Converge Mines Private Limited

Converge Mines Private Limited - business services in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U08106KA2023PTC177196 Incorporated 10 August 2023 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company
Data last updated
Revenue · FY 2025
₹8.64 Lakh
Latest filing
Net loss · FY 2025
₹60.6 Lakh
Latest filing
EBITDA · FY 2025
-₹74.99 Lakh
Latest filing
Authorised capital
₹40 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Company age
3 yrs
Est. 2023
Directors on board
6
As per MCA filings
Last financials
Mar 2025
Balance sheet date

About Converge Mines Private Limited

Data last updated:

Converge Mines Private Limited is a private limited company based in Bangalore, Karnataka, India. It was incorporated on 10 August 2023.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U08106KA2023PTC177196.

The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Thandassery Karthikeyan Saleesh and Bineesh Kattil Parambath.

Its last annual general meeting (AGM) was held on 30 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 ₹8.64 Lakh. For the same year it recorded a net loss of ₹60.6 Lakh and EBITDA of -₹74.99 Lakh.

Company details

CIN U08106KA2023PTC177196
Registration Number 177196
Incorporation Date 10 August 2023
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025

Contact details

Converge Mines Private Limited's registered office is in Bangalore, Karnataka.

  • Registered Address
    6/1 – A Ramachandrapura, Main Road Chamundeshwari, Bangalore, Karnataka, India – 560097
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Financials of Converge Mines Private Limited

FY 2025 filings available

Converge Mines Private Limited reported revenue of ₹8.64 Lakh for FY 2025.

Revenue · FY 2025
₹8.64 Lakh
Net loss · FY 2025
₹60.6 Lakh
EBITDA · FY 2025
-₹74.99 Lakh

Financial Statement Summary

MetricsFY 2024-25FY 2023-24
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-₹74.99 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹60.6 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

MetricsFY 2024-25FY 2023-24
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 Mines Private Limited, buy the company report.

Board of directors of Converge Mines Private Limited

Converge Mines has 6 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Thandassery Karthikeyan SaleeshDirector10 Aug 20233 Years 2 MonthsCurrent
Bineesh Kattil ParambathDirector10 Aug 20233 Years 2 MonthsCurrent
Mohan BibinDirector20 Jan 20242 Years 9 MonthsCurrent
Vyshak Reshma JayanDirector10 Aug 20233 Years 2 MonthsCurrent
Sabin SreenivasDirector10 Aug 20233 Years 2 MonthsCurrent
Majeed Karothukuzhi PareedDirector10 Aug 20233 Years 2 MonthsCurrent

Peer comparison

Converge Mines Private Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Construction Materials), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Susaka Projects Private Limited₹8.92 Lakh (FY 2021)-73.0%Navi Mumbai, Maharashtra, India
Revoblox Systems Private Limited₹8.87 Lakh (FY 2021)-85.0%Visakhapatnam, Andhra Pradesh, India
Hindustan Refractory Private Limited₹8.82 Lakh (FY 2025)5703.0%Bhubaneswar, Odisha, India
Vatsa Refractory Private Limited₹8.75 Lakh (FY 2025)-93.0%Bhilai, Chhattisgarh, India
Shree Ramjeelal Alloys Private Limited₹8.65 Lakh (FY 2025)-84.0%Kolkata, West Bengal, India
Converge Mines Private Limitedthis company₹8.64 Lakh (FY 2025)-₹60.6 LakhBangalore, Karnataka, India
BD Ecordial Private Limited₹8.6 Lakh (FY 2018)-90.0%Valsad, Gujarat, India
Madhav Stonex Private Limited₹8.5 Lakh (FY 2025)-83.0%Rajsamand, Rajasthan, India
Rajvir Concrete Private Limited₹8.4 Lakh (FY 2024)65.0%Bhiwadi, Rajasthan, India
Rajsree Granite Limited₹8.39 Lakh (FY 2024)9.0%Kolkata, West Bengal, India
Citystar Griha Udyog Private Limited₹8.25 Lakh (FY 2025)1.0%Kolkata, West Bengal, India

To see the full peer comparison of Converge Mines Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Converge Mines 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 Mines Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Converge Mines Private Limited has 8 board changes on record since 2023: 6 appointments and 2 cessations. The latest: Mohan Bibin ceased to be Additional Director on 29 Dec 2024.

AGM
Converge Mines Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Converge Mines Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Mohan Bibin ceased to be Additional Director.
Appointed
Mohan Bibin was appointed as Director.
Ceased
Zulfikar Abdul Razack ceased to be Director.
Appointed
Bineesh Kattil Parambath was appointed as Director.
Appointed
Majeed Karothukuzhi Pareed was appointed as Director.
Appointed
Sabin Sreenivas was appointed as Director.
Appointed
Thandassery Karthikeyan Saleesh was appointed as Director.
Appointed
Vyshak Reshma Jayan was appointed as Director.
Incorporation
10 Aug 2023
Converge Mines Private Limited was registered on 10 Aug 2023 with Roc Bangalore & aged 3 years 2 months as per MCA records.

Frequently asked questions

Converge Mines is an active private limited company based in Bangalore, Karnataka, India. It was incorporated on 10 August 2023 (3+ years old) and is registered under CIN U08106KA2023PTC177196.

Converge Mines has 6 current directors:

The latest financial statements of Converge Mines on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2024 are in the company report.

The CIN (Corporate Identification Number) of Converge Mines is U08106KA2023PTC177196. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Converge Mines was incorporated on 10 August 2023, making it 3+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Converge Mines by revenue are Susaka Projects Private Limited, Revoblox Systems Private Limited, Hindustan Refractory Private Limited, Vatsa Refractory Private Limited, Shree Ramjeelal Alloys Private Limited and 5 more, all in the Manufacturing industry (Construction Materials).

Mohan Bibin ceased to be Additional Director on 29 Dec 2024. Mohan Bibin was appointed as Director on 20 Jan 2024. Zulfikar Abdul Razack ceased to be Director on 06 Oct 2023. Converge Mines has 8 board changes on record in total.

The registered office of Converge Mines is at 61 – A Ramachandrapura, Main Road Chamundeshwari, Bangalore, Karnataka, India – 560097.

Converge Mines can be reached at its registered office: 61 – A Ramachandrapura, Main Road Chamundeshwari, Bangalore, Karnataka, India – 560097.

Converge Mines is registered under the jurisdiction of the Registrar of Companies (ROC), Bangalore.