Amartech Convergence India Private Limited

Amartech Convergence India Private Limited - business outsourcing in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U72900DL2001PTC109950 Incorporated 09 March 2001 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company business outsourcing MSME · Micro
Data last updated
Revenue · FY 2024
₹5.19 Lakh
▼ 97% YoY
Net loss · FY 2024
₹29.47 Lakh
Latest filing
EBITDA · FY 2024
-₹3.68 Lakh
EBITDA margin -70.9%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹49.61 Lakh
Issued & subscribed
Open charges
₹2.13 Cr
Secured borrowings
Company age
25 yrs
Est. 2001
Employees · EPFO
4
Provident fund records

About Amartech Convergence India Private Limited

Data last updated:

Amartech Convergence India Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the business process outsourcing sector. It was incorporated on 09 March 2001 and has been in existence for over 25 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2001PTC109950. Its GSTIN is 09AADCA3462A1Z5 (Uttar Pradesh). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹49.61 Lakh. It is led by directors Vimmi and Sandeep Saxena.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Wz – 61 – B Third Floor Back Side – 9 Virendra Nagar, New Delhi, Delhi, India – 110018.

As per the financials filed for FY 2024, the company reported a revenue of ₹5.19 Lakh, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹29.47 Lakh and EBITDA of -₹3.68 Lakh (EBITDA margin -70.9%). Revenue has declined at a compounded annual rate (CAGR) of 73% over three years and 59% over five years.

The company has about 4 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹2.13 Cr on record. Court records list 17 cases involving the company, including 1 filed by the company and 16 filed against it; 12 cases are pending.

Amartech Convergence India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-50-0017189). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website amartech.co.in.

Company details

CIN U72900DL2001PTC109950
Registration Number 109950
Incorporation Date 09 March 2001
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-UP-50-0017189

Recognitions & Rankings of Amartech Convergence India

MSME (Udyam registered) Ministry of MSME
Category
Micro (2022-23)
Udyam number
UDYAM-UP-50-0017189

Contact details

Amartech Convergence India Private Limited's registered office is in New Delhi, Delhi. Its website is amartech.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Wz – 61 – B Third Floor Back Side – 9 Virendra Nagar, New Delhi, Delhi, India – 110018
  • Industry
    Business Outsourcing, Business Process Outsourcing

To see the full contact details of Amartech Convergence India Private Limited, buy the company report.

Comprehensive company report
Amartech Convergence India Private Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Amartech Convergence India is support service to organizations. In detail, this covers office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc..

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN6Office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc.

To see the full business activity and turnover split of Amartech Convergence India Private Limited, buy the company report.

Financials of Amartech Convergence India Private Limited

FY 2024 filings available

Amartech Convergence India Private Limited reported revenue of ₹5.19 Lakh (down 97% YoY) for FY 2024.

Revenue · FY 2024
₹5.19 Lakh ▼ 97%
Net loss · FY 2024
₹29.47 Lakh
EBITDA · FY 2024
-₹3.68 Lakh margin -70.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 97%
3 years · compounded
▼ 73%
5 years · compounded
▼ 59%
EBITDA CAGR growth
1 year
▼ 124%
3 years · compounded
▼ 28%
5 years · compounded
▲ 28%

Revenue has declined at a compounded annual rate (CAGR) of 59% over five years, including a 97% fall in the latest year. EBITDA fell 124% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹3.68 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹29.47 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-70.9%
Net Profit Margin
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Amartech Convergence India Private Limited, buy the company report.

Board of directors of Amartech Convergence India Private Limited

Amartech Convergence India has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
VimmiDirector01 Apr 201313 Years 7 MonthsCurrent
Sandeep SaxenaDirector01 Oct 201214 Years 1 MonthsCurrent

Auditor

Amartech Convergence India Private Limited is audited by BLY & Associates for the financial year 2022.

Auditor firmFinancial yearFirm registration number
BLY & AssociatesFY 2022012899N

Shareholding

The shareholding of Amartech Convergence India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Amartech Convergence India Private Limited, buy the company report.

Charges & borrowings

Open charges
₹2.13 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹1.65 Cr
Bank of India₹0.48 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
10 May 2023100727445Bank of India₹2.5 LakhOpen
18 Jun 2020100349176Others₹4.9 LakhOpen
17 Oct 2017100134192Others₹1.54 LakhOpen
13 Jun 2017100106582Others₹1.5 CrOpen
20 Mar 2017100098509Others₹9 LakhOpen

To see the full charge records of Amartech Convergence India Private Limited, buy the company report.

Total charge records: 7 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Amartech Convergence India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Amartech Convergence India Private Limited has a workforce of 4 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.

Employee count
4
Active EPFO establishments
1
Employee growth
-83.33%

GST

Amartech Convergence India has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
09AADCA3462A1Z5Uttar PradeshActive01 Jul 2017

To see the full GST registrations and return filing status of Amartech Convergence India Private Limited, buy the company report.

Recent activity

Amartech Convergence India Private Limited has 11 board changes on record since 2007: 2 appointments and 9 cessations. The latest: Sandeep Saxena ceased to be Additional Director on 30 Sep 2013.

AGM
Amartech Convergence India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Amartech Convergence India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge with Bank Of India amounted to Rs. 2.50 Lakh with Charge ID 100727445 was registered on 10 May 2023.
Charges
A charge with Others amounted to Rs. 4.90 Lakh with Charge ID 100349176 was registered on 18 Jun 2020.
Charges
A charge with Others amounted to Rs. 1.54 Lakh with Charge ID 100134192 was registered on 17 Oct 2017.
Charges
A charge with Others amounted to Rs. 150.00 Lakh with Charge ID 100106582 was registered on 13 Jun 2017.
Charges
A charge with Others amounted to Rs. 9.00 Lakh with Charge ID 100098509 was registered on 20 Mar 2017.
Ceased
Sandeep Saxena ceased to be Additional Director.
Ceased
Vimmi ceased to be Additional Director.
Ceased
Amit Gurtu ceased to be Director.
Ceased
Amit Kumar Srivastava ceased to be Additional Director.
Ceased
Jyoti Varma ceased to be Director.

10 earlier events are in the company report.

Frequently asked questions

Amartech Convergence India is an active private limited company based in New Delhi, Delhi, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 09 March 2001 (25+ years old) and is registered under CIN U72900DL2001PTC109950.

Amartech Convergence India has 2 current directors:

The latest financial statements of Amartech Convergence India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Amartech Convergence India is 09AADCA3462A1Z5, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Amartech Convergence India is U72900DL2001PTC109950. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Amartech Convergence India has 17 court cases on record: 1 filed by the company and 16 filed against it. 12 are pending.

Amartech Convergence India was incorporated on 09 March 2001, making it 25+ years old. It is registered with the Registrar of Companies, Delhi.

Sandeep Saxena ceased to be Additional Director on 30 Sep 2013. Vimmi ceased to be Additional Director on 30 Sep 2013. Amit Gurtu ceased to be Director on 02 Apr 2013. Amartech Convergence India has 11 board changes on record in total.

Yes, Amartech Convergence India is registered as a micro enterprise under Udyam registration (number: UDYAM-UP-50-0017189).

Amartech Convergence India can be reached through the website amartech.co.in. Its registered office is in New Delhi, Delhi, India.