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 6 cases involving the company, including 5 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.
Company details
Contact details
Smit Capital Services Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- 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
To see the full contact details of Smit Capital Services Private Limited, buy the company report.
- 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
Financials of Smit Capital Services Private Limited
FY 2025 filings availableSmit Capital Services Private Limited reported revenue of ₹9.53 Cr (down 50% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹9 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹29.01 Lakh | ||||
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Financial Ratios
| 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) | |||||
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To see the full financial statements and ratios of Smit Capital Services Private Limited, buy the company report.
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 5 Months | Current |
| Rakeshkumar Puranmal Giria Also directs: Babita Laces Private Limited | Additional Director | 01 Oct 2025 | 1 Years 0 Months | Current |
Peer comparison
Smit Capital Services Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Broking Services, Capital Services), with the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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 | |||
| Smit Capital Services Private Limitedthis company | ₹9.53 Cr (FY 2025) | -₹29.01 Lakh | -3% | -50.0% | Mumbai, Maharashtra, India | |
| Safal Capital (India) Limited | ₹9.51 Cr (FY 2025) | 75.0% | Ahmedabad, Gujarat, India | |||
| Ufm Multitrade Private Limited | ₹9.48 Cr (FY 2025) | 25.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Smit Capital Services Private Limited, buy the company report.
Auditor
Smit Capital Services Private Limited is audited by MAHESHWARI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAHESHWARI & CO. | FY 2023 | 105834W |
Shareholding
The shareholding of Smit Capital Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Smit Capital Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Aug 2021 | 100481442 | Others | ₹15 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Smit Capital Services Private Limited has 6 court cases on record: 5 filed by Smit Capital Services, 1 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 1 |
| NCLT | 2 | 0 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Company appeal | Filed against the company by Servo Packaging Limited and 4 others | Disposed |
| NCLT, Chennai | Interim or miscellaneous application | Filed by the company against Servo Packaging Limited and 4 others | Disposed |
| NCLT, Hyderabad | Insolvency matter | Filed by the company against Mahendra Investment Advisors Pvt Ltd | Disposed |
| High Court, TELANGANA | Court case (CRLP) | Filed by the company against The State of Telangana and 1 other | Pending |
| Bombay High Court | Court case (CSD) | Filed by the company against an individual | Disposed |
To see the full case history of Smit Capital Services Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Smit Capital Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
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 |
To see the full group structure of Smit Capital Services Private Limited, buy the company report.
GST
Smit Capital Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICS2194J1ZY | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Smit Capital Services Private Limited, buy the company report.
Recent activity
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.
Frequently asked questions
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 has 2 current directors:
- Pramod Akal Mandal - Director
- Rakeshkumar Puranmal Giria - Additional Director
The latest financial statements of Smit Capital Services 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 2015 are in the company report.
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 6 court cases on record: 5 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 Minimum Shares & Securities Private Limited, Exclusive Insurance Broking Services Limited, TJ Stock Broking Services Private Limited, Safal Capital (India) Limited, Ufm Multitrade Private Limited, all in the BFSI industry (Broking Services, Capital Services), with the same principal business activity (financial advisory, brokerage and consultancy 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.
The registered office of Smit Capital Services is at Office Unit No 5 – 8 Maneckji Wadia Building 5th Floor Cs No 105 And 111 Junction Of, M G Road, Mumbai, Maharashtra, India – 400001.
Smit Capital Services operates in the financial services industry, in the brokerage and trading services segment.
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