors Ajith Punnanikkattu Sasidharan (Whole-Time Director) and Punit Shridhar Joshi (Whole-Time Director).
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No.Spl – 4 Industrial Estate 1st Phase, Kanakapura, Karnataka, India – 562117.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.52 Cr, a growth of 144% compared to the previous year. For the same year it recorded a net profit of ₹2.09 Lakh (net margin 0.1%) and EBITDA of ₹2.25 Cr (EBITDA margin 15.5%). Revenue has grown at a compounded annual rate (CAGR) of 90% over three years.
The company has about 37 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: TIEA. As per MCA filings, the company has open charges of ₹20.54 Cr on record. The company has 6 deals on record (5 funding rounds, 1 rights issue), with disclosed funding of ₹108.58 Cr; the latest was in May 2026. The company has 2 MSME Form 1 returns on record for the period ending Sep 2022, listing 7 overdue payments to 2 micro and small suppliers.
Tiea Connectors Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-13-0000164). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tieaconnectors.com.
Company details
CIN U31909KA2020PTC132426
Registration Number 132426
Incorporation Date 07 February 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-KR-13-0000164
Key People
Ajith Punnanikkattu Sasidharan Whole-Time Director Punit Shridhar Joshi Whole-Time Director Recognitions & Rankings of Tiea Connectors
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-13-0000164
Contact details
Tiea Connectors Private Limited's registered office is in Kanakapura, Karnataka. Its website is tieaconnectors.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No.Spl – 4 Industrial Estate 1st Phase, Kanakapura, Karnataka, India – 562117
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Tiea Connectors Private Limited, buy the company report.
Comprehensive company report
Tiea Connectors 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
Tiea Connectors operates one associated brand: TIEA. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Automotive electrical and electronic systems, including specialized connectors, are manufactured. | tieaconnectors.com |
Business activity
The main business activity of Tiea Connectors is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Tiea Connectors Private Limited, buy the company report.
Financials of Tiea Connectors Private Limited
FY 2025 filings availableTiea Connectors Private Limited reported revenue of ₹14.52 Cr (up 144% YoY) for FY 2025.
Revenue · FY 2025
₹14.52 Cr ▲ 144%
Net profit · FY 2025
₹2.09 Lakh margin 0.1%
EBITDA · FY 2025
₹2.25 Cr margin 15.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 144%
3 years · compounded
▲ 90%
EBITDA CAGR growth
1 year
▲ 177%
3 years · compounded
▲ 110%
Revenue has grown at a compounded annual rate (CAGR) of 90% over three years, including 144% growth in the latest year. EBITDA rose 177% 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 |
|---|---|---|---|---|---|
| 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 | ₹2.25 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.09 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.5% | ||||
| Net Profit Margin | 0.1% | ||||
| 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 Tiea Connectors Private Limited, buy the company report.
Board of directors of Tiea Connectors Private Limited
Tiea Connectors has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajith Punnanikkattu Sasidharan | Whole-Time Director | 07 Feb 2020 | 6 Years 8 Months | Current |
| Punit Shridhar Joshi | Whole-Time Director | 07 Feb 2020 | 6 Years 8 Months | Current |
Auditor
Tiea Connectors Private Limited is audited by Rajesh K P & Co for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Rajesh K P & Co | FY 2024 | 205800 |
Shareholding
The shareholding of Tiea Connectors Private Limited is on record for 4 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Tiea Connectors Private Limited, buy the company report.
Charges & borrowings
Open charges
₹20.54 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Mar 2024 | 100885670 | Others | ₹6 Cr | Open | |
| 10 Aug 2023 | 100765749 | Others | ₹4.48 Cr | Open | |
| 07 Aug 2023 | 100757370 | Indian Bank | ₹1.24 Cr | Open | |
| 18 Jan 2023 | 100668230 | Sidbi | ₹1 Cr | Open | |
| 03 Jul 2021 | 100454991 | Indian Bank | ₹7 Cr | Open |
To see the full charge records of Tiea Connectors Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Tiea Connectors Private Limited has 6 deals on record (5 funding rounds, 1 rights issue), with disclosed funding of ₹108.58 Cr; the latest was in May 2026.
