Speed Motors Private Limited Company Logo

Speed Motors Private Limited - Company Profile

It is a automotive private limited company based in Uttar Pradesh, Uttar Pradesh, India, established in 1947.

1947 | Uttar Pradesh, Uttar Pradesh, India | Active
Last Updated:

About Speed Motors Private Limited

Speed Motors Private Limited, a active private limited company, was established on 05 November 1947 in Uttar Pradesh, Uttar Pradesh, India. Engaging in auto dealership & trading within the trade sector, it holds CIN: U34102UP1947PTC001835. Registered under ROC Roc Kanpur. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹6.72 M.

Formerly known as Speed Motors Limited. It upholds a compliant status. Employing 46 professional, Its leadership includes Sandeep Narain (Director), Rajesh Narain (Director), Vidit Narain (Director). Past directors included Anita Narain, Rati Narain, Shanti Narain. It holds ₹58.28 Cr open charges and ₹14.82 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 3Shah Najaf Road Lucknow, Uttar Pradesh, Uttar Pradesh, 226001.

Company Details

  • CIN/LLPIN

    U34102UP1947PTC001835

  • Registration Number

    001835

  • Incorporation Date

    05 November 1947

  • Authorized Capital

    ₹2.00 Cr

  • Paid-Up Capital

    ₹6.72 M

  • ROC Code

    Roc Kanpur

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 6.72 M
  • Company Age 78 Year, 28 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 58.28 Cr
  • Satisfied Charges ₹ 14.82 Cr
  • Revenue Growth 63.24%
  • Profit Growth 68.98%
  • Ebitda -105.21%
  • Net Worth 73.52%
  • Total Assets 0.97%
Company report

Speed Motors Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Speed Motors Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Speed Motors Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Sandeep NarainDirector02 Sep 1985Current
Rajesh NarainDirector01 Jan 1993Current
Vidit NarainDirector23 May 2022Current
Divij NarainDirector23 Jan 2012Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector19 Jan 2012Past
Pramod AbcsddDirector23 May 2022Past
Pramod AbcsddDirector18 Apr 2012Past

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Financial Performance of Speed Motors.

Speed Motors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 63.24% increase. The company also saw a substantial improvement in profitability, with a 68.98% increase in profit. The company's net worth Soared by an impressive increase of 73.52%.

Speed Motors revenue growth over time
Speed Motors profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
63.24%
Revenue from Operations
61.97%
Total Assets
0.97%
Profit or Loss
68.98%
Net Worth
73.52%
EBITDA
-105.21%

What is the Ownership and Shareholding Structure of Speed Motors?

In 2023, Speed Motors had a promoter holding of 93.64% and a public holding of 6.36%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹582,800,000.00

Satisfied Charges

₹148,200,000.00

Charges Breakdown by Lending Institutions

  • Others : 46.28 Cr
  • Hdfc Bank Limited : 12.00 Cr

Latest Charge Details

DateLenderAmountStatus
19 Oct 2024Hdfc Bank Limited₹12.00 CrOpen
27 Mar 2019Others₹1.60 CrOpen
27 Mar 2019Others₹9.90 MOpen
05 Jan 2017Others₹2.00 CrOpen
29 Jul 2016Others₹3.45 CrOpen

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How Many Employees Work at Speed Motors?

Speed Motors has a workforce of 46 employees as of Mar 31, 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.

Employee growth trends for Speed Motors Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Speed Motors, 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 Speed Motors's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Speed Motors

Recent Activity within the Organization

  • Charges

    Progress on A charge with Hdfc Bank Limited of Rs. 12.00 Cr registered on 19 Oct 2024 with Charge ID 101027238 was modified on 17 Dec 2024. was documented.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 12.00 Cr with Charge ID 101027238 was registered on 19 Oct 2024. was documented.

  • Annual General Meeting

    The activity Speed Motors Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Charges

    Progress on A charge with Others of Rs. 25.74 Cr registered on 16 Oct 2012 with Charge ID 10390415 was modified on 28 May 2024. was documented.

  • Balance Sheet

    Progress on Speed Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur. was documented.

  • Charges

    Progress on A charge with Others of Rs. 12.50 Cr registered on 16 Oct 2012 with Charge ID 10390413 was modified on 29 Jul 2023. was documented.

Frequently Asked Questions

  • What is the CIN of Speed Motors Private Limited?

    The CIN of Speed Motors Private Limited is U34102UP1947PTC001835.

  • Where is Speed Motors Private Limited headquartered?

    Speed Motors Private Limited is headquartered at 3Shah Najaf Road Lucknow, Uttar Pradesh, Uttar Pradesh, 226001.

  • When was Speed Motors Private Limited incorporated?

    Speed Motors Private Limited was incorporated on 05 November 1947.

  • Who are the current directors of Speed Motors Private Limited?

    The current directors of Speed Motors Private Limited are

  • What is the primary industry of Speed Motors Private Limited?

    The primary industry of Speed Motors Private Limited is Trade.

  • Is Speed Motors Private Limited a listed company?

    Speed Motors Private Limited is unlisted.

  • What is the capital structure of Speed Motors Private Limited?

    The authorized capital of Speed Motors Private Limited is ₹2.00 Cr, and the paid-up capital is ₹6.72 M.

  • What is the compliance status of Speed Motors Private Limited?

    The compliance status of Speed Motors Private Limited is Compliant.

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