MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-MH-19-0199801
Ace Seafood Bazaar Private Limited - food and beverages in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
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.
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
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
Key People
Shashank Ashok Patil Director Sangram Ramesh Sawant Director Arvind Murlidhar Uplenchwar Director Recognitions & Rankings of Ace Seafood Bazaar
Contact details
Ace Seafood Bazaar Private Limited's registered office is in Mumbai, Maharashtra. Its website is pescafresh.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressGala No. 34 61 & 62 Grd Floor A To Z Industrial Estate Ganpatrao K Lower Parel – (West), Mumbai, Maharashtra, India – 400013
- IndustryFood and Beverages, Meat & Fish Processing & Distribution
To see the full contact details of Ace Seafood Bazaar Private Limited, buy the company report.
Comprehensive company report
Ace Seafood Bazaar Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Brands
Ace Seafood Bazaar operates one associated brand: Pescafresh. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Fresh seafood and meat are delivered via an online platform. | pescafresh.com |
Business activity
The main business activity of Ace Seafood Bazaar is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Ace Seafood Bazaar Private Limited, buy the company report.
Financials of Ace Seafood Bazaar Private Limited
FY 2021 filings availableAce 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)
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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 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 | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0% | ||||
| Net Profit Margin | -1.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Ace Seafood Bazaar Private Limited, buy the company report.
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
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shashank Ashok Patil Also directs: SRWS Foods Private Limited | Director | 22 May 2019 | 7 Years 5 Months | Current |
| Sangram Ramesh Sawant | Director | 20 Dec 2021 | 4 Years 10 Months | Current |
| Arvind Murlidhar Uplenchwar Also directs: Four Seasons Wines Limited, Charosa Wineries Limited | Director | 04 Oct 2021 | 5 Years 0 Months | Current |
| Shweta Sangram Sawant Also directs: SRWS Foods Private Limited | Director | 02 Oct 2012 | 14 Years 0 Months | Current |
Auditor
Ace Seafood Bazaar Private Limited is audited by S R HEGDE & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R HEGDE & CO | FY 2021 | 103617W |
Shareholding
The shareholding of Ace Seafood Bazaar Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ace Seafood Bazaar Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹1.97 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Mar 2014 | 10482724 | Oriental Bank of Commerce | ₹1.3 Cr | Satisfied | |
| 13 Nov 2004 | 80027667 | Oriental Bank of Commerce | ₹66.64 Lakh | Satisfied |
To see the full charge records of Ace Seafood Bazaar Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
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)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2016 | Rights issue | ₹15 Lakh | Investors: Blume Ventures, 2 individuals |
| Mar 2016 | Rights issue | ₹52.9 Lakh | Investors: JRM Share and Stock Brokers Private Limited , Team India Managers Limited , an individual Seller: an individual |
| May 2015 | Rights issue | ₹50 Lakh | Investors: Blume Ventures, Fao Ventures, Aeries Technology Products and Strategies Private Limited , an individual |
| Sep 2014 | Rights issue | ₹50 Lakh | Investors: Blume Ventures, Fao Ventures, 2 individuals |
| Sep 2013 | Secondary share transfer | Undisclosed | Buyer: Blume Ventures, 3 individuals Seller: an individual |
To see the full deal history of Ace Seafood Bazaar Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ace Seafood Bazaar Private Limited has 20 court cases on record: 20 filed against it. 1 case is pending and 19 are disposed.
Total cases
20
Filed against the company
20
Pending
1
Disposed
19
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 20 | 1 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Polar Quality India Private Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Tata Teleservices Maharashtra Ltd. Th Sandeep Kak | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by M/S Jugaad Advertising Pvt Ltd | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (LEC) | Filed against the company by an individual | Pending |
| District court, South East, Delhi | Cheque dishonour complaint | Filed against the company by an individual | Disposed |
To see the full case history of Ace Seafood Bazaar 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 Ace Seafood Bazaar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
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 Name | CIN | Shares held |
|---|---|---|
| SRWS Foods Private Limited | U01222MH2019PTC325690 |
Employees & EPFO
Ace Seafood Bazaar Private Limited has a workforce of 47 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
47
Active EPFO establishments
1
Employee growth
213.33%
GST
Ace Seafood Bazaar has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECA8785B1ZK | Maharashtra | Active | 27 Mar 2022 |
To see the full GST registrations and return filing status of Ace Seafood Bazaar Private Limited, buy the company report.
Recent activity
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 in the company report.
News
Frequently asked questions
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 has 4 current directors:
- Shashank Ashok Patil - Director
- Sangram Ramesh Sawant - Director
- Arvind Murlidhar Uplenchwar - Director
- Shweta Sangram Sawant - Director
The latest financial statements of Ace Seafood Bazaar on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
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.
Sangram Ramesh Sawant was appointed as Director on 20 Dec 2021. Arvind Murlidhar Uplenchwar ceased to be Additional Director on 30 Nov 2021. Srikanth Partha Sarathy ceased to be Director on 22 Oct 2021. Ace Seafood Bazaar has 12 board changes on record in total.
Yes, Ace Seafood Bazaar is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0199801).