About Pace Tel Systems Private Limited
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Pace Tel Systems Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 08 February 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U32201DL2011PTC213571. Its GSTIN is 07AAFCP8340L1Z2 (Delhi). The company holds 33 GST registrations, of which 11 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹4.33 Lakh. It is led by directors including Premanand Jena and Pradeep Rana.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at H. No. O I, Lajpat Nagar II, New Delhi, Delhi, India – 110024.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,337.53 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹3.51 Cr (net margin 0.3%) and EBITDA of ₹22.47 Cr (EBITDA margin 1.7%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 1% over five years.
The company has about 116 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹284.75 Cr and satisfied charges of ₹2.6 Cr on record. Court records list 17 cases involving the company, including 8 filed by the company and 9 filed against it; 7 cases are pending. The company has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in May 2017. Its 4 peer companies in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 2 larger and 2 smaller; the largest is Blue Engine Communication Private Limited with revenue of ₹1,455.1 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pacetelsystems.in.
Company details
Contact details
Pace Tel Systems Private Limited's registered office is in New Delhi, Delhi. Its website is pacetelsystems.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressH. No. O I, Lajpat Nagar II, New Delhi, Delhi, India – 110024
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Pace Tel Systems Private Limited, buy the company report.
- 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
Business activity
The main business activity of Pace Tel Systems is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Pace Tel Systems Private Limited, buy the company report.
Financials of Pace Tel Systems Private Limited
FY 2024 filings availablePace Tel Systems Private Limited reported revenue of ₹1,337.53 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 7% growth in the latest year. EBITDA rose 3% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹22.47 Cr | ||||
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| Net Profit (PAT) | ₹3.51 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 1.7% | ||||
| Net Profit Margin | 0.3% | ||||
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To see the full financial statements and ratios of Pace Tel Systems Private Limited, buy the company report.
Board of directors of Pace Tel Systems Private Limited
Pace Tel Systems has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Premanand Jena | Director | 05 Jul 2023 | 3 Years 4 Months | Current |
| Pradeep Rana | Director | 16 Aug 2021 | 5 Years 2 Months | Current |
| Prabhjot Singh Malik Also directs: MSM Televentures Private Limited, Perfect Handling and Logistics Private Limited, Niyam Living Private Limited and 4 more | Director | 08 Feb 2011 | 15 Years 9 Months | Current |
Peer comparison
Pace Tel Systems Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Blue Engine Communication Private Limited | ₹1,455.1 Cr (FY 2025) | 21.0% | Patna, Bihar, India | |||
| Infotel Business Solutions Limited. | ₹1,338.28 Cr (FY 2025) | 401.0% | New Delhi, Delhi, India | |||
| Pace Tel Systems Private Limitedthis company | ₹1,337.53 Cr (FY 2025) | ₹3.51 Cr | 0.3% | 7.0% | New Delhi, Delhi, India | |
| Hamstead International Private Limited | ₹1,291.48 Cr (FY 2025) | 381.0% | New Delhi, Delhi, India | |||
| MPCG Mobile Private Limited | ₹1,286.24 Cr (FY 2025) | 19.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of Pace Tel Systems Private Limited, buy the company report.
Auditor
Pace Tel Systems Private Limited is audited by Rajan Malik & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Rajan Malik & Co. | FY 2023 | 019859N |
Shareholding
The shareholding of Pace Tel Systems Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pace Tel Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jan 2025 | 101028129 | Others | ₹20 Cr | Open | |
| 05 Jan 2024 | 100844519 | Hdfc Bank Limited | ₹25 Lakh | Open | |
| 14 Oct 2021 | 100490310 | Axis Bank Limited | ₹15 Cr | Open | |
| 24 Jan 2018 | 100169897 | Others | ₹80 Cr | Open | |
| 17 Jun 2017 | 100112922 | Hdfc Bank Limited | ₹169.5 Cr | Open |
To see the full charge records of Pace Tel Systems Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Pace Tel Systems Private Limited has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in May 2017.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2017 | Rights issue | ₹1.66 Cr | Investors: 3 individuals |
| Sep 2014 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Pace Tel Systems Private Limited has 17 court cases on record: 8 filed by Pace Tel Systems, 9 filed against it. 7 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 7 | 7 |
| High courts | 6 | 2 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur Metro II, Rajasthan | Civil miscellaneous application | Filed against the company by Jaipur Centre Developers Pvt. Ltd. | Pending |
| District court, East, Delhi | Criminal case | Filed by the company against The Mobilestore Services Ltd. and Anr. | Pending |
| District court, Jaipur Metro II, Rajasthan | Civil miscellaneous application | Filed against the company by Jaipur Centre Developers Pvt. Ltd. | Disposed |
| High Court, Rajasthan | Arbitration matter | Filed against the company by Jaipur Centre Developers Private Limited | Disposed |
| District court, Central, Delhi | Civil suit | Filed against the company by State | Pending |
To see the full case history of Pace Tel Systems Private Limited, buy the company report.
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
No delayed payments to MSME suppliers are on our record for Pace Tel Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Pace Tel Systems has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
Pace Tel Systems has 33 GST registrations: 11 active and 22 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAFCP8340L1Z2 | Delhi | Active | 01 Jul 2017 |
| 04AAFCP8340L1Z8 | Chandigarh | Active | 01 Jul 2017 |
| 08AAFCP8340L1Z0 | Rajasthan | Active | 01 Jul 2017 |
| 09AAFCP8340L1ZY | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pace Tel Systems Private Limited, buy the company report.
Recent activity
Pace Tel Systems Private Limited has 9 board changes on record since 2011: 3 appointments and 6 cessations. The latest: Premanand Jena ceased to be Additional Director on 29 Sep 2023.
12 earlier events are in the company report.
Frequently asked questions
Pace Tel Systems is an active private limited company based in New Delhi, Delhi, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 08 February 2011 (15+ years old) and is registered under CIN U32201DL2011PTC213571.
Pace Tel Systems has 3 current directors:
- Premanand Jena - Director
- Pradeep Rana - Director
- Prabhjot Singh Malik - Director
The latest financial statements of Pace Tel Systems on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Pace Tel Systems is 07AAFCP8340L1Z2, registered in Delhi. The company has 33 GST registrations in all, of which 11 are active and 22 are cancelled or inactive. Other active GSTINs include 04AAFCP8340L1Z8 (Chandigarh), 08AAFCP8340L1Z0 (Rajasthan), 09AAFCP8340L1ZY (Uttar Pradesh).
The CIN (Corporate Identification Number) of Pace Tel Systems is U32201DL2011PTC213571. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pace Tel Systems has 17 court cases on record: 8 filed by the company and 9 filed against it. 7 are pending. Most are in the district courts.
Pace Tel Systems was incorporated on 08 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Delhi.
Pace Tel Systems has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in May 2017.
The peers of Pace Tel Systems by revenue are Blue Engine Communication Private Limited, Infotel Business Solutions Limited, Hamstead International Private Limited, MPCG Mobile Private Limited, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).
Premanand Jena ceased to be Additional Director on 29 Sep 2023. Premanand Jena was appointed as Director on 05 Jul 2023. Vikram Jain ceased to be Director on 03 Jan 2022. Pace Tel Systems has 9 board changes on record in total.
Pace Tel Systems can be reached through the website pacetelsystems.in. Its registered office is in New Delhi, Delhi, India.
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