About Pace Renewable Energies Private Limited
Data last updated: 07 April 2026
Pace Renewable Energies Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Pace Digitek Infra Private Limited. It specialises in solar energy solutions, a part of the broader environmental services sector. Incorporated on 31 March 2010, the company has been in operation for over 16 years.
Registered with ROC Bangalore under CIN U29307KA2010PTC053077.
Capital: an authorised share capital of ₹61 Cr and a paid-up capital of ₹38.22 Cr. It is led by directors including Maddisetty Padma and Rajiv Maddisetty.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Plot No. V – 12 Industrial Estate Kumbalgodu Bangalore – Mysore Highway, Karnataka, India – 560074.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.49 Cr, a decline of 68% compared to the previous year.
The company has a workforce of approximately 2 employees as per the latest available data. It operates as a subsidiary of Pace Digitek Infra Private Limited.
As per MCA filings, the company has open charges of ₹2,649.5 Cr and satisfied charges of ₹103.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pacepowerindia.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media**************
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Registered AddressPlot No. V – 12 Industrial Estate Kumbalgodu Bangalore – Mysore Highway, Karnataka, India – 560074
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IndustryEnvironment, Solar Energy Solutions
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Business Activity of Pace Renewable Energies Private Limited
Pace Renewable Energies Private Limited is engaged in the principal business activity of electricity, gas, steam and air condition supply, with detailed activities including electric power generation, transmission and distribution.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | ********* |
Auditor Details of Pace Renewable Energies Private Limited
Pace Renewable Energies Private Limited is audited by S S Kothari Mehta & Co. LLP for the financial year 2025. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S S Kothari Mehta & Co. LLP | blur-value | blur-value | blur-value |
Board of Directors of Pace Renewable Energies Private Limited
Pace Renewable Energies Private Limited is currently managed by 5 directors, with 4 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maddisetty Padma | Director | 31 Mar 2010 | 16 Years 3 Months | Current |
|
Rajiv Maddisetty
Also directs:
Pace Digitek Limited, Pace Ecoplanet Solace Private Limited, Transgreenx Energy Private Limited and 4 more
|
Director | 09 Jul 2019 | 7 Years 0 Months | Current |
|
Venugopalrao Maddisetty
Also directs:
Pace Digitek Limited, Pace Ecoplanet Solace Private Limited, Inso Pace Private Limited and 3 more
|
Director | 31 Mar 2010 | 16 Years 3 Months | Current |
Financials of Pace Renewable Energies Private Limited FY 2025 filings available
Pace Renewable Energies Private Limited reported revenue of ₹7.49 Cr (down 68% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.
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Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Shareholding Pattern of Pace Renewable Energies Private Limited
As of FY 2025, Pace Renewable Energies Private Limited's shareholding pattern shows 99.04% by promoters, 0.96% by public shareholders. The promoters hold a majority stake, indicating strong promoter control.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
Charges & Borrowings of Pace Renewable Energies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Aug 2025 | Others | ₹1,221.5 Cr | Open |
| 23 Jan 2024 | Canara Bank | ₹1,308 Cr | Open |
| 23 Jan 2024 | Canara Bank | ₹120 Cr | Open |
| 30 Jun 2014 | Canara Bank | ₹32.5 Cr | Satisfied |
| 20 Dec 2010 | Axis Bank Limited | ₹71 Cr | Satisfied |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Pace Renewable Energies Private Limited
Pace Renewable Energies Private Limited has a workforce of 2 employees as of Oct 10, 2025.
Employee Count & EPFO Data of Pace Renewable Energies Private Limited
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GST Compliance of Pace Renewable Energies Private Limited
GSTIN & GST Filing Data of Pace Renewable Energies Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Pace Renewable Energies Private Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Pace Renewable Energies Private Limited
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MSME Payment Delays by Pace Renewable Energies Private Limited
MSME Payment Delays by Pace Renewable Energies Private Limited
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Subsidiaries & Group Companies of Pace Renewable Energies Private Limited
Subsidiaries & Group Companies of Pace Renewable Energies Private Limited
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MCA Filings & Documents of Pace Renewable Energies Private Limited
MCA Filings & Documents of Pace Renewable Energies Private Limited
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Recent Activity on Pace Renewable Energies Private Limited
Frequently Asked Questions about Pace Renewable Energies Private Limited
Pace Renewable Energies Private Limited is an active private limited company in the environment sector based in Bangalore, Karnataka, India. It was incorporated on 31 March 2010 (16+ years old) and is registered under CIN U29307KA2010PTC053077. The company has 2 employees.
Pace Renewable Energies Private Limited reported revenue of ₹7.49 Cr for FY 2025 (down 68.00% YoY).
The current directors of Pace Renewable Energies Private Limited are:
- Maddisetty Padma
- Rajiv Maddisetty
- Venugopalrao Maddisetty
- Meghana Purushotham Manchaiah
- Pandidurai Rajavendhan
The primary industry of Pace Renewable Energies Private Limited is environment. The company specifically operates in solar energy solutions. The company is currently active in this sector.
Pace Renewable Energies Private Limited can be reached at the registered office: Plot No. V – 12 Industrial Estate Kumbalgodu Bangalore – Mysore Highway, Karnataka, India – 560074, or through the website pacepowerindia.com.
The authorised capital is ₹61 Cr, and the paid-up capital is ₹38.22 Cr.