Speed Automotive Profile
Key Indicators
- Authorised Capital ₹ 2.00 M
- Paid Up Capital ₹ 1.19 M
- Company Age 18 Year, 5 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 five 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.
Company Details
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Location
Raipur, Chattisgarh, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U05040CT2006PTC020044
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Company No.
020044
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
14 Aug 2006
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chhattisgarh
Industry
Who are the key members and board of directors at Speed Automotive?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prabhjeet Chawla
|
Managing Director | 05-May-2017 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Navdeep Chawla
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Director | 14-Aug-2006 | Current |
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%.
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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.
Charges (Loans)
₹110.00 M
₹47.00 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 11.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jun 2021 | Hdfc Bank Limited | ₹11.00 Cr | Open |
| 17 Oct 2013 | Volkswagen Finance Private Limited | ₹2.00 Cr | Satisfied |
| 05 May 2009 | State Bank Of India | ₹2.70 Cr | Satisfied |
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.
Deals i
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
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
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.
