Summit India Advisory Private Limited

Summit India Advisory Private Limited - business outsourcing in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U74900MH2011PTC218354 Incorporated 06 June 2011 ROC Mumbai HQ Mumbai, Maharashtra, India
Struck Off Private Limited Company business outsourcing
Data last updated
Revenue · FY 2017
₹89.27 Lakh
▲ 26% YoY
Net profit · FY 2017
₹10.15 Lakh
Net margin 11.4%
EBITDA · FY 2017
₹21.76 Lakh
EBITDA margin 24.4%
Authorised capital
₹2.3 Cr
Registered with MCA
Paid-up capital
₹2.23 Cr
Issued & subscribed
Company age
15 yrs
Est. 2011
Directors on board
2
As per MCA filings
GST registrations
1
None active

About Summit India Advisory Private Limited

Data last updated:

Summit India Advisory Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Summit Partners, L.P.. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 06 June 2011.

The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2011PTC218354. The company has 1 GST registration on record, which is no longer active.

The company had an authorised share capital of ₹2.3 Cr and a paid-up capital of ₹2.23 Cr. It was led by directors Amit Agarwal and Parmanand Agarwal.

Its last annual general meeting (AGM) was held on 17 April 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at 23 Floor – 2 Plot 59/61 Arsiwala Mansion Nathalal Parikh Marg, Mumbai, Maharashtra, India – 400005.

As per the financials filed for FY 2017, the company reported a revenue of ₹89.27 Lakh, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹10.15 Lakh (net margin 11.4%) and EBITDA of ₹21.76 Lakh (EBITDA margin 24.4%).

The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.22 Cr; the latest was in January 2013.

Company details

CIN U74900MH2011PTC218354
Registration Number 218354
Incorporation Date 06 June 2011
ROC Mumbai
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 17 April 2021
Date of Balance Sheet 31 March 2021
Parent Company Summit Partners, L.P.
Compliance Status Active Compliant

Contact details

Summit India Advisory Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    23 Floor – 2 Plot 59/61 Arsiwala Mansion Nathalal Parikh Marg, Mumbai, Maharashtra, India – 400005
  • Industry
    Business Outsourcing, Business & IT Consulting

To see the full contact details of Summit India Advisory Private Limited, buy the company report.

Comprehensive company report
Summit India Advisory Private Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Financials of Summit India Advisory Private Limited

FY 2021 filings available

Summit India Advisory Private Limited reported revenue of ₹89.27 Lakh (up 26% YoY) for FY 2017.

Revenue · FY 2017
₹89.27 Lakh ▲ 26%
Net profit · FY 2017
₹10.15 Lakh margin 11.4%
EBITDA · FY 2017
₹21.76 Lakh margin 24.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 26%
EBITDA CAGR growth
1 year
▲ 41%

Revenue rose 26% in the latest year. EBITDA rose 41% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations₹89.27 Lakh
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹21.76 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹10.15 Lakh
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

MetricsFY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin24.4%
Net Profit Margin11.4%
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

To see the full financial statements and ratios of Summit India Advisory Private Limited, buy the company report.

Board of directors of Summit India Advisory Private Limited

Summit India Advisory has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Amit AgarwalDirector10 May 20188 Years 5 MonthsAs last reported
Parmanand AgarwalDirector10 May 20188 Years 5 MonthsAs last reported

Auditor

Summit India Advisory Private Limited is audited by Rahul Gautam Divan & Associates for the financial year 2017.

Auditor firmFinancial yearFirm registration number
Rahul Gautam Divan & AssociatesFY 2017120294W

Shareholding

The shareholding of Summit India Advisory Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Summit India Advisory Private Limited, buy the company report.

Deals & funding

Summit India Advisory Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.22 Cr; the latest was in January 2013.

Total deals
2
Funding round
1
Secondary share transfer
1
Disclosed funding
₹2.22 Cr

Deals on record (2 of 2)

WhenDealAmountParties
Jan 2013Secondary share transferUndisclosedBuyer: Summit Master Company LLC
Seller: 2 individuals
Jul 2011Funding round₹2.22 CrInvestors: Summit Partners LP

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Summit India Advisory Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Summit India Advisory has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Summit India Advisory Private Limited, buy the company report.

Recent activity

Summit India Advisory Private Limited has 9 board changes on record since 2013: 2 appointments and 7 cessations. The latest: Bruce Roger Evans ceased to be Director on 22 Mar 2021.

AGM
Summit India Advisory Private Limited last Annual general meeting of members was held on 17 Apr 2021 as per latest MCA records.
Filing
Summit India Advisory Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai.
Ceased
Bruce Roger Evans ceased to be Director.
Ceased
Martin Joseph Mannion ceased to be Director.
Ceased
Amit Agarwal ceased to be Additional Director.
Ceased
Parmanand Agarwal ceased to be Additional Director.
Ceased
Aakash Choubey ceased to be Director.
Ceased
Mehul Jyotishchandra Shah ceased to be Director.
Appointed
Amit Agarwal was appointed as Director.
Appointed
Parmanand Agarwal was appointed as Director.
Ceased
Nilanjan Ghose ceased to be Director.
Incorporation
06 Jun 2011
Summit India Advisory Private Limited was registered on 06 Jun 2011 with Roc Mumbai & aged 15 years 4 months as per MCA records.

Frequently asked questions

Summit India Advisory has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Summit India Advisory was a private limited company based in Mumbai, Maharashtra, India. The company worked in business and IT consulting, within the business outsourcing industry. It was incorporated on 06 June 2011 and is registered under CIN U74900MH2011PTC218354. The company has been struck off by the Registrar of Companies and is no longer operational.

Summit India Advisory had 2 directors:

The CIN (Corporate Identification Number) of Summit India Advisory is U74900MH2011PTC218354. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Summit India Advisory is at 23 Floor – 2 Plot 5961 Arsiwala Mansion Nathalal Parikh Marg, Mumbai, Maharashtra, India – 400005.

Summit India Advisory was incorporated on 06 June 2011. It is registered with the Registrar of Companies, Mumbai.

The latest financial statements of Summit India Advisory on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 17 April 2021. Year-wise statements from 2015 are in the company report.

No. Summit India Advisory has 1 GST registration on record and it is cancelled or inactive.

Summit India Advisory operated in the business outsourcing industry, in the business and IT consulting segment. It worked in this industry before it was struck off.

Summit India Advisory has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.22 Cr; the latest was in January 2013.