Convergence Steel Private Limited logo

Convergence Steel Private Limited

This company manufactures and trades various steel products and acts as a consultant and agent.
2019 | Mumbai, Maharashtra (India) | Active

Last Updated:

July 09, 2024
HomeCompanyConvergence Steel Private Limited

Who are the key members and board of directors at Convergence Steel?

Board Members(2)

Financial Performance and Corporate Structure Insights 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%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
FY 2023YOY Growth
FY 2022FY 2021FY 2020FY 2019
Total Revenue
196.40%
Revenue from Operations
196.44%
Total Assets
38.42%
Profit or Loss
137.22%
Net Worth
189.30%
EBITDA
121.68%

Related Corporates (Common Directorship)

  • Connect Steel Private Limited

    Connect Steel Private Limited

    Active build-icon 13 years 1 month

    Ashutosh Singh is a mutual person

Charges (Loans)

Open Charges

₹15.50 Cr

LenderAmountStatus

Standard Chartered Bank

Creation Date: 19 Feb 2024
₹10.00 CrOpen

Hdfc Bank Limited

Creation Date: 09 Mar 2023
₹5.50 CrOpen

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.

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Latest Updates, News, and FAQs on Convergence Steel

Recent activity within the organization

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 10.00 Cr with Charge ID 100887090 was registered on 19 Feb 2024.

    19 Feb 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 5.50 Cr registered on 09 Mar 2023 with Charge ID 100708242 was modified on 15 Jul 2023.

    15 Jul 2023

  • Balance Sheet

    Convergence Steel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 5.50 Cr with Charge ID 100708242 was registered on 09 Mar 2023.

    09 Mar 2023

  • Director Appointment

    Ashutosh Singh was appointed as a Director was appointed as a Director on 26 Nov 2019 & has been associated with this company since 4 years 10 months .

    26 Nov 2019

Frequently asked questions

  • Convergence Steel Private Limited was incorporated on 26 Nov 2019.

  • The authorized share capital of Convergence Steel Private Limited is ₹ 2.50 Cr and paid-up capital is ₹ 1.70 Cr.

  • Currently 2 directors are associated with Convergence Steel Private Limited.

    • Ashutosh Singh
    • Abhishek Dilipkumar Jha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Convergence Steel Private Limited is 703 Vihan Walbhat Road, Goregaon (East), Mumbai, Maharashtra, India, 400063.

  • The corporate identification number (CIN) of Convergence Steel Private Limited is U52609MH2019PTC333611 and the company number is 333611 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Convergence Steel Private Limited is https://www.convergencesteel.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Convergence Steel Private Limited has risen by 196.40%.

  • As Per 2022 financial reports, 8 employees are currently employed by Convergence Steel Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Convergence Steel Private Limited has experienced an upsurge of 189.30%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Convergence Steel Private Limited amount to ₹ 15.50 Cr.

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

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