Pace E-Commerce Ventures Limited

Offer PeriodSep 29, 2022 – Oct 13, 2022

Sep 29, 2022 – Oct 13, 2022

BSE - SMEListed

Listed Price:

₹104.50

(+1.46%)

Price Band₹103 - ₹103

Lot Size1,200 Shares

Allotment DateOct 18, 2022

Listing DateOct 20, 2022

Subscription1.14 Times

Issue Size₹66.53 Cr

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IPO Details

Subscription

Lot Distribution

Reservation

Company Fin.

₹0
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Following its successful public offering, Pace E-Commerce Ventures Limited's made its market debut on Oct 20, 2022 and is now actively traded on the BSEplatform. The IPO mobilized 64,59,600 Shares in total capital, including 36,67,600 Shares in primary equity infusion and ₹25.33 Cr in secondary share sales.

The offering was structured with a price band of ₹103 to ₹103 and minimum investment lots of 1200 shares. Investor participation during the subscription window from Sep 29, 2022 to Oct 13, 2022 demonstrated market confidence in the company's prospects.

The allotment process concluded on Oct 18, 2022, allocating shares to successful bidders. The listing represents the culmination of the IPO process, transitioning the company to publicly traded status with enhanced transparency and governance standards.

Pace E-Commerce IPO Details

IPO Date

Sep 29, 2022 to Oct 13, 2022

Allotment Date

Oct 18, 2022

List Date

Oct 20, 2022

Lot Size

1,200 share

Issue Price

₹103 - ₹103

Issue Size

64,59,600 (aggregating up to 66.53 Cr)

Fresh Issue

36,67,600 (aggregating up to 37.78 Cr)

Offer For Sale

24,59,600 (aggregating up to 25.33 Cr)

Listing At

BSE

Share Holding Pre-Issue

1,85,33,510

Share Holding Post-Issue

2,25,33,510

Market Marker Portion

3,32,400

First time applying for an IPO? Read our guide on How to Apply for an IPO & Bidding Timings.

Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

Category	Lot(s)	Qty	Amount

Category	Lot(s)	Qty	Amount
Retail (Min)	1	1200	1,23,600
HNI	2	2400	2,47,200

IPO Reservation

Shares64,59,600

Market Maker

5.15%(3,32,400)

NII (HNI)

47.43%(30,63,600)

RETAIL

47.43%(30,63,600)

Total

100.00%(64,59,600)

Pace E-Commerce IPO Key Performance Indicators

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KPI

KPI
No data

Want to understand how to evaluate these metrics? Read our guide on IPO Key Performance Indicators (KPIs).

Company Financials (In Lakhs)

Period Ended	Mar-20	Mar-21	Mar-22

Period Ended	Mar-20	Mar-21	Mar-22
Assets	157.97	2786.01	3241.71
Revenue	150.42	171.89	1054.15
Net Worth	7.24	2595.32	2649.44
profit After Tax	0.34	7.18	54.12
Reserves And Surpluse	6.24	6.24	817.54
Total Borrowing	0	0	0

Pace E-Commerce IPO About Company

Incorporated in 2015, Pace E-Commerce Ventures Limited offers a wide range of children’s furniture, bedding, housewares, and essential products, with a portfolio that includes beds and cribs, seating and lounging, storage solutions, décor, kids and baby bedding, homeware, toys, games, outdoor ride-ons, and art and craft items. The company provides an extensive product range across multiple categories and has expanded into on-demand printing and manufacturing for both B2C and B2B customers. Pace E-Commerce Ventures Limited has also secured manufacturing and distribution licenses for several leading brands in the kids’ entertainment industry, strengthening its market presence and product offerings.

Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."

✅Pace E-Commerce IPO Strength Factors

Partnerships with Renowned Companies: Has agreements with well-known brands serving children.
Founder-Led Management Team: Led by the founder with hands-on industry experience.
Deep Market Insights: Strong understanding of Indian consumers and merchants.

⚠️Pace E-Commerce IPO Risk Factors

🏦Pace E-Commerce IPO Lead Manager(s)

Interactive Financial Services Limited

👤Pace E-Commerce IPO Promoter(s)

Mr. Shaival Dharmendra Gandh

🏢Pace E-Commerce IPO Company Details

Pace E-Commerce Ventures Limited

Email:cs@vedantasset.com

Phone:+91 0651-3594782

Website:http://www.vedantasset.com/

address:3 rd Floor, Gayways House, Pee Pee Compound, Ranchi, Jharkhand 834001

📋Pace E-Commerce IPO Registrar

Bigshare Services Private Limited

Name:Bigshare Services Private Limited

Phone:+91-22-6263 8200

Email:ipo@bigshareonline.com

Website:http://www.bigshareonline.com

❓Pace E-Commerce IPO FAQs

Pace E-Commerce IPO is a main-board IPO of 36,67,600 equity shares of the face value of ₹10 per share aggregating up to ₹25.33 crore shares. The issue is priced at ₹103 - ₹103 per share. The minimum order quantity is .The IPO opens on Sep 29, 2022, and closes on Oct 13, 2022. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE.

Zerodha customers can apply online in Pace E-Commerce IPO using UPI as a payment gateway. Zerodha customers can apply in Pace E-Commerce IPO by login into Zerodha Console (back office) and submitting an IPO application form. Steps to apply in Pace E-Commerce IPO through Zerodha (1) Visit the Zerodha website and login to Console. (2) Go to Portfolio and click the IPOs link. (3) Go to the 'Pace E-Commerce IPO' row and click the 'Bid' button. (4) Enter your UPI ID, Quantity, and Price. (5) Submit IPO application form. (6) Visit the UPI App (net banking or BHIM) to approve the mandate. Visit Zerodha IPO Application Process Review for more detail.

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

You can apply in Pace E-Commerce IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Pace E-Commerce IPO will be done on Oct 18, 2022, and the allotted shares will be credited to your demat account by Oct 18, 2022

Pace E-Commerce IPO's listing date is Oct 20, 2022.

Pace E-Commerce Ventures Limited

IPO Details

Subscription

Lot Distribution

Reservation

Company Fin.

₹0(0.00%)

Premium (ELP)

₹0
(0.00%)