Startup India Government of India
Searo Private Limited - business services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹48.37 Lakh
▼ 6% YoY
Net profit · FY 2023
₹87,715
Net margin 1.8%
EBITDA · FY 2023
₹49,079
EBITDA margin 1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Searo Private Limited
Data last updated:
Searo Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the service-based operations segment of the business services sector. It was incorporated on 20 February 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2018PTC305267. Its GSTIN is 27AAZCS8608Q1Z0 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Parth Dinesh Mehta and Kiran Madhusudan Lad.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Fl No. 301 Damodar Park 4 – C Ghatkopar Opp Ashok Silkl Mills Lbs Marg, Mumbai, Maharashtra, India – 400086.
As per the financials filed for FY 2023, the company reported a revenue of ₹48.37 Lakh, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹87,715 (net margin 1.8%) and EBITDA of ₹49,079 (EBITDA margin 1%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years.
The company is associated with 1 brand: SeAro.
For more details, the company can be reached via its website searo.in.
Company Details of Searo Private Limited
CIN U74999MH2018PTC305267
Registration Number 305267
Incorporation Date 20 February 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Searo
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressFl No. 301 Damodar Park 4 – C Ghatkopar Opp Ashok Silkl Mills Lbs Marg, Mumbai, Maharashtra, India – 400086
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
Comprehensive company report
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- Historical financials and ratios
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Business Activity
The main business activity of Searo is accommodation and food service. In detail, this covers food and beverage services provided by hotels, restaurants, caterers, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. | Locked |
Premium access
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Searo Private Limited
FY 2023 filings availableSearo Private Limited reported revenue of ₹48.37 Lakh (down 6% YoY) for FY 2023.
Revenue · FY 2023
₹48.37 Lakh ▼ 6%
Net profit · FY 2023
₹87,715 margin 1.8%
EBITDA · FY 2023
₹49,079 margin 1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 112%
3 years · compounded
▲ 27%
Revenue fell 6% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA rose 112% 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 2022-23 | FY 2018-19 to FY 2021-22in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | |
| Other Income | •••• | |
| Total Revenue | •••• | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | ₹49,079 | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹87,715 | |
| 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 2022-23 | FY 2018-19 to FY 2021-22in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 1% | |
| Net Profit Margin | 1.8% | |
| 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2018-19 to FY 2021-22, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Searo are in the company report.
: available in the company report
Board of Directors of Searo Private Limited
Searo has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parth Dinesh Mehta Also directs: Boldkaffa Private Limited | Director | 20 Feb 2018 | 8 Years 8 Months | Current |
| Kiran Madhusudan Lad | Director | 25 Nov 2022 | 3 Years 10 Months | Current |
Peer Comparison
Searo Private Limited is compared with the companies closest to it by revenue in the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shubh Uniworks Private Limited | ₹48.56 Lakh (FY 2018) | •••• | •••• | •••• | Raja Bazar, New Capital, Bihar, India | |
| Old's Cool Bistro Private Limited | ₹48.51 Lakh (FY 2019) | •••• | •••• | •••• | Thiruvananthapuram, Kerala, India | |
| Shree Rudra Hospitality Private Limited | ₹48.43 Lakh (FY 2022) | •••• | •••• | •••• | Gurgaon, Haryana, India | |
| Chick N Pickle Private Limited | ₹48.43 Lakh (FY 2023) | •••• | •••• | 22.0% | •••• | Thodupuzha, Kerala, India |
| Araga Foods Private Limited | ₹48.41 Lakh (FY 2024) | •••• | •••• | 9.0% | •••• | Mumbai, Maharashtra, India |
| Searo Private Limited this company | ₹48.37 Lakh (FY 2023) | •••• | •••• | -6.0% | •••• | Mumbai, Maharashtra, India |
| CK F&B Private Limited | ₹48.33 Lakh (FY 2025) | •••• | •••• | 34.0% | •••• | Surat, Gujarat, India |
| Bon Viveur Food and Beverage Private Limited | ₹48.31 Lakh (FY 2025) | •••• | •••• | 94.0% | •••• | Agartala, Tripura, India |
| Pelican Grand Motels Private Limited | ₹48.26 Lakh (FY 2022) | •••• | •••• | -80.0% | •••• | New Delhi, Delhi, India |
| Aqani International Private Limited | ₹48.24 Lakh (FY 2023) | •••• | •••• | •••• | Bareilly, Uttar Pradesh, India | |
| Cawnpore Girls Private Limited | ₹48.22 Lakh (FY 2018) | •••• | •••• | •••• | Kanpur, Uttar Pradesh, India |
Peers are the companies nearest to Searo by revenue, above and below it, in the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Searo Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Searo.
: available in the company report
Recent Activity
Searo Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Lad Kartik Kiran ceased to be Director on 26 Nov 2022.
AGM
Searo Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Searo Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Ceased
Lad Kartik Kiran ceased to be Director.
Appointed
Kiran Madhusudan Lad was appointed as Director.
Appointed
Parth Dinesh Mehta was appointed as Director.
Incorporation
20 Feb 2018
Searo Private Limited was registered on 20 Feb 2018 with Roc Mumbai & aged 8 years 8 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Searo has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAZCS8608Q1Z0 | Maharashtra | Active | 06 Jul 2019 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Searo is an active private limited company based in Mumbai, Maharashtra, India. The company works in other services, within the business services industry. It was incorporated on 20 February 2018 (8+ years old) and is registered under CIN U74999MH2018PTC305267.
Searo has 2 current directors:
- Parth Dinesh Mehta - Director
- Kiran Madhusudan Lad - Director
The latest financial statements of Searo on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Searo is 27AAZCS8608Q1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of Searo is U74999MH2018PTC305267. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Searo was incorporated on 20 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Searo by revenue are Shubh Uniworks Private Limited, Old's Cool Bistro Private Limited, Shree Rudra Hospitality Private Limited, Chick N Pickle Private Limited, Araga Foods Private Limited and 5 more, all in the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.).
Lad Kartik Kiran ceased to be Director on 26 Nov 2022. Kiran Madhusudan Lad was appointed as Director on 25 Nov 2022. Parth Dinesh Mehta was appointed as Director on 20 Feb 2018.
Yes, Searo is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Searo can be reached through the website searo.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Searo is at Fl No. 301 Damodar Park 4 – C Ghatkopar Opp Ashok Silkl Mills Lbs Marg, Mumbai, Maharashtra, India – 400086.