About Convergence Energy Services Limited
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Convergence Energy Services Limited is a public limited company based in New Delhi, Delhi, India, a subsidiary of Energy Efficiency Services Limited. It operates in the clean energy solutions segment of the environmental services sector. It was incorporated on 29 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U40300DL2020PLC372412. Its GSTIN is 07AAJCC0825D1Z2 (Delhi). The company holds 26 GST registrations, all of them active.
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹59.21 Cr. It was formerly known as Convergence Energy Services Private Limited. It is led by directors including Akhilesh Kumar Dixit (Managing Director) and Shankar Gopal.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 9th Floor Jeevan Prakash Building, 25 Kg Marg, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2025, the company reported a revenue of ₹55.73 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹64.58 Lakh (net margin 1.2%) and EBITDA of ₹25.8 Cr (EBITDA margin 46.3%). Revenue has grown at a compounded annual rate (CAGR) of 76% over three years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15.18 Cr on record. Court records list 11 cases involving the company, including 11 filed against it; 3 cases are pending. The company has 1 deal on record (1 rights issue); the latest was in February 2022. The company has 5 MSME Form 1 returns on record between 2022 and 2024, listing 81 overdue payments to 22 micro and small suppliers.
For more details, the company can be reached via its website convergence.co.in.
Company details
CIN history
Convergence Energy Services has one previous CIN (Corporate Identification Number): U40300DL2020PTC372412. The current CIN is U40300DL2020PLC372412, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40300DL2020PLC372412 | Current |
| U40300DL2020PTC372412 | Previous |
Contact details
Convergence Energy Services Limited's registered office is in New Delhi, Delhi. Its website is convergence.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address9th Floor Jeevan Prakash Building, 25 Kg Marg, New Delhi, Delhi, India – 110001
- IndustryEnvironment, Clean Energy Solutions
To see the full contact details of Convergence Energy Services 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
Business activity
The main business activity of Convergence Energy Services is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Convergence Energy Services Limited, buy the company report.
Financials of Convergence Energy Services Limited
FY 2025 filings availableConvergence Energy Services Limited reported revenue of ₹55.73 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 76% over three years, including 10% growth in the latest year. EBITDA fell 21% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹25.8 Cr | ||||
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| Net Profit (PAT) | ₹64.58 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 46.3% | ||||
| Net Profit Margin | 1.2% | ||||
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To see the full financial statements and ratios of Convergence Energy Services Limited, buy the company report.
Board of directors and KMP of Convergence Energy Services Limited
Convergence Energy Services Limited currently reports 4 directors and 1 key managerial person. 10 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shankar Gopal Also directs: Epsl Trigeneration Private Limited | Nominee Director | 29 Oct 2020 | 6 Years 0 Months | Current |
| Jagjeet Singh Dadiala | Cfo | 05 Apr 2021 | 5 Years 6 Months | Current |
| Aravind Babu | Nominee Director | 18 Jul 2025 | 1 Years 3 Months | Current |
| Akhilesh Kumar Dixit Also directs: Intellismart Infrastructure Private Limited | Managing Director | 25 Jun 2025 | 1 Years 4 Months | Current |
| Yatindra Dwivedi Also directs: Power Grid Corporation of India Limited, Bihar Grid Company Limited, North East Transmission Company Limited and 5 more | Nominee Director | 02 Feb 2024 | 2 Years 9 Months | Current |
Auditor
Convergence Energy Services Limited is audited by VGHSR and Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VGHSR and Associates LLP | FY 2023 | 007915N/N500393 |
Shareholding
The shareholding of Convergence Energy Services Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Convergence Energy Services Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 May 2023 | 100732601 | State Bank of India | ₹15.18 Cr | Open |
To see the full charge records of Convergence Energy Services Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Convergence Energy Services Limited has 1 deal on record (1 rights issue); the latest was in February 2022.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2022 | Rights issue | ₹59.21 Cr | Investors: Energy Efficiency Services Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Convergence Energy Services Limited has 11 court cases on record: 11 filed against it. 3 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 9 | 2 |
| District courts | 1 | 1 | 0 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Arbitration matter | Filed against the company by M/S HPL Electric and Power Ltd | Pending |
| High Court, TELANGANA | Writ petition | Filed against the company by Sri. Sai Sree Infra Projects (P) Ltd | Pending |
| District court, New Delhi, Delhi | Court case (OMP (I) (COMM.)) | Filed against the company by M/S HPL Electric Power and Pvt Ltd | Disposed |
| High Court of Delhi | Writ petition | Filed against the company by Patanjali Renewable Energy Private Limited | Disposed |
| High Court of Delhi | Writ petition | Filed against the company by Ohm Global Mobility Private Limited | Disposed |
To see the full case history of Convergence Energy Services Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Convergence Energy Services Limited has 5 MSME Form 1 returns on record between 2022 and 2024, listing 81 overdue payments to 22 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 22)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Tulsyan Security Services Private Limited | |||
| an individual supplier | |||
| Aarvi Encon Limited | |||
| Hoh Tech Labs Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Convergence Energy Services Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Convergence Energy Services Limited has a workforce of 7 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Convergence Energy Services has 26 GST registrations: 26 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAJCC0825D1Z2 | Delhi | Active | 19 Jan 2021 |
| 07AAJCC0825D1DB | Delhi | Active | 28 Apr 2021 |
| 07AAJCC0825D1CD | Delhi | Active | 24 Jan 2022 |
| 09AAJCC0825D1ZY | Uttar Pradesh | Active | 03 Feb 2021 |
To see the full GST registrations and return filing status of Convergence Energy Services Limited, buy the company report.
Recent activity
Convergence Energy Services Limited has 25 board changes on record since 2020: 15 appointments and 10 cessations. The latest: Aravind Babu was appointed as Nominee Director on 18 Jul 2025.
18 earlier events are in the company report.
News
Frequently asked questions
Convergence Energy Services is an active public limited company based in New Delhi, Delhi, India. The company works in clean energy solutions, within the environment industry. It was incorporated on 29 October 2020 (6+ years old) and is registered under CIN U40300DL2020PLC372412.
Convergence Energy Services has 5 current directors and KMP:
- Akhilesh Kumar Dixit - Managing Director
- Shankar Gopal - Nominee Director
- Aravind Babu - Nominee Director
- Yatindra Dwivedi - Nominee Director
- Jagjeet Singh Dadiala - Cfo
The latest financial statements of Convergence Energy Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Convergence Energy Services is 07AAJCC0825D1Z2, registered in Delhi. The company has 26 GST registrations in all, of which 26 are active. Other active GSTINs include 07AAJCC0825D1DB (Delhi), 07AAJCC0825D1CD (Delhi), 09AAJCC0825D1ZY (Uttar Pradesh).
The CIN (Corporate Identification Number) of Convergence Energy Services is U40300DL2020PLC372412. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Convergence Energy Services has 11 court cases on record: 11 filed against it. 3 are pending. Most are in the high courts.
Convergence Energy Services was incorporated on 29 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Delhi.
Convergence Energy Services has 1 deal on record (1 rights issue); the latest was in February 2022.
Aravind Babu was appointed as Nominee Director on 18 Jul 2025. Anil Kumar Jadli ceased to be Nominee Director on 04 Jul 2025. Akhilesh Kumar Dixit was appointed as Managing Director on 25 Jun 2025. Convergence Energy Services has 25 board changes on record in total.
Convergence Energy Services has 5 MSME Form 1 returns on record between 2022 and 2024, listing 81 overdue payments to 22 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Convergence Energy Services can be reached through the website convergence.co.in. Its registered office is in New Delhi, Delhi, India.
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