Pace E-Commerce Ventures Limited IPO
i. Our company 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. We started with imports and distribution of branded international sports apparels and extended to various branded merchandise and accessories. Thereafter we acquired manufacturing and distribution licenses of some of the popular and biggest brands in the Kids Entertainment Industry. This helped us in reaching a larger distribution area and a wider population. This wider assortment of products and customer base helped us gain valuable insights and obtain information and data as to what today‘s customer really want. We have spent time for developing on these valuable information and data points from our customers including but not limited to, Kids, Teenagers, Young Adults and Young Parents. we arrived at a clear conclusion – The demand is very swiftly moving to customized, personalized products.
We are focused on customization and personalisation across different product categories appealing to all age groups including kids, Teenagers and Young Adults. We provide products of licensed brands which is acceptable to all because of the below mentioned benefits :
RANGE -Endless possibilities with ever-growing designs and make-on demand concept
VALUE -Personalization & linked memories creating a unique identity or expression
COST -Scale & efficiency will help reduce costs, and pass on the benefits to the consumers
SPEED :Driven by superior technology, logistics and infrastructure
EASE: Ease of end-to-end ordering and delivery process, at the comfort of one‘s home
QUALITY: quality assured
Furniture: Beds and Cribs, Seating and Lounging, Storage & Organisers, Playroom Furniture, Bins and Baskets, Décor and Accessories.
Bedding: Kids Bedding, Baby Bidding.
Baby and Home: Baby & Kids Essentials, Dinning Essentials & Home ware.
Toys: Sports Ride Ons & Outdoor, Art and Craft, Games and Puzzles, Scooters and Ride Ons, Dolls Action figures and soft toys, Role and pretend Play, Infnat and Toddlet toys, Education and Construction toys, Vehicles RC and Next gen toys.
Competitive Strength :
- Agreements with widely known companies working for kids.
- The company’s insights of Indian Consumers and merchants.
Objects of the Pace E-Commerce Ventures Limited IPO:
Pace E-Commerce Ventures Limited IPO Details:
|Open Date:||Sep 29 2022|
|Close Date:||Oct 04 2022|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||Fixed Price Issue|
|Issue Size:||66.53 Cr.|
|Lot Size:||1200 Shares|
|Issue Price:||₹ 103 Per Equity Share|
|Listing At:||BSE SME|
|Listing Date:||Oct 13 2022|
Promoters And Management:
Financials of Pace E-Commerce Ventures Limited IPO:
|Particulars (in crores)||Mar-22||Mar-21||Mar-20|
|Revenue from operations||10.00||1||1|
|Purchases of stock-in-trade||9||1||1|
|Changes in Inventories||-0.8||-0.5||0.09|
|Employee Benifit Expense||0.1||0.03||0.03|
|Profit (Loss) before tax||0.7||0.09||0|
|Profit (Loss) for the period||0.5||0.07||0|