Mconverge Services Private Limited

Provides IT enabled services and develops VAS solutions and applications for media, operators, and enterprises in India.

2007 | Delhi (India) | Active
Last Updated: January 10, 2025

Mconverge Services Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 0.13 M
  • Company Age 17 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.16 Cr
  • Revenue Growth -61.57%
  • Profit Growth 90.72%
  • Ebitda -934.47%
  • Net Worth -2.96%
  • Total Assets -4.17%

About Mconverge Services

Mconverge Services Private Limited (MSPL) is a Private Limited Indian Non-Government Company incorporated in India on 19 June 2007 and has a history of 17 years and seven months. Its registered office is in Delhi, India.

The Company is engaged in the Telecom 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 1.00 Cr and a paid-up capital of Rs 0.13 M.

The company currently has active open charges totaling ₹4.16 Cr.

Sarandeep Singh and Balbir Kaur serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74140DL2007PTC164904

  • Company No.

    164904

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Jun 2007

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Telecom

Who are the key members and board of directors at Mconverge Services?

Board Members (2)

Name Designation Appointment Date Status
Sarandeep Singh Country flag representing In Director 20-Jun-2018 Current
Balbir Kaur Country flag representing In Additional Director 20-Jun-2018 Current

Financial Performance of Mconverge Services.

Mconverge Services Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 61.57% decrease. The company also saw a substantial improvement in profitability, with a 90.72% increase in profit. The company's net worth dipped by a decrease of 2.96%.

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
-61.57%
Revenue from Operations
-67.87%
Total Assets
-4.17%
Profit or Loss
90.72%
Net Worth
-2.96%
EBITDA
-934.47%

What is the Ownership and Shareholding Structure of Mconverge Services?

In 2019, Mconverge Services 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

₹4.16 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Icici Bank Limited : 4.00 Cr
  • State Bank Of India : 0.16 Cr

Latest Charge Details

Date Lender Amount Status
07 Apr 2011 Icici Bank Limited ₹4.00 Cr Open
27 Oct 2009 State Bank Of India ₹0.80 M Open
27 Oct 2009 State Bank Of India ₹0.80 M Open

How Many Employees Work at Mconverge Services?

Unlock and access historical data on people associated with Mconverge Services, 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 Mconverge Services, 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 Mconverge Services'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 Mconverge Services

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Mconverge Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Director Appointment

    Sarandeep Singh was appointed as a Director was appointed as a Director on 20 Jun 2018 & has been associated with this company since 6 years 7 months .

    20 Jun 2018

  • Director Appointment

    Balbir Kaur was appointed as a Additional Director was appointed as a Additional Director on 20 Jun 2018 & has been associated with this company since 6 years 7 months .

    20 Jun 2018

  • Charges

    A charge with Icici Bank Limited amounted to Rs. 4.00 Cr with Charge ID 10289801 was registered on 07 Apr 2011.

    07 Apr 2011

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.08 Cr with Charge ID 10186052 was registered on 27 Oct 2009.

    27 Oct 2009

Frequently asked questions

  • Mconverge Services Private Limited was incorporated on 19 Jun 2007.

  • The authorized share capital of Mconverge Services Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 0.13 M.

  • Currently 2 directors are associated with Mconverge Services Private Limited.

    • Sarandeep Singh
    • Balbir Kaur
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mconverge Services Private Limited is Second Floor, J-11/126 Rajouri Garden India, New Delhi, 110027.

  • The corporate identification number (CIN) of Mconverge Services Private Limited is U74140DL2007PTC164904 and the company number is 164904 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mconverge Services Private Limited is https://www.mivas.in

  • According to the financial reports for the fiscal year 2019, the revenue trend for Mconverge Services Private Limited has fallen by -61.57%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Mconverge Services Private Limited has experienced an downturn of -2.96%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Mconverge Services Private Limited amount to ₹ 4.16 Cr.

  • The most recent Balance Sheet for Mconverge Services Private Limited was filed with the ROC on 31 Mar 2024.

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