About Pace E-Commerce Ventures Limited
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Pace E-Commerce Ventures Limited is a public limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the sports equipment retail and distribution segment of the consumer goods sector. It was incorporated on 05 August 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN L11049PN2015PLC156068. Its GSTIN is 24AAICP2370F1ZM (Gujarat). The company holds 2 GST registrations, all of them active. It is a listed company.
The company has an authorised share capital of ₹24 Cr and a paid-up capital of ₹22.53 Cr. It was formerly known as Pace Sports and Entertainment Private Limited and Pace E-Commerce Ventures Private Limited. It is led by directors including Shaival Dharmendra Gandhi (Managing Director) and Hiral Rasikbhai Vaghasiya.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Anugrah Bunglow Street4 Pallod Farms II Shambhu Vihar Society Nankude Vasti Au, Ndh Pune, Maharashtra, India – 411045.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹100.04 Cr, a growth of 38.7% compared to the previous year. For the same year it recorded a net profit of ₹3.78 Cr (net margin 3.8%) and EBITDA of ₹5.64 Cr (EBITDA margin 5.6%).
The company has about 6 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Pace E-Commerce Ventures and Cot & Candy. As per MCA filings, the company has open charges of ₹10.44 Cr and satisfied charges of ₹80 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cotandcandy.com.
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- Registered AddressAnugrah Bunglow Street4 Pallod Farms II Shambhu Vihar Society Nankude Vasti Au, Ndh Pune, Maharashtra, India – 411045
- IndustryConsumer Goods, Sports Equipment Retail & Distribution
- 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
- One PDF report, delivered after checkout
Name History of Pace E-Commerce Ventures Limited
Pace E-Commerce Ventures has undergone 2 name changes throughout its history. The company was previously known as Pace Sports And Entertainment Private Limited, and Pace E-Commerce Ventures Private Limited. The current legal name is Pace E-Commerce Ventures Limited.
| Company Name | Status |
|---|---|
| Pace E-Commerce Ventures Limited | Current |
| Pace Sports And Entertainment Private Limited | Previous |
| Pace E-Commerce Ventures Private Limited | Previous |
CIN History of Pace E-Commerce Ventures Limited
Pace E-Commerce Ventures has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L11049PN2015PLC156068, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L11049PN2015PLC156068 | Current |
| U51909PN2015PTC156068 | Previous |
| U51909PN2015PLC156068 | Previous |
| L51909PN2015PLC156068 | Previous |
Associated Brands with Pace E-Commerce Ventures Limited
Pace E-Commerce Ventures operates two associated brands: Pace E-Commerce Ventures and Cot & Candy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers innovative products through ecommerce brands for lifestyle enhancement. | pacevltd.com | |
| Multi-category kids' products are offered via an internet-first brand. | cotandcandy.com |
Competitors & Alternatives of Pace E-Commerce Ventures Limited
Brands and companies operating in the same space as Pace E-Commerce Ventures Limited include FirstCry, Quince, Jaypore and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 FirstCry | Online platform offering a wide range of baby, kids, and maternity products | Pune, India | 2010 |
