Pace E-Commerce Ventures Ltd Share Price

The company was originally incorporated as “Pace Sports and Entertainment Private Limited” as Private Limited Company under the provisions of Companies Act, 2013 vide Certificate of Incorporation dated August 05,2015 bearing Corporate Identification Number issued by the Assistant Registrar of Companies, Pune. Subsequently, the name of the Company was changed to “Pace E-Commerce Ventures Private Limited” and a fresh certificate of incorporation was issued by Registrar of Companies, Pune on July 25, 2022. After that, the Company was converted in to a public limited Company pursuant to a special resolution passed by its shareholders at the EGM held on August 03, 2022 and consequently the name of the Company was changed to “Pace E-Commerce Ventures Limited” and a fresh certificate of incorporation was issued by the Registrar of Companies, Pune dated August 08, 2022.

The company started in August 2015 as a business that would give the kids/young consumers and sports enthusiasts in India access to International Football Clubs Merchandise and International Sports Brands apparels and Sports Goods. It started with imports and distribution of branded international sports apparels and extended to various branded merchandise and accessories. Thereafter it acquired manufacturing and distribution licenses of some of the popular and biggest brands in the Kids Entertainment Industry. This helped it in reaching a larger distribution area and a wider population. This wider assortment of products and customer base helped it gain valuable insights and obtain information and data as to what today‘s customer really want. It has spent time for developing on these valuable information and data points from its customers including but not limited to, Kids, Teenagers, Young Adults and Young Parents. It arrived at a clear conclusion - The demand is very swiftly moving to customized, personalized products.

Thereafter, the company established its own e-commerce portal, www.cotandcandy.com offering a large range of products across different categories. It also started catering to number of request for on demand printing and manufacturing of products for both B2C and B2B Customers. Later, the portal expanded product categories to kids sports, kids fashion, kids furniture and home textiles. It currently have exclusive manufacturing and distribution rights for world renowned kids character entertainment brands and products in its portfolio including Licenses of Internationally reputed Kids brand. Besides these it has also developed good collection of Home Textiles and gifting products under its own private labels. In this journey, it has gradually transformed from an importer, licensee and distributor to an online digital retail and providing an online platform to manufacturing Company for unique and personalized products. At present company operates across all cities in India through the online channels and most major cities through offline distribution of products.

Business area of the company

The company 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, Decor 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.