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Speed-Force Ventures Private Limited - automotive in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹3.31 Cr
▲ 153% YoY
Net loss · FY 2022
₹58.01 Lakh
Net margin -17.5%
EBITDA · FY 2022
-₹56.26 Lakh
EBITDA margin -17%
Authorised capital
₹1.5 Lakh
Registered with MCA
Paid-up capital
₹1.5 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Speed-Force Ventures Private Limited
Data last updated:
Speed-Force Ventures Private Limited is a private limited company based in Vadodara, Gujarat, India, recognised as a startup by DPIIT. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 04 February 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74997GJ2019PTC106417. Its GSTIN is 24ABBCS5401J1ZL (Gujarat).
The company has an authorised share capital of ₹1.5 Lakh and a paid-up capital of ₹1.5 Lakh. It is led by directors Deepenbhai Barai Ramniklal and Kapil Prafullbhai Bhindi.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 406/5 Signet Hub Akshar Chowk O.P.Road, Vadodara, Gujarat, India – 390012.
As per the financials filed for FY 2022, the company reported a revenue of ₹3.31 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹58.01 Lakh (net margin -17.5%) and EBITDA of -₹56.26 Lakh (EBITDA margin -17%).
The company is associated with 1 brand: SpeedForce. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 2 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in January 2023. Its 5 peer companies in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading) are compared by revenue, 2 larger and 3 smaller; the largest is Eshal India Corporations Private Limited with revenue of ₹3.31 Cr.
Speed-Force Ventures Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0044870). For more details, the company can be reached via its website speedforce.in.
Company details
CIN U74997GJ2019PTC106417
Registration Number 106417
Incorporation Date 04 February 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-GJ-24-0044870
Recognitions & Rankings of Speed-Force Ventures
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-24-0044870
Contact details
Speed-Force Ventures Private Limited's registered office is in Vadodara, Gujarat. Its website is speedforce.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address406/5 Signet Hub Akshar Chowk O.P.Road, Vadodara, Gujarat, India – 390012
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Speed-Force Ventures Private Limited, buy the company report.
Comprehensive company report
Speed-Force Ventures Private Limited - one report that includes everything
- 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
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Brands
Speed-Force Ventures operates one associated brand: SpeedForce. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Two-wheeler maintenance and repair services are provided. | speedforce.in |
Business activity
The main business activity of Speed-Force Ventures is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Speed-Force Ventures Private Limited, buy the company report.
Financials of Speed-Force Ventures Private Limited
FY 2022 filings availableSpeed-Force Ventures Private Limited reported revenue of ₹3.31 Cr (up 153% YoY) for FY 2022.
Revenue · FY 2022
₹3.31 Cr ▲ 153%
Net loss · FY 2022
₹58.01 Lakh margin -17.5%
EBITDA · FY 2022
-₹56.26 Lakh margin -17%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 153%
EBITDA CAGR growth
1 year
▲ 5%
3 years · compounded
▼ 586%
Revenue rose 153% in the latest year. EBITDA rose 5% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹3.31 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹56.26 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹58.01 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -17% | |||
| Net Profit Margin | -17.5% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Speed-Force Ventures Private Limited, buy the company report.
Board of directors of Speed-Force Ventures Private Limited
Speed-Force Ventures has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepenbhai Barai Ramniklal Also directs: Sampark Sales and Marketing LLP, Speed-Force EV Vehicles Private Limited, Sampark Spareswala Private Limited and 3 more | Director | 04 Feb 2019 | 7 Years 8 Months | Current |
| Kapil Prafullbhai Bhindi Also directs: Sampark Sales and Marketing LLP, Six Stars Foods & Beverages LLP, Speed-Force India Private Limited and 2 more | Director | 12 Dec 2019 | 6 Years 10 Months | Current |
Peer comparison
Speed-Force Ventures Private Limited is compared with the 5 companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Eshal India Corporations Private Limited | ₹3.31 Cr (FY 2024) | 12.0% | Patna, Bihar, India | |||
| Sri Ganesh Motor Services India Private Limited | ₹3.31 Cr (FY 2018) | -62.0% | Udupi, Karnataka, India | |||
| Speed-Force Ventures Private Limitedthis company | ₹3.31 Cr (FY 2022) | -₹58.01 Lakh | -17.5% | 153.0% | Vadodara, Gujarat, India | |
| Karr Krafts Holdings Private Limited | ₹3.3 Cr (FY 2024) | 314.0% | Hyderabad, Telangana, India | |||
| Pragati Autotech Private Limited | ₹3.3 Cr (FY 2024) | -70.0% | Jorhat, Assam, India | |||
| Adhiraj Forks Private Limited | ₹3.3 Cr (FY 2025) | 3.0% | Uttarakhand, India |
To see the full peer comparison of Speed-Force Ventures Private Limited, buy the company report.
