About Pace Packaging Machines Private Limited
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Pace Packaging Machines Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the packaging machinery and equipment segment of the machinery and industrial equipment sector. It was incorporated on 22 November 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29195GJ2002PTC041570. Its GSTIN is 24AACCP9158K1Z1 (Gujarat).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹27 Lakh. It is led by directors including Jitendrakumar Kantilal Panchal and Dilipbhai Kantilal Panchal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 377 – A Road No.9 GIDC Kathwada, Ahmedabad, Gujarat, India – 382430.
As per the financials filed for FY 2025, the company reported a revenue of ₹167.55 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹19.38 Cr (net margin 11.6%) and EBITDA of ₹29.98 Cr (EBITDA margin 17.9%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 8% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Pace Packaging Machines. As per MCA filings, the company has satisfied charges of ₹40.89 Cr on record. Court records list 10 cases involving the company, including 10 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pacepackaging.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No. 377 – A Road No.9 GIDC Kathwada, Ahmedabad, Gujarat, India – 382430
- IndustryMachinery and Equipment, Packaging Machinery & 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
Associated Brands with Pace Packaging Machines Private Limited
Pace Packaging Machines operates one associated brand: Pace Packaging Machines. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures VFFS machines and accessories for snacks food packaging industry. | pacepackaging.in |
Competitors & Alternatives of Pace Packaging Machines Private Limited
Brands and companies operating in the same space as Pace Packaging Machines Private Limited include ILPRA SpA, Paxiom, Fogg Filler and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 ILPRA SpA | Filling and sealing machines are manufactured for packaging applications. | Mortara, Italy | 1955 |
 Paxiom | Automated packaging machinery is manufactured for industrial applications. | Las Vegas, United States | 1989 |
 Fogg Filler | Designs and manufactures rotary filling, rinsing, capping, sorting and enclosure systems | Holland, United States | 1956 |
 Fres-co | Offers innovative flexible packaging solutions for coffee, dairy, beverages, foods, and chemicals sectors. | Telford, United States | 1978 |
 Valco Melton | Provides equipment for adhesive dispensing, quality inspection, and coating in manufacturing processes. | Cincinnati, United States | 1952 |
 Herrmann Ultraschall | Produces high-quality welding, punching, and sealing solutions for industries. | Karlsruhe, Germany | 1961 |
 Nordson EFD | Produces high-quality fluid filling systems for industrial applications. | East Providence, United States | 1963 |
 TORR Industries | Offers equipment for liquid filling, packaging, and dispensing in multiple industries. | Redding, United States | 2007 |
 Sipepl | Manufactures automated plants for margarine, shortening, and food processing equipment. | Bengaluru, India | 1993 |
 SealValue | Produces security seals like plastic and metal for transportation and logistics sectors. | Tallinn, Estonia | 2002 |
Business Activity of Pace Packaging Machines Private Limited
The main business activity of Pace Packaging Machines is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | 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 Packaging Machines Private Limited
Auditor information for Pace Packaging Machines Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors of Pace Packaging Machines Private Limited
Pace Packaging Machines has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jitendrakumar Kantilal Panchal | Director | 22 Nov 2002 | 23 Years 10 Months | Current |
| Dilipbhai Kantilal Panchal | Director | 27 Mar 2015 | 11 Years 6 Months | Current |
| Dimple Dilip Panchal | Director | 22 Nov 2002 | 23 Years 10 Months | Current |
| Bharati Jitendrakumar Panchal | Director | 26 Nov 2024 | 1 Years 10 Months | Current |
Financials of Pace Packaging Machines Private Limited FY 2025 filings available
Pace Packaging Machines Private Limited reported revenue of ₹167.55 Cr (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Pace Packaging Machines Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 13% growth in the latest year. EBITDA rose 33% 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 Packaging Machines Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹29.98 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹19.38 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Pace Packaging Machines Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 11.6% | •••• | •••• | •••• | •••• |
| 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 Packaging Machines 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 Packaging Machines 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 Packaging Machines Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Feb 2016 | Others | ₹17.21 Cr | Satisfied |
| 17 Jul 2015 | Others | ₹16.76 Cr | Satisfied |
| 05 Aug 2014 | Others | ₹3.65 Cr | Satisfied |
| 30 Dec 2009 | Oriental Bank of Commerce | ₹26 Lakh | Satisfied |
| 23 Apr 2007 | Oriental Bank of Commerce | ₹3 Cr | Satisfied |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Pace Packaging Machines Private Limited
Pace Packaging Machines Private Limited has a workforce of 19 employees as of Dec 03, 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 Packaging Machines Private Limited
Pace Packaging Machines has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCP9158K1Z1 | Gujarat | 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
- 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 Packaging Machines Private Limited
Pace Packaging Machines Private Limited has 10 court cases on record: 10 filed by Pace Packaging Machines. All cases are disposed. Status as checked between 02 Oct 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 0 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (SPCS) | Filed by the company against Badri Vishal Agro Private Limited | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed by the company against Harley Food Products Private Limited | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST S) | Filed by the company against Sushma Snacks Private Limited | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST S) | Filed by the company against Excelus Foodbev Private Limited | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST S) | Filed by the company against Badri Vishal Agro Private Limited | Disposed |
Full case history
All 10 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 Packaging Machines 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 Packaging Machines 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 Packaging Machines 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 Packaging Machines 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 Packaging Machines Private Limited
Frequently Asked Questions about Pace Packaging Machines Private Limited
Pace Packaging Machines is an active private limited company based in Ahmedabad, Gujarat, India. The company works in packaging machinery and equipment, within the machinery and equipment industry. It was incorporated on 22 November 2002 (24+ years old) and is registered under CIN U29195GJ2002PTC041570.
Pace Packaging Machines reported revenue of ₹167.55 Cr for FY 2025 (up 13% YoY).
Pace Packaging Machines has 4 current directors:
- Jitendrakumar Kantilal Panchal - Director
- Dilipbhai Kantilal Panchal - Director
- Dimple Dilip Panchal - Director
- Bharati Jitendrakumar Panchal - Director
Pace Packaging Machines reported a net profit of ₹19.38 Cr (net margin 11.6%) and EBITDA of ₹29.98 Cr (EBITDA margin 17.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Pace Packaging Machines is 15% over three years and 8% over five years. In the latest year (FY 2025) revenue rose 13%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Pace Packaging Machines is 24AACCP9158K1Z1, registered in Gujarat.
The CIN (Corporate Identification Number) of Pace Packaging Machines is U29195GJ2002PTC041570. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pace Packaging Machines has 10 court cases on record: 10 filed by the company.
Pace Packaging Machines was incorporated on 22 November 2002, making it 24+ years old. It is registered with the Registrar of Companies, Ahmedabad.