Converge Engineering Profile
Key Indicators
- Authorised Capital ₹ 7.00 M
- Paid Up Capital ₹ 0.11 M
- Company Age 8 Year, 7 Days
- Last Filing with ROC 31 Mar 2024
- Revenue Growth 63.13%
- Profit Growth -99.50%
- Ebitda -77.71%
- Net Worth 875.40%
- Total Assets 356.49%
About Converge Engineering
Converge Engineering Private Limited (CEPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 07 June 2017 (Eight years 7 days old ). Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Engineering Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 7.00 M and a paid-up capital of Rs 0.11 M, as per Ministry of Corporate Affairs (MCA) records.
Ajay Satpute and Surekha Satpute serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74999MH2017PTC295906
- Company No.
295906
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
07 Jun 2017
- Date of AGM
26 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Engineering
What products or services does Converge Engineering Private Limited offer?
Converge Engineering Private Limited offers a wide range of products and services, including Architectural & Civil Engineering, Civil Engineering Service, Product Engineering and Prototyping, Product Engineering Service, Turnkey Consultants & Solutions, Project Consultants, IT, Networking & Automation Solution, IT Solutions, Mechanical Engineering Services, Instrumentation Engineering Services.
Converge Engineering Private Limited
Explore comprehensive data for Converge Engineering Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Converge Engineering?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ajay Satpute  | Managing Director | 07-Jun-2017 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Surekha Satpute | Director | 07-Jun-2017 | Current |
Financial Performance of Converge Engineering.
Converge Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 63.13% increase. The company also saw a substantial fall in profitability, with a 99.5% decrease in profit. The company's net worth Soared by an impressive increase of 875.4%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Converge Engineering?
In 2023, Converge Engineering had a promoter holding of 99.92% and a public holding of 0.08%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Garudadhwaj FoundationAjay Satpute and Surekha Satpute are mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Converge Engineering?
Unlock and access historical data on people associated with Converge Engineering, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Converge Engineering, 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 Engineering's trajectory.
Rating
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
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Converge Engineering
Recent activity within the organization
- Annual General Meeting
Converge Engineering Private Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.
- Balance Sheet
Converge Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Ajay Sadanand Satpute was appointed as a Managing Director was appointed as a Managing Director on 07 Jun 2017 & has been associated with this company since 8 years 7 days .
- Director Appointment
Surekha Ajay Satpute was appointed as a Director was appointed as a Director on 07 Jun 2017 & has been associated with this company since 8 years 7 days .
- Company Incorporation
Converge Engineering Private Limited was registered on 07 Jun 2017 with Roc Mumbai & aged 8 years 7 days as per MCA records.
Frequently asked questions
What is the Incorporation or founding date of Converge Engineering Private Limited?
Converge Engineering Private Limited was incorporated on 07 Jun 2017.
What is authorized share capital and paid-up capital of Converge Engineering Private Limited?
The authorized share capital of Converge Engineering Private Limited is ₹ 7.00 M and paid-up capital is ₹ 0.11 M.
Who are the current board members & directors of Converge Engineering Private Limited?
Currently 2 directors are associated with Converge Engineering Private Limited.
- Ajay Sadanand Satpute
- Surekha Ajay Satpute
What is the registered address of Converge Engineering Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Converge Engineering Private Limited is 2801 Walnut Building T-7 Lbs Road Kanjurmarg, Suburban India, Mumbai, Maharashtra, 400078.
What is the corporate identification number (CIN) and company number of Converge Engineering Private Limited?
The corporate identification number (CIN) of Converge Engineering Private Limited is U74999MH2017PTC295906 and the company number is 295906 as per Ministry of Corporate Affairs (MCA).
What is the official website of Converge Engineering Private Limited?
The Official website of Converge Engineering Private Limited is https://www.converge.net.in
What has been the recent revenue trend for Converge Engineering Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Converge Engineering Private Limited has risen by 63.13%.
What change has been observed in the net worth of Converge Engineering Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Converge Engineering Private Limited has experienced an upsurge of 875.40%.
When was the last Balance Sheet of Converge Engineering Private Limited filed with the ROC?
The most recent Balance Sheet for Converge Engineering Private Limited was filed with the ROC on 31 Mar 2024.
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