Summit Information Technologies Private Limited

Provides digital and software solutions, customization services, and media management for various industries.

1990 | Delhi (India) | Active
Last Updated:

Summit Information Technologies Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 7.37 M
  • Company Age 34 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.99 Cr
  • Satisfied Charges ₹ 5.33 M
  • Revenue Growth 16.65%
  • Profit Growth 101.72%
  • Ebitda 310.20%
  • Net Worth 0.83%
  • Total Assets -8.45%

About Summit Information Technologies

Summit Information Technologies Private Limited (SITPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 December 1990 and has a history of 34 years and four months. Its registered office is in Delhi, India.

The Corporate was formerly known as Summit Information Technologies Limited. The Company is engaged in the Information Technology 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 2.00 Cr and a paid-up capital of Rs 7.37 M.

The company currently has active open charges totaling ₹1.99 Cr. The company has closed loans amounting to ₹5.33 M, as per Ministry of Corporate Affairs (MCA) records.

Rakesh Kapoor, Yash Bindra, Sunil Khullar, and One other member serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U75210DL1990PTC042533

  • Company No.

    042533

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Dec 1990

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Information Technology

What products or services does Summit Information Technologies Private Limited offer?

Summit Information Technologies Private Limited offers a wide range of products and services, including Software Development & IT Consultant, Content Management Service, Branding & Advertising Agencies, Advertising Service, Business Planning and Management, Business Consultant, Telecom Services, Engg & Maintenance, Payment Processing Service, Call Centre & Customer Care Services, Technology Support Services.

Company report

Summit Information Technologies Private Limited

Explore comprehensive data for Summit Information Technologies Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Summit Information Technologies?

Board Members (4)

NameDesignationAppointment DateStatus
Yash Bindra Country flag representing In Director 01-Oct-1991Current
Sunil Khullar Country flag representing In Director 28-Aug-2014Current
Rakesh Kapoor Country flag representing In Director 28-Dec-1990Current
Devendra Joshi Country flag representing In Director 13-May-2019Current

Financial Performance of Summit Information Technologies.

Summit Information Technologies Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 16.65% increase. The company also saw a substantial improvement in profitability, with a 101.72% increase in profit. The company's net worth moved up by a moderate rise of 0.83%.

Summit Information Technologies revenue growth over time
Summit Information Technologies 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
16.65%
Revenue from Operations
16.52%
Total Assets
-8.45%
Profit or Loss
101.72%
Net Worth
0.83%
EBITDA
310.20%

What is the Ownership and Shareholding Structure of Summit Information Technologies?

In 2021, Summit Information Technologies had a promoter holding of 90.28% and a public holding of 9.72%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.99 Cr

Satisfied Charges

₹0.53 Cr

Charges Breakdown by Lending Institutions

  • Others : 1.90 Cr
  • Small Industries Development Bank Of India : 0.09 Cr

Latest Charge Details

DateLenderAmountStatus
13 Jan 2022Others₹2.00 MOpen
13 Jul 2009Others₹1.70 CrOpen
10 Feb 2006Small Industries Development Bank Of India₹0.88 MOpen
16 Jun 2020Others₹4.00 MSatisfied
17 Apr 2017Axis Bank Limited₹1.34 MSatisfied

How Many Employees Work at Summit Information Technologies?

Summit Information Technologies has a workforce of 24 employees as of Apr 05, 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 Information Technologies Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Summit Information Technologies, 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 Information Technologies'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 Information Technologies

Recent activity within the organization

  • Annual General Meeting

    Summit Information Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 16 Jun 2020 via Charge ID 100351714 with Others was fully satisfied on 08 Aug 2024.

  • Balance Sheet

    Summit Information Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Charges

    A charge with Others of Rs. 1.70 Cr registered on 13 Jul 2009 with Charge ID 10172538 was modified on 01 Feb 2022.

  • Charges

    A charge with Others amounted to Rs. 0.20 Cr with Charge ID 100530638 was registered on 13 Jan 2022.

  • Charges

    A charge registered on 17 Apr 2017 via Charge ID 100104821 with Axis Bank Limited was fully satisfied on 14 Apr 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Summit Information Technologies Private Limited?

    Summit Information Technologies Private Limited was incorporated on 28 Dec 1990.

  • What is authorized share capital and paid-up capital of Summit Information Technologies Private Limited?

    The authorized share capital of Summit Information Technologies Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 7.37 M.

  • Who are the current board members & directors of Summit Information Technologies Private Limited?

    Currently 4 directors are associated with Summit Information Technologies Private Limited.

    • Rakesh Kapoor
    • Yash Pal Bindra
    • Sunil Khullar
    • Devendra Joshi

  • What is the registered address of Summit Information Technologies Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Summit Information Technologies Private Limited is E-13 Model Town Ground Floor, India, Delhi, 110009.

  • What is the corporate identification number (CIN) and company number of Summit Information Technologies Private Limited?

    The corporate identification number (CIN) of Summit Information Technologies Private Limited is U75210DL1990PTC042533 and the company number is 042533 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Summit Information Technologies Private Limited?

    The Official website of Summit Information Technologies Private Limited is https://www.summitindia.com

  • What has been the recent revenue trend for Summit Information Technologies Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Summit Information Technologies Private Limited has risen by 16.65%.

  • How many employees does Summit Information Technologies Private Limited currently have?

    As Per 2022 financial reports, 24 employees are currently employed by Summit Information Technologies Private Limited.

  • What change has been observed in the net worth of Summit Information Technologies Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Summit Information Technologies Private Limited has experienced an upsurge of 0.83%.

  • What are the total open charges for Summit Information Technologies Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Summit Information Technologies Private Limited amount to ₹ 1.99 Cr.

  • When was the last Balance Sheet of Summit Information Technologies Private Limited filed with the ROC?

    The most recent Balance Sheet for Summit Information Technologies Private Limited was filed with the ROC on 31 Mar 2024.

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