 Quince | Multi-category fashion products are offered online for men and women. | San Francisco, United States | 2018 |
 Jaypore | Handcrafted and artisanal products are sold via an e-commerce platform. | Delhi, India | 2011 |
 Newmi | Products and services for women's health and wellness are provided. | Gurugram, India | 2021 |
 Karghewale | Handlooms and crafts apparel are retailed for the fashion industry. | Khargone, India | 2020 |
 India Circus | Custom-made lifestyle brand for fashion accessories and home decor etc. | Mumbai, India | 2011 |
 Jollee | Multi-category mom and baby care products are retailed online. | Gurugram, India | 2022 |
 Lemonade | Eco-friendly multi-category products are sold online by Lemonade. | Gurugram, India | 2022 |
 Babyoye | Online portal for baby products, pregnancy infant-care and mother-care products | Bengaluru, India | 2010 |
 My Recharge | Digital payment services are facilitated via wallet-enabled platform. | Jaipur, India | 2010 |
Business Activity of Pace E-Commerce Ventures Limited
The main business activity of Pace E-Commerce Ventures is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Board of Directors of Pace E-Commerce Ventures Limited
Pace E-Commerce Ventures has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shaival Dharmendra Gandhi Also directs: Aarien Pure Waters Limited, Wigglewink Ventures Private Limited | Managing Director | 22 Jan 2020 | 6 Years 8 Months | Current |
| Hiral Rasikbhai Vaghasiya Also directs: Believe International Limited | Director | 25 Jun 2022 | 4 Years 3 Months | Current |
| Mihirkumar Atulbhai Sojitra Also directs: Believe International Limited, Ajwa Projects Limited | Director | 19 Aug 2022 | 4 Years 1 Months | Current |
| Harshal Chandrakant Gala Also directs: Aarien Pure Waters Limited | Director | 25 Jun 2022 | 4 Years 3 Months | Current |
Financials of Pace E-Commerce Ventures Limited FY 2025-26 filings available
Pace E-Commerce Ventures Limited reported revenue of ₹100.04 Cr (up 38.7% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 100 | 72.14 | 42.81 | 28.37 | 10.46 | 1.70 | 1.49 |
| Revenue growth | +38.7% | +68.5% | +50.9% | +171.2% | +515.3% | +14.1% | - |
| EBITDA | 5.64 | 4.34 | 3.29 | 1.39 | 0.93 | 0.32 | 0.04 |
| EBITDA margin | +5.6% | +6.0% | +7.7% | +4.9% | +8.9% | +18.8% | +2.7% |
| Profit before tax | 5.00 | 4.33 | 3.28 | 0.77 | 0.74 | 0.10 | (0.02) |
| Net profit | 3.78 | 3.30 | 2.39 | 0.63 | 0.54 | 0.07 | (0.02) |
| Net profit margin | +3.8% | +4.6% | +5.6% | +2.2% | +5.2% | +4.1% | -1.3% |
| EPS (₹) | 1.67 | 1.47 | 1.06 | 0.28 | 0.30 | 0.04 | 3.40 |
| Balance sheet | |||||||
| Total assets | - | 87.97 | 77.45 | 73.95 | 30.12 | 26.93 | 1.29 |
| Net worth | - | 76.22 | 72.92 | 70.52 | 26.50 | 25.95 | 0.07 |
| Total debt | - | 11.74 | 4.53 | 3.42 | 1.42 | 0.97 | 1.22 |
| Cash & bank | - | 0.46 | 0.35 | 0.64 | 0.14 | 0.14 | 0.11 |
| Net working capital | - | 23.29 | 13.28 | 15.03 | 4.38 | 1.21 | 1.25 |
| Cash flow | |||||||
| Cash from operations | - | (1.59) | 2.53 | (41.38) | (2.29) | (2.82) | 0.00 |
| Cash from investing | - | (0.97) | (4.08) | (0.35) | (0.03) | (22.52) | 0.03 |
| Cash from financing | - | 2.67 | 1.27 | 42.23 | 2.31 | 25.37 | 0.02 |
Financial Statements
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 100 | 72.14 | 42.81 | 28.37 | 10.46 | 1.70 | 1.49 |
| Revenue growth | +38.7% | +68.5% | +50.9% | +171.2% | +515.3% | +14.1% | - |
| Other income | 2.14 | 2.01 | 1.17 | 0.03 | 0.05 | 0.02 | 0.01 |
