Speed Motocorp Private Limited

Provides a wide range of vehicles and services for land, sea, and air transportation.

2014 | Lucknow, Uttar Pradesh (India) | Active
Last Updated: January 03, 2025

Speed Motocorp Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 10 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.12 Cr
  • Satisfied Charges ₹ 8.00 Cr
  • Revenue Growth 49.99%
  • Profit Growth 402.07%
  • Ebitda 1904.86%
  • Net Worth 227.60%
  • Total Assets -9.73%

About Speed Motocorp

Speed Motocorp Private Limited (SMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 December 2014 and has a history of Ten years and one month. Its registered office is in Lucknow, Uttar Pradesh.

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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹4.12 Cr. The company has closed loans amounting to ₹8.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rajesh Narain, Sandeep Narain, Divij Narain, and One other member serve as directors at the Company.

Company Details

  • Location
    Lucknow, Uttar Pradesh
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50102UP2014PTC067896

  • Company No.

    067896

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Dec 2014

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Automotive

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

Board Members (4)

Name Designation Appointment Date Status
Sandeep Narain Country flag representing In Director 29-Dec-2014 Current
Rajesh Narain Country flag representing In Director 29-Dec-2014 Current
Divij Narain Country flag representing In Additional Director 15-Jan-2015 Current
Vidit Narain Country flag representing In Additional Director 15-Jan-2015 Current

Financial Performance of Speed Motocorp.

Speed Motocorp Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 49.99% increase. The company also saw a substantial improvement in profitability, with a 402.07% increase in profit. The company's net worth Soared by an impressive increase of 227.6%.

Graph illustrating revenue growth over time
Graph showing 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
49.99%
Revenue from Operations
49.25%
Total Assets
-9.73%
Profit or Loss
402.07%
Net Worth
227.60%
EBITDA
1904.86%

What is the Ownership and Shareholding Structure of Speed Motocorp?

In 2023, Speed Motocorp had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.12 Cr

Satisfied Charges

₹8.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 2.12 Cr
  • Yes Bank Limited : 2.00 Cr

Latest Charge Details

Date Lender Amount Status
15 Oct 2024 Yes Bank Limited ₹2.00 Cr Open
28 Nov 2019 Others ₹2.00 Cr Open
09 Aug 2019 Others ₹1.20 M Open
30 Mar 2017 Hdfc Bank Limited ₹6.00 Cr Satisfied
04 Apr 2015 Bank Of Baroda ₹2.00 Cr Satisfied

How Many Employees Work at Speed Motocorp?

Speed Motocorp has a workforce of 19 employees as of Apr 11, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100991996 was registered on 15 Oct 2024.

    15 Oct 2024

  • Annual General Meeting

    Speed Motocorp Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Speed Motocorp Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100307240 was registered on 28 Nov 2019.

    28 Nov 2019

  • Charges

    A charge registered on 30 Mar 2017 via Charge ID 100100259 with Hdfc Bank Limited was fully satisfied on 11 Nov 2019.

    11 Nov 2019

  • Charges

    A charge with Others amounted to Rs. 0.12 Cr with Charge ID 100285726 was registered on 09 Aug 2019.

    09 Aug 2019

Frequently asked questions

  • Speed Motocorp Private Limited was incorporated on 29 Dec 2014.

  • The authorized share capital of Speed Motocorp Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 4 directors are associated with Speed Motocorp Private Limited.

    • Rajesh Narain
    • Sandeep Narain
    • Divij Narain
    • Vidit Narain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Speed Motocorp Private Limited is 12.2 Kms Faizabad Road Ganeshpur Rehmanpur, Chinhat India, Lucknow, Uttar Pradesh, 226000.

  • The corporate identification number (CIN) of Speed Motocorp Private Limited is U50102UP2014PTC067896 and the company number is 067896 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Speed Motocorp Private Limited has risen by 49.99%.

  • As Per 2023 financial reports, 19 employees are currently employed by Speed Motocorp Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Speed Motocorp Private Limited has experienced an upsurge of 227.60%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Speed Motocorp Private Limited amount to ₹ 4.12 Cr.

  • The most recent Balance Sheet for Speed Motocorp Private Limited was filed with the ROC on 31 Mar 2024.