Speed Automotive Private Limited

Sells Skoda car models and is based in Raipur, Chattisgarh.

2006 | Raipur, Chattisgarh (India) | Active
Last Updated:

Speed Automotive Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.19 M
  • Company Age 18 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 11.00 Cr
  • Satisfied Charges ₹ 4.70 Cr
  • Revenue Growth 87.29%
  • Profit Growth 88.07%
  • Ebitda 122.41%
  • Net Worth 22.37%
  • Total Assets -4.58%

About Speed Automotive

Speed Automotive Private Limited (SAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 August 2006 and has a history of 18 years and six months. Its registered office is in Raipur, Chattisgarh, India.

The Company is engaged in the Automotive 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 2.00 M and a paid-up capital of Rs 1.19 M.

The company currently has active open charges totaling ₹11.00 Cr. The company has closed loans amounting to ₹4.70 Cr, as per Ministry of Corporate Affairs (MCA) records.

Navdeep Chawla and Prabhjeet Chawla serve as directors at the Company.

Company Details

  • Location

    Raipur, Chattisgarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U05040CT2006PTC020044

  • Company No.

    020044

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Aug 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chhattisgarh

Industry

Automotive

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

Executive Team (1)

NameDesignationAppointment DateStatus
Prabhjeet Chawla Country flag representing In Managing Director05-May-2017Current

Board Members (1)

NameDesignationAppointment DateStatus
Navdeep Chawla Country flag representing In Director 14-Aug-2006Current

Financial Performance of Speed Automotive.

Speed Automotive Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 87.29% increase. The company also saw a substantial improvement in profitability, with a 88.07% increase in profit. The company's net worth Soared by an impressive increase of 22.37%.

Speed Automotive revenue growth over time
Speed Automotive 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
87.29%
Revenue from Operations
87.29%
Total Assets
-4.58%
Profit or Loss
88.07%
Net Worth
22.37%
EBITDA
122.41%

What is the Ownership and Shareholding Structure of Speed Automotive?

In 2023, Speed Automotive had a promoter holding of 65.13% and a public holding of 34.87%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹110.00 M

Satisfied Charges

₹47.00 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 11.00 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jun 2021Hdfc Bank Limited₹11.00 CrOpen
17 Oct 2013Volkswagen Finance Private Limited₹2.00 CrSatisfied
05 May 2009State Bank Of India₹2.70 CrSatisfied

How Many Employees Work at Speed Automotive?

Speed Automotive has a workforce of 13 employees as of Mar 29, 2024. 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 Speed Automotive Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Speed Automotive, 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 Speed Automotive'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 Speed Automotive

Recent activity within the organization

  • Annual General Meeting

    Speed Automotive Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Speed Automotive Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chhattisgarh.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 110.00 M registered on 30 Jun 2021 with Charge ID 100461394 was modified on 10 Feb 2022.

  • Charges

    A charge registered on 17 Oct 2013 via Charge ID 10461557 with Volkswagen Finance Private Limited was fully satisfied on 24 Jan 2022.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 110.00 M with Charge ID 100461394 was registered on 30 Jun 2021.

  • Charges

    A charge registered on 05 May 2009 via Charge ID 10158257 with State Bank Of India was fully satisfied on 07 Jun 2021.

Frequently asked questions

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

    Speed Automotive Private Limited was incorporated on 14 Aug 2006.

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

    The authorized share capital of Speed Automotive Private Limited is ₹ 2.00 M and paid-up capital is ₹ 1.19 M.

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

    Currently 2 directors are associated with Speed Automotive Private Limited.

    • Navdeep Singh Chawla
    • Prabhjeet Singh Chawla

  • What is the registered address of Speed Automotive Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Speed Automotive Private Limited is Near Kharun River Bridge G.E. Road Chandandih, Tatibandh India, Raipur, Chattisgarh, 492002.

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

    The corporate identification number (CIN) of Speed Automotive Private Limited is U05040CT2006PTC020044 and the company number is 020044 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Speed Automotive Private Limited?

    The Official website of Speed Automotive Private Limited is https://www.speedskoda.co.in

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Speed Automotive Private Limited has risen by 87.29%.

  • How many employees does Speed Automotive Private Limited currently have?

    As Per 2023 financial reports, 13 employees are currently employed by Speed Automotive Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Speed Automotive Private Limited has experienced an upsurge of 22.37%.

  • What are the total open charges for Speed Automotive Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Speed Automotive Private Limited amount to ₹ 11.00 Cr.

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

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

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