Convergence It Services Profile
Key Indicators
- Authorised Capital ₹ 2.00 M
- Paid Up Capital ₹ 0.22 M
- Company Age 14 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.56 Cr
- Revenue Growth 60.97%
- Profit Growth -43.08%
- Ebitda 22.09%
- Net Worth 61.46%
- Total Assets 40.54%
About Convergence It Services
Convergence It Services Private Limited (CISPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 August 2010 and has a history of 14 years and five months. Its registered office is in Mumbai, Maharashtra, India.
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 2024. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 0.22 M.
The company currently has active open charges totaling ₹1.56 Cr.
Piyushkumar Jain, Priyanka Jain, and Abhay Talekar serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U72900MH2010PTC206642
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Company No.
206642
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
16 Aug 2010
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
What products or services does Convergence It Services Private Limited offer?
Convergence It Services Private Limited offers a wide range of products and services, including Computer and Networking Solutions, Networking Solutions, Internet Marketing & Promotion, Digital Marketing Training Services, Printing & Binding Services, Corporate Printing, Project Management, HR Management Software, HRMS Software Service, CRM Software.
Who are the key members and board of directors at Convergence It Services?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Piyushkumar Jain
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Director | 16-Aug-2010 | Current |
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Priyanka Jain
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Director | 16-Aug-2010 | Current |
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Abhay Talekar
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Director | 16-Aug-2010 | Current |
Financial Performance of Convergence It Services.
Convergence It Services Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 60.97% increase. The company also saw a substantial fall in profitability, with a 43.08% decrease in profit. The company's net worth Soared by an impressive increase of 61.46%.
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What is the Ownership and Shareholding Structure of Convergence It Services?
In 2022, Convergence It Services had a public holding of 17.72%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Uknowva Softwares Private LimitedPiyushkumar Jain, Priyanka Jain and 1 more are mutual person
Charges (Loans)
₹15.63 M
₹0
Charges Breakdown by Lending Institutions
- Others : 0.75 Cr
- Sidbi : 0.41 Cr
- Small Industries Development Bank Of India : 0.40 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Mar 2024 | Others | ₹7.50 M | Open |
| 01 Jul 2020 | Sidbi | ₹0.63 M | Open |
| 29 Nov 2017 | Sidbi | ₹3.50 M | Open |
| 06 Jan 2015 | Small Industries Development Bank Of India | ₹4.00 M | Open |
How Many Employees Work at Convergence It Services?
Convergence It Services has a workforce of 62 employees as of Apr 09, 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 It Services, 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 It Services'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.
