About Speedwell IT Solutions Private Limited
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Speedwell IT Solutions Private Limited is a private limited company based in Noida, Uttar Pradesh, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 13 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U74110UP2019PTC123257. Its GSTIN is 09ABCCS9004J1Z5 (Uttar Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ragini Soni and Manoj Kumar Soni.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at C – 196 Sec – 63, Noida, Uttar Pradesh, India – 201301.
As per the financials filed for FY 2023, the company reported a revenue of ₹36.38 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹6.12 Cr (net margin 16.8%) and EBITDA of ₹7.74 Cr (EBITDA margin 21.3%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years.
Its group structure includes 1 subsidiary.
The company is associated with 2 brands: Speedwell IT Solutions and SpeedWell IT Solutions.
For more details, the company can be reached via its website switspl.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressC – 196 Sec – 63, Noida, Uttar Pradesh, India – 201301
- IndustryInformation Technology, IT Consulting & Support Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Speedwell IT Solutions Private Limited
The main business activity of Speedwell IT Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Speedwell IT Solutions Private Limited FY 2023 filings available
Speedwell IT Solutions Private Limited reported revenue of ₹36.38 Cr (down 3% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Speedwell IT Solutions Private Limited
Revenue fell 3% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 39%. EBITDA fell 52% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Speedwell IT Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹7.74 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.12 Cr | •••• | •••• | •••• |
| Balance Sheet | ||||
| Share Capital | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• |
Financial Ratios of Speedwell IT Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 21.3% | •••• | •••• | •••• |
| Net Profit Margin | 16.8% | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• |
| Liquidity and Debt | ||||
| Current Ratio | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• |
| Efficiency and Growth | ||||
| Asset Turnover | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Speedwell IT Solutions are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Speedwell IT Solutions Private Limited
Speedwell IT Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| MRCC IT Solutions Private Limited | ₹36.93 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Thane, Maharashtra, India |
| Knovos India Private Limited | ₹36.71 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Koba, Gujarat, India |
| Cache Technologies Private Limited | ₹36.62 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Pune, Maharashtra, India |
| Sparrow Softech Private Limited | ₹36.48 Cr (FY 2024) | •••• | •••• | 49.0% | •••• | Ranchi, Jharkhand, India |
| Rolta Private Limited | ₹36.43 Cr (FY 2022) | •••• | •••• | -39.0% | •••• | Mumbai, Maharashtra, India |
| Speedwell IT Solutions Private Limited this company | ₹36.38 Cr (FY 2023) | •••• | •••• | -3.0% | •••• | Noida, Uttar Pradesh, India |
| Micro Network (India) Private Limited | ₹36.33 Cr (FY 2025) | •••• | •••• | 70.0% | •••• | Delhi, India |
| SRM Axis Intellects (India) Private Limited | ₹36.31 Cr (FY 2024) | •••• | •••• | 22.0% | •••• | Chennai, Tamil Nadu, India |
| Snapcheck Workforce Management Private Limited | ₹36.04 Cr (FY 2025) | •••• | •••• | 994.0% | •••• | Noida, Uttar Pradesh, India |
| TPF Software India Private Limited | ₹35.95 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Chennai, Tamil Nadu, India |
| C-Dot Systems Private Limited | ₹35.68 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Speedwell IT Solutions by revenue in the Information Technology industry (IT Consulting and Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Speedwell IT Solutions Private Limited
Speedwell IT Solutions Private Limited is audited by A Paul & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A Paul & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Speedwell IT Solutions Private Limited
Speedwell IT Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ragini Soni | Director | 15 Jul 2023 | 3 Years 2 Months | Current |
| Manoj Kumar Soni | Director | 15 Jul 2023 | 3 Years 2 Months | Current |
Ownership and Shareholding of Speedwell IT Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Speedwell IT Solutions Private Limited
Speedwell IT Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Speedwell IT Solutions Private Limited
Speedwell IT Solutions operates two associated brands: Speedwell IT Solutions and SpeedWell IT Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides IT services, app development, and digital marketing to global businesses. | speedwellitsolutions.com | |
| IT services encompassing app development and digital marketing are offered by Speedwell IT Solutions in India. | switspl.com |
Employees and EPFO Compliance at Speedwell IT Solutions Private Limited
Employment history and EPFO contributions of people linked to Speedwell IT Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Speedwell IT Solutions Private Limited
Speedwell IT Solutions has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Shreehans Arts And Creations Private Limited | U74140UP2020PTC128371 | Locked |
Showing major subsidiaries. Total: 1.
CIN History of Speedwell IT Solutions Private Limited
Speedwell IT Solutions has one previous CIN (Corporate Identification Number): U74999UP2019PTC123257. The current CIN is U74110UP2019PTC123257, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110UP2019PTC123257 | Current |
| U74999UP2019PTC123257 | Previous |
Recent Activity on Speedwell IT Solutions Private Limited
Speedwell IT Solutions Private Limited has 4 board changes on record since 2021: 2 appointments and 2 cessations. The latest: Preeti Gupta ceased to be Director on 19 Jul 2023.
Credit Ratings, Litigation & Regulatory Alerts for Speedwell IT Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Speedwell IT Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Speedwell IT Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Speedwell IT Solutions Private Limited
Speedwell IT Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09ABCCS9004J1Z5 | Uttar Pradesh | Active | 28 Nov 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Speedwell IT Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Speedwell IT Solutions Private Limited
Speedwell IT Solutions is an active private limited company based in Noida, Uttar Pradesh, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 13 November 2019 (7+ years old) and is registered under CIN U74110UP2019PTC123257.
Speedwell IT Solutions reported revenue of ₹36.38 Cr for FY 2023 (down 3% YoY).
Speedwell IT Solutions has 2 current directors:
- Ragini Soni - Director
- Manoj Kumar Soni - Director
Speedwell IT Solutions reported a net profit of ₹6.12 Cr (net margin 16.8%) and EBITDA of ₹7.74 Cr (EBITDA margin 21.3%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Speedwell IT Solutions is 39% over three years. In the latest year (FY 2023) revenue fell 3%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Speedwell IT Solutions is 09ABCCS9004J1Z5, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Speedwell IT Solutions is U74110UP2019PTC123257. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Speedwell IT Solutions was incorporated on 13 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Speedwell IT Solutions by revenue are MRCC IT Solutions Private Limited, Knovos India Private Limited, Cache Technologies Private Limited, Sparrow Softech Private Limited, Rolta Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Preeti Gupta ceased to be Director on 19 Jul 2023. Manoj Kumar Soni was appointed as Director on 15 Jul 2023. Ragini Soni was appointed as Director on 15 Jul 2023. Speedwell IT Solutions has 4 board changes on record in total.
Yes, Speedwell IT Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).