MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0023969
Pace Packaging Machines Private Limited - machinery and equipment in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹167.55 Cr
▲ 13% YoY
Net profit · FY 2025
₹19.38 Cr
Net margin 11.6%
EBITDA · FY 2025
₹29.98 Cr
EBITDA margin 17.9%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹27 Lakh
Issued & subscribed
Satisfied charges
₹40.89 Cr
No open charges
Company age
24 yrs
Est. 2002
Employees · EPFO
19
Provident fund records
About Pace Packaging Machines Private Limited
Data last updated:
Pace Packaging Machines Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the packaging machinery and equipment segment of the machinery and industrial equipment sector. It was incorporated on 22 November 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29195GJ2002PTC041570. Its GSTIN is 24AACCP9158K1Z1 (Gujarat).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹27 Lakh. It is led by directors including Jitendrakumar Kantilal Panchal and Dilipbhai Kantilal Panchal.
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 Plot No. 377 – A Road No.9 GIDC Kathwada, Ahmedabad, Gujarat, India – 382430.
As per the financials filed for FY 2025, the company reported a revenue of ₹167.55 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹19.38 Cr (net margin 11.6%) and EBITDA of ₹29.98 Cr (EBITDA margin 17.9%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 8% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Pace Packaging Machines. As per MCA filings, the company has satisfied charges of ₹40.89 Cr on record. Court records list 16 cases involving the company, including 10 filed by the company and 6 filed against it. The company has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹22 Lakh; the latest was in December 2015. Its 4 peer companies in the Machinery and Equipment industry (Packaging Machines), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 3 larger and 1 smaller; the largest is Clearpack Automation Private Limited with revenue of ₹217.96 Cr. The company has 17 MSME Form 1 returns on record between 2019 and 2023, listing 3,154 overdue payments to 174 micro and small suppliers.
Pace Packaging Machines Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0023969). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pacepackaging.in.
Company details
CIN U29195GJ2002PTC041570
Registration Number 041570
Incorporation Date 22 November 2002
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0023969
Key People
Jitendrakumar Kantilal Panchal Director Dilipbhai Kantilal Panchal Director Dimple Dilip Panchal Director Recognitions & Rankings of Pace Packaging Machines
Contact details
Pace Packaging Machines Private Limited's registered office is in Ahmedabad, Gujarat. Its website is pacepackaging.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 377 – A Road No.9 GIDC Kathwada, Ahmedabad, Gujarat, India – 382430
- IndustryMachinery and Equipment, Packaging Machinery & Equipment
To see the full contact details of Pace Packaging Machines Private Limited, buy the company report.
Comprehensive company report
Pace Packaging Machines Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Brands
Pace Packaging Machines operates one associated brand: Pace Packaging Machines. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures VFFS machines and accessories for snacks food packaging industry. | pacepackaging.in |
Business activity
The main business activity of Pace Packaging Machines is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Pace Packaging Machines Private Limited, buy the company report.
Financials of Pace Packaging Machines Private Limited
FY 2025 filings availablePace Packaging Machines Private Limited reported revenue of ₹167.55 Cr (up 13% YoY) for FY 2025.
Revenue · FY 2025
₹167.55 Cr ▲ 13%
Net profit · FY 2025
₹19.38 Cr margin 11.6%
EBITDA · FY 2025
₹29.98 Cr margin 17.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 15%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▲ 33%
3 years · compounded
▲ 12%
5 years · compounded
▲ 5%
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 13% growth in the latest year. EBITDA rose 33% 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 | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹29.98 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹19.38 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.9% | ||||
| Net Profit Margin | 11.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Packaging Machines Private Limited, buy the company report.
Board of directors of Pace Packaging Machines Private Limited
Pace Packaging Machines has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jitendrakumar Kantilal Panchal | Director | 22 Nov 2002 | 23 Years 11 Months | Current |
| Dilipbhai Kantilal Panchal | Director | 27 Mar 2015 | 11 Years 6 Months | Current |
| Dimple Dilip Panchal | Director | 22 Nov 2002 | 23 Years 11 Months | Current |
| Bharati Jitendrakumar Panchal | Director | 26 Nov 2024 | 1 Years 10 Months | Current |
Peer comparison
Pace Packaging Machines Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Packaging Machines), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Clearpack Automation Private Limited | ₹217.96 Cr (FY 2025) | 3.0% | Delhi, India | |||
| Pakona Engineers (India)Pvt Ltd | ₹200.56 Cr (FY 2025) | 21.0% | Mumbai, Maharashtra, India | |||
| Acg Pampac Machines Private Limited | ₹181.01 Cr (FY 2018) | -18.0% | Mumbai, Maharashtra, India | |||
| Pace Packaging Machines Private Limitedthis company | ₹167.55 Cr (FY 2025) | ₹19.38 Cr | 11.6% | 13.0% | 19 | Ahmedabad, Gujarat, India |
| Nichrome India Limited | ₹125.18 Cr (FY 2025) | 2.0% | Pune, Maharashtra, India |
To see the full peer comparison of Pace Packaging Machines Private Limited, buy the company report.
Shareholding
The shareholding of Pace Packaging Machines Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pace Packaging Machines Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹40.89 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Feb 2016 | 10619994 | Others | ₹17.21 Cr | Satisfied | |
| 17 Jul 2015 | 10584151 | Others | ₹16.76 Cr | Satisfied | |
| 05 Aug 2014 | 10521347 | Others | ₹3.65 Cr | Satisfied | |
| 30 Dec 2009 | 10194933 | Oriental Bank of Commerce | ₹26 Lakh | Satisfied | |
| 23 Apr 2007 | 10051595 | Oriental Bank of Commerce | ₹3 Cr | Satisfied |
To see the full charge records of Pace Packaging Machines Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Pace Packaging Machines Private Limited has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹22 Lakh; the latest was in December 2015.
