Summer News Network Private Limited

Publishing house printing newspapers and magazines, incorporated in 2021.

2021 | Ludhiana, Punjab (India) | Active
Last Updated: November 16, 2024

Summer News Network Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 3 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 29.80%
  • Profit Growth -219.59%
  • Ebitda -239.84%
  • Net Worth -432.26%
  • Total Assets 51.65%

About Summer News Network

Summer News Network Private Limited (SNNPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 23 April 2021 (Three years and nine months 8 days old ). Its registered office is in Ludhiana, Punjab, India.

The Company is engaged in the Media And Publishing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.50 M and a paid-up capital of Rs 1.00 M, as per Ministry of Corporate Affairs (MCA) records.

Payal Mohindra and Arshdeep Singh serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999PB2021PTC053288

  • Company No.

    053288

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Apr 2021

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Media and Publishing

Who are the key members and board of directors at Summer News Network?

Board Members (2)

NameDesignationAppointment DateStatus
Payal Mohindra Country flag representing In Director 23-Apr-2021Current
Arshdeep Singh Country flag representing In Director 23-Apr-2021Current

Financial Performance of Summer News Network.

Summer News Network Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.8% increase. The company also saw a substantial fall in profitability, with a 219.59% decrease in profit. The company's net worth observed a substantial decline by a decrease of 432.26%.

Graph illustrating revenue growth over time
Graph showing 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
29.80%
Revenue from Operations
29.66%
Total Assets
51.65%
Profit or Loss
-219.59%
Net Worth
-432.26%
EBITDA
-239.84%

What is the Ownership and Shareholding Structure of Summer News Network?

Unlock access to Summer News Network's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

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

How Many Employees Work at Summer News Network?

Summer News Network has a workforce of 65 employees as of Apr 04, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Summer News Network, 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 Summer News Network'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 Summer News Network

Recent activity within the organization

  • Annual General Meeting

    Summer News Network Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Summer News Network Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Director Appointment

    Payal Mohindra was appointed as a Director was appointed as a Director on 23 Apr 2021 & has been associated with this company since 3 years 9 months .

    23 Apr 2021

  • Director Appointment

    Arshdeep Singh was appointed as a Director was appointed as a Director on 23 Apr 2021 & has been associated with this company since 3 years 9 months .

    23 Apr 2021

  • Company Incorporation

    Summer News Network Private Limited was registered on 23 Apr 2021 with Roc Chandigarh & aged 3 years 9 months as per MCA records.

    23 Apr 2021

Frequently asked questions

  • Summer News Network Private Limited was incorporated on 23 Apr 2021.

  • The authorized share capital of Summer News Network Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Summer News Network Private Limited.

    • Payal Mohindra
    • Arshdeep Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Summer News Network Private Limited is House No. 1058 Dayal Nagar Civil Lines Nr. Modern Hostel, India, Ludhiana, Punjab, 141001.

  • The corporate identification number (CIN) of Summer News Network Private Limited is U74999PB2021PTC053288 and the company number is 053288 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Summer News Network Private Limited has risen by 29.80%.

  • As Per 2023 financial reports, 65 employees are currently employed by Summer News Network Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Summer News Network Private Limited has experienced an downturn of -432.26%.

  • The most recent Balance Sheet for Summer News Network Private Limited was filed with the ROC on 31 Mar 2024.