Convertcart Ai System Private Limited - Company Profile

It is a information technology private limited company based in Bangalore North, Karnataka, India, established in 2019.
2019 Bangalore North, Karnataka, India Active
Last Updated:
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About Convertcart Ai System Private Limited

Convertcart Ai System Private Limited, a active private limited company, was established on 25 December 2019 in Bangalore North, Karnataka, India. Engaging in it consulting & support services within the information and communication sector, it holds CIN: U72900KA2019PTC131007. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹7.00 M and a paid-up capital of ₹6.01 M.

Formerly known as Convertcart Solutions Private Limited. Employing 139 professional, Its leadership includes Naganand Doraswamy (Nominee Director), Shekhar Kapoor (Director), Arun Kumar Kumara Krishnan (Director). Past directors included Shekhar Kapoor, Venkata Regunathan Rajendran. It holds ₹1.00 Cr open charges and ₹1.50 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at No. 33/1, First Floor, Castle Street, Ashok Nagar, Richmond Town, Bangalore North, Karnataka, 560025.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U72900KA2019PTC131007

  • Registration Number

    131007

  • Incorporation Date

    25 December 2019

  • Authorized Capital

    ₹7.00 M

  • Paid-Up Capital

    ₹6.01 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 7.00 M
  • Paid Up Capital ₹ 6.01 M
  • Company Age 6 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.00 Cr
  • Satisfied Charges ₹ 1.50 Cr
  • Revenue Growth **** 0.92%
  • Profit Growth **** -67.01%
  • Ebitda **** 79.77%
  • Net Worth 0.71%
  • Total Assets **** 30.35%
Company report

Convertcart Ai System Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Convertcart Ai System 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 Convertcart Ai System Private Limited?
Current Directors
Name Designation Appointment Date Status
Naganand Doraswamy Nominee Director 13 Mar 2020 Current
Shekhar Kapoor Director 27 Dec 2022 Current
Arun Kumar Kumara Krishnan Director 25 Dec 2019 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 29 Sep 2023 Past
Pramod Abcsdd Director 27 Dec 2022 Past

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Financial Performance of Convertcart Ai System.

Convertcart Solutions Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.92% increase. The company also saw a substantial fall in profitability, with a 67.01% decrease in profit. The company's net worth moved up by a moderate rise of 0.71%.

Convertcart Ai System revenue growth over time
Convertcart Ai System 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
********
 0.92%
*******
*******
*******
*******
Revenue from Operations
*******
 0.69%
*******
*******
*******
*******
Total Assets
*******
 30.35%
*******
*******
*******
*******
Profit or Loss
*******
 -67.01%
*******
*******
*******
*******
Net Worth
*******
 0.71%
*******
*******
*******
*******
EBITDA
*******
 79.77%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Convertcart Ai System?

In 2023, Convertcart Ai System had a public holding of 56.92%. 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

₹10,000,000.00

Satisfied Charges

₹15,000,000.00

Charges Breakdown by Lending Institutions
  • Axis Bank Limited : 1.00 Cr
Latest Charge Details
Date Lender Amount Status
22 Aug 2024 Axis Bank Limited ₹1.00 Cr Open
08 Sep 2022 Others ₹1.50 Cr Satisfied

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How Many Employees Work at Convertcart Ai System?

Convertcart Ai System has a workforce of 139 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 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 Convertcart Ai System, 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 Convertcart Ai System'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 Convertcart Ai System
Recent Activity within the Organization
  • Annual General Meeting

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

  • Charges

    The activity A charge registered on 08 Sep 2022 via Charge ID 100626247 with Others was fully satisfied on 24 Sep 2024. was completed.

  • Charges

    Progress on A charge with Axis Bank Limited amounted to Rs. 10.00 M with Charge ID 100968132 was registered on 22 Aug 2024. was documented.

  • Balance Sheet

    The activity Convertcart Ai System Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was completed.

  • Director Appointment

    The activity Shekhar Kapoor was appointed as a Director was appointed as a Director on 27 Dec 2022 & has been associated with this company since 3 years 3 months . was completed.

  • Charges

    A charge with Others amounted to Rs. 15.00 M with Charge ID 100626247 was registered on 08 Sep 2022. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Convertcart Ai System Private Limited?

The CIN of Convertcart Ai System Private Limited is U72900KA2019PTC131007.

Where is Convertcart Ai System Private Limited headquartered?

Convertcart Ai System Private Limited is headquartered at No. 33/1, First Floor, Castle Street, Ashok Nagar, Richmond Town, Bangalore North, Karnataka, 560025.

When was Convertcart Ai System Private Limited incorporated?

Convertcart Ai System Private Limited was incorporated on 25 December 2019.

Who are the current directors of Convertcart Ai System Private Limited?

The current directors of Convertcart Ai System Private Limited are

What is the primary industry of Convertcart Ai System Private Limited?

The primary industry of Convertcart Ai System Private Limited is Information And Communication.

Is Convertcart Ai System Private Limited a listed company?

Convertcart Ai System Private Limited is unlisted.

What is the capital structure of Convertcart Ai System Private Limited?

The authorized capital of Convertcart Ai System Private Limited is ₹7.00 M, and the paid-up capital is ₹6.01 M.

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