Smooth Precision Private Limited

Manufactures and distributes carbide cutting tools such as drills, end mills, and ball nose.

2014 | Rajkot, Gujarat (India) | Active
Last Updated: December 06, 2024

Smooth Precision Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.10 M
  • Company Age 11 Year, 25 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.89 Cr
  • Revenue Growth 26.53%
  • Profit Growth -15.57%
  • Ebitda -41.34%
  • Net Worth 28.94%
  • Total Assets 6.38%

About Smooth Precision

Smooth Precision Private Limited (SPPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 January 2014 and has a history of 11 years. Its registered office is in Rajkot, Gujarat, 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 2.50 M and a paid-up capital of Rs 2.10 M.

The company currently has active open charges totaling ₹2.89 Cr.

Mayur Thumar, Jatin Thumar, and Shweta Thumar serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    smoothtools.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29219GJ2014PTC078465

  • Company No.

    078465

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Jan 2014

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Smooth Precision Private Limited offer?

Smooth Precision Private Limited offers a wide range of products and services, including Cutting Tools & Milling Cutter, Carbide Milling Cutters, Reamers, Carbide Cutting Tools, Form Milling Cutters, Drilling Bits, Collets and Chucks, HSS Drill Bits.

Who are the key members and board of directors at Smooth Precision?

Board Members (3)

NameDesignationAppointment DateStatus
Mayur Thumar Country flag representing In Director 28-Jan-2014Current
Jatin Thumar Country flag representing In Director 26-Feb-2022Current
Shweta Thumar Country flag representing In Director 26-Feb-2022Current

Financial Performance of Smooth Precision.

Smooth Precision Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 26.53% increase. The company also saw a substantial fall in profitability, with a 15.57% decrease in profit. The company's net worth Soared by an impressive increase of 28.94%.

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
26.53%
Revenue from Operations
25.33%
Total Assets
6.38%
Profit or Loss
-15.57%
Net Worth
28.94%
EBITDA
-41.34%

What is the Ownership and Shareholding Structure of Smooth Precision?

In 2019, Smooth Precision 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

₹28.90 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 1.90 Cr
  • Central Bank Of India : 0.99 Cr

Latest Charge Details

DateLenderAmountStatus
10 Aug 2022Hdfc Bank Limited₹1.90 CrOpen
17 Jun 2014Central Bank Of India₹9.90 MOpen

How Many Employees Work at Smooth Precision?

Unlock and access historical data on people associated with Smooth Precision, 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 Smooth Precision, 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 Smooth Precision'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 Smooth Precision

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Smooth Precision Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 19.00 M registered on 10 Aug 2022 with Charge ID 100605243 was modified on 30 Oct 2023.

    30 Oct 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 19.00 M with Charge ID 100605243 was registered on 10 Aug 2022.

    10 Aug 2022

  • Director Appointment

    Jatin Jayeshbhai Thumar was appointed as a Director was appointed as a Director on 26 Feb 2022 & has been associated with this company since 2 years 11 months .

    26 Feb 2022

  • Director Appointment

    Shweta Mayurbhai Thumar was appointed as a Director was appointed as a Director on 26 Feb 2022 & has been associated with this company since 2 years 11 months .

    26 Feb 2022

Frequently asked questions

  • Smooth Precision Private Limited was incorporated on 28 Jan 2014.

  • The authorized share capital of Smooth Precision Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.10 M.

  • Currently 3 directors are associated with Smooth Precision Private Limited.

    • Mayur Ganeshbhai Thumar
    • Jatin Jayeshbhai Thumar
    • Shweta Mayurbhai Thumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Smooth Precision Private Limited is 59-A Maruti Industrial Area B/H Ashish Engg. Works Outside Octroi Post Gondal Road, India, Rajkot, Gujarat, 360004.

  • The corporate identification number (CIN) of Smooth Precision Private Limited is U29219GJ2014PTC078465 and the company number is 078465 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Smooth Precision Private Limited is https://www.smoothtools.in

  • According to the financial reports for the fiscal year 2019, the revenue trend for Smooth Precision Private Limited has risen by 26.53%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Smooth Precision Private Limited has experienced an upsurge of 28.94%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Smooth Precision Private Limited amount to ₹ 2.89 Cr.

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

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