Pace E-commerce Ventures started in August 2015 as 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 Goods. The Company started with imports and distribution of branded international sports apparels and extended to various branded merchandise and accessories. Thereafter the company acquired manufacturing and distribution licenses of some of the popular and biggest brands in the Kids Entertainment Industry.
Pace E-commerce Ventures established its own e-commerce portal, www.cotandcandy.com offering a large range of products across different categories. Pace E-commerce Ventures also started catering to number of request for on demand printing and manufacturing of products for both B2C and B2B Customers. Later, the portal expanded product categories to kids sports, kids fashion, kids furniture and home textiles.
Pace E-commerce Ventures have also developed good collection of Home Textiles and gifting products under our own private labels. At present company operates across all cities in India through the online channels and most major cities through offline distribution of products.
Competitive Strengths
- Agreements with widely known companies working for kids
- Founder led management Team
- Pace E-commerce Ventures insights of Indian Consumers and merchants.
Company Promoters
- Mr. Shaival Dharmendra Gandhi
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax |
|---|---|---|---|
| 31 March 2020 | 150.42 | 149.99 | 0.34 |
| 31 March 2021 | 171.89 | 162.18 | 7.18 |
| 31 March 2022 | 1,054.15 | 980.68 | 54.12 |
Object Of The Issue
- Acquisition of plant and machineries
- Working capital requirement
- General Corporate Purpose
- Meeting Public Issue Expenses
Pace E-commerce Ventures IPO – Details
| IPO Opening Date | 29 September 2022 |
| IPO Closing Date | 13 October 2022 (Issue Extended) |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | ₹66.53 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹103 |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Bigshare Services Pvt Ltd |
| Retail Shares Offered | 50% of the net offer |
| NII (HNI) Shares Offered | 50% of the net offer |
Pace E-commerce Ventures IPO – Date Schedule
| IPO Open Date | 29 September 2022 |
| IPO Close Date | 13 October 2022 |
| Basis of Allotment Date | October 2022 |
| Initiation of Refunds | October 2022 |
| Credit of Shares to Demat Account | October 2022 |
| IPO Listing Date | October 2022 |
Pace E-commerce Ventures IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Minimum | 1 | 1200 | 1,23,600 |
| Maximum | 1 | 1200 | 1,23,600 |
Pace E-Commerce Ventures IPO Promoter Holding
| Pre Issue Share Holding | 91.12% |
| Post Issue Share Holding | 65.00% |
Pace E-commerce Ventures IPO Prospectus
Company Contact Information
| Pace E-commerce Ventures Limited Anugrah Bunglow, Street4, Pallod Farms II, Shambhu Vihar Society, Nankude Vasti, Aundh, Pune -411045, Maharashtra Phone: +9185309 99431 Email: compliance@pacesports.in Website: www.cotandcandy.com |
Pace E-commerce Ventures IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: http://www.bigshareonline.com |
Pace E-commerce Ventures IPO Lead Manager(s)
| 1. Interactive Financial Services Limited |
Pace E-commerce Ventures IPO FAQs
| What is Pace E-commerce Ventures IPO? Pace E-commerce Ventures IPO is a SME IPO. The issue is priced at ₹103 per equity share. The IPO is to be listed on BSE SME. |
| When Pace E-commerce Ventures IPO will open? The IPO is to open on 29 September 2022 for NII and Retail Investors. |
| What is Pace E-commerce Ventures IPO Investors Portion? The investors’ portion for NII-50%, and Retail 50%. |
| How to Pace E-commerce Ventures IPO? You can apply Pace E-commerce Ventures IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Pace E-commerce Ventures IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Pace E-commerce Ventures”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Pace E-commerce Ventures IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Pace E-commerce Ventures”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Pace E-commerce Ventures IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Pace E-commerce Ventures”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Pace E-commerce Ventures IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Pace E-commerce Ventures”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Pace E-commerce Ventures IPO Size? Pace E-commerce Ventures IPO size is ₹66.53 crores. |
| What is Pace E-commerce Ventures IPO Price Band? Pace E-commerce Ventures IPO Price Band is ₹103. |
| What is Pace E-commerce Ventures IPO Minimum and Maximum Lot Size? The minimum bid is 1200 Shares with ₹1,23,600 amount while the maximum bid is 1200 shares with ₹1,23,600. |
| What is the Pace E-commerce Ventures IPO Allotment Date? Pace E-commerce Ventures IPO allotment date is October 2022. |
| What is the Pace E-commerce Ventures IPO Listing Date? Pace E-commerce Ventures IPO listing date is October 2022. The IPO is to list on BSE SME. |
