Pace Seating Systems Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 5.00 M
- Company Age 17 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.18 Cr
- Satisfied Charges ₹ 6.00 M
- Revenue Growth 105.86%
- Profit Growth 106.91%
- Ebitda 215.02%
- Net Worth 0.89%
- Total Assets 46.29%
About Pace Seating Systems
Pace Seating Systems Private Limited (PSSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 May 2007 and has a history of 17 years and nine months. Its registered office is in Bangalore, Karnataka, India.
The Company is engaged in the Consumer Electronics & Durables 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 5.00 M and a paid-up capital of Rs 5.00 M.
The company currently has active open charges totaling ₹3.18 Cr. The company has closed loans amounting to ₹6.00 M, as per Ministry of Corporate Affairs (MCA) records.
Amit Anand, Madhu Anand, and Anand Atmaram serve as directors at the Company.
Company Details
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Location
Bangalore, Karnataka, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U36101KA2007PTC042798
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Company No.
042798
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
14 May 2007
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
What products or services does Pace Seating Systems Private Limited offer?
Pace Seating Systems Private Limited offers a wide range of products and services, including Furniture Fittings & Hardware, Table Parts, Restaurant & Cafeteria Furniture, Canteen Furniture, Metal Furniture Suppliers, Metal Chair, School & College Chair, Student Chair, Table, Round Table.
Who are the key members and board of directors at Pace Seating Systems?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anand Atmaram
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Director | 14-May-2007 | Current |
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Amit Anand
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Director | 14-May-2007 | Current |
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Madhu Anand
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Director | 14-May-2007 | Current |
Financial Performance of Pace Seating Systems.
Pace Seating Systems Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 105.86% increase. The company also saw a substantial improvement in profitability, with a 106.91% increase in profit. The company's net worth moved up by a moderate rise of 0.89%.
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What is the Ownership and Shareholding Structure of Pace Seating Systems?
In 2023, Pace Seating Systems had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Buena Casa LlpAmit Anand is a mutual person
Charges (Loans)
₹31.81 M
₹6.00 M
Charges Breakdown by Lending Institutions
- Others : 1.68 Cr
- Hdfc Bank Limited : 1.00 Cr
- Vijaya Bank : 0.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Feb 2024 | Others | ₹0.58 M | Open |
| 01 Aug 2023 | Others | ₹1.52 M | Open |
| 29 Apr 2023 | Others | ₹3.50 M | Open |
| 31 Jan 2023 | Others | ₹3.22 M | Open |
| 19 Jun 2019 | Others | ₹8.00 M | Open |
How Many Employees Work at Pace Seating Systems?
Pace Seating Systems has a workforce of 22 employees as of Apr 06, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Pace Seating Systems, 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 Seating Systems's trajectory.
Rating
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
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.