About Spring Convergence Services Private Limited
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Spring Convergence Services Private Limited is a private limited company based in New, Delhi, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 01 December 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74140DL2004PTC130893. Its GSTIN is 07AAKCS6540E1ZB (Delhi).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹16.2 Lakh. It is led by directors including Bindu Mohindroo (Managing Director) and Siddharth Mohindroo.
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 09th Floor Commercial Complex Hotel Le Meridien, New, Delhi, India – 110001.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.24 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹1.35 Cr (net margin 18.7%) and EBITDA of ₹1.69 Cr (EBITDA margin 23.4%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 54% over five years.
Court records list 3 cases involving the company, including 3 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spring.net.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address09th Floor Commercial Complex Hotel Le Meridien, New, Delhi, India – 110001
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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 Spring Convergence Services Private Limited
The main business activity of Spring Convergence Services is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial 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 Spring Convergence Services Private Limited FY 2025 filings available
Spring Convergence Services Private Limited reported revenue of ₹7.24 Cr (up 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Spring Convergence Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 54% over five years, including 1% growth in the latest year. EBITDA rose 168% 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 Spring Convergence Services Private Limited
| 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 | ₹1.69 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.35 Cr | •••• | •••• | •••• | •••• |
| 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 Spring Convergence Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 23.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 18.7% | •••• | •••• | •••• | •••• |
| 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 Spring Convergence Services are in the company report.
Financial statements from 2015
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 Spring Convergence Services Private Limited
Spring Convergence Services Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Consulting Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Brivan Consultants Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Mapra Advisors Private Limited | •••• | •••• | •••• | •••• | - | Haldwani, Uttarakhand, India |
| CDP Operations India Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Uni Power Technical Services and Consultancy Private Limited | •••• | •••• | •••• | •••• | - | Bengaluru, Karnataka, India |
| Adhyayan Quality Education Services Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Spring Convergence Services Private Limited this company | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| My World Consultancy Services Private Limited | •••• | •••• | •••• | •••• | - | Bhubaneswar, Orissa, India |
| Blue Ribbon India Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| SWS Financial Solutions Private Limited | •••• | •••• | •••• | •••• | 22 | Nashik, Maharashtra, India |
| Dynamic Cfo Services Private Limited | •••• | •••• | •••• | •••• | 62 | Bengaluru, Karnataka, India |
| SPNX Consulting Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Spring Convergence Services by revenue in the Outsourcing industry (Consulting Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Spring Convergence Services Private Limited
Spring Convergence Services Private Limited is audited by ANJU GUPTA AND COMPANY for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ANJU GUPTA AND COMPANY | 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 Spring Convergence Services Private Limited
Spring Convergence Services has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siddharth Mohindroo | Director | 01 Oct 2018 | 8 Years 0 Months | Current |
| Bindu Mohindroo | Managing Director | 02 Dec 2004 | 21 Years 10 Months | Current |
| Pankaj Mohindroo | Director | 01 Dec 2004 | 21 Years 10 Months | Current |
Ownership and Shareholding of Spring Convergence Services 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 Spring Convergence Services Private Limited
Spring Convergence Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Spring Convergence Services Private Limited
Spring Convergence Services Private Limited has 3 court cases on record: 3 filed by Spring Convergence Services. All cases are disposed. Status as checked between 02 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Court case (T.P.(CRL)) | Filed by the company against Lifestyle Maintenance Services Private Limited | Disposed |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against Lifestyle Maintenance Services Private Limited | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed by the company against Lifestyle Maintainance Services Pvt. Ltd | Disposed |
Full case history
All 3 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 Spring Convergence Services Private Limited
Employment history and EPFO contributions of people linked to Spring Convergence Services.
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 Spring Convergence Services Private Limited
Spring Convergence Services Private Limited has 6 board changes on record since 2004: 3 appointments and 3 cessations. The latest: Rajesh Sharma ceased to be Additional Director on 30 Sep 2019.
Credit Ratings, Litigation & Regulatory Alerts for Spring Convergence Services 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 Spring Convergence Services 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 Spring Convergence Services 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 Spring Convergence Services Private Limited
Spring Convergence Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAKCS6540E1ZB | Delhi | 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 Spring Convergence Services 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 Spring Convergence Services Private Limited
Spring Convergence Services is an active private limited company based in New, Delhi, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 01 December 2004 (22+ years old) and is registered under CIN U74140DL2004PTC130893.
Spring Convergence Services reported revenue of ₹7.24 Cr for FY 2024 (up 1% YoY).
Spring Convergence Services has 3 current directors:
- Bindu Mohindroo - Managing Director
- Siddharth Mohindroo - Director
- Pankaj Mohindroo - Director
Spring Convergence Services reported a net profit of ₹1.35 Cr (net margin 18.7%) and EBITDA of ₹1.69 Cr (EBITDA margin 23.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Spring Convergence Services is 24% over three years and 54% over five years. In the latest year (FY 2024) revenue rose 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Spring Convergence Services is 07AAKCS6540E1ZB, registered in Delhi.
The CIN (Corporate Identification Number) of Spring Convergence Services is U74140DL2004PTC130893. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spring Convergence Services has 3 court cases on record: 3 filed by the company.
Spring Convergence Services was incorporated on 01 December 2004, making it 22+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Spring Convergence Services by revenue are Brivan Consultants Private Limited, Mapra Advisors Private Limited, CDP Operations India Private Limited, Uni Power Technical Services and Consultancy Private Limited, Adhyayan Quality Education Services Private Limited and 5 more, all in the Outsourcing industry (Consulting Services).
Rajesh Sharma ceased to be Additional Director on 30 Sep 2019. Siddharth Mohindroo ceased to be Additional Director on 30 Sep 2019. Siddharth Mohindroo was appointed as Director on 01 Oct 2018. Spring Convergence Services has 6 board changes on record in total.