Pace Automation Limited Company Logo

Pace Automation Limited - Company Profile

It is a information technology public limited company based in Chennai, Tamil Nadu, India, established in 1989.

1989 | Chennai, Tamil Nadu, India | Active
Last Updated:

About Pace Automation Limited

Pace Automation Limited, a active public limited company, was established on 29 September 1989 in Chennai, Tamil Nadu, India. Engaging in saas (software as a service) providers within the information and communication sector, it holds CIN: L29141TN1989PLC018133. Registered under ROC Roc Chennai. it is listed. It has an authorized capital of ₹12.00 Cr and a paid-up capital of ₹5.52 Cr.

Formerly known as Pace Elcot Automation Ltd. It upholds a compliant status. In 2024, it reported revenue of ₹4.63 Cr and a net worth of ₹3.06 Cr. Employing 37 professional, Its leadership includes Sriperambadur Gopalakrishnan Chandru (Managing Director), Pramod Prabhakar Pange (Additional Director), Raghavan Suguna (Director). Past directors included Sriperambadur Gopalakrishnan Chandru, Meera Chandru, Raman. Its latest AGM occurred on 25 September 2024, with the balance sheet filed on 31 March 2024. It is based at No.2, Iii Street, Parameswari Nagar Adyar, Chennai, Tamil Nadu, 600020.

Company Details

  • CIN/LLPIN

    L29141TN1989PLC018133

  • Registration Number

    018133

  • Incorporation Date

    29 September 1989

  • Authorized Capital

    ₹12.00 Cr

  • Paid-Up Capital

    ₹5.52 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Listed

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 5.52 Cr
  • Company Age 36 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -20.54%
  • Profit Growth -47.20%
  • Ebitda -64.18%
  • Net Worth 37.77%
  • Total Assets 8.16%
Company report

Pace Automation Limited

Company Report FY 2025-2026

Explore comprehensive insights into Pace Automation Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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

Current Directors

NameDesignationAppointment DateStatus
Sriperambadur Gopalakrishnan ChandruManaging Director18 Oct 2002Current
Pramod Prabhakar PangeAdditional Director05 Apr 2025Current
Raghavan SugunaDirector14 Aug 2018Current
Sangeeta Ganpat PanchalAdditional Director28 Jan 2025Current
Malathy GopalakrishnanDirector31 Aug 2006Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector29 Sep 2014Past
Pramod AbcsddDirector29 Jan 2015Past
Pramod AbcsddDirector13 Feb 2016Past
Pramod AbcsddChief Financial Officer-Past
Pramod AbcsddDirector28 May 2019Past
Pramod AbcsddCompany Secretary-Past

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Financial Performance of Pace Automation.

Pace Automation Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 20.54% decrease. The company also saw a substantial fall in profitability, with a 47.2% decrease in profit. The company's net worth Soared by an impressive increase of 37.77%.

Pace Automation revenue growth over time
Pace Automation 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
-20.54%
Revenue from Operations
-24.59%
Total Assets
8.16%
Profit or Loss
-47.20%
Net Worth
37.77%
EBITDA
-64.18%

What is the Ownership and Shareholding Structure of Pace Automation?

In 2024, Pace Automation had a promoter holding of 68.38% and a public holding of 31.62%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

There are no open charges registered against the company as per our records.

How Many Employees Work at Pace Automation?

Pace Automation has a workforce of 37 employees as of Apr 02, 2025. 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.

Employee growth trends for Pace Automation Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Pace Automation, 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 Automation'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 Automation

Recent Activity within the Organization

  • Director Appointment

    The activity Pramod Prabhakar Pange was appointed as a Additional Director was appointed as a Additional Director on 05 Apr 2025 & has been associated with this company since 8 months 29 days . was completed.

  • Director Appointment

    Avudairaj was appointed as a Cfo was appointed as a Cfo on 04 Feb 2025 & has been associated with this company since 10 months 28 days . was recorded as a recent event.

  • Director Appointment

    The activity Sangeeta Ganpat Panchal was appointed as a Additional Director was appointed as a Additional Director on 28 Jan 2025 & has been associated with this company since 11 months 5 days . was completed.

  • Annual General Meeting

    The activity Pace Automation Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records. was completed.

  • Director Appointment

    Sweety Goyal was appointed as a Company Secretary was appointed as a Company Secretary on 29 Jun 2024 & has been associated with this company since 1 year 6 months . was recorded as a recent event.

  • Balance Sheet

    Pace Automation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Pace Automation Limited?

    The CIN of Pace Automation Limited is L29141TN1989PLC018133.

  • Where is Pace Automation Limited headquartered?

    Pace Automation Limited is headquartered at No.2, Iii Street, Parameswari Nagar Adyar, Chennai, Tamil Nadu, 600020.

  • When was Pace Automation Limited incorporated?

    Pace Automation Limited was incorporated on 29 September 1989.

  • Who are the current directors of Pace Automation Limited?

    The current directors of Pace Automation Limited are

  • What is the primary industry of Pace Automation Limited?

    The primary industry of Pace Automation Limited is Information And Communication.

  • Is Pace Automation Limited a listed company?

    Pace Automation Limited is listed.

  • What is the capital structure of Pace Automation Limited?

    The authorized capital of Pace Automation Limited is ₹12.00 Cr, and the paid-up capital is ₹5.52 Cr.

  • What is the compliance status of Pace Automation Limited?

    The compliance status of Pace Automation Limited is Compliant.

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