Speedways Tyre Profile
Key Indicators
- Authorised Capital ₹ 2.50 Cr
- Paid Up Capital ₹ 2.16 Cr
- Company Age 40 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 9.00 M
- Revenue Growth 2.37%
- Profit Growth 5.50%
- Ebitda 7.66%
- Net Worth 16.86%
- Total Assets 6.65%
About Speedways Tyre
Speedways Tyre Limited (STL) is a leading Public Limited Indian Non-Government Company incorporated in India on 26 October 1984 and has a history of 40 years and five months. Its registered office is in Punjab, Punjab.
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 2.50 Cr and a paid-up capital of Rs 2.16 Cr.
The company currently has active open charges totaling ₹9.00 M.
Sahil Sodhi, Sumit Gandhi, Jaspreet Singh, and Two other members serve as directors at the Company.
Company Details
- Location Punjab, Punjab
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U25111PB1984PLC005994
- Company No.
005994
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
26 Oct 1984
- Date of AGM
27 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Automotive
What products or services does Speedways Tyre Limited offer?
Speedways Tyre Limited offers a wide range of products and services, including Bicycle Wheel Parts, Bicycle Tubes, Bicycle Tyres, Tyre, Tube & Flaps, Two Wheeler Tyres, Kids, Racing Bicycles and Rickshaws, Sports Bicycles, Bicycle, Hero Cycle, Motorcycle Tyres.
Speedways Tyre Limited
Explore comprehensive data for Speedways Tyre Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Speedways Tyre?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Arvinder Singh  | Managing Director | 20-Dec-2005 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sahil Sodhi | Director | 26-May-2023 | Current |
| Sumit Gandhi | Director | 26-May-2023 | Current |
| Jaspreet Singh | Director | 16-Sep-2005 | Current |
| Prabhjot Kaur | Director | 19-Jun-1992 | Current |
Financial Performance of Speedways Tyre.
Speedways Tyre Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.37% increase. The company also saw a slight improvement in profitability, with a 5.5% increase in profit. The company's net worth Soared by an impressive increase of 16.86%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Speedways Tyre?
In 2023, Speedways Tyre had a promoter holding of 99.91% and a public holding of 0.09%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Fabkaari Hub LlpSahil Sodhi is a mutual person
- Paras Capfund Company Private Limited
Sahil Sodhi is a mutual person
Charges (Loans)
Open Charges
₹0.90 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 0.90 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 May 2024 | Others | ₹9.00 M | Open |
How Many Employees Work at Speedways Tyre?
Speedways Tyre has a workforce of 348 employees as of Aug 16, 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 Speedways Tyre, 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 Speedways Tyre'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.
Latest Updates, News, and FAQs on Speedways Tyre
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 0.90 Cr with Charge ID 100938027 was registered on 29 May 2024.
- Annual General Meeting
Speedways Tyre Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.
- Director Appointment
Sahil Sodhi was appointed as a Director was appointed as a Director on 26 May 2023 & has been associated with this company since 1 year 10 months .
- Director Appointment
Sumit Gandhi was appointed as a Director was appointed as a Director on 26 May 2023 & has been associated with this company since 1 year 10 months .
- Balance Sheet
Speedways Tyre Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.
- Director Appointment
Arvinder Singh was appointed as a Managing Director was appointed as a Managing Director on 20 Dec 2005 & has been associated with this company since 19 years 3 months .
Frequently asked questions
What is the Incorporation or founding date of Speedways Tyre Limited?
Speedways Tyre Limited was incorporated on 26 Oct 1984.
What is authorized share capital and paid-up capital of Speedways Tyre Limited?
The authorized share capital of Speedways Tyre Limited is ₹ 2.50 Cr and paid-up capital is ₹ 2.16 Cr.
Who are the current board members & directors of Speedways Tyre Limited?
Currently 5 directors are associated with Speedways Tyre Limited.
- Sahil Sodhi
- Sumit Gandhi
- Jaspreet Singh
- Prabhjot Kaur
- Arvinder Singh
What is the registered address of Speedways Tyre Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Speedways Tyre Limited is Suchi Pind Bye Passg T Road Jalandhar India, Punjab.
What is the corporate identification number (CIN) and company number of Speedways Tyre Limited?
The corporate identification number (CIN) of Speedways Tyre Limited is U25111PB1984PLC005994 and the company number is 005994 as per Ministry of Corporate Affairs (MCA).
What is the official website of Speedways Tyre Limited?
The Official website of Speedways Tyre Limited is https://www.speedways.co.in
What has been the recent revenue trend for Speedways Tyre Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Speedways Tyre Limited has risen by 2.37%.
How many employees does Speedways Tyre Limited currently have?
As Per 2023 financial reports, 348 employees are currently employed by Speedways Tyre Limited.
What change has been observed in the net worth of Speedways Tyre Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Speedways Tyre Limited has experienced an upsurge of 16.86%.
What are the total open charges for Speedways Tyre Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Speedways Tyre Limited amount to ₹ 9.00 M.
When was the last Balance Sheet of Speedways Tyre Limited filed with the ROC?
The most recent Balance Sheet for Speedways Tyre Limited was filed with the ROC on 31 Mar 2023.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records