Pace Business Machines Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
as on 29-12-2024
- Paid Up Capital ₹ 2.05 M
as on 29-12-2024
- Company Age 30 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 31.69 Cr
as on 29-12-2024
- Satisfied Charges ₹ 43.24 Cr
as on 29-12-2024
- Revenue 41.56%
(FY 2023)
- Profit -47.22%
(FY 2023)
- Ebitda -77.55%
(FY 2023)
- Net Worth 2.26%
(FY 2023)
- Total Assets 24.56%
(FY 2023)
About Pace Business Machines
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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 2.05 M.
The company currently has active open charges totaling ₹31.69 Cr. The company has closed loans amounting to ₹43.24 Cr, as per Ministry of Corporate Affairs (MCA) records.
Nitin Agarwal and Vivek Shoor serve as directors at the Company.
- CIN/LLPIN
U99999MH1994PTC083314
- Company No.
083314
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
29 Nov 1994
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Thane, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Pace Business Machines Private Limited offer?
Pace Business Machines Private Limited offers a wide range of products and services, including Corporate and Soft Skills Training, Corporate Training, Business Consultant, Management Service, Laptops, Samsung Laptops, Computer Repair & Maintenance Services, Computer AMC Services, Auditing Services.
Who are the key members and board of directors at Pace Business Machines?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nitin Agarwal  | Director | 29-Nov-1994 | Current |
| Vivek Shoor | Director | 29-Nov-1994 | Current |
Financial Performance of Pace Business Machines.
Pace Business Machines Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 41.56% increase. The company also saw a substantial fall in profitability, with a 47.22% decrease in profit. The company's net worth moved up by a moderate rise of 2.26%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Pace Business Machines?
In 2023, Pace Business Machines had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 12 Jan 2022 | ₹0.50 M | Open |
Yes Bank Limited Creation Date: 01 Feb 2018 | ₹31.64 Cr | Open |
Hdfc Bank Limited Creation Date: 06 Jan 2017 | ₹3.10 Cr | Satisfied |
How Many Employees Work at Pace Business Machines?
Pace Business Machines has a workforce of 118 employees as of Mar 29, 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 Business Machines, 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 Business Machines'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.
