About Pace Seating Systems Private Limited
Data last updated:
Pace Seating Systems Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 14 May 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U36101KA2007PTC042798. Its GSTIN is 29AAECP2648G1Z9 (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Amit Anand and Madhu Anand.
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 No.98 6th Cross 3rd Main Ist Block R.T.Nagar, Bangalore, Karnataka, India – 560032.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.52 Cr. For the same year it recorded a net loss of ₹72.32 Lakh (net margin -4.7%) and EBITDA of ₹16.83 Lakh (EBITDA margin 1.1%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 6% over five years.
The company has about 22 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Paceseatingindia. As per MCA filings, the company has open charges of ₹3.18 Cr and satisfied charges of ₹60 Lakh on record. Court records list 6 cases involving the company, including 6 filed by the company. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹48.5 Lakh; the latest was in December 2012. Its 10 peer companies in the Consumer Durables industry (Furniture) are compared by revenue, 5 larger and 5 smaller; the largest is Milkin Edit Furniture Private Limited with revenue of ₹15.68 Cr. The company has 10 MSME Form 1 returns on record between 2018 and 2023, listing 957 overdue payments to 47 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website paceseatingindia.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo.98 6th Cross 3rd Main Ist Block R.T.Nagar, Bangalore, Karnataka, India – 560032
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
- 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 Seating Systems Private Limited
The main business activity of Pace Seating Systems is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products | 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 Seating Systems Private Limited FY 2025 filings available
Pace Seating Systems Private Limited reported revenue of ₹15.52 Cr for FY 2024.
Compounded Annual Growth Rate (CAGR) of Pace Seating Systems Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years. EBITDA fell 57% 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 Seating Systems Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹16.83 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹72.32 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 Seating Systems Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -4.7% | •••• | •••• | •••• | •••• |
| 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 Seating Systems 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.
Peer Comparison of Pace Seating Systems Private Limited
Pace Seating Systems Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Furniture). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Milkin Edit Furniture Private Limited | ₹15.68 Cr (FY 2024) | •••• | •••• | 30.0% | •••• | Delhi, India |
| Kaphaja Modular Furnitures Private Limited | ₹15.65 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Hyderabad, Telangana, India |
| Icmc Projects Private Limited | ₹15.64 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | New Delhi, Delhi, India |
| Ultimate Furniture Private Limited | ₹15.64 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Mumbai, Maharashtra, India |
| Vivan Industries Private Limited | ₹15.54 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Angara, Jharkhand, India |
| Pace Seating Systems Private Limited this company | ₹15.52 Cr (FY 2024) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Costra Advertising India Private Limited | ₹15.5 Cr (FY 2018) | •••• | •••• | -17.0% | •••• | Mumbai, Maharashtra, India |
| Tip Top Furniture Pvt Ltd | ₹15.43 Cr (FY 2020) | •••• | •••• | -53.0% | •••• | Malappuram, Kerala, India |
| Perfektion (Asia) Private Limited | ₹15.43 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Pune, Maharashtra, India |
| Merlin Exim Pvt Ltd | ₹15.35 Cr (FY 2025) | •••• | •••• | 57.0% | •••• | New Delhi, Delhi, India |
| Imagetech Furniture India Private Limited | ₹15.33 Cr (FY 2025) | •••• | •••• | 56.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Pace Seating Systems by revenue in the Consumer Durables industry (Furniture), 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 Seating Systems Private Limited
Pace Seating Systems Private Limited is audited by KRISHNA M &CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KRISHNA M &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.
