Pace Electricals Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 2.00 Cr
- Company Age 19 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 27.00 Cr
- Revenue Growth -4.20%
- Profit Growth -81.75%
- Ebitda -33.76%
- Net Worth 4.68%
- Total Assets 26.83%
About Pace Electricals
Pace Electricals Private Limited (PEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 September 2005 and has a history of 19 years and four months. Its registered office is in Bangalore, Karnataka, India.
The Company is engaged in the Energy And Power 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 2.00 Cr and a paid-up capital of Rs 2.00 Cr.
The company currently has active open charges totaling ₹27.00 Cr.
Harish Malvalli, Anirudha Harisha, and Suma Harish serve as directors at the Company.
Company Details
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Location
Bangalore, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U31200KA2005PTC037152
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Company No.
037152
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
06 Sep 2005
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
What products or services does Pace Electricals Private Limited offer?
Pace Electricals Private Limited offers a wide range of products and services, including Turnkey Consultants & Solutions, Turnkey Solutions, Charity & Non Profit Organizations, Welfare Organization Services.
Who are the key members and board of directors at Pace Electricals?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Harish Malvalli
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Director | 06-Sep-2005 | Current |
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Anirudha Harisha
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Director | 30-Sep-2023 | Current |
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Suma Harish
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Director | 06-Sep-2005 | Current |
Financial Performance of Pace Electricals.
Pace Electricals Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.2% decrease. The company also saw a substantial fall in profitability, with a 81.75% decrease in profit. The company's net worth moved up by a moderate rise of 4.68%.
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What is the Ownership and Shareholding Structure of Pace Electricals?
In 2023, Pace Electricals had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Pace Switchgears Private LimitedHarish Malvalli and Suma Harish are mutual person
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Skysand LlpHarish Malvalli is a mutual person
Charges (Loans)
₹27.00 Cr
₹0
Charges Breakdown by Lending Institutions
- Canara Bank : 27.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Feb 2021 | Canara Bank | ₹5.00 M | Open |
| 04 Oct 2019 | Canara Bank | ₹1.08 M | Open |
| 01 Aug 2014 | Canara Bank | ₹1.50 M | Open |
| 09 Feb 2012 | Canara Bank | ₹1.80 Cr | Open |
| 10 Oct 2011 | Canara Bank | ₹2.00 M | Open |
How Many Employees Work at Pace Electricals?
Pace Electricals has a workforce of 150 employees as of Apr 04, 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 Electricals, 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 Electricals'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.