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CONVERGE FOREX PRIVATE LIMITED

Strike Off
Updated: 30 Aug 2022

Converge Forex Private Limited, was an unlisted private company incorporated on 13 November, 2017. It is classified as a private limited company and is located in , Maharashtra. It's authorized share capital was INR 50.00 lac and the total paid-up capital was INR 50.00 lac.

The current status of Converge Forex Private Limited is - Strike Off.

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Industry and products
Finance
Company size
Auth Capital
₹ 50.0 L
Paidup Capital
₹ 50.0 L
Revenue
Not Available
Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Total Revenue
8.9%
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EBITDA
7.69%
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Net Profit
-68.97%
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Networth
2.15%
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Borrowings
6.23%
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Assets
5.07%
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Gross Margin
5.57
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Operating Margin
-0.31
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Net Profit Margin
-8.37
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Return on Equity
-8.01
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ROCE
-0.76
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Debt to Equity
0.01
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Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (1)
State Type Address
Maharashtra Registered Office 203, Peninsula Corporate Park Tower 1 A Wing G.K. Marg, Lower Parel Mumbai Mumbai City Maharashtra - 400013

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People

Designation Name DIN/PAN Tenure
Director Rakesh Bhabutmal Jain 07156829 6 years
Director Satyanarayan Shivnath Thakur 08462793 6 years

Financial Highlights

** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales GET PRO GET PRO GET PRO GET PRO GET PRO
Operating profit GET PRO GET PRO GET PRO GET PRO GET PRO
Net profit GET PRO GET PRO GET PRO GET PRO GET PRO
Gross margin GET PRO GET PRO GET PRO GET PRO GET PRO
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Networth
Borrowings GET PRO GET PRO GET PRO GET PRO GET PRO
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Current ratio GET PRO GET PRO GET PRO GET PRO GET PRO
ROE GET PRO GET PRO GET PRO GET PRO GET PRO
Days payable GET PRO GET PRO GET PRO GET PRO GET PRO
WC days GET PRO GET PRO GET PRO GET PRO GET PRO
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital GET PRO GET PRO GET PRO GET PRO GET PRO
Reserves GET PRO GET PRO GET PRO GET PRO GET PRO
Borrowings + GET PRO GET PRO GET PRO GET PRO GET PRO
Long term borrowings GET PRO GET PRO GET PRO GET PRO GET PRO
Short term borrowings GET PRO GET PRO GET PRO GET PRO GET PRO
Trade payables + GET PRO GET PRO GET PRO GET PRO GET PRO
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Other non-current liabilities GET PRO GET PRO GET PRO GET PRO GET PRO
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Fixed Assets + GET PRO GET PRO GET PRO GET PRO GET PRO
Tangible assets GET PRO GET PRO GET PRO GET PRO GET PRO
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Intangible assets GET PRO GET PRO GET PRO GET PRO GET PRO
LT loans and advances GET PRO GET PRO GET PRO GET PRO GET PRO
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ST loans and advances GET PRO GET PRO GET PRO GET PRO GET PRO
Other current assets GET PRO GET PRO GET PRO GET PRO GET PRO
Total assets GET PRO GET PRO GET PRO GET PRO GET PRO
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Total assets

Charges on assets

As per information available, the company has no registered charges.

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
SUMER FOODS AND BEVERAGES INDIA PRIVATE LIMITED
Active
1.0 L 1 Maharashtra
SUMER PETROMIN PRIVATE LIMITED
Strike Off
1.0 L 1 Maharashtra
SUMER FINANCE PRIVATE LIMITED
Strike Off
1.0 L 1 Maharashtra
NEPTUNE GHRUH NIRMAN PRIVATE LIMITED
Active
5.0 L 1 Maharashtra
DIRAMAL INVESTMENTS (BOMBAY) PRIVATE LIMITED
Strike Off
1.0 L 1 Maharashtra
REMUS OIL & GAS PRIVATE LIMITED
Strike Off
1.0 L 1 Maharashtra
MAXIMO CONSTRUCTION LLP
Active
1.0 L 1 Maharashtra
SUMER HOTELS AND RESORTS PRIVATE LIMITED
Strike Off
1.0 L 1 Maharashtra
REMUS HABITAT PRIVATE LIMITED
Active
1.0 L 1 Maharashtra
SUMER REALITY (INDIA) PRIVATE LIMITED
Active
1.1 L 1 Maharashtra
MEHUL ESTATE PVT LTD
Active
1.0 L 1 Maharashtra
VIGHNAHARTA PROPERTIES PRIVATE LIMITED
Active
1.0 L 1 Maharashtra
APURTI PROPERTIES PRIVATE LIMITED
Active
1.0 L 1 Maharashtra
LOONKAR PROPERTIES PRIVATE LIMITED
Active
1.0 L 1 Maharashtra
SUMER EARTHMOVERS PRIVATE LIMITED
Strike Off
1.0 L 1 Maharashtra
SUMER LEASING AND FINANCE PRIVATE LIMITED
Active
5.0 L 1 Maharashtra
GAYATRI FINLEASE AND INVESTMENTS PRIVATE LIMITED
Active
6.0 Cr 1 Maharashtra
ELIZA FINVEST PRIVATE LIMITED
Active
1.0 L 1 Maharashtra

Tofler Score

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Risk

Severe Risk
  • No risks identified
Moderate Risk
  • No risks identified
Low Risk
  • No risks identified
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Registered Details

CIN

U67200MH2017PTC301733

PAN

-

Incorporation

2017, 7.5 years

Company Email

neelakantan@sumergroup.co.in

Paid up Capital

₹ 50.0 L

Authorised Capital

₹ 50.0 L

AGM

Oct 2021

Type

Private
Non-government Company

FAQ - CONVERGE FOREX PRIVATE LIMITED

What is the incorporation date of CONVERGE FOREX PRIVATE LIMITED?

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The incorporation date of CONVERGE FOREX PRIVATE LIMITED is 13 November, 2017

What is the authorized share capital of CONVERGE FOREX PRIVATE LIMITED?

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The authorized share capital of CONVERGE FOREX PRIVATE LIMITED is INR ₹ 50.0 L.

What is the paid-up capital of CONVERGE FOREX PRIVATE LIMITED?

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The paid-up capital of CONVERGE FOREX PRIVATE LIMITED is INR ₹ 50.0 L.

What is the registered address of CONVERGE FOREX PRIVATE LIMITED?

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The registered address of CONVERGE FOREX PRIVATE LIMITED is 203, Peninsula Corporate Park Tower 1 A Wing G.K. Marg, Lower Parel Mumbai Mumbai City Maharashtra - 400013

What is the CIN number of CONVERGE FOREX PRIVATE LIMITED?

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The CIN number of CONVERGE FOREX PRIVATE LIMITED is U67200MH2017PTC301733.

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