Summit Securities Profile
Key Indicators
- Authorised Capital ₹ 182.00 Cr
- Paid Up Capital ₹ 10.90 Cr
- Company Age 28 Year,
- 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 Anand Rathi as CFO and Ms Gangwani as Company Secretary. Ramesh Chandak, Abhay Nerurkar, Sunil Tamhane, and Four other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media-
Corporate Identity Details
Industry
Who are the key members and board of directors at Summit Securities?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Anand Rathi | CFO | 13-Mar-2024 | Current |
Ms Gangwani  | Company Secretary | 01-Jun-2015 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ramesh Chandak | Director | 29-Sep-1999 | Current |
| Abhay Nerurkar | Director | 29-Oct-2015 | Current |
| Sunil Tamhane | Director | 16-Sep-2024 | Current |
| Manish Jain | Director | 30-Jun-2022 | Current |
| Rohin Bomanji | Director | 01-Aug-2024 | Current |
| Shweta Musale | Director | 10-Nov-2021 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
First Bridge Fund Managers Private LimitedRamesh Chandak is a mutual person
F G P LimitedSunil Tamhane, Rohin Bomanji and 2 more are mutual person
South West Pinnacle Exploration LimitedHari Rajpoot is a mutual person
Tribhovandas Bhimji Zaveri LimitedRamesh Chandak is a mutual person
Rpg Ventures LimitedHari Rajpoot is a mutual person
R R Kabel LimitedRamesh Chandak is a mutual person
Charges (Loans)
₹2,283.16 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Sep 1998 | Icici Bank Ltd | ₹8.00 Cr | Open |
| 30 Mar 1998 | Idbi Bank | ₹60.00 Cr | Open |
| 20 Mar 1998 | Not Applicable | ₹25.00 Cr | Open |
| 27 Jan 1998 | The Sumitomo Bank Limited | ₹10.00 Cr | Open |
| 12 Nov 1997 | Commerz Bank Ag | ₹18.00 Cr | Open |
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.
Deals i
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
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
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