About Ypo Mumbai Connect Foundation
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Ypo Mumbai Connect Foundation is a public not for profit company based in Mumbai, Maharashtra, India. It operates in the membership organizations segment of the non-profit sector. It was incorporated on 21 September 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2015NPL268559. Its GSTIN is 27AAGCB4540H1ZS (Maharashtra).
It was formerly known as Bombay North Star Foundation. It is led by directors including Varun Sameer Sheth and Vikas Badriprasad Choudhury.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 401 A 4th Floor Makhija Royale, S.V. Road Khar West Mumbai – 400052, Maharashtra, India – 400052.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.88 Cr, a growth of 127% compared to the previous year. For the same year it recorded a net loss of ₹2.43 Cr (net margin -22.3%) and EBITDA of -₹2.2 Cr (EBITDA margin -20.2%). Revenue has grown at a compounded annual rate (CAGR) of 80% over three years and 26% over five years.
The company is associated with 1 brand: Ypo Mumbai Connect Foundation.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mumbaiconnect.org.
Company details
Contact details
Ypo Mumbai Connect Foundation's registered office is in Mumbai, Maharashtra. Its website is mumbaiconnect.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address401 A 4th Floor Makhija Royale, S.V. Road Khar West Mumbai – 400052, Maharashtra, India – 400052
- IndustryNon-Profit Organizations, Membership Organizations
To see the full contact details of Ypo Mumbai Connect Foundation, buy the company report.
- 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
Brands
Ypo Mumbai Connect Foundation operates one associated brand: Ypo Mumbai Connect Foundation. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides a suite of accounting services for businesses. | mumbaiconnect.org |
Business activity
The main business activity of Ypo Mumbai Connect Foundation is other service activities. In detail, this covers activities of membership organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| S | Other service activities | 94 | Activities of membership organizations |
To see the full business activity and turnover split of Ypo Mumbai Connect Foundation, buy the company report.
Financials of Ypo Mumbai Connect Foundation
FY 2024 filings availableYpo Mumbai Connect Foundation reported revenue of ₹10.88 Cr (up 127% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 127% growth in the latest year. EBITDA rose 13% 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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| EBITDA | -₹2.2 Cr | ||||
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| Net Profit (PAT) | -₹2.43 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -20.2% | ||||
| Net Profit Margin | -22.3% | ||||
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To see the full financial statements and ratios of Ypo Mumbai Connect Foundation, buy the company report.
Board of directors of Ypo Mumbai Connect Foundation
Ypo Mumbai Connect Foundation has 5 current directors and 29 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varun Sameer Sheth | Director | 01 Jul 2023 | 3 Years 3 Months | Current |
| Vikas Badriprasad Choudhury | Director | 01 Jul 2023 | 3 Years 3 Months | Current |
| Arnav Akshay Mehta Also directs: Vedarya Township LLP, Nirali Creations LLP, Future Diamond Tech Private Limited and 5 more | Director | 01 Jul 2024 | 2 Years 3 Months | Current |
| Radhika Gupta Also directs: RPG Life Sciences Limited, Association of Mutual Funds in India, Edelweiss Asset Management Limited and 1 more | Director | 09 Aug 2021 | 5 Years 2 Months | Current |
| Narendra Maganlal Mehta Also directs: MTC Strategic Alloys Manufacturing Private Limited, Sona Alloys Private Limited, M S Metals and Steels Private Limited and 5 more | Director | 01 Jul 2024 | 2 Years 3 Months | Current |
Peer comparison
Ypo Mumbai Connect Foundation is compared with the 10 companies closest to it by revenue in the same principal business activity (activities of membership organizations), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Confiber Private Limited | ₹11.24 Cr (FY 2025) | 24116.0% | Jaipur, Rajasthan, India | |||
| Oceira Offshore Private Limited | ₹11.18 Cr (FY 2024) | 86.0% | Mumbai, Maharashtra, India | |||
| PNR Interior Solutions Private Limited | ₹11.04 Cr (FY 2024) | 54.0% | Bangalore, Karnataka, India | |||
| Narayani Dealers Private Limited | ₹10.92 Cr (FY 2025) | 10.0% | New Delhi, Delhi, India | |||
| Shiv Gauri Infra Projects Private Limited | ₹10.88 Cr (FY 2025) | 100.0% | New Delhi, Delhi, India | |||
| Ypo Mumbai Connect Foundationthis company | ₹10.88 Cr (FY 2025) | -₹2.43 Cr | -22.3% | 127.0% | Mumbai, Maharashtra, India | |
| Advertising Agencies Association of India | ₹10.69 Cr (FY 2025) | -11.0% | Mumbai, Maharashtra, India | |||
| Sonu Cargo Movers (India) Private Limited | ₹10.68 Cr (FY 2024) | -21.0% | Thane, Maharashtra, India | |||
| Mayurpack India Private Limited | ₹10.63 Cr (FY 2025) | 104.0% | Pune, Maharashtra, India | |||
| Spinneret Impex Private Limited | ₹10.58 Cr (FY 2024) | 58.0% | Mumbai, Maharashtra, India | |||
| Tamilnadu Chamber of Commerce and Industry | ₹10.39 Cr (FY 2025) | 101.0% | Madurai, Tamil Nadu, India |
To see the full peer comparison of Ypo Mumbai Connect Foundation, buy the company report.
