Speed Vidyut Venture Private Limited

Wind power generation and building trading company with a focus on electric power.

2006 | Hyderabad, Telangana (India) | Active
Last Updated:

Speed Vidyut Venture Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.80 M
  • Company Age 19 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.30 Cr
  • Revenue Growth -12.85%
  • Profit Growth -27.26%
  • Ebitda -61.19%
  • Net Worth 30.66%
  • Total Assets 50.30%

About Speed Vidyut Venture

Speed Vidyut Venture Private Limited (SVVPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 January 2006 and has a history of 19 years and two months. Its registered office is in Hyderabad, Telangana, India.

The Corporate was formerly known as Speed Apparels Private Limited. The Company is engaged in the Real Estate And Construction 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 ₹5.30 Cr.

Karunakar Kundoor, Satwik Legala, and Shankar Katireddy serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40106TG2006PTC048678

  • Company No.

    048678

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Jan 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Real Estate and Construction
Environment
Company report

Speed Vidyut Venture Private Limited

Explore comprehensive data for Speed Vidyut Venture Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (3)

NameDesignationAppointment DateStatus
Karunakar Kundoor Country flag representing In Director 01-Jul-2013Current
Satwik Legala Country flag representing In Additional Director 23-Dec-2023Current
Shankar Katireddy Country flag representing In Director 05-Jan-2006Current

Financial Performance of Speed Vidyut Venture.

Speed Vidyut Venture Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 12.85% decrease. The company also saw a substantial fall in profitability, with a 27.26% decrease in profit. The company's net worth Soared by an impressive increase of 30.66%.

Speed Vidyut Venture revenue growth over time
Speed Vidyut Venture 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
-12.85%
Revenue from Operations
-23.33%
Total Assets
50.30%
Profit or Loss
-27.26%
Net Worth
30.66%
EBITDA
-61.19%

What is the Ownership and Shareholding Structure of Speed Vidyut Venture?

In 2023, Speed Vidyut Venture 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

₹52.98 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 4.98 Cr
  • Hdfc Bank Limited : 0.32 Cr

Latest Charge Details

DateLenderAmountStatus
26 Aug 2022Yes Bank Limited₹4.98 CrOpen
27 May 2022Hdfc Bank Limited₹3.18 MOpen

How Many Employees Work at Speed Vidyut Venture?

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

Employee growth trends for Speed Vidyut Venture Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Director Appointment

    Satwik Reddy Legala was appointed as a Additional Director was appointed as a Additional Director on 23 Dec 2023 & has been associated with this company since 1 year 2 months .

  • Annual General Meeting

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

  • Balance Sheet

    Speed Vidyut Venture Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 49.80 M with Charge ID 100645936 was registered on 26 Aug 2022.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.18 M with Charge ID 100759869 was registered on 27 May 2022.

  • Director Appointment

    Karunakar Reddy Kundoor was appointed as a Director was appointed as a Director on 01 Jul 2013 & has been associated with this company since 11 years 8 months .

Frequently asked questions

  • What is the Incorporation or founding date of Speed Vidyut Venture Private Limited?

    Speed Vidyut Venture Private Limited was incorporated on 05 Jan 2006.

  • What is authorized share capital and paid-up capital of Speed Vidyut Venture Private Limited?

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

  • Who are the current board members & directors of Speed Vidyut Venture Private Limited?

    Currently 3 directors are associated with Speed Vidyut Venture Private Limited.

    • Karunakar Reddy Kundoor
    • Satwik Reddy Legala
    • Shankar Reddy Katireddy

  • What is the registered address of Speed Vidyut Venture Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Speed Vidyut Venture Private Limited is Plot No. 43 H. 8-2-269/S/43 Sagar Co-Op Housing Society Ltd, Road 2 India, Khairatabad, Telangana, 500034.

  • What is the corporate identification number (CIN) and company number of Speed Vidyut Venture Private Limited?

    The corporate identification number (CIN) of Speed Vidyut Venture Private Limited is U40106TG2006PTC048678 and the company number is 048678 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Speed Vidyut Venture Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Speed Vidyut Venture Private Limited has fallen by -12.85%.

  • What change has been observed in the net worth of Speed Vidyut Venture Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Speed Vidyut Venture Private Limited has experienced an upsurge of 30.66%.

  • What are the total open charges for Speed Vidyut Venture Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Speed Vidyut Venture Private Limited amount to ₹ 5.30 Cr.

  • When was the last Balance Sheet of Speed Vidyut Venture Private Limited filed with the ROC?

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

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