Pace Sea Foods Private Limited

Produces and sells shrimp seeds for export and domestic markets, also trades and distributes fish and prawns.

1994 | Visakhapatnam, Andhra Pradesh (India) | Active
Last Updated: January 02, 2025

Pace Sea Foods Profile

Key Indicators

  • Authorised Capital ₹ 8.00 M
  • Paid Up Capital ₹ 3.00 M
  • Company Age 30 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.58 M
  • Satisfied Charges ₹ 12.93 Cr
  • Revenue Growth %
  • Profit Growth -118.00%
  • Ebitda -118.00%
  • Net Worth -0.02%
  • Total Assets -222.80%

About Pace Sea Foods

Pace Sea Foods Private Limited (PSFPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 October 1994 and has a history of 30 years and four months. Its registered office is in Visakhapatnam, Andhra Pradesh, India.

The Company is engaged in the Agriculture 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 8.00 M and a paid-up capital of Rs 3.00 M.

The company currently has active open charges totaling ₹9.58 M. The company has closed loans amounting to ₹12.93 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sreenivas Vasireddy, 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

    U05005AP1994PTC018454

  • Company No.

    018454

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Oct 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Agriculture

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

Executive Team (1)

Name Designation Appointment Date Status
Pramod Pothuneedi Country flag representing In Managing Director 03-Oct-1994 Current

Board Members (2)

Name Designation Appointment Date Status
Sreenivas Vasireddy Country flag representing In Director 30-Dec-1995 Current
Narasimha Sanka Country flag representing In Director 03-Oct-1994 Current

Financial Performance of Pace Sea Foods.

Pace Sea Foods Private Limited, for the financial year ended 2019, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 118% decrease in profit. The company's net worth dipped by a decrease of 0.02%.

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
Revenue from Operations
Total Assets
-222.80%
Profit or Loss
-118.00%
Net Worth
-0.02%
EBITDA
-118.00%

What is the Ownership and Shareholding Structure of Pace Sea Foods?

In 2018, Pace Sea Foods had a promoter holding of 50.00% and a public holding of 50.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.58 M

Satisfied Charges

₹129.26 M

Charges Breakdown by Lending Institutions

  • Bank Of India : 0.80 Cr
  • Lakshmi General Finance Ltd : 0.16 Cr

Latest Charge Details

Date Lender Amount Status
26 Jul 2003 Lakshmi General Finance Ltd ₹0.29 M Open
14 Dec 2002 Bank Of India ₹8.00 M Open
27 Aug 2002 Lakshmi General Finance Ltd ₹0.34 M Open
07 Aug 2002 Lakshmi General Finance Ltd ₹0.69 M Open
04 Dec 2001 Lakshmi General Finance Ltd ₹0.27 M Open

How Many Employees Work at Pace Sea Foods?

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

Recent activity within the organization

  • Charges

    A charge registered on 11 Dec 2000 via Charge ID 90121478 with Bank Of India was fully satisfied on 07 Oct 2024.

    07 Oct 2024

  • Annual General Meeting

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

    31 Mar 2024

  • Charges

    A charge registered on 26 Feb 2001 via Charge ID 90122949 with Bank Of India was fully satisfied on 04 Mar 2023.

    04 Mar 2023

  • Charges

    A charge registered on 14 Dec 2000 via Charge ID 90121479 with Bank Of India was fully satisfied on 04 Mar 2023.

    04 Mar 2023

  • Charges

    A charge registered on 06 Dec 1999 via Charge ID 90121386 with Bank Of India was fully satisfied on 04 Mar 2023.

    04 Mar 2023

Frequently asked questions

  • Pace Sea Foods Private Limited was incorporated on 03 Oct 1994.

  • The authorized share capital of Pace Sea Foods Private Limited is ₹ 8.00 M and paid-up capital is ₹ 3.00 M.

  • Currently 3 directors are associated with Pace Sea Foods Private Limited.

    • Sreenivas Vasireddy
    • Pramod Kumar Pothuneedi
    • Narasimha Swamy Sanka
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pace Sea Foods Private Limited is 8-1-97/ 3 4 Ninithaas Highs Pedawaltair Prasanthi Nagar, India, Visakhapatnam, Andhra Pradesh, 530017.

  • The corporate identification number (CIN) of Pace Sea Foods Private Limited is U05005AP1994PTC018454 and the company number is 018454 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Pace Sea Foods Private Limited is https://www.pace.co.in

  • The financial reports for the fiscal year 2019 indicates that The net worth of Pace Sea Foods Private Limited has experienced an downturn of -0.02%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Pace Sea Foods Private Limited amount to ₹ 9.58 M.

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