Pace Ventures Private Limited

Trading agro products globally, including rice, spices, onion, sugar, corn, wheat, and potatoes.

2009 | Mumbai, Maharashtra (India) | Active
Last Updated: October 24, 2024

Pace Ventures Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 15 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 20.29 Cr
  • Revenue Growth 14.53%
  • Profit Growth 27.51%
  • Ebitda 44050.00%
  • Net Worth 13.48%
  • Total Assets -20.79%

About Pace Ventures

Pace Ventures Private Limited (PVPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 November 2009 and has a history of 15 years and three months. Its registered office is in Mumbai, Maharashtra, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.50 Cr.

The company currently has active open charges totaling ₹20.29 Cr.

Punit Gandhi and Shefali Shah serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74990MH2009PTC196856

  • Company No.

    196856

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Nov 2009

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Agriculture

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

Board Members (2)

Name Designation Appointment Date Status
Punit Gandhi Country flag representing In Director 04-Nov-2009 Current
Shefali Shah Country flag representing In Director Current

Financial Performance of Pace Ventures.

Pace Ventures Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.53% increase. The company also saw a substantial improvement in profitability, with a 27.51% increase in profit. The company's net worth Soared by an impressive increase of 13.48%.

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
14.53%
Revenue from Operations
14.78%
Total Assets
-20.79%
Profit or Loss
27.51%
Net Worth
13.48%
EBITDA
44050.00%

What is the Ownership and Shareholding Structure of Pace Ventures?

In 2023, Pace Ventures 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

₹20.29 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of India : 19.79 Cr
  • Others : 0.50 Cr

Latest Charge Details

Date Lender Amount Status
08 Feb 2024 Bank Of India ₹1.15 Cr Open
15 Jul 2020 Others ₹5.00 M Open
31 Oct 2014 Bank Of India ₹18.64 Cr Open

How Many Employees Work at Pace Ventures?

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

Recent activity within the organization

  • Charges

    A charge with Bank Of India of Rs. 18.64 Cr registered on 31 Oct 2014 with Charge ID 10532094 was modified on 04 May 2024.

    04 May 2024

  • Charges

    A charge with Bank Of India amounted to Rs. 1.15 Cr with Charge ID 100868433 was registered on 08 Feb 2024.

    08 Feb 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Pace Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100356297 was registered on 15 Jul 2020.

    15 Jul 2020

  • Charges

    A charge with Bank Of India amounted to Rs. 18.64 Cr with Charge ID 10532094 was registered on 31 Oct 2014.

    31 Oct 2014

Frequently asked questions

  • Pace Ventures Private Limited was incorporated on 04 Nov 2009.

  • The authorized share capital of Pace Ventures Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.50 Cr.

  • Currently 2 directors are associated with Pace Ventures Private Limited.

    • Punit Kamlesh Gandhi
    • Shefali Suketu Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pace Ventures Private Limited is 166B Nabashruti Building Ground Floor Hindu Colony Khare Ghat Road, Dadar (Ea St) India, Mumbai, Maharashtra, 400014.

  • The corporate identification number (CIN) of Pace Ventures Private Limited is U74990MH2009PTC196856 and the company number is 196856 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Pace Ventures Private Limited is https://www.paceventures.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Pace Ventures Private Limited has risen by 14.53%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Pace Ventures Private Limited has experienced an upsurge of 13.48%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Pace Ventures Private Limited amount to ₹ 20.29 Cr.

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

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