Summits Hygronics Private Limited

Manufacturer of air dryers and filters for various industries in India and international markets.

2001 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Summits Hygronics Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.90 M
  • Company Age 23 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 12.04 Cr
  • Satisfied Charges ₹ 1.00 M
  • Revenue Growth -66.93%
  • Profit Growth -95.34%
  • Ebitda -96.80%
  • Net Worth 3.85%
  • Total Assets -19.82%

About Summits Hygronics

Summits Hygronics Private Limited (SHPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 July 2001 and has a history of 23 years and seven months. Its registered office is in Coimbatore, Tamil Nadu, India.

The Company is engaged in the Machinery And Equipment 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 1.00 M and a paid-up capital of Rs 0.90 M.

The company currently has active open charges totaling ₹12.04 Cr. The company has closed loans amounting to ₹1.00 M, as per Ministry of Corporate Affairs (MCA) records.

Kalimuthu Rajan, Kalimuthupandian Duraisamy, and Rajanayagam Sathyadev serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    airdryer.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29120TZ2001PTC009809

  • Company No.

    009809

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Jul 2001

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Machinery and Equipment

What products or services does Summits Hygronics Private Limited offer?

Summits Hygronics Private Limited offers a wide range of products and services, including Gas Cylinders and Accessories, Gas Cylinder Accessories, Oxygen & Nitrogen Gas Plants, Air Receiver, Minerals and Ores, Zeolites, Dryers & Evaporators, Dryers, Air Dryers, Oxygen & Nitrogen Gas Plant.

Who are the key members and board of directors at Summits Hygronics?

Executive Team (1)

Name Designation Appointment Date Status
Kalimuthu Rajan Country flag representing In Managing Director 02-Jul-2001 Current

Board Members (2)

Name Designation Appointment Date Status
Kalimuthupandian Duraisamy Country flag representing In Director 14-Mar-2012 Current
Rajanayagam Sathyadev Country flag representing In Director 14-Mar-2012 Current

Financial Performance of Summits Hygronics.

Summits Hygronics Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 66.93% decrease. The company also saw a substantial fall in profitability, with a 95.34% decrease in profit. The company's net worth moved up by a moderate rise of 3.85%.

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
-66.93%
Revenue from Operations
-68.36%
Total Assets
-19.82%
Profit or Loss
-95.34%
Net Worth
3.85%
EBITDA
-96.80%

What is the Ownership and Shareholding Structure of Summits Hygronics?

In 2023, Summits Hygronics had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹120.36 M

Satisfied Charges

₹1.00 M

Charges Breakdown by Lending Institutions

  • Uco Bank : 5.99 Cr
  • Others : 2.62 Cr
  • Axis Bank Limited : 1.50 Cr
  • Sidbi : 0.75 Cr
  • Small Industries Development Bank Of India : 0.44 Cr
  • Others : 0.75 Cr

Latest Charge Details

Date Lender Amount Status
16 Oct 2024 Others ₹1.27 Cr Open
07 Mar 2024 Others ₹1.50 M Open
10 Oct 2023 Others ₹1.20 Cr Open
26 Aug 2022 Axis Bank Limited ₹1.50 Cr Open
18 Aug 2022 Hdfc Bank Limited ₹1.70 M Open

How Many Employees Work at Summits Hygronics?

Summits Hygronics has a workforce of 125 employees as of Apr 09, 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 Summits Hygronics, 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 Summits Hygronics'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 Summits Hygronics

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 12.69 M with Charge ID 100995551 was registered on 16 Oct 2024.

    16 Oct 2024

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Summits Hygronics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 1.50 M with Charge ID 100887446 was registered on 07 Mar 2024.

    07 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 12.00 M with Charge ID 100845147 was registered on 10 Oct 2023.

    10 Oct 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 15.00 M with Charge ID 100612535 was registered on 26 Aug 2022.

    26 Aug 2022

Frequently asked questions

  • Summits Hygronics Private Limited was incorporated on 02 Jul 2001.

  • The authorized share capital of Summits Hygronics Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.90 M.

  • Currently 3 directors are associated with Summits Hygronics Private Limited.

    • Kalimuthu Pandian Rajan
    • Kalimuthupandian Duraisamy
    • Rajanayagam Rajmohan Sathyadev
  • As per Ministry of Corporate Affairs (Mca), the registered address of Summits Hygronics Private Limited is No 97 G V Residency Sowripalayam India, Coimbatore, Tamil Nadu, 641028.

  • The corporate identification number (CIN) of Summits Hygronics Private Limited is U29120TZ2001PTC009809 and the company number is 009809 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Summits Hygronics Private Limited is https://www.airdryer.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Summits Hygronics Private Limited has fallen by -66.93%.

  • As Per 2023 financial reports, 125 employees are currently employed by Summits Hygronics Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Summits Hygronics Private Limited has experienced an upsurge of 3.85%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Summits Hygronics Private Limited amount to ₹ 12.04 Cr.

  • The most recent Balance Sheet for Summits Hygronics Private Limited was filed with the ROC on 31 Mar 2024.

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