Chartered Speed Limited

Transportation company with 750+ buses, offering inter-city, intra-city, tourism, and rental cab services.

2007 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Chartered Speed Profile

Key Indicators

  • Authorised Capital ₹ 40.00 Cr
  • Paid Up Capital ₹ 35.90 Cr
  • Company Age 17 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 831.97 Cr
  • Satisfied Charges ₹ 159.65 Cr
  • Revenue Growth 20.60%
  • Profit Growth -53.05%
  • Ebitda -1.72%
  • Net Worth 6.76%
  • Total Assets -10.87%

About Chartered Speed

Chartered Speed Limited (CSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 22 May 2007 and has a history of 17 years and nine months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Chartered Speed Private Limited. The Company is engaged in the Transport And Logistics Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 40.00 Cr and a paid-up capital of Rs 35.90 Cr.

The company currently has active open charges totaling ₹831.97 Cr. The company has closed loans amounting to ₹159.65 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Chartered Speed Limited India are Deen Gaggar as CFO and Nirav Patel as Company Secretary. Pankaj Gandhi, Alka Gandhi, Sanyam Gandhi, and One other member serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    charteredspeed.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U63030GJ2007PLC050923

  • Company No.

    050923

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 May 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Transport and Logistics

What products or services does Chartered Speed Limited offer?

Chartered Speed Limited offers a wide range of products and services, including Commercial Vehicles & Three Wheelers, Bus, IT Solutions, Enterprise Mobility Solution, Car Rental, Cab Services, Architectural & Civil Engineering, Architectural Services, Commercial Vehicle Spare Parts, Truck Body Part.

Who are the key members and board of directors at Chartered Speed?

Executive Team (3)

NameDesignationAppointment DateStatus
Pankaj Gandhi Country flag representing In Managing Director31-Jul-2008Current
Deen Gaggar Country flag representing In CFO17-Mar-2018Current
Nirav Patel Country flag representing In Company Secretary17-Mar-2018Current

Board Members (3)

NameDesignationAppointment DateStatus
Alka Gandhi Country flag representing In Director 15-Jun-2011Current
Sanyam Gandhi Country flag representing In Whole-Time Director 17-Mar-2018Current
Vaibhavi Shah Additional Director 05-Nov-2024Current

Financial Performance of Chartered Speed.

Chartered Speed Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.6% increase. The company also saw a substantial fall in profitability, with a 53.05% decrease in profit. The company's net worth moved up by a moderate rise of 6.76%.

Chartered Speed revenue growth over time
Chartered Speed profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
20.60%
Revenue from Operations
23.12%
Total Assets
-10.87%
Profit or Loss
-53.05%
Net Worth
6.76%
EBITDA
-1.72%

What is the Ownership and Shareholding Structure of Chartered Speed?

In 2022, Chartered Speed had a promoter holding of 99.99% and a public holding of 0.01%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹831.97 Cr

Satisfied Charges

₹159.65 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 421.00 Cr
  • Others : 220.15 Cr
  • Hdfc Bank Limited : 171.73 Cr
  • Idbi Bank Limited : 15.00 Cr
  • The Catholic Syrian Bank Ltd : 4.09 Cr

Latest Charge Details

DateLenderAmountStatus
24 Jan 2025Others₹1.20 CrOpen
25 Nov 2024The Catholic Syrian Bank Ltd₹4.09 CrOpen
03 Sep 2024Others₹7.75 CrOpen
31 Aug 2024Others₹6.33 MOpen
31 Aug 2024Others₹1.35 CrOpen

How Many Employees Work at Chartered Speed?

Chartered Speed has a workforce of 2476 employees as of Feb 20, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Chartered Speed Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Chartered Speed, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Chartered Speed's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Chartered Speed

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 1.20 Cr with Charge ID 101041578 was registered on 24 Jan 2025.

  • Charges

    A charge registered on 21 Mar 2022 via Charge ID 100553369 with Others was fully satisfied on 23 Dec 2024.

  • Charges

    A charge registered on 08 Mar 2022 via Charge ID 100551431 with Others was fully satisfied on 23 Dec 2024.

  • Charges

    A charge with The Catholic Syrian Bank Ltd amounted to Rs. 4.09 Cr with Charge ID 101009491 was registered on 25 Nov 2024.

  • Director Appointment

    Vaibhavi Kaushal Shah was appointed as a Additional Director was appointed as a Additional Director on 05 Nov 2024 & has been associated with this company since 3 months 29 days .

  • Charges

    A charge registered on 01 Feb 2019 via Charge ID 100244962 with Others was fully satisfied on 01 Oct 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Chartered Speed Limited?

    Chartered Speed Limited was incorporated on 22 May 2007.

  • What is authorized share capital and paid-up capital of Chartered Speed Limited?

    The authorized share capital of Chartered Speed Limited is ₹ 40.00 Cr and paid-up capital is ₹ 35.90 Cr.

  • Who are the current board members & directors of Chartered Speed Limited?

    Currently 6 directors are associated with Chartered Speed Limited.

    • Pankaj Gandhi
    • Alka Gandhi
    • Sanyam Pankaj Kumar Gandhi
    • Vaibhavi Kaushal Shah
    • Deen Bandhu Gaggar
    • Nirav Prakashchandra Patel

  • What is the registered address of Chartered Speed Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Chartered Speed Limited is Sarkhej-Bavla Highway Sanathal, Sarkhej India, Ahmedabad, Gujarat, 382210.

  • What is the corporate identification number (CIN) and company number of Chartered Speed Limited?

    The corporate identification number (CIN) of Chartered Speed Limited is U63030GJ2007PLC050923 and the company number is 050923 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Chartered Speed Limited?

    The Official website of Chartered Speed Limited is https://www.charteredspeed.com

  • What has been the recent revenue trend for Chartered Speed Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Chartered Speed Limited has risen by 20.60%.

  • How many employees does Chartered Speed Limited currently have?

    As Per 2023 financial reports, 2476 employees are currently employed by Chartered Speed Limited.

  • What change has been observed in the net worth of Chartered Speed Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Chartered Speed Limited has experienced an upsurge of 6.76%.

  • What are the total open charges for Chartered Speed Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Chartered Speed Limited amount to ₹ 831.97 Cr.

  • When was the last Balance Sheet of Chartered Speed Limited filed with the ROC?

    The most recent Balance Sheet for Chartered Speed Limited was filed with the ROC on 31 Mar 2023.

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