Pace Express Private Limited

Provides courier and logistic services for documents and bulk loads in India and abroad.

1999 | Mumbai, Maharashtra (India) | Active
Last Updated:

Pace Express Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.10 M
  • Company Age 26 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 11.00 Cr
  • Satisfied Charges ₹ 1.13 Cr
  • Revenue Growth -10.34%
  • Profit Growth -15.66%
  • Ebitda -22.83%
  • Net Worth 17.77%
  • Total Assets 10.29%

About Pace Express

Pace Express Private Limited (PEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 February 1999 and has a history of 26 years and one month. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Transport And Logistics 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 1.00 Cr and a paid-up capital of Rs 1.10 M.

The company currently has active open charges totaling ₹11.00 Cr. The company has closed loans amounting to ₹1.13 Cr, as per Ministry of Corporate Affairs (MCA) records.

Chris Gracias, Suhail Syed, Daphyne Gracias, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U64120MH1999PTC118343

  • Company No.

    118343

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Feb 1999

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

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

Board Members (4)

NameDesignationAppointment DateStatus
Daphyne Gracias Country flag representing In Director 05-May-2016Current
Chris Gracias Country flag representing In Director 12-Feb-1999Current
Suhail Syed Country flag representing In Director 05-May-2016Current
Mehjabeen Gracias Country flag representing In Director 14-May-2024Current

Financial Performance of Pace Express.

Pace Express Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.34% decrease. The company also saw a substantial fall in profitability, with a 15.66% decrease in profit. The company's net worth Soared by an impressive increase of 17.77%.

Pace Express revenue growth over time
Pace Express 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
-10.34%
Revenue from Operations
-10.44%
Total Assets
10.29%
Profit or Loss
-15.66%
Net Worth
17.77%
EBITDA
-22.83%

What is the Ownership and Shareholding Structure of Pace Express?

Unlock access to Pace Express's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹11.00 Cr

Satisfied Charges

₹1.13 Cr

Charges Breakdown by Lending Institutions

  • Others : 11.00 Cr

Latest Charge Details

DateLenderAmountStatus
01 Aug 2023Others₹1.00 CrOpen
30 Jun 2023Others₹10.00 CrOpen
23 Mar 2016Others₹9.50 MSatisfied
25 Sep 2002The Cosmos Co-Operative Bank Limited₹1.20 MSatisfied
27 Apr 2001The Cosmos Co-Operative Bank Limited₹0.63 MSatisfied

How Many Employees Work at Pace Express?

Pace Express has a workforce of 89 employees as of Mar 31, 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 Express Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Pace Express Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Director Appointment

    Mehjabeen Chris Gracias was appointed as a Director was appointed as a Director on 14 May 2024 & has been associated with this company since 10 months 16 days .

  • Balance Sheet

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

  • Charges

    A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100806740 was registered on 01 Aug 2023.

  • Charges

    A charge with Others of Rs. 10.00 Cr registered on 30 Jun 2023 with Charge ID 100752178 was modified on 10 Jul 2023.

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100752178 was registered on 30 Jun 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Pace Express Private Limited?

    Pace Express Private Limited was incorporated on 12 Feb 1999.

  • What is authorized share capital and paid-up capital of Pace Express Private Limited?

    The authorized share capital of Pace Express Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.10 M.

  • Who are the current board members & directors of Pace Express Private Limited?

    Currently 4 directors are associated with Pace Express Private Limited.

    • Chris John Gracias
    • Suhail Mohammed Syed
    • Daphyne Chris Gracias
    • Mehjabeen Chris Gracias

  • What is the registered address of Pace Express Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Pace Express Private Limited is Building No 1 First Floor Unit 103 Sona Udyog Premises Csl, Parsi Panchayat Road India, Mumbai, Maharashtra, 400069.

  • What is the corporate identification number (CIN) and company number of Pace Express Private Limited?

    The corporate identification number (CIN) of Pace Express Private Limited is U64120MH1999PTC118343 and the company number is 118343 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Pace Express Private Limited?

    The Official website of Pace Express Private Limited is https://www.paceexp.com

  • What has been the recent revenue trend for Pace Express Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Pace Express Private Limited has fallen by -10.34%.

  • How many employees does Pace Express Private Limited currently have?

    As Per 2023 financial reports, 89 employees are currently employed by Pace Express Private Limited.

  • What change has been observed in the net worth of Pace Express Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Pace Express Private Limited has experienced an upsurge of 17.77%.

  • What are the total open charges for Pace Express Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Pace Express Private Limited amount to ₹ 11.00 Cr.

  • When was the last Balance Sheet of Pace Express Private Limited filed with the ROC?

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

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