IPO

Pace E-Commerce Ventures Limited IPO

BSE SME

Listed On: Oct 20, 2022 at ₹ 104.5

₹ 123600 /1200 Shares

Check Allotment

Pace E-Commerce Ventures Limited IPO Details

29 Sep, 2022

Open Date

13 Oct, 2022

Close Date

18 Oct, 2022

Allotment Date

20 Oct, 2022

Listing Date

Issue Price

₹103 per equity share

Face Value

₹10 Per Equity Share 

Listing at Group

BSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

104.5

Listing Date

2022-10-20

Market Lot

1200 Shares (₹123,600/-)

Lead Manager

Interactive Financial Services Ltd

Issue 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)

Retail Portion

N/A

Subscription

1.14 times

IPO Docs

DRHP RHP

Pace E-Commerce Ventures Limited IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved3,063,6003,063,6006,127,200
Day 1 - 29-09-22 06:00 PM0.00 x0.01 x0.00 x
Day 2 - 30-09-22 06:00 PM0.02 x0.02 x0.02 x
Day 3 - 03-10-22 06:00 PM0.49 x0.09 x0.29 x
Day 4 - 04-10-22 06:00 PM0.91 x0.30 x0.61 x
Day 5 - 06-10-22 06:00 PM0.92 x0.33 x0.63 x
Day 6 - 07-10-22 06:00 PM0.92 x0.37 x0.65 x
Day 7 - 10-10-22 06:00 PM0.99 x0.45 x0.72 x
Day 8 - 11-10-22 06:00 PM0.99 x0.46 x0.72 x
Day 9 - 12-10-22 06:00 PM0.99 x0.47 x0.73 x
Day 10 - 13-10-22 06:00 PM1.72 x0.55 x1.14 x

Pace E-Commerce Ventures Limited Valuations

Earnings Per Share (EPS)

₹0.30/-

P/E Ratio

343.33

RoNW

2.04%

Net Asset Value (NAV) - Post Issue

₹14.46/-

Pace E-Commerce Ventures Limited Company Financials All values are in ₹ Lakh

31-Mar-2231-Mar-2131-Mar-20
Assets3241.712786.01157.97
Revenue1054.15171.89150.42
Profit After Tax54.127.180.34

About The 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.

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Pace E-Commerce Ventures Limited - Promoter(s)

Pre Issue Share Holding: 91.12%

Post Issue Share Holding: 65.00%

Company Promoter(s)

  1. Mr. Shaival Dharmendra Gandh

Pace E-Commerce Ventures Limited IPO - Issue Objectives

  1. Acquisition of plant and machineries
  2. Working capital requirement
  3. General Corporate Purpose
  4. Meeting Public Issue Expenses

Pace E-Commerce Ventures Limited IPO - FAQs

Ans. Pace E-Commerce Ventures Limited IPO is a SME IPO. The issue is priced at ₹103 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Sep 29, 2022, and closes on Oct 13, 2022. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Pace E-Commerce Ventures Limited IPO opens on Sep 29, 2022 and closes on Oct 13, 2022.

Ans. The size of Pace E-Commerce Ventures Limited IPO is 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).

Ans. The IPO price band is set between ₹103 per equity share.

Ans. To apply for Pace E-Commerce Ventures Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Pace E-Commerce Ventures Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Pace E-Commerce Ventures Limited IPO is Oct 18, 2022.

Ans. The Pace E-Commerce Ventures Limited IPO will be listed on Oct 20, 2022.

Ans. Follow the steps to check the allotment status for Pace E-Commerce Ventures Limited IPO here.