Pace Tel Systems Private Limited

Provides telecommunication equipment and services, including trading, manufacturing, and servicing.

2011 | Delhi (India) | Active
Last Updated: November 16, 2024

Pace Tel Systems Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 0.43 M
  • Company Age 14 Year, 15 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 245.25 Cr
  • Satisfied Charges ₹ 2.60 Cr
  • Revenue Growth 28.01%
  • Profit Growth 115.91%
  • Ebitda 98.46%
  • Net Worth 11.38%
  • Total Assets -5.32%

About Pace Tel Systems

Pace Tel Systems Private Limited (PTSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 February 2011 and has a history of 14 years. Its registered office is in Delhi, 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 1.00 Cr and a paid-up capital of Rs 0.43 M.

The company currently has active open charges totaling ₹245.25 Cr. The company has closed loans amounting to ₹2.60 Cr, as per Ministry of Corporate Affairs (MCA) records.

Pradeep Rana, Premanand Jena, and Prabhjot Malik serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    pacetelsystems.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U32201DL2011PTC213571

  • Company No.

    213571

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Feb 2011

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Consumer Electronics & Durables

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

Board Members (3)

NameDesignationAppointment DateStatus
Premanand Jena Country flag representing In Director 05-Jul-2023Current
Pradeep Rana Country flag representing In Director 16-Aug-2021Current
Prabhjot Malik Country flag representing In Director 08-Feb-2011Current

Financial Performance of Pace Tel Systems.

Pace Tel Systems Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.01% increase. The company also saw a substantial improvement in profitability, with a 115.91% increase in profit. The company's net worth Soared by an impressive increase of 11.38%.

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
28.01%
Revenue from Operations
28.07%
Total Assets
-5.32%
Profit or Loss
115.91%
Net Worth
11.38%
EBITDA
98.46%

What is the Ownership and Shareholding Structure of Pace Tel Systems?

In 2023, Pace Tel Systems had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹245.25 Cr

Satisfied Charges

₹2.60 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 150.25 Cr
  • Others : 80.00 Cr
  • Axis Bank Limited : 15.00 Cr

Latest Charge Details

DateLenderAmountStatus
05 Jan 2024Hdfc Bank Limited₹2.50 MOpen
14 Oct 2021Axis Bank Limited₹15.00 CrOpen
24 Jan 2018Others₹80.00 CrOpen
17 Jun 2017Hdfc Bank Limited₹150.00 CrOpen
31 Aug 2018Indnian Overseas Bank₹6.00 MSatisfied

How Many Employees Work at Pace Tel Systems?

Pace Tel Systems has a workforce of 116 employees as of Apr 09, 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 Tel 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 Tel Systems'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 Tel Systems

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100844519 was registered on 05 Jan 2024.

    05 Jan 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 150.00 Cr registered on 17 Jun 2017 with Charge ID 100112922 was modified on 21 Dec 2023.

    21 Dec 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Director Appointment

    Premanand Jena was appointed as a Director was appointed as a Director on 05 Jul 2023 & has been associated with this company since 1 year 7 months .

    05 Jul 2023

  • Balance Sheet

    Pace Tel Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 80.00 Cr registered on 24 Jan 2018 with Charge ID 100169897 was modified on 10 Feb 2023.

    10 Feb 2023

Frequently asked questions

  • Pace Tel Systems Private Limited was incorporated on 08 Feb 2011.

  • The authorized share capital of Pace Tel Systems Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 0.43 M.

  • Currently 3 directors are associated with Pace Tel Systems Private Limited.

    • Pradeep Rana
    • Premanand Jena
    • Prabhjot Singh Malik
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pace Tel Systems Private Limited is H. No. O I Lajpat Nagar Ii India, New Delhi, 110024.

  • The corporate identification number (CIN) of Pace Tel Systems Private Limited is U32201DL2011PTC213571 and the company number is 213571 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Pace Tel Systems Private Limited is https://www.pacetelsystems.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Pace Tel Systems Private Limited has risen by 28.01%.

  • As Per 2023 financial reports, 116 employees are currently employed by Pace Tel Systems Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Pace Tel Systems Private Limited has experienced an upsurge of 11.38%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Pace Tel Systems Private Limited amount to ₹ 245.25 Cr.

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

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