Summitminds Software Solutions Private Limited

Founded in 2016 and headquartered in Andhra Pradesh, India.

2016 | Krishna, Andhra Pradesh (India) | Active
Last Updated: December 24, 2024

Summitminds Software Solutions Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 140.63%
  • Profit Growth 882.33%
  • Ebitda 199.22%
  • Net Worth 217.34%
  • Total Assets 69.57%

About Summitminds Software Solutions

Summitminds Software Solutions Private Limited (SSSPL) is a Private Limited Indian Non-Government Company incorporated in India on 15 December 2016 (Eight years and two months 11 days old ). Its registered office is in Krishna, Andhra Pradesh, India.

The Company is engaged in the Software 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 0.50 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Bhanu Tummuru and Sivasankara Thummuru serve as directors at the Company.

Company Details

  • Location

    Krishna, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72200AP2016PTC104617

  • Company No.

    104617

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Dec 2016

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Software

Who are the key members and board of directors at Summitminds Software Solutions?

Board Members (2)

NameDesignationAppointment DateStatus
Bhanu Tummuru Country flag representing In Director 15-Dec-2016Current
Sivasankara Thummuru Country flag representing In Director 15-Dec-2016Current

Financial Performance of Summitminds Software Solutions.

Summitminds Software Solutions Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 140.63% increase. The company also saw a substantial improvement in profitability, with a 882.33% increase in profit. The company's net worth Soared by an impressive increase of 217.34%.

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
140.63%
Revenue from Operations
140.63%
Total Assets
69.57%
Profit or Loss
882.33%
Net Worth
217.34%
EBITDA
199.22%

What is the Ownership and Shareholding Structure of Summitminds Software Solutions?

Unlock access to Summitminds Software Solutions's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

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

How Many Employees Work at Summitminds Software Solutions?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Summitminds Software Solutions, 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 Summitminds Software Solutions'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

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Latest Updates, News, and FAQs on Summitminds Software Solutions

Recent activity within the organization

  • Annual General Meeting

    Summitminds Software Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Summitminds Software Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.

    31 Mar 2024

  • Director Appointment

    Bhanu Prakash Tummuru was appointed as a Director was appointed as a Director on 15 Dec 2016 & has been associated with this company since 8 years 2 months .

    15 Dec 2016

  • Director Appointment

    Sivasankara Reddy Thummuru was appointed as a Director was appointed as a Director on 15 Dec 2016 & has been associated with this company since 8 years 2 months .

    15 Dec 2016

  • Company Incorporation

    Summitminds Software Solutions Private Limited was registered on 15 Dec 2016 with Roc Vijayawada & aged 8 years 2 months as per MCA records.

    15 Dec 2016

Frequently asked questions

  • Summitminds Software Solutions Private Limited was incorporated on 15 Dec 2016.

  • The authorized share capital of Summitminds Software Solutions Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Summitminds Software Solutions Private Limited.

    • Bhanu Prakash Tummuru
    • Sivasankara Reddy Thummuru
  • As per Ministry of Corporate Affairs (Mca), the registered address of Summitminds Software Solutions Private Limited is Katuru Road India, Vuyyuru, Andhra Pradesh, 521261.

  • The corporate identification number (CIN) of Summitminds Software Solutions Private Limited is U72200AP2016PTC104617 and the company number is 104617 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Summitminds Software Solutions Private Limited has risen by 140.63%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Summitminds Software Solutions Private Limited has experienced an upsurge of 217.34%.

  • The most recent Balance Sheet for Summitminds Software Solutions Private Limited was filed with the ROC on 31 Mar 2024.