Summi Commercial Private Limited
About Summi Commercial Private Limited
Data last updated:
Summi Commercial Private Limited was a private limited company based in Kolkata, West Bengal, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the home furnishings and accessories retail segment of the home and lifestyle products sector. It was incorporated on 27 February 1997.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U20252WB1997PTC083097. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹24.37 Lakh.
Its last annual general meeting (AGM) was held on 25 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at 228A A J C Bosu Road9Th Floor, Kolkata, West Bengal, India – 700020.
As per the financials filed for FY 2019, the company reported a revenue of ₹2.95 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹14.64 Lakh (net margin 5%) and EBITDA of ₹22.67 Lakh (EBITDA margin 7.7%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years.
Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 2 cases are pending.
Company details
Contact details
Summi Commercial Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address228A A J C Bosu Road9Th Floor, Kolkata, West Bengal, India – 700020
- IndustryHome & Lifestyle, Home Furnishings & Accessories Retail
To see the full contact details of Summi Commercial Private Limited, 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
Business activity
The main business activity of Summi Commercial is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Summi Commercial Private Limited, buy the company report.
Financials of Summi Commercial Private Limited
FY 2019 filings availableSummi Commercial Private Limited reported revenue of ₹2.95 Cr (down 19% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 19% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA rose 7% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹22.67 Lakh | ||||
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| Net Profit (PAT) | ₹14.64 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | 7.7% | ||||
| Net Profit Margin | 5% | ||||
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To see the full financial statements and ratios of Summi Commercial Private Limited, buy the company report.
Board of directors of Summi Commercial Private Limited
Summi Commercial has 3 former directors on record and no current directors listed.
Auditor
Summi Commercial Private Limited is audited by P B M N & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P B M N & CO | FY 2018 | 007878S |
Shareholding
The shareholding of Summi Commercial Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Summi Commercial Private Limited, buy the company report.
Legal cases
Summi Commercial Private Limited has 5 court cases on record: 4 filed by Summi Commercial, 1 filed against it. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 2 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Company petition | Filed against the company by New Kenilworth Hotel Ltd | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against individuals | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against an individual | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against individuals | Disposed |
| High Court | Writ petition | Filed by the company against The State of W.B. Through the Secretary, Min. of Finance & A | Disposed |
To see the full case history of Summi Commercial Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Summi Commercial Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Summi Commercial has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Summi Commercial Private Limited, buy the company report.
Recent activity
Summi Commercial Private Limited has 3 board changes on record since 2020: 0 appointments and 3 cessations. The latest: Bajarang Sethia Lal ceased to be Director on 05 Feb 2020.
Frequently asked questions
Summi Commercial has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Summi Commercial was a private limited company based in Kolkata, West Bengal, India. The company worked in home furnishings and accessories retail, within the home and lifestyle industry. It was incorporated on 27 February 1997 and is registered under CIN U20252WB1997PTC083097. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Summi Commercial is U20252WB1997PTC083097. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Summi Commercial was incorporated on 27 February 1997. It is registered with the Registrar of Companies, Kolkata.
The registered office of Summi Commercial is at 228A A J C Bosu Road9Th Floor, Kolkata, West Bengal, India – 700020.
The latest financial statements of Summi Commercial on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 25 September 2019. Year-wise statements from 2015 are in the company report.
No. Summi Commercial has 2 GST registrations on record and all of them are cancelled or inactive.
Summi Commercial operated in the home and lifestyle industry, in the home furnishings and accessories retail segment.
Summi Commercial has 5 court cases on record: 4 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.
Bajarang Sethia Lal ceased to be Director on 05 Feb 2020. Pranab Kumar Biswas ceased to be Director on 05 Feb 2020. Sumit Sethia ceased to be Director on 05 Feb 2020.
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