About Chartered Speed Limited
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Chartered Speed Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the passenger transport segment of the transport and logistics sector. It was incorporated on 22 May 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U63030GJ2007PLC050923. Its GSTIN is 24AADCC0802E1ZH (Gujarat). The company holds 7 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹50.4 Cr and a paid-up capital of ₹35.9 Cr. It was formerly known as Chartered Speed Private Limited. It is led by directors including Pankaj Gandhi (Managing Director) and Sanyam Pankaj Kumar Gandhi (Whole-Time Director).
Its last annual general meeting (AGM) was held on 23 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sarkhej – Bavla Highway Sanathal Sarkhej, Ahmedabad, Gujarat, India – 382210.
As per the financials filed for FY 2025, the company reported a revenue of ₹684.44 Cr, a growth of 96% compared to the previous year. For the same year it recorded a net profit of ₹70.1 Cr (net margin 10.2%) and EBITDA of ₹228.48 Cr (EBITDA margin 33.4%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 15% over five years.
The company has about 2,476 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 2 brands: Chartered Bus and Chartered. As per MCA filings, the company has open charges of ₹815.36 Cr and satisfied charges of ₹212.6 Cr on record. Court records list 263 cases involving the company, including 10 filed by the company and 253 filed against it; 42 cases are pending. The company has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹3.92 Cr; the latest was in March 2018. Its 8 peer companies in the Transport and Logistics industry (Passenger Transport Services), with the same principal business activity (land transport via road) are compared by revenue, 3 larger and 5 smaller; the largest is Tamil Nadu State Transport Corporation Coimbatore Limited with revenue of ₹1,990.8 Cr. The company has 7 MSME Form 1 returns on record between 2019 and 2022, listing 437 overdue payments to 37 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website charteredspeed.com.
Company details
CIN history
Chartered Speed has one previous CIN (Corporate Identification Number): U63030GJ2007PTC050923. The current CIN is U63030GJ2007PLC050923, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U63030GJ2007PLC050923 | Current |
| U63030GJ2007PTC050923 | Previous |
Contact details
Chartered Speed Limited's registered office is in Ahmedabad, Gujarat. Its website is charteredspeed.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSarkhej – Bavla Highway Sanathal Sarkhej, Ahmedabad, Gujarat, India – 382210
- IndustryTransport and Logistics, Passenger Transport
To see the full contact details of Chartered Speed Limited, buy the company report.
- 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
Brands
Chartered Speed operates two associated brands: Chartered Bus and Chartered. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides online bus ticket bookings and intercity travel services in India. | charteredbus.in | |
| Passenger transportation services are operated through a fleet of buses. | charteredspeed.com |
Business activity
The main business activity of Chartered Speed is transport and storage. In detail, this covers land transport via road.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road |
To see the full business activity and turnover split of Chartered Speed Limited, buy the company report.
Financials of Chartered Speed Limited
FY 2025 filings availableChartered Speed Limited reported revenue of ₹684.44 Cr (up 96% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 96% growth in the latest year. EBITDA rose 344% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹228.48 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹70.1 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 33.4% | ||||
| Net Profit Margin | 10.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Chartered Speed Limited, buy the company report.
