Speedwell Abrasive Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 20 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- 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 nine 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 2024. 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
- Location
Rajkot, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29224GJ2004PTC044146
- Company No.
044146
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 May 2004
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Machinery and Equipment
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  | Managing Director | 20-May-2004 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Meet Dharsandia | Director | 15-Jun-2019 | Current |
| Ankur Dharsadiya | 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%.
- 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 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)
Primesteel Manufacture Private LimitedMeet Dharsandia and Dilipkumar Dharsandia are mutual person
Hdl Global (India) Private LimitedMeet Dharsandia and Dilipkumar Dharsandia are mutual person
Steelwell Private LimitedMeet Dharsandia and Dilipkumar Dharsandia are mutual person
Charges (Loans)
Open Charges
₹15.44 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Speedwell Abrasive
Recent activity within the organization
- Annual General Meeting
Speedwell Abrasive Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Speedwell Abrasive Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge with Axis Bank Limited of Rs. 15.44 Cr registered on 26 May 2015 with Charge ID 10571287 was modified on 04 Mar 2024.
- Director Appointment
Meet Dilipbhai Dharsandia was appointed as a Director was appointed as a Director on 15 Jun 2019 & has been associated with this company since 5 years 8 months .
- Charges
A charge registered on 20 Mar 2010 via Charge ID 10208821 with Bank Of Baroda was fully satisfied on 15 Jun 2015.
- Charges
A charge with Axis Bank Limited amounted to Rs. 15.44 Cr with Charge ID 10571287 was registered on 26 May 2015.
Frequently asked questions
What is the Incorporation or founding date of Speedwell Abrasive Private Limited?
Speedwell Abrasive Private Limited was incorporated on 20 May 2004.
What is authorized share capital and paid-up capital of Speedwell Abrasive Private Limited?
The authorized share capital of Speedwell Abrasive Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.
Who are the current board members & directors of Speedwell Abrasive Private Limited?
Currently 3 directors are associated with Speedwell Abrasive Private Limited.
- Meet Dilipbhai Dharsandia
- Ankur Chandulal Dharsadiya
- Dilipkumar Parbatbhai Dharsandia
What is the registered address of Speedwell Abrasive Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Speedwell Abrasive Private Limited is Plot No. 11 Kuvadva G.I.D.C. Nr. Om Ploting, At: India, Rajkot, Gujarat, 360023.
What is the corporate identification number (CIN) and company number of Speedwell Abrasive Private Limited?
The corporate identification number (CIN) of Speedwell Abrasive Private Limited is U29224GJ2004PTC044146 and the company number is 044146 as per Ministry of Corporate Affairs (MCA).
What is the official website of Speedwell Abrasive Private Limited?
The Official website of Speedwell Abrasive Private Limited is https://www.speedwellabrasive.com
What has been the recent revenue trend for Speedwell Abrasive Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Speedwell Abrasive Private Limited has risen by 6.60%.
How many employees does Speedwell Abrasive Private Limited currently have?
As Per 2023 financial reports, 40 employees are currently employed by Speedwell Abrasive Private Limited.
What change has been observed in the net worth of Speedwell Abrasive Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Speedwell Abrasive Private Limited has experienced an upsurge of 10.49%.
What are the total open charges for Speedwell Abrasive Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Speedwell Abrasive Private Limited amount to ₹ 15.44 Cr.
When was the last Balance Sheet of Speedwell Abrasive Private Limited filed with the ROC?
The most recent Balance Sheet for Speedwell Abrasive Private Limited was filed with the ROC on 31 Mar 2024.
People also Viewed
HV
Hematlal VachhaniDirectorVD
Vallabhbhai DharsandiyaDirectorNR
Navinchandra RaiyaniDirector
Similar Companies Based on Industrial Tools & Components
Ultra Corpotech Private Limited Pune, Maharashtra, India
Skf India Limited Pune, Maharashtra, India
Triveni Engineering And Industries Limited Gautam Buddha Nagar, Uttar Pradesh, India
Subros Limited New Delhi, India
Atlas Copco (India) Private Limited Dapodi, Pune-411012., Maharashtra, India
Tube Investments Of India Limited Chennai, Tamil Nadu, India
Sundram Fasteners Limited Chennai, Tamil Nadu, India
Timken India Limited Bangaluru, Karnataka, India