Pace Renewable Energies Private Limited, a active private limited company, was established on 31 March 2010 in Bangalore, Karnataka, India. Engaging in solar energy solutions within the electricity, gas, steam and air condition supply sector, it holds CIN: U29307KA2010PTC053077. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹15.00 Cr and a paid-up capital of ₹10.44 Cr.
It upholds a compliant status. Employing 2 professional, Its leadership includes Maddisetty Padma (Director), Rajiv Maddisetty (Director), Venugopalrao Maddisetty (Director). Past directors included Kammisetty Vasudevakumar, Rajiv Maddisetty, Shaista Sharif. It holds ₹2,649.50 Cr open charges and ₹103.50 Cr settled loans. Its latest AGM occurred on 23 July 2024, with the balance sheet filed on 31 March 2024. It is based at Plot No. V-12, Industrial Estate, Kumbalgodu, Bangalore-Mysore Highway,, Bangalore, Karnataka, 560074.
U29307KA2010PTC053077
053077
31 March 2010
₹15.00 Cr
₹10.44 Cr
Roc Bangalore
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Maddisetty Padma | Director | 31 Mar 2010 | Current |
| Rajiv Maddisetty | Director | 09 Jul 2019 | Current |
| Venugopalrao Maddisetty | Director | 31 Mar 2010 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | 11 Jul 2014 | Past |
| Pramod Abcsdd | Additional Director | 30 Sep 2019 | Past |
| Pramod Abcsdd | Company Secretary | - | Past |
| Pramod Abcsdd | Company Secretary | - | Past |
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Pace Renewable Energies Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 61.84% decrease. The company also saw a substantial fall in profitability, with a 560.58% decrease in profit. The company's net worth dipped by a decrease of 4.9%.
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In 2023, Pace Renewable Energies had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹26,495,000,000.00
₹1,035,000,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Aug 2025 | Others | ₹1,221.50 Cr | Open |
| 23 Jan 2024 | Canara Bank | ₹120.00 Cr | Open |
| 23 Jan 2024 | Canara Bank | ₹1,308.00 Cr | Open |
| 30 Jun 2014 | Canara Bank | ₹32.50 Cr | Satisfied |
| 20 Dec 2010 | Axis Bank Limited | ₹71.00 Cr | Satisfied |
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Pace Renewable Energies has a workforce of 2 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Gain comprehensive insights into the Deals and Valuation data of Pace Renewable Energies, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Pace Renewable Energies's trajectory.
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Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Pandidurai Rajavendhan was appointed as a Cfo was appointed as a Cfo on 14 Nov 2025 & has been associated with this company since 15 days . was recorded as a recent event.
Progress on A charge with Others amounted to Rs. 1,221.50 Cr with Charge ID 101163273 was registered on 28 Aug 2025. was documented.
Progress on Meghana Purushotham Manchaiah was appointed as a Company Secretary was appointed as a Company Secretary on 21 Mar 2025 & has been associated with this company since 8 months 10 days . was documented.
Pace Renewable Energies Private Limited last Annual general meeting of members was held on 23 Jul 2024 as per latest MCA records. was recorded as a recent event.
Pace Renewable Energies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was recorded as a recent event.
The activity A charge with Canara Bank amounted to Rs. 120.00 Cr with Charge ID 100862349 was registered on 23 Jan 2024. was completed.
The CIN of Pace Renewable Energies Private Limited is U29307KA2010PTC053077.
Pace Renewable Energies Private Limited is headquartered at Plot No. V-12, Industrial Estate, Kumbalgodu, Bangalore-Mysore Highway,, Bangalore, Karnataka, 560074.
Pace Renewable Energies Private Limited was incorporated on 31 March 2010.
The current directors of Pace Renewable Energies Private Limited are
The primary industry of Pace Renewable Energies Private Limited is Electricity, Gas, Steam And Air Condition Supply.
Pace Renewable Energies Private Limited is unlisted.
The authorized capital of Pace Renewable Energies Private Limited is ₹15.00 Cr, and the paid-up capital is ₹10.44 Cr.
The compliance status of Pace Renewable Energies Private Limited is Compliant.
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