Total deals
4
Funding rounds
2
Rights issue
1
Secondary share transfer
1
Disclosed funding
₹22 Lakh
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2015 | Rights issue | ₹30 Lakh | Investors: 3 individuals |
| Dec 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jun 2011 | Funding round | ₹17 Lakh | Investors: 2 individuals |
| Feb 2007 | Funding round | ₹5 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Pace Packaging Machines Private Limited has 16 court cases on record: 10 filed by Pace Packaging Machines, 6 filed against it. All cases are disposed.
Total cases
16
Filed by the company
10
Filed against the company
6
Disposed
16
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 6 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (SPCS) | Filed by the company against M/S Badri Vishal Agro Pvt. Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed by the company against M/S Harley Food Products Pvt. Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed by the company against M/S Madhur Milan Food Products Pvt. Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST S) | Filed by the company against M/S Sushma Snacks Pvt. Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST S) | Filed by the company against M/S Badri Vishal Agro Pvt. Ltd. | Disposed |
To see the full case history of Pace Packaging Machines Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Pace Packaging Machines Private Limited has 17 MSME Form 1 returns on record between 2019 and 2023, listing 3,154 overdue payments to 174 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 174)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| KHS Innovation & Engineering LLP | |||
| B and R Industrial Automation Private Limited | |||
| Modern Investment Cast Industries | |||
| Shreenath Tools Centre |
To see the full MSME payment records of Pace Packaging Machines Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Pace Packaging Machines Private Limited has a workforce of 19 employees on its EPFO records as of Dec 03, 2024, across 1 active EPFO establishment.
Employee count
19
Active EPFO establishments
1
Employee growth
-9.52%
GST
Pace Packaging Machines has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCP9158K1Z1 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pace Packaging Machines Private Limited, buy the company report.
Recent activity
Pace Packaging Machines Private Limited has 5 board changes on record since 2002: 4 appointments and 1 cessation. The latest: Bharati Jitendrakumar Panchal was appointed as Director on 26 Nov 2024.
AGM
Pace Packaging Machines Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Pace Packaging Machines Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Bharati Jitendrakumar Panchal was appointed as Director.
Charges
A charge registered on 01 Feb 2016 via Charge ID 10619994 with Others was fully satisfied on 31 Jan 2024.
Charges
A charge registered on 17 Jul 2015 via Charge ID 10584151 with Others was fully satisfied on 31 Jan 2024.
Charges
A charge registered on 05 Aug 2014 via Charge ID 10521347 with Others was fully satisfied on 09 Nov 2019.
Charges
A charge with Others of Rs. 1,721.25 Lakh registered on 01 Feb 2016 with Charge ID 10619994 was modified on 22 Feb 2017.
Charges
A charge with Others of Rs. 1,676.25 Lakh registered on 17 Jul 2015 with Charge ID 10584151 was modified on 22 Feb 2017.
Charges
A charge with Others of Rs. 365.00 Lakh registered on 05 Aug 2014 with Charge ID 10521347 was modified on 21 Feb 2017.
Charges
A charge with Others amounted to Rs. 1,721.25 Lakh with Charge ID 10619994 was registered on 01 Feb 2016.
Ceased
Dilipbhai Kantilal Panchal ceased to be Additional Director.
Charges
A charge registered on 30 Dec 2009 via Charge ID 10194933 with Oriental Bank Of Commerce was fully satisfied on 28 Jul 2015.
10 earlier events are in the company report.
Frequently asked questions
Pace Packaging Machines is an active private limited company based in Ahmedabad, Gujarat, India. The company works in packaging machinery and equipment, within the machinery and equipment industry. It was incorporated on 22 November 2002 (24+ years old) and is registered under CIN U29195GJ2002PTC041570.
Pace Packaging Machines has 4 current directors:
- Jitendrakumar Kantilal Panchal - Director
- Dilipbhai Kantilal Panchal - Director
- Dimple Dilip Panchal - Director
- Bharati Jitendrakumar Panchal - Director
The latest financial statements of Pace Packaging Machines 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 GSTIN of Pace Packaging Machines is 24AACCP9158K1Z1, registered in Gujarat.
The CIN (Corporate Identification Number) of Pace Packaging Machines is U29195GJ2002PTC041570. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pace Packaging Machines has 16 court cases on record: 10 filed by the company and 6 filed against it.
Pace Packaging Machines was incorporated on 22 November 2002, making it 24+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Pace Packaging Machines has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹22 Lakh; the latest was in December 2015.
The peers of Pace Packaging Machines by revenue are Clearpack Automation Private Limited, Pakona Engineers (India)Pvt Ltd, Acg Pampac Machines Private Limited, Nichrome India Limited, all in the Machinery and Equipment industry (Packaging Machines), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Bharati Jitendrakumar Panchal was appointed as Director on 26 Nov 2024. Dilipbhai Kantilal Panchal ceased to be Additional Director on 22 Sep 2015. Dilipbhai Kantilal Panchal was appointed as Director on 27 Mar 2015. Pace Packaging Machines has 5 board changes on record in total.
Yes, Pace Packaging Machines is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0023969).
Pace Packaging Machines has 17 MSME Form 1 returns on record between 2019 and 2023, listing 3,154 overdue payments to 174 micro and small suppliers. The latest return was filed on 02 Feb 2024.