Pace E-Commerce Ventures Limited

Company Name	Pace E-Commerce Ventures Limited
Open Date	29-09-2022
Close Date	04-10-2022
Exchange	BSE SME
Lot Size	1200 Shares
Issue Price	₹ 103 per share
Issue Size	64,59,600 Equity Shares
Application Amount	₹ 1,23,600
Recommendation	Avoid

Company was incorporated in the year 2015 and was engaged in a business that would give the kids/young consumers and sports enthusiasts in India access to International Football Clubs Merchandise and International Sports Brands apparels and Sports Good. Thereafter, Company acquired manufacturing and distribution licenses of some of the popular and biggest brands in the Kids Entertainment Industry.

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Summary of Financials (All financials in Lakh)

For the Period Ended	Mar-22	Mar-21	Mar-20
Total Assets	3,241.71	2,786.01	157.97
Net Assets	2,649.44	2,595.32	7.24
Total Borrowings	362.49	97.45	121.39
Total Revenue	1,054.15	171.89	150.42
Profit After Tax	54.12	7.18	0.34

Tentative Timeline

Opening Date	29-09-2022
Closing Date	04-10-2022
Basis of Allotment	18-10-2022
Initiation of Refunds	19-10-2022
Credit of Shares to Demat	20-10-2022
Listing Date	20-10-2022

Objects of the Issue

Acquisition of plant and machineries

Working capital requirement

General Corporate Purpose

Meeting Public Issue Expenses

Contact Information

Registered Office	Pace E-Commerce Ventures Limited Anugrah Bunglow, Street4, Pallod Farms II, Shambhu Vihar Society, Nankude Vasti, Aundh, Pune -411045
Phone	+91 85309 99431
Email	compliance@pacesports.in
Website	https://www.cotandcandy.com/

Offer Documents

Pace E-Commerce Ventures Limited DRHP

Pace E-Commerce Ventures Limited RHP

Registrar Details

Name	Bigshare Services Pvt Ltd
Phone	+91-22-6263 8200
Email	ipo@bigshareonline.com
Website	https://ipo.bigshareonline.com/ipo_status.html

IPO Reservation

Anchor Investor Shares Offered	-
Market Maker Shares Offered	3,32,400 (5.15%)
Other Shares Offered	30,63,600 (47.43%)
Retail Shares Offered	30,63,600 (47.43%)
Total Shares Offered	6,459,600 (100%)

Shareholding Pattern

Share Holding Pre Issue (Promoters)	91.12%
Share Holding Post Issue (Promoters)	65.00%