NSEBSE
There is a 15-minute delay in the prices. To check out the live prices, log in to your Ventura account or open one today.Open83.15
High84.25
Low82
Prev. Close83.75
Avg. Traded Price83.6
Volume10,000
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₹82.0010 hours ago
₹84.259 hours ago
Sharp Chucks and Machines was originally incorporated in Jalandhar, Punjab as ‘Sharp Garden Implements Private Limited’, a private company under the Companies Act, 1956, pursuant to a certificate of incorporation dated June 10, 1994 issued by the Registrar of Companies, Punjab, H.P Chandigarh. Subsequently, the name of the company was changed to ‘Sharp Chucks and Machines Private Limited’ a certificate of incorporation pursuant to change of name dated October 09, 1995 was issued by Registrar of Companies, Punjab, H.P Chandigarh. Further, the company was converted from a private limited company to a public limited company and consequently, the name of the company was changed to ‘Sharp Chucks and Machines Limited’, and a fresh certificate of incorporation dated August 12, 2004 was issued by the Registrar of Companies, Punjab, H.P Chandigarh to the company. Thereafter, the company was again, converted from a public limited company into a private limited company and consequently, the name of the company was changed to ‘Sharp Chucks and Machines Private Limited’, and a fresh certificate of incorporation dated February 27, 2014 was issued by the Registrar of Companies, Punjab and Chandigarh to the company. Subsequently, the company was again converted from a private limited company into a public limited company, pursuant to a special resolution passed by the shareholders at the extraordinary general meeting dated December 07, 2022 and consequently, the name of the company was changed to ‘Sharp Chucks and Machines Limited’, and a fresh certificate of incorporation was granted by the Registrar of Companies, Chandigarh dated December 20, 2022.The company is engaged in the manufacturing of forging and graded casting machined components of tractors and other automobiles, and are also engaged in power chucks, lathe chucks, drill chucks, and other machine tools accessories it supplies to automobile industries in India and OEMs industries. Its manufactured products have diverse applications for tractor, automobiles, material handling earth moving equipment, railways, defense, machine tools, DIY industry, etc. It also manufactures customized components as per customer specific requirements and use, with high degree of precision both in quality and time with personalized services to its strong customer base in India and overseas.The company has necessary instruments for checking the quality of its raw materials and finished goods for measuring the sizes and shapes in order to match the standards based on the standardized dimensions as well as customer specifications. If the raw materials purchased through the purchase orders fail to confirm to the required standards for manufacturing its products, the same are liable to be rejected and are returned to the suppliers/vendors. The finished products are also tested in-house to ensure that the same is of relevant standards and design as specified by the customer; the products are then packed and dispatched to the end users or customers.Business area of the companyThe company is engaged in the manufacturing of lathe chucks, power chucks, drill chucks, machine tool accessories and auto parts which find applications in varied industries (viz. automotive industries, material handling earth moving equipment industry, sugar plants, cement plants and tractor industry).Products of the companyLathe / Power / Drill Chucks/ Machine ToolsSelf-centering lathe chucks (Standard jaws)Self-centering lathe chucks (Master top jaws)Self-centering lathe chucks, double jaw guide (Standard jaws)Four jaw independent chuckSpare parts of lathe chuckPower chuck close centrePower chuck open centreEccentric compensation / jaw compensationRotary cylinderDrill chucks with keysCasting ProductsBrake HousingTrumpet HousingF/W HubCylinder BlockGear CasingPistonT P CarrierForgingLift Arm CastingKona Gear / Gear BlanksGear BlanksAxesClaw hammerSplitting MaulsMattockTamperJack standAwards, achievements accolades2009-10: Awarded the Best SCM Performance Award by Swaraj Division of Mahindra Mahindra Ltd.2010-11: Awarded the Best SCM Performance Award by Swaraj Division of Mahindra Mahindra Ltd.2012: Certified as an ISO 9001:2008 Company.2012: Get Credit rating from NSIC CRISIL SE 2B for high performance capability and moderate financial strength.2013: Awarded the Best supplier 2013 from Mahindra Rise.2014: Best Supplier 2014 Appreciation Award by Swaraj.2021: Receipt of Quality Management System Certificate IATF 16949:2016 and ISO 9001:2015.2021: Receipt of Social Accountability System Certificate SA 8000:2014.2021: Excellent Performance in the field of Escorts Supplier Quality Systems Improvement Audit.History and milestones1994: Incorporated as a Private Limited Company in the name and style of Sharp Garden Implements Private Limited.1995: Change of Name of Company from ‘Sharp Garden Implements Private Limited’ to ‘Sharp Chucks and Machines Private Limited’.2004: Conversion of Company from private to public from ‘Sharp Chucks and Machines Private Limited’ to ‘Sharp Chucks and Machines Limited’.2004: Amalgamation of Sharp Forgings Limited with the Company.2014: Conversion of Company from public to private from ‘Sharp Chucks and Machines Limited’ to ‘Sharp Chucks and Machines Private Limited’.2014: Entered Subscription cum Shareholders agreement with SIDBI Venture Capital Limited.2022: Conversion of Company from private to public from ‘Sharp Chucks and Machines Private Limited’ to ‘Sharp Chucks and Machines Limited’.
