Pace Automation Profile
Key Indicators
- Authorised Capital ₹ 12.00 Cr
- Paid Up Capital ₹ 3.02 Cr
- Company Age 35 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth 64.47%
- Profit Growth 269.79%
- Ebitda 328.46%
- Net Worth 251.37%
- Total Assets 39.80%
About Pace Automation
Pace Automation Limited (PAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 September 1989 and has a history of 35 years and four months. Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Pace Elcot Automation Ltd. The Company is engaged in the Information Technology 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 12.00 Cr and a paid-up capital of Rs 3.02 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Pace Automation Limited India is Sweety Goyal as COMPANY SECRETARY. Venkateswaran Krishnaswamy, Sriperambadur Chandru, Malathy Gopalakrishnan, 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
L29141TN1989PLC018133
- Company No.
018133
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
29 Sep 1989
- Date of AGM
25 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Chennai
Industry
What products or services does Pace Automation Limited offer?
Pace Automation Limited offers a wide range of products and services, including IT, Networking & Automation Solution, IT Solutions, Retail Automation Solutions.
Who are the key members and board of directors at Pace Automation?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sriperambadur Chandru  | Managing Director | 18-Oct-2002 | Current |
| Sweety Goyal | Company Secretary | 29-Jun-2024 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Venkateswaran Krishnaswamy | Director | 06-Dec-2019 | Current |
| Malathy Gopalakrishnan | Director | 31-Aug-2006 | Current |
| Raghavan Suguna | Director | 14-Aug-2018 | Current |
Financial Performance of Pace Automation.
Pace Automation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 64.47% increase. The company also saw a substantial improvement in profitability, with a 269.79% increase in profit. The company's net worth Soared by an impressive increase of 251.37%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Pace Automation?
In 2023, Pace Automation had a promoter holding of 68.38% and a public holding of 31.62%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
_LIMITED.webp)
W.S. Industries (India) LimitedRaghavan Suguna is a mutual person
Twentyfirst Century Management Services LimitedRaghavan Suguna is a mutual person
Maruti Industrial Carbohydrades LimitedRaghavan Suguna is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Pace Automation?
Pace Automation has a workforce of 39 employees as of Apr 07, 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 Pace Automation, 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 Pace Automation'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.
