About Pace Developers Private Limited
Data last updated:
Pace Developers Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 23 June 1995.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U70101DL1995PTC070114. Its GSTIN is 07AAACP7232J1ZE (Delhi).
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.52 Lakh. It was led by directors Abhaiy Khanna and Sumira Khanna.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 3/7 Sarvapriya Vihar, New Delhi, Delhi, India – 110016.
As per the financials filed for FY 2023, the company reported a revenue of ₹43.85 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹4.65 Lakh (net margin 10.6%) and EBITDA of ₹6.36 Lakh (EBITDA margin 14.5%). Revenue has declined at a compounded annual rate (CAGR) of 54% over three years.
Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
The last known website on record is pacedevelopers.com.
Company details
CIN history
Pace Developers has one previous CIN (Corporate Identification Number): U74899DL1995PTC070114. The current CIN is U70101DL1995PTC070114, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70101DL1995PTC070114 | Current |
| U74899DL1995PTC070114 | Previous |
Contact details
Pace Developers Private Limited's registered office is in New Delhi, Delhi. Its website is pacedevelopers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address3/7 Sarvapriya Vihar, New Delhi, Delhi, India – 110016
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Pace Developers 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 Developers is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Pace Developers Private Limited, buy the company report.
Financials of Pace Developers Private Limited
FY 2023 filings availablePace Developers Private Limited reported revenue of ₹43.85 Lakh (up 151% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 151% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 54%. EBITDA rose 136% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹43.85 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹6.36 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.65 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.5% | ||||
| Net Profit Margin | 10.6% | ||||
| 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 Developers Private Limited, buy the company report.
Board of directors of Pace Developers Private Limited
Pace Developers has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhaiy Khanna Also directs: Pace Developers LLP, Pace Developers and Promoters Private Limited | Director | 14 Aug 2018 | 8 Years 2 Months | As last reported |
| Sumira Khanna Also directs: Pace Developers LLP, Pace Developers and Promoters Private Limited | Director | 23 Jun 1995 | 31 Years 4 Months | As last reported |
Auditor
Pace Developers Private Limited is audited by Singh Amandeep and Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Singh Amandeep and Associates | FY 2023 | 030355N |
Shareholding
The shareholding of Pace Developers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pace Developers Private Limited, buy the company report.
Legal cases
Pace Developers Private Limited has 1 court case on record: 1 filed by Pace Developers. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Salman Akbar Jaluddin Suspended Director of International Land Developers Pvt. Ltd. | Pending |
To see the full case history of Pace Developers 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
No delayed payments to MSME suppliers are on our record for Pace Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pace Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACP7232J1ZE | Delhi | Active | 29 Aug 2018 |
To see the full GST registrations and return filing status of Pace Developers Private Limited, buy the company report.
Recent activity
Pace Developers Private Limited has 5 board changes on record since 1995: 2 appointments and 3 cessations. The latest: Abhaiy Khanna ceased to be Additional Director on 29 Sep 2018.
Frequently asked questions
Pace Developers has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Pace Developers was a private limited company based in New Delhi, Delhi, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 23 June 1995 and is registered under CIN U70101DL1995PTC070114. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Pace Developers is U70101DL1995PTC070114. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pace Developers had 2 directors:
- Abhaiy Khanna - Director
- Sumira Khanna - Director
Pace Developers was incorporated on 23 June 1995. It is registered with the Registrar of Companies, Delhi.
Pace Developers can be reached through the website pacedevelopers.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Pace Developers is at 37 Sarvapriya Vihar, New Delhi, Delhi, India – 110016.
The latest financial statements of Pace Developers on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Pace Developers is 07AAACP7232J1ZE, registered in Delhi.
Pace Developers operated in the real estate and construction industry, in the real estate builders and developers segment.
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