Converge Forex Private Limited
About Converge Forex Private Limited
Data last updated:
Converge Forex Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the insurance and pension services segment of the insurance sector. It was incorporated on 13 November 2017.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U67200MH2017PTC301733.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It was led by directors Satyanarayan Thakur Shivnath and Rakesh Bhabutmal Jain.
Its last annual general meeting (AGM) was held on 01 October 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at 203 Peninsula Corporate Park Tower 1 A Wing G.K. Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
Company details
Contact details
Converge Forex Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address203 Peninsula Corporate Park Tower 1 A Wing G.K. Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryInsurance, Insurance & Pension Services
To see the full contact details of Converge Forex 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
Financials of Converge Forex Private Limited
FY 2021 filings availableFinancial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| 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 | ||||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ||||
| 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | ||||
| Net Profit Margin | ||||
| 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 Forex Private Limited, buy the company report.
Board of directors of Converge Forex Private Limited
Converge Forex has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satyanarayan Thakur Shivnath Also directs: Remus Foods and Milk Products Private Limited, Remus Habitat Private Limited, Sumer Reality (India) Private Limited and 5 more | Additional Director | 29 May 2019 | 7 Years 5 Months | As last reported |
| Rakesh Bhabutmal Jain | Additional Director | 29 May 2019 | 7 Years 5 Months | As last reported |
Legal cases
No court or tribunal cases involving Converge Forex 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 Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Converge Forex Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Converge Forex Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Rahul Ramesh Shah ceased to be Director on 29 May 2019.
Frequently asked questions
Converge Forex has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Converge Forex was a private limited company based in Mumbai, Maharashtra, India. The company worked in insurance and pension services, within the insurance industry. It was incorporated on 13 November 2017 and is registered under CIN U67200MH2017PTC301733. The company has been struck off by the Registrar of Companies and is no longer operational.
Converge Forex had 2 directors:
- Satyanarayan Thakur Shivnath - Additional Director
- Rakesh Bhabutmal Jain - Additional Director
The CIN (Corporate Identification Number) of Converge Forex is U67200MH2017PTC301733. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Converge Forex is at 203 Peninsula Corporate Park Tower 1 A Wing G.K. Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
Converge Forex was incorporated on 13 November 2017. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Converge Forex on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 01 October 2021. Year-wise statements from FY 2018 are in the company report.
Converge Forex operated in the insurance industry, in the insurance and pension services segment. It worked in this industry before it was struck off.
Rahul Ramesh Shah ceased to be Director on 29 May 2019. Rakesh Bhabutmal Jain was appointed as Additional Director on 29 May 2019. Ramesh Sumermal Shah ceased to be Director on 29 May 2019. Converge Forex has 4 board changes on record in total.
The compliance status of Converge Forex is compliant as of 10 August 2026.
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.
