About Spectra & Star Convergence Limited
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Spectra & Star Convergence Limited is a public limited company based in Jammu, Jammu And Kashmir, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 09 April 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Jammu, under CIN U51103JK2010PLC003144. Its GSTIN is 01AAOCS1330C1Z1 (Jammu and Kashmir). The company holds 8 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.15 Cr. It was formerly known as Spectra Convergence Limited and Spectra Convergence Private Limited. It is led by directors including Amit Sindwani (Managing Director) and Rani Sindwani (Whole-Time Director).
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 P – 1 Sector 3 Trikuta Nagar, Jammu, Jammu and Kashmir, India – 180012.
As per the financials filed for FY 2025, the company reported a revenue of ₹698.22 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹3.72 Cr (net margin 0.5%) and EBITDA of ₹16.25 Cr (EBITDA margin 2.3%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 1% over five years.
The company has about 40 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹319.9 Cr on record. Court records list 72 cases involving the company, including 63 filed by the company and 9 filed against it; 18 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spectrastar.co.in.
Company details
Name history
Spectra & Star Convergence has undergone 3 name changes throughout its history. The company was previously known as Spectra Convergence Limited, Spectra Convergence Private Limited, and Spectra Convergence Limited. The current legal name is Spectra & Star Convergence Limited.
| Company Name | Status |
|---|---|
| Spectra & Star Convergence Limited | Current |
| Spectra Convergence Limited | Previous |
| Spectra Convergence Private Limited | Previous |
| Spectra Convergence Limited | Previous |
CIN history
Spectra & Star Convergence has one previous CIN (Corporate Identification Number): U51103JK2010PTC003144. The current CIN is U51103JK2010PLC003144, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51103JK2010PLC003144 | Current |
| U51103JK2010PTC003144 | Previous |
Contact details
Spectra & Star Convergence Limited's registered office is in Jammu, Jammu And Kashmir. Its website is spectrastar.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressP – 1 Sector 3 Trikuta Nagar, Jammu, Jammu and Kashmir, India – 180012
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Spectra & Star Convergence 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
Business activity
The main business activity of Spectra & Star Convergence is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Spectra & Star Convergence Limited, buy the company report.
Financials of Spectra & Star Convergence Limited
FY 2024 filings availableSpectra & Star Convergence Limited reported revenue of ₹698.22 Cr (down 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA rose 4% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹16.25 Cr | ||||
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| Net Profit (PAT) | ₹3.72 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.3% | ||||
| Net Profit Margin | 0.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Spectra & Star Convergence Limited, buy the company report.
Board of directors of Spectra & Star Convergence Limited
Spectra & Star Convergence has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rani Sindwani | Whole-Time Director | 18 Apr 2018 | 8 Years 6 Months | Current |
| Gautam Kapur Also directs: Gifts Mart LLP | Director | 25 Oct 2014 | 11 Years 11 Months | Current |
| Amit Sindwani | Managing Director | 09 Apr 2010 | 16 Years 6 Months | Current |
| Sandeep Kumar Also directs: Proec Private Limited, Proec Energy Limited | Director | 25 Oct 2014 | 11 Years 11 Months | Current |
| Karan Sindwani | Director | 09 Apr 2010 | 16 Years 6 Months | Current |
Peer comparison
Spectra & Star Convergence Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| WPG C&C Computers and Peripheral (India) Private Limited | ₹769.79 Cr (FY 2025) | -12.0% | New Delhi, Delhi, India | |||
| Microworld Infosol Private Limited | ₹749.45 Cr (FY 2025) | 57.0% | Delhi, India | |||
| Lenovo Global Technology (India) Private Limited | ₹740.1 Cr (FY 2023) | 49.0% | Bangalore, Karnataka, India | |||
| Cadensworth (India) Limited | ₹702.32 Cr (FY 2016) | 25.0% | Chennai, Tamil Nadu, India | |||
| Spectra & Star Convergence Limitedthis company | ₹698.22 Cr (FY 2025) | ₹3.72 Cr | 0.5% | -10.0% | 40 | Jammu, Jammu And Kashmir, India |
To see the full peer comparison of Spectra & Star Convergence Limited, buy the company report.
