Pace E-Commerce Ventures Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 3,063,600 (47%) | — | ₹3,156 Cr |
| Retail | — | 3,063,600 (47%) | — | ₹3,156 Cr |
| Market Maker | — | 332,400 (5%) | — | ₹34 Cr |
| Σ Total | — | 6,459,600 (100%) | — | ₹66,534 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹123,600 |
| Retail (Max) | 13 | 15,600 | ₹1,606,800 |
| S-HNI (Min) | 14 | 16,800 | ₹1,730,400 |
| B-HNI (Min) | 67 | 80,400 | ₹8,281,200 |
Financial Statements Amount in Lakhs
| Metric | 31-Mar-20 | 31-Mar-21 | 31-Mar-22 |
|---|---|---|---|
| Revenue | 150 | 172 | 1,054 |
| Profit After Tax | 0 | 7 | 54 |
| Net Worth | 7 | 2,595 | 2,649 |
| Total Assets | 158 | 2,786 | 3,242 |
| Reserves & Surplus | 6 | 6 | 818 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Acquisition of plant and machineries – 9.74
- 2 Working capital requirement – 12.00
- 3 General Corporate Purpose – 10.00
Company Overview
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.
Competitive Strength :
- Agreements with widely known companies working for kids.
- Founder led management Team
- The company's insights of Indian Consumers and merchants.