| Total expenses | 94.40 | 67.80 | 39.52 | 26.98 | 9.53 | 1.38 | 1.45 |
| Employee cost | 0.00 | 1.11 | 0.80 | 0.20 | 0.16 | 0.03 | 0.04 |
| EBITDA | 5.64 | 4.34 | 3.29 | 1.39 | 0.93 | 0.32 | 0.04 |
| EBITDA margin | +5.6% | +6.0% | +7.7% | +4.9% | +8.9% | +18.8% | +2.7% |
| Depreciation | 0.79 | 0.96 | 0.40 | 0.02 | 0.02 | 0.01 | 0.01 |
| Interest | 1.99 | 1.06 | 0.78 | 0.63 | 0.22 | 0.23 | 0.06 |
| Profit before tax | 5.00 | 4.33 | 3.28 | 0.77 | 0.74 | 0.10 | (0.02) |
| Tax | 1.22 | 1.03 | 0.89 | 0.14 | 0.20 | 0.03 | 0.00 |
| Net profit | 3.78 | 3.30 | 2.39 | 0.63 | 0.54 | 0.07 | (0.02) |
| Net profit margin | +3.8% | +4.6% | +5.6% | +2.2% | +5.2% | +4.1% | -1.3% |
| EPS (₹) | 1.67 | 1.47 | 1.06 | 0.28 | 0.30 | 0.04 | 3.40 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | - | 22.53 | 22.53 | 22.53 | 18.32 | 18.32 | 0.01 |
| Reserves & surplus | - | 53.69 | 50.39 | 47.99 | 8.18 | 7.63 | 0.06 |
| Shareholders' funds (net worth) | - | 76.22 | 72.92 | 70.52 | 26.50 | 25.95 | 0.07 |
| Secured loans | - | 11.08 | 3.71 | 3.23 | 1.42 | 0.94 | 0.08 |
| Unsecured loans | - | 0.66 | 0.82 | 0.19 | 0.00 | 0.03 | 1.14 |
| Total debt | - | 11.74 | 4.53 | 3.42 | 1.42 | 0.97 | 1.22 |
| Total liabilities | - | 87.97 | 77.45 | 73.95 | 30.12 | 26.93 | 1.29 |
| Assets | |||||||
| Gross block | - | 27.65 | 26.77 | 22.81 | 22.63 | 22.60 | 0.08 |
| Net block | - | 26.22 | 26.30 | 22.71 | 22.55 | 22.54 | 0.02 |
| Capital work in progress | - | 0.35 | 0.26 | 0.17 | 0.00 | 0.00 | 0.00 |
| Investments | - | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 |
| Inventories | - | 8.90 | 9.36 | 1.56 | 1.92 | 1.10 | 0.54 |
| Sundry debtors | - | 6.70 | 1.08 | 8.46 | 2.81 | 0.54 | 0.37 |
| Cash & bank balances | - | 0.46 | 0.35 | 0.64 | 0.14 | 0.14 | 0.11 |
| Loans & advances | - | 13.86 | 8.59 | 5.43 | 1.81 | 0.37 | 0.52 |
| Total current assets | - | 29.92 | 19.38 | 16.09 | 6.68 | 2.15 | 1.54 |
| Total current liabilities | - | 6.63 | 6.10 | 1.06 | 2.30 | 0.94 | 0.29 |
| Net working capital | - | 23.29 | 13.28 | 15.03 | 4.38 | 1.21 | 1.25 |
| Total assets | - | 87.97 | 77.45 | 73.95 | 30.12 | 26.93 | 1.29 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | - | 0.35 | 0.64 | 0.14 | 0.14 | 0.11 | 0.07 |
| Net cash from operating activities | - | (1.59) | 2.53 | (41.38) | (2.29) | (2.82) | 0.00 |
| Net cash from investing activities | - | (0.97) | (4.08) | (0.35) | (0.03) | (22.52) | 0.03 |
| Net cash from financing activities | - | 2.67 | 1.27 | 42.23 | 2.31 | 25.37 | 0.02 |
| Net change in cash | - | 0.11 | (0.28) | 0.50 | 0.00 | 0.03 | 0.05 |
| Closing cash | - | 0.46 | 0.35 | 0.64 | 0.14 | 0.14 | 0.11 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +38.7% | +68.5% | +50.9% | +171.2% | +515.3% | +14.1% | - |
| EBITDA growth | +30.0% | +31.9% | +136.7% | +49.5% | +190.6% | +700.0% | - |
| PBT growth | +15.5% | +32.0% | +326.0% | +4.1% | +640.0% | +9998.0% | +9997.0% |
| Net income growth | +14.6% | +38.1% | +279.4% | +16.7% | +671.4% | +450.0% | - |
| Revenue CAGR (3Y) | +52.2% | +90.4% | +193.1% | +167.0% | - | - | - |
| EBITDA CAGR (3Y) | +59.5% | +67.1% | +117.4% | +226.3% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +3.8% | +4.6% | +5.6% | +2.2% | +5.2% | +4.1% | -1.3% |
| Return on capital employed | - | +6.5% | +5.4% | +2.7% | +3.3% | +2.3% | +4.7% |
| Return on net worth | - | +4.4% | +3.3% | +1.3% | +2.1% | +0.5% | 0.0% |
| Debt / equity | - | 0.11 | 0.06 | 0.05 | 0.05 | 0.08 | 17.29 |
