Convertcart Solutions Private Limited

Offers internet marketing, software development, and consultancy services with registered office in Bangalore.

2019 | Bangalore North, Karnataka (India) | Active
Last Updated: July 24, 2024

Convertcart Solutions Profile

Key Indicators

  • Authorised Capital ₹ 7.00 M
  • Paid Up Capital ₹ 6.01 M
  • Company Age 5 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open 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 one month 7 days old ). Its registered office is in Bangalore North, 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 2023. 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 ₹1.50 Cr.

Naganand Doraswamy, Shekhar Kapoor, and Arun Krishnan serve as directors at the Company.

Company Details

  • Location

    Bangalore North, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • 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 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology
Media and Publishing

Who are the key members and board of directors at Convertcart Solutions?

Board Members (3)

Name Designation Appointment Date Status
Naganand Doraswamy Country flag representing Us Nominee Director 13-Mar-2020 Current
Shekhar Kapoor Country flag representing In Additional Director 27-Dec-2022 Current
Arun Krishnan Country flag representing In 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%.

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
0.92%
Revenue from Operations
0.69%
Total Assets
30.51%
Profit or Loss
-65.01%
Net Worth
0.86%
EBITDA
84.01%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹15.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 1.50 Cr

Latest Charge Details

Date Lender Amount Status
08 Sep 2022 Others ₹1.50 Cr Open

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Convertcart Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Shekhar Kapoor was appointed as a Additional Director was appointed as a Additional Director on 27 Dec 2022 & has been associated with this company since 2 years 1 month .

    27 Dec 2022

  • Charges

    A charge with Others amounted to Rs. 15.00 M with Charge ID 100626247 was registered on 08 Sep 2022.

    08 Sep 2022

  • Director Appointment

    Naganand Doraswamy was appointed as a Nominee Director was appointed as a Nominee Director on 13 Mar 2020 & has been associated with this company since 4 years 10 months .

    13 Mar 2020

  • Director Appointment

    Arun Kumar Kumara Krishnan was appointed as a Director was appointed as a Director on 25 Dec 2019 & has been associated with this company since 5 years 1 month .

    25 Dec 2019

Frequently asked questions

  • Convertcart Solutions Private Limited was incorporated on 25 Dec 2019.

  • The authorized share capital of Convertcart Solutions Private Limited is ₹ 7.00 M and paid-up capital is ₹ 6.01 M.

  • Currently 3 directors are associated with Convertcart Solutions Private Limited.

    • Naganand Doraswamy
    • Shekhar Kapoor
    • Arun Kumar Kumara Krishnan
  • 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 Richmond Town, Bangalore North, Karnataka, India, 560025.

  • 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).

  • The Official website of Convertcart Solutions Private Limited is https://www.convertcart.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Convertcart Solutions Private Limited has risen by 0.92%.

  • As Per 2023 financial reports, 139 employees are currently employed by Convertcart Solutions Private Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Convertcart Solutions Private Limited amount to ₹ 1.50 Cr.

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

People also Viewed

Similar Companies Based on Advertising Agencies & Media Services