Summit Securities Limited

NBFC providing investment and financial services, incorporated in 1997 and based in Mumbai.

1997 | Mumbai, Maharashtra (India) | Active
Last Updated:

Summit Securities Profile

Key Indicators

  • Authorised Capital ₹ 182.00 Cr
  • Paid Up Capital ₹ 10.90 Cr
  • Company Age 28 Year, 30 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2,283.16 Cr
  • Satisfied Charges ₹ 2,501.86 Cr
  • Revenue Growth 102.16%
  • Profit Growth 128.93%
  • Ebitda 114.24%
  • Net Worth 4.02%
  • Total Assets 4.14%

About Summit Securities

Summit Securities Limited (SSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 30 January 1997 and has a history of 28 years. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 533306 and on the National Stock Exchange(NSE) under SUMMITSEC.

The Corporate was formerly known as Rpg Itochu Finance Limited. The Company is engaged in the Financial Services 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 182.00 Cr and a paid-up capital of Rs 10.90 Cr.

The company currently has active open charges totaling ₹2,283.16 Cr. The company has closed loans amounting to ₹2,501.86 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Summit Securities Limited India are Ms Gangwani as COMPANY SECRETARY and Anand Rathi as Cfo. Rohin Bomanji, Manish Jain, Shweta Musale, and Four other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    summitsecurities.net

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L65921MH1997PLC194571

  • Company No.

    194571

  • Stock Symbol

    BSE : 533306 NSE : SUMMITSEC

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 Jan 1997

  • Date of AGM

    22 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Financial Services

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

Executive Team (2)

NameDesignationAppointment DateStatus
Ms Gangwani Country flag representing In Company Secretary01-Jun-2015Current
Anand Rathi CFO13-Mar-2024Current

Board Members (7)

NameDesignationAppointment DateStatus
Ramesh Chandak Country flag representing In Director 29-Sep-1999Current
Rohin Bomanji Country flag representing In Director 01-Aug-2024Current
Manish Jain Country flag representing In Director 30-Jun-2022Current
Shweta Musale Country flag representing In Director 10-Nov-2021Current
Sunil Tamhane Country flag representing In Director 16-Sep-2024Current
Hari Rajpoot Country flag representing In Director 11-Feb-2010Current

Financial Performance of Summit Securities.

Summit Securities Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 102.16% increase. The company also saw a substantial improvement in profitability, with a 128.93% increase in profit. The company's net worth moved up by a moderate rise of 4.02%.

Summit Securities revenue growth over time
Summit Securities 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
102.16%
Revenue from Operations
97.28%
Total Assets
4.14%
Profit or Loss
128.93%
Net Worth
4.02%
EBITDA
114.24%

What is the Ownership and Shareholding Structure of Summit Securities?

In 2022, Summit Securities had a promoter holding of 74.64% and a public holding of 25.35%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2,283.16 Cr

Satisfied Charges

₹2,501.86 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India Limited : 2000.00 Cr
  • Idbi Bank : 60.00 Cr
  • Icici Ltd : 39.60 Cr
  • Scici Ltd : 29.60 Cr
  • Commerzbank Ag : 25.00 Cr
  • Others : 128.96 Cr

Latest Charge Details

DateLenderAmountStatus
25 Sep 1998Icici Bank Ltd₹8.00 CrOpen
30 Mar 1998Idbi Bank₹60.00 CrOpen
20 Mar 1998Not Applicable₹25.00 CrOpen
27 Jan 1998The Sumitomo Bank Limited₹10.00 CrOpen
12 Nov 1997Commerz Bank Ag₹18.00 CrOpen

How Many Employees Work at Summit Securities?

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

Employee growth trends for Summit Securities Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Director Appointment

    Sunil Kamalakar Tamhane was appointed as a Director was appointed as a Director on 16 Sep 2024 & has been associated with this company since 5 months 15 days .

  • Annual General Meeting

    Summit Securities Limited last Annual general meeting of members was held on 22 Aug 2024 as per latest MCA records.

  • Director Appointment

    Rohin Feroze Bomanji was appointed as a Director was appointed as a Director on 01 Aug 2024 & has been associated with this company since 7 months .

  • Balance Sheet

    Summit Securities Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Anand Rathi was appointed as a Cfo was appointed as a Cfo on 13 Mar 2024 & has been associated with this company since 11 months 19 days .

  • Director Appointment

    Manish Jain was appointed as a Director was appointed as a Director on 30 Jun 2022 & has been associated with this company since 2 years 8 months .

Frequently asked questions

  • What is the Incorporation or founding date of Summit Securities Limited?

    Summit Securities Limited was incorporated on 30 Jan 1997.

  • What is authorized share capital and paid-up capital of Summit Securities Limited?

    The authorized share capital of Summit Securities Limited is ₹ 182.00 Cr and paid-up capital is ₹ 10.90 Cr.

  • Who are the current board members & directors of Summit Securities Limited?

    Currently 9 directors are associated with Summit Securities Limited.

    • Ms Jiya Gangwani
    • Rohin Feroze Bomanji
    • Manish Jain
    • Shweta Ratnakar Musale
    • Sunil Kamalakar Tamhane
    • Hari Narain Singh Rajpoot
    • Abhay Vasant Nerurkar
    • Ramesh Chandak
    • Anand Rathi

  • What is the registered address of Summit Securities Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Summit Securities Limited is 213 Bezzola Complex B Wing 71 Sion-Trombay Road, Chembur India, Mumbai, Maharashtra, 400071.

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

    The corporate identification number (CIN) of Summit Securities Limited is L65921MH1997PLC194571 and the company number is 194571 as per Ministry of Corporate Affairs (MCA).

  • Is Summit Securities Limited registered with any stock exchange in India?

    Yes, Summit Securities Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): SUMMITSEC.

  • What is the official website of Summit Securities Limited?

    The Official website of Summit Securities Limited is https://www.summitsecurities.net

  • What has been the recent revenue trend for Summit Securities Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Summit Securities Limited has risen by 102.16%.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Summit Securities Limited has experienced an upsurge of 4.02%.

  • What are the total open charges for Summit Securities Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Summit Securities Limited amount to ₹ 2,283.16 Cr.

  • When was the last Balance Sheet of Summit Securities Limited filed with the ROC?

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

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