Pace Business Machines Private Limited

IT company providing infrastructure solutions, hardware and software procurement, and managed services.

1994 | Thane, Maharashtra (India) | Active
Last Updated:

Pace Business Machines Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 2.05 M
  • Company Age 30 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 41.69 Cr
  • Satisfied Charges ₹ 43.24 Cr
  • Revenue Growth -33.79%
  • Profit Growth 16.43%
  • Ebitda -3.89%
  • Net Worth 2.57%
  • Total Assets 4.00%

About Pace Business Machines

Pace Business Machines Private Limited (PBMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 November 1994 and has a history of 30 years and four months. Its registered office is in Thane, Maharashtra, India.

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 1.00 Cr and a paid-up capital of Rs 2.05 M.

The company currently has active open charges totaling ₹41.69 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.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U99999MH1994PTC083314

  • Company No.

    083314

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Nov 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Information Technology

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.

Company report

Pace Business Machines Private Limited

Explore comprehensive data for Pace Business Machines Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Pace Business Machines?

Board Members (2)

NameDesignationAppointment DateStatus
Nitin Agarwal Country flag representing In Director 29-Nov-1994Current
Vivek Shoor Country flag representing In Director 29-Nov-1994Current

Financial Performance of Pace Business Machines.

Pace Business Machines Private Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 33.79% decrease. The company also saw a substantial improvement in profitability, with a 16.43% increase in profit. The company's net worth moved up by a moderate rise of 2.57%.

Pace Business Machines revenue growth over time
Pace Business Machines profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-33.79%
Revenue from Operations
-33.83%
Total Assets
4.00%
Profit or Loss
16.43%
Net Worth
2.57%
EBITDA
-3.89%

What is the Ownership and Shareholding Structure of Pace Business Machines?

Unlock access to Pace Business Machines's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹41.69 Cr

Satisfied Charges

₹43.24 Cr

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 31.64 Cr
  • Others : 10.05 Cr

Latest Charge Details

DateLenderAmountStatus
04 Oct 2024Others₹10.00 CrOpen
12 Jan 2022Others₹0.50 MOpen
01 Feb 2018Yes Bank Limited₹31.64 CrOpen
06 Jan 2017Hdfc Bank Limited₹3.10 CrSatisfied
11 Feb 2013Hdfc Bank Limited₹16.00 CrSatisfied

How Many Employees Work at Pace Business Machines?

Pace Business Machines has a workforce of 92 employees as of Mar 19, 2025. 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.

Employee growth trends for Pace Business Machines Private Limited

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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 Pace Business Machines

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100994426 was registered on 04 Oct 2024.

  • Annual General Meeting

    Pace Business Machines Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Pace Business Machines Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Yes Bank Limited of Rs. 31.64 Cr registered on 01 Feb 2018 with Charge ID 100157271 was modified on 15 Mar 2022.

  • Charges

    A charge with Others amounted to Rs. 0.05 Cr with Charge ID 100528425 was registered on 12 Jan 2022.

  • Charges

    A charge registered on 06 Jan 2017 via Charge ID 100077000 with Hdfc Bank Limited was fully satisfied on 12 Jun 2018.

Frequently asked questions

  • What is the Incorporation or founding date of Pace Business Machines Private Limited?

    Pace Business Machines Private Limited was incorporated on 29 Nov 1994.

  • What is authorized share capital and paid-up capital of Pace Business Machines Private Limited?

    The authorized share capital of Pace Business Machines Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 2.05 M.

  • Who are the current board members & directors of Pace Business Machines Private Limited?

    Currently 2 directors are associated with Pace Business Machines Private Limited.

    • Nitin Purshottam Agarwal
    • Vivek Makarand Shoor
  • What is the registered address of Pace Business Machines Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Pace Business Machines Private Limited is G-11 Camps Corner Apt Ground Floor Near Shahad Rly.Station, Shahad-West India, Kalyan, Maharashtra, 421103.

  • What is the corporate identification number (CIN) and company number of Pace Business Machines Private Limited?

    The corporate identification number (CIN) of Pace Business Machines Private Limited is U99999MH1994PTC083314 and the company number is 083314 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Pace Business Machines Private Limited?

    The Official website of Pace Business Machines Private Limited is https://www.pbmpl.com

  • What has been the recent revenue trend for Pace Business Machines Private Limited?

    According to the financial reports for the fiscal year 2024, the revenue trend for Pace Business Machines Private Limited has fallen by -33.79%.

  • How many employees does Pace Business Machines Private Limited currently have?

    As Per 2024 financial reports, 92 employees are currently employed by Pace Business Machines Private Limited.

  • What change has been observed in the net worth of Pace Business Machines Private Limited, and by what percentage?

    The financial reports for the fiscal year 2024 indicates that The net worth of Pace Business Machines Private Limited has experienced an upsurge of 2.57%.

  • What are the total open charges for Pace Business Machines Private Limited?

    As per the financial statements for fiscal Year 2024, The total open charges for Pace Business Machines Private Limited amount to ₹ 41.69 Cr.

  • When was the last Balance Sheet of Pace Business Machines Private Limited filed with the ROC?

    The most recent Balance Sheet for Pace Business Machines Private Limited was filed with the ROC on 31 Mar 2024.

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