Speed Wings Logistics Solutions Private Limited
About Speed Wings Logistics Solutions Private Limited
Data last updated:
Speed Wings Logistics Solutions Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the carriers services segment of the transport and logistics sector. It was incorporated on 24 June 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U63090WB2006PTC110732. Its GSTIN is 06AALCS7824G1Z3 (Haryana).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Manju Sharma and Varun Sharma.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 1/B Nando Mullick Lane Ground Floor Jhunjhunwala House, Kolkata, West Bengal, India – 700006.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.67 Cr, a decline of 35% compared to the previous year. For the same year it recorded a net profit of ₹8.72 Lakh (net margin 0.8%) and EBITDA of ₹1.12 Cr (EBITDA margin 10.5%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹5.13 Cr on record. Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Speed Wings Logistics Solutions Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1/B Nando Mullick Lane Ground Floor Jhunjhunwala House, Kolkata, West Bengal, India – 700006
- IndustryTransport and Logistics, Carriers Services
To see the full contact details of Speed Wings Logistics Solutions 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 Speed Wings Logistics Solutions 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 Speed Wings Logistics Solutions Private Limited, buy the company report.
Financials of Speed Wings Logistics Solutions Private Limited
FY 2024 filings availableSpeed Wings Logistics Solutions Private Limited reported revenue of ₹10.67 Cr (down 35% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 35% fall in the latest year. EBITDA fell 41% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.12 Cr | ||||
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| Net Profit (PAT) | ₹8.72 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 10.5% | ||||
| Net Profit Margin | 0.8% | ||||
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To see the full financial statements and ratios of Speed Wings Logistics Solutions Private Limited, buy the company report.
Board of directors of Speed Wings Logistics Solutions Private Limited
Speed Wings Logistics Solutions has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manju Sharma | Director | 10 Jan 2025 | 1 Years 9 Months | Current |
| Varun Sharma | Director | 05 May 2009 | 17 Years 5 Months | Current |
| Ravi Kumar Sharma | Director | 24 Jul 2006 | 20 Years 3 Months | Current |
Peer comparison
Speed Wings Logistics Solutions Private Limited is compared with the 7 companies closest to it by revenue in the Transport and Logistics industry (Road Carriers and Trucking), 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 |
|---|---|---|---|---|---|---|
| Rajkamal Transport Pvt Ltd | ₹10.77 Cr (FY 2024) | 144041.0% | Secunderabad, Telangana, India | |||
| Sanghvi Logistics & Infrastructures Private Limited | ₹10.77 Cr (FY 2025) | -22.0% | Hyderabad, Telangana, India | |||
| Star and Knight Trade and Logistics Private Limited | ₹10.71 Cr (FY 2023) | 43.0% | Bilaspur, Chhattisgarh, India | |||
| Awatac Container Line Private Limited | ₹10.67 Cr (FY 2024) | -44.0% | Chennai, Tamil Nadu, India | |||
| Speed Wings Logistics Solutions Private Limitedthis company | ₹10.67 Cr (FY 2024) | ₹8.72 Lakh | 0.8% | -35.0% | Kolkata, West Bengal, India | |
| Yashwanth Logistics Private Limited | ₹10.65 Cr (FY 2025) | 21.0% | Kovilpatti, Tamil Nadu, India | |||
| B Commercial Private Limited | ₹10.62 Cr (FY 2016) | -50.0% | Bhubaneswar, Odisha, India | |||
| Rohit Cargo Movers Private Limited | ₹10.61 Cr (FY 2025) | -7.0% | Ludhiana, Punjab, India |
To see the full peer comparison of Speed Wings Logistics Solutions Private Limited, buy the company report.
Auditor
Speed Wings Logistics Solutions Private Limited is audited by RAJIV VARUN & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJIV VARUN & CO. | FY 2023 | 092594 |
Shareholding
The shareholding of Speed Wings Logistics Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Speed Wings Logistics Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 May 2024 | 100953823 | Hdfc Bank Limited | ₹6.03 Lakh | Open | |
| 29 Jun 2016 | 100093296 | Others | ₹3.09 Cr | Open | |
| 22 Feb 2013 | 10406676 | Others | ₹1.98 Cr | Open |
To see the full charge records of Speed Wings Logistics Solutions Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Speed Wings Logistics Solutions Private Limited has 6 court cases on record: 4 filed by Speed Wings Logistics Solutions, 2 filed against it. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 2 | 2 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Civil suit | Filed by the company against M/S TVS Logistics Services Ltd and 3 others | Pending |
| District court, Rewari, Haryana | Execution petition | Filed by the company against New India Assurance Co. Ltd. | Disposed |
| District court, South West, Delhi | Court case (CS DJ ADJ) | Filed by the company against M/S Sri Log Solutions P Ltd and Ors and 4 others | Disposed |
| District court, South West, Delhi | Appeal | Filed against the company by an individual | Pending |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against State of Haryana and Another | Disposed |
To see the full case history of Speed Wings Logistics Solutions 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 Speed Wings Logistics Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Speed Wings Logistics Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AALCS7824G1Z3 | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Speed Wings Logistics Solutions Private Limited, buy the company report.
Recent activity
Speed Wings Logistics Solutions Private Limited has 6 board changes on record since 2006: 3 appointments and 3 cessations. The latest: Varun Sharma ceased to be Director on 31 Mar 2025.
1 earlier event is in the company report.
Frequently asked questions
Speed Wings Logistics Solutions is an active private limited company based in Kolkata, West Bengal, India. The company works in carriers services, within the transport and logistics industry. It was incorporated on 24 June 2006 (20+ years old) and is registered under CIN U63090WB2006PTC110732.
Speed Wings Logistics Solutions has 3 current directors:
- Manju Sharma - Director
- Varun Sharma - Director
- Ravi Kumar Sharma - Director
The latest financial statements of Speed Wings Logistics Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Speed Wings Logistics Solutions is 06AALCS7824G1Z3, registered in Haryana.
The CIN (Corporate Identification Number) of Speed Wings Logistics Solutions is U63090WB2006PTC110732. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Speed Wings Logistics Solutions has 6 court cases on record: 4 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
Speed Wings Logistics Solutions was incorporated on 24 June 2006, making it 20+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Speed Wings Logistics Solutions by revenue are Rajkamal Transport Pvt Ltd, Sanghvi Logistics & Infrastructures Private Limited, Star and Knight Trade and Logistics Private Limited, Awatac Container Line Private Limited, Yashwanth Logistics Private Limited and 2 more, all in the Transport and Logistics industry (Road Carriers and Trucking), with the same principal business activity (land transport via road).
Varun Sharma ceased to be Director on 31 Mar 2025. Manju Sharma was appointed as Director on 10 Jan 2025. Manju Sharma ceased to be Director on 20 Nov 2019. Speed Wings Logistics Solutions has 6 board changes on record in total.
The registered office of Speed Wings Logistics Solutions is at 1B Nando Mullick Lane Ground Floor Jhunjhunwala House, Kolkata, West Bengal, India – 700006.
Speed Wings Logistics Solutions operates in the transport and logistics industry, in the carriers services segment.