- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0023016

About Speedex Transcarriers Private Limited
Data last updated:
Speedex Transcarriers Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the carriers services segment of the transport and logistics sector. It was incorporated on 24 August 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U63090KA2010PTC054931. Its GSTIN is 29AAOCS6685G1ZJ (Karnataka). The company holds 13 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.13 Cr. It is led by directors Hemavathi and Hittalapura Shivalingaiah Suresh.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No.113/2 Shed No.6 Doddabele Road Near K.S.R.T.C. Depot Kengeri, Bangalore, Karnataka, India – 560060.
As per the financials filed for FY 2023, the company reported a revenue of ₹88.11 Cr, a growth of 78% compared to the previous year. For the same year it recorded a net profit of ₹32.8 Lakh (net margin 0.4%) and EBITDA of ₹8.38 Cr (EBITDA margin 9.5%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 18% over five years.
The company has about 66 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹17.49 Cr on record. Court records list 55 cases involving the company, including 3 filed by the company and 52 filed against it; 14 cases are pending.
Speedex Transcarriers Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0023016). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website speedextrans.com.
Company details
Recognitions & Rankings of Speedex Transcarriers
Contact details
Speedex Transcarriers Private Limited's registered office is in Bangalore, Karnataka. Its website is speedextrans.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.113/2 Shed No.6 Doddabele Road Near K.S.R.T.C. Depot Kengeri, Bangalore, Karnataka, India – 560060
- IndustryTransport and Logistics, Carriers Services
To see the full contact details of Speedex Transcarriers 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 Speedex Transcarriers is transport and storage. In detail, this covers postal & courier activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H7 | Postal & Courier activities |
To see the full business activity and turnover split of Speedex Transcarriers Private Limited, buy the company report.
Financials of Speedex Transcarriers Private Limited
FY 2023 filings availableSpeedex Transcarriers Private Limited reported revenue of ₹88.11 Cr (up 78% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 78% growth in the latest year. EBITDA rose 12% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹88.11 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹8.38 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹32.8 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.5% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Speedex Transcarriers Private Limited, buy the company report.
Board of directors of Speedex Transcarriers Private Limited
Speedex Transcarriers has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemavathi Also directs: Speed Trans Cargo Private Limited | Director | 24 Aug 2010 | 16 Years 2 Months | Current |
| Hittalapura Shivalingaiah Suresh Also directs: Speed Trans Cargo Private Limited | Director | 24 Aug 2010 | 16 Years 2 Months | Current |
Auditor
Speedex Transcarriers Private Limited is audited by CRS & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CRS & Associates | FY 2023 | 009676S |
Shareholding
The shareholding of Speedex Transcarriers 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 Speedex Transcarriers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jun 2024 | 100938911 | Hdb Financial Services Limited | ₹88.43 Lakh | Open | |
| 29 Aug 2023 | 100778066 | Others | ₹18.21 Lakh | Open | |
| 30 Jun 2023 | 100750921 | Others | ₹41.4 Lakh | Open | |
| 17 Feb 2023 | 100717178 | Others | ₹1.01 Cr | Open | |
| 27 Jan 2023 | 100716702 | Hdfc Bank Limited | ₹2.41 Cr | Open |
Total charge records: 19 View all charges
Legal cases
Speedex Transcarriers Private Limited has 55 court cases on record: 3 filed by Speedex Transcarriers, 52 filed against it. 14 cases are pending and 41 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 51 | 50 | 13 |
| High courts | 4 | 2 | 1 |
Cases on record (5 of 55)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal miscellaneous application | Filed against the company by Hinduja Leyland Finance Ltd | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by TVS Credit Services Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by TVS Credit Services Limited | Disposed |
| District court, Jaipur Metro I, Rajasthan | Court case (Complaint) | Filed against the company by Shri Ram City Union Finance Ltd. | Disposed |
| District court, Ganjam, Odisha | Court case (2(c)cc) | Filed against the company by State | Pending |
To see the full case history of Speedex Transcarriers 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 Speedex Transcarriers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Speedex Transcarriers Private Limited has a workforce of 66 employees on its EPFO records as of Mar 25, 2024, across 1 active EPFO establishment.
GST
Speedex Transcarriers has 13 GST registrations: 13 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAOCS6685G1ZJ | Karnataka | Active | 01 Jul 2017 |
| 24AAOCS6685G1ZT | Gujarat | Active | 01 Jul 2017 |
| 27AAOCS6685G1ZN | Maharashtra | Active | 01 Jul 2017 |
| 32AAOCS6685G1ZW | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Speedex Transcarriers Private Limited, buy the company report.
Recent activity
Speedex Transcarriers Private Limited has 4 board changes on record since 2010: 2 appointments and 2 cessations. The latest: Supriya Hittalapura Suresha ceased to be Director on 16 Aug 2018.
14 earlier events are in the company report.
Frequently asked questions
Speedex Transcarriers is an active private limited company based in Bangalore, Karnataka, India. The company works in carriers services, within the transport and logistics industry. It was incorporated on 24 August 2010 (16+ years old) and is registered under CIN U63090KA2010PTC054931.
Speedex Transcarriers has 2 current directors:
- Hemavathi - Director
- Hittalapura Shivalingaiah Suresh - Director
The latest financial statements of Speedex Transcarriers on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Speedex Transcarriers is 29AAOCS6685G1ZJ, registered in Karnataka. The company has 13 GST registrations in all, of which 13 are active. Other active GSTINs include 24AAOCS6685G1ZT (Gujarat), 27AAOCS6685G1ZN (Maharashtra), 32AAOCS6685G1ZW (Kerala).
The CIN (Corporate Identification Number) of Speedex Transcarriers is U63090KA2010PTC054931. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Speedex Transcarriers has 55 court cases on record: 3 filed by the company and 52 filed against it. 14 are pending. Most are in the district courts.
Speedex Transcarriers was incorporated on 24 August 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Supriya Hittalapura Suresha ceased to be Director on 16 Aug 2018. Hitalpura Shivalingaiah Ningaiah ceased to be Director on 10 Feb 2012. Hemavathi was appointed as Director on 24 Aug 2010. Speedex Transcarriers has 4 board changes on record in total.
Yes, Speedex Transcarriers is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0023016).
Speedex Transcarriers can be reached through the website speedextrans.com. Its registered office is in Bangalore, Karnataka, India.