Total deals
6
Funding rounds
5
Rights issue
1
Disclosed funding
₹108.58 Cr
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2026 | Funding round · Series A | ₹77 Cr | Investors: Jamwant Ventures Angel Fund, 8X Ventures, IvyCap Ventures |
| May 2025 | Funding round · Pre-Series A | ₹22 Cr | Investors: Jamwant Ventures Angel Fund, 8X Ventures, IvyCap Ventures |
| Aug 2023 | Funding round | ₹3.94 Cr | Investors: Technology Development Board |
| Oct 2022 | Funding round | ₹2.98 Cr | Investors: Karmen Finvest and Holdings Private Limited , 3 individuals |
| Nov 2020 | Rights issue | ₹9 Lakh | Investors: Indian Scientific Innovation Company Limited. , 2 individuals |
To see the full deal history of Tiea Connectors 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
No court or tribunal cases involving Tiea Connectors 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
Tiea Connectors Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2022, listing 7 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Mittal Engineering Industries | |||
| an individual supplier |
To see the full MSME payment records of Tiea Connectors Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Tiea Connectors Private Limited has a workforce of 37 employees on its EPFO records as of Mar 26, 2024, across 1 active EPFO establishment.
Employee count
37
Active EPFO establishments
1
Employee growth
85%
GST
Tiea Connectors has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCT7585K1ZF | Karnataka | Active | 13 Apr 2020 |
To see the full GST registrations and return filing status of Tiea Connectors Private Limited, buy the company report.
Recent activity
Tiea Connectors Private Limited has 5 board changes on record since 2020: 2 appointments and 3 cessations. The latest: Basavaraj A Basaligundi Gadigeppa ceased to be Director on 10 Apr 2023.
AGM
Tiea Connectors Private Limited last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records.
Charges
A charge with Indian Bank of Rs. 700.00 Lakh registered on 03 Jul 2021 with Charge ID 100454991 was modified on 28 Jul 2025.
Filing
Tiea Connectors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 600.00 Lakh with Charge ID 100885670 was registered on 15 Mar 2024.
Charges
A charge with Others amounted to Rs. 447.78 Lakh with Charge ID 100765749 was registered on 10 Aug 2023.
Charges
A charge with Indian Bank amounted to Rs. 124.00 Lakh with Charge ID 100757370 was registered on 07 Aug 2023.
Ceased
Basavaraj A Basaligundi Gadigeppa ceased to be Director.
Charges
A charge with Sidbi amounted to Rs. 100.00 Lakh with Charge ID 100668230 was registered on 18 Jan 2023.
Ceased
Ajith Punnanikkattu Sasidharan ceased to be Director.
Ceased
Punit Shridhar Joshi ceased to be Director.
Charges
A charge with Indian Bank amounted to Rs. 700.00 Lakh with Charge ID 100454991 was registered on 03 Jul 2021.
Charges
A charge with Indian Bank amounted to Rs. 82.00 Lakh with Charge ID 100454993 was registered on 19 Jun 2021.
3 earlier events are in the company report.
News
Frequently asked questions
Tiea Connectors is an active private limited company based in Kanakapura, Karnataka, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 07 February 2020 (6+ years old) and is registered under CIN U31909KA2020PTC132426.
Tiea Connectors has 2 current directors:
- Ajith Punnanikkattu Sasidharan - Whole-Time Director
- Punit Shridhar Joshi - Whole-Time Director
The latest financial statements of Tiea Connectors on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Tiea Connectors is 29AAHCT7585K1ZF, registered in Karnataka.
The CIN (Corporate Identification Number) of Tiea Connectors is U31909KA2020PTC132426. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tiea Connectors was incorporated on 07 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Tiea Connectors has 6 deals on record (5 funding rounds, 1 rights issue), with disclosed funding of ₹108.58 Cr; the latest was in May 2026.
Basavaraj A Basaligundi Gadigeppa ceased to be Director on 10 Apr 2023. Ajith Punnanikkattu Sasidharan ceased to be Director on 08 Aug 2022. Punit Shridhar Joshi ceased to be Director on 08 Aug 2022. Tiea Connectors has 5 board changes on record in total.
Yes, Tiea Connectors is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Tiea Connectors is registered as a small enterprise under Udyam registration (number: UDYAM-KR-13-0000164).
Tiea Connectors has 2 MSME Form 1 returns on record for the period ending Sep 2022, listing 7 overdue payments to 2 micro and small suppliers. The latest return was filed on 13 Nov 2022.