Board of Directors of Pace Seating Systems Private Limited
Pace Seating Systems has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Anand | Director | 14 May 2007 | 19 Years 4 Months | Current |
| Madhu Anand | Director | 14 May 2007 | 19 Years 4 Months | Current |
| Anand Atmaram | Director | 14 May 2007 | 19 Years 4 Months | Current |
Ownership and Shareholding of Pace Seating Systems 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 Seating Systems Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Feb 2024 | Others | ₹5.75 Lakh | Open |
| 01 Aug 2023 | Others | ₹15.15 Lakh | Open |
| 29 Apr 2023 | Others | ₹35 Lakh | Open |
| 31 Jan 2023 | Others | ₹32.15 Lakh | Open |
| 19 Jun 2019 | Others | ₹80 Lakh | Open |
Total charge records: 8 View all charges
Deals & Funding of Pace Seating Systems Private Limited
Pace Seating Systems Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹48.5 Lakh; the latest was in December 2012.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2012 | Funding round | ₹40 Lakh | Investors: 3 individuals |
| Mar 2009 | Funding round | ₹8.5 Lakh | Investors: 3 individuals |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Pace Seating Systems Private Limited
Pace Seating Systems Private Limited has 6 court cases on record: 6 filed by Pace Seating Systems. All cases are disposed. Status as checked between 28 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 0 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (COP) | Filed by the company against S.J.R. Infrastructure Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against an individual | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against State of Karnataka | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against Bangalore City College | Disposed |
Full case history
All 6 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.
MSME Payment Delays by Pace Seating Systems Private Limited
Pace Seating Systems Private Limited has 10 MSME Form 1 returns on record between 2018 and 2023, listing 957 overdue payments to 47 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 47)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Prakash Techno Plast India Private Limited | •••• | •••• | •••• |
| Sterlingsai Foams and Integrals Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Om Sai Apparels | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 10 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Pace Seating Systems Private Limited
Pace Seating Systems operates one associated brand: Paceseatingindia. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures ergonomic office chairs and furniture for offices and public spaces. | paceseatingindia.com |
Employees and EPFO Compliance at Pace Seating Systems Private Limited
Pace Seating Systems Private Limited has a workforce of 22 employees as of Apr 06, 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.
Recent Activity on Pace Seating Systems Private Limited
Pace Seating Systems Private Limited has 3 board changes on record since 2007: 3 appointments. The latest: Amit Anand was appointed as Director on 14 May 2007.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Pace Seating Systems 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.
Subsidiaries & Group Companies of Pace Seating Systems 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 Seating Systems Private Limited
Pace Seating Systems has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECP2648G1Z9 | Karnataka | Active | 01 Jul 2017 |
| 36AAECP2648G1ZE | Telangana | Active | 31 Oct 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.
MCA Filings & Documents of Pace Seating Systems 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 Seating Systems Private Limited
Pace Seating Systems is an active private limited company based in Bangalore, Karnataka, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 14 May 2007 (19+ years old) and is registered under CIN U36101KA2007PTC042798.
Pace Seating Systems reported revenue of ₹15.52 Cr for FY 2024.
Pace Seating Systems has 3 current directors:
- Amit Anand - Director
- Madhu Anand - Director
- Anand Atmaram - Director
Pace Seating Systems reported a net loss of ₹72.32 Lakh (net margin -4.7%) and EBITDA of ₹16.83 Lakh (EBITDA margin 1.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Pace Seating Systems is 23% over three years and -6% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Pace Seating Systems is 29AAECP2648G1Z9, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 36AAECP2648G1ZE (Telangana).
The CIN (Corporate Identification Number) of Pace Seating Systems is U36101KA2007PTC042798. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pace Seating Systems has 6 court cases on record: 6 filed by the company. Most are in the district courts.
Pace Seating Systems was incorporated on 14 May 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Pace Seating Systems has 2 deals on record (2 funding rounds), with disclosed funding of ₹48.5 Lakh; the latest was in December 2012.
The peers of Pace Seating Systems by revenue are Milkin Edit Furniture Private Limited, Kaphaja Modular Furnitures Private Limited, Icmc Projects Private Limited, Ultimate Furniture Private Limited, Vivan Industries Private Limited and 5 more, all in the Consumer Durables industry (Furniture).
Amit Anand was appointed as Director on 14 May 2007. Anand Atmaram was appointed as Director on 14 May 2007. Madhu Anand was appointed as Director on 14 May 2007.