Speed Motors Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
as on 24-07-2024
- Paid Up Capital ₹ 6.72 M
as on 24-07-2024
- Company Age 77 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 46.28 Cr
as on 24-07-2024
- Satisfied Charges ₹ 14.82 Cr
as on 24-07-2024
- Revenue 63.24%
(FY 2023)
- Profit 68.98%
(FY 2023)
- Ebitda -105.21%
(FY 2023)
- Net Worth 73.52%
(FY 2023)
- Total Assets 0.97%
(FY 2023)
About Speed Motors
The Corporate was formerly known as Speed Motors Limited. 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 Cr and a paid-up capital of Rs 6.72 M.
The company currently has active open charges totaling ₹46.28 Cr. The company has closed loans amounting to ₹14.82 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.
- CIN/LLPIN
U34102UP1947PTC001835
- Company No.
001835
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 Nov 1947
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kanpur
Industry
Company Details
- Location
Uttar Pradesh, Uttar Pradesh, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Speed Motors?
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sandeep Narain  | Director | 02-Sep-1985 | Current |
| Rajesh Narain | Director | 01-Jan-1993 | Current |
| Divij Narain | Director | 23-Jan-2012 | Current |
| Vidit Narain | Director | 23-May-2022 | Current |
Financial Performance of Speed Motors.
Speed Motors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 63.24% increase. The company also saw a substantial improvement in profitability, with a 68.98% increase in profit. The company's net worth Soared by an impressive increase of 73.52%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Speed Motors?
In 2023, Speed Motors had a promoter holding of 93.64% and a public holding of 6.36%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Speed Motocorp Private LimitedActive 9 years 11 monthsRajesh Narain, Sandeep Narain and 2 more are mutual person
- Speedsafe Auto Private LimitedActive 8 years 6 months
Rajesh Narain and Vidit Narain are mutual person
- Speedworks Auto Private LimitedActive 3 years 6 months
Divij Narain and Vidit Narain are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 27 Mar 2019 | ₹1.60 Cr | Open |
Others Creation Date: 27 Mar 2019 | ₹9.90 M | Open |
Others Creation Date: 05 Jan 2017 | ₹2.00 Cr | Open |
How Many Employees Work at Speed Motors?
Speed Motors has a workforce of 46 employees as of Mar 31, 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 Motors, 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 Motors'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.
