Ace Seafood Bazaar Private Limited

Ace Seafood Bazaar Private Limited - food and beverages in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U15120MH2004PTC147588 Incorporated 20 July 2004 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company food and beverages MSME · Small
Data last updated
Revenue · FY 2021
₹13.04 Cr
▲ 47% YoY
Net loss · FY 2021
₹21.5 Lakh
Net margin -1.6%
EBITDA · FY 2021
-₹35,928
EBITDA margin 0%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹8.7 Lakh
Issued & subscribed
Satisfied charges
₹1.97 Cr
No open charges
Company age
22 yrs
Est. 2004
Employees · EPFO
47
Provident fund records

About Ace Seafood Bazaar Private Limited

Data last updated:

Ace Seafood Bazaar Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the meat and fish processing and distribution segment of the food and beverages sector. It was incorporated on 20 July 2004 and has been in existence for over 22 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U15120MH2004PTC147588. Its GSTIN is 27AAECA8785B1ZK (Maharashtra).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8.7 Lakh. It is led by directors including Shashank Ashok Patil and Sangram Ramesh Sawant.

Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Gala No. 34 61 & 62 Grd Floor A To Z Industrial Estate Ganpatrao K Lower Parel – (West), Mumbai, Maharashtra, India – 400013.

As per the financials filed for FY 2021, the company reported a revenue of ₹13.04 Cr, a growth of 47% compared to the previous year. For the same year it recorded a net loss of ₹21.5 Lakh (net margin -1.6%) and EBITDA of -₹35,928 (EBITDA margin 0%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 1% over five years.

The company has about 47 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.

The company is associated with 1 brand: Pescafresh. As per MCA filings, the company has satisfied charges of ₹1.97 Cr on record. Court records list 20 cases involving the company, including 20 filed against it; 1 case is pending. The company has 12 deals on record (5 rights issues, 3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹16.52 Cr; the latest was in April 2022. Its 10 peer companies in the Food and Beverages industry (Meat and Fish Processing) are compared by revenue, 5 larger and 5 smaller; the largest is Aasrit Energy Plantations Private Limited with revenue of ₹18.3 Cr.

Ace Seafood Bazaar Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0199801). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pescafresh.com.

Company Details of Ace Seafood Bazaar Private Limited
CIN U15120MH2004PTC147588
Registration Number 147588
Incorporation Date 20 July 2004
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0199801

Recognitions & Rankings of Ace Seafood Bazaar

MSME (Udyam registered) Ministry of MSME
Category
Small (2023-24)
Udyam number
UDYAM-MH-19-0199801
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    Gala No. 34 61 & 62 Grd Floor A To Z Industrial Estate Ganpatrao K Lower Parel – (West), Mumbai, Maharashtra, India – 400013
  • Industry
    Food and Beverages, Meat & Fish Processing & Distribution
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Financials, compliance, directors, charges, ownership and filings for Ace Seafood Bazaar Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Associated Brands with Ace Seafood Bazaar Private Limited

Ace Seafood Bazaar operates one associated brand: Pescafresh. Each brand links to its own profile.

BrandDescriptionWebsite
Fresh seafood and meat are delivered via an online platform.pescafresh.com

Business Activity of Ace Seafood Bazaar Private Limited

The main business activity of Ace Seafood Bazaar is trade. In detail, this covers retail trading.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
GTradeG2Retail TradingLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

  • Turnover contribution
  • Historical classifications
  • Filing-level activity changes

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Financials of Ace Seafood Bazaar Private Limited FY 2021 filings available

Ace Seafood Bazaar Private Limited reported revenue of ₹13.04 Cr (up 47% YoY) for FY 2021.

Revenue · FY 2021
₹13.04 Cr ▲ 47%
Net loss · FY 2021
₹21.5 Lakh margin -1.6%
EBITDA · FY 2021
-₹35,928 margin 0%

Compounded Annual Growth Rate (CAGR) of Ace Seafood Bazaar Private Limited

Revenue CAGR growth
1 year
▲ 47%
3 years · compounded
▲ 22%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▼ 131%
3 years · compounded
▼ 26%
5 years · compounded
▲ 57%

Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 47% growth in the latest year. EBITDA fell 131% 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 of Ace Seafood Bazaar Private Limited