Auditor
Spectra & Star Convergence Limited is audited by K. KRISHAN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K. KRISHAN & ASSOCIATES | FY 2023 | 011846N |
Shareholding
The shareholding of Spectra & Star Convergence 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Spectra & Star Convergence Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jun 2025 | 101140930 | Others | ₹27 Cr | Open | |
| 10 Jan 2023 | 100670620 | Axis Bank Limited | ₹85 Cr | Open | |
| 29 Aug 2022 | 100610160 | Others | ₹25 Cr | Open | |
| 12 May 2022 | 100578277 | Axis Bank Limited | ₹10 Cr | Open | |
| 28 Oct 2021 | 100500257 | The Hongkong and Shanghai Banking Corporation Limited | ₹37 Cr | Open |
To see the full charge records of Spectra & Star Convergence Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Spectra & Star Convergence Limited has 72 court cases on record: 63 filed by Spectra & Star Convergence, 9 filed against it. 18 cases are pending and 54 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 72 | 9 | 18 |
Cases on record (5 of 72)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Revision petition | Filed by the company against M S Manoj Mobile Retail Stores Pvt Ltd | Pending |
| District court, Gurugram, Haryana | Civil miscellaneous application | Filed by the company against M/S Shivalik Retail Pvt Ltd Through Its Ar | Pending |
| District court, South East, Delhi | Criminal case | Filed against the company by Manoj Mobile Retail Stores Private Limited | Pending |
| District court, South East, Delhi | Cheque dishonour complaint | Filed by the company against Manoj Mobile Retail Stores Pvt Ltd and Ors | Pending |
| District court, South East, Delhi | Criminal case | Filed by the company against Manoj Mobile Retail Stores Pvt Ltd and Ors | Pending |
To see the full case history of Spectra & Star Convergence 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.
Credit ratings & regulatory alerts
Spectra & Star Convergence Limited was last rated by Crisil on 30 Jun 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 30 Jun 2020 |
To see the full credit ratings and regulatory alerts of Spectra & Star Convergence Limited, buy the company report.
MSME payment delays
Spectra & Star Convergence Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 3 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Compuage Infocom Limited | |||
| Mobisy Technologies Pvt Ltd | |||
| Naveen Sudhir & Associates |
To see the full MSME payment records of Spectra & Star Convergence Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Spectra & Star Convergence Limited has a workforce of 40 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Spectra & Star Convergence has 8 GST registrations: 4 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 01AAOCS1330C1Z1 | Jammu and Kashmir | Active | 08 Jul 2017 |
| 06AAOCS1330C1ZR | Haryana | Active | 01 Jul 2017 |
| 07AAOCS1330C1ZP | Delhi | Active | 01 Jul 2017 |
| 07AAOCS1330C2ZO | Delhi | Active | 16 Jul 2017 |
To see the full GST registrations and return filing status of Spectra & Star Convergence Limited, buy the company report.
Recent activity
Spectra & Star Convergence Limited has 8 board changes on record since 2010: 5 appointments and 3 cessations. The latest: Poonam Sharma ceased to be Director on 30 Nov 2018.
18 earlier events are in the company report.
Frequently asked questions
Spectra & Star Convergence is an active public limited company based in Jammu, Jammu And Kashmir, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 09 April 2010 (16+ years old) and is registered under CIN U51103JK2010PLC003144.
Spectra & Star Convergence has 5 current directors:
- Amit Sindwani - Managing Director
- Rani Sindwani - Whole-Time Director
- Gautam Kapur - Director
- Sandeep Kumar - Director
- Karan Sindwani - Director
The latest financial statements of Spectra & Star Convergence 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 Spectra & Star Convergence is 01AAOCS1330C1Z1, registered in Jammu and Kashmir. The company has 8 GST registrations in all, of which 4 are active and 4 are cancelled or inactive. Other active GSTINs include 06AAOCS1330C1ZR (Haryana), 07AAOCS1330C1ZP (Delhi), 07AAOCS1330C2ZO (Delhi).
The CIN (Corporate Identification Number) of Spectra & Star Convergence is U51103JK2010PLC003144. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spectra & Star Convergence has 72 court cases on record: 63 filed by the company and 9 filed against it. 18 are pending.
Spectra & Star Convergence was incorporated on 09 April 2010, making it 16+ years old. It is registered with the Registrar of Companies, Jammu.
The peers of Spectra & Star Convergence by revenue are WPG C&C Computers and Peripheral (India) Private Limited, Microworld Infosol Private Limited, Lenovo Global Technology (India) Private Limited, Cadensworth (India) Limited, all in the Information Technology industry (IT Products Retail and Distribution), with the same principal business activity (wholesale trading).
Poonam Sharma ceased to be Director on 30 Nov 2018. Rani Sindwani ceased to be Additional Director on 28 Sep 2018. Rani Sindwani was appointed as Whole-Time Director on 18 Apr 2018. Spectra & Star Convergence has 8 board changes on record in total.
Spectra & Star Convergence has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 3 overdue payments to 3 micro and small suppliers. The latest return was filed on 09 Jun 2019.
Spectra & Star Convergence can be reached through the website spectrastar.co.in. Its registered office is in Jammu, Jammu And Kashmir, India.
The registered office of Spectra & Star Convergence is at P – 1 Sector 3 Trikuta Nagar, Jammu, Jammu and Kashmir, India – 180012.