Spectra & Star Convergence Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 4.15 Cr
- Company Age 14 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 272.90 Cr
- Revenue Growth 0.82%
- Profit Growth -37.21%
- Ebitda -15.98%
- Net Worth 12.15%
- Total Assets 0.33%
About Spectra & Star Convergence
Spectra & Star Convergence Limited (SSCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 April 2010 and has a history of 14 years and ten months. Its registered office is in Jammu, Jammu & Kashmir, India.
The Corporate was formerly known as Spectra Convergence Limited. 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 5.00 Cr and a paid-up capital of Rs 4.15 Cr.
The company currently has active open charges totaling ₹272.90 Cr.
Sandeep Kumar, Karan Sindwani, Rani Sindwani, and Two other members serve as directors at the Company.
Company Details
- Location
Jammu, Jammu & Kashmir, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U51103JK2010PLC003144
- Company No.
003144
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
09 Apr 2010
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Jammu
Industry
Who are the key members and board of directors at Spectra & Star Convergence?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Amit Sindwani  | Managing Director | 09-Apr-2010 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sandeep Kumar | Director | 25-Oct-2014 | Current |
| Karan Sindwani | Director | 09-Apr-2010 | Current |
| Rani Sindwani | Whole-Time Director | 18-Apr-2018 | Current |
| Gautam Kapur | Director | 25-Oct-2014 | Current |
Financial Performance of Spectra & Star Convergence.
Spectra & Star Convergence Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.82% increase. The company also saw a substantial fall in profitability, with a 37.21% decrease in profit. The company's net worth Soared by an impressive increase of 12.15%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Spectra & Star Convergence?
In 2023, Spectra & Star Convergence had a promoter holding of 73.27% and a public holding of 26.73%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Proec Energy LimitedSandeep Kumar is a mutual person
Peony Infotech Private LimitedSandeep Kumar is a mutual person
- Chaudhary Vision Private Limited
Karan Sindwani, Rani Sindwani and 1 more are mutual person
- Spectraone Vision Private Limited
Karan Sindwani, Rani Sindwani and 1 more are mutual person
- Katastimaaone Private Limited
Karan Sindwani is a mutual person
- Gifts Mart Llp
Gautam Kapur is a mutual person
Charges (Loans)
₹272.90 Cr
₹0
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 135.00 Cr
- The Hongkong And Shanghai Banking Corporation Limited : 45.90 Cr
- Hdfc Bank Limited : 30.00 Cr
- Tata Capital Financial Services Limited : 27.00 Cr
- Others : 25.00 Cr
- Others : 10.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Jan 2023 | Axis Bank Limited | ₹75.00 Cr | Open |
| 29 Aug 2022 | Others | ₹25.00 Cr | Open |
| 12 May 2022 | Axis Bank Limited | ₹10.00 Cr | Open |
| 28 Oct 2021 | The Hongkong And Shanghai Banking Corporation Limited | ₹37.00 Cr | Open |
| 28 Oct 2021 | The Hongkong And Shanghai Banking Corporation Limited | ₹8.90 Cr | Open |
How Many Employees Work at Spectra & Star Convergence?
Spectra & Star Convergence has a workforce of 40 employees as of Apr 06, 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 Spectra & Star Convergence, 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 Spectra & Star Convergence'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.
