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.
Company details
Contact details
Converge Electronics Trading (India) Private Limited's registered office is in Bangalore, Karnataka. Its website is converge.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- 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
To see the full contact details of Converge Electronics Trading (India) Private Limited, buy the company report.
- 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
Brands
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 |
Business activity
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Converge Electronics Trading (India) Private Limited, buy the company report.
Financials of Converge Electronics Trading (India) Private Limited
FY 2025 filings availableConverge Electronics Trading (India) Private Limited reported revenue of ₹13.36 Cr (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| 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
| 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 | |||||
To see the full financial statements and ratios of Converge Electronics Trading (India) Private Limited, buy the company report.
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 7 Months | Current |
| Kim Marie Carr | Director | 08 Jun 2021 | 5 Years 4 Months | Current |
| Eric Andrew Checkoway | Director | 28 Sep 2012 | 14 Years 1 Months | Current |
Auditor
Converge Electronics Trading (India) Private Limited is audited by K S AIYAR & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K S AIYAR & CO | FY 2020 | 100186W |
Shareholding
The shareholding of Converge Electronics Trading (India) Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Converge Electronics Trading (India) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Converge Electronics Trading (India) Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Converge Electronics Trading (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Converge Electronics Trading (India) Private Limited has a workforce of 74 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
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 |
To see the full GST registrations and return filing status of Converge Electronics Trading (India) Private Limited, buy the company report.
Recent activity
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 in the company report.
News
Frequently asked questions
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) has 3 current directors:
- Gopalakrishna Subray Bhat - Director
- Kim Marie Carr - Director
- Eric Andrew Checkoway - Director
The latest financial statements of Converge Electronics Trading (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
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.
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.
The registered office of Converge Electronics Trading (India) is at 3rd Floor B Wing Trifecta Adatto, Whitefield Main Road Garudacharpalya, Bangalore, Karnataka, India – 560048.
Converge Electronics Trading (India) operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
