De Converter India Pvt Ltd

Manufacturer of flexible packaging materials for food and consumer goods, based in Kolkata.

1994 | Howrah, West Bengal (India) | Active
Last Updated: November 17, 2024

De Converter India Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 1.79 Cr
  • Company Age 30 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 31.39 Cr
  • Satisfied Charges ₹ 147.38 Cr
  • Revenue Growth 38.33%
  • Profit Growth -32.97%
  • Ebitda 0.90%
  • Net Worth 5.23%
  • Total Assets 3.51%

About De Converter India

De Converter India Pvt Ltd (DCIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 March 1994 and has a history of 30 years and 11 months. Its registered office is in Howrah, West Bengal, India.

The Company is engaged in the Packaging 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 3.00 Cr and a paid-up capital of Rs 1.79 Cr.

The company currently has active open charges totaling ₹31.39 Cr. The company has closed loans amounting to ₹147.38 Cr, as per Ministry of Corporate Affairs (MCA) records.

Dipti Kundu, Sandip Kundu, Ullash Kundu, and Two other members serve as directors at the Company.

Company Details

  • Location

    Howrah, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    deconverterindia.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74940WB1994PTC062232

  • Company No.

    062232

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Mar 1994

  • Date of AGM

    21 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Packaging

Who are the key members and board of directors at De Converter India?

Board Members (5)

Name Designation Appointment Date Status
Dipti Kundu Country flag representing In Director 11-Mar-1994 Current
Sandip Kundu Country flag representing In Director 31-Mar-2008 Current
Ullash Kundu Country flag representing In Director 01-Jul-2014 Current
Abhijit Kundu Country flag representing In Director 24-Aug-2009 Current
Kanchan Kundu Country flag representing In Director 07-Sep-2001 Current

Financial Performance of De Converter India.

De Converter India Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 38.33% increase. The company also saw a substantial fall in profitability, with a 32.97% decrease in profit. The company's net worth moved up by a moderate rise of 5.23%.

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
38.33%
Revenue from Operations
38.08%
Total Assets
3.51%
Profit or Loss
-32.97%
Net Worth
5.23%
EBITDA
0.90%

What is the Ownership and Shareholding Structure of De Converter India?

In 2022, De Converter India had a promoter holding of 97.27% and a public holding of 2.73%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹31.39 Cr

Satisfied Charges

₹147.38 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 30.64 Cr
  • Hdfc Bank Limited : 0.45 Cr
  • Others : 0.30 Cr

Latest Charge Details

Date Lender Amount Status
24 Jan 2024 Others ₹3.00 M Open
27 Sep 2023 Axis Bank Limited ₹30.64 Cr Open
29 Nov 2022 Hdfc Bank Limited ₹1.00 M Open
19 Jul 2022 Hdfc Bank Limited ₹1.00 M Open
28 Oct 2021 Hdfc Bank Limited ₹1.00 M Open

How Many Employees Work at De Converter India?

De Converter India has a workforce of 172 employees as of Mar 21, 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 De Converter India, 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 De Converter India'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 De Converter India

Recent activity within the organization

  • Annual General Meeting

    De Converter India Pvt Ltd last Annual general meeting of members was held on 21 Sep 2024 as per latest MCA records.

    21 Sep 2024

  • Charges

    A charge registered on 05 Feb 1998 via Charge ID 90245358 with Bank Of Baroda was fully satisfied on 21 Jun 2024.

    21 Jun 2024

  • Charges

    A charge registered on 21 Oct 2022 via Charge ID 100707944 with Hdfc Bank Limited was fully satisfied on 15 Jun 2024.

    15 Jun 2024

  • Charges

    A charge registered on 19 Jul 2017 via Charge ID 100126249 with Others was fully satisfied on 15 May 2024.

    15 May 2024

  • Charges

    A charge registered on 19 Aug 2016 via Charge ID 100083400 with Others was fully satisfied on 15 May 2024.

    15 May 2024

  • Charges

    A charge registered on 22 Jun 2007 via Charge ID 10060795 with Bank Of Baroda was fully satisfied on 15 May 2024.

    15 May 2024

Frequently asked questions

  • De Converter India Pvt Ltd was incorporated on 11 Mar 1994.

  • The authorized share capital of De Converter India Pvt Ltd is ₹ 3.00 Cr and paid-up capital is ₹ 1.79 Cr.

  • Currently 5 directors are associated with De Converter India Pvt Ltd.

    • Dipti Kundu
    • Sandip Kundu
    • Ullash Kundu
    • Abhijit Kundu
    • Kanchan Kundu
  • As per Ministry of Corporate Affairs (Mca), the registered address of De Converter India Pvt Ltd is Bally Durgapur Abhaynagar Nh-2 (Nh-19) P.O. - Samabay Pally P.S. Nischinda, Howrah India, Domjur, West Bengal, 711205.

  • The corporate identification number (CIN) of De Converter India Pvt Ltd is U74940WB1994PTC062232 and the company number is 062232 as per Ministry of Corporate Affairs (MCA).

  • The Official website of De Converter India Pvt Ltd is https://www.deconverterindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for De Converter India Pvt Ltd has risen by 38.33%.

  • As Per 2023 financial reports, 172 employees are currently employed by De Converter India Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of De Converter India Pvt Ltd has experienced an upsurge of 5.23%.

  • As per the financial statements for fiscal Year 2023, The total open charges for De Converter India Pvt Ltd amount to ₹ 31.39 Cr.

  • The most recent Balance Sheet for De Converter India Pvt Ltd was filed with the ROC on 31 Mar 2024.

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