Sommet Microfinance Foundation
About Sommet Microfinance Foundation
Data last updated:
Sommet Microfinance Foundation is a private not for profit company based in Basgaon, Uttar Pradesh, India. It operates in the trust segment of the financial services sector. It was incorporated on 08 December 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U65923UP2015NPL074936.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Meena Vishwakarma and Ajay Vishwkarma.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Basgaon, Uttar Pradesh.
As per the financials filed for FY 2017, the company reported a revenue of ₹53,200. For the same year it recorded a net loss of ₹17,800 (net margin -33.5%) and EBITDA of -₹6,800 (EBITDA margin -12.8%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sommet Microfinance Foundation's registered office is in Basgaon, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressTikari Post – Karwal, Majhgawan, Basgaon, Uttar Pradesh, India – 273411
- IndustryFinancial Services, Trust, Other Financial Holding, Fund
To see the full contact details of Sommet Microfinance Foundation, buy the company report.
- 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
Financials of Sommet Microfinance Foundation
FY 2025 filings availableSommet Microfinance Foundation reported revenue of ₹53,200 for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹53,200 | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹6,800 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹17,800 | |
| 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
| Metrics | FY 2016-17 | FY 2015-16 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -12.8% | |
| Net Profit Margin | -33.5% | |
| 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 Sommet Microfinance Foundation, buy the company report.
Board of directors of Sommet Microfinance Foundation
Sommet Microfinance Foundation has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Meena Vishwakarma | Director | 27 Sep 2024 | 2 Years 0 Months | Current |
| Ajay Vishwkarma | Director | 27 Sep 2024 | 2 Years 0 Months | Current |
Auditor
Sommet Microfinance Foundation is audited by HIMANSHU R GUPTA & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HIMANSHU R GUPTA & CO. | FY 2017 | 536860 |
Shareholding
The shareholding of Sommet Microfinance Foundation is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Sommet Microfinance Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Sommet Microfinance Foundation are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sommet Microfinance Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Sommet Microfinance Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sommet Microfinance Foundation has 9 board changes on record since 2019: 2 appointments and 7 cessations. The latest: Suman Singh ceased to be Director on 01 Oct 2024.
Frequently asked questions
Sommet Microfinance Foundation is an active private not for profit company based in Basgaon, Uttar Pradesh, India. The company works in trust, within the financial services industry. It was incorporated on 08 December 2015 (11+ years old) and is registered under CIN U65923UP2015NPL074936.
Sommet Microfinance Foundation has 2 current directors:
- Meena Vishwakarma - Director
- Ajay Vishwkarma - Director
The latest financial statements of Sommet Microfinance Foundation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.
The CIN (Corporate Identification Number) of Sommet Microfinance Foundation is U65923UP2015NPL074936. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sommet Microfinance Foundation was incorporated on 08 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
Suman Singh ceased to be Director on 01 Oct 2024. Virendra Pratap Singh ceased to be Director on 01 Oct 2024. Ajay Vishwkarma was appointed as Director on 27 Sep 2024. Sommet Microfinance Foundation has 9 board changes on record in total.
The registered office of Sommet Microfinance Foundation is at Tikari Post – Karwal, Majhgawan, Basgaon, Uttar Pradesh, India – 273411.
Sommet Microfinance Foundation operates in the financial services industry, in the trust segment.
The compliance status of Sommet Microfinance Foundation is compliant as of 25 July 2026. The company is actively filing with the Registrar of Companies.
Sommet Microfinance Foundation can be reached at its registered office: Tikari Post – Karwal, Majhgawan, Basgaon, Uttar Pradesh, India – 273411.