Speed-A-Way Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.00 Cr
- Company Age 86 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 30.00 Cr
- Revenue Growth 22.99%
- Profit Growth 20.00%
- Ebitda 30.60%
- Net Worth 8.92%
- Total Assets 12.68%
About Speed-A-Way
Speed-A-Way Private Limited (SPL) was founded in India on 22 August 1938 and has a glorious history of 86 years and seven months. Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Speed-A-Way Limited. The Company is engaged in the Automotive Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 2.00 Cr.
The company currently has active open charges totaling ₹30.00 Cr.
Srinivasan Ramachandran, Gautam Venkataramani, Krishnan Balasubramaniyam, and One other member serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U51909TN1938PTC002347
- Company No.
002347
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Aug 1938
- Date of AGM
20 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Automotive
What products or services does Speed-A-Way Private Limited offer?
Speed-A-Way Private Limited offers a wide range of products and services, including Pumps, Pumping Machines & Spares, Piston Pumps, Hand Pumps, Computer Processor, Intel CPU Processor, Fuel Pump.
Speed-A-Way Private Limited
Explore comprehensive data for Speed-A-Way Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Speed-A-Way?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Srinivasan Ramachandran  | Director | 12-May-2003 | Current |
| Gautam Venkataramani | Director | 15-May-2013 | Current |
| Krishnan Balasubramaniyam | Whole-Time Director | 19-Jul-2018 | Current |
| Rangarajan Sarath | Director | 28-Jul-2015 | Current |
Financial Performance of Speed-A-Way.
Speed-A-Way Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.99% increase. The company also saw a substantial improvement in profitability, with a 20% increase in profit. The company's net worth moved up by a moderate rise of 8.92%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Speed-A-Way?
In 2023, Speed-A-Way had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
The Madras Advertising Company Private LimitedSrinivasan Ramachandran is a mutual person
Sri Rama Vilas Service LimitedKrishnan Balasubramaniyam is a mutual person
Stanes Motors South India LimitedKrishnan Balasubramaniyam is a mutual person
India Pistons LimitedGautam Venkataramani is a mutual person
Ipl Shaw Solutions Private LimitedGautam Venkataramani is a mutual person
- Adyar Property Holding Company Private Limited
Gautam Venkataramani is a mutual person
Charges (Loans)
Open Charges
₹30.00 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 30.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 May 1977 | Others | ₹30.00 Cr | Open |
How Many Employees Work at Speed-A-Way?
Speed-A-Way has a workforce of 364 employees as of Apr 05, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Speed-A-Way, 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-A-Way's trajectory.
Rating
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
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-A-Way
Recent activity within the organization
- Annual General Meeting
Speed-A-Way Private Limited last Annual general meeting of members was held on 20 Aug 2024 as per latest MCA records.
- Charges
A charge with Others of Rs. 30.00 Cr registered on 30 May 1977 with Charge ID 80036266 was modified on 19 Jun 2024.
- Balance Sheet
Speed-A-Way Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Director Appointment
Krishnan Balasubramaniyam was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 19 Jul 2018 & has been associated with this company since 6 years 9 months .
- Director Appointment
Rangarajan Sarath was appointed as a Director was appointed as a Director on 28 Jul 2015 & has been associated with this company since 9 years 8 months .
- Director Appointment
Gautam Venkataramani was appointed as a Director was appointed as a Director on 15 May 2013 & has been associated with this company since 11 years 11 months .
Frequently asked questions
What is the Incorporation or founding date of Speed-A-Way Private Limited?
Speed-A-Way Private Limited was incorporated on 22 Aug 1938.
What is authorized share capital and paid-up capital of Speed-A-Way Private Limited?
The authorized share capital of Speed-A-Way Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.00 Cr.
Who are the current board members & directors of Speed-A-Way Private Limited?
Currently 4 directors are associated with Speed-A-Way Private Limited.
- Srinivasan Ramachandran
- Gautam Venkataramani
- Krishnan Balasubramaniyam
- Rangarajan Sarath
What is the registered address of Speed-A-Way Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Speed-A-Way Private Limited is New No.207, Anna Salai India, Chennai, Tamil Nadu, 600002.
What is the corporate identification number (CIN) and company number of Speed-A-Way Private Limited?
The corporate identification number (CIN) of Speed-A-Way Private Limited is U51909TN1938PTC002347 and the company number is 002347 as per Ministry of Corporate Affairs (MCA).
What is the official website of Speed-A-Way Private Limited?
The Official website of Speed-A-Way Private Limited is https://www.speedawayprivatelimited.com
What has been the recent revenue trend for Speed-A-Way Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Speed-A-Way Private Limited has risen by 22.99%.
How many employees does Speed-A-Way Private Limited currently have?
As Per 2023 financial reports, 364 employees are currently employed by Speed-A-Way Private Limited.
What change has been observed in the net worth of Speed-A-Way Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Speed-A-Way Private Limited has experienced an upsurge of 8.92%.
What are the total open charges for Speed-A-Way Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Speed-A-Way Private Limited amount to ₹ 30.00 Cr.
When was the last Balance Sheet of Speed-A-Way Private Limited filed with the ROC?
The most recent Balance Sheet for Speed-A-Way Private Limited was filed with the ROC on 31 Mar 2024.
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