
About Cygnus Convergence Private Limited
Data last updated:
Cygnus Convergence Private Limited is a private limited company based in Kochi, Kerala, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 03 August 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72200KL2011PTC029025. Its GSTIN is 32AAECC4997P1Z0 (Kerala).
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sueby Sunil (Managing Director) and Shaji Chalakkara Karunakaran.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at VIII/42 Valiaveetil Olanad Varapuzha P.O., Kochi, Kerala, India – 683517.
As per the financials filed for FY 2024, the company reported a revenue of ₹38,545, a growth of 43% compared to the previous year. For the same year it recorded a net loss of ₹16 (net margin 0%) and EBITDA of ₹23,028 (EBITDA margin 59.7%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 58% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cygnusnetwork.com.
Company details
Contact details
Cygnus Convergence Private Limited's registered office is in Kochi, Kerala. Its website is cygnusnetwork.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressVIII/42 Valiaveetil Olanad Varapuzha P.O., Kochi, Kerala, India – 683517
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Cygnus Convergence 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
Financials of Cygnus Convergence Private Limited
FY 2025 filings availableCygnus Convergence Private Limited reported revenue of ₹38,545 (up 43% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 43% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 58%. EBITDA rose 42% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹23,028 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹16 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 59.7% | ||||
| Net Profit Margin | 0% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Cygnus Convergence Private Limited, buy the company report.
Board of directors of Cygnus Convergence Private Limited
Cygnus Convergence has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shaji Chalakkara Karunakaran | Director | 03 Aug 2011 | 15 Years 2 Months | Current |
| Sueby Sunil | Managing Director | 03 Aug 2011 | 15 Years 2 Months | Current |
Auditor
Cygnus Convergence Private Limited is audited by SAJU C KURUVILLA for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAJU C KURUVILLA | FY 2017 | 202601 |
Shareholding
The shareholding of Cygnus Convergence 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 Cygnus Convergence Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Cygnus Convergence 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 Cygnus Convergence Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Cygnus Convergence has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAECC4997P1Z0 | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Cygnus Convergence Private Limited, buy the company report.
Recent activity
Cygnus Convergence Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Shaji Chalakkara Karunakaran was appointed as Director on 03 Aug 2011.
Frequently asked questions
Cygnus Convergence is an active private limited company based in Kochi, Kerala, India. The company works in wholesale, within the trading industry. It was incorporated on 03 August 2011 (15+ years old) and is registered under CIN U72200KL2011PTC029025.
Cygnus Convergence has 2 current directors:
- Sueby Sunil - Managing Director
- Shaji Chalakkara Karunakaran - Director
The latest financial statements of Cygnus Convergence on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Cygnus Convergence is 32AAECC4997P1Z0, registered in Kerala.
The CIN (Corporate Identification Number) of Cygnus Convergence is U72200KL2011PTC029025. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cygnus Convergence was incorporated on 03 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ernakulam.
Shaji Chalakkara Karunakaran was appointed as Director on 03 Aug 2011. Sueby Sunil was appointed as Managing Director on 03 Aug 2011.
Cygnus Convergence can be reached through the website cygnusnetwork.com. Its registered office is in Kochi, Kerala, India.
The registered office of Cygnus Convergence is at VIII42 Valiaveetil Olanad Varapuzha P.O., Kochi, Kerala, India – 683517.
Cygnus Convergence operates in the trading industry, in the wholesale segment.