
Santa Fe Research Private Limited
About Santa Fe Research Private Limited
Data last updated:
Santa Fe Research Private Limited is a foreign private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Santa Fe Partners Holdings Llc. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 18 September 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2012FTC087722. Its GSTIN is 33AASCS2166A1ZI (Tamil Nadu).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Bharath Bhikkaji and Arun Ayyar Balavenkatasubramanian.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Cluster No 4 4th Floor Iit Madras Research Park, Chennai, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.23 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹30.14 Lakh (net margin 13.5%) and EBITDA of ₹48.4 Lakh (EBITDA margin 21.7%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 41% over five years.
The company has 2 deals on record (2 secondary share transfers); the latest was in September 2018.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Santa Fe Research Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressCluster No 4 4th Floor Iit Madras Research Park Kanagam Road, Taramani, Chennai, Tamil Nadu, India – 600113
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Santa Fe Research 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
Business activity
The main business activity of Santa Fe Research is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Santa Fe Research Private Limited, buy the company report.
Financials of Santa Fe Research Private Limited
FY 2025 filings availableSanta Fe Research Private Limited reported revenue of ₹2.23 Cr (up 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 41% over five years, including 11% growth 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹48.4 Lakh | ||||
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| Net Profit (PAT) | ₹30.14 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 21.7% | ||||
| Net Profit Margin | 13.5% | ||||
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To see the full financial statements and ratios of Santa Fe Research Private Limited, buy the company report.
Board of directors of Santa Fe Research Private Limited
Santa Fe Research has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharath Bhikkaji | Director | 28 Dec 2012 | 13 Years 10 Months | Current |
| Arun Ayyar Balavenkatasubramanian Also directs: Gyapti Labs LLP, Cautilya Traders Academy LLP | Director | 28 Apr 2016 | 10 Years 6 Months | Current |
Auditor
Santa Fe Research Private Limited is audited by SAROJ PANDA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAROJ PANDA & ASSOCIATES | FY 2023 | 017738S |
Shareholding
The shareholding of Santa Fe Research Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Santa Fe Research Private Limited, buy the company report.
Deals & funding
Santa Fe Research Private Limited has 2 deals on record (2 secondary share transfers); the latest was in September 2018.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Santa Fe Partners LLC, Santa Fe Partners Holdings LLC |
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: IIT Madras Seller: Santa Fe Partners Holdings LLC |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Santa Fe Research Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Santa Fe Research Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Santa Fe Research has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AASCS2166A1ZI | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Santa Fe Research Private Limited, buy the company report.
Recent activity
Santa Fe Research Private Limited has 7 board changes on record since 2012: 2 appointments and 5 cessations. The latest: Arun Ayyar Balavenkatasubramanian ceased to be Additional Director on 30 Sep 2016.
Frequently asked questions
Santa Fe Research is an active foreign private limited company based in Chennai, Tamil Nadu, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 18 September 2012 (14+ years old) and is registered under CIN U74999TN2012FTC087722.
Santa Fe Research has 2 current directors:
- Bharath Bhikkaji - Director
- Arun Ayyar Balavenkatasubramanian - Director
The latest financial statements of Santa Fe Research on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Santa Fe Research is 33AASCS2166A1ZI, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Santa Fe Research is U74999TN2012FTC087722. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Santa Fe Research was incorporated on 18 September 2012, making it 14+ years old. It is registered with the Registrar of Companies, Chennai.
Santa Fe Research has 2 deals on record (2 secondary share transfers); the latest was in September 2018.
Arun Ayyar Balavenkatasubramanian ceased to be Additional Director on 30 Sep 2016. Girish Ganesan ceased to be Director on 04 May 2016. James Douglas Leatherberry ceased to be Director on 04 May 2016. Santa Fe Research has 7 board changes on record in total.
The registered office of Santa Fe Research is at Cluster No 4 4th Floor Iit Madras Research Park Kanagam Road, Taramani, Chennai, Tamil Nadu, India – 600113.
Santa Fe Research operates in the travel and hospitality industry, in the consumer professional services segment.

