Spectra & Star Convergence Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 4.15 Cr
- Company Age 15 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 282.90 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 15 years and one month. Its registered office is in Jammu, Jammu & Kashmir, India.
The Corporate was formerly known as Spectra Convergence Private 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 2024. 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 ₹282.90 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 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Jammu
Industry
Information Technology
Spectra & Star Convergence Limited
Explore comprehensive data for Spectra & Star Convergence Limited, including financials, compliance details, shareholding patterns, and litigation history.
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
- Ratios
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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.
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Charges (Loans)
Open Charges
₹282.90 Cr
Satisfied Charges
₹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 : 40.00 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.
Latest Updates, News, and FAQs on Spectra & Star Convergence
Recent activity within the organization
- Charges
A charge with Hdfc Bank Limited of Rs. 40.00 Cr registered on 16 Aug 2019 with Charge ID 100287055 was modified on 06 Feb 2025.
- Annual General Meeting
Spectra & Star Convergence Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Spectra & Star Convergence Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jammu.
- Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 37.00 Cr registered on 28 Oct 2021 with Charge ID 100500257 was modified on 29 Sep 2023.
- Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 8.90 Cr registered on 28 Oct 2021 with Charge ID 100500263 was modified on 29 Sep 2023.
- Charges
A charge with Axis Bank Limited amounted to Rs. 75.00 Cr with Charge ID 100670620 was registered on 10 Jan 2023.
Frequently asked questions
What is the Incorporation or founding date of Spectra & Star Convergence Limited?
Spectra & Star Convergence Limited was incorporated on 09 Apr 2010.
What is authorized share capital and paid-up capital of Spectra & Star Convergence Limited?
The authorized share capital of Spectra & Star Convergence Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.15 Cr.
Who are the current board members & directors of Spectra & Star Convergence Limited?
Currently 5 directors are associated with Spectra & Star Convergence Limited.
- Sandeep Kumar
- Karan Sindwani
- Rani Sindwani
- Amit Sindwani
- Gautam Kapur
What is the registered address of Spectra & Star Convergence Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Spectra & Star Convergence Limited is P-1 Sector 3, Trikuta Nagar Kashmir India, Jammu, Jammu & Kashmir, 180012.
What is the corporate identification number (CIN) and company number of Spectra & Star Convergence Limited?
The corporate identification number (CIN) of Spectra & Star Convergence Limited is U51103JK2010PLC003144 and the company number is 003144 as per Ministry of Corporate Affairs (MCA).
What is the official website of Spectra & Star Convergence Limited?
The Official website of Spectra & Star Convergence Limited is https://www.spectrastar.co.in
What has been the recent revenue trend for Spectra & Star Convergence Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Spectra & Star Convergence Limited has risen by 0.82%.
How many employees does Spectra & Star Convergence Limited currently have?
As Per 2023 financial reports, 40 employees are currently employed by Spectra & Star Convergence Limited.
What change has been observed in the net worth of Spectra & Star Convergence Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Spectra & Star Convergence Limited has experienced an upsurge of 12.15%.
What are the total open charges for Spectra & Star Convergence Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Spectra & Star Convergence Limited amount to ₹ 282.90 Cr.
When was the last Balance Sheet of Spectra & Star Convergence Limited filed with the ROC?
The most recent Balance Sheet for Spectra & Star Convergence Limited was filed with the ROC on 31 Mar 2024.
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