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profit and Loss Statement
Revenue from Operations₹13.04 Cr••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue••••••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA-₹35,928••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹21.5 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 of Ace Seafood Bazaar Private Limited

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin0%••••••••••••••••
Net Profit Margin-1.6%••••••••••••••••
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 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 Ace Seafood Bazaar are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Board of Directors of Ace Seafood Bazaar Private Limited

Ace Seafood Bazaar has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Shashank Ashok PatilDirector22 May 20197 Years 4 MonthsCurrent
Sangram Ramesh SawantDirector20 Dec 20214 Years 10 MonthsCurrent
Arvind Murlidhar UplenchwarDirector04 Oct 20215 Years 0 MonthsCurrent
Shweta Sangram SawantDirector02 Oct 201214 Years 0 MonthsCurrent

Peer Comparison of Ace Seafood Bazaar Private Limited

Ace Seafood Bazaar Private Limited is compared with the companies closest to it by revenue in the Food and Beverages industry (Meat and Fish Processing). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Aasrit Energy Plantations Private Limited₹18.3 Cr (FY 2025)••••••••91.0%••••Hyderabad, Telangana, India
S.M. Agri Exports Private Limited₹17.83 Cr (FY 2025)••••••••-68.0%••••New Delhi, Delhi, India
Star Agro Marine Exports Private Limited₹17.8 Cr (FY 2024)••••••••3.0%••••Chennai, Tamil Nadu, India
Acme SK Foods Private Limited₹16.47 Cr (FY 2025)••••••••-22.0%••••Bengaluru, Karnataka, India
Banyan Finefoods India Private Limited₹16.03 Cr (FY 2025)••••••••15.0%••••New Delhi, Delhi, India
Jaibharat Feeds Private Limited₹14.5 Cr (FY 2025)••••••••-51.0%••••Assandh, Haryana, India
Earl Corvus Habitat Private Limited₹14.39 Cr (FY 2024)••••••••33.0%••••Kollam, Kerala, India
Sisha International Seafoods Private Limited₹14.27 Cr (FY 2024)••••••••••••Chennai, Tamil Nadu, India
Costa and Company Private Limited.₹14 Cr (FY 2025)••••••••23.0%••••Goa, India
Bathsha Marine Exports Private Limited₹13.5 Cr (FY 2024)••••••••79.0%••••Ernakulam, Kerala, India
Ace Seafood Bazaar Private Limited this company₹13.04 Cr (FY 2021)••••••••47.0%••••Mumbai, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Ace Seafood Bazaar by revenue in the Food and Beverages industry (Meat and Fish Processing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Ace Seafood Bazaar Private Limited

Ace Seafood Bazaar Private Limited is audited by S R HEGDE & CO for the financial year 2021.

NameStatusAppointment DateCessation Date
S R HEGDE & COLockedLockedLocked
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Complete auditor history

Appointment and cessation dates and past auditor changes are in the company report.

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Ownership and Shareholding of Ace Seafood Bazaar Private Limited

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Shareholding and ownership data

Promoter, institutional, public and beneficial ownership figures are in the company report.

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Charges & Borrowings of Ace Seafood Bazaar Private Limited

Open charges
None
Satisfied charges
₹1.97 Cr
Breakdown by lending institutions
Oriental Bank of Commerce₹1.97 Cr
Latest charge details
DateLenderAmountStatus
08 Mar 2014Oriental Bank of Commerce₹1.3 CrSatisfied
13 Nov 2004Oriental Bank of Commerce₹66.64 LakhSatisfied

Total charge records: 2 View all charges

Deals & Funding of Ace Seafood Bazaar Private Limited

Ace Seafood Bazaar Private Limited has 12 deals on record (5 rights issues, 3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹16.52 Cr; the latest was in April 2022.

Total deals
12
Rights issues
5
Funding rounds
3
Secondary share transfers
3
Acquisition
1
Disclosed funding
₹16.52 Cr

Deals on record (5 of 12)

WhenDealAmountParties
Jun 2016Rights issue₹15 LakhInvestors: Blume Ventures, 2 individuals
Mar 2016Rights issue₹52.9 LakhInvestors: JRM Share and Stock Brokers Private Limited , Team India Managers Limited , an individual
Seller: an individual
May 2015Rights issue₹50 LakhInvestors: Blume Ventures, Fao Ventures, Aeries Technology Products and Strategies Private Limited , an individual
Sep 2014Rights issue₹50 LakhInvestors: Blume Ventures, Fao Ventures, 2 individuals
Sep 2013Secondary share transferUndisclosedBuyer: Blume Ventures, 3 individuals
Seller: an individual
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Full deal history

All 12 deals with amounts, valuations, instruments and every party are in the company report.

