Convergence Steel Profile
Key Indicators
- Authorised Capital ₹ 2.50 Cr
- Paid Up Capital ₹ 1.70 Cr
- Company Age 5 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 17.81 Cr
- Revenue Growth 196.40%
- Profit Growth 137.22%
- Ebitda 121.68%
- Net Worth 189.30%
- Total Assets 38.42%
About Convergence Steel
Convergence Steel Private Limited (CSPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 November 2019 (Five years and two months 22 days old ). Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Metals And Minerals 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 2.50 Cr and a paid-up capital of Rs 1.70 Cr.
The company currently has active open charges totaling ₹17.81 Cr.
Ashutosh Singh and Abhishek Jha serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U52609MH2019PTC333611
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Company No.
333611
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
26 Nov 2019
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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
Who are the key members and board of directors at Convergence Steel?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Abhishek Jha
|
Director | 26-Nov-2019 | Current |
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Ashutosh Singh
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Director | 26-Nov-2019 | Current |
Financial Performance of Convergence Steel.
Convergence Steel Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 196.4% increase. The company also saw a substantial improvement in profitability, with a 137.22% increase in profit. The company's net worth Soared by an impressive increase of 189.3%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Convergence Steel?
In 2022, Convergence Steel 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)
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Connect Steel Private LimitedAshutosh Singh is a mutual person
Charges (Loans)
₹17.81 Cr
₹0
Charges Breakdown by Lending Institutions
- Standard Chartered Bank : 10.00 Cr
- Hdfc Bank Limited : 7.81 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Feb 2024 | Standard Chartered Bank | ₹10.00 Cr | Open |
| 09 Mar 2023 | Hdfc Bank Limited | ₹7.81 Cr | Open |
How Many Employees Work at Convergence Steel?
Convergence Steel has a workforce of 8 employees as of Apr 07, 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 Steel, 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 Steel'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.
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