About Pace Express Private Limited
Data last updated:
Pace Express Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the express logistics segment of the transport and logistics sector. It was incorporated on 12 February 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U64120MH1999PTC118343. Its GSTIN is 27AABCP3141P1Z7 (Maharashtra). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹11 Lakh. It is led by directors including Chris John Gracias and Suhail Mohammed Syed.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹156.49 Cr, a growth of 72% compared to the previous year. For the same year it recorded a net profit of ₹1.28 Cr (net margin 0.8%) and EBITDA of ₹2.34 Cr (EBITDA margin 1.5%). Revenue has grown at a compounded annual rate (CAGR) of 71% over three years and 70% over five years.
The company has about 89 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹17 Cr and satisfied charges of ₹1.13 Cr on record. Court records list 9 cases involving the company, including 6 filed by the company and 3 filed against it; 8 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website paceexp.com.
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- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressBuilding No 1 First Floor Unit No 103, Sona Udyog Premises Csl Parsi Panchayat Road, Mumbai, Maharashtra, India – 400069
- IndustryTransport and Logistics, Express Logistics
- 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 Express Private Limited
The main business activity of Pace Express is transport and storage. In detail, this covers postal & courier activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H7 | Postal & Courier activities | 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.
Auditor Details of Pace Express Private Limited
Pace Express Private Limited is audited by L D MOR & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| L D MOR & 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 Express Private Limited
Pace Express has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chris John Gracias Also directs: Holiday Recreations Villas LLP, S2c International LLP, Pace Export (India) Private Limited and 3 more | Director | 12 Feb 1999 | 27 Years 7 Months | Current |
| Suhail Mohammed Syed | Director | 05 May 2016 | 10 Years 5 Months | Current |
| Mehjabeen Chris Gracias Also directs: Pace Export (India) Private Limited | Director | 09 May 2024 | 2 Years 4 Months | Current |
| Daphyne Chris Gracias | Director | 05 May 2016 | 10 Years 5 Months | Current |
Financials of Pace Express Private Limited FY 2024 filings available
Pace Express Private Limited reported revenue of ₹156.49 Cr (up 72% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Pace Express Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 70% over five years, including 72% growth in the latest year. EBITDA rose 36% 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 Express Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.34 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.28 Cr | •••• | •••• | •••• | •••• |
| 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 Express Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.8% | •••• | •••• | •••• | •••• |
| 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 Express 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.
Ownership and Shareholding of Pace Express 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 Express Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 May 2025 | Others | ₹1 Cr | Open |
| 01 Aug 2023 | Others | ₹1 Cr | Open |
| 30 Jun 2023 | Others | ₹15 Cr | Open |
| 23 Mar 2016 | Others | ₹95 Lakh | Satisfied |
| 25 Sep 2002 | The Cosmos Co-Operative Bank Limited | ₹12 Lakh | Satisfied |
Total charge records: 6 View all charges
Employees and EPFO Compliance at Pace Express Private Limited
Pace Express Private Limited has a workforce of 89 employees as of Mar 31, 2024.
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.
GST Compliance of Pace Express Private Limited
Pace Express has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCP3141P1Z7 | Maharashtra | Active | 01 Jul 2017 |
| 27AABCP3141P2Z6 | Maharashtra | Active | 17 Feb 2021 |
| 29AABCP3141P1Z3 | Karnataka | Active | 26 Dec 2021 |
| 30AABCP3141P1ZK | Goa | Active | 24 May 2023 |
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.
Legal Cases of Pace Express Private Limited
Pace Express Private Limited has 9 court cases on record: 6 filed by Pace Express, 3 filed against it. 8 cases are pending and 1 is disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 3 | 8 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Shri Ganapa Tech Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against MVK Ecommerce Private Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Omm Shree Sai Services | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Summons For Judgement) | Filed against the company by an individual | Pending |
Full case history
All 9 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Credit Ratings, Litigation & Regulatory Alerts for Pace Express 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 Express 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 Express 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.
MCA Filings & Documents of Pace Express 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.
Recent Activity on Pace Express Private Limited
Frequently Asked Questions about Pace Express Private Limited
Pace Express is an active private limited company based in Mumbai, Maharashtra, India. The company works in express logistics, within the transport and logistics industry. It was incorporated on 12 February 1999 (27+ years old) and is registered under CIN U64120MH1999PTC118343.
Pace Express reported revenue of ₹156.49 Cr for FY 2025 (up 72% YoY).
Pace Express has 4 current directors:
- Chris John Gracias - Director
- Suhail Mohammed Syed - Director
- Mehjabeen Chris Gracias - Director
- Daphyne Chris Gracias - Director
Pace Express reported a net profit of ₹1.28 Cr (net margin 0.8%) and EBITDA of ₹2.34 Cr (EBITDA margin 1.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Pace Express is 71% over three years and 70% over five years. In the latest year (FY 2025) revenue rose 72%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Pace Express is 27AABCP3141P1Z7, registered in Maharashtra. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 27AABCP3141P2Z6 (Maharashtra), 29AABCP3141P1Z3 (Karnataka), 30AABCP3141P1ZK (Goa).
The CIN (Corporate Identification Number) of Pace Express is U64120MH1999PTC118343. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pace Express has 9 court cases on record: 6 filed by the company and 3 filed against it. 8 are pending.
Pace Express was incorporated on 12 February 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.