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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Employees and EPFO Compliance at Ace Seafood Bazaar Private Limited

Ace Seafood Bazaar Private Limited has a workforce of 47 employees as of Apr 05, 2024.

Employee count
47
Active EPFO establishments
1
Employee growth
213.33%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Group Structure of Ace Seafood Bazaar Private Limited

Ace Seafood Bazaar has 1 subsidiary company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key Subsidiaries
Company NameCINShares Held
Srws Foods Private LimitedU01222MH2019PTC325690Locked

Showing major subsidiaries. Total: 1.

Recent Activity on Ace Seafood Bazaar Private Limited

Ace Seafood Bazaar Private Limited has 12 board changes on record since 2009: 4 appointments and 8 cessations. The latest: Sangram Ramesh Sawant was appointed as Director on 20 Dec 2021.

Charges
A charge registered on 08 Mar 2014 via Charge ID 10482724 with Oriental Bank Of Commerce was fully satisfied on 07 Jun 2022.
Appointed
Sangram Ramesh Sawant was appointed as Director.
AGM
Ace Seafood Bazaar Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Ceased
Arvind Murlidhar Uplenchwar ceased to be Additional Director.
Ceased
Srikanth Partha Sarathy ceased to be Director.
Appointed
Arvind Murlidhar Uplenchwar was appointed as Director.
Filing
Ace Seafood Bazaar Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai.
Ceased
Shashank Ashok Patil ceased to be Additional Director.
Appointed
Shashank Ashok Patil was appointed as Director.
Ceased
Sangram Ramesh Sawant ceased to be Managing Director.
Charges
A charge with Oriental Bank Of Commerce of Rs. 130.00 Lakh registered on 08 Mar 2014 with Charge ID 10482724 was modified on 08 Mar 2016.
Charges
A charge with Oriental Bank Of Commerce amounted to Rs. 130.00 Lakh with Charge ID 10482724 was registered on 08 Mar 2014.

9 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Ace Seafood Bazaar Private Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Ace Seafood Bazaar Private Limited

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MSME payment history

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Subsidiaries & Group Companies of Ace Seafood Bazaar Private Limited

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Corporate group structure

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GST Compliance of Ace Seafood Bazaar Private Limited

Ace Seafood Bazaar has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAECA8785B1ZKMaharashtraActive27 Mar 2022
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Ace Seafood Bazaar Private Limited

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MCA filings and documents

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Frequently Asked Questions about Ace Seafood Bazaar Private Limited

Ace Seafood Bazaar is an active private limited company based in Mumbai, Maharashtra, India. The company works in meat and fish processing and distribution, within the food and beverages industry. It was incorporated on 20 July 2004 (22+ years old) and is registered under CIN U15120MH2004PTC147588.

Ace Seafood Bazaar reported revenue of ₹13.04 Cr for FY 2021 (up 47% YoY).

Ace Seafood Bazaar has 4 current directors:

Ace Seafood Bazaar reported a net loss of ₹21.5 Lakh (net margin -1.6%) and EBITDA of -₹35,928 (EBITDA margin 0%) for FY 2021, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Ace Seafood Bazaar is 22% over three years and 1% over five years. In the latest year (FY 2021) revenue rose 47%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Ace Seafood Bazaar is 27AAECA8785B1ZK, registered in Maharashtra.

The CIN (Corporate Identification Number) of Ace Seafood Bazaar is U15120MH2004PTC147588. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ace Seafood Bazaar has 20 court cases on record: 20 filed against it. 1 is pending.

Ace Seafood Bazaar was incorporated on 20 July 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.

Ace Seafood Bazaar has 12 deals on record (5 rights issues, 3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹16.52 Cr; the latest was in April 2022.

The peers of Ace Seafood Bazaar by revenue are Aasrit Energy Plantations Private Limited, S.M. Agri Exports Private Limited, Star Agro Marine Exports Private Limited, Acme SK Foods Private Limited, Banyan Finefoods India Private Limited and 5 more, all in the Food and Beverages industry (Meat and Fish Processing).

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