Pace E-Commerce Ventures Limited

E-commerce company trading sports goods, established in 2015, based in Pune.

2015 | Pune, Maharashtra (India) | Active
Last Updated:

Pace E-Commerce Ventures Profile

Key Indicators

  • Authorised Capital ₹ 24.00 Cr
  • Paid Up Capital ₹ 22.53 Cr
  • Company Age 9 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.94 Cr
  • Satisfied Charges ₹ 8.00 M
  • Revenue Growth 169.44%
  • Profit Growth 15.04%
  • Ebitda 42.19%
  • Net Worth 166.19%
  • Total Assets 131.41%

About Pace E-Commerce Ventures

Pace E-Commerce Ventures Limited (PEVL) is a registered startup operating as a Public Limited Indian Non-Government Company incorporated in India on 05 August 2015 (Nine years and nine months 9 days old ). Its registered office is in Pune, Maharashtra, India.

The Corporate was formerly known as Pace E-Commerce Ventures Private Limited. The Company is engaged in the Consumer Goods 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 24.00 Cr and a paid-up capital of Rs 22.53 Cr.

The company currently has active open charges totaling ₹5.94 Cr. The company has closed loans amounting to ₹8.00 M, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Pace E-Commerce Ventures Limited India is Shaival Gandhi as CFO. Mihirkumar Sojitra, Harshal Gala, Hiral Vaghasiya, and One other member serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51909PN2015PLC156068

  • Company No.

    156068

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 Aug 2015

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Consumer Goods
Company report

Pace E-Commerce Ventures Limited

Explore comprehensive data for Pace E-Commerce Ventures Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Pace E-Commerce Ventures?

Executive Team (1)

NameDesignationAppointment DateStatus
Shaival Gandhi CFO30-Nov-2021Current

Board Members (3)

NameDesignationAppointment DateStatus
Mihirkumar Sojitra Country flag representing In Director 19-Aug-2022Current
Harshal Gala Country flag representing In Director 25-Jun-2022Current
Hiral Vaghasiya Country flag representing In Director 25-Jun-2022Current

Financial Performance of Pace E-Commerce Ventures.

Pace E-Commerce Ventures Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 169.44% increase. The company also saw a substantial improvement in profitability, with a 15.04% increase in profit. The company's net worth Soared by an impressive increase of 166.19%.

Pace E-Commerce Ventures revenue growth over time
Pace E-Commerce Ventures 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
169.44%
Revenue from Operations
170.31%
Total Assets
131.41%
Profit or Loss
15.04%
Net Worth
166.19%
EBITDA
42.19%

What is the Ownership and Shareholding Structure of Pace E-Commerce Ventures?

In 2023, Pace E-Commerce Ventures had a promoter holding of 65.00% and a public holding of 35.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.94 Cr

Satisfied Charges

₹0.80 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 5.25 Cr
  • Others : 0.69 Cr

Latest Charge Details

DateLenderAmountStatus
04 Sep 2024State Bank Of India₹5.25 CrOpen
21 Sep 2023Others₹3.46 MOpen
31 Aug 2023Others₹3.41 MOpen
12 Jul 2022Hdfc Bank Limited₹8.00 MSatisfied

How Many Employees Work at Pace E-Commerce Ventures?

Pace E-Commerce Ventures has a workforce of 6 employees as of Apr 06, 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.

Employee growth trends for Pace E-Commerce Ventures Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Pace E-Commerce Ventures, 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 E-Commerce Ventures'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 E-Commerce Ventures

Recent activity within the organization

  • Annual General Meeting

    Pace E-Commerce Ventures Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 12 Jul 2022 via Charge ID 100597613 with Hdfc Bank Limited was fully satisfied on 13 Sep 2024.

  • Charges

    A charge with State Bank Of India amounted to Rs. 5.25 Cr with Charge ID 100978392 was registered on 04 Sep 2024.

  • Balance Sheet

    Pace E-Commerce Ventures Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

  • Charges

    A charge with Others amounted to Rs. 0.35 Cr with Charge ID 100788626 was registered on 21 Sep 2023.

  • Charges

    A charge with Others amounted to Rs. 0.34 Cr with Charge ID 100776150 was registered on 31 Aug 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Pace E-Commerce Ventures Limited?

    Pace E-Commerce Ventures Limited was incorporated on 05 Aug 2015.

  • What is authorized share capital and paid-up capital of Pace E-Commerce Ventures Limited?

    The authorized share capital of Pace E-Commerce Ventures Limited is ₹ 24.00 Cr and paid-up capital is ₹ 22.53 Cr.

  • Who are the current board members & directors of Pace E-Commerce Ventures Limited?

    Currently 5 directors are associated with Pace E-Commerce Ventures Limited.

    • Shaival Dharmendra Gandhi
    • Mihirkumar Atulbhai Sojitra
    • Harshal Chandrakant Gala
    • Hiral Rasikbhai Vaghasiya
    • Shaival Dharmendra Gandhi
  • What is the registered address of Pace E-Commerce Ventures Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Pace E-Commerce Ventures Limited is Anugrah Bunglow Street4 Pallod Farms Ii Shambhu Vihar Society Nankude Vasti Au Ndh, India, Pune, Maharashtra, 411045.

  • What is the corporate identification number (CIN) and company number of Pace E-Commerce Ventures Limited?

    The corporate identification number (CIN) of Pace E-Commerce Ventures Limited is U51909PN2015PLC156068 and the company number is 156068 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Pace E-Commerce Ventures Limited?

    The Official website of Pace E-Commerce Ventures Limited is https://www.cotandcandy.com

  • What has been the recent revenue trend for Pace E-Commerce Ventures Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Pace E-Commerce Ventures Limited has risen by 169.44%.

  • How many employees does Pace E-Commerce Ventures Limited currently have?

    As Per 2023 financial reports, 6 employees are currently employed by Pace E-Commerce Ventures Limited.

  • What change has been observed in the net worth of Pace E-Commerce Ventures Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Pace E-Commerce Ventures Limited has experienced an upsurge of 166.19%.

  • What are the total open charges for Pace E-Commerce Ventures Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Pace E-Commerce Ventures Limited amount to ₹ 5.94 Cr.

  • When was the last Balance Sheet of Pace E-Commerce Ventures Limited filed with the ROC?

    The most recent Balance Sheet for Pace E-Commerce Ventures Limited was filed with the ROC on 31 Mar 2024.

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