Speed Sales Pvt Ltd

Trading and distribution of various types of automobiles on a commercial basis.

1988 | Kamrup, Assam (India) | Active
Last Updated: December 03, 2024

Speed Sales Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.13 M
  • Company Age 36 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.00 Cr
  • Satisfied Charges ₹ 2.88 Cr
  • Revenue Growth 5.29%
  • Profit Growth 14.15%
  • Ebitda 891.75%
  • Net Worth 3.88%
  • Total Assets 30.85%

About Speed Sales

Speed Sales Pvt Ltd (SSPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 October 1988 and has a history of 36 years and three months. Its registered office is in Kamrup, Assam, 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 5.00 M and a paid-up capital of Rs 4.13 M.

The company currently has active open charges totaling ₹1.00 Cr. The company has closed loans amounting to ₹2.88 Cr, as per Ministry of Corporate Affairs (MCA) records.

Tushar Jalan and Tulika Jalan serve as directors at the Company.

Company Details

  • Location

    Kamrup, Assam, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50401AS1988PTC003092

  • Company No.

    003092

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Oct 1988

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Shillong

Industry

Automotive

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

Board Members (2)

Name Designation Appointment Date Status
Tushar Jalan Country flag representing In Director 30-Sep-2005 Current
Tulika Jalan Country flag representing In Director 27-Aug-2018 Current

Financial Performance of Speed Sales.

Speed Sales Pvt Ltd, for the financial year ended 2016, experienced modest growth in revenue, with a 5.29% increase. The company also saw a substantial improvement in profitability, with a 14.15% increase in profit. The company's net worth moved up by a moderate rise of 3.88%.

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
5.29%
Revenue from Operations
14.30%
Total Assets
30.85%
Profit or Loss
14.15%
Net Worth
3.88%
EBITDA
891.75%

What is the Ownership and Shareholding Structure of Speed Sales?

In 2017, Speed Sales had a promoter holding of 69.33% and a public holding of 30.67%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.00 M

Satisfied Charges

₹28.80 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 1.00 Cr

Latest Charge Details

Date Lender Amount Status
25 Feb 2003 State Bank Of India ₹5.00 M Open
25 Feb 2003 State Bank Of India ₹5.00 M Open
08 Jan 2010 Standard Chartered Bank ₹1.75 Cr Satisfied
25 Sep 2008 Axis Bank Limited ₹7.00 M Satisfied
24 Apr 2007 Uco Bank ₹4.30 M Satisfied

How Many Employees Work at Speed Sales?

Unlock and access historical data on people associated with Speed Sales, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Speed Sales Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Speed Sales Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Shillong.

    31 Mar 2023

  • Charges

    A charge registered on 08 Jan 2010 via Charge ID 10196001 with Standard Chartered Bank was fully satisfied on 04 Mar 2020.

    04 Mar 2020

  • Director Appointment

    Tulika Jalan was appointed as a Director was appointed as a Director on 27 Aug 2018 & has been associated with this company since 6 years 5 months .

    27 Aug 2018

  • Charges

    A charge with Standard Chartered Bank of Rs. 17.50 M registered on 08 Jan 2010 with Charge ID 10196001 was modified on 21 Oct 2016.

    21 Oct 2016

  • Charges

    A charge registered on 25 Sep 2008 via Charge ID 10129435 with Axis Bank Limited was fully satisfied on 11 Jan 2010.

    11 Jan 2010

Frequently asked questions

  • Speed Sales Pvt Ltd was incorporated on 06 Oct 1988.

  • The authorized share capital of Speed Sales Pvt Ltd is ₹ 5.00 M and paid-up capital is ₹ 4.13 M.

  • Currently 2 directors are associated with Speed Sales Pvt Ltd.

    • Tushar Jalan
    • Tulika Jalan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Speed Sales Pvt Ltd is Rd Enclave 3Rd Floor Christian Basti, G.S. Road India, Guwahati, Assam, 781005.

  • The corporate identification number (CIN) of Speed Sales Pvt Ltd is U50401AS1988PTC003092 and the company number is 003092 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2016, the revenue trend for Speed Sales Pvt Ltd has risen by 5.29%.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Speed Sales Pvt Ltd has experienced an upsurge of 3.88%.

  • As per the financial statements for fiscal Year 2016, The total open charges for Speed Sales Pvt Ltd amount to ₹ 1.00 Cr.

  • The most recent Balance Sheet for Speed Sales Pvt Ltd was filed with the ROC on 31 Mar 2023.

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