Auditor
Speed-Force Ventures Private Limited is audited by CHINTAN POPAT & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHINTAN POPAT & ASSOCIATES | FY 2022 | 141817W |
Shareholding
The shareholding of Speed-Force Ventures Private Limited is on record for 2 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Speed-Force Ventures Private Limited, buy the company report.
Deals & funding
Speed-Force Ventures Private Limited has 1 deal on record (1 acquisition); the latest was in January 2023.
Total deals
1
Acquisition
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2023 | Acquisition | ₹81.72 Cr | Buyer: Sundaravijayam Automobile Services Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Speed-Force Ventures Private Limited has 2 court cases on record: 1 filed by Speed-Force Ventures, 1 filed against it. All cases are pending.
Total cases
2
Filed by the company
1
Filed against the company
1
Pending
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Civil suit | Filed by the company against an individual | Pending |
| District court, Jaipur Metro I, Rajasthan | Court case (Complaint) | Filed against the company by Neo Growth Credit PTV. Ltd | Pending |
To see the full case history of Speed-Force Ventures 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-Force Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Speed-Force Ventures has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24ABBCS5401J1ZL | Gujarat | Active | 09 Jul 2019 |
To see the full GST registrations and return filing status of Speed-Force Ventures Private Limited, buy the company report.
Recent activity
Speed-Force Ventures Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Ashok Mahipatray Shah ceased to be Director on 06 Jun 2025.
Ceased
Ashok Mahipatray Shah ceased to be Director.
AGM
Speed-Force Ventures Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Speed-Force Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ahmedabad.
Appointed
Kapil Prafullbhai Bhindi was appointed as Director.
Appointed
Deepenbhai Barai Ramniklal was appointed as Director.
Incorporation
04 Feb 2019
Speed-Force Ventures Private Limited was registered on 04 Feb 2019 with Roc Ahmedabad & aged 7 years 8 months as per MCA records.
News
Frequently asked questions
Speed-Force Ventures is an active private limited company based in Vadodara, Gujarat, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 04 February 2019 (7+ years old) and is registered under CIN U74997GJ2019PTC106417.
Speed-Force Ventures has 2 current directors:
- Deepenbhai Barai Ramniklal - Director
- Kapil Prafullbhai Bhindi - Director
The latest financial statements of Speed-Force Ventures on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Speed-Force Ventures is 24ABBCS5401J1ZL, registered in Gujarat.
The CIN (Corporate Identification Number) of Speed-Force Ventures is U74997GJ2019PTC106417. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Speed-Force Ventures has 2 court cases on record: 1 filed by the company and 1 filed against it. 2 are pending.
Speed-Force Ventures was incorporated on 04 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Speed-Force Ventures has 1 deal on record (1 acquisition); the latest was in January 2023.
The peers of Speed-Force Ventures by revenue are Eshal India Corporations Private Limited, Sri Ganesh Motor Services India Private Limited, Karr Krafts Holdings Private Limited, Pragati Autotech Private Limited, Adhiraj Forks Private Limited, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).
Ashok Mahipatray Shah ceased to be Director on 06 Jun 2025. Kapil Prafullbhai Bhindi was appointed as Director on 12 Dec 2019. Deepenbhai Barai Ramniklal was appointed as Director on 04 Feb 2019.
Yes, Speed-Force Ventures is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).