About Pace Ventures Private Limited
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Pace Ventures Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 04 November 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74990MH2009PTC196856. Its GSTIN is 27AAFCP2418K1ZB (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors Punit Kamlesh Gandhi and Shefali Suketu Shah.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,000.27 Cr, a growth of 98% compared to the previous year. For the same year it recorded a net profit of ₹71.56 Lakh (net margin 0.1%) and EBITDA of ₹2.71 Cr (EBITDA margin 0.3%). Revenue has grown at a compounded annual rate (CAGR) of 74% over three years and 58% over five years.
The company is associated with 1 brand: Paceventures. As per MCA filings, the company has open charges of ₹24.21 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website paceventures.in.
Company details
Contact details
Pace Ventures Private Limited's registered office is in Mumbai, Maharashtra. Its website is paceventures.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address166B Nabashruti Building Ground Floor Hindu Colony Khare Ghat Road Dadar (Ea, St), Mumbai, Maharashtra, India – 400014
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Pace Ventures 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
Brands
Pace Ventures operates one associated brand: Paceventures. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Exporter of agro commodities including rice, spices, and onions from India. | paceventures.in |
Business activity
The main business activity of Pace Ventures 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 Ventures Private Limited, buy the company report.
Financials of Pace Ventures Private Limited
FY 2024 filings availablePace Ventures Private Limited reported revenue of ₹1,000.27 Cr (up 98% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 58% over five years, including 98% growth in the latest year. EBITDA rose 81% 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 | ₹2.71 Cr | ||||
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| Net Profit (PAT) | ₹71.56 Lakh | ||||
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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 | 0.3% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Pace Ventures Private Limited, buy the company report.
Board of directors of Pace Ventures Private Limited
Pace Ventures has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Punit Kamlesh Gandhi | Director | 04 Nov 2009 | 16 Years 11 Months | Current |
| Shefali Suketu Shah Also directs: Amadore Body Products LLP | Director | 01 Sep 2023 | 3 Years 1 Months | Current |
Peer comparison
Pace Ventures Private Limited is compared with the 5 companies closest to it by revenue in the Agriculture industry (Agro 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 |
|---|---|---|---|---|---|---|
| Mi Lifestyle Marketing Global Private Limited | ₹1,070.07 Cr (FY 2025) | -9.0% | Chennai, Tamil Nadu, India | |||
| Meir Commodities India Limited | ₹1,035.93 Cr (FY 2025) | 12.0% | Navi Mumbai, Maharashtra, India | |||
| Pace Ventures Private Limitedthis company | ₹1,000.27 Cr (FY 2025) | ₹71.56 Lakh | 0.1% | 98.0% | Mumbai, Maharashtra, India | |
| Chandra Prabhu International Limited. | ₹999.61 Cr (FY 2025) | 17.0% | Gurgaon, Haryana, India | |||
| All India Food Supply Private Limited | ₹985.07 Cr (FY 2025) | -21.0% | Kolkata, West Bengal, India | |||
| Legacy Impex Private Limited | ₹984.82 Cr (FY 2025) | 158.0% | Rajkot, Gujarat, India |
To see the full peer comparison of Pace Ventures Private Limited, buy the company report.
Auditor
Pace Ventures Private Limited is audited by VIJAY POPAT & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIJAY POPAT & ASSOCIATES | FY 2023 | 117900W |
Shareholding
The shareholding of Pace Ventures 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 Ventures Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Feb 2024 | 100868433 | Bank of India | ₹1.15 Cr | Open | |
| 15 Jul 2020 | 100356297 | Others | ₹50 Lakh | Open | |
| 31 Oct 2014 | 10532094 | Bank of India | ₹22.56 Cr | Open |
To see the full charge records of Pace Ventures Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Pace Ventures Private Limited has 3 court cases on record: 1 filed by Pace Ventures, 2 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI REV APP) | Filed against the company by an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI M A) | Filed against the company by an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed by the company against an individual | Disposed |
To see the full case history of Pace Ventures 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 Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pace Ventures has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCP2418K1ZB | Maharashtra | Active | 01 Jul 2017 |
| 24AAFCP2418K1ZH | Gujarat | Active | 01 Jul 2017 |
| 33AAFCP2418K1ZI | Tamil Nadu | Active | 18 Apr 2022 |
To see the full GST registrations and return filing status of Pace Ventures Private Limited, buy the company report.
Recent activity
Pace Ventures Private Limited has 16 board changes on record since 2009: 9 appointments and 7 cessations. The latest: Kunjur Satya Narayana Murty Rao ceased to be Director on 01 Oct 2023.
11 earlier events are in the company report.
Frequently asked questions
Pace Ventures is an active private limited company based in Mumbai, Maharashtra, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 04 November 2009 (17+ years old) and is registered under CIN U74990MH2009PTC196856.
Pace Ventures has 2 current directors:
- Punit Kamlesh Gandhi - Director
- Shefali Suketu Shah - Director
The latest financial statements of Pace Ventures 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 Ventures is 27AAFCP2418K1ZB, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 24AAFCP2418K1ZH (Gujarat), 33AAFCP2418K1ZI (Tamil Nadu).
The CIN (Corporate Identification Number) of Pace Ventures is U74990MH2009PTC196856. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pace Ventures has 3 court cases on record: 1 filed by the company and 2 filed against it. 1 is pending.
Pace Ventures was incorporated on 04 November 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Pace Ventures by revenue are Mi Lifestyle Marketing Global Private Limited, Meir Commodities India Limited, Chandra Prabhu International Limited, All India Food Supply Private Limited, Legacy Impex Private Limited, all in the Agriculture industry (Agro Retail and Distribution), with the same principal business activity (wholesale trading).
Kunjur Satya Narayana Murty Rao ceased to be Director on 01 Oct 2023. Shefali Suketu Shah was appointed as Director on 01 Sep 2023. Kalpesh Nirubhai Barot ceased to be Director on 25 Jan 2019. Pace Ventures has 16 board changes on record in total.
Pace Ventures can be reached through the website paceventures.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Pace Ventures is at 166B Nabashruti Building Ground Floor Hindu Colony Khare Ghat Road Dadar Ea, St, Mumbai, Maharashtra, India – 400014.