About Pace HR Innovations Private Limited
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Pace HR Innovations Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 04 November 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74900PN2009PTC134914. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Pooja Bhavesh Shah and Bhavesh Mansukhlal Shah.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Kumbare Borthers Near Sidhivinayak Temple Azad Nagar Kothrud, Pune, Maharashtra, India – 411029.
As per the financials filed for FY 2017, the company reported a revenue of ₹6.29 Lakh, a growth of 74% compared to the previous year. For the same year it recorded a net loss of ₹12,462 (net margin -2%) and EBITDA of ₹17,490 (EBITDA margin 2.8%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years.
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 hrinnovations.co.in.
Company details
Contact details
Pace HR Innovations Private Limited's registered office is in Pune, Maharashtra. Its website is hrinnovations.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressKumbare Borthers Near Sidhivinayak Temple Azad Nagar Kothrud, Pune, Maharashtra, India – 411029
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Pace HR Innovations 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
Financials of Pace HR Innovations Private Limited
FY 2017 filings availablePace HR Innovations Private Limited reported revenue of ₹6.29 Lakh (up 74% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 74% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA fell 50% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹6.29 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹17,490 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹12,462 | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 2.8% | ||
| Net Profit Margin | -2% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
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| Receivable Days | |||
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To see the full financial statements and ratios of Pace HR Innovations Private Limited, buy the company report.
Board of directors of Pace HR Innovations Private Limited
Pace HR Innovations has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pooja Bhavesh Shah | Director | 04 Nov 2009 | 16 Years 11 Months | Current |
| Bhavesh Mansukhlal Shah | Director | 04 Nov 2009 | 16 Years 11 Months | Current |
Auditor
Pace HR Innovations Private Limited is audited by A V DABAKE & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A V DABAKE & CO. | FY 2017 | 137039W |
Shareholding
The shareholding of Pace HR Innovations Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Pace HR Innovations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Pace HR Innovations Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Pace HR Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pace HR Innovations has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Pace HR Innovations Private Limited, buy the company report.
Recent activity
Pace HR Innovations Private Limited has 2 board changes on record since 2009: 2 appointments. The latest: Bhavesh Mansukhlal Shah was appointed as Director on 04 Nov 2009.
Frequently asked questions
Pace HR Innovations is an active private limited company based in Pune, Maharashtra, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 04 November 2009 (17+ years old) and is registered under CIN U74900PN2009PTC134914.
Pace HR Innovations has 2 current directors:
- Pooja Bhavesh Shah - Director
- Bhavesh Mansukhlal Shah - Director
The latest financial statements of Pace HR Innovations on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Pace HR Innovations has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Pace HR Innovations is U74900PN2009PTC134914. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pace HR Innovations was incorporated on 04 November 2009, making it 17+ years old. It is registered with the Registrar of Companies, Pune.
Bhavesh Mansukhlal Shah was appointed as Director on 04 Nov 2009. Pooja Bhavesh Shah was appointed as Director on 04 Nov 2009.
Pace HR Innovations can be reached through the website hrinnovations.co.in. Its registered office is in Pune, Maharashtra, India.
The registered office of Pace HR Innovations is at Kumbare Borthers Near Sidhivinayak Temple Azad Nagar Kothrud, Pune, Maharashtra, India – 411029.
Pace HR Innovations operates in the business outsourcing industry, in the HR outsourcing and talent management segment.
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