Converge Electronics Trading (India) Private Limited

Founded in 2010 and headquartered in Karnataka, India.

2010 | Bangaluru, Karnataka (India) | Active
Last Updated:

Converge Electronics Trading (India) Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.99 M
  • Company Age 14 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -14.81%
  • Profit Growth -35.46%
  • Ebitda -12.98%
  • Net Worth 22.23%
  • Total Assets 15.37%

About Converge Electronics Trading (India)

Converge Electronics Trading (India) Private Limited (CETIPL) is a leading Private Limited Foreign Company Incorporated In India incorporated in India on 23 March 2010 and has a history of 14 years and 11 months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Consumer Electronics & Durables 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 1.00 M and a paid-up capital of Rs 0.99 M, as per Ministry of Corporate Affairs (MCA) records.

Gopalakrishna Bhat, Eric Checkoway, and Kim Carr serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51900KA2010FTC052955

  • Company No.

    052955

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    23 Mar 2010

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Converge Electronics Trading (India)?

Board Members (3)

NameDesignationAppointment DateStatus
Gopalakrishna Bhat Country flag representing In Director 23-Mar-2010Current
Eric Checkoway Country flag representing Us Director 28-Sep-2012Current
Kim Carr Country flag representing Us Director 08-Jun-2021Current

Financial Performance of Converge Electronics Trading (India).

Converge Electronics Trading (India) Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 14.81% decrease. The company also saw a substantial fall in profitability, with a 35.46% decrease in profit. The company's net worth Soared by an impressive increase of 22.23%.

Converge Electronics Trading (India) revenue growth over time
Converge Electronics Trading (India) profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-14.81%
Revenue from Operations
-14.95%
Total Assets
15.37%
Profit or Loss
-35.46%
Net Worth
22.23%
EBITDA
-12.98%

What is the Ownership and Shareholding Structure of Converge Electronics Trading (India)?

In 2020, Converge Electronics Trading (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Converge Electronics Trading (India)?

Converge Electronics Trading (India) has a workforce of 74 employees as of Apr 02, 2024. 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.

Employee growth trends for Converge Electronics Trading (India) Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Converge Electronics Trading (India), 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 Electronics Trading (India)'s trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Electronics Trading (India)

Recent activity within the organization

  • Annual General Meeting

    Converge Electronics Trading (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Converge Electronics Trading (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Director Appointment

    Kim Marie Carr was appointed as a Director was appointed as a Director on 08 Jun 2021 & has been associated with this company since 3 years 9 months .

  • Director Appointment

    Eric Andrew Checkoway was appointed as a Director was appointed as a Director on 28 Sep 2012 & has been associated with this company since 12 years 5 months .

  • Director Appointment

    Gopalakrishna Subray Bhat was appointed as a Director was appointed as a Director on 23 Mar 2010 & has been associated with this company since 14 years 11 months .

  • Company Incorporation

    Converge Electronics Trading (India) Private Limited was registered on 23 Mar 2010 with Roc Bangalore & aged 14 years 11 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Converge Electronics Trading (India) Private Limited?

    Converge Electronics Trading (India) Private Limited was incorporated on 23 Mar 2010.

  • What is authorized share capital and paid-up capital of Converge Electronics Trading (India) Private Limited?

    The authorized share capital of Converge Electronics Trading (India) Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.99 M.

  • Who are the current board members & directors of Converge Electronics Trading (India) Private Limited?

    Currently 3 directors are associated with Converge Electronics Trading (India) Private Limited.

    • Gopalakrishna Subray Bhat
    • Eric Andrew Checkoway
    • Kim Marie Carr
  • What is the registered address of Converge Electronics Trading (India) Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Converge Electronics Trading (India) Private Limited is 3Rd Floor B Wing Trifecta Adatto Whitefield Main Road, Garudacharpalya India, Bangalore North, Karnataka, 560048.

  • What is the corporate identification number (CIN) and company number of Converge Electronics Trading (India) Private Limited?

    The corporate identification number (CIN) of Converge Electronics Trading (India) Private Limited is U51900KA2010FTC052955 and the company number is 052955 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Converge Electronics Trading (India) Private Limited?

    The Official website of Converge Electronics Trading (India) Private Limited is https://www.converge.com

  • What has been the recent revenue trend for Converge Electronics Trading (India) Private Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Converge Electronics Trading (India) Private Limited has fallen by -14.81%.

  • How many employees does Converge Electronics Trading (India) Private Limited currently have?

    As Per 2020 financial reports, 74 employees are currently employed by Converge Electronics Trading (India) Private Limited.

  • What change has been observed in the net worth of Converge Electronics Trading (India) Private Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Converge Electronics Trading (India) Private Limited has experienced an upsurge of 22.23%.

  • When was the last Balance Sheet of Converge Electronics Trading (India) Private Limited filed with the ROC?

    The most recent Balance Sheet for Converge Electronics Trading (India) Private Limited was filed with the ROC on 31 Mar 2024.

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