Pace Sea Foods Private Limited - Company Profile

It is a agriculture private limited company based in Visakhapatnam, Andhra Pradesh, India, established in 1994.
1994 Visakhapatnam, Andhra Pradesh, India Active
Last Updated:
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About Pace Sea Foods Private Limited

Pace Sea Foods Private Limited, a active private limited company, was established on 03 October 1994 in Visakhapatnam, Andhra Pradesh, India. Engaging in fisheries & aquaculture within the agriculture, forestry, fishing sector, it holds CIN: U05005AP1994PTC018454. Registered under ROC Roc Vijayawada. it is unlisted. It has an authorized capital of ₹8.00 M and a paid-up capital of ₹3.00 M.

It upholds a compliant status. Its leadership includes Sreenivas Vasireddy (Director), Pramod Kumar Pothuneedi (Managing Director), Narasimha Swamy Sanka (Director). It holds ₹9.58 M open charges and ₹12.93 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 8-1-97/ 3 & 4, Ninithaas Highs, Pedawaltair, Prasanthi Nagar,, Visakhapatnam, Andhra Pradesh, 530017.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U05005AP1994PTC018454

  • Registration Number

    018454

  • Incorporation Date

    03 October 1994

  • Authorized Capital

    ₹8.00 M

  • Paid-Up Capital

    ₹3.00 M

  • ROC Code

    Roc Vijayawada

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 8.00 M
  • Paid Up Capital ₹ 3.00 M
  • Company Age 31 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.58 M
  • Satisfied Charges ₹ 12.93 Cr
  • Revenue Growth **** %
  • Profit Growth **** -13993.66%
  • Ebitda **** 18.80%
  • Net Worth 3.21%
  • Total Assets **** 176.31%
Company report

Pace Sea Foods Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Pace Sea Foods Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Pace Sea Foods Private Limited?
Current Directors
Name Designation Appointment Date Status
Sreenivas Vasireddy Director 30 Dec 1995 Current
Pramod Kumar Pothuneedi Managing Director 03 Oct 1994 Current
Narasimha Swamy Sanka Director 03 Oct 1994 Current

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Financial Performance of Pace Sea Foods.

Pace Sea Foods Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 13993.66% decrease in profit. The company's net worth moved up by a moderate rise of 3.21%.

Pace Sea Foods revenue growth over time
Pace Sea Foods profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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Revenue from Operations
*******
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*******
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*******
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Total Assets
*******
 176.31%
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*******
*******
Profit or Loss
*******
 -13993.66%
*******
*******
*******
*******
Net Worth
*******
 3.21%
*******
*******
*******
*******
EBITDA
*******
 18.80%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Pace Sea Foods?

In 2022, Pace Sea Foods had a public holding of 50.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹9,582,540.00

Satisfied Charges

₹129,262,000.00

Charges Breakdown by Lending Institutions
  • Bank Of India : 0.80 Cr
  • Lakshmi General Finance Ltd : 0.16 Cr
Latest Charge Details
Date Lender Amount Status
26 Jul 2003 Lakshmi General Finance Ltd ₹0.29 M Open
14 Dec 2002 Bank Of India ₹8.00 M Open
27 Aug 2002 Lakshmi General Finance Ltd ₹0.34 M Open
07 Aug 2002 Lakshmi General Finance Ltd ₹0.69 M Open
04 Dec 2001 Lakshmi General Finance Ltd ₹0.27 M Open

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How Many Employees Work at Pace Sea Foods?

Unlock and access historical data on people associated with Pace Sea Foods, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Pace Sea Foods, 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 Sea Foods's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

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.

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Latest Updates, News, and FAQs on Pace Sea Foods
Recent Activity within the Organization
  • Charges

    The activity A charge registered on 11 Dec 2000 via Charge ID 90121478 with Bank Of India was fully satisfied on 07 Oct 2024. was completed.

  • Annual General Meeting

    The activity Pace Sea Foods Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Pace Sea Foods Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada. was completed.

  • Charges

    A charge registered on 26 Feb 2001 via Charge ID 90122949 with Bank Of India was fully satisfied on 04 Mar 2023. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 14 Dec 2000 via Charge ID 90121479 with Bank Of India was fully satisfied on 04 Mar 2023. was documented.

  • Charges

    A charge registered on 06 Dec 1999 via Charge ID 90121386 with Bank Of India was fully satisfied on 04 Mar 2023. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Pace Sea Foods Private Limited?

The CIN of Pace Sea Foods Private Limited is U05005AP1994PTC018454.

Where is Pace Sea Foods Private Limited headquartered?

Pace Sea Foods Private Limited is headquartered at 8-1-97/ 3 & 4, Ninithaas Highs, Pedawaltair, Prasanthi Nagar,, Visakhapatnam, Andhra Pradesh, 530017.

When was Pace Sea Foods Private Limited incorporated?

Pace Sea Foods Private Limited was incorporated on 03 October 1994.

Who are the current directors of Pace Sea Foods Private Limited?

The current directors of Pace Sea Foods Private Limited are

What is the primary industry of Pace Sea Foods Private Limited?

The primary industry of Pace Sea Foods Private Limited is Agriculture, Forestry, Fishing.

Is Pace Sea Foods Private Limited a listed company?

Pace Sea Foods Private Limited is unlisted.

What is the capital structure of Pace Sea Foods Private Limited?

The authorized capital of Pace Sea Foods Private Limited is ₹8.00 M, and the paid-up capital is ₹3.00 M.

What is the compliance status of Pace Sea Foods Private Limited?

The compliance status of Pace Sea Foods Private Limited is Compliant.

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