Pace Process Controls Private Limited

Design, supply, install, and test electrical and instrumentation systems for various industries.

1996 | Visakhapatnam, Andhra Pradesh (India) | Active
Last Updated:

Pace Process Controls Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 28 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 18.26 Cr
  • Revenue Growth -6.29%
  • Profit Growth -2.71%
  • Ebitda -4.03%
  • Net Worth 7.99%
  • Total Assets -7.57%

About Pace Process Controls

Pace Process Controls Private Limited (PPCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 July 1996 and has a history of 28 years and eight months. Its registered office is in Visakhapatnam, Andhra Pradesh, India.

The Company is engaged in the Energy And Power 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 5.00 M.

The company currently has active open charges totaling ₹18.26 Cr.

Pramod Pothuneedi and Narasimha Sanka serve as directors at the Company.

Company Details

  • Location

    Visakhapatnam, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74210AP1996PTC024612

  • Company No.

    024612

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Jul 1996

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Energy and Power
Company report

Pace Process Controls Private Limited

Explore comprehensive data for Pace Process Controls Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Pramod Pothuneedi Country flag representing In Managing Director11-Jul-1996Current

Board Members (1)

NameDesignationAppointment DateStatus
Narasimha Sanka Country flag representing In Director 11-Jul-1996Current

Financial Performance of Pace Process Controls.

Pace Process Controls Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 6.29% decrease. The company also saw a slight decrease in profitability, with a 2.71% decrease in profit. The company's net worth moved up by a moderate rise of 7.99%.

Pace Process Controls revenue growth over time
Pace Process Controls 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
-6.29%
Revenue from Operations
-6.50%
Total Assets
-7.57%
Profit or Loss
-2.71%
Net Worth
7.99%
EBITDA
-4.03%

What is the Ownership and Shareholding Structure of Pace Process Controls?

Unlock access to Pace Process Controls'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

₹182.57 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of India : 13.33 Cr
  • Others : 4.60 Cr
  • Axis Bank Limited : 0.29 Cr
  • Lakshmi General Finance Ltd. : 0.04 Cr

Latest Charge Details

DateLenderAmountStatus
29 Jan 2023Others₹8.00 MOpen
02 May 2022Others₹3.80 CrOpen
06 Dec 2021Bank Of India₹1.92 MOpen
02 Jul 2020Bank Of India₹1.40 MOpen
31 Dec 2019Axis Bank Limited₹0.65 MOpen

How Many Employees Work at Pace Process Controls?

Pace Process Controls has a workforce of 54 employees as of Apr 07, 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 Process Controls Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Pace Process Controls Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.

  • Charges

    A charge with Others amounted to Rs. 8.00 M with Charge ID 100689186 was registered on 29 Jan 2023.

  • Charges

    A charge with Others amounted to Rs. 38.00 M with Charge ID 100568661 was registered on 02 May 2022.

  • Charges

    A charge with Bank Of India amounted to Rs. 1.92 M with Charge ID 100527810 was registered on 06 Dec 2021.

  • Charges

    A charge with Bank Of India amounted to Rs. 1.40 M with Charge ID 100377415 was registered on 02 Jul 2020.

Frequently asked questions

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

    Pace Process Controls Private Limited was incorporated on 11 Jul 1996.

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

    The authorized share capital of Pace Process Controls Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

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

    Currently 2 directors are associated with Pace Process Controls Private Limited.

    • Pramod Kumar Pothuneedi
    • Narasimha Swamy Sanka
  • What is the registered address of Pace Process Controls Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Pace Process Controls Private Limited is D.No.8-1-97/3 4, Ninithaas Highs Pedawaltair India, Visakhapatanm, Andhra Pradesh, 530017.

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

    The corporate identification number (CIN) of Pace Process Controls Private Limited is U74210AP1996PTC024612 and the company number is 024612 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Pace Process Controls Private Limited?

    The Official website of Pace Process Controls Private Limited is https://www.pace.co.in

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Pace Process Controls Private Limited has fallen by -6.29%.

  • How many employees does Pace Process Controls Private Limited currently have?

    As Per 2023 financial reports, 54 employees are currently employed by Pace Process Controls Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Pace Process Controls Private Limited has experienced an upsurge of 7.99%.

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

    As per the financial statements for fiscal Year 2023, The total open charges for Pace Process Controls Private Limited amount to ₹ 18.26 Cr.

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

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

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