Summit Online Trade Solutions Private Limited logo

Summit Online Trade Solutions Private Limited

Online lottery distribution and wind power generation company since 2008.
2008 | Chennai, Tamil Nadu (India) | Active

Last Updated:

November 16, 2024
HomeCompanySummit Online Trade Solutions Private Limited

Who are the key members and board of directors at Summit Online Trade Solutions?

Executive Team (1)

NameDesignationAppointment DateStatus
Nikitha Jain InCompany Secretary12-Apr-2019Current

Board Members(2)

NameDesignationAppointment DateStatus
Bhavin Dalichand In Whole-Time Director 31-Mar-2021Current
Naresh Mangal In Whole-Time Director 30-Apr-2008Current

Financial Performance and Corporate Structure Insights of Summit Online Trade Solutions.

Summit Online Trade Solutions Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 32.58% decrease. The company also saw a substantial fall in profitability, with a 108.82% decrease in profit. The company's net worth dipped by a decrease of 1.74%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-32.58%
Revenue from Operations
157.17%
Total Assets
-10.78%
Profit or Loss
-108.82%
Net Worth
-1.74%
EBITDA
1.78%

Related Corporates (Common Directorship)

Charges (Loans)

Charges

There are no open charges registered against the company as per our records.

How Many Employees Work at Summit Online Trade Solutions?

Summit Online Trade Solutions has a workforce of 11 employees as of Apr 06, 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 Graph

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Latest Updates, News, and FAQs on Summit Online Trade Solutions

Recent activity within the organization

  • Annual General Meeting

    Summit Online Trade Solutions 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 Online Trade Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Bhavin Doshi Dalichand was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 31 Mar 2021 & has been associated with this company since 3 years 8 months .

    31 Mar 2021

  • Director Appointment

    Nikitha Jain was appointed as a Company Secretary was appointed as a Company Secretary on 12 Apr 2019 & has been associated with this company since 5 years 8 months .

    12 Apr 2019

  • Director Appointment

    Naresh Mangal was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 30 Apr 2008 & has been associated with this company since 16 years 7 months .

    30 Apr 2008

  • Company Incorporation

    Summit Online Trade Solutions Private Limited was registered on 28 Mar 2008 with Roc Chennai & aged 16 years 8 months as per MCA records.

    28 Mar 2008

Frequently asked questions

  • Summit Online Trade Solutions Private Limited was incorporated on 28 Mar 2008.

  • The authorized share capital of Summit Online Trade Solutions Private Limited is ₹ 31.50 Cr and paid-up capital is ₹ 26.25 Cr.

  • Currently 3 directors are associated with Summit Online Trade Solutions Private Limited.

    • Bhavin Doshi Dalichand
    • Naresh Mangal
    • Nikitha Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Summit Online Trade Solutions Private Limited is No. 6 Back Portion - Ground Floor Parasu Pillai Street, Kilpauk India, Chennai, Tamil Nadu, 600010.

  • The corporate identification number (CIN) of Summit Online Trade Solutions Private Limited is U74999TN2008PTC067093 and the company number is 067093 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Summit Online Trade Solutions Private Limited is https://www.sugalgroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Summit Online Trade Solutions Private Limited has fallen by -32.58%.

  • As Per 2023 financial reports, 11 employees are currently employed by Summit Online Trade Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Summit Online Trade Solutions Private Limited has experienced an downturn of -1.74%.

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

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