Summit Developments Limited - Company overview

Summit Developments Limited was incorporated on 11 February 2011 and is registered with ROC Bangalore.

2011-02-11 Bangalore North, Karnataka Active Unlisted Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹100–500 Cr
FY 2023
PROFIT / LOSS
₹100–500 Cr
▲ 146.5%
FY 2023
EBITDA
Loss · ₹1–5 Cr
▲ 99.5%
FY 2023
NET WORTH
Loss · ₹1000+ Cr
▲ 11.0%
FY 2023
TOTAL ASSETS
₹100–500 Cr
▲ 0.4%
FY 2023
OPEN CHARGES
1
-
PAID-UP CAPITAL
2.04 Lakh
AUTHORISED CAPITAL
5.00 Lakh
COMPANY AGE
15 Years 8 Months
since 2011-02-11
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-25
ACTIVE GST
1
Updated: 2025-07-08 03:47:37
TOTAL MONEY RAISED
₹10–25 Cr
SATISFIED CHARGES
2
290.00 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Summit Developments Limited covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Moderate
70/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (81), financial health (45), director (75) and company-foundation signals.
  • Operating for 15+ years.
Compliance Score Low risk
81/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2025 - slightly behind.
Financial Health Score High risk
45/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2023.
  • Negative net worth - capital eroded by losses.
Director Risk Score Low risk
75/100
Board strength, DIN status and churn.
  • 3 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Summit Developments Limited Company identity, industry, contact, and registration details from MCA and company records.

Summit Developments Limited was incorporated on 11 February 2011 and is registered with ROC Bangalore. It is an active public limited company, now about 15 years old. Its registered office is at 14Th Floor, Pinnacle Tower, Embassy One, 8, Bellary Road, Ganganagar, Bangalore North, Karnataka.

Its filings describe the main line of business as real estate activities with own or leased property.

It has three directors: Shailendra Konanur Subbaraya, Aditya Virwani and Rajesh Narayanan Kaimal. Eight former directors are on record; the most recent to leave was Jitendra Mohandas Virwani in February 2025. Between them, the directors also sit on the boards of 51 other companies, including Embassy East Business Park Limited and Bhiwandi Projects LLP.

Paid-up capital stands at ₹2.04 lakh out of ₹5 lakh authorised. The last AGM on record was on 25 September 2025, for accounts made up to 31 March 2025. One charge (secured loan) is still open, and two more have been paid off.

Real Estate and Construction ••••••••
  • Location 14Th Floor, Pinnacle Tower, Embassy One, 8, Bellary Road, Ganganagar, Bangalore North, Karnataka - 560032
  • Website embassyindia.com
Legal NameSummit Developments Limited
CIN / LLPINU70200KA2011PLC057054
Company No.057054
ClassificationPublic Limited Indian Non-Government Company
Incorporation Date2011-02-11
Date of AGM2025-09-25
Date of Balance Sheet2025-03-31
Listing StatusUnlisted
ROC CodeRoc Bangalore
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Summit Developments Limited (3) Current board members from MCA filings, including designation and appointment details.

S
Director | Since 2025-02-24 | DIN: 07984647
A
Director | Since 2025-03-13 | DIN: 06480521
R
Director | Since 2025-03-13 | DIN: 03158687

Financial Performance of Summit Developments Limited Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2023
Revenue ₹100–500 Cr
P&L ₹100–500 Cr ▲ 146.5%
EBITDA Loss · ₹1–5 Cr ▲ 99.5%
Net worth Loss · ₹1000+ Cr ▲ 11.0%

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Charges of Summit Developments Limited Open and satisfied charges registered against the company with MCA.

Others : 650.00 cr
L&T Infrastructure Finance Company Limited : 260.00 cr
Housing Development Finance Corporation Limited : 30.00 cr
Open Charges: 1 Satisfied Charges: 2
Open -
Satisfied 290.00 cr
LenderAmountStatus
Others
Creation Date: 17 Sep 2025
650.00 cr Open
L&T Infrastructure Finance Company Limited
Creation Date: 08 Mar 2013
260.00 cr Closed
Housing Development Finance Corporation Limited
Creation Date: 21 May 2012
30.00 cr Closed

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
Real EstateReal estate activities with own or leased property0
Real EstateReal estate activities with own or leased property0.00

Companies With Common Directors Of Summit Developments Limited Other companies that share directors with this entity, based on MCA and compliance network data.

