MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0191057
Concept Classic Converge Private Limited - infrastructure and utilities in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹12.89 Cr
▼ 27% YoY
Net loss · FY 2024
₹78,146
Net margin -0.1%
EBITDA · FY 2024
₹1.03 Cr
EBITDA margin 8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹80,000
Issued & subscribed
Open charges
₹1.42 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
About Concept Classic Converge Private Limited
Data last updated:
Concept Classic Converge Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the general infrastructure services segment of the infrastructure and utilities sector. It was incorporated on 21 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC113280. Its GSTIN is 29AAHCC5865H1Z8 (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 ₹80,000. It is led by directors Jasjeet Chhabra and Naunita Chhabra.
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 No. 148 Sector – 5 Hsr Layout, Bangalore, Karnataka, India – 560034.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.89 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹78,146 (net margin -0.1%) and EBITDA of ₹1.03 Cr (EBITDA margin 8%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 79% over five years.
The company is associated with 1 brand: Classic Converge. As per MCA filings, the company has open charges of ₹1.42 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Concept Classic Converge Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0191057). For more details, the company can be reached via its website classicconverge.in.
Company details
CIN U74999KA2018PTC113280
Registration Number 113280
Incorporation Date 21 May 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Small
Udyam Registration UDYAM-KR-03-0191057
Key People
Jasjeet Chhabra Director Naunita Chhabra Director Recognitions & Rankings of Concept Classic Converge
Contact details
Concept Classic Converge Private Limited's registered office is in Bangalore, Karnataka. Its website is classicconverge.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 148 Sector – 5 Hsr Layout, Bangalore, Karnataka, India – 560034
- IndustryInfrastructure and Utilities, General Infrastructure Services
To see the full contact details of Concept Classic Converge Private Limited, buy the company report.
Comprehensive company report
Concept Classic Converge 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
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Brands
Concept Classic Converge operates one associated brand: Classic Converge. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Coworking and managed office solutions with amenities for entrepreneurs and enterprises. | classicconverge.in |
Business activity
The main business activity of Concept Classic Converge is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Concept Classic Converge Private Limited, buy the company report.
Financials of Concept Classic Converge Private Limited
FY 2024 filings availableConcept Classic Converge Private Limited reported revenue of ₹12.89 Cr (down 27% YoY) for FY 2024.
Revenue · FY 2024
₹12.89 Cr ▼ 27%
Net loss · FY 2024
₹78,146 margin -0.1%
EBITDA · FY 2024
₹1.03 Cr margin 8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 27%
3 years · compounded
▲ 39%
5 years · compounded
▲ 79%
EBITDA CAGR growth
1 year
▼ 22%
3 years · compounded
▲ 47%
5 years · compounded
▲ 96%
Revenue fell 27% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 79%. EBITDA fell 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Revenue from Operations | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹1.03 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹78,146 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8% | ||||
| Net Profit Margin | -0.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Concept Classic Converge Private Limited, buy the company report.
Board of directors of Concept Classic Converge Private Limited
Concept Classic Converge has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jasjeet Chhabra Also directs: Concept Fresh Agritech Private Limited, Concept Fresh Private Limited, Concept Promotions Private Limited and 1 more | Director | 21 May 2018 | 8 Years 5 Months | Current |
| Naunita Chhabra | Director | 02 May 2025 | 1 Years 6 Months | Current |
Auditor
Concept Classic Converge Private Limited is audited by SURAJ SINGRI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURAJ SINGRI & CO. | FY 2023 | 015575S |
Shareholding
The shareholding of Concept Classic Converge 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Concept Classic Converge Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.42 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Dec 2022 | 100653212 | Others | ₹1.2 Cr | Open | |
| 14 Jul 2022 | 100615172 | Hdfc Bank Limited | ₹22.04 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Concept Classic Converge Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Interim or miscellaneous application | Filed against the company by M/S Prodapt Solutions Private Limited | Disposed |
To see the full case history of Concept Classic Converge Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Concept Classic Converge Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Concept Classic Converge has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCC5865H1Z8 | Karnataka | Active | 13 Aug 2018 |
| 07AAHCC5865H1ZE | Delhi | Active | 01 Jul 2024 |
To see the full GST registrations and return filing status of Concept Classic Converge Private Limited, buy the company report.
Recent activity
Concept Classic Converge Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Harbans Singh Chhabra ceased to be Director on 09 May 2025.
Ceased
Harbans Singh Chhabra ceased to be Director.
Appointed
Naunita Chhabra was appointed as Director.
AGM
Concept Classic Converge Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Concept Classic Converge Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 120.00 Lakh with Charge ID 100653212 was registered on 15 Dec 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 22.04 Lakh with Charge ID 100615172 was registered on 14 Jul 2022.
Appointed
Jasjeet Chhabra was appointed as Director.
Incorporation
21 May 2018
Concept Classic Converge Private Limited was registered on 21 May 2018 with Roc Bangalore & aged 8 years 5 months as per MCA records.
Frequently asked questions
Concept Classic Converge is an active private limited company based in Bangalore, Karnataka, India. The company works in general infrastructure services, within the infrastructure and utilities industry. It was incorporated on 21 May 2018 (8+ years old) and is registered under CIN U74999KA2018PTC113280.
Concept Classic Converge has 2 current directors:
- Jasjeet Chhabra - Director
- Naunita Chhabra - Director
The latest financial statements of Concept Classic Converge 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 FY 2019 are in the company report.
The GSTIN of Concept Classic Converge is 29AAHCC5865H1Z8, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 07AAHCC5865H1ZE (Delhi).
The CIN (Corporate Identification Number) of Concept Classic Converge is U74999KA2018PTC113280. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Concept Classic Converge has 1 court case on record: 1 filed against it.
Concept Classic Converge was incorporated on 21 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Harbans Singh Chhabra ceased to be Director on 09 May 2025. Naunita Chhabra was appointed as Director on 02 May 2025. Jasjeet Chhabra was appointed as Director on 21 May 2018.
Yes, Concept Classic Converge is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0191057).
Concept Classic Converge can be reached through the website classicconverge.in. Its registered office is in Bangalore, Karnataka, India.
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