Convergence Steel Private Limited Company Logo

Convergence Steel Private Limited - Company Profile

It is a metals and minerals private limited company based in Mumbai, Maharashtra, India, established in 2019.

2019 | Mumbai, Maharashtra, India | Active
Last Updated:

About Convergence Steel Private Limited

Convergence Steel Private Limited, a active private limited company, was established on 26 November 2019 in Mumbai, Maharashtra, India. Engaging in metal retail & distribution within the professional, scientific and technical sector, it holds CIN: U52609MH2019PTC333611. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹2.50 Cr and a paid-up capital of ₹1.70 Cr.

Employing 8 professional, Its leadership includes Abhishek Dilipkumar Jha (Director), Ashutosh Singh (Director). Past directors included Rajeev Sinha. It holds ₹26.31 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 703 Vihan Walbhat Road Goregaon (East), Mumbai, Maharashtra, 400063.

Company Details

  • CIN/LLPIN

    U52609MH2019PTC333611

  • Registration Number

    333611

  • Incorporation Date

    26 November 2019

  • Authorized Capital

    ₹2.50 Cr

  • Paid-Up Capital

    ₹1.70 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 1.70 Cr
  • Company Age 6 Year, 27 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 26.31 Cr
  • Revenue Growth 196.40%
  • Profit Growth 137.22%
  • Ebitda 121.68%
  • Net Worth 189.30%
  • Total Assets 38.42%
Company report

Convergence Steel Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Convergence Steel 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 Steel Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Abhishek Dilipkumar JhaDirector26 Nov 2019Current
Ashutosh SinghDirector26 Nov 2019Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director30 Sep 2022Past

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Financial Performance of Convergence Steel.

Convergence Steel Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 196.4% increase. The company also saw a substantial improvement in profitability, with a 137.22% increase in profit. The company's net worth Soared by an impressive increase of 189.3%.

Convergence Steel revenue growth over time
Convergence Steel profit and loss trends over time
  • 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
196.40%
Revenue from Operations
196.44%
Total Assets
38.42%
Profit or Loss
137.22%
Net Worth
189.30%
EBITDA
121.68%

What is the Ownership and Shareholding Structure of Convergence Steel?

In 2023, Convergence Steel had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹263,068,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 16.31 Cr
  • Standard Chartered Bank : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
19 Feb 2024Standard Chartered Bank₹10.00 CrOpen
09 Mar 2023Hdfc Bank Limited₹16.31 CrOpen

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How Many Employees Work at Convergence Steel?

Convergence Steel has a workforce of 8 employees as of Apr 07, 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 growth trends for Convergence Steel Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Convergence Steel, 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 Steel'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.

Latest Updates, News, and FAQs on Convergence Steel

Recent Activity within the Organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 16.31 Cr registered on 09 Mar 2023 with Charge ID 100708242 was modified on 17 Oct 2025. was recorded as a recent event.

  • Annual General Meeting

    The activity Convergence Steel Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Convergence Steel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was recorded as a recent event.

  • Charges

    Progress on A charge with Standard Chartered Bank amounted to Rs. 10.00 Cr with Charge ID 100887090 was registered on 19 Feb 2024. was documented.

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 16.31 Cr with Charge ID 100708242 was registered on 09 Mar 2023. was completed.

  • Director Appointment

    Abhishek Dilipkumar Jha was appointed as a Director was appointed as a Director on 26 Nov 2019 & has been associated with this company since 6 years 27 days . was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Convergence Steel Private Limited?

    The CIN of Convergence Steel Private Limited is U52609MH2019PTC333611.

  • Where is Convergence Steel Private Limited headquartered?

    Convergence Steel Private Limited is headquartered at 703 Vihan Walbhat Road Goregaon (East), Mumbai, Maharashtra, 400063.

  • When was Convergence Steel Private Limited incorporated?

    Convergence Steel Private Limited was incorporated on 26 November 2019.

  • Who are the current directors of Convergence Steel Private Limited?

    The current directors of Convergence Steel Private Limited are

  • What is the primary industry of Convergence Steel Private Limited?

    The primary industry of Convergence Steel Private Limited is Professional, Scientific And Technical.

  • Is Convergence Steel Private Limited a listed company?

    Convergence Steel Private Limited is unlisted.

  • What is the capital structure of Convergence Steel Private Limited?

    The authorized capital of Convergence Steel Private Limited is ₹2.50 Cr, and the paid-up capital is ₹1.70 Cr.

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