Pace Forex Private Limited
About Pace Forex Private Limited
Data last updated:
Pace Forex Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the forex services segment of the financial services sector. It was incorporated on 23 September 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U74120MH2015PTC268641. Its GSTIN is 27AAICP3152D1ZM (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Dalbir Kaur Narinder Pal Marwah and Narinder Pal Singh Marwah.
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 Nagpur, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.79 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹1.06 Lakh (net margin 0.1%) and EBITDA of ₹2.18 Lakh (EBITDA margin 0.2%). Revenue has declined at a compounded annual rate (CAGR) of 231% over three years and 8% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Pace Forex Private Limited's registered office is in Nagpur, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address24 Chandak Hospital Darodkar Square Near Methi Hospital Central Avenue Nagpu, R 440002, Nagpur, Maharashtra, India – 440002
- IndustryFinancial Services, Forex Services
To see the full contact details of Pace Forex 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
Business activity
The main business activity of Pace Forex is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Pace Forex Private Limited, buy the company report.
Financials of Pace Forex Private Limited
FY 2025 filings availablePace Forex Private Limited reported revenue of ₹8.79 Cr (down 21% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 21% fall in the latest year. EBITDA fell 34% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹2.18 Lakh | ||||
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| Net Profit (PAT) | ₹1.06 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 0.2% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Pace Forex Private Limited, buy the company report.
Board of directors of Pace Forex Private Limited
Pace Forex has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dalbir Kaur Narinder Pal Marwah | Director | 23 Sep 2015 | 11 Years 1 Months | Current |
| Narinder Pal Singh Marwah | Director | 23 Sep 2015 | 11 Years 1 Months | Current |
Auditor
Pace Forex Private Limited is audited by BAGDIA & COMPANY for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BAGDIA & COMPANY | FY 2019 | 128256W |
Shareholding
The shareholding of Pace Forex Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Pace Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Pace Forex 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 Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pace Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICP3152D1ZM | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pace Forex Private Limited, buy the company report.
Recent activity
Pace Forex Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Dalbir Kaur Narinder Pal Marwah was appointed as Director on 23 Sep 2015.
Frequently asked questions
Pace Forex is an active private limited company based in Nagpur, Maharashtra, India. The company works in forex services, within the financial services industry. It was incorporated on 23 September 2015 (11+ years old) and is registered under CIN U74120MH2015PTC268641.
Pace Forex has 2 current directors:
- Dalbir Kaur Narinder Pal Marwah - Director
- Narinder Pal Singh Marwah - Director
The latest financial statements of Pace Forex 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 FY 2016 are in the company report.
The GSTIN of Pace Forex is 27AAICP3152D1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Pace Forex is U74120MH2015PTC268641. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pace Forex was incorporated on 23 September 2015, making it 11+ years old. It is registered with the Registrar of Companies, Nagpur.
Dalbir Kaur Narinder Pal Marwah was appointed as Director on 23 Sep 2015. Narinder Pal Singh Marwah was appointed as Director on 23 Sep 2015.
The registered office of Pace Forex is at 24 Chandak Hospital Darodkar Square Near Methi Hospital Central Avenue Nagpu, R 440002, Nagpur, Maharashtra, India – 440002.
Pace Forex operates in the financial services industry, in the forex services segment.
The compliance status of Pace Forex is compliant as of 01 August 2026. The company is actively filing with the Registrar of Companies.