Converge Biotech Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 5.00 M
- Company Age 10 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 8.58 Cr
- Satisfied Charges ₹ 2.55 Cr
- Revenue Growth -6.41%
- Profit Growth 489.09%
- Ebitda 276.54%
- Net Worth 85.43%
- Total Assets 6.62%
About Converge Biotech
Converge Biotech Private Limited (CBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 August 2014 and has a history of Ten years and eight months. Its registered office is in Rangareddy, Telangana, India.
The Company is engaged in the Pharma Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 5.00 M.
The company currently has active open charges totaling ₹8.58 Cr. The company has closed loans amounting to ₹2.55 Cr, as per Ministry of Corporate Affairs (MCA) records.
Chandra Bukka, Bukka Srinivasu, Bijjala Kavitha, and One other member serve as directors at the Company.
Company Details
- Location
Rangareddy, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U24233TG2014PTC095410
- Company No.
095410
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 Aug 2014
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Pharma
What products or services does Converge Biotech Private Limited offer?
Converge Biotech Private Limited offers a wide range of products and services, including Nutritional Supplements, Multivitamin Supplements, Antidepressant & Anti Anxiety Medicines, Pregabalin Capsules, Antibacterial Drugs, Cefoperazone Sulbactam Injection, Vitamin Tablets & Capsules, Vitamin D3 Tablets & Capsules, Anticoagulant and Antiplatelet Drugs, Enoxaparin Injection.
Converge Biotech Private Limited
Explore comprehensive data for Converge Biotech Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Converge Biotech?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bijjala Kumar  | Managing Director | 26-Aug-2014 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Chandra Bukka | Director | 26-Aug-2014 | Current |
| Bukka Srinivasu | Director | 26-Aug-2014 | Current |
| Bijjala Kavitha | Director | 26-Aug-2014 | Current |
Financial Performance of Converge Biotech.
Converge Biotech Private Limited, for the financial year ended 2024, experienced Minor drop in revenue, with a 6.41% decrease. The company also saw a substantial improvement in profitability, with a 489.09% increase in profit. The company's net worth Soared by an impressive increase of 85.43%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Converge Biotech?
In 2024, Converge Biotech had a promoter holding of 74.91% and a public holding of 25.09%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Santhoshimathaa Edible Oils Refinery Private LimitedChandra Bukka and Bukka Srinivasu are mutual person
- Santhoshimathaa Oils And Fats Private Limited
Chandra Bukka and Bukka Srinivasu are mutual person
Santhoshimatha Bio Fuels Private LimitedChandra Bukka and Bukka Srinivasu are mutual person
- Santhoshimatha Agro Refinery India Private Limited
Chandra Bukka and Bukka Srinivasu are mutual person
- Converge Specialty Private Limited
Bijjala Kumar is a mutual person
Charges (Loans)
Open Charges
₹85.81 M
Satisfied Charges
₹25.50 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 8.58 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Feb 2024 | Hdfc Bank Limited | ₹2.41 M | Open |
| 27 Oct 2021 | Hdfc Bank Limited | ₹8.34 Cr | Open |
| 06 Jul 2020 | Karnataka Bank Ltd. | ₹3.50 M | Satisfied |
| 27 Apr 2020 | Karnataka Bank Ltd. | ₹2.00 M | Satisfied |
| 29 Dec 2016 | Karnataka Bank Ltd. | ₹2.00 Cr | Satisfied |
How Many Employees Work at Converge Biotech?
Converge Biotech has a workforce of 183 employees as of Mar 29, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Converge Biotech, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Converge Biotech's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Converge Biotech
Recent activity within the organization
- Annual General Meeting
Converge Biotech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Hdfc Bank Limited of Rs. 83.40 M registered on 27 Oct 2021 with Charge ID 100499017 was modified on 17 May 2024.
- Balance Sheet
Converge Biotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.41 M with Charge ID 100925785 was registered on 29 Feb 2024.
- Charges
A charge registered on 06 Jul 2020 via Charge ID 100350280 with Karnataka Bank Ltd. was fully satisfied on 15 Nov 2021.
- Charges
A charge registered on 27 Apr 2020 via Charge ID 100335076 with Karnataka Bank Ltd. was fully satisfied on 15 Nov 2021.
Frequently asked questions
What is the Incorporation or founding date of Converge Biotech Private Limited?
Converge Biotech Private Limited was incorporated on 26 Aug 2014.
What is authorized share capital and paid-up capital of Converge Biotech Private Limited?
The authorized share capital of Converge Biotech Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.
Who are the current board members & directors of Converge Biotech Private Limited?
Currently 4 directors are associated with Converge Biotech Private Limited.
- Chandra Shekar Bukka
- Bukka Srinivasu
- Bijjala Kavitha
- Bijjala Arun Kumar
What is the registered address of Converge Biotech Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Converge Biotech Private Limited is 7-2-1813/5/A/1 Classic Arcade S3 Iind Floor Czech Colony, Santhnagar India, Hyderabad, Telangana, 500018.
What is the corporate identification number (CIN) and company number of Converge Biotech Private Limited?
The corporate identification number (CIN) of Converge Biotech Private Limited is U24233TG2014PTC095410 and the company number is 095410 as per Ministry of Corporate Affairs (MCA).
What is the official website of Converge Biotech Private Limited?
The Official website of Converge Biotech Private Limited is https://www.convergebio.in
What has been the recent revenue trend for Converge Biotech Private Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Converge Biotech Private Limited has fallen by -6.41%.
How many employees does Converge Biotech Private Limited currently have?
As Per 2024 financial reports, 183 employees are currently employed by Converge Biotech Private Limited.
What change has been observed in the net worth of Converge Biotech Private Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Converge Biotech Private Limited has experienced an upsurge of 85.43%.
What are the total open charges for Converge Biotech Private Limited?
As per the financial statements for fiscal Year 2024, The total open charges for Converge Biotech Private Limited amount to ₹ 8.58 Cr.
When was the last Balance Sheet of Converge Biotech Private Limited filed with the ROC?
The most recent Balance Sheet for Converge Biotech Private Limited was filed with the ROC on 31 Mar 2024.
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