Respected all,
I spent three sleepless nights to identify the free and efficient converter from Docx to latex format.

After the experiments, I settled on writer2latex.
With some minor manual editing, the tex file worked beautifully.

Just sending the video link in case someone has had the same pitiable plight as mine.
https://www.youtube.com/watch?v=i7l7XMrXa2k


--
Dr. Dhaval Patel, I.A.S
District Development Officer, Rajkot