Financial Ratios of Summit Developments Limited Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

9 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Summit Developments Limited Ownership and contribution detail from filings. Full breakdown unlocks with your report.

9 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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GST Compliance of Summit Developments Limited GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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Credit Ratings, Litigation & Regulatory Alerts for Summit Developments Limited Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.

Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Summit Developments Limited MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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Subsidiaries & Group Companies of Summit Developments Limited Parent, subsidiary, and related group entities. Full ownership map unlocks with your report.

1 subsidiary on record

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Parent company Subsidiaries and ownership Associates and joint ventures Entity investments

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MCA Filings & Documents of Summit Developments Limited Official MCA forms, returns, and filing index. Document access unlocks with your report.

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Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Summit Developments Limited Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Summit Developments Limited?
MCA does not publish an "owner" field. Summit Developments Limited is run by its directors, Shailendra Konanur Subbaraya, Aditya Virwani and Rajesh Narayanan Kaimal. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Summit Developments Limited?
Summit Developments Limited has three current directors: Shailendra Konanur Subbaraya (since February 2025), Aditya Virwani (since March 2025) and Rajesh Narayanan Kaimal (since March 2025).
What is CIN of Summit Developments Limited?
The CIN of Summit Developments Limited is U70200KA2011PLC057054. Reading it left to right: U means it is not listed, 70200 is the industry code it registered under, KA is Karnataka, 2011 is the year it was registered, PLC is the company type and 057054 is its registration number.
When was Summit Developments Limited incorporated?
Summit Developments Limited was incorporated on 11 February 2011 with ROC Bangalore. That makes it about 15 years old.
What is the registered address of Summit Developments Limited?
The registered office on MCA records is 14Th Floor, Pinnacle Tower, Embassy One, 8, Bellary Road, Ganganagar, Bangalore North, Karnataka - 560032.
What is the current status of Summit Developments Limited?
MCA shows Summit Developments Limited as Active, and its last AGM on record was in September 2025.
What is the contact number or email for Summit Developments Limited?
You can post to its registered office at 14Th Floor, Pinnacle Tower, Embassy One, 8, Bellary Road, Ganganagar, Bangalore North, Karnataka - 560032 and use its website, https://embassyindia.com.
What industry or business activity is Summit Developments Limited associated with?
Its MCA filings list the main business as real estate activities with own or leased property.
What is paid-up capital and authorised share capital of Summit Developments Limited?
Paid-up capital is ₹2.04 lakh and authorised capital is ₹5 lakh, so about 41% of the authorised amount has been issued.
When did Summit Developments Limited last file accounts and hold an AGM?
The last AGM on record was on 25 September 2025, and the latest balance sheet is for the year ending 31 March 2025.
Where can I see charges and lenders for Summit Developments Limited?
One charge against Summit Developments Limited is still open and two have been satisfied. Lenders named in the filings include L&T Infrastructure Finance Company Limited and Housing Development Finance Corporation Limited.
Have any directors left Summit Developments Limited?
Yes, eight former directors are on record. The most recent to leave were Jitendra Mohandas Virwani (February 2025), Pandithacholanallur Ramakrishnan Rajagopalan (December 2024) and Prasad Adavayya Turamari (September 2024).
Which companies share directors with Summit Developments Limited?
51 companies share directors with Summit Developments Limited. Among them are Embassy East Business Park Limited, Bhiwandi Projects LLP, Embassy Developments Limited and 48 more.
What is the turnover or revenue of Summit Developments Limited?
Based on filed financial statements, the revenue of Summit Developments Limited for FY 2023 was in the ₹100–500 Cr range. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Summit Developments Limited?
For FY 2023, the net worth of Summit Developments Limited was negative, in the ₹1000+ Cr range.
How can I get the financial details of Summit Developments Limited?
The latest accounts on record are for FY 2023. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Summit Developments Limited?
The website on record for Summit Developments Limited is https://embassyindia.com.
Which company owns embassyindia.com?
embassyindia.com is the website listed for Summit Developments Limited in its company records.
Summit Developments Limited - is it listed or unlisted?
Summit Developments Limited is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Summit Developments Limited?
Summit Developments Limited is registered with ROC Bangalore.
What is the company classification of Summit Developments Limited?
MCA classifies Summit Developments Limited as: Public Limited Indian Non-Government Company.
Does Summit Developments Limited have subsidiaries?
Yes, one subsidiary is on record for Summit Developments Limited.
Does Summit Developments Limited have GST registrations on file?
Yes, one active GST registration is linked to Summit Developments Limited.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.