MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0032884
Maverick Convergence India Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.95 Cr
▲ 55% YoY
Net profit · FY 2024
₹1.98 Lakh
Net margin 0.5%
EBITDA · FY 2024
₹17.39 Lakh
EBITDA margin 4.4%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹17.61 Lakh
Secured borrowings
Company age
15 yrs
Est. 2011
Directors on board
3
As per MCA filings
About Maverick Convergence India Private Limited
Data last updated:
Maverick Convergence India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 22 June 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2011PTC218957. Its GSTIN is 27AAHCM2657D1ZI (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Maverick Compucare Private Limited. It is led by directors including Rajesh Ambalal Panchal and Bharat Ambalal Panchal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at S 06 Zoom Plaza L.T. Road Borivali (West), Mumbai, Maharashtra, India – 400092.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.95 Cr, a growth of 55% compared to the previous year. For the same year it recorded a net profit of ₹1.98 Lakh (net margin 0.5%) and EBITDA of ₹17.39 Lakh (EBITDA margin 4.4%). Revenue has grown at a compounded annual rate (CAGR) of 83% over three years and 27% over five years.
As per MCA filings, the company has open charges of ₹17.61 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Maverick Convergence India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0032884). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maverickconvergence.co.in.
Company details
CIN U72900MH2011PTC218957
Registration Number 218957
Incorporation Date 22 June 2011
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0032884
Key People
Rajesh Ambalal Panchal Director Bharat Ambalal Panchal Director Amita Bharat Panchal Director Recognitions & Rankings of Maverick Convergence India
Contact details
Maverick Convergence India Private Limited's registered office is in Mumbai, Maharashtra. Its website is maverickconvergence.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressS 06 Zoom Plaza L.T. Road Borivali (West), Mumbai, Maharashtra, India – 400092
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Maverick Convergence India Private Limited, buy the company report.
Comprehensive company report
Maverick Convergence India Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Maverick Convergence India is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Maverick Convergence India Private Limited, buy the company report.
Financials of Maverick Convergence India Private Limited
FY 2024 filings availableMaverick Convergence India Private Limited reported revenue of ₹3.95 Cr (up 55% YoY) for FY 2024.
Revenue · FY 2024
₹3.95 Cr ▲ 55%
Net profit · FY 2024
₹1.98 Lakh margin 0.5%
EBITDA · FY 2024
₹17.39 Lakh margin 4.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 55%
3 years · compounded
▲ 83%
5 years · compounded
▲ 27%
EBITDA CAGR growth
1 year
▲ 80%
3 years · compounded
▲ 67%
5 years · compounded
▲ 31%
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 55% growth in the latest year. EBITDA rose 80% 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 |
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| EBITDA | ₹17.39 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.98 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.4% | ||||
| Net Profit Margin | 0.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Maverick Convergence India Private Limited, buy the company report.
Board of directors of Maverick Convergence India Private Limited
Maverick Convergence India has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Ambalal Panchal | Director | 01 Dec 2021 | 4 Years 10 Months | Current |
| Bharat Ambalal Panchal | Director | 11 Aug 2015 | 11 Years 2 Months | Current |
| Amita Bharat Panchal | Director | 01 Dec 2015 | 10 Years 10 Months | Current |
Auditor
Maverick Convergence India Private Limited is audited by PAWAR KIRTANE & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PAWAR KIRTANE & ASSOCIATES | FY 2023 | 140899W |
Shareholding
The shareholding of Maverick Convergence India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Maverick Convergence India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹17.61 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Sep 2025 | 101193697 | Hdfc Bank Limited | ₹17.61 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Maverick Convergence India Private Limited has 1 court case on record: 1 filed by Maverick Convergence India. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed by the company against an individual | Pending |
To see the full case history of Maverick Convergence India Private 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
No delayed payments to MSME suppliers are on our record for Maverick Convergence India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Maverick Convergence India has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCM2657D1ZI | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Maverick Convergence India Private Limited, buy the company report.
Recent activity
Maverick Convergence India Private Limited has 10 board changes on record since 2012: 3 appointments and 7 cessations. The latest: Rajesh Ambalal Panchal was appointed as Director on 01 Dec 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 17.61 Lakh with Charge ID 101193697 was registered on 22 Sep 2025.
AGM
Maverick Convergence India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Maverick Convergence India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Rajesh Ambalal Panchal was appointed as Director.
Appointed
Amita Bharat Panchal was appointed as Director.
Ceased
Bhushan Bhau Salunke ceased to be Director.
Ceased
Siddharth Shailesh Dharadhar ceased to be Director.
Appointed
Bharat Ambalal Panchal was appointed as Director.
Ceased
Ambalal Nathuram Panchal ceased to be Director.
Ceased
Amita Bharat Panchal ceased to be Director.
Ceased
Bharat Ambalal Panchal ceased to be Director.
Ceased
Rajesh Ambalal Panchal ceased to be Director.
2 earlier events are in the company report.
Frequently asked questions
Maverick Convergence India is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 22 June 2011 (15+ years old) and is registered under CIN U72900MH2011PTC218957.
Maverick Convergence India has 3 current directors:
- Rajesh Ambalal Panchal - Director
- Bharat Ambalal Panchal - Director
- Amita Bharat Panchal - Director
The latest financial statements of Maverick Convergence India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Maverick Convergence India is 27AAHCM2657D1ZI, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Maverick Convergence India is U72900MH2011PTC218957. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maverick Convergence India has 1 court case on record: 1 filed by the company. 1 is pending.
Maverick Convergence India was incorporated on 22 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Rajesh Ambalal Panchal was appointed as Director on 01 Dec 2021. Amita Bharat Panchal was appointed as Director on 01 Dec 2015. Bhushan Bhau Salunke ceased to be Director on 01 Dec 2015. Maverick Convergence India has 10 board changes on record in total.
Yes, Maverick Convergence India is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0032884).
Maverick Convergence India can be reached through the website maverickconvergence.co.in. Its registered office is in Mumbai, Maharashtra, India.