Convertcart Solutions Profile
Key Indicators
- Authorised Capital ₹ 7.00 M
- Paid Up Capital ₹ 6.01 M
- Company Age 5 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.00 Cr
- Satisfied Charges ₹ 1.50 Cr
- Revenue Growth 0.92%
- Profit Growth -65.01%
- Ebitda 84.01%
- Net Worth 0.86%
- Total Assets 30.51%
About Convertcart Solutions
Convertcart Solutions Private Limited (CSPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 December 2019 (Five years and two months 19 days old ). Its registered office is in Bangaluru, Karnataka, 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 7.00 M and a paid-up capital of Rs 6.01 M.
The company currently has active open charges totaling ₹1.00 Cr. The company has closed loans amounting to ₹1.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Naganand Doraswamy, Shekhar Kapoor, and Arun Krishnan serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72900KA2019PTC131007
- Company No.
131007
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Dec 2019
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Information Technology
Media and Publishing
Convertcart Solutions Private Limited
Explore comprehensive data for Convertcart Solutions Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Convertcart Solutions?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Naganand Doraswamy  | Nominee Director | 13-Mar-2020 | Current |
Shekhar Kapoor  | Director | 27-Dec-2022 | Current |
| Arun Krishnan | Director | 25-Dec-2019 | Current |
Financial Performance of Convertcart Solutions.
Convertcart Solutions Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.92% increase. The company also saw a substantial fall in profitability, with a 65.01% decrease in profit. The company's net worth moved up by a moderate rise of 0.86%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Convertcart Solutions?
In 2023, Convertcart Solutions had a promoter holding of 43.08% and a public holding of 56.92%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Mihup Communications Private LimitedNaganand Doraswamy is a mutual person
Ideaspring Advisors LlpNaganand Doraswamy is a mutual person
Datair Technology Private LimitedNaganand Doraswamy is a mutual person
Ideaspring Capital Advisors LlpNaganand Doraswamy is a mutual person
Simyog Technology Private LimitedNaganand Doraswamy is a mutual person
Okulo Aerospace Private LimitedNaganand Doraswamy is a mutual person
Charges (Loans)
Open Charges
₹10.00 M
Satisfied Charges
₹15.00 M
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 1.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Aug 2024 | Axis Bank Limited | ₹1.00 Cr | Open |
| 08 Sep 2022 | Others | ₹1.50 Cr | Satisfied |
How Many Employees Work at Convertcart Solutions?
Convertcart Solutions has a workforce of 139 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 Convertcart Solutions, 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 Convertcart Solutions'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.
Latest Updates, News, and FAQs on Convertcart Solutions
Recent activity within the organization
- Annual General Meeting
Convertcart Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge registered on 08 Sep 2022 via Charge ID 100626247 with Others was fully satisfied on 24 Sep 2024.
- Charges
A charge with Axis Bank Limited amounted to Rs. 10.00 M with Charge ID 100968132 was registered on 22 Aug 2024.
- Balance Sheet
Convertcart Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Director Appointment
Shekhar Kapoor was appointed as a Director was appointed as a Director on 27 Dec 2022 & has been associated with this company since 2 years 2 months .
- Charges
A charge with Others amounted to Rs. 15.00 M with Charge ID 100626247 was registered on 08 Sep 2022.
Frequently asked questions
What is the Incorporation or founding date of Convertcart Solutions Private Limited?
Convertcart Solutions Private Limited was incorporated on 25 Dec 2019.
What is authorized share capital and paid-up capital of Convertcart Solutions Private Limited?
The authorized share capital of Convertcart Solutions Private Limited is ₹ 7.00 M and paid-up capital is ₹ 6.01 M.
Who are the current board members & directors of Convertcart Solutions Private Limited?
Currently 3 directors are associated with Convertcart Solutions Private Limited.
- Naganand Doraswamy
- Shekhar Kapoor
- Arun Kumar Kumara Krishnan
What is the registered address of Convertcart Solutions Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Convertcart Solutions Private Limited is No. 33/1 First Floor Castle Street Ashok Nagar, Richmond Town India, Bangalore North, Karnataka, 560025.
What is the corporate identification number (CIN) and company number of Convertcart Solutions Private Limited?
The corporate identification number (CIN) of Convertcart Solutions Private Limited is U72900KA2019PTC131007 and the company number is 131007 as per Ministry of Corporate Affairs (MCA).
What is the official website of Convertcart Solutions Private Limited?
The Official website of Convertcart Solutions Private Limited is https://www.convertcart.com
What has been the recent revenue trend for Convertcart Solutions Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Convertcart Solutions Private Limited has risen by 0.92%.
How many employees does Convertcart Solutions Private Limited currently have?
As Per 2023 financial reports, 139 employees are currently employed by Convertcart Solutions Private Limited.
What change has been observed in the net worth of Convertcart Solutions Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Convertcart Solutions Private Limited has experienced an upsurge of 0.86%.
What are the total open charges for Convertcart Solutions Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Convertcart Solutions Private Limited amount to ₹ 1.00 Cr.
When was the last Balance Sheet of Convertcart Solutions Private Limited filed with the ROC?
The most recent Balance Sheet for Convertcart Solutions Private Limited was filed with the ROC on 31 Mar 2024.
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