Pace E-Commerce Ventures Limited
BSE SME₹123,600 / 1200 Shares
Pace E-Commerce Ventures Limited IPO Details
The Pace E-Commerce Ventures Limited IPO price band is set between ₹103 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 29 Sep, 2022 and closes on 13 Oct, 2022. Investors can check the allotment status on 18 Oct, 2022, while the listing date is tentatively scheduled for 20 Oct, 2022.
The total issue size is Issue Size : 6,459,600 shares of ₹10, aggregating up to ₹66.53 Cr. Stay tuned for the latest Pace E-Commerce Ventures Limited IPO review and GMP updates.
Pace E-Commerce Ventures Limited IPO Review, Rating & Analysis
Pace E-Commerce Ventures Limited IPO Review
NO REVIEWPace E-Commerce Ventures Limited IPO Rating
Pace E-Commerce Ventures Limited IPO Highlights
IPO Date
Sep 29, 2022 - Oct 13, 2022
Listing Date
20 Oct, 2022
Face Value
₹10 Per Equity Share
Price Band
₹103 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Pace E-Commerce Ventures Limited IPO Lot Size
The minimum market lot for Pace E-Commerce Ventures Limited IPO is 1200 shares with an application amount of ₹1,23,600. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹1,23,600 |
| Retail (Max) | 1 | 1200 | ₹1,23,600 |
| S-HNI (Min) | 2 | 2400 | ₹2,47,200 |
| S-HNI (Max) | 8 | 9600 | ₹9,88,800 |
| B-HNI (Min) | 9 | 10800 | ₹11,12,400 |
Pace E-Commerce Ventures Limited IPO Timeline
Issue Price
₹103 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Bigshare Services Pvt LtdLead Manager
Interactive Financial Services LtdIssue Size
Issue Size : 6,459,600 shares of ₹10(aggregating up to ₹66.53 Cr)#Fresh Issue: 4,000,000 shares of ₹10(aggregating up to ₹41.20 Cr)#Offer for Sale: 2,459,600 shares of ₹10(aggregating up to ₹25.33 Cr)Pace E-Commerce Ventures Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 22 | 3241.71 | 1054.15 | 54.12 | - | - | - |
| 31 Mar 21 | 2786.01 | 171.89 | 7.18 | - | - | - |
| 31 Mar 20 | 157.97 | 150.42 | 0.34 | - | - | - |
All values are in ₹ Lakh
Promoters & Share Holding
Promoter(s) Name
- Mr. Shaival Dharmendra Gandh
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 91.12% | 65.00% |
About Company
Incorporated in 2015, Pace E-Commerce Ventures Limited offers children's furniture, bedding, housewares and essentials. The company's product portfolio includes Beds and Cribs, Seating and Lounging, Storage & Organisers, Playroom Furniture, Bins and Baskets, Décor and Accessories, Kids Bedding, Baby Bedding, Baby & Kids Essentials, Dinning Essentials & Homeware, Sports Ride Ons & Outdoor, Art and Craft, Games and Puzzles, Scooters and Ride Ons, Dolls Action figures and soft toys.
The company owns an e-commerce portal, www.cotandcandy.com offering a large range of products across different categories. The company also started catering to a number of requests for on-demand printing and manufacturing of products for both B2C and B2B Customers.
Pace E-Commerce Ventures Limited acquired manufacturing and distribution licenses of some of the popular and biggest brands in the Kids Entertainment Industry.
Pace E-Commerce Ventures Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 3,063,600 | 3,063,600 | 6,127,200 |
Day 1 -29-09-22 06:00 PM | 0.00 x | 0.01 x | 0.00 x |
Day 2 -30-09-22 06:00 PM | 0.02 x | 0.02 x | 0.02 x |
Day 3 -03-10-22 06:00 PM | 0.49 x | 0.09 x | 0.29 x |
Day 4 -04-10-22 06:00 PM | 0.91 x | 0.30 x | 0.61 x |
Day 5 -06-10-22 06:00 PM | 0.92 x | 0.33 x | 0.63 x |
Day 6 -07-10-22 06:00 PM | 0.92 x | 0.37 x | 0.65 x |
Day 7 -10-10-22 06:00 PM | 0.99 x | 0.45 x | 0.72 x |
Day 8 -11-10-22 06:00 PM | 0.99 x | 0.46 x | 0.72 x |
Day 9 -12-10-22 06:00 PM | 0.99 x | 0.47 x | 0.73 x |
Day 10 -13-10-22 06:00 PM | 1.72 x | 0.55 x | 1.14 x |
Frequently Asked Questions about Pace E-Commerce Ventures Limited IPO
When will Pace E-Commerce Ventures Limited IPO open for subscription?
The Pace E-Commerce Ventures Limited IPO opens on 29 Sep, 2022 and closes on 13 Oct, 2022.
What is the investors portion for Pace E-Commerce Ventures Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 3063600.
How to apply for Pace E-Commerce Ventures Limited IPO?
You can apply for Pace E-Commerce Ventures Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Pace E-Commerce Ventures Limited IPO?
The issue size of Pace E-Commerce Ventures Limited IPO is approx ₹Issue Size : 6,459,600 shares of ₹10(aggregating up to ₹66.53 Cr)#Fresh Issue: 4,000,000 shares of ₹10(aggregating up to ₹41.20 Cr)#Offer for Sale: 2,459,600 shares of ₹10(aggregating up to ₹25.33 Cr) crores.
What is the price band of Pace E-Commerce Ventures Limited IPO?
The price band for Pace E-Commerce Ventures Limited IPO is ₹103 per equity share to ₹undefined.
What is the lot size of Pace E-Commerce Ventures Limited IPO?
The minimum bid (lot size) for Pace E-Commerce Ventures Limited IPO is N/A shares with an investment of approx ₹123,600 .
What is the allotment date of Pace E-Commerce Ventures Limited IPO?
The allotment date for Pace E-Commerce Ventures Limited IPO is 18 Oct, 2022.
What is the listing date of Pace E-Commerce Ventures Limited IPO?
The listing date for Pace E-Commerce Ventures Limited IPO is expected to be 20 Oct, 2022.
What is the GMP of Pace E-Commerce Ventures Limited IPO?
The latest Grey Market Premium (GMP) for Pace E-Commerce Ventures Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.