Seapearl Hotels Private Limited
About Seapearl Hotels Private Limited
Data last updated:
Seapearl Hotels Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Seapearl Holdings Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 13 March 2007.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U55204MH2007PTC168713. Its GSTIN is 27AAKCS6859E1ZV (Maharashtra).
The company had an authorised share capital of ₹12 Cr and a paid-up capital of ₹5.27 Cr. It was led by directors including Sanjay Sethi and Milind Wadekar.
Its last annual general meeting (AGM) was held on 15 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 4th Floor Raheja Tower Plot No. C – 30 Block 'G' Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2022, the company reported a revenue of ₹40.4 Lakh, a decline of 36% compared to the previous year. For the same year it recorded a net profit of ₹27.25 Lakh (net margin 67.4%) and EBITDA of ₹35.49 Lakh (EBITDA margin 87.9%). Revenue has grown at a compounded annual rate (CAGR) of 294% over three years and 83% over five years.
Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 1 case is pending.
Company details
Contact details
Seapearl Hotels Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address4th Floor Raheja Tower Plot No. C – 30 Block 'G' Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Seapearl Hotels Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Seapearl Hotels Private Limited
FY 2022 filings availableSeapearl Hotels Private Limited reported revenue of ₹40.4 Lakh (down 36% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 36% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 83%. EBITDA fell 33% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹40.4 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹35.49 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹27.25 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 87.9% | ||||
| Net Profit Margin | 67.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Seapearl Hotels Private Limited, buy the company report.
Board of directors of Seapearl Hotels Private Limited
Seapearl Hotels has 3 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Sethi Also directs: SS Advisory LLP, Chalet Hotels Limited, Chalet Hotels & Properties (Kerala) Private Limited and 3 more | Director | 07 Feb 2020 | 6 Years 9 Months | As last reported |
| Milind Wadekar | Director | 05 Aug 2020 | 6 Years 3 Months | As last reported |
| Karuna Nasta Also directs: The Dukes Retreat Private Limited, Sonmil Industries Private Limited, Ayushi and Poonam Estates LLP and 1 more | Director | 07 Feb 2020 | 6 Years 9 Months | As last reported |
Peer comparison
Seapearl Hotels Private Limited is compared with the 10 companies closest to it by revenue in the Consumer Services industry (Hotels), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| TKK Avenues Private Limited | ₹40.47 Lakh (FY 2019) | 35.0% | Bangalore, Karnataka, India | |||
| Ancient Rock Hotels Private Limited | ₹40.44 Lakh (FY 2020) | Ghaziabad, Uttar Pradesh, India | ||||
| Sarvamangalam Inn Private Limited | ₹40.44 Lakh (FY 2024) | 52.0% | Puducherry, India | |||
| Richie Rich Resorts Limited | ₹40.43 Lakh (FY 2017) | -34.0% | Mumbai, Maharashtra, India | |||
| RSR Inns Private Limited | ₹40.42 Lakh (FY 2024) | 4.0% | Telangana, India | |||
| Seapearl Hotels Private Limitedthis company | ₹40.4 Lakh (FY 2022) | ₹27.25 Lakh | 67.4% | -36.0% | Mumbai, Maharashtra, India | |
| Ajuni Care Private Limited | ₹40.38 Lakh (FY 2025) | -100.0% | Delhi, India | |||
| Just Naturals Agro Products Private Limited | ₹40.37 Lakh (FY 2025) | 18.0% | Delhi, India | |||
| Shabros Hotels Private Limited | ₹40.33 Lakh (FY 2025) | 4.0% | Chennai, Tamil Nadu, India | |||
| Coracao Homes Private Limited | ₹40.33 Lakh (FY 2020) | 543.0% | Jaipur, Rajasthan, India | |||
| Aptin Projects (India) Private Limited | ₹40.31 Lakh (FY 2024) | 95.0% | Aluva, Kerala, India |
To see the full peer comparison of Seapearl Hotels Private Limited, buy the company report.
Auditor
Seapearl Hotels Private Limited is audited by S R B C & CO LLP for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & CO LLP | FY 2019 | 324982E/E300003 |
Shareholding
The shareholding of Seapearl Hotels Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Seapearl Hotels Private Limited, buy the company report.
Legal cases
Seapearl Hotels Private Limited has 5 court cases on record: 3 filed by Seapearl Hotels, 2 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 1 |
| District courts | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Appeal | Filed by the company against individuals | Pending |
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS Cases) | Filed against the company by an individual | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by an individual | Disposed |
| High Court, TAMIL NADU | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Seapearl Hotels Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Seapearl Hotels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Seapearl Hotels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCS6859E1ZV | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Seapearl Hotels Private Limited, buy the company report.
Recent activity
Seapearl Hotels Private Limited has 22 board changes on record since 2008: 3 appointments and 19 cessations. The latest: Rajib Dattaray ceased to be Director on 30 Sep 2021.
13 earlier events are in the company report.
Frequently asked questions
Seapearl Hotels has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Seapearl Hotels was a private limited company based in Mumbai, Maharashtra, India. The company worked in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 13 March 2007 and is registered under CIN U55204MH2007PTC168713. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Seapearl Hotels was incorporated on 13 March 2007. It is registered with the Registrar of Companies, Mumbai.
Seapearl Hotels had 3 directors:
- Sanjay Sethi - Director
- Milind Wadekar - Director
- Karuna Nasta - Director
The CIN (Corporate Identification Number) of Seapearl Hotels is U55204MH2007PTC168713. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Seapearl Hotels is at 4th Floor Raheja Tower Plot No. C – 30 Block G Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051.
The latest financial statements of Seapearl Hotels on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 15 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Seapearl Hotels is 27AAKCS6859E1ZV, registered in Maharashtra.
Seapearl Hotels operated in the travel and hospitality industry, in the hotel and accommodation services segment.
The peers of Seapearl Hotels by revenue are TKK Avenues Private Limited, Ancient Rock Hotels Private Limited, Sarvamangalam Inn Private Limited, Richie Rich Resorts Limited, RSR Inns Private Limited and 5 more, all in the Consumer Services industry (Hotels).
Seapearl Hotels has 5 court cases on record: 3 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
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