Converging Miinds Management Private Limited

Provides technical, financial, marketing, and management consulting services to diverse clients.

2002 | Bangaluru, Karnataka (India) | Active
Last Updated: January 02, 2025

Converging Miinds Management Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 22 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 0.97 M
  • Revenue Growth %
  • Profit Growth 315.15%
  • Ebitda 105.21%
  • Net Worth 5.02%
  • Total Assets 7.02%

About Converging Miinds Management

Converging Miinds Management Private Limited (CMMPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 April 2002 and has a history of 22 years and ten months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Business Outsourcing 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹0.97 M.

Ashraf Bawa, Mumtaz Bava, and Gadugal Bava serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    convergingmiinds.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74140KA2002PTC030308

  • Company No.

    030308

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Apr 2002

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Business Outsourcing

What products or services does Converging Miinds Management Private Limited offer?

Converging Miinds Management Private Limited offers a wide range of products and services, including Business Auditing & Valuation, Auditing Services, Tax Consultancy Service, Taxation Service, Indirect Tax Service, Service Tax Consultants, Third Party Payroll Service, Payroll Services, Business Consultant, Strategy Consulting Services.

Who are the key members and board of directors at Converging Miinds Management?

Executive Team (1)

Name Designation Appointment Date Status
Ashraf Bawa Country flag representing In Managing Director 20-Aug-2002 Current

Board Members (2)

Name Designation Appointment Date Status
Mumtaz Bava Country flag representing In Director 16-Jun-2003 Current
Gadugal Bava Country flag representing In Director 29-Oct-2016 Current

Financial Performance of Converging Miinds Management.

Converging Miinds Management Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 315.15% increase in profit. The company's net worth moved up by a moderate rise of 5.02%.

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
Revenue from Operations
2752896.07%
Total Assets
7.02%
Profit or Loss
315.15%
Net Worth
5.02%
EBITDA
105.21%

What is the Ownership and Shareholding Structure of Converging Miinds Management?

In 2019, Converging Miinds Management had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.97 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Karur Vysya Bank Ltd : 0.10 Cr

Latest Charge Details

Date Lender Amount Status
22 Aug 2014 The Karur Vysya Bank Ltd ₹0.97 M Open

How Many Employees Work at Converging Miinds Management?

Unlock and access historical data on people associated with Converging Miinds Management, 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 Converging Miinds Management, 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 Converging Miinds Management'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 Converging Miinds Management

Recent activity within the organization

  • Annual General Meeting

    Converging Miinds Management Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Converging Miinds Management Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Gadugal Ahmad Bava was appointed as a Director was appointed as a Director on 29 Oct 2016 & has been associated with this company since 8 years 3 months .

    29 Oct 2016

  • Charges

    A charge with The Karur Vysya Bank Ltd amounted to Rs. 0.97 M with Charge ID 10532817 was registered on 22 Aug 2014.

    22 Aug 2014

  • Director Appointment

    Mumtaz Bava was appointed as a Director was appointed as a Director on 16 Jun 2003 & has been associated with this company since 21 years 7 months .

    16 Jun 2003

  • Director Appointment

    Ashraf Gadgul Bawa was appointed as a Managing Director was appointed as a Managing Director on 20 Aug 2002 & has been associated with this company since 22 years 5 months .

    20 Aug 2002

Frequently asked questions

  • Converging Miinds Management Private Limited was incorporated on 02 Apr 2002.

  • The authorized share capital of Converging Miinds Management Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Converging Miinds Management Private Limited.

    • Ashraf Gadgul Bawa
    • Mumtaz Bava
    • Gadugal Ahmad Bava
  • As per Ministry of Corporate Affairs (Mca), the registered address of Converging Miinds Management Private Limited is Prapula No. 310 1St Main Ganganagar, India, Bangalore, Karnataka, 560032.

  • The corporate identification number (CIN) of Converging Miinds Management Private Limited is U74140KA2002PTC030308 and the company number is 030308 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Converging Miinds Management Private Limited is https://www.convergingmiinds.com

  • The financial reports for the fiscal year 2022 indicates that The net worth of Converging Miinds Management Private Limited has experienced an upsurge of 5.02%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Converging Miinds Management Private Limited amount to ₹ 0.97 M.

  • The most recent Balance Sheet for Converging Miinds Management Private Limited was filed with the ROC on 31 Mar 2024.

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