Summit Online Trade Solutions Private Limited - Company Profile

It is a environment private limited company based in Chennai, Tamil Nadu, India, established in 2008.
2008 Chennai, Tamil Nadu, India Active
Last Updated:
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About Summit Online Trade Solutions Private Limited

Summit Online Trade Solutions Private Limited, a active private limited company, was established on 28 March 2008 in Chennai, Tamil Nadu, India. Engaging in wind energy solutions within the arts, entertainment and recreation sector, it holds CIN: U74999TN2008PTC067093. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹31.50 Cr and a paid-up capital of ₹26.25 Cr.

Formerly known as Sugal & Damani Enterprises Private Limited. It upholds a compliant status. Employing 11 professional, Its leadership includes Naresh Mangal (Whole-Time Director), Bhavin Doshi Dalichand (Whole-Time Director). Past directors included Rajen Shantilal Chheda, Pravin Bhimshi Chheda, Naresh Mangal. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2024. It is based at No. 6, Back Portion - Ground Floor Parasu Pillai Street, Kilpauk, Chennai, Tamil Nadu, 600010.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U74999TN2008PTC067093

  • Registration Number

    067093

  • Incorporation Date

    28 March 2008

  • Authorized Capital

    ₹31.50 Cr

  • Paid-Up Capital

    ₹26.25 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 31.50 Cr
  • Paid Up Capital ₹ 26.25 Cr
  • Company Age 17 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth **** -32.58%
  • Profit Growth **** -108.82%
  • Ebitda **** 1.83%
  • Net Worth -1.74%
  • Total Assets -10.78%
Company report

Summit Online Trade Solutions Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Summit Online Trade Solutions Private 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 Online Trade Solutions Private Limited?
Current Directors
Name Designation Appointment Date Status
Naresh Mangal Whole-Time Director 30 Apr 2008 Current
Bhavin Doshi Dalichand Whole-Time Director 31 Mar 2021 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 25 Sep 2009 Past
Pramod Abcsdd Director 30 Apr 2008 Past
Pramod Abcsdd Director 03 Apr 2017 Past
Pramod Abcsdd Director 01 Apr 2009 Past
Pramod Abcsdd Director 30 Apr 2008 Past
Pramod Abcsdd Director 30 Apr 2008 Past

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Financial Performance of Summit Online Trade Solutions.

Summit Online Trade Solutions Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 32.58% decrease. The company also saw a substantial fall in profitability, with a 108.82% decrease in profit. The company's net worth dipped by a decrease of 1.74%.

Summit Online Trade Solutions revenue growth over time
Summit Online Trade Solutions profit and loss trends over time
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
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 -32.58%
*******
*******
*******
*******
Revenue from Operations
*******
 157.17%
*******
*******
*******
*******
Total Assets
*******
 -10.78%
*******
*******
*******
*******
Profit or Loss
*******
 -108.82%
*******
*******
*******
*******
Net Worth
*******
 -1.74%
*******
*******
*******
*******
EBITDA
*******
 1.83%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Summit Online Trade Solutions?

In 2023, Summit Online Trade Solutions had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • 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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How Many Employees Work at Summit Online Trade Solutions?

Summit Online Trade Solutions has a workforce of 11 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Summit Online Trade Solutions, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Summit Online Trade Solutions's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Summit Online Trade Solutions
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Summit Online Trade Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Summit Online Trade Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was recorded as a recent event.

  • Director Appointment

    Bhavin Doshi Dalichand was appointed as a Whole-time director was appointed as a Whole-time director on 31 Mar 2021 & has been associated with this company since 4 years 10 months . was recorded as a recent event.

  • Director Appointment

    Nikitha Jain was appointed as a Company Secretary was appointed as a Company Secretary on 12 Apr 2019 & has been associated with this company since 6 years 10 months . was recorded as a recent event.

  • Director Appointment

    Naresh Mangal was appointed as a Whole-time director was appointed as a Whole-time director on 30 Apr 2008 & has been associated with this company since 17 years 9 months . was recorded as a recent event.

  • Company Incorporation

    Progress on Summit Online Trade Solutions Private Limited was registered on 28 Mar 2008 with Roc Chennai & aged 17 years 10 months as per MCA records. was documented.

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Frequently Asked Questions
What is the CIN of Summit Online Trade Solutions Private Limited?

The CIN of Summit Online Trade Solutions Private Limited is U74999TN2008PTC067093.

Where is Summit Online Trade Solutions Private Limited headquartered?

Summit Online Trade Solutions Private Limited is headquartered at No. 6, Back Portion - Ground Floor Parasu Pillai Street, Kilpauk, Chennai, Tamil Nadu, 600010.

When was Summit Online Trade Solutions Private Limited incorporated?

Summit Online Trade Solutions Private Limited was incorporated on 28 March 2008.

Who are the current directors of Summit Online Trade Solutions Private Limited?

The current directors of Summit Online Trade Solutions Private Limited are

What is the primary industry of Summit Online Trade Solutions Private Limited?

The primary industry of Summit Online Trade Solutions Private Limited is Arts, Entertainment And Recreation.

Is Summit Online Trade Solutions Private Limited a listed company?

Summit Online Trade Solutions Private Limited is unlisted.

What is the capital structure of Summit Online Trade Solutions Private Limited?

The authorized capital of Summit Online Trade Solutions Private Limited is ₹31.50 Cr, and the paid-up capital is ₹26.25 Cr.

What is the compliance status of Summit Online Trade Solutions Private Limited?

The compliance status of Summit Online Trade Solutions Private Limited is Compliant.

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