| Long-term debt / equity | - | 0.04 | 0.03 | 0.03 | 0.03 | 0.07 | 17.29 |
| Interest cover | 41.03 | 31.36 | 26.99 | 45.99 | 24.18 | 74.19 | 200.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 2.65 | 1.73 | 1.25 | 0.46 | 0.15 | 18.63 |
| Inventory turnover | - | 7.90 | 7.84 | 16.30 | 6.95 | 2.07 | 2.76 |
| Debtors turnover | - | 18.54 | 8.97 | 5.03 | 6.27 | 3.74 | 4.03 |
| EPS (₹) | 1.67 | 1.47 | 1.06 | 0.28 | 0.30 | 0.04 | 3.40 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 33.83 | 32.36 | 31.30 | 14.46 | 14.17 | 72.40 |
Charges & Borrowings of Pace E-Commerce Ventures Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Sep 2024 | State Bank of India | ₹9.75 Cr | Open |
| 21 Sep 2023 | Others | ₹34.63 Lakh | Open |
| 31 Aug 2023 | Others | ₹34.1 Lakh | Open |
| 12 Jul 2022 | Hdfc Bank Limited | ₹80 Lakh | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Pace E-Commerce Ventures Limited
Employment history and EPFO contributions of people linked to Pace E-Commerce Ventures.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Pace E-Commerce Ventures Limited
Pace E-Commerce Ventures has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICP2370F1ZM | Gujarat | Active | 01 Jul 2017 |
| 27AAICP2370F1ZG | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
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Credit Ratings, Litigation & Regulatory Alerts for Pace E-Commerce Ventures Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
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- Director-linked violations
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MSME Payment Delays by Pace E-Commerce Ventures Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Pace E-Commerce Ventures Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
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MCA Filings & Documents of Pace E-Commerce Ventures Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
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- Complete filing index
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Recent Activity on Pace E-Commerce Ventures Limited
Frequently Asked Questions about Pace E-Commerce Ventures Limited
Pace E-Commerce Ventures is an active public limited company based in Pune, Maharashtra, India. The company works in sports equipment retail and distribution, within the consumer goods industry. It was incorporated on 05 August 2015 (11+ years old) and is registered under CIN L11049PN2015PLC156068.
Pace E-Commerce Ventures reported revenue of ₹100.04 Cr for FY 2025-26 (up 38.7% YoY) based on standalone financials.
Pace E-Commerce Ventures has 4 current directors:
- Shaival Dharmendra Gandhi - Managing Director
- Hiral Rasikbhai Vaghasiya - Director
- Mihirkumar Atulbhai Sojitra - Director
- Harshal Chandrakant Gala - Director
The GSTIN of Pace E-Commerce Ventures is 24AAICP2370F1ZM, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAICP2370F1ZG (Maharashtra).
The CIN (Corporate Identification Number) of Pace E-Commerce Ventures is L11049PN2015PLC156068. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes, Pace E-Commerce Ventures is a listed company.
Pace E-Commerce Ventures was incorporated on 05 August 2015, making it 11+ years old. It is registered with the Registrar of Companies, Pune.
Yes, Pace E-Commerce Ventures is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Pace E-Commerce Ventures can be reached through the website cotandcandy.com. Its registered office is in Pune, Maharashtra, India.