S.P.E.E.D. Consulting Private Limited
About S.P.E.E.D. Consulting Private Limited
Data last updated:
S.P.E.E.D. Consulting Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 14 August 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1996PTC020974. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Praveenkumar Ramakrishnan and Sunil Ramdas.
Its last annual general meeting (AGM) was held on 20 June 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 617 6th Main E Block Aeces Layout Kundalahalli, Bangalore, Karnataka, India – 560037.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.23 Lakh. For the same year it recorded a net profit of ₹1.06 Lakh (net margin 86.8%) and EBITDA of ₹1.23 Lakh (EBITDA margin 100%). Revenue has declined at a compounded annual rate (CAGR) of 48% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.67 Lakh on record. Court records list 3 cases involving the company, including 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
S.P.E.E.D. Consulting Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address617 6th Main E Block Aeces Layout Kundalahalli, Bangalore, Karnataka, India – 560037
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of S.P.E.E.D. Consulting Private 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
Business activity
The main business activity of S.P.E.E.D. Consulting is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of S.P.E.E.D. Consulting Private Limited, buy the company report.
Financials of S.P.E.E.D. Consulting Private Limited
FY 2023 filings availableS.P.E.E.D. Consulting Private Limited reported revenue of ₹1.23 Lakh for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 48% over five years. EBITDA rose 101% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹1.23 Lakh | ||||
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| Net Profit (PAT) | ₹1.06 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 100% | ||||
| Net Profit Margin | 86.8% | ||||
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To see the full financial statements and ratios of S.P.E.E.D. Consulting Private Limited, buy the company report.
Board of directors of S.P.E.E.D. Consulting Private Limited
S.P.E.E.D. Consulting has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Praveenkumar Ramakrishnan | Director | 16 Nov 2016 | 9 Years 11 Months | Current |
| Sunil Ramdas Also directs: Af Supply Chain Solutions Private Limited | Director | 14 Aug 1996 | 30 Years 2 Months | Current |
Auditor
S.P.E.E.D. Consulting Private Limited is audited by BABY PAUL & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BABY PAUL & ASSOCIATES | FY 2018 | 015199S |
Shareholding
The shareholding of S.P.E.E.D. Consulting Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of S.P.E.E.D. Consulting Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Sep 2000 | 90197813 | Vijaya Bank | ₹1.67 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
S.P.E.E.D. Consulting Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by M/S CRV Consultants Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by CRV Consultnts P Ltd | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by CRV Consultnts P Ltd | Disposed |
To see the full case history of S.P.E.E.D. Consulting Private 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for S.P.E.E.D. Consulting Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
S.P.E.E.D. Consulting Private Limited has a workforce of 12 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
S.P.E.E.D. Consulting has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of S.P.E.E.D. Consulting Private Limited, buy the company report.
Recent activity
S.P.E.E.D. Consulting Private Limited has 7 board changes on record since 1996: 2 appointments and 5 cessations. The latest: Praveenkumar Ramakrishnan ceased to be Additional Director on 30 Aug 2018.
Frequently asked questions
S.P.E.E.D. Consulting is an active private limited company based in Bangalore, Karnataka, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 14 August 1996 (30+ years old) and is registered under CIN U85110KA1996PTC020974.
S.P.E.E.D. Consulting has 2 current directors:
- Praveenkumar Ramakrishnan - Director
- Sunil Ramdas - Director
The latest financial statements of S.P.E.E.D. Consulting on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 20 June 2023. Year-wise statements from 2015 are in the company report.
No. S.P.E.E.D. Consulting has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of S.P.E.E.D. Consulting is U85110KA1996PTC020974. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
S.P.E.E.D. Consulting has 3 court cases on record: 3 filed against it. Most are in the district courts.
S.P.E.E.D. Consulting was incorporated on 14 August 1996, making it 30+ years old. It is registered with the Registrar of Companies, Bangalore.
Praveenkumar Ramakrishnan ceased to be Additional Director on 30 Aug 2018. Praveenkumar Ramakrishnan was appointed as Director on 16 Nov 2016. Jhansi Rani Kotha ceased to be Additional Director on 07 Nov 2016. S.P.E.E.D. Consulting has 7 board changes on record in total.
The registered office of S.P.E.E.D. Consulting is at 617 6th Main E Block Aeces Layout Kundalahalli, Bangalore, Karnataka, India – 560037.
S.P.E.E.D. Consulting operates in the business outsourcing industry, in the HR outsourcing and talent management segment.