Summit Engineering Technology Private Limited

Provides general purpose machinery and equipment, including torque wrenches and screwdrivers, to assembly/maintenance industry.

2002 | Navi Mumbai, Maharashtra (India) | Active
Last Updated: July 16, 2024

Summit Engineering Technology Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.92 M
  • Company Age 23 Year, 10 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.80 M
  • Revenue Growth 14.16%
  • Profit Growth 107.72%
  • Ebitda 66.97%
  • Net Worth 7.47%
  • Total Assets 6.84%

About Summit Engineering Technology

Summit Engineering Technology Private Limited (SETPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 February 2002 and has a history of 23 years. Its registered office is in Navi Mumbai, Maharashtra, India.

The Company is engaged in the Machinery And Equipment 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 1.00 M and a paid-up capital of Rs 0.92 M.

The company currently has active open charges totaling ₹1.80 M.

Satyajit Shah and Ravi Vobbilisetty serve as directors at the Company.

Company Details

  • Location

    Navi Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    summitengg.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51500MH2002PTC134829

  • Company No.

    134829

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Feb 2002

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Summit Engineering Technology Private Limited offer?

Summit Engineering Technology Private Limited offers a wide range of products and services, including Pliers, Screwdrivers & Hammers, Spanners, Wrenches & Sockets, Torque Wrench, Sensors & Transducers, Load Cell, Measuring Equipments & Instruments, Digital Torque Meter, Calibrating Machine, Drills, Grinders, Saws & Power Tools.

Who are the key members and board of directors at Summit Engineering Technology?

Board Members (2)

Name Designation Appointment Date Status
Satyajit Shah Country flag representing In Director 07-Feb-2002 Current
Ravi Vobbilisetty Country flag representing In Director 07-Feb-2002 Current

Financial Performance of Summit Engineering Technology.

Summit Engineering Technology Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.16% increase. The company also saw a substantial improvement in profitability, with a 107.72% increase in profit. The company's net worth moved up by a moderate rise of 7.47%.

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
14.16%
Revenue from Operations
13.90%
Total Assets
6.84%
Profit or Loss
107.72%
Net Worth
7.47%
EBITDA
66.97%

What is the Ownership and Shareholding Structure of Summit Engineering Technology?

In 2023, Summit Engineering Technology had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.80 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 0.18 Cr

Latest Charge Details

Date Lender Amount Status
01 Mar 2005 Canara Bank ₹1.50 M Open
24 Sep 2002 Canara Bank ₹0.30 M Open

How Many Employees Work at Summit Engineering Technology?

Unlock and access historical data on people associated with Summit Engineering Technology, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Summit Engineering Technology, 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 Engineering Technology'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 Engineering Technology

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Summit Engineering Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Canara Bank of Rs. 1.50 M registered on 01 Mar 2005 with Charge ID 80011352 was modified on 25 Feb 2012.

    25 Feb 2012

  • Charges

    A charge with Canara Bank amounted to Rs. 1.50 M with Charge ID 80011352 was registered on 01 Mar 2005.

    01 Mar 2005

  • Charges

    A charge with Canara Bank amounted to Rs. 0.30 M with Charge ID 90242380 was registered on 24 Sep 2002.

    24 Sep 2002

  • Director Appointment

    Satyajit Abhaykumar Shah was appointed as a Director was appointed as a Director on 07 Feb 2002 & has been associated with this company since 23 years 10 days .

    07 Feb 2002

Frequently asked questions

  • Summit Engineering Technology Private Limited was incorporated on 07 Feb 2002.

  • The authorized share capital of Summit Engineering Technology Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.92 M.

  • Currently 2 directors are associated with Summit Engineering Technology Private Limited.

    • Satyajit Abhaykumar Shah
    • Ravi Shankar Vobbilisetty
  • As per Ministry of Corporate Affairs (Mca), the registered address of Summit Engineering Technology Private Limited is B-23 Group-Ii Summit House Sector-4 Airoli, Navi Mumbai, Maharashtra, India, 400708.

  • The corporate identification number (CIN) of Summit Engineering Technology Private Limited is U51500MH2002PTC134829 and the company number is 134829 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Summit Engineering Technology Private Limited is https://www.summitengg.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Summit Engineering Technology Private Limited has risen by 14.16%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Summit Engineering Technology Private Limited has experienced an upsurge of 7.47%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Summit Engineering Technology Private Limited amount to ₹ 1.80 M.

  • The most recent Balance Sheet for Summit Engineering Technology Private Limited was filed with the ROC on 31 Mar 2023.