About Pace Internet Services Private Limited
Data last updated:
Pace Internet Services Private Limited is a private limited company based in Anand, Gujarat, India. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 19 October 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2011PTC067536. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹12 Lakh and a paid-up capital of ₹12 Lakh. It is led by directors including Thakernishit Manojkumar and Nandini Nishit Thaker.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Second Floor Shakti Complex Rajesh Society Beside Apc Anand – Vallabh Vidhyanagar, Road, Gujarat, India – 388001.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.83 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net loss of ₹5.79 Lakh (net margin -3.2%) and EBITDA of ₹2.16 Lakh (EBITDA margin 1.2%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website paceinternet.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressSecond Floor Shakti Complex Rajesh Society Beside Apc Anand – Vallabh Vidhyanagar, Road, Gujarat, India – 388001
- IndustryE-Commerce, General E-Commerce Platforms
- 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 Internet Services Private Limited
The main business activity of Pace Internet Services is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service 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.
Financials of Pace Internet Services Private Limited FY 2019 filings available
Pace Internet Services Private Limited reported revenue of ₹1.83 Cr (up 20% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Pace Internet Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 21% over three years, including 20% growth in the latest year. EBITDA fell 77% 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 Internet Services Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| 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 | ₹2.16 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹5.79 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 Internet Services Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -3.2% | •••• | •••• | •••• | •••• |
| 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 Internet Services 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.
Board of Directors of Pace Internet Services Private Limited
Pace Internet Services has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thakernishit Manojkumar | Director | 19 Oct 2011 | 15 Years 0 Months | Current |
| Nandini Nishit Thaker Also directs: Bee Media Network LLP, Evident Infocom Private Limited | Director | 21 Jan 2017 | 9 Years 8 Months | Current |
| Thaker Gitaben Manojkumar Also directs: Charotar Broadband Network Private Limited, Charotar Telelink Private Limited, Charotar Digital Network Private Limited and 4 more | Director | 21 Nov 2013 | 12 Years 10 Months | Current |
Peer Comparison of Pace Internet Services Private Limited
Pace Internet Services Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Broad Based Ecommerce). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Velkut Spices & Extracts Private Limited | ₹1.84 Cr (FY 2024) | •••• | •••• | 95.0% | •••• | Muvattupuzha, Kerala, India |
| Takso Hospitality Private Limited | ₹1.83 Cr (FY 2019) | •••• | •••• | 24.0% | •••• | Gurgaon, Haryana, India |
| S N Pandit Ayurvedic Company Private Limited | ₹1.83 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Mysore, Karnataka, India |
| Sahibtek Private Limited | ₹1.83 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | New Delhi, Delhi, India |
| Global Stationers India Private Limited | ₹1.83 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Delhi, India |
| Pace Internet Services Private Limited this company | ₹1.83 Cr (FY 2019) | •••• | •••• | 20.0% | •••• | Anand, Gujarat, India |
| Zipker Online Services Private Limited | ₹1.83 Cr (FY 2018) | •••• | •••• | -24.0% | •••• | Delhi, India |
| Abcde Technologies Private Limited | ₹1.83 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Bangalore, Karnataka, India |
| RSK Techtraders Private Limited | ₹1.82 Cr (FY 2023) | •••• | •••• | •••• | Tiruchirappalli, Tamil Nadu, India | |
| Moni Impex Private Limited | ₹1.81 Cr (FY 2019) | •••• | •••• | 1.0% | •••• | Chennai, Tamil Nadu, India |
| Food Cloud Private Limited | ₹1.8 Cr (FY 2024) | •••• | •••• | 18.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Pace Internet Services by revenue in the Ecommerce and Internet industry (Broad Based Ecommerce), 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 Internet Services Private Limited
Pace Internet Services Private Limited is audited by UPENDRA K SHAH & CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| UPENDRA K SHAH & 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.
Ownership and Shareholding of Pace Internet Services 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 Internet Services Private Limited
Pace Internet Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Pace Internet Services Private Limited
Employment history and EPFO contributions of people linked to Pace Internet Services.
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 Internet Services Private Limited
Pace Internet Services Private Limited has 6 board changes on record since 2011: 3 appointments and 3 cessations. The latest: Nandini Nishit Thaker ceased to be Additional Director on 29 Sep 2017.
Credit Ratings, Litigation & Regulatory Alerts for Pace Internet Services 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 Internet Services 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 Internet Services 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 Internet Services Private Limited
Pace Internet Services has 1 GST registration on record, and it has been cancelled or is 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 Internet Services 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 Internet Services Private Limited
Pace Internet Services is an active private limited company based in Anand, Gujarat, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 19 October 2011 (15+ years old) and is registered under CIN U72900GJ2011PTC067536.
Pace Internet Services reported revenue of ₹1.83 Cr for FY 2019 (up 20% YoY).
Pace Internet Services has 3 current directors:
- Thakernishit Manojkumar - Director
- Nandini Nishit Thaker - Director
- Thaker Gitaben Manojkumar - Director
Pace Internet Services reported a net loss of ₹5.79 Lakh (net margin -3.2%) and EBITDA of ₹2.16 Lakh (EBITDA margin 1.2%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Pace Internet Services is 21% over three years. In the latest year (FY 2019) revenue rose 20%. CAGR is the steady yearly rate that links the first and the last year.
No. Pace Internet Services has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Pace Internet Services is U72900GJ2011PTC067536. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pace Internet Services was incorporated on 19 October 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Pace Internet Services by revenue are Velkut Spices & Extracts Private Limited, Takso Hospitality Private Limited, S N Pandit Ayurvedic Company Private Limited, Sahibtek Private Limited, Global Stationers India Private Limited and 5 more, all in the Ecommerce and Internet industry (Broad Based Ecommerce).
Nandini Nishit Thaker ceased to be Additional Director on 29 Sep 2017. Darshak Arvindbhai Modi ceased to be Director on 21 Jan 2017. Nandini Nishit Thaker was appointed as Director on 21 Jan 2017. Pace Internet Services has 6 board changes on record in total.
Pace Internet Services can be reached through the website paceinternet.in. Its registered office is in Anand, Gujarat, India.