Summit India Advisory Private Limited
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 The company has 1 GST registration on record, which is no longer active.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
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 Address23 Floor – 2 Plot 59/61 Arsiwala Mansion Nathalal Parikh Marg, Mumbai, Maharashtra, India – 400005
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Summit India Advisory 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
Financials of Summit India Advisory Private Limited
FY 2021 filings availableSummit India Advisory Private Limited reported revenue of ₹89.27 Lakh (up 26% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2016-17 | FY 2015-16 | FY 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 24.4% | ||
| Net Profit Margin | 11.4% | ||
| 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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Agarwal | Director | 10 May 2018 | 8 Years 5 Months | As last reported |
| Parmanand Agarwal Also directs: Khatushyam Vinimay Limited, Himalayan Carriers Pvt Ltd | Director | 10 May 2018 | 8 Years 5 Months | As last reported |
Auditor
Summit India Advisory Private Limited is audited by Rahul Gautam Divan & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Rahul Gautam Divan & Associates | FY 2017 | 120294W |
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 category | FY 2017 | FY 2016 | FY 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.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2013 | Secondary share transfer | Undisclosed | Buyer: Summit Master Company LLC Seller: 2 individuals |
| Jul 2011 | Funding round | ₹2.22 Cr | Investors: Summit Partners LP |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Summit India Advisory Private Limited 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 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.
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.
News
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:
- Amit Agarwal - Director
- Parmanand Agarwal - Director
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.