Summit Marine Exports Private Limited

Imports and trades various types of seafood products.

2017 | Kalla Mandal, Andhra Pradesh (India) | Active
Last Updated: June 16, 2024

Summit Marine Exports Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 19.49 Cr
  • Company Age 7 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 97.79 Cr
  • Satisfied Charges ₹ 4.50 Cr
  • Revenue Growth 17.45%
  • Profit Growth 12.31%
  • Ebitda -20142.29%
  • Net Worth 24.19%
  • Total Assets 7.65%

About Summit Marine Exports

Summit Marine Exports Private Limited (SMEPL) is a Private Limited Indian Non-Government Company incorporated in India on 19 December 2017 (Seven years and one month 25 days old ). Its registered office is in Kalla Mandal, Andhra Pradesh, India.

The Company is engaged in the Food And Beverages 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 20.00 Cr and a paid-up capital of Rs 19.49 Cr.

The company currently has active open charges totaling ₹97.79 Cr. The company has closed loans amounting to ₹4.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Summit Marine Exports Private Limited India is Shruti Agarwal as COMPANY SECRETARY. Alluri Varma, Mantena Raju, Manthena Raju, and Three other members serve as directors at the Company.

Company Details

  • Location

    Kalla Mandal, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    summitmarineexports.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U05000AP2017PTC107283

  • Company No.

    107283

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Dec 2017

  • Date of AGM

    06 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Food and Beverages

Who are the key members and board of directors at Summit Marine Exports?

Executive Team (2)

Name Designation Appointment Date Status
Mantena Raju Country flag representing In Managing Director 19-Dec-2017 Current
Shruti Agarwal Company Secretary 03-May-2021 Current

Board Members (5)

Name Designation Appointment Date Status
Alluri Varma Country flag representing In Additional Director 27-Jul-2018 Current
Manthena Raju Country flag representing In Additional Director 13-Aug-2018 Current
Vegiraju Jagadish Country flag representing In Additional Director 13-Aug-2018 Current
Manthena Raju Country flag representing In Director 19-Dec-2017 Current
Mantena Sushma Country flag representing In Director 19-Dec-2017 Current

Financial Performance of Summit Marine Exports.

Summit Marine Exports Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.45% increase. The company also saw a substantial improvement in profitability, with a 12.31% increase in profit. The company's net worth Soared by an impressive increase of 24.19%.

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
17.45%
Revenue from Operations
12.03%
Total Assets
7.65%
Profit or Loss
12.31%
Net Worth
24.19%
EBITDA
-20142.29%

What is the Ownership and Shareholding Structure of Summit Marine Exports?

In 2023, Summit Marine Exports had a promoter holding of 44.29% and a public holding of 55.71%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹97.79 Cr

Satisfied Charges

₹4.50 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 93.60 Cr
  • Hdfc Bank Limited : 3.86 Cr
  • Tata Capital Financial Services Limited : 0.32 Cr

Latest Charge Details

Date Lender Amount Status
12 Feb 2024 Hdfc Bank Limited ₹1.19 Cr Open
14 Sep 2023 Hdfc Bank Limited ₹5.73 M Open
10 Feb 2023 Canara Bank ₹39.90 Cr Open
23 Dec 2021 Tata Capital Financial Services Limited ₹3.21 M Open
25 Nov 2021 Hdfc Bank Limited ₹3.28 M Open

How Many Employees Work at Summit Marine Exports?

Summit Marine Exports has a workforce of 77 employees as of Mar 22, 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 Summit Marine Exports, 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 Marine Exports'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 Marine Exports

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.19 Cr with Charge ID 100878022 was registered on 12 Feb 2024.

    12 Feb 2024

  • Charges

    A charge with Canara Bank of Rs. 45.00 Cr registered on 26 Dec 2019 with Charge ID 100317930 was modified on 02 Jan 2024.

    02 Jan 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.57 Cr with Charge ID 100814762 was registered on 14 Sep 2023.

    14 Sep 2023

  • Annual General Meeting

    Summit Marine Exports Private Limited last Annual general meeting of members was held on 06 Sep 2023 as per latest MCA records.

    06 Sep 2023

  • Charges

    A charge registered on 12 Oct 2021 via Charge ID 100493344 with Canara Bank was fully satisfied on 30 Apr 2023.

    30 Apr 2023

  • Charges

    A charge registered on 29 Nov 2019 via Charge ID 100309035 with Others was fully satisfied on 30 Apr 2023.

    30 Apr 2023

Frequently asked questions

  • Summit Marine Exports Private Limited was incorporated on 19 Dec 2017.

  • The authorized share capital of Summit Marine Exports Private Limited is ₹ 20.00 Cr and paid-up capital is ₹ 19.49 Cr.

  • Currently 7 directors are associated with Summit Marine Exports Private Limited.

    • Alluri Chola Varma
    • Mantena Rama Raju
    • Shruti Agarwal
    • Manthena Anjaneya Raju
    • Vegiraju Jagadish
    • Manthena Narasimha Murthy Raju
    • Mantena Sushma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Summit Marine Exports Private Limited is Rs.No.435/1 Near Electrical Sub-Station Akividu Road Elurupadu, Kalla Mandal, Andhra Pradesh, India, 534236.

  • The corporate identification number (CIN) of Summit Marine Exports Private Limited is U05000AP2017PTC107283 and the company number is 107283 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Summit Marine Exports Private Limited is https://www.summitmarineexports.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Summit Marine Exports Private Limited has risen by 17.45%.

  • As Per 2023 financial reports, 77 employees are currently employed by Summit Marine Exports Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Summit Marine Exports Private Limited has experienced an upsurge of 24.19%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Summit Marine Exports Private Limited amount to ₹ 97.79 Cr.

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