She spent the bulk of her career as a country ship, trading in the East Indies until she wrecked in September 1840 while carrying troops to Canton.

[Note 1] Golconda was herself badly damaged and her crew had to man her pumps and jettison 700 bales (of cotton) forward where she was leaking in order to lighten her.

She was the headquarters ship for the regiment and carried its commander, Lieutenant-Colonel William Isaacs, 13 other officers, and some 350 soldiers and camp followers.

[8] A program that aired on the BBC in 2000 described the fortuitous discovery of the wreck of Golconda on the Panagatan Cays (11°50′09″N 121°17′37″E / 11.835697°N 121.293557°E / 11.835697; 121.293557), south of the Penagatan Atoll) in the Spanish East Indies.

This, and a musket butt plate with an inscribed GR (Grenadiers), identified the unit as the 37th Madras Native Infantry.