Speed Roadways Private Limited

Provides freight transport services for various industries and clients, with branch offices across India.

1991 | Bangaluru, Karnataka (India) | Active
Last Updated: February 12, 2025

Speed Roadways Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.80 M
  • Company Age 33 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.95 Cr
  • Satisfied Charges ₹ 9.75 Cr
  • Revenue Growth -0.99%
  • Profit Growth 77.77%
  • Ebitda 11.59%
  • Net Worth -0.22%
  • Total Assets 15.50%

About Speed Roadways

Speed Roadways Private Limited (SRPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 September 1991 and has a history of 33 years and four months. Its registered office is in Bangaluru, Karnataka, India.

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 1.00 M and a paid-up capital of Rs 0.80 M.

The company currently has active open charges totaling ₹3.95 Cr. The company has closed loans amounting to ₹9.75 Cr, as per Ministry of Corporate Affairs (MCA) records.

Urmila Agarwal, Kiran Dua, and Gordhan Agarwal serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    speedroadways.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U60210KA1991PTC012331

  • Company No.

    012331

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Sep 1991

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Transport and Logistics

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

Board Members (3)

Name Designation Appointment Date Status
Kiran Dua Country flag representing In Director 31-Mar-2015 Current
Gordhan Agarwal Country flag representing In Director 31-Mar-2015 Current
Urmila Agarwal Country flag representing In Director 19-Sep-1991 Current

Financial Performance of Speed Roadways.

Speed Roadways Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.99% decrease. The company also saw a substantial improvement in profitability, with a 77.77% increase in profit. The company's net worth dipped by a decrease of 0.22%.

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
-0.99%
Revenue from Operations
-0.99%
Total Assets
15.50%
Profit or Loss
77.77%
Net Worth
-0.22%
EBITDA
11.59%

What is the Ownership and Shareholding Structure of Speed Roadways?

In 2023, Speed Roadways had a public holding of 1.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹39.45 M

Satisfied Charges

₹97.50 M

Charges Breakdown by Lending Institutions

  • Citibank N.A : 3.95 Cr

Latest Charge Details

Date Lender Amount Status
21 Jan 2008 Citibank N.A ₹3.95 Cr Open
23 Jan 2015 Yes Bank Limited ₹6.00 Cr Satisfied
19 Nov 2010 Kotak Mahindra Bank Limited ₹3.00 Cr Satisfied
27 Sep 2006 Icici Bank Limited ₹7.50 M Satisfied

How Many Employees Work at Speed Roadways?

Speed Roadways has a workforce of 2 employees as of Mar 30, 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 Roadways, 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 Roadways'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 Roadways

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge registered on 19 Nov 2010 via Charge ID 10252936 with Kotak Mahindra Bank Limited was fully satisfied on 30 Sep 2022.

    30 Sep 2022

  • Charges

    A charge registered on 23 Jan 2015 via Charge ID 10563287 with Yes Bank Limited was fully satisfied on 06 Jan 2022.

    06 Jan 2022

  • Charges

    A charge with Yes Bank Limited of Rs. 60.00 M registered on 23 Jan 2015 with Charge ID 10563287 was modified on 04 Dec 2018.

    04 Dec 2018

  • Director Appointment

    Kiran Dua was appointed as a Director was appointed as a Director on 31 Mar 2015 & has been associated with this company since 9 years 10 months .

    31 Mar 2015

Frequently asked questions

  • Speed Roadways Private Limited was incorporated on 19 Sep 1991.

  • The authorized share capital of Speed Roadways Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.80 M.

  • Currently 3 directors are associated with Speed Roadways Private Limited.

    • Urmila Agarwal
    • Kiran Dua
    • Gordhan Dass Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Speed Roadways Private Limited is 30/1 6Th C Main Road 4Th Block, Jayanagar India, Bangalore South, Karnataka, 560011.

  • The corporate identification number (CIN) of Speed Roadways Private Limited is U60210KA1991PTC012331 and the company number is 012331 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Speed Roadways Private Limited is https://www.speedroadways.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Speed Roadways Private Limited has fallen by -0.99%.

  • As Per 2023 financial reports, 2 employees are currently employed by Speed Roadways Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Speed Roadways Private Limited has experienced an downturn of -0.22%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Speed Roadways Private Limited amount to ₹ 3.95 Cr.

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

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