Board of directors of Chartered Speed Limited
Chartered Speed has 6 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dinesh Pandey | Additional Director | 29 Mar 2025 | 1 Years 7 Months | Current |
| Pankaj Gandhi Also directs: Little Miss Vanshine LLP, Chartered Marbles Private Limited, Chartered Greentech Private Limited and 5 more | Managing Director | 31 Jul 2008 | 18 Years 3 Months | Current |
| Sanyam Pankaj Kumar Gandhi Also directs: Onebus Mobility Private Limited, Cnem Transport Solutions Private Limited, CSL Mobility I Private Limited and 5 more | Whole-Time Director | 17 Mar 2018 | 8 Years 7 Months | Current |
| Alka Gandhi | Director | 15 Jun 2011 | 15 Years 4 Months | Current |
| Vaibhavi Kaushal Shah | Additional Director | 05 Nov 2024 | 2 Years 0 Months | Current |
| Nrupesh Chandravadan Shah | Director | 29 Apr 2025 | 1 Years 6 Months | Current |
Peer comparison
Chartered Speed Limited is compared with the 8 companies closest to it by revenue in the Transport and Logistics industry (Passenger Transport Services), with the same principal business activity (land transport via road), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tamil Nadu State Transport Corporation Coimbatore Limited | ₹1,990.8 Cr (FY 2025) | 6.0% | Coimbatore, Tamil Nadu, India | |||
| Tamilnadu State Transport Corporation Salem Limited | ₹1,557.16 Cr (FY 2025) | 3.0% | Tamil Nadu, India | |||
| Tamil Nadu State Transport Corporation (Tirunelveli) Limited | ₹1,312.83 Cr (FY 2025) | 8.0% | V M Chatram, Tamil Nadu, India | |||
| Chartered Speed Limitedthis company | ₹684.44 Cr (FY 2025) | ₹70.1 Cr | 10.2% | 96.0% | 2,476 | Ahmedabad, Gujarat, India |
| Orbit Resorts Limited | ₹674.14 Cr (FY 2024) | 4.0% | Chandigarh, India | |||
| Pune Mahanagar Parivahan Mahamandal Limited | ₹641.8 Cr (FY 2025) | -9.0% | Pune, Maharashtra, India | |||
| Vijayanand Travels Private Limited | ₹504.31 Cr (FY 2025) | 42.0% | Hubli, Karnataka, India | |||
| Antony Road Transport Solutions Private Limited | ₹481.04 Cr (FY 2025) | -2.0% | Navi Mumbai, Maharashtra, India | |||
| Punjab State Bus Stand Management Company Ltd | ₹441.86 Cr (FY 2015) | 7.0% | Chandigarh, India |
To see the full peer comparison of Chartered Speed Limited, buy the company report.
Auditor
Chartered Speed Limited is audited by MUKESH M. SHAH & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MUKESH M. SHAH & CO | FY 2023 | 106625W |
Shareholding
The shareholding of Chartered Speed Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Chartered Speed Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Nov 2025 | 101190121 | Others | ₹96.88 Lakh | Open | |
| 11 Nov 2025 | 101182996 | Others | ₹26.6 Lakh | Open | |
| 30 Sep 2025 | 101173123 | Others | ₹4.68 Cr | Open | |
| 16 Aug 2025 | 101150679 | Others | ₹68.9 Lakh | Open | |
| 11 Aug 2025 | 101148689 | The Catholic Syrian Bank Ltd | ₹1.28 Cr | Open |
To see the full charge records of Chartered Speed Limited, buy the company report.
Total charge records: 214 View all charges
Deals & funding
Chartered Speed Limited has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹3.92 Cr; the latest was in March 2018.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Rights issue | ₹2.51 Cr | Investors: an individual |
| Sep 2012 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Chartered Capital and Investment Limited , Dayajeet Nimay Bus Logistics Private Limited |
| Mar 2011 | Funding round | ₹3.02 Cr | Investors: 2 individuals |
| Sep 2009 | Secondary share transfer | Undisclosed | Buyer: Dayajeet Nimay Bus Logistics Private Limited , an individual Seller: Gold Star Finvest Private Limited, Mindvision Capital Limited , Bronze Infra -Tech Limited |
| Jan 2008 | Funding round | ₹90 Lakh | Investors: Gold Star Finvest Private Limited, Chartered Capital and Investment Limited , Mindvision Capital Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Chartered Speed Limited has 263 court cases on record: 10 filed by Chartered Speed, 253 filed against it. 42 cases are pending and 221 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 235 | 229 | 34 |
| High courts | 28 | 24 | 8 |
Cases on record (5 of 263)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Appeal | Filed against the company by The New India Assurance Co. Ltd. | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed by the company against Religare Finvest Limited | Pending |
| High Court of Madhya Pradesh | Court case (RP) | Filed by the company against M/S Dewas Bhopal Corridor Pvt. Ltd. | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed by the company against M/S Religare Finvest Limited and 1 other | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Religare Finvest Limited and 1 other | Disposed |
To see the full case history of Chartered Speed Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Chartered Speed Limited was last rated by Crisil on 31 Aug 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 31 Aug 2020 |
To see the full credit ratings and regulatory alerts of Chartered Speed Limited, buy the company report.
