Pace E-Commerce Ventures
22.49
-0.16(-0.71%)
Market Cap₹51.00 Cr
PE Ratio15.14
IndustryRetail
Company Performance:
1D-0.71%
1M-6.68%
6M-8.13%
1Y-40.83%
5Y-79.50%
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More news about Pace E-Commerce Ventures
05Sept 25
Pace E-Commerce Ventures Plans Registered Office Shift, Expands Business Scope
Pace E-Commerce Ventures Limited has announced significant changes following a board meeting on September 5, 2025. The company plans to relocate its registered office from Maharashtra to Gujarat, subject to approvals. The board approved expanding the business scope to include beverage manufacturing and recycling solutions. The 10th Annual General Meeting is scheduled for September 27, 2025, with book closure dates set from September 20 to 27. Key appointments include reappointment of Mr. Harshal Chandrakant Gala as Non-Executive Director, Mr. Dipesh Anupkumar Mistry as Secretarial Auditor, and M/s Ashish N. Parikh & Co. as Internal Auditor. The board also approved the Director's Report and Secretarial Audit Report for the year ended March 31, 2025.
04Sept 25
Pace E-Commerce Ventures MD & CFO Reduces Stake in Open Market Transaction
Shaival Dharmendra Gandhi, Managing Director and CFO of Pace E-Commerce Ventures Limited, sold 442,800 equity shares (1.96% of total share capital) in an open market transaction valued at ₹97,72,596. Gandhi's shareholding decreased from 60.66% to 58.69%, but he remains a significant shareholder and part of the promoter group. The company, listed on BSE, has a total equity share capital of 2,25,33,510 shares with a face value of ₹10 each. The transaction was reported to BSE in compliance with SEBI regulations.
28Aug 25
Nykaa's Kay Beauty Expands to UK Market, Eyes Global Presence
Nykaa's parent company, FSN E-Commerce Ventures, is launching its Kay Beauty brand in the UK through a partnership with Space NK. The brand will be available in 13 Space NK stores and online platforms. This move is part of Nykaa's broader international expansion strategy, with plans to enter the US, Middle East, and Asian markets. Nykaa aims to increase its in-house brands' gross merchandise value from 21 billion rupees to 60 billion rupees by March 2030. The company's shares have gained almost 40% this year, outperforming the Nifty 50 Index.
13Aug 25
FSN E-Commerce Ventures Reports Robust Q1 Performance with 143% Surge in Net Profit
Pace E-Commerce Ventures, Nykaa's parent company, reported impressive Q1 financial results. Net profit surged 143% to ₹233.00 crore, while revenue grew 23.4% to ₹2,155.00 crore. EBITDA increased 46.7% to ₹141.00 crore, with the EBITDA margin improving to 6.53%. The company's annual performance shows a 63.95% revenue increase and a 35.42% net profit growth, indicating strong market presence and operational efficiency in the e-commerce sector.
Pace E-Commerce Ventures
22.49
-0.16
(-0.71%)
1 Year Returns:-40.83%
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