About Converge Electronics Trading (India) Private Limited
Data last updated:
Converge Electronics Trading (India) Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Pcg Parent Corp. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 23 March 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51900KA2010FTC052955. Its GSTIN is 29AADCC9250C1ZR (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.9 Lakh. It is led by directors including Gopalakrishna Subray Bhat and Kim Marie Carr.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.36 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹90.14 Lakh (net margin 6.7%) and EBITDA of ₹2.41 Cr (EBITDA margin 18%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 14% over five years.
The company has about 74 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Converge.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website converge.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address3rd Floor B Wing Trifecta Adatto, Whitefield Main Road Garudacharpalya, Bangalore, Karnataka, India – 560048
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Converge Electronics Trading (India) Private Limited
The main business activity of Converge Electronics Trading (India) is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Converge Electronics Trading (India) Private Limited FY 2025 filings available
Converge Electronics Trading (India) Private Limited reported revenue of ₹13.36 Cr (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Converge Electronics Trading (India) Private Limited
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA rose 22% 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 of Converge Electronics Trading (India) Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹2.41 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹90.14 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 of Converge Electronics Trading (India) Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Converge Electronics Trading (India) are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Converge Electronics Trading (India) Private Limited
Converge Electronics Trading (India) Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bigtime Distributors (India) Private Limited | ₹13.42 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Secunderabad, Telangana, India |
| M&D Powertec Engineers Private Limited | ₹13.42 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Nagpur, Maharashtra, India |
| Mukul Paper and Chemicals Pvt.Ltd. | ₹13.42 Cr (FY 2025) | •••• | •••• | -36.0% | •••• | Haryana, India |
| Magnet Telelinks Private Limited | ₹13.4 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | Mumbai, Maharashtra, India |
| Ubm Autopower Private Limited | ₹13.38 Cr (FY 2025) | •••• | •••• | -39.0% | •••• | Bangalore, Karnataka, India |
| Converge Electronics Trading (India) Private Limited this company | ₹13.36 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Bangalore, Karnataka, India |
| Prakruthi Energy Solutions Private Limited | ₹13.35 Cr (FY 2024) | •••• | •••• | 267.0% | •••• | Bangalore, Karnataka, India |
| Fiberfill Insulations (India) Private Limited | ₹13.35 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | New Delhi, Delhi, India |
| Senkush Traders Private Limited | ₹13.33 Cr (FY 2025) | •••• | •••• | 67.0% | •••• | Sriperumbudur, Tamil Nadu, India |
| Malik Marketing and Infracom Private Limited | ₹13.31 Cr (FY 2020) | •••• | •••• | -40.0% | •••• | Durg, Chhattisgarh, India |
| Shree Dadu Dayal Electronics Private Limited | ₹13.29 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Jalandhar, Punjab, India |
Peers are the five companies nearest above and the five nearest below Converge Electronics Trading (India) by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Converge Electronics Trading (India) Private Limited
Converge Electronics Trading (India) Private Limited is audited by K S AIYAR & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K S AIYAR & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Converge Electronics Trading (India) Private Limited
Converge Electronics Trading (India) has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gopalakrishna Subray Bhat Also directs: Tacoma Pharmasolutions Private Limited, Honeycomb Telnet Private Limited, O9 Solutions Management India Private Limited and 1 more | Director | 23 Mar 2010 | 16 Years 6 Months | Current |
| Kim Marie Carr | Director | 08 Jun 2021 | 5 Years 4 Months | Current |
| Eric Andrew Checkoway | Director | 28 Sep 2012 | 14 Years 0 Months | Current |
Ownership and Shareholding of Converge Electronics Trading (India) Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Converge Electronics Trading (India) Private Limited
Converge Electronics Trading (India) Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Converge Electronics Trading (India) Private Limited
Converge Electronics Trading (India) operates one associated brand: Converge. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Data-driven supply chain solutions are provided for enterprises. | converge.com |
Employees and EPFO Compliance at Converge Electronics Trading (India) Private Limited
Converge Electronics Trading (India) Private Limited has a workforce of 74 employees as of Apr 02, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Converge Electronics Trading (India) Private Limited
Converge Electronics Trading (India) Private Limited has 10 board changes on record since 2010: 3 appointments and 7 cessations. The latest: Kim Marie Carr ceased to be Additional Director on 25 Nov 2021.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Converge Electronics Trading (India) Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Converge Electronics Trading (India) Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Converge Electronics Trading (India) Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Converge Electronics Trading (India) Private Limited
Converge Electronics Trading (India) has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCC9250C1ZR | Karnataka | Active | 01 Jul 2017 |
| 06AADCC9250C1ZZ | Haryana | Active | 05 Feb 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Converge Electronics Trading (India) Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Converge Electronics Trading (India) Private Limited
Converge Electronics Trading (India) is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 23 March 2010 (16+ years old) and is registered under CIN U51900KA2010FTC052955.
Converge Electronics Trading (India) reported revenue of ₹13.36 Cr for FY 2025 (down 4% YoY).
Converge Electronics Trading (India) has 3 current directors:
- Gopalakrishna Subray Bhat - Director
- Kim Marie Carr - Director
- Eric Andrew Checkoway - Director
Converge Electronics Trading (India) reported a net profit of ₹90.14 Lakh (net margin 6.7%) and EBITDA of ₹2.41 Cr (EBITDA margin 18%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Converge Electronics Trading (India) is -1% over three years and 14% over five years. In the latest year (FY 2025) revenue fell 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Converge Electronics Trading (India) is 29AADCC9250C1ZR, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AADCC9250C1ZZ (Haryana).
The CIN (Corporate Identification Number) of Converge Electronics Trading (India) is U51900KA2010FTC052955. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Converge Electronics Trading (India) was incorporated on 23 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Converge Electronics Trading (India) by revenue are Bigtime Distributors (India) Private Limited, M&D Powertec Engineers Private Limited, Mukul Paper and Chemicals Pvt.Ltd, Magnet Telelinks Private Limited, Ubm Autopower Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution).
Kim Marie Carr ceased to be Additional Director on 25 Nov 2021. Kim Marie Carr was appointed as Director on 08 Jun 2021. Ronald Charles Summit ceased to be Director on 31 Mar 2021. Converge Electronics Trading (India) has 10 board changes on record in total.
Converge Electronics Trading (India) can be reached through the website converge.com. Its registered office is in Bangalore, Karnataka, India.