About Summit Developments Limited
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Summit Developments Limited is a public limited company based in Bangalore North, Karnataka, India, a subsidiary of Nam Estates Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 11 February 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70200KA2011PLC057054. Its GSTIN is 29AAPCS4469K1ZF (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.04 Lakh. It is led by directors including Shailendra Konanur Subbaraya and Aditya Virwani.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 14th Floor Pinnacle Tower Embassy One 8 Bellary Road Ganganagar, Bangalore North, Karnataka, India – 560032.
As per the financials filed for FY 2025, the company reported a revenue of ₹35.62 Cr. For the same year it recorded a net profit of ₹19.51 Cr (net margin 54.8%) and EBITDA of ₹34.56 Cr (EBITDA margin 97%).
As per MCA filings, the company has open charges of ₹650 Cr and satisfied charges of ₹290 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website embassyindia.com.
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- Registered Address14th Floor Pinnacle Tower Embassy One 8 Bellary Road Ganganagar, Bangalore North, Karnataka, India – 560032
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
CIN History of Summit Developments Limited
Summit Developments has one previous CIN (Corporate Identification Number): U70200KA2011PTC057054. The current CIN is U70200KA2011PLC057054, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70200KA2011PLC057054 | Current |
| U70200KA2011PTC057054 | Previous |
Board of Directors of Summit Developments Limited
Summit Developments has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shailendra Konanur Subbaraya Also directs: Embassy One Developers Limited, Embassy East Business Park Limited, Reque Developers Limited and 5 more | Director | 24 Feb 2025 | 1 Years 7 Months | Current |
| Aditya Virwani Also directs: Embassy Developments Limited, Embassy East Business Park Limited, Sion Eden Developers Limited and 5 more | Director | 13 Mar 2025 | 1 Years 6 Months | Current |
| Rajesh Narayanan Kaimal Also directs: Saltire Estate and Resorts LLP, Alara Properties LLP, Embassy Developments Limited and 5 more | Director | 13 Mar 2025 | 1 Years 6 Months | Current |
Financials of Summit Developments Limited FY 2025 filings available
Summit Developments Limited reported revenue of ₹35.62 Cr for FY 2025.
Financial Statement Summary of Summit Developments Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹34.56 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹19.51 Cr | •••• | •••• | •••• | •••• |
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Financial Ratios of Summit Developments Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 97% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 54.8% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
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| Efficiency and Growth | |||||
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| Receivable Days | •••• | •••• | •••• | •••• | •••• |
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Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Summit Developments are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Charges & Borrowings of Summit Developments Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Sep 2025 | Others | ₹650 Cr | Open |
| 08 Mar 2013 | L&T Infrastructure Finance Company Limited | ₹260 Cr | Satisfied |
| 21 May 2012 | Housing Development Finance Corporation Limited | ₹30 Cr | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Summit Developments Limited
Employment history and EPFO contributions of people linked to Summit Developments.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Summit Developments Limited
Summit Developments has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAPCS4469K1ZF | Karnataka | Active | 20 Aug 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Legal Cases of Summit Developments Limited
Summit Developments Limited has 3 court cases on record: 2 filed by Summit Developments, 1 filed against it. 2 cases are pending and 1 is disposed. Status as checked between 30 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Tax appeal | Filed against the company by PR. Commissioner of Income - Tax | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against Commissioner of Income Tax | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against State of Karnataka | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Credit Ratings, Litigation & Regulatory Alerts for Summit Developments Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Summit Developments Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Summit Developments Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Summit Developments Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Summit Developments Limited
Recent News on Summit Developments Limited
Frequently Asked Questions about Summit Developments Limited
Summit Developments is an active public limited company based in Bangalore North, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 11 February 2011 (15+ years old) and is registered under CIN U70200KA2011PLC057054.
Summit Developments reported revenue of ₹35.62 Cr for FY 2025.
Summit Developments has 3 current directors:
- Shailendra Konanur Subbaraya - Director
- Aditya Virwani - Director
- Rajesh Narayanan Kaimal - Director
Summit Developments reported a net profit of ₹19.51 Cr (net margin 54.8%) and EBITDA of ₹34.56 Cr (EBITDA margin 97%) for FY 2025, as per its filed financial statements.
The GSTIN of Summit Developments is 29AAPCS4469K1ZF, registered in Karnataka.
The CIN (Corporate Identification Number) of Summit Developments is U70200KA2011PLC057054. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Summit Developments has 3 court cases on record: 2 filed by the company and 1 filed against it. 2 are pending.
Summit Developments was incorporated on 11 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Summit Developments can be reached through the website embassyindia.com. Its registered office is in Bangalore North, Karnataka, India.