Pace Equipment Private Limited

Manufactures various filters and separators, with locations in major Indian cities.

1975 | Mumbai, Maharashtra (India) | Active
Last Updated: December 19, 2024

Pace Equipment Profile

Key Indicators

  • Authorised Capital ₹ 5.50 M
  • Paid Up Capital ₹ 1.91 M
  • Company Age 49 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -34.47%
  • Profit Growth 210.10%
  • Ebitda 70.87%
  • Net Worth 2.49%
  • Total Assets 3.43%

About Pace Equipment

Pace Equipment Private Limited (PEPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 September 1975 and has a history of 49 years and five 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 5.50 M and a paid-up capital of Rs 1.91 M, as per Ministry of Corporate Affairs (MCA) records.

Shanai Mehta and Anish Mehta serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    paceonnet.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28129MH1975PTC018550

  • Company No.

    018550

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Sep 1975

  • Date of AGM

    23 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

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

Board Members (2)

NameDesignationAppointment DateStatus
Anish Mehta Country flag representing In Whole-Time Director 15-Mar-1983Current
Shanai Mehta Country flag representing In Director 11-Mar-2023Current

Financial Performance of Pace Equipment.

Pace Equipment Private Limited, for the financial year ended 2016, experienced significant reduction in revenue, with a 34.47% decrease. The company also saw a substantial improvement in profitability, with a 210.1% increase in profit. The company's net worth moved up by a moderate rise of 2.49%.

Graph illustrating revenue growth over time
Graph showing 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
-34.47%
Revenue from Operations
Total Assets
3.43%
Profit or Loss
210.10%
Net Worth
2.49%
EBITDA
70.87%

What is the Ownership and Shareholding Structure of Pace Equipment?

In 2017, Pace Equipment had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Pace Equipment?

Unlock and access historical data on people associated with Pace Equipment, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Pace Equipment, 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 Equipment'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 Equipment

Recent activity within the organization

  • Annual General Meeting

    Pace Equipment Private Limited last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.

    23 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Director Appointment

    Shanai Mehta was appointed as a Director was appointed as a Director on 11 Mar 2023 & has been associated with this company since 1 year 11 months .

    11 Mar 2023

  • Director Appointment

    Anish Dhiraj Mehta was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 15 Mar 1983 & has been associated with this company since 41 years 11 months .

    15 Mar 1983

  • Company Incorporation

    Pace Equipment Private Limited was registered on 16 Sep 1975 with Roc Mumbai & aged 49 years 5 months as per MCA records.

    16 Sep 1975

Frequently asked questions

  • Pace Equipment Private Limited was incorporated on 16 Sep 1975.

  • The authorized share capital of Pace Equipment Private Limited is ₹ 5.50 M and paid-up capital is ₹ 1.91 M.

  • Currently 2 directors are associated with Pace Equipment Private Limited.

    • Shanai Mehta
    • Anish Dhiraj Mehta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pace Equipment Private Limited is 2-Grd Floor Vile Parle Leela Premises Chs Ltd Apartment S. V. Road, (W) India, Mumbai, Maharashtra, 400056.

  • The corporate identification number (CIN) of Pace Equipment Private Limited is U28129MH1975PTC018550 and the company number is 018550 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Pace Equipment Private Limited is https://www.paceonnet.com

  • According to the financial reports for the fiscal year 2016, the revenue trend for Pace Equipment Private Limited has fallen by -34.47%.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Pace Equipment Private Limited has experienced an upsurge of 2.49%.

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

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