Smartcool Systems Private Limited

Provides a variety of air conditioning and appliance options, established in 2016 in Punjab.

2016 | Rupnagar, Punjab (India) | Active
Last Updated: December 03, 2024

Smartcool Systems Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 8 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.61 Cr
  • Revenue Growth 77.81%
  • Profit Growth 134.67%
  • Ebitda 70.82%
  • Net Worth 42.87%
  • Total Assets 2.31%

About Smartcool Systems

Smartcool Systems Private Limited (SSPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 June 2016 (Eight years and seven months 28 days old ). Its registered office is in Rupnagar, Punjab, India.

The Company is engaged in the Consumer Electronics & Durables 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 2.50 M and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹6.61 Cr.

Satinderjit Riar and Tarsem Singh serve as directors at the Company.

Company Details

  • Location

    Rupnagar, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    smartcoolsystem.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999PB2016PTC045469

  • Company No.

    045469

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Jun 2016

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Consumer Electronics & Durables

What products or services does Smartcool Systems Private Limited offer?

Smartcool Systems Private Limited offers a wide range of products and services, including Electrical Panels & Distribution Box, Electrical Box, Industrial Air Conditioner & Devices, VRF System, Domestic Fans, AC & Coolers, Window Air Conditioner, Heater, Thermostat & Heating Devices, Industrial Heaters, Split Air Conditioners, Duct AC.

Who are the key members and board of directors at Smartcool Systems?

Board Members (2)

NameDesignationAppointment DateStatus
Satinderjit Riar Country flag representing In Director 28-Jun-2016Current
Tarsem Singh Country flag representing In Director 28-Jun-2016Current

Financial Performance of Smartcool Systems.

Smartcool Systems Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 77.81% increase. The company also saw a substantial improvement in profitability, with a 134.67% increase in profit. The company's net worth Soared by an impressive increase of 42.87%.

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
77.81%
Revenue from Operations
82.71%
Total Assets
2.31%
Profit or Loss
134.67%
Net Worth
42.87%
EBITDA
70.82%

What is the Ownership and Shareholding Structure of Smartcool Systems?

In 2021, Smartcool Systems 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

₹66.10 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 5.06 Cr
  • State Bank Of India : 1.00 Cr
  • Canara Bank : 0.55 Cr

Latest Charge Details

DateLenderAmountStatus
02 Apr 2024Hdfc Bank Limited₹1.10 MOpen
02 Mar 2023Hdfc Bank Limited₹7.00 MOpen
09 Sep 2022Hdfc Bank Limited₹4.25 CrOpen
11 Jul 2018State Bank Of India₹1.00 CrOpen
14 Dec 2017Canara Bank₹5.50 MOpen

How Many Employees Work at Smartcool Systems?

Smartcool Systems has a workforce of 74 employees as of Apr 07, 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 Smartcool Systems, 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 Smartcool Systems'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 Smartcool Systems

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.10 M with Charge ID 100912238 was registered on 02 Apr 2024.

    02 Apr 2024

  • Balance Sheet

    Smartcool Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 42.50 M registered on 09 Sep 2022 with Charge ID 100616979 was modified on 07 Mar 2024.

    07 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 7.00 M with Charge ID 100703371 was registered on 02 Mar 2023.

    02 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 42.50 M with Charge ID 100616979 was registered on 09 Sep 2022.

    09 Sep 2022

Frequently asked questions

  • Smartcool Systems Private Limited was incorporated on 28 Jun 2016.

  • The authorized share capital of Smartcool Systems Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Currently 2 directors are associated with Smartcool Systems Private Limited.

    • Satinderjit Singh Riar
    • Tarsem Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Smartcool Systems Private Limited is Plot No - B24, Industrial Area Phase 3 India, Mohali, Punjab, 160059.

  • The corporate identification number (CIN) of Smartcool Systems Private Limited is U74999PB2016PTC045469 and the company number is 045469 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Smartcool Systems Private Limited is https://www.smartcoolsystem.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Smartcool Systems Private Limited has risen by 77.81%.

  • As Per 2022 financial reports, 74 employees are currently employed by Smartcool Systems Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Smartcool Systems Private Limited has experienced an upsurge of 42.87%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Smartcool Systems Private Limited amount to ₹ 6.61 Cr.

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