Smit Capital Services Private Limited
About Smit Capital Services Private Limited
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Smit Capital Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 01 July 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67110MH2004PTC147247. Its GSTIN is 27AAICS2194J1ZY (Maharashtra).
The company has an authorised share capital of ₹3.52 Cr and a paid-up capital of ₹5.95 Lakh. It is led by directors Pramod Akal Mandal and Rakeshkumar Puranmal Giria.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.53 Cr, a decline of 50% compared to the previous year. For the same year it recorded a net loss of ₹29.01 Lakh (net margin -3%) and EBITDA of ₹9 Cr (EBITDA margin 94.5%). Revenue has grown at a compounded annual rate (CAGR) of 88% over three years and 16% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹15 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressOffice Unit No 5 – 8 Maneckji Wadia Building 5th Floor Cs No 105 And 111 Junction Of, M G Road, Mumbai, Maharashtra, India – 400001
- IndustryFinancial Services, Brokerage & Trading Services
- 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
- One PDF report, delivered after checkout
Financials of Smit Capital Services Private Limited FY 2025 filings available
Smit Capital Services Private Limited reported revenue of ₹9.53 Cr (down 50% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Smit Capital Services Private Limited
Revenue fell 50% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA rose 151% 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 of Smit Capital Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹9 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹29.01 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Smit Capital Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 94.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -3% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Smit Capital Services are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Smit Capital Services Private Limited
Smit Capital Services has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pramod Akal Mandal Also directs: Greenshield Properties Private Limited | Director | 28 May 2024 | 2 Years 4 Months | Current |
| Rakeshkumar Puranmal Giria Also directs: Babita Laces Private Limited | Additional Director | 01 Oct 2025 | 1 Years 0 Months | Current |
Peer Comparison of Smit Capital Services Private Limited
Smit Capital Services Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Broking Services, Capital Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Arrowspace Advisors Private Limited | ₹9.64 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Kolkata, West Bengal, India |
| Minimum Shares & Securities Private Limited | ₹9.61 Cr (FY 2025) | •••• | •••• | 515.0% | •••• | Delhi, India |
| Exclusive Insurance Broking Services Limited | ₹9.61 Cr (FY 2024) | •••• | •••• | 150.0% | •••• | Indore, Madhya Pradesh, India |
| TJ Stock Broking Services Private Limited | ₹9.58 Cr (FY 2017) | •••• | •••• | 70.0% | •••• | Mumbai, Maharashtra, India |
| Excel Management Services Pvt Ltd | ₹9.57 Cr (FY 2025) | •••• | •••• | -40.0% | •••• | Jodhpur, Rajasthan, India |
| Smit Capital Services Private Limited this company | ₹9.53 Cr (FY 2025) | •••• | •••• | -50.0% | •••• | Mumbai, Maharashtra, India |
| Safal Capital (India) Limited | ₹9.51 Cr (FY 2025) | •••• | •••• | 75.0% | •••• | Ahmedabad, Gujarat, India |
| A F Enterprises Limited Listed | ₹9.51 Cr (FY 2024) | •••• | •••• | -68.0% | •••• | New Delhi, Delhi, India |
| Cromax Electronics Private Limited | ₹9.49 Cr (FY 2017) | •••• | •••• | 9.0% | •••• | Kolkata, West Bengal, India |
| Ufm Multitrade Private Limited | ₹9.48 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Mumbai, Maharashtra, India |
| Ratan Deep Securities Pvt. Ltd. | ₹9.48 Cr (FY 2025) | •••• | •••• | -54.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Smit Capital Services by revenue in the BFSI industry (Broking Services, Capital Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Smit Capital Services Private Limited
Smit Capital Services Private Limited is audited by MAHESHWARI & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MAHESHWARI & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Smit Capital Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Smit Capital Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Aug 2021 | Others | ₹15 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Smit Capital Services Private Limited
Smit Capital Services Private Limited has 4 court cases on record: 3 filed by Smit Capital Services, 1 filed against it. 1 case is pending and 3 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 1 |
| NCLAT | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, New Delhi | Company appeal | Filed against the company by Servo Packaging Limited and 4 others | Disposed |
| High Court for State of Telangana | Court case (CRLP) | Filed by the company against State of Telangana | Pending |
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSD) | Filed by the company against an individual | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Smit Capital Services Private Limited
Employment history and EPFO contributions of people linked to Smit Capital Services.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Smit Capital Services Private Limited
Smit Capital Services has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Greenshield Properties Private Limited | U70106MH2013PTC241027 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Smit Capital Services Private Limited
Smit Capital Services Private Limited has 6 board changes on record since 2007: 3 appointments and 3 cessations. The latest: Rakeshkumar Puranmal Giria was appointed as Additional Director on 01 Oct 2025.
Credit Ratings, Litigation & Regulatory Alerts for Smit Capital Services Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Smit Capital Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Smit Capital Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Smit Capital Services Private Limited
Smit Capital Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICS2194J1ZY | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Smit Capital Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Smit Capital Services Private Limited
Smit Capital Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 01 July 2004 (22+ years old) and is registered under CIN U67110MH2004PTC147247.
Smit Capital Services reported revenue of ₹9.53 Cr for FY 2025 (down 50% YoY).
Smit Capital Services has 2 current directors:
- Pramod Akal Mandal - Director
- Rakeshkumar Puranmal Giria - Additional Director
Smit Capital Services reported a net loss of ₹29.01 Lakh (net margin -3%) and EBITDA of ₹9 Cr (EBITDA margin 94.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Smit Capital Services is 88% over three years and 16% over five years. In the latest year (FY 2025) revenue fell 50%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Smit Capital Services is 27AAICS2194J1ZY, registered in Maharashtra.
The CIN (Corporate Identification Number) of Smit Capital Services is U67110MH2004PTC147247. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Smit Capital Services has 4 court cases on record: 3 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Smit Capital Services was incorporated on 01 July 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Smit Capital Services by revenue are Arrowspace Advisors Private Limited, Minimum Shares & Securities Private Limited, Exclusive Insurance Broking Services Limited, TJ Stock Broking Services Private Limited, Excel Management Services Pvt Ltd and 5 more, all in the BFSI industry (Broking Services, Capital Services).
Rakeshkumar Puranmal Giria was appointed as Additional Director on 01 Oct 2025. Pramod Akal Mandal ceased to be Additional Director on 29 Sep 2024. Pramod Akal Mandal was appointed as Director on 28 May 2024. Smit Capital Services has 6 board changes on record in total.