Convertcart Ai System Private Limited - Company overview

Convertcart was incorporated on 25 December 2019 and is registered with ROC Bangalore.

2019-12-25 Bangalore North, Karnataka Active Unlisted
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹10–25 Cr
▲ 0.9%
FY 2023
PROFIT / LOSS
₹1–10 Lakh
▼ -67.0%
FY 2023
EBITDA
₹50 Lakh–1 Cr
▲ 79.8%
FY 2023
NET WORTH
₹1–5 Cr
▲ 0.7%
FY 2023
TOTAL ASSETS
₹5–10 Cr
▲ 30.3%
FY 2023
EMPLOYEE COUNT
131–140
OPEN CHARGES
1
-
PAID-UP CAPITAL
60.15 Lakh
AUTHORISED CAPITAL
70.00 Lakh
COMPANY AGE
6 Years 10 Months
since 2019-12-25
LAST FILING WITH ROC
2024-03-31
Last AGM: 2024-09-30
ACTIVE GST
1
Updated: 2025-05-22 17:13:06
TOTAL MONEY RAISED
₹1–5 Cr
SATISFIED CHARGES
1
1.50 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Convertcart covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Low risk
86/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (75), financial health (95), director (95) and company-foundation signals.
  • Operating for 6 years.
Compliance Score Low risk
75/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2024 - filings look overdue.
Financial Health Score Low risk
95/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2023.
  • Positive net worth.
Director Risk Score Low risk
95/100
Board strength, DIN status and churn.
  • 3 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Convertcart Company identity, industry, contact, and registration details from MCA and company records.

Convertcart was incorporated on 25 December 2019 and is registered with ROC Bangalore. It is an active private limited company, now about 6 years old. Its registered office is at No. 33/1, First Floor, Castle Street, Bangalore North, Karnataka. It was earlier known as Convertcart Solutions Private Limited.

Its filings describe the main line of business as computer programming, consultancy and related activities, which made up 100% of turnover.

It has three directors: Naganand Doraswamy, Shekhar Kapoor and Arun Kumar Kumara Krishnan. The longest-serving is Arun Kumar Kumara Krishnan, on the board since 2019; the most recent to join is Shekhar Kapoor, appointed in December 2022. One former director, Venkata Regunathan Rajendran, left in December 2022. Between them, the directors also sit on the boards of 19 other companies, including Ahammune Biosciences Private Limited and Bluj Aerospace Private Limited.

Paid-up capital stands at ₹60.15 lakh out of ₹70 lakh authorised. The last AGM on record was on 30 September 2024, for accounts made up to 31 March 2024. Nothing newer than 2024 shows up here, so it is worth checking the MCA portal for later filings. One charge (secured loan) is still open, with Axis Bank Limited among the lenders, and one more has been paid off.

Information Technology •••••••• Media and Publishing ••••••••
  • Location No. 33/1, First Floor, Castle Street, Bangalore North, Karnataka - 560025
  • Website convertcart.com
LinkedIn Facebook Twitter Instagram
Name History
Legal NameConvertcart Ai System Private Limited
CIN / LLPINU72900KA2019PTC131007
Company No.131007
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date2019-12-25
Date of AGM2024-09-30
Date of Balance Sheet2024-03-31
Listing StatusUnlisted
ROC CodeRoc Bangalore
PAN
LEI Number
Active Compliance-

Current Directors of Convertcart (3) Current board members from MCA filings, including designation and appointment details.

N
Naganand Doraswamy
Nominee Director | Since 2020-03-13 | DIN: 01305436
S
Shekhar Kapoor
Director | Since 2022-12-27 | DIN: 07818611
A
Arun Kumar Kumara Krishnan
Director | Since 2019-12-25 | DIN: 08117503

Financial Performance of Convertcart Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2023
Revenue ₹10–25 Cr ▲ 0.9%
P&L ₹1–10 Lakh ▼ -67.0%
EBITDA ₹50 Lakh–1 Cr ▲ 79.8%
Net worth ₹1–5 Cr ▲ 0.7%

Exact figures and labelled charts require an active report plan.

Verified entity values are shown only after access is granted.

Charges of Convertcart Open and satisfied charges registered against the company with MCA.

Others : 1.50 cr
Axis Bank Limited : 1.00 cr
Open Charges: 1 Satisfied Charges: 1
Open -
Satisfied 1.50 cr
LenderAmountStatus
Axis Bank Limited
Creation Date: 22 Aug 2024
 1.00 cr Open
Others
Creation Date: 08 Sep 2022
 1.50 cr Closed

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
Information and communicationComputer programming, consultancy and related activities100

Companies With Common Directors Of Convertcart Other companies that share directors with this entity, based on MCA and compliance network data.

