About Netco Converge Private Limited
Data last updated:
Netco Converge Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the telecom service providers segment of the telecommunications sector. It was incorporated on 20 August 2015.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U45400MH2015PTC267614. Its GSTIN is 27AAFCN0073N1Z8 (Maharashtra). The company held 9 GST registrations, of which 7 are active.
The company had an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹6.91 Cr. It was led by directors Vaishali Nilesh Pandit and Anilkumar Ullatil.
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 was at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.55 Cr, a decline of 29% compared to the previous year. For the same year it recorded a net profit of ₹63.13 Lakh (net margin 13.9%) and EBITDA of ₹2.78 Cr (EBITDA margin 61%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 25% over five years.
The company had about 23 employees on its provident fund (EPFO) records before it was dissolved.
Court records list 2 cases involving the company, including 1 filed against it.
The last known website on record is netcoconverge.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address115 11th Floor Plot No. 220, Maker Chamber VI Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryTelecom, Telecom Service Providers
- 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
- One PDF report, delivered after checkout
Business Activity of Netco Converge Private Limited
The main business activity of Netco Converge is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Netco Converge Private Limited FY 2025 filings available
Netco Converge Private Limited reported revenue of ₹4.55 Cr (down 29% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Netco Converge Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 25% over five years, including a 29% fall in the latest year. EBITDA fell 50% 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 of Netco Converge Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹2.78 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹63.13 Lakh | •••• | •••• | •••• | •••• |
| 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 of Netco Converge Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 61% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 13.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Netco Converge are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Netco Converge Private Limited
Netco Converge Private Limited is compared with the companies closest to it by revenue in the Telecom industry (Telecom Service Providers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Exa Telecommunication Private Limited | ₹4.76 Cr (FY 2024) | •••• | •••• | 35.0% | •••• | Ernakulam, Kerala, India |
| Nucleus Software Engineers Private Limited | ₹4.72 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | New Delhi, Delhi, India |
| Microsys Infotech and Telecom Private Limited | ₹4.71 Cr (FY 2022) | •••• | •••• | 232.0% | •••• | Bhubaneswar, Odisha, India |
| Harinetra Infrastructure Private Limited | ₹4.65 Cr (FY 2024) | •••• | •••• | 57.0% | •••• | Serampore, West Bengal, India |
| Neon Mobicom & Tele Systems Private Limited | ₹4.64 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Pune, Maharashtra, India |
| Netco Converge Private Limited this company | ₹4.55 Cr (FY 2025) | •••• | •••• | -29.0% | •••• | Mumbai, Maharashtra, India |
| Active Infratel Private Limited | ₹4.46 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Vadodara, Gujarat, India |
| Sa.Ar Teleconstruction Private Limited | ₹4.31 Cr (FY 2024) | •••• | •••• | 160.0% | •••• | Meerut, Uttar Pradesh, India |
| Aaditri Communications Private Limited | ₹4.3 Cr (FY 2024) | •••• | •••• | 62.0% | •••• | Rayagada, Odisha, India |
| Atombridge Networks Private Limited | ₹4.3 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | New Delhi, Delhi, India |
| Aria Telecom Solutions Private Limited | ₹4.27 Cr (FY 2024) | •••• | •••• | 4.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Netco Converge by revenue in the Telecom industry (Telecom Service Providers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Netco Converge Private Limited
Netco Converge Private Limited is audited by ARVIND MAHAJAN & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ARVIND MAHAJAN & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Netco Converge Private Limited
Netco Converge has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vaishali Nilesh Pandit Also directs: NCPL Services Private Limited, Dabir Developers Private Limited, Mega Millennium Trading and Investment Private Limited and 2 more | Director | 05 Nov 2024 | 1 Years 11 Months | As last reported |
| Anilkumar Ullatil Also directs: NCPL Services Private Limited | Additional Director | 14 Nov 2025 | 0 Years 10 Months | As last reported |
Ownership and Shareholding of Netco Converge Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Netco Converge Private Limited
Netco Converge Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Netco Converge Private Limited
Netco Converge Private Limited has 2 court cases on record: 1 filed against it, 1 where it is another party. All cases are disposed. Status as checked between 21 Sep 2026 and 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| Supreme Court | 1 | 1 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CARBP) | Company is another party | Disposed |
| Supreme Court | Special leave petition | Filed against the company by Assistant Commissioner of Income Tax and 1 other | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Netco Converge Private Limited
Netco Converge Private Limited has a workforce of 23 employees as of Mar 21, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Netco Converge Private Limited
Netco Converge Private Limited has 10 board changes on record since 2016: 2 appointments and 8 cessations. The latest: Anilkumar Ullatil was appointed as Additional Director on 14 Nov 2025.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Netco Converge Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Netco Converge Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Netco Converge Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Netco Converge Private Limited
Netco Converge has 9 GST registrations: 7 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCN0073N1Z8 | Maharashtra | Active | 01 Jul 2017 |
| 07AAFCN0073N1ZA | Delhi | Active | 01 Jul 2017 |
| 09AAFCN0073N1Z6 | Uttar Pradesh | Active | 01 Jul 2017 |
| 24AAFCN0073N1ZE | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Netco Converge Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Netco Converge Private Limited
Netco Converge has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Netco Converge was a private limited company based in Mumbai, Maharashtra, India. The company worked in telecom service providers, within the telecom industry. It was incorporated on 20 August 2015 and is registered under CIN U45400MH2015PTC267614. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Netco Converge was incorporated on 20 August 2015. It is registered with the Registrar of Companies, Mumbai.
Netco Converge had 2 directors:
- Vaishali Nilesh Pandit - Director
- Anilkumar Ullatil - Additional Director
The CIN (Corporate Identification Number) of Netco Converge is U45400MH2015PTC267614. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Netco Converge is at 115 11th Floor Plot No. 220, Maker Chamber VI Nariman Point, Mumbai, Maharashtra, India – 400021.
Netco Converge can be reached through the website netcoconverge.com. Its registered office is in Mumbai, Maharashtra, India.
Netco Converge reported revenue of ₹4.55 Cr for FY 2025 (down 29% YoY).
Netco Converge has an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹6.91 Cr.
Netco Converge reported a net profit of ₹63.13 Lakh (net margin 13.9%) and EBITDA of ₹2.78 Cr (EBITDA margin 61%) for FY 2025, as per its filed financial statements.
The GSTIN of Netco Converge is 27AAFCN0073N1Z8, registered in Maharashtra. The company has 9 GST registrations in all, of which 7 are active and 2 are cancelled or inactive. Other active GSTINs include 07AAFCN0073N1ZA (Delhi), 09AAFCN0073N1Z6 (Uttar Pradesh), 24AAFCN0073N1ZE (Gujarat).