Speed Vidyut Venture Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
as on 16-11-2024
- Paid Up Capital ₹ 0.80 M
as on 16-11-2024
- Company Age 19 Year, 6 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 5.30 Cr
as on 16-11-2024
- Revenue -12.85%
(FY 2023)
- Profit -27.26%
(FY 2023)
- Ebitda -61.19%
(FY 2023)
- Net Worth 30.66%
(FY 2023)
- Total Assets 50.30%
(FY 2023)
About Speed Vidyut Venture
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.
- 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
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Speed Vidyut Venture?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Karunakar Kundoor  | Director | 01-Jul-2013 | Current |
| Satwik Legala | Additional Director | 23-Dec-2023 | Current |
| Shankar Katireddy | Director | 05-Jan-2006 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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.
Related Corporates (Common Directorship)
Woodmaid Industries Private LimitedActive 9 years 4 monthsKarunakar Kundoor and Shankar Katireddy are mutual person
Speed Infra Developers LlpActive 3 years 8 monthsKarunakar Kundoor and Shankar Katireddy are mutual person
- Speed Infra Builders LlpActive 1 year 7 months
Karunakar Kundoor and Shankar Katireddy are mutual person
- Speed Housing Ventures Private LimitedActive 17 years 11 months
Karunakar Kundoor and Shankar Katireddy are mutual person
- Speed Ventures Private LimitedActive 8 years 25 days
Karunakar Kundoor and Shankar Katireddy are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Yes Bank Limited Creation Date: 26 Aug 2022 | ₹4.98 Cr | Open |
Hdfc Bank Limited Creation Date: 27 May 2022 | ₹3.18 M | Open |
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.
Deals i
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
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.