Auditor
Ypo Mumbai Connect Foundation is audited by Chaitanya C Dalal & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Chaitanya C Dalal & Co. | FY 2023 | 101632W |
Shareholding
The shareholding of Ypo Mumbai Connect Foundation is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions and public shareholders.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public |
To see the full shareholding pattern of Ypo Mumbai Connect Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Ypo Mumbai Connect Foundation 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
Ypo Mumbai Connect Foundation has 5 MSME Form 1 returns on record between 2023 and 2024, listing 10 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Grant Thornton Advisory Private Limited | |||
| Adarsh Rent-A-Car Private Limited | |||
| Tamarind Global Services Private Limited | |||
| Wondrlab India Private Limited |
To see the full MSME payment records of Ypo Mumbai Connect Foundation, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Ypo Mumbai Connect Foundation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCB4540H1ZS | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ypo Mumbai Connect Foundation, buy the company report.
Recent activity
Ypo Mumbai Connect Foundation has 34 board changes on record since 2015: 5 appointments and 29 cessations. The latest: Arnav Akshay Mehta ceased to be Additional Director on 26 Sep 2024.
25 earlier events are in the company report.
Frequently asked questions
Ypo Mumbai Connect Foundation is an active public not for profit company based in Mumbai, Maharashtra, India. The company works in membership organizations, within the non-profit organizations industry. It was incorporated on 21 September 2015 (11+ years old) and is registered under CIN U74120MH2015NPL268559.
Ypo Mumbai Connect Foundation has 5 current directors:
- Varun Sameer Sheth - Director
- Vikas Badriprasad Choudhury - Director
- Arnav Akshay Mehta - Director
- Radhika Gupta - Director
- Narendra Maganlal Mehta - Director
The latest financial statements of Ypo Mumbai Connect Foundation on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Ypo Mumbai Connect Foundation is 27AAGCB4540H1ZS, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ypo Mumbai Connect Foundation is U74120MH2015NPL268559. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ypo Mumbai Connect Foundation was incorporated on 21 September 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ypo Mumbai Connect Foundation by revenue are Confiber Private Limited, Oceira Offshore Private Limited, PNR Interior Solutions Private Limited, Narayani Dealers Private Limited, Shiv Gauri Infra Projects Private Limited and 5 more, all in the same principal business activity (activities of membership organizations).
Arnav Akshay Mehta ceased to be Additional Director on 26 Sep 2024. Narendra Maganlal Mehta ceased to be Additional Director on 26 Sep 2024. Umme Aiman Juzer Khorakiwala ceased to be Additional Director on 26 Sep 2024. Ypo Mumbai Connect Foundation has 34 board changes on record in total.
Ypo Mumbai Connect Foundation has 5 MSME Form 1 returns on record between 2023 and 2024, listing 10 overdue payments to 4 micro and small suppliers. The latest return was filed on 24 Apr 2024.
Ypo Mumbai Connect Foundation can be reached through the website mumbaiconnect.org. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Ypo Mumbai Connect Foundation is at 401 A 4th Floor Makhija Royale, S.V. Road Khar West Mumbai – 400052, Maharashtra, India – 400052.
Ypo Mumbai Connect Foundation operates in the non-profit organizations industry, in the membership organizations segment.
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