Summit Developments Limited - Company Profile

Q: Who are the current directors of Summit Developments Limited?

The current directors of Summit Developments Limited are Shailendra Konanur Subbaraya, Aditya Virwani, Rajesh Narayanan Kaimal.

It is a real estate and construction public limited company based in Bangalore North, Karnataka, India, established in 2011.

2011 Bangalore North, Karnataka, India Active

Last Updated: December 21, 2025

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About Summit Developments Limited

Summit Developments Limited, a active public limited company, was established on 11 February 2011 in Bangalore North, Karnataka, India. Engaging in real estate builders & developers within the real estate sector, it holds CIN: U70200KA2011PLC057054. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹0.50 M and a paid-up capital of ₹0.20 M.

It upholds a compliant status. Its leadership includes Shailendra Konanur Subbaraya (Director), Aditya Virwani (Director), Rajesh Narayanan Kaimal (Director). Past directors included Gopinath Ambadithody, Jitendra Mohandas Virwani, Prasad Adavayya Turamari. It holds ₹650.00 Cr open charges and ₹290.00 Cr settled loans. Its latest AGM occurred on 25 September 2025, with the balance sheet filed on 31 March 2025. It is based at 14Th Floor, Pinnacle Tower, Embassy One, 8, Bellary Road, Ganganagar, Bangalore North, Karnataka, 560032.

Company Details

CIN/LLPIN
U70200KA2011PLC057054
Registration Number
057054
Incorporation Date
11 February 2011
Authorized Capital
₹0.50 M
Paid-Up Capital
₹0.20 M
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 0.50 M as on 21-12-2025
Paid Up Capital ₹ 0.20 M as on 21-12-2025
Company Age 15 Year, 1 Month
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 650.00 Cr as on 21-12-2025
Satisfied Charges ₹ 290.00 Cr as on 21-12-2025

Comprehensive Company Insights

Explore comprehensive insights into Summit Developments Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Summit Developments Limited?

Current Directors

Name	Designation	Appointment Date	Status
Shailendra Konanur Subbaraya	Director	24 Feb 2025	Current
Aditya Virwani	Director	13 Mar 2025	Current
Rajesh Narayanan Kaimal	Director	13 Mar 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	06 Sep 2011	Past
Pramod Abcsdd	Director	25 Feb 2025	Past
Pramod Abcsdd	Additional Director	30 Sep 2024	Past
Pramod Abcsdd	Director	06 Sep 2011	Past
Pramod Abcsdd	Additional Director	24 Sep 2025	Past
Pramod Abcsdd	Director Appointed In Casual Vacancy	03 Dec 2024	Past

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Financial Performance of Summit Developments.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

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YOY Growth

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(FY 2020)

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Total Revenue

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Total Assets

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Profit or Loss

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EBITDA

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What is the Ownership and Shareholding Structure of Summit Developments?

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Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹6,500,000,000.00

Satisfied Charges

₹2,900,000,000.00

Charges Breakdown by Lending Institutions

Others : 650.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
17 Sep 2025	Others	₹650.00 Cr	Open
08 Mar 2013	L&T Infrastructure Finance Company Limited	₹260.00 Cr	Satisfied
21 May 2012	Housing Development Finance Corporation Limited	₹30.00 Cr	Satisfied

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How Many Employees Work at Summit Developments?

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Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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Rating

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Alerts

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Latest Updates, News, and FAQs on Summit Developments

Recent Activity within the Organization

Annual General Meeting

The activity Summit Developments Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records. was completed.
25 Sep 2025
Charges

A charge with Others amounted to Rs. 6,500.00 M with Charge ID 101158432 was registered on 17 Sep 2025. was recorded as a recent event.
17 Sep 2025
Balance Sheet

Summit Developments Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was recorded as a recent event.
31 Mar 2025
Director Appointment

Aditya Virwani was appointed as a Director was appointed as a Director on 13 Mar 2025 & has been associated with this company since 1 year 15 days . was recorded as a recent event.
13 Mar 2025
Director Appointment

Progress on Rajesh Narayanan Kaimal was appointed as a Director was appointed as a Director on 13 Mar 2025 & has been associated with this company since 1 year 15 days . was documented.
13 Mar 2025
Director Appointment

The activity Shailendra Konanur Subbaraya was appointed as a Director was appointed as a Director on 24 Feb 2025 & has been associated with this company since 1 year 1 month . was completed.
24 Feb 2025

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