Speedwell Abrasive Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 20 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 15.44 Cr
- Satisfied Charges ₹ 2.10 Cr
- Revenue Growth 6.60%
- Profit Growth 0.02%
- Ebitda -17.47%
- Net Worth 10.49%
- Total Assets 5.49%
About Speedwell Abrasive
Speedwell Abrasive Private Limited (SAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 May 2004 and has a history of 20 years and eight months. Its registered office is in Rajkot, Gujarat, India.
The Company is engaged in the Machinery And Equipment 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 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹15.44 Cr. The company has closed loans amounting to ₹2.10 Cr, as per Ministry of Corporate Affairs (MCA) records.
Meet Dharsandia, Ankur Dharsadiya, and Dilipkumar Dharsandia serve as directors at the Company.
Company Details
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Location
Rajkot, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U29224GJ2004PTC044146
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Company No.
044146
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
20 May 2004
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
What products or services does Speedwell Abrasive Private Limited offer?
Speedwell Abrasive Private Limited offers a wide range of products and services, including Saw Blades & Grinding Wheels, Cutting & Saw Blades, Grinding Wheels, Metal & Metal Made Products, Aluminum Sheets, Diamond Tools, Diamond Segment, Cutting Wheels, Seals, Oil Seals & Industrial Seals, Seals.
Who are the key members and board of directors at Speedwell Abrasive?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dilipkumar Dharsandia
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Managing Director | 20-May-2004 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Meet Dharsandia
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Director | 15-Jun-2019 | Current |
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Ankur Dharsadiya
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Director | 19-May-2010 | Current |
Financial Performance of Speedwell Abrasive.
Speedwell Abrasive Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.6% increase. The company also saw a slight improvement in profitability, with a 0.02% increase in profit. The company's net worth Soared by an impressive increase of 10.49%.
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What is the Ownership and Shareholding Structure of Speedwell Abrasive?
In 2023, Speedwell Abrasive 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)
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Primesteel Manufacture Private LimitedMeet Dharsandia and Dilipkumar Dharsandia are mutual person
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Hdl Global (India) Private LimitedMeet Dharsandia and Dilipkumar Dharsandia are mutual person
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Steelwell Private LimitedMeet Dharsandia and Dilipkumar Dharsandia are mutual person
Charges (Loans)
₹15.44 Cr
₹2.10 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 15.44 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 May 2015 | Axis Bank Limited | ₹15.44 Cr | Open |
| 20 Mar 2010 | Bank Of Baroda | ₹2.00 Cr | Satisfied |
| 14 Oct 2004 | Dena Bank | ₹1.00 M | Satisfied |
How Many Employees Work at Speedwell Abrasive?
Speedwell Abrasive has a workforce of 40 employees as of Apr 05, 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 Speedwell Abrasive, 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 Speedwell Abrasive'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.
