Pace Engineering Industries Profile
Key Indicators
- Authorised Capital ₹ 4.00 M
- Paid Up Capital ₹ 2.33 M
- Company Age 25 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.73 Cr
- Satisfied Charges ₹ 9.45 M
- Revenue Growth 59.40%
- Profit Growth -15.41%
- Ebitda -4.39%
- Net Worth 21.64%
- Total Assets 1.77%
About Pace Engineering Industries
Pace Engineering Industries Private Limited (PEIPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 September 1999 and has a history of 25 years and four months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Machinery And Equipment 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 4.00 M and a paid-up capital of Rs 2.33 M.
The company currently has active open charges totaling ₹2.73 Cr. The company has closed loans amounting to ₹9.45 M, as per Ministry of Corporate Affairs (MCA) records.
Viren Shah and Ruchir Shah serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U28920MH1999PTC121826
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Company No.
121826
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
20 Sep 1999
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
What products or services does Pace Engineering Industries Private Limited offer?
Pace Engineering Industries Private Limited offers a wide range of products and services, including Wire Mesh & Gratings, Steel Mesh, Conveyor Systems & Components, Conveyor Belt, Fencing Wire, Chain Link Fencing, Wire Belts, Distillation Units, Distillation Equipment, Woven Wire Mesh.
Who are the key members and board of directors at Pace Engineering Industries?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Viren Shah
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Director | 20-Sep-1999 | Current |
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Ruchir Shah
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Director | 01-Apr-2005 | Current |
Financial Performance of Pace Engineering Industries.
Pace Engineering Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 59.4% increase. The company also saw a substantial fall in profitability, with a 15.41% decrease in profit. The company's net worth Soared by an impressive increase of 21.64%.
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What is the Ownership and Shareholding Structure of Pace Engineering Industries?
In 2023, Pace Engineering Industries had a public holding of 4.24%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹27.30 M
₹9.45 M
Charges Breakdown by Lending Institutions
- Others : 2.73 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Dec 2020 | Others | ₹3.80 M | Open |
| 26 Sep 2016 | Others | ₹2.50 M | Open |
| 08 Mar 2000 | Others | ₹2.10 Cr | Open |
| 29 Apr 2020 | Others | ₹1.90 M | Satisfied |
| 25 Jul 2012 | Bank Of Baroda | ₹4.00 M | Satisfied |
How Many Employees Work at Pace Engineering Industries?
Pace Engineering Industries has a workforce of 5 employees as of Apr 05, 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 Engineering Industries, 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 Engineering Industries'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.