Board Overlap From MCA / Compliance Filings

Ahammune Biosciences Private Limited 1 Shared Director
Bluj Aerospace Private Limited 1 Shared Director
Botman Networks Private Limited 1 Shared Director
Convertcart Llp 1 Shared Director
Datair Technology Private Limited 1 Shared Director
Gyroid Photonics Innovations And Technologies Private Limited 1 Shared Director
Ideaspring Advisors Llp 1 Shared Director
Ideaspring Capital Advisors Llp 1 Shared Director
Ideaspring Capital Fund Iii Advisors Llp 1 Shared Director
Innoverse Foundation 1 Shared Director
Kcat Enzymatic Private Limited 1 Shared Director
Latentforce Intelligence Private Limited 1 Shared Director
Lavelle Networks Private Limited 1 Shared Director
Mihup Communications Private Limited 1 Shared Director
Numocity Technologies Private Limited 1 Shared Director
Okulo Aerospace Private Limited 1 Shared Director
Simyog Technology Private Limited 1 Shared Director
Tvaster Genkalp Private Limited 1 Shared Director
Worxogo Solutions Private Limited 1 Shared Director

Financial Ratios of Convertcart Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

4 years of ratios on record

Profitability, leverage and liquidity ratios require an active report plan.

Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Convertcart Ownership and contribution detail from filings. Full breakdown unlocks with your report.

4 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Convertcart EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.

Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Convertcart GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

GST registrations and filing compliance require an active report plan.

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MSME Payment Delays by Convertcart MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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MCA Filings & Documents of Convertcart Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index

MCA filings and documents require an active report plan.

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Frequently Asked Questions about Convertcart Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Convertcart?
MCA does not publish an "owner" field. Convertcart is run by its directors, Naganand Doraswamy, Shekhar Kapoor and Arun Kumar Kumara Krishnan. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Convertcart?
Convertcart has three current directors: Naganand Doraswamy (since March 2020), Shekhar Kapoor (since December 2022) and Arun Kumar Kumara Krishnan (since December 2019).
What is CIN of Convertcart?
The CIN of Convertcart is U72900KA2019PTC131007. Reading it left to right: U means it is not listed, 72900 is the industry code it registered under, KA is Karnataka, 2019 is the year it was registered, PTC is the company type and 131007 is its registration number.
When was Convertcart incorporated?
Convertcart was incorporated on 25 December 2019 with ROC Bangalore. That makes it about 6 years old.
What is the registered address of Convertcart?
The registered office on MCA records is No. 33/1, First Floor, Castle Street, Bangalore North, Karnataka - 560025.
What is the current status of Convertcart?
MCA shows Convertcart as Active, and its last AGM on record was in September 2024.
What is the contact number or email for Convertcart?
You can post to its registered office at No. 33/1, First Floor, Castle Street, Bangalore North, Karnataka - 560025 and use its website, https://convertcart.com.
What industry or business activity is Convertcart associated with?
Its MCA filings list the main business as computer programming, consultancy and related activities (100% of turnover).
What is paid-up capital and authorised share capital of Convertcart?
Paid-up capital is ₹60.15 lakh and authorised capital is ₹70 lakh, so about 86% of the authorised amount has been issued.
When did Convertcart last file accounts and hold an AGM?
The last AGM on record was on 30 September 2024, and the latest balance sheet is for the year ending 31 March 2024. Nothing newer than 2024 shows up, so check the MCA portal for later filings.
Where can I see charges and lenders for Convertcart?
One charge against Convertcart is still open and one has been satisfied. Lenders named in the filings include Axis Bank Limited.
Have any directors left Convertcart?
Yes, one former director is on record. Venkata Regunathan Rajendran (December 2022) left.
Which companies share directors with Convertcart?
19 companies share directors with Convertcart. Among them are Ahammune Biosciences Private Limited, Bluj Aerospace Private Limited, Botman Networks Private Limited and 16 more.
What is the turnover or revenue of Convertcart?
Based on filed financial statements, the revenue of Convertcart for FY 2023 was in the ₹10–25 Cr range. That is up 0.9% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Convertcart?
For FY 2023, the net worth of Convertcart was in the ₹1–5 Cr range.
How can I get the financial details of Convertcart?
The latest accounts on record are for FY 2023. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Convertcart?
The website on record for Convertcart is https://convertcart.com.
Which company owns convertcart.com?
convertcart.com is the website listed for Convertcart Ai System Private Limited in its company records.
Convertcart - is it listed or unlisted?
Convertcart is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Convertcart?
Convertcart is registered with ROC Bangalore.
What is the company classification of Convertcart?
MCA classifies Convertcart as: Private Limited Indian Non-Government Company.
Does Convertcart have GST registrations on file?
Yes, one active GST registration is linked to Convertcart.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.