Convergence Enterprise Private Limited
About Convergence Enterprise Private Limited
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Convergence Enterprise Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the equipment segment of the automobiles sector. It was incorporated on 02 December 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U50300GJ2011PTC068050. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Neeru Ashok Chhajed and Arist Ashok Chhajed.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 21 Shanker Society No 1 Opp Suflam Flat Nr Amikunj Char Rasta Naranpurs, Ahmedabad, Gujarat, India – 380013.
As per the financials filed for FY 2017, the company reported a revenue of ₹8.77 Lakh. For the same year it recorded a net loss of ₹24.05 Lakh (net margin -274.2%) and EBITDA of ₹6.82 Lakh (EBITDA margin 77.7%).
As per MCA filings, the company has satisfied charges of ₹6.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Convergence Enterprise Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address21 Shanker Society No 1 Opp Suflam Flat Nr Amikunj Char Rasta Naranpurs, Ahmedabad, Gujarat, India – 380013
- IndustryAutomobile, Equipment, Motor Vehicles, Renting, Capital Goods, Machinery
To see the full contact details of Convergence Enterprise 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
Business activity
The main business activity of Convergence Enterprise is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities |
To see the full business activity and turnover split of Convergence Enterprise Private Limited, buy the company report.
Financials of Convergence Enterprise Private Limited
FY 2025 filings availableConvergence Enterprise Private Limited reported revenue of ₹8.77 Lakh for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹8.77 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
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| Total Expenses | |||
| EBITDA | ₹6.82 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹24.05 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 77.7% | ||
| Net Profit Margin | -274.2% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
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To see the full financial statements and ratios of Convergence Enterprise Private Limited, buy the company report.
Board of directors of Convergence Enterprise Private Limited
Convergence Enterprise 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 |
|---|---|---|---|---|
| Neeru Ashok Chhajed | Director | 09 Dec 2011 | 14 Years 10 Months | Current |
| Arist Ashok Chhajed Also directs: Phoenix Manfin Private Limited | Additional Director | 14 Dec 2015 | 10 Years 10 Months | Current |
Auditor
Convergence Enterprise Private Limited is audited by Pankaj Ghiya & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Pankaj Ghiya & Associates | FY 2017 | 125017W |
Shareholding
The shareholding of Convergence Enterprise Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Convergence Enterprise Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Apr 2012 | 10353144 | Corporation Bank | ₹6.5 Cr | Satisfied |
To see the full charge records of Convergence Enterprise Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Convergence Enterprise 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 Convergence Enterprise Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Convergence Enterprise has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Convergence Enterprise Private Limited, buy the company report.
Recent activity
Convergence Enterprise Private Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Arist Ashok Chhajed was appointed as Additional Director on 14 Dec 2015.
Frequently asked questions
Convergence Enterprise is an active private limited company based in Ahmedabad, Gujarat, India. The company works in equipment, within the automobile industry. It was incorporated on 02 December 2011 (15+ years old) and is registered under CIN U50300GJ2011PTC068050.
Convergence Enterprise has 2 current directors:
- Neeru Ashok Chhajed - Director
- Arist Ashok Chhajed - Additional Director
The latest financial statements of Convergence Enterprise on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
No. Convergence Enterprise has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Convergence Enterprise is U50300GJ2011PTC068050. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Convergence Enterprise was incorporated on 02 December 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Arist Ashok Chhajed was appointed as Additional Director on 14 Dec 2015. Saurabh Vinodkumar Sharma ceased to be Director on 14 Dec 2015. Jyotika Sharma ceased to be Director on 09 Dec 2011. Convergence Enterprise has 4 board changes on record in total.
The registered office of Convergence Enterprise is at 21 Shanker Society No 1 Opp Suflam Flat Nr Amikunj Char Rasta Naranpurs, Ahmedabad, Gujarat, India – 380013.
Convergence Enterprise operates in the automobile industry, in the equipment segment.
Convergence Enterprise has no open charges and satisfied charges of ₹6.5 Cr as per latest MCA filings.