Summit Online Trade Solutions Private Limited Company Logo

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:

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 2024, 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

  • 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 Indicators

  • Authorised Capital ₹ 31.50 Cr
  • Paid Up Capital ₹ 26.25 Cr
  • Company Age 17 Year, 8 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

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

NameDesignationAppointment DateStatus
Naresh MangalWhole-Time Director30 Apr 2008Current
Bhavin Doshi DalichandWhole-Time Director31 Mar 2021Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director25 Sep 2009Past
Pramod AbcsddDirector30 Apr 2008Past
Pramod AbcsddDirector03 Apr 2017Past
Pramod AbcsddDirector01 Apr 2009Past
Pramod AbcsddDirector30 Apr 2008Past
Pramod AbcsddDirector30 Apr 2008Past

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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
  • 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%

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 Indicator graph

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Charges (Loans)

There are no open charges registered against the company as per our records.

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 growth trends for Summit Online Trade Solutions Private Limited

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.

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 2024 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Summit Online Trade Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was completed.

  • 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 8 months . was recorded as a recent event.

  • Director Appointment

    Progress on 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 7 months . was documented.

  • Director Appointment

    The activity 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 7 months . was completed.

  • Company Incorporation

    The activity Summit Online Trade Solutions Private Limited was registered on 28 Mar 2008 with Roc Chennai & aged 17 years 8 months as per MCA records. was completed.

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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