Converge Electronics Trading (India) Private Limited - Company Profile

It is a consumer electronics & durables foreign private limited company based in Bangalore North, Karnataka, India, established in 2010.
2010 Bangalore North, Karnataka, India Active
Last Updated:
About Converge Electronics Trading (India) Private Limited

Converge Electronics Trading (India) Private Limited, a active foreign private limited company, was established on 23 March 2010 in Bangalore North, Karnataka, India. Engaging in electronic appliances retail & distribution within the consumer electronics & durables sector, it holds CIN: U51900KA2010FTC052955. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.99 M.

It upholds a compliant status. Employing 74 professional, Its leadership includes Gopalakrishna Subray Bhat (Director), Kim Marie Carr (Director), Eric Andrew Checkoway (Director). Past directors included Kim Marie Carr, Ronald Charles Summit, Kevin John Harney. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 3Rd Floor, B Wing, Trifecta Adatto,, Whitefield Main Road, Garudacharpalya, Bangalore North, Karnataka, 560048.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U51900KA2010FTC052955

  • Registration Number

    052955

  • Incorporation Date

    23 March 2010

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹0.99 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.99 M
  • Company Age 15 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth **** -14.81%
  • Profit Growth **** -35.46%
  • Ebitda **** -12.98%
  • Net Worth 22.23%
  • Total Assets **** 15.37%
Company report

Converge Electronics Trading (India) Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Converge Electronics Trading (India) Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Converge Electronics Trading (India) Private Limited?
Current Directors
Name Designation Appointment Date Status
Gopalakrishna Subray Bhat Director 23 Mar 2010 Current
Kim Marie Carr Director 08 Jun 2021 Current
Eric Andrew Checkoway Director 28 Sep 2012 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 25 Nov 2021 Past
Pramod Abcsdd Director 31 Mar 2021 Past
Pramod Abcsdd Director 01 Feb 2012 Past
Pramod Abcsdd Director 20 Apr 2015 Past
Pramod Abcsdd Director 26 Sep 2016 Past
Pramod Abcsdd Director 09 Oct 2011 Past

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Financial Performance of Converge Electronics Trading (India).

Converge Electronics Trading (India) Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 14.81% decrease. The company also saw a substantial fall in profitability, with a 35.46% decrease in profit. The company's net worth Soared by an impressive increase of 22.23%.

Converge Electronics Trading (India) revenue growth over time
Converge Electronics Trading (India) profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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-14.81%
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*******
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Revenue from Operations
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-14.95%
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*******
*******
Total Assets
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15.37%
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*******
*******
Profit or Loss
*******
-35.46%
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Net Worth
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22.23%
*******
*******
*******
*******
EBITDA
*******
-12.98%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Converge Electronics Trading (India)?

In 2020, Converge Electronics Trading (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Converge Electronics Trading (India)?

Converge Electronics Trading (India) has a workforce of 74 employees as of Apr 02, 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.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Converge Electronics Trading (India), 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 Converge Electronics Trading (India)'s trajectory.

Rating
Graph displaying rating trends over time

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
Alert Indicator

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Latest Updates, News, and FAQs on Converge Electronics Trading (India)
Recent Activity within the Organization
  • Annual General Meeting

    The activity Converge Electronics Trading (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Converge Electronics Trading (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was documented.

  • Director Appointment

    Kim Marie Carr was appointed as a Director was appointed as a Director on 08 Jun 2021 & has been associated with this company since 4 years 8 months . was recorded as a recent event.

  • Director Appointment

    Eric Andrew Checkoway was appointed as a Director was appointed as a Director on 28 Sep 2012 & has been associated with this company since 13 years 4 months . was recorded as a recent event.

  • Director Appointment

    The activity Gopalakrishna Subray Bhat was appointed as a Director was appointed as a Director on 23 Mar 2010 & has been associated with this company since 15 years 10 months . was completed.

  • Company Incorporation

    Converge Electronics Trading (India) Private Limited was registered on 23 Mar 2010 with Roc Bangalore & aged 15 years 10 months as per MCA records. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Converge Electronics Trading (India) Private Limited?

The CIN of Converge Electronics Trading (India) Private Limited is U51900KA2010FTC052955.

Where is Converge Electronics Trading (India) Private Limited headquartered?

Converge Electronics Trading (India) Private Limited is headquartered at 3Rd Floor, B Wing, Trifecta Adatto,, Whitefield Main Road, Garudacharpalya, Bangalore North, Karnataka, 560048.

When was Converge Electronics Trading (India) Private Limited incorporated?

Converge Electronics Trading (India) Private Limited was incorporated on 23 March 2010.

Who are the current directors of Converge Electronics Trading (India) Private Limited?

The current directors of Converge Electronics Trading (India) Private Limited are

What is the primary industry of Converge Electronics Trading (India) Private Limited?

The primary industry of Converge Electronics Trading (India) Private Limited is Consumer Electronics & Durables.

Is Converge Electronics Trading (India) Private Limited a listed company?

Converge Electronics Trading (India) Private Limited is unlisted.

What is the capital structure of Converge Electronics Trading (India) Private Limited?

The authorized capital of Converge Electronics Trading (India) Private Limited is ₹1.00 M, and the paid-up capital is ₹0.99 M.

What is the compliance status of Converge Electronics Trading (India) Private Limited?

The compliance status of Converge Electronics Trading (India) Private Limited is Compliant.

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