About Pace Elevatore and Engineering Company Private Limited
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Pace Elevatore and Engineering Company Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 18 January 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29150MH2006PTC158973. The company has 4 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Madhuri Gajendra Jagtap and Raja Ram Gaikwad.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at D – 4 001 Green Fields Rocks End Chs. Ltd. J. V. Link Road Andheri (East), Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.53 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹5.91 Lakh (net margin 3.9%) and EBITDA of ₹11.24 Lakh (EBITDA margin 7.3%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years.
As per MCA filings, the company has open charges of ₹30 Lakh on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website paceelevators.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressD – 4 001 Green Fields Rocks End Chs. Ltd. J. V. Link Road Andheri (East), Mumbai, Maharashtra, India – 400093
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
- 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
Business Activity of Pace Elevatore and Engineering Company Private Limited
The main business activity of Pace Elevatore and Engineering Company is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | 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.
Financials of Pace Elevatore and Engineering Company Private Limited FY 2017 filings available
Pace Elevatore and Engineering Company Private Limited reported revenue of ₹1.53 Cr (up 7% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR) of Pace Elevatore and Engineering Company Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 18% over three years, including 7% growth in the latest year. EBITDA fell 16% 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 of Pace Elevatore and Engineering Company Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | ₹1.53 Cr | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | ₹11.24 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.91 Lakh | •••• | •••• |
| Balance Sheet | |||
| Share Capital | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• |
Financial Ratios of Pace Elevatore and Engineering Company Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 7.3% | •••• | •••• |
| Net Profit Margin | 3.9% | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• |
| Liquidity and Debt | |||
| Current Ratio | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• |
| Efficiency and Growth | |||
| Asset Turnover | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Pace Elevatore and Engineering Company are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Pace Elevatore and Engineering Company Private Limited
Pace Elevatore and Engineering Company Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Material Handling Equipment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Richard Engineering (Bombay) Private Limited | ₹1.55 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Thana, Maharashtra, India |
| Canara Dock Lifts Private Limited | ₹1.55 Cr (FY 2022) | •••• | •••• | -14.0% | •••• | Bangalore, Karnataka, India |
| Indodtm Automation Private Limited | ₹1.55 Cr (FY 2025) | •••• | •••• | -69.0% | •••• | Pune, Maharashtra, India |
| Blue Star Elevators (India) Limited | ₹1.55 Cr (FY 2025) | •••• | •••• | 73.0% | •••• | Mumbai, Maharashtra, India |
| Supermech Engineering India Private Limited | ₹1.54 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Pace Elevatore and Engineering Company Private Limited this company | ₹1.53 Cr (FY 2017) | •••• | •••• | 7.0% | •••• | Mumbai, Maharashtra, India |
| Ezee Lifting Equipments Private Limited | ₹1.52 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Greater Noida, Uttar Pradesh, India |
| Indo Fuji Electric Lifts Private Limited | ₹1.52 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | New Delhi, Delhi, India |
| Vishavkarma Mechanical Works Private Limited | ₹1.52 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Amargarh, Punjab, India |
| Exot Elevator Company Private Limited | ₹1.51 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Mumbai, Maharashtra, India |
| Swisser Instruments Private Limited | ₹1.5 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Pace Elevatore and Engineering Company by revenue in the Machinery and Equipment industry (Material Handling Equipment), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Pace Elevatore and Engineering Company Private Limited
Pace Elevatore and Engineering Company Private Limited is audited by M R SHARMA & CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M R SHARMA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Pace Elevatore and Engineering Company Private Limited
Pace Elevatore and Engineering Company has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhuri Gajendra Jagtap | Director | 24 Jan 2014 | 12 Years 8 Months | Current |
| Raja Ram Gaikwad | Additional Director | 05 Feb 2020 | 6 Years 8 Months | Current |
Ownership and Shareholding of Pace Elevatore and Engineering Company Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Pace Elevatore and Engineering Company Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Aug 2016 | Others | ₹30 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Pace Elevatore and Engineering Company Private Limited
Employment history and EPFO contributions of people linked to Pace Elevatore and Engineering Company.
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
Verified entity values are shown only after access is granted.
Recent Activity on Pace Elevatore and Engineering Company Private Limited
Pace Elevatore and Engineering Company Private Limited has 4 board changes on record since 2014: 2 appointments and 2 cessations. The latest: Gajendra Vishwanath Jagtap ceased to be Director on 05 Feb 2020.
Credit Ratings, Litigation & Regulatory Alerts for Pace Elevatore and Engineering Company Private 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
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Pace Elevatore and Engineering Company Private 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
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Pace Elevatore and Engineering Company Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Pace Elevatore and Engineering Company Private Limited
Pace Elevatore and Engineering Company has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Pace Elevatore and Engineering Company Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Pace Elevatore and Engineering Company Private Limited
Pace Elevatore and Engineering Company is an active private limited company based in Mumbai, Maharashtra, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 18 January 2006 (20+ years old) and is registered under CIN U29150MH2006PTC158973.
Pace Elevatore and Engineering Company reported revenue of ₹1.53 Cr for FY 2017 (up 7% YoY).
Pace Elevatore and Engineering Company has 2 current directors:
- Madhuri Gajendra Jagtap - Director
- Raja Ram Gaikwad - Additional Director
Pace Elevatore and Engineering Company reported a net profit of ₹5.91 Lakh (net margin 3.9%) and EBITDA of ₹11.24 Lakh (EBITDA margin 7.3%) for FY 2017, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Pace Elevatore and Engineering Company is 18% over three years. In the latest year (FY 2017) revenue rose 7%. CAGR is the steady yearly rate that links the first and the last year.
No. Pace Elevatore and Engineering Company has 4 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Pace Elevatore and Engineering Company is U29150MH2006PTC158973. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pace Elevatore and Engineering Company was incorporated on 18 January 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Pace Elevatore and Engineering Company by revenue are Richard Engineering (Bombay) Private Limited, Canara Dock Lifts Private Limited, Indodtm Automation Private Limited, Blue Star Elevators (India) Limited, Supermech Engineering India Private Limited and 5 more, all in the Machinery and Equipment industry (Material Handling Equipment).
Gajendra Vishwanath Jagtap ceased to be Director on 05 Feb 2020. Raja Ram Gaikwad was appointed as Additional Director on 05 Feb 2020. Karan Khushalchand Shah ceased to be Director on 15 Mar 2014. Pace Elevatore and Engineering Company has 4 board changes on record in total.
Pace Elevatore and Engineering Company can be reached through the website paceelevators.co.in. Its registered office is in Mumbai, Maharashtra, India.