SM Auto Stamping Ltd share Price Today

SM Auto Stamping Limited was originally incorporated as a private limited company with the name `SM Auto Stamping Private Limited` on August 14, 2006. Further, pursuant to Special Resolution passed by the shareholders at the Extra Ordinary General Meeting held on December 05, 2019, the company was converted into a Public Limited Company and consequently the name of the Company was changed from `SM Auto Stamping Private Limited` to `SM Auto Stamping Limited` on December 19, 2019. Mr. Mukund Narayan Kulkarni and Mr. Suresh Gunwant Fegde were the initial subscribers to the Memorandum of Association of the Company. Incorporated in 2006, the company is one of the auto-component manufacturers located in Nashik catering to the sheet metal components and sub-assemblies requirements of automobile parts/equipment manufacturers. The range of product primarily covers sheet metal pressed components for clutches, brakes, engine mountings, chassis, shaft drive, body trims, bearings etc. which are used in passenger cars, commercial vehicles and tractors. These products such as deep drawn components and control panel components also find application in electrical equipments industry. The Promoters, Mr. Milind Kulkarni and Mr. Suresh Fegde promoted a partnership firm, M/s Spam Fab Technocrats in 1995 for engaging in job work of sheet metal components. Later, another partnership firm in the name of M/s SM Industries was also formed by the same promoters in 1998 to carry on the manufacturing and job work of press parts. Subsequently, the Company in the name of SM Auto Stamping Private Limited was incorporated in 2006 which took over both the partnership firms in 2007. The Company has three manufacturing units, all ideally located at Nashik, Maharashtra on leasehold industrial plots of total size admeasuring to over 5000 sq. mtrs. All three units comply with the IATF 16949:2016 standards. Apart from manufacturing, the company also provides job work services in respect of blanking and forming process on metal components. The Company`s reputed customers include JBM Auto Ltd., SKF India Ltd., Mahindra CIE Automotive Ltd., Haldex India Pvt Ltd, Reliable Autotech Private Limited and ABB India Ltd.

SM Auto Stamping share price as on 25 Apr 2024 is Rs. 47.4. Over the past 6 months, the SM Auto Stamping share price has increased by 20% and in the last one year, it has increased by 24.05%. The 52-week low for SM Auto Stamping share price was Rs. 35.5 and 52-week high was Rs. 64.