MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-PB-10-0038335
Precision Smartbiz Ideas Private Limited
Precision Smartbiz Ideas Private Limited - electrnoics in Jalandhar, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹4.69 Lakh
▲ 761% YoY
Net loss · FY 2024
₹15,749
Net margin -3.4%
EBITDA · FY 2024
-₹15,749
EBITDA margin -3.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Precision Smartbiz Ideas Private Limited
Data last updated:
Precision Smartbiz Ideas Private Limited is a private limited company based in Jalandhar, Punjab, India. It operates in the repair services segment of the electronics sector. It was incorporated on 18 February 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U52609PB2020PTC050812. Its GSTIN is 03AALCP0615L1ZI (Punjab).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Gurmeet Singh and Rajan Kumar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at H.No.31 Vpo Tajpur, Jalandhar, Punjab, India – 144026.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.69 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹15,749 (net margin -3.4%) and EBITDA of -₹15,749 (EBITDA margin -3.4%).
Precision Smartbiz Ideas Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-10-0038335).
Company details
CIN U52609PB2020PTC050812
Registration Number 050812
Incorporation Date 18 February 2020
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-PB-10-0038335
Key People
Gurmeet Singh Director Rajan Kumar Director Recognitions & Rankings of Precision Smartbiz Ideas
Contact details
Precision Smartbiz Ideas Private Limited's registered office is in Jalandhar, Punjab. Its e-mail address is in the company report.
- Email
- Registered AddressH.No.31 Vpo Tajpur, Jalandhar, Punjab, India – 144026
- IndustryElectrnoics, Repair Services
To see the full contact details of Precision Smartbiz Ideas Private Limited, buy the company report.
Comprehensive company report
Precision Smartbiz Ideas Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Business activity
The main business activity of Precision Smartbiz Ideas is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Precision Smartbiz Ideas Private Limited, buy the company report.
Financials of Precision Smartbiz Ideas Private Limited
FY 2025 filings availablePrecision Smartbiz Ideas Private Limited reported revenue of ₹4.69 Lakh (up 761% YoY) for FY 2024.
Revenue · FY 2024
₹4.69 Lakh ▲ 761%
Net loss · FY 2024
₹15,749 margin -3.4%
EBITDA · FY 2024
-₹15,749 margin -3.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 761%
EBITDA CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 50%
Revenue rose 761% in the latest year. EBITDA rose 21% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹15,749 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹15,749 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.4% | ||||
| Net Profit Margin | -3.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Precision Smartbiz Ideas Private Limited, buy the company report.
Board of directors of Precision Smartbiz Ideas Private Limited
Precision Smartbiz Ideas has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gurmeet Singh | Director | 26 Nov 2020 | 5 Years 11 Months | Current |
| Rajan Kumar | Director | 18 Feb 2020 | 6 Years 8 Months | Current |
Peer comparison
Precision Smartbiz Ideas Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Meeravi Traders Private Limited | ₹4.7 Lakh (FY 2021) | -36.0% | Bahadurgarh, Haryana, India | |||
| Araeen Pharmaceuticals Private Limited | ₹4.7 Lakh (FY 2018) | Delhi, India | ||||
| Labata Onspot Technology Private Limited | ₹4.7 Lakh (FY 2025) | 1011.0% | Delhi, India | |||
| Qaat Creation Private Limited | ₹4.69 Lakh (FY 2024) | Lucknow, Uttar Pradesh, India | ||||
| Mountain Living Private Limited | ₹4.69 Lakh (FY 2024) | Bengaluru, Karnataka, India | ||||
| Precision Smartbiz Ideas Private Limitedthis company | ₹4.69 Lakh (FY 2024) | -₹15,749 | -3.4% | 761.0% | Jalandhar, Punjab, India | |
| Afterlife Science Private Limited | ₹4.69 Lakh (FY 2021) | Nagpur, Maharashtra, India | ||||
| My Wings Private Limited | ₹4.69 Lakh (FY 2025) | -58.0% | Pune, Maharashtra, India | |||
| Star Commotrade Private Limited | ₹4.69 Lakh (FY 2024) | 7.0% | Kolkata, West Bengal, India | |||
| Hring Shring Private Limited | ₹4.69 Lakh (FY 2021) | Bhiwani, Haryana, India | ||||
| Saswat Pharmaceutical (India) Private Limited | ₹4.69 Lakh (FY 2025) | 9.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Precision Smartbiz Ideas Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Precision Smartbiz Ideas Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Precision Smartbiz Ideas Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Precision Smartbiz Ideas has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AALCP0615L1ZI | Punjab | Active | 25 Mar 2020 |
To see the full GST registrations and return filing status of Precision Smartbiz Ideas Private Limited, buy the company report.
Recent activity
Precision Smartbiz Ideas Private Limited has 3 board changes on record since 2020: 2 appointments and 1 cessation. The latest: Maninder Singh ceased to be Director on 27 Nov 2020.
AGM
Precision Smartbiz Ideas Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Precision Smartbiz Ideas Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Ceased
Maninder Singh ceased to be Director.
Appointed
Gurmeet Singh was appointed as Director.
Appointed
Rajan Kumar was appointed as Director.
Incorporation
18 Feb 2020
Precision Smartbiz Ideas Private Limited was registered on 18 Feb 2020 with Roc Chandigarh & aged 6 years 8 months as per MCA records.
Frequently asked questions
Precision Smartbiz Ideas is an active private limited company based in Jalandhar, Punjab, India. The company works in repair services, within the electronics industry. It was incorporated on 18 February 2020 (6+ years old) and is registered under CIN U52609PB2020PTC050812.
Precision Smartbiz Ideas has 2 current directors:
- Gurmeet Singh - Director
- Rajan Kumar - Director
The latest financial statements of Precision Smartbiz Ideas on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Precision Smartbiz Ideas is 03AALCP0615L1ZI, registered in Punjab.
The CIN (Corporate Identification Number) of Precision Smartbiz Ideas is U52609PB2020PTC050812. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Precision Smartbiz Ideas was incorporated on 18 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Precision Smartbiz Ideas by revenue are Meeravi Traders Private Limited, Araeen Pharmaceuticals Private Limited, Labata Onspot Technology Private Limited, Qaat Creation Private Limited, Mountain Living Private Limited and 5 more, all in the same principal business activity (retail trading).
Maninder Singh ceased to be Director on 27 Nov 2020. Gurmeet Singh was appointed as Director on 26 Nov 2020. Rajan Kumar was appointed as Director on 18 Feb 2020.
Yes, Precision Smartbiz Ideas is registered as a micro enterprise under Udyam registration (number: UDYAM-PB-10-0038335).
The registered office of Precision Smartbiz Ideas is at H.No.31 Vpo Tajpur, Jalandhar, Punjab, India – 144026.
Precision Smartbiz Ideas operates in the electronics industry, in the repair services segment.
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