Pace Switchgears Private Limited - Company Profile

It is a energy and power private limited company based in Bangalore, Karnataka, India, established in 2004.
2004 Bangalore, Karnataka, India Active
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About Pace Switchgears Private Limited

Pace Switchgears Private Limited, a active private limited company, was established on 23 November 2004 in Bangalore, Karnataka, India. Engaging in power equipment manufacturers within the manufacturing sector, it holds CIN: U31200KA2004PTC035075. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹4.00 M and a paid-up capital of ₹3.46 M.

It upholds a compliant status. Employing 48 professional, Its leadership includes Suma Harish (Director), Harish Jaganatharao Malvalli (Managing Director), Gangadharaiah Puttaiah (Director). It holds ₹1.00 Cr open charges and ₹9.90 M settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Sy. No. 2/10, Eeralingaiah Industrial Estate Srigandhadakaval, Sunkadakatte, Bangalore, Karnataka, 560091.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U31200KA2004PTC035075

  • Registration Number

    035075

  • Incorporation Date

    23 November 2004

  • Authorized Capital

    ₹4.00 M

  • Paid-Up Capital

    ₹3.46 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 3.46 M
  • Company Age 21 Year, 2 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 1.00 Cr
  • Satisfied Charges ₹ 9.90 M
  • Revenue Growth **** 76.70%
  • Profit Growth **** 881.67%
  • Ebitda **** 3267.82%
  • Net Worth 9.51%
  • Total Assets **** 34.99%
Company report

Pace Switchgears Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Pace Switchgears 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 Switchgears Private Limited?
Current Directors
Name Designation Appointment Date Status
Suma Harish Director 23 Nov 2004 Current
Harish Jaganatharao Malvalli Managing Director 23 Nov 2004 Current
Gangadharaiah Puttaiah Director 16 Jul 2005 Current
Basavanna Shivaiahswamy Hulikal Director 16 Jul 2005 Current

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Financial Performance of Pace Switchgears.

Pace Switchgears Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 76.7% increase. The company also saw a substantial improvement in profitability, with a 881.67% increase in profit. The company's net worth moved up by a moderate rise of 9.51%.

Pace Switchgears revenue growth over time
Pace Switchgears 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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 76.70%
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Revenue from Operations
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 78.59%
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*******
*******
Total Assets
*******
 34.99%
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*******
*******
*******
Profit or Loss
*******
 881.67%
*******
*******
*******
*******
Net Worth
*******
 9.51%
*******
*******
*******
*******
EBITDA
*******
 3267.82%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Pace Switchgears?

In 2023, Pace Switchgears had a promoter holding of 100.00%. 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

₹10,000,000.00

Satisfied Charges

₹9,900,000.00

Charges Breakdown by Lending Institutions
  • Canara Bank : 1.00 Cr
Latest Charge Details
Date Lender Amount Status
26 Feb 2005 Canara Bank ₹1.00 Cr Open
10 Aug 2018 Canara Bank ₹7.85 M Satisfied
31 Jan 2012 Canara Bank ₹1.40 M Satisfied
26 Feb 2008 Canara Bank ₹0.65 M Satisfied

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How Many Employees Work at Pace Switchgears?

Pace Switchgears has a workforce of 48 employees as of Apr 10, 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.

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 Switchgears, 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 Switchgears'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 Switchgears
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Pace Switchgears Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Pace Switchgears Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 10 Aug 2018 via Charge ID 100213609 with Canara Bank was fully satisfied on 05 Dec 2020. was documented.

  • Charges

    Progress on A charge registered on 31 Jan 2012 via Charge ID 10338580 with Canara Bank was fully satisfied on 05 Dec 2020. was documented.

  • Charges

    The activity A charge registered on 26 Feb 2008 via Charge ID 10161249 with Canara Bank was fully satisfied on 05 Dec 2020. was completed.

  • Charges

    A charge with Canara Bank amounted to Rs. 7.85 M with Charge ID 100213609 was registered on 10 Aug 2018. was recorded as a recent event.

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

The CIN of Pace Switchgears Private Limited is U31200KA2004PTC035075.

Where is Pace Switchgears Private Limited headquartered?

Pace Switchgears Private Limited is headquartered at Sy. No. 2/10, Eeralingaiah Industrial Estate Srigandhadakaval, Sunkadakatte, Bangalore, Karnataka, 560091.

When was Pace Switchgears Private Limited incorporated?

Pace Switchgears Private Limited was incorporated on 23 November 2004.

Who are the current directors of Pace Switchgears Private Limited?

The current directors of Pace Switchgears Private Limited are

What is the primary industry of Pace Switchgears Private Limited?

The primary industry of Pace Switchgears Private Limited is Manufacturing.

Is Pace Switchgears Private Limited a listed company?

Pace Switchgears Private Limited is unlisted.

What is the capital structure of Pace Switchgears Private Limited?

The authorized capital of Pace Switchgears Private Limited is ₹4.00 M, and the paid-up capital is ₹3.46 M.

What is the compliance status of Pace Switchgears Private Limited?

The compliance status of Pace Switchgears Private Limited is Compliant.

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