Convergence Chemicals Profile
Key Indicators
- Authorised Capital ₹ 85.00 Cr
as on 16-01-2025
- Paid Up Capital ₹ 70.01 Cr
as on 16-01-2025
- Company Age 10 Year, 2 Months
- Last Filing with ROC 31 Mar 2021
- Open Charges ₹ 240.00 Cr
as on 16-01-2025
- Revenue 10.13%
(FY 2021)
- Profit 41.50%
(FY 2021)
- Ebitda 12.57%
(FY 2021)
- Net Worth 25.80%
(FY 2021)
- Total Assets -0.53%
(FY 2021)
About Convergence Chemicals
- CIN/LLPIN
U24100MH2014PTC373507
- Company No.
081290
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Nov 2014
- Date of AGM
17 Sep 2021
- Date of Balance Sheet
31 Mar 2021
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Convergence Chemicals?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Divya Taldar | CFO | 03-May-2021 | Current |
| Akshita Jain | Company Secretary | 03-Sep-2021 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vivek Valsaraj  | Director | 19-Nov-2014 | Current |
| Surinder Gulati | Director | 27-Apr-2015 | Current |
Financial Performance of Convergence Chemicals.
Convergence Chemicals Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 10.13% increase. The company also saw a substantial improvement in profitability, with a 41.5% increase in profit. The company's net worth Soared by an impressive increase of 25.8%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Convergence Chemicals?
In 2021, Convergence Chemicals had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Piramal Pharma Ii Private LimitedActive 2 years 7 months
Surinder Gulati and Akshita Jain are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 15 Sep 2021 | ₹30.00 Cr | Open |
Axis Bank Limited Creation Date: 15 Sep 2021 | ₹95.00 Cr | Open |
Axis Bank Limited Creation Date: 07 Nov 2019 | ₹115.00 Cr | Open |
How Many Employees Work at Convergence Chemicals?
Convergence Chemicals has a workforce of 110 employees as of Mar 28, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Convergence Chemicals, 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 Convergence Chemicals'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.
