Pace Lubricant Private Limited

Founded in 2017 and headquartered in Maharashtra, India.

2017 | Nagpur, Maharashtra (India) | Active
Last Updated: November 16, 2024

Pace Lubricant Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 7 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 44.72%
  • Profit Growth -116.04%
  • Ebitda -68.40%
  • Net Worth -2.78%
  • Total Assets 21.79%

About Pace Lubricant

Pace Lubricant Private Limited (PLPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 June 2017 (Seven years and eight months 9 days old ). Its registered office is in Nagpur, Maharashtra, India.

The Company is engaged in the Chemicals And Materials 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 0.50 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Arunkumar Sadhwani and Tarun Sadhwani serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    pacelubes.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U23300MH2017PTC295732

  • Company No.

    295732

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Jun 2017

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials

What products or services does Pace Lubricant Private Limited offer?

Pace Lubricant Private Limited offers a wide range of products and services, including Oils, Grease & Lubricants, Engine Oil, Automotive Lubricants, Automotive Oils.

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

Board Members (2)

Name Designation Appointment Date Status
Arunkumar Sadhwani Country flag representing In Director 05-Jun-2017 Current
Tarun Sadhwani Country flag representing In Director 05-Jun-2017 Current

Financial Performance of Pace Lubricant.

Pace Lubricant Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 44.72% increase. The company also saw a substantial fall in profitability, with a 116.04% decrease in profit. The company's net worth dipped by a decrease of 2.78%.

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
44.72%
Revenue from Operations
44.78%
Total Assets
21.79%
Profit or Loss
-116.04%
Net Worth
-2.78%
EBITDA
-68.40%

What is the Ownership and Shareholding Structure of Pace Lubricant?

In 2023, Pace Lubricant 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 Lubricant?

Unlock and access historical data on people associated with Pace Lubricant, 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 Lubricant, 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 Lubricant'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 Lubricant

Recent activity within the organization

  • Annual General Meeting

    Pace Lubricant Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Pace Lubricant Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Arunkumar Kewalram Sadhwani was appointed as a Director was appointed as a Director on 05 Jun 2017 & has been associated with this company since 7 years 8 months .

    05 Jun 2017

  • Director Appointment

    Tarun Kevalram Sadhwani was appointed as a Director was appointed as a Director on 05 Jun 2017 & has been associated with this company since 7 years 8 months .

    05 Jun 2017

  • Company Incorporation

    Pace Lubricant Private Limited was registered on 05 Jun 2017 with Roc Mumbai & aged 7 years 8 months as per MCA records.

    05 Jun 2017

Frequently asked questions

  • Pace Lubricant Private Limited was incorporated on 05 Jun 2017.

  • The authorized share capital of Pace Lubricant Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

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

    • Arunkumar Kewalram Sadhwani
    • Tarun Kevalram Sadhwani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pace Lubricant Private Limited is Swati Enclave Plot No. 3 Fl Anmol Nagar Wathoda Ring Road India, Nagpur, Maharashtra, 440008.

  • The corporate identification number (CIN) of Pace Lubricant Private Limited is U23300MH2017PTC295732 and the company number is 295732 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Pace Lubricant Private Limited is https://www.pacelubes.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Pace Lubricant Private Limited has risen by 44.72%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Pace Lubricant Private Limited has experienced an downturn of -2.78%.

  • The most recent Balance Sheet for Pace Lubricant Private Limited was filed with the ROC on 31 Mar 2023.