Pace E-Commerce Ventures Limited

Company Profile
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

Registrar Details

Name Bigshare Services Pvt Ltd
Phone +91-22-6263 8200

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%

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