Pace Deposits and Advances Private Limited
About Pace Deposits and Advances Private Limited
Data last updated:
Pace Deposits and Advances Private Limited is a private limited company based in Punjab, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 10 September 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U65921PB1996PTC018755.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Suraj Jain and Tarsem Jain.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 327 Dr Sham Singh Roadcivil Lines Ludhiana, Punjab, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹60,000. For the same year it recorded a net loss of ₹23,258 (net margin -38.8%) and EBITDA of -₹6,486 (EBITDA margin -10.8%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 17% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Pace Deposits and Advances Private Limited's registered office is in Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address327 Dr Sham Singh Roadcivil Lines Ludhiana, Punjab, India
- IndustryFinancial Services, Other Financial Intermediation, Hire Purchase, Credit Allocation Agencies
To see the full contact details of Pace Deposits and Advances Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Pace Deposits and Advances Private Limited
FY 2025 filings availablePace Deposits and Advances Private Limited reported revenue of ₹60,000 for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years. EBITDA rose 16% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹6,486 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹23,258 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -10.8% | ||||
| Net Profit Margin | -38.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Pace Deposits and Advances Private Limited, buy the company report.
Board of directors of Pace Deposits and Advances Private Limited
Pace Deposits and Advances has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suraj Jain Also directs: Dev Tex-Knit Private Limited | Director | 10 Sep 1996 | 30 Years 1 Months | Current |
| Tarsem Jain | Director | 28 Sep 1998 | 28 Years 1 Months | Current |
Auditor
Pace Deposits and Advances Private Limited is audited by ASHISH SUNIL JAIN & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHISH SUNIL JAIN & CO | FY 2017 | 025047N |
Shareholding
The shareholding of Pace Deposits and Advances Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Pace Deposits and Advances Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Pace Deposits and Advances Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Pace Deposits and Advances Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Pace Deposits and Advances Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Pace Deposits and Advances Private Limited has 2 board changes on record since 1996: 2 appointments. The latest: Tarsem Jain was appointed as Director on 28 Sep 1998.
Frequently asked questions
Pace Deposits and Advances is an active private limited company based in Punjab, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 10 September 1996 (30+ years old) and is registered under CIN U65921PB1996PTC018755.
Pace Deposits and Advances has 2 current directors:
- Suraj Jain - Director
- Tarsem Jain - Director
The latest financial statements of Pace Deposits and Advances on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Pace Deposits and Advances is U65921PB1996PTC018755. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pace Deposits and Advances was incorporated on 10 September 1996, making it 30+ years old. It is registered with the Registrar of Companies, Chandigarh.
Tarsem Jain was appointed as Director on 28 Sep 1998. Suraj Jain was appointed as Director on 10 Sep 1996.
The registered office of Pace Deposits and Advances is at 327 Dr Sham Singh Roadcivil Lines Ludhiana, Punjab, India.
Pace Deposits and Advances operates in the financial services industry, in the other financial intermediation segment.
The compliance status of Pace Deposits and Advances is compliant as of 25 September 2026. The company is actively filing with the Registrar of Companies.
Pace Deposits and Advances can be reached at its registered office: 327 Dr Sham Singh Roadcivil Lines Ludhiana, Punjab, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
