Pace E-Commerce Ventures Limited, a 2015 incorporated company, is set to begin its initial public offering (IPO) on September 29, 2022. The company Pace E-Commerce Ventures Limited sells furniture, bedding, accessories, and other necessities for kids.
The company’s product line includes Scooters and Ride-Ons, Dolls, Action Figures, Soft Toys, Seating and Lounging, Storage & Organisers, Playroom Furniture, Bins and Baskets, Baby Bedding & Kid’s Essentials.
Pace E-Commerce IPO:Overview
| Pace E-Commerce Ventures Limited IPO Date | Sep 29, 2022 to Oct 10, 2022 |
| Pace E-Commerce Ventures Limited IPO Opening Date | Sep 29, 2022 |
| Pace E-Commerce Ventures Limited IPO Closing Date | Oct 10, 2022 |
| Pace E-Commerce Ventures Limited IPO Face Value | ₹10 per share |
| Pace E-Commerce Ventures Limited Price | ₹103 per share |
| Pace E-Commerce Ventures Limited IPO Lot Size | 1200 Shares |
| 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) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE,SME |
| NII (HNI) Shares Offered | 50% of the net offer |
| Retail Shares Offered | 50% of the net offer |
| Company Promoters | Mr. Shaival Dharmendra Gandhi is the company promoter. |
Pace E-Commerce Ventures Limited IPO Lot Size
1200 shares make up the Pace E-Commerce Ventures IPO lot. An individual retail investor may submit an application for up to 1 lot (1200 shares, or 123,600).
| Application | Lots | Shares | Amount |
| Retail (MIN) | 1 | 1200 | ₹123,600 |
| Retail (MAX) | 1 | 1200 | ₹123,600 |
Pace E-Commerce IPO: Company Overview
Pace E-Commerce Ventures Limited was established with the purpose of giving Indian kids, teenagers, and sports enthusiasts access to apparel from global sports companies and memorabilia from global football clubs.
It all started with the importation and sale of branded, international sports apparel, and it has since developed to include a wide range of branded products and accessories. The company subsequently acquired the rights to produce and distribute goods for some of the biggest and most renowned players in the kid’s entertainment industry.
Pace E-Commerce Ventures Limited has its own online store, www.cotandcandy.com, which offers a wide selection of goods in several categories. Additionally, it began to fulfil several requests for on-demand product printing and production from both B2C and B2B customers.
Later, the portal added kid’s sports, kid’s fashion, kid’s furniture, and kid’s home textiles to its list of product categories. In its portfolio, it currently owns exclusive rights to the manufacturing and marketing of well-known kids character entertainment brands and items. In addition to this, it has produced a quality line of home textiles and gift items under its own private brands.
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Pace E-Commerce Ventures Limited Company Financials
Pace E-Commerce Offer Lead Manager
INTERACTIVE FINANCIAL SERVICES LIMITED
612, 6th Floor, Shree Balaji Heights,
Kokilaben Vyas Marg, Ellisbridge,
Ahmedabad – 380 009, Gujarat
Phone: +91-9898055647
Email: mbd@ifinservices.in
Website: www.ifinservices.in
Pace E-Commerce Ventures IPO Registrar
BIGSHARE SERVICES PRIVATE LIMITED
Office No. S6-2, 6th Floor,
Pinnacle Business Park,
Mahakali Caves Road,
Andheri (East), Mumbai – 400 093
Phone: +91 22 6263 8200
E-mail: ipo@bigshareonline.com
Website: www.bigshareonline.com
Pace E-Commerce Ventures Contact Details
PACE E-COMMERCE VENTURES LIMITED
Office no.423, 4th Floor,
C Block, Sumel -11, Opp. Namaste Circle,
Shahibaug, Ahmedabad- 380004, Gujarat
Phone: +91 85309 99431
E-mail: compliance@pacesports.in
Website: www.cotandcandy.com
