Convergence Innovation Labs India Private Limited

Provides lab services for innovation and convergence in India.

2014 | Hyderabad, Telangana (India) | Active
Last Updated: December 24, 2024

Convergence Innovation Labs India Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 10 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 19.16 Cr
  • Revenue Growth 636.04%
  • Profit Growth 1086.95%
  • Ebitda 140.85%
  • Net Worth 25.59%
  • Total Assets 10.85%

About Convergence Innovation Labs India

Convergence Innovation Labs India Private Limited (CILIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 July 2014 and has a history of Ten years and seven months. Its registered office is in Hyderabad, Telangana, India.

The Corporate was formerly known as Convergence Inno Labs Private Limited. The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹19.16 Cr.

Paul Boosi and Srivalli Godi serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U80900TG2014PTC094762

  • Company No.

    094762

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Jul 2014

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Information Technology

What products or services does Convergence Innovation Labs India Private Limited offer?

Convergence Innovation Labs India Private Limited offers a wide range of products and services, including Tele Conferencing & VoIP Services, Communication Service, Computer and Networking Solutions, Networking Solutions, Computer, IT & Software Training, Computer Language Training Services, Software Development & IT Consultant, Software Testing Services, Intelligence and Spying Devices, Satellite System.

Who are the key members and board of directors at Convergence Innovation Labs India?

Board Members (2)

NameDesignationAppointment DateStatus
Paul Boosi Country flag representing In Director 07-Jul-2014Current
Srivalli Godi Country flag representing In Additional Director 20-Nov-2020Current

Financial Performance of Convergence Innovation Labs India.

Convergence Innovation Labs India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 636.04% increase. The company also saw a substantial improvement in profitability, with a 1086.95% increase in profit. The company's net worth Soared by an impressive increase of 25.59%.

Graph illustrating revenue growth over time
Graph showing 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
636.04%
Revenue from Operations
1261.18%
Total Assets
10.85%
Profit or Loss
1086.95%
Net Worth
25.59%
EBITDA
140.85%

What is the Ownership and Shareholding Structure of Convergence Innovation Labs India?

In 2023, Convergence Innovation Labs India had a public holding of 75.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹191.60 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 18.60 Cr
  • Others : 0.56 Cr

Latest Charge Details

DateLenderAmountStatus
22 Feb 2024Hdfc Bank Limited₹7.10 CrOpen
16 Aug 2021Others₹5.60 MOpen
21 Dec 2020Hdfc Bank Limited₹11.50 CrOpen

How Many Employees Work at Convergence Innovation Labs India?

Unlock and access historical data on people associated with Convergence Innovation Labs India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Convergence Innovation Labs 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 Convergence Innovation Labs 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 Convergence Innovation Labs India

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 71.00 M registered on 22 Feb 2024 with Charge ID 100893342 was modified on 15 Mar 2024.

    15 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 71.00 M with Charge ID 100893342 was registered on 22 Feb 2024.

    22 Feb 2024

  • Annual General Meeting

    Convergence Innovation Labs India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Convergence Innovation Labs India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 5.60 M with Charge ID 100483691 was registered on 16 Aug 2021.

    16 Aug 2021

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 115.00 M with Charge ID 100448584 was registered on 21 Dec 2020.

    21 Dec 2020

Frequently asked questions

  • Convergence Innovation Labs India Private Limited was incorporated on 07 Jul 2014.

  • The authorized share capital of Convergence Innovation Labs India Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Convergence Innovation Labs India Private Limited.

    • Paul Ravi Kumar Boosi
    • Srivalli Godi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Convergence Innovation Labs India Private Limited is 607 Block B Asian Suncity Whitefields, Gachibowli India, Serilingampally, Telangana, 500084.

  • The corporate identification number (CIN) of Convergence Innovation Labs India Private Limited is U80900TG2014PTC094762 and the company number is 094762 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Convergence Innovation Labs India Private Limited has risen by 636.04%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Convergence Innovation Labs India Private Limited has experienced an upsurge of 25.59%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Convergence Innovation Labs India Private Limited amount to ₹ 19.16 Cr.

  • The most recent Balance Sheet for Convergence Innovation Labs India Private Limited was filed with the ROC on 31 Mar 2023.

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