Convergence Chemicals Private Limited - Company Profile

It is a chemicals and materials private limited company based in Mumbai, Maharashtra, India, established in 2014.
2014 Mumbai, Maharashtra, India Amalgamated
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About Convergence Chemicals Private Limited

Convergence Chemicals Private Limited, a amalgamated private limited company, was established on 19 November 2014 in Mumbai, Maharashtra, India. Engaging in specialty chemicals within the manufacturing sector, it holds CIN: U24100MH2014PTC373507. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹85.00 Cr and a paid-up capital of ₹70.01 Cr.

It upholds a compliant status. Employing 110 professional, Its leadership includes Surinder Bhawanidas Gulati (Director), Vivek Valsaraj (Director). Past directors included Sujal Shah Anil, Saket Guha, Surinder Bhawanidas Gulati. It holds ₹240.00 Cr open charges and no settled loans. Its latest AGM occurred on 17 September 2021, with the balance sheet filed on 31 March 2021. It is based at Ground Floor, Piramal Ananta, Agastya Corporate Park, Kamani Junction, Lbs Marg, Kurla W, Est, Mumbai, Maharashtra, 400070.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U24100MH2014PTC373507

  • Registration Number

    373507

  • Incorporation Date

    19 November 2014

  • Authorized Capital

    ₹85.00 Cr

  • Paid-Up Capital

    ₹70.01 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Amalgamated

Key Metrics
  • Authorised Capital ₹ 85.00 Cr
  • Paid Up Capital ₹ 70.01 Cr
  • Company Age 11 Year, 3 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 240.00 Cr
  • Revenue Growth **** 10.13%
  • Profit Growth **** 41.50%
  • Ebitda **** 12.57%
  • Net Worth 25.80%
  • Total Assets -0.53%
Company report

Convergence Chemicals Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Convergence Chemicals 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 Convergence Chemicals Private Limited?
Current Directors
Name Designation Appointment Date Status
Surinder Bhawanidas Gulati Director 27 Apr 2015 Current
Vivek Valsaraj Director 19 Nov 2014 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 24 Feb 2021 Past
Pramod Abcsdd Manager - Past
Pramod Abcsdd Additional Director 28 Jul 2015 Past
Pramod Abcsdd Director 24 Apr 2017 Past
Pramod Abcsdd Director 24 Feb 2021 Past
Pramod Abcsdd Director 03 Feb 2016 Past

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Financial Performance of Convergence Chemicals.

Convergence Chemicals Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 10.13% increase. The company also saw a substantial improvement in profitability, with a 41.5% increase in profit. The company's net worth Soared by an impressive increase of 25.8%.

Convergence Chemicals revenue growth over time
Convergence Chemicals profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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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 10.13%
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*******
*******
*******
Revenue from Operations
*******
 11.50%
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*******
*******
*******
Total Assets
*******
 -0.53%
*******
*******
*******
*******
Profit or Loss
*******
 41.50%
*******
*******
*******
*******
Net Worth
*******
 25.80%
*******
*******
*******
*******
EBITDA
*******
 12.57%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Convergence Chemicals?

In 2021, Convergence Chemicals 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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Charges (Loans)
Open Charges

₹2,400,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Axis Bank Limited : 240.00 Cr
Latest Charge Details
Date Lender Amount Status
15 Sep 2021 Axis Bank Limited ₹95.00 Cr Open
15 Sep 2021 Axis Bank Limited ₹30.00 Cr Open
07 Nov 2019 Axis Bank Limited ₹115.00 Cr Open

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How Many Employees Work at Convergence Chemicals?

Convergence Chemicals has a workforce of 110 employees as of Mar 28, 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 Convergence Chemicals, 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 Convergence Chemicals'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

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.

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Latest Updates, News, and FAQs on Convergence Chemicals
Recent Activity within the Organization
  • Annual General Meeting

    Convergence Chemicals Private Limited last Annual general meeting of members was held on 17 Sep 2021 as per latest MCA records. was recorded as a recent event.

  • Charges

    The activity A charge with Axis Bank Limited amounted to Rs. 95.00 Cr with Charge ID 100487392 was registered on 15 Sep 2021. was completed.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 30.00 Cr with Charge ID 100487379 was registered on 15 Sep 2021. was recorded as a recent event.

  • Director Appointment

    Progress on Akshita Jain was appointed as a Company Secretary was appointed as a Company Secretary on 03 Sep 2021 & has been associated with this company since 4 years 6 months . was documented.

  • Director Appointment

    The activity Divya Taldar was appointed as a CFO was appointed as a CFO on 03 May 2021 & has been associated with this company since 4 years 10 months . was completed.

  • Balance Sheet

    Convergence Chemicals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Convergence Chemicals Private Limited?

The CIN of Convergence Chemicals Private Limited is U24100MH2014PTC373507.

Where is Convergence Chemicals Private Limited headquartered?

Convergence Chemicals Private Limited is headquartered at Ground Floor, Piramal Ananta, Agastya Corporate Park, Kamani Junction, Lbs Marg, Kurla W, Est, Mumbai, Maharashtra, 400070.

When was Convergence Chemicals Private Limited incorporated?

Convergence Chemicals Private Limited was incorporated on 19 November 2014.

Who are the current directors of Convergence Chemicals Private Limited?

The current directors of Convergence Chemicals Private Limited are

What is the primary industry of Convergence Chemicals Private Limited?

The primary industry of Convergence Chemicals Private Limited is Manufacturing.

Is Convergence Chemicals Private Limited a listed company?

Convergence Chemicals Private Limited is unlisted.

What is the capital structure of Convergence Chemicals Private Limited?

The authorized capital of Convergence Chemicals Private Limited is ₹85.00 Cr, and the paid-up capital is ₹70.01 Cr.

What is the compliance status of Convergence Chemicals Private Limited?

The compliance status of Convergence Chemicals Private Limited is Compliant.

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