MSME payment delays
Chartered Speed Limited has 7 MSME Form 1 returns on record between 2019 and 2022, listing 437 overdue payments to 37 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 37)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| BP Lubricants Private Limited | |||
| Samarth Roll Care Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Chartered Speed Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Chartered Speed has 2 subsidiary companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Chartered Bike Private Limited | U60220GJ2016PTC086103 | |
| Chartered Bus Private Limited | U63090MP2007PTC019750 |
To see the full group structure of Chartered Speed Limited, buy the company report.
Employees & EPFO
Chartered Speed Limited has a workforce of 2,476 employees on its EPFO records as of Feb 20, 2025, across 4 active EPFO establishments.
GST
Chartered Speed has 7 GST registrations: 5 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCC0802E1ZH | Gujarat | Active | 01 Jul 2017 |
| 24AADCC0802E3ZF | Gujarat | Active | 03 Jun 2024 |
| 23AADCC0802E1ZJ | Madhya Pradesh | Active | 01 Jul 2017 |
| 20AADCC0802E1ZP | Jharkhand | Active | 16 Oct 2018 |
To see the full GST registrations and return filing status of Chartered Speed Limited, buy the company report.
Recent activity
Chartered Speed Limited has 19 board changes on record since 2008: 6 appointments and 13 cessations. The latest: Nrupesh Chandravadan Shah ceased to be Additional Director on 22 Aug 2025.
327 earlier events are in the company report.
News
Frequently asked questions
Chartered Speed is an active public limited company based in Ahmedabad, Gujarat, India. The company works in passenger transport, within the transport and logistics industry. It was incorporated on 22 May 2007 (19+ years old) and is registered under CIN U63030GJ2007PLC050923.
Chartered Speed has 6 current directors:
- Pankaj Gandhi - Managing Director
- Sanyam Pankaj Kumar Gandhi - Whole-Time Director
- Dinesh Pandey - Additional Director
- Alka Gandhi - Director
- Vaibhavi Kaushal Shah - Additional Director
- Nrupesh Chandravadan Shah - Director
The latest financial statements of Chartered Speed on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Chartered Speed is 24AADCC0802E1ZH, registered in Gujarat. The company has 7 GST registrations in all, of which 5 are active and 2 are cancelled or inactive. Other active GSTINs include 24AADCC0802E3ZF (Gujarat), 23AADCC0802E1ZJ (Madhya Pradesh), 20AADCC0802E1ZP (Jharkhand).
The CIN (Corporate Identification Number) of Chartered Speed is U63030GJ2007PLC050923. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chartered Speed has 263 court cases on record: 10 filed by the company and 253 filed against it. 42 are pending. Most are in the district courts.
Chartered Speed was incorporated on 22 May 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Chartered Speed has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹3.92 Cr; the latest was in March 2018.
The peers of Chartered Speed by revenue are Tamil Nadu State Transport Corporation Coimbatore Limited, Tamilnadu State Transport Corporation Salem Limited, Tamil Nadu State Transport Corporation (Tirunelveli) Limited, Orbit Resorts Limited, Pune Mahanagar Parivahan Mahamandal Limited and 3 more, all in the Transport and Logistics industry (Passenger Transport Services), with the same principal business activity (land transport via road).
Nrupesh Chandravadan Shah ceased to be Additional Director on 22 Aug 2025. Nrupesh Chandravadan Shah was appointed as Director on 29 Apr 2025. Dinesh Pandey was appointed as Additional Director on 29 Mar 2025. Chartered Speed has 19 board changes on record in total.
Chartered Speed has 7 MSME Form 1 returns on record between 2019 and 2022, listing 437 overdue payments to 37 micro and small suppliers. The latest return was filed on 03 Jun 2022.
Chartered Speed can be reached through the website charteredspeed.com. Its registered office is in Ahmedabad, Gujarat, India.
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