Pace Packaging Machines Private Limited

Designing and manufacturing VFFS machines and related accessories for various clients.

2002 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 03, 2024

Pace Packaging Machines Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 2.70 M
  • Company Age 22 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 40.89 Cr
  • Revenue Growth -2.28%
  • Profit Growth -17.79%
  • Ebitda -13.91%
  • Net Worth 31.45%
  • Total Assets 9.63%

About Pace Packaging Machines

Pace Packaging Machines Private Limited (PPMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 November 2002 and has a history of 22 years and three months. Its registered office is in Ahmedabad, Gujarat, 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 5.00 M and a paid-up capital of Rs 2.70 M.

The company has closed loans amounting to ₹40.89 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Dimple Panchal, Jitendrakumar Panchal, Dilipbhai Panchal, and One other member serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    pacepackaging.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29195GJ2002PTC041570

  • Company No.

    041570

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Nov 2002

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Pace Packaging Machines Private Limited offer?

Pace Packaging Machines Private Limited offers a wide range of products and services, including Vertical Form Fill Seal Machines, VFFS Machine, Powder Filling Machine, Auger Filler Machine, Volumetric Filling Machine, Volumetric Cup Filler.

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

Board Members (4)

NameDesignationAppointment DateStatus
Dimple Panchal Country flag representing In Director 22-Nov-2002Current
Jitendrakumar Panchal Country flag representing In Director 22-Nov-2002Current
Dilipbhai Panchal Country flag representing In Director 27-Mar-2015Current
Bharati Panchal Country flag representing In Director 26-Nov-2024Current

Financial Performance of Pace Packaging Machines.

Pace Packaging Machines Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 2.28% decrease. The company also saw a substantial fall in profitability, with a 17.79% decrease in profit. The company's net worth Soared by an impressive increase of 31.45%.

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
-2.28%
Revenue from Operations
-2.01%
Total Assets
9.63%
Profit or Loss
-17.79%
Net Worth
31.45%
EBITDA
-13.91%

What is the Ownership and Shareholding Structure of Pace Packaging Machines?

In 2024, Pace Packaging Machines 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)

Open Charges

₹0

Satisfied Charges

₹408.85 M

Charges Breakdown by Lending Institutions

  • Others : 37.63 Cr
  • Oriental Bank Of Commerce : 3.26 Cr

Latest Charge Details

DateLenderAmountStatus
01 Feb 2016Others₹17.21 CrSatisfied
17 Jul 2015Others₹16.76 CrSatisfied
05 Aug 2014Others₹3.65 CrSatisfied
30 Dec 2009Oriental Bank Of Commerce₹2.60 MSatisfied
23 Apr 2007Oriental Bank Of Commerce₹3.00 CrSatisfied

How Many Employees Work at Pace Packaging Machines?

Pace Packaging Machines has a workforce of 19 employees as of Dec 03, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Director Appointment

    Bharati Jitendrakumar Panchal was appointed as a Director was appointed as a Director on 26 Nov 2024 & has been associated with this company since 3 months 1 day .

    26 Nov 2024

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Pace Packaging Machines Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge registered on 01 Feb 2016 via Charge ID 10619994 with Others was fully satisfied on 31 Jan 2024.

    31 Jan 2024

  • Charges

    A charge registered on 17 Jul 2015 via Charge ID 10584151 with Others was fully satisfied on 31 Jan 2024.

    31 Jan 2024

  • Charges

    A charge registered on 05 Aug 2014 via Charge ID 10521347 with Others was fully satisfied on 09 Nov 2019.

    09 Nov 2019

Frequently asked questions

  • Pace Packaging Machines Private Limited was incorporated on 22 Nov 2002.

  • The authorized share capital of Pace Packaging Machines Private Limited is ₹ 5.00 M and paid-up capital is ₹ 2.70 M.

  • Currently 4 directors are associated with Pace Packaging Machines Private Limited.

    • Dimple Dilip Panchal
    • Jitendrakumar Kantilal Panchal
    • Dilipbhai Kantilal Panchal
    • Bharati Jitendrakumar Panchal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pace Packaging Machines Private Limited is Plot No. 377-A Road No.9 Gidc Kathwada, India, Ahmedabad, Gujarat, 382430.

  • The corporate identification number (CIN) of Pace Packaging Machines Private Limited is U29195GJ2002PTC041570 and the company number is 041570 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Pace Packaging Machines Private Limited is https://www.pacepackaging.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Pace Packaging Machines Private Limited has fallen by -2.28%.

  • As Per 2022 financial reports, 19 employees are currently employed by Pace Packaging Machines Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Pace Packaging Machines Private Limited has experienced an upsurge of 31.45%.

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