Pace Electricals Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 2.00 Cr
- Company Age 19 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 28.00 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 six months. Its registered office is in Bangaluru, 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 2024. 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 ₹28.00 Cr.
Harish Malvalli, Suma Harish, and Anirudha Harisha serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31200KA2005PTC037152
- Company No.
037152
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Sep 2005
- Date of AGM
21 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Energy and Power
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.
Pace Electricals Private Limited
Explore comprehensive data for Pace Electricals Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Pace Electricals?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Harish Malvalli  | Director | 06-Sep-2005 | Current |
| Suma Harish | Director | 06-Sep-2005 | Current |
| Anirudha Harisha | Director | 30-Sep-2023 | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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)
Pace Switchgears Private LimitedHarish Malvalli and Suma Harish are mutual person
Skysand LlpHarish Malvalli is a mutual person
Charges (Loans)
Open Charges
₹28.00 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Canara Bank : 28.00 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.
Latest Updates, News, and FAQs on Pace Electricals
Recent activity within the organization
- Charges
A charge with Canara Bank of Rs. 25.12 Cr registered on 14 Aug 2007 with Charge ID 10067996 was modified on 07 Nov 2024.
- Annual General Meeting
Pace Electricals Private Limited last Annual general meeting of members was held on 21 Sep 2024 as per latest MCA records.
- Balance Sheet
Pace Electricals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Director Appointment
Anirudha Malavalli Harisha was appointed as a Director was appointed as a Director on 30 Sep 2023 & has been associated with this company since 1 year 5 months .
- Charges
A charge with Canara Bank amounted to Rs. 0.50 Cr with Charge ID 100426572 was registered on 23 Feb 2021.
- Charges
A charge with Canara Bank amounted to Rs. 0.11 Cr with Charge ID 100300420 was registered on 04 Oct 2019.
Frequently asked questions
What is the Incorporation or founding date of Pace Electricals Private Limited?
Pace Electricals Private Limited was incorporated on 06 Sep 2005.
What is authorized share capital and paid-up capital of Pace Electricals Private Limited?
The authorized share capital of Pace Electricals Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.
Who are the current board members & directors of Pace Electricals Private Limited?
Currently 3 directors are associated with Pace Electricals Private Limited.
- Harish Jaganatharao Malvalli
- Suma Harish
- Anirudha Malavalli Harisha
What is the registered address of Pace Electricals Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Pace Electricals Private Limited is 64 Mes Road, Off Jalahalli Camp Cross Yeshwantpur India, Bangalore, Karnataka, 560022.
What is the corporate identification number (CIN) and company number of Pace Electricals Private Limited?
The corporate identification number (CIN) of Pace Electricals Private Limited is U31200KA2005PTC037152 and the company number is 037152 as per Ministry of Corporate Affairs (MCA).
What is the official website of Pace Electricals Private Limited?
The Official website of Pace Electricals Private Limited is https://www.pace-group.com
What has been the recent revenue trend for Pace Electricals Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Pace Electricals Private Limited has fallen by -4.20%.
How many employees does Pace Electricals Private Limited currently have?
As Per 2023 financial reports, 150 employees are currently employed by Pace Electricals Private Limited.
What change has been observed in the net worth of Pace Electricals Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Pace Electricals Private Limited has experienced an upsurge of 4.68%.
What are the total open charges for Pace Electricals Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Pace Electricals Private Limited amount to ₹ 28.00 Cr.
When was the last Balance Sheet of Pace Electricals Private Limited filed with the ROC?
The most recent Balance Sheet for Pace Electricals Private Limited was filed with the ROC on 31 Mar 2024.
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