Summit Information Technologies Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
as on 02-01-2025
- Paid Up Capital ₹ 7.37 M
as on 02-01-2025
- Company Age 34 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.99 Cr
as on 02-01-2025
- Satisfied Charges ₹ 5.33 M
as on 02-01-2025
- Revenue 16.65%
(FY 2022)
- Profit 101.72%
(FY 2022)
- Ebitda 310.20%
(FY 2022)
- Net Worth 0.83%
(FY 2022)
- Total Assets -8.45%
(FY 2022)
About Summit Information Technologies
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.
- 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
Company Details
- Location
Delhi, India
- Telephone
- Email Address
- Website
- Social Media
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.
Who are the key members and board of directors at Summit Information Technologies?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Yash Bindra  | Director | 01-Oct-1991 | Current |
| Sunil Khullar | Director | 28-Aug-2014 | Current |
| Rakesh Kapoor | Director | 28-Dec-1990 | Current |
| Devendra Joshi | Director | 13-May-2019 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Process Nine Technologies Private LimitedActive 15 years 11 monthsRakesh Kapoor and Devendra Joshi are mutual person
Charges (Loans)
₹1.99 Cr
₹0.53 Cr
Charges Breakdown by Lending Institutions
- Others : 1.90 Cr
- Small Industries Development Bank Of India : 0.09 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Jan 2022 | Others | ₹2.00 M | Open |
| 13 Jul 2009 | Others | ₹1.70 Cr | Open |
| 10 Feb 2006 | Small Industries Development Bank Of India | ₹0.88 M | Open |
| 16 Jun 2020 | Others | ₹4.00 M | Satisfied |
| 17 Apr 2017 | Axis Bank Limited | ₹1.34 M | Satisfied |
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.
Deals i
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
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
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.
