Summersalt Lifestyle Private Limited

Online portal for wholesale trading of unique footwear products.

2020 | Gurugram, Haryana (India) | Active
Last Updated:

Summersalt Lifestyle Profile

Key Indicators

  • Authorised Capital ₹ 2.05 M
  • Paid Up Capital ₹ 0.55 M
  • Company Age 5 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 31.00 Cr
  • Satisfied Charges ₹ 2.50 Cr
  • Revenue Growth 55.40%
  • Profit Growth -38.01%
  • Ebitda -51.13%
  • Net Worth 108.59%
  • Total Assets 65.21%

About Summersalt Lifestyle

Summersalt Lifestyle Private Limited (SLPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 17 March 2020 (Five years and two months 9 days old ). Its registered office is in Gurugram, Haryana, India.

The Company is engaged in the E-Commerce Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.05 M and a paid-up capital of Rs 0.55 M.

The company currently has active open charges totaling ₹31.00 Cr. The company has closed loans amounting to ₹2.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Brij Chopra, Tanya Chopra, Sumant Kakaria, and Two other members serve as directors at the Company.

Company Details

  • Location

    Gurugram, Haryana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U18109HR2020PTC107955

  • Company No.

    362883

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Mar 2020

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

E-Commerce

What products or services does Summersalt Lifestyle Private Limited offer?

Summersalt Lifestyle Private Limited offers a wide range of products and services, including Shoes, Mens Rubber Slipper.

Company report

Summersalt Lifestyle Private Limited

Explore comprehensive data for Summersalt Lifestyle Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Summersalt Lifestyle?

Board Members (5)

NameDesignationAppointment DateStatus
Vinay Singh Country flag representing In Nominee Director 27-Mar-2024Current
Gaurav Chopra Country flag representing In Director 17-Mar-2020Current
Brij Chopra Country flag representing In Director 17-Mar-2020Current
Tanya Chopra Country flag representing In Director 31-Jan-2023Current
Sumant Kakaria Country flag representing In Director 17-Mar-2020Current

Financial Performance of Summersalt Lifestyle.

Summersalt Lifestyle Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 55.4% increase. The company also saw a substantial fall in profitability, with a 38.01% decrease in profit. The company's net worth Soared by an impressive increase of 108.59%.

Summersalt Lifestyle revenue growth over time
Summersalt Lifestyle 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
55.40%
Revenue from Operations
54.96%
Total Assets
65.21%
Profit or Loss
-38.01%
Net Worth
108.59%
EBITDA
-51.13%

What is the Ownership and Shareholding Structure of Summersalt Lifestyle?

In 2023, Summersalt Lifestyle had a public holding of 5.94%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹310.00 M

Satisfied Charges

₹25.00 M

Charges Breakdown by Lending Institutions

  • Others : 26.00 Cr
  • Axis Bank Limited : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
08 May 2024Axis Bank Limited₹5.00 CrOpen
28 Dec 2023Others₹18.00 CrOpen
13 Sep 2023Others₹4.00 CrOpen
20 Jan 2023Others₹4.00 CrOpen
23 Nov 2021Others₹2.50 CrSatisfied

How Many Employees Work at Summersalt Lifestyle?

Summersalt Lifestyle has a workforce of 0 employees as of Jun 29, 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 Summersalt Lifestyle Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Summersalt Lifestyle, 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 Summersalt Lifestyle'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 Summersalt Lifestyle

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 50.00 M with Charge ID 100927751 was registered on 08 May 2024.

  • Director Appointment

    Vinay Singh was appointed as a Nominee Director was appointed as a Nominee Director on 27 Mar 2024 & has been associated with this company since 1 year 1 month .

  • Charges

    A charge with Others of Rs. 40.00 M registered on 20 Jan 2023 with Charge ID 100679899 was modified on 22 Mar 2024.

  • Charges

    A charge with Others amounted to Rs. 180.00 M with Charge ID 100844469 was registered on 28 Dec 2023.

  • Charges

    A charge with Others of Rs. 180.00 M registered on 28 Dec 2023 with Charge ID 100844469 was modified on 28 Dec 2023.

  • Annual General Meeting

    Summersalt Lifestyle Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Summersalt Lifestyle Private Limited?

    Summersalt Lifestyle Private Limited was incorporated on 17 Mar 2020.

  • What is authorized share capital and paid-up capital of Summersalt Lifestyle Private Limited?

    The authorized share capital of Summersalt Lifestyle Private Limited is ₹ 2.05 M and paid-up capital is ₹ 0.55 M.

  • Who are the current board members & directors of Summersalt Lifestyle Private Limited?

    Currently 5 directors are associated with Summersalt Lifestyle Private Limited.

    • Brij Chopra
    • Tanya Chopra
    • Sumant Kakaria
    • Gaurav Chopra
    • Vinay Singh

  • What is the registered address of Summersalt Lifestyle Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Summersalt Lifestyle Private Limited is Unit B17-02 And B17-03 17Th Floor Tower B Emaar Digital Greens, Sector 61 India, Gurgaon, Haryana, 122011.

  • What is the corporate identification number (CIN) and company number of Summersalt Lifestyle Private Limited?

    The corporate identification number (CIN) of Summersalt Lifestyle Private Limited is U18109HR2020PTC107955 and the company number is 362883 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Summersalt Lifestyle Private Limited?

    The Official website of Summersalt Lifestyle Private Limited is https://www.solethreads.com

  • What has been the recent revenue trend for Summersalt Lifestyle Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Summersalt Lifestyle Private Limited has risen by 55.40%.

  • What change has been observed in the net worth of Summersalt Lifestyle Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Summersalt Lifestyle Private Limited has experienced an upsurge of 108.59%.

  • What are the total open charges for Summersalt Lifestyle Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Summersalt Lifestyle Private Limited amount to ₹ 31.00 Cr.

  • When was the last Balance Sheet of Summersalt Lifestyle Private Limited filed with the ROC?

    The most recent Balance Sheet for Summersalt Lifestyle Private Limited was filed with the ROC on 31 Mar 2023.

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