Sea Scan Maritime Foundation

Sea Scan Maritime Foundation - education in Verna, Goa, India. FY 2026 financials & compliance.
CIN U91990GA2004NPL003538 Incorporated 25 June 2004 ROC Goa HQ Verna, Goa, India
Active Private Not For Profit Company education
Data last updated
Revenue · FY 2025
₹4.59 Cr
▼ 52% YoY
Net loss · FY 2025
₹1.82 Lakh
Net margin -0.4%
EBITDA · FY 2025
₹9.67 Lakh
EBITDA margin 2.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1 Cr
Secured borrowings
Company age
22 yrs
Est. 2004
Directors on board
4
As per MCA filings

About Sea Scan Maritime Foundation

Data last updated:

Sea Scan Maritime Foundation is a private not for profit company based in Verna, Goa, India. It operates in the vocational and skill development training segment of the education sector. It was incorporated on 25 June 2004 and has been in existence for over 22 years.

The company is registered with the Registrar of Companies (ROC), Goa, under CIN U91990GA2004NPL003538.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Virendra Jagannath Mehta (Managing Director) and Mihika Mehta.

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 Plot No. L – 47 A B C Verna Industrial Estate Landmark Phase, II/E, Goa, India – 403722.

As per the financials filed for FY 2025, the company reported a revenue of ₹4.59 Cr, a decline of 52% compared to the previous year. For the same year it recorded a net loss of ₹1.82 Lakh (net margin -0.4%) and EBITDA of ₹9.67 Lakh (EBITDA margin 2.1%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 11% over five years.

As per MCA filings, the company has open charges of ₹1 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website seascan.in.

Company details

CIN U91990GA2004NPL003538
Registration Number 003538
Incorporation Date 25 June 2004
ROC Goa
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

CIN history

Sea Scan Maritime Foundation has one previous CIN (Corporate Identification Number): U91990GA2004PLC003538. The current CIN is U91990GA2004NPL003538, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U91990GA2004NPL003538Current
U91990GA2004PLC003538Previous

Contact details

Sea Scan Maritime Foundation's registered office is in Verna, Goa. Its website is seascan.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Registered Address
    Plot No. L – 47 A B C Verna Industrial Estate Landmark Phase, II/E, Goa, India – 403722
  • Industry
    Education, Vocational & Skill Development Training

To see the full contact details of Sea Scan Maritime Foundation, buy the company report.

Comprehensive company report
Sea Scan Maritime Foundation - 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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Business activity

The main business activity of Sea Scan Maritime Foundation is education. In detail, this covers higher education, technical & vocational education.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
PEducationP2Higher education, technical & vocational education

To see the full business activity and turnover split of Sea Scan Maritime Foundation, buy the company report.

Financials of Sea Scan Maritime Foundation

FY 2025 filings available

Sea Scan Maritime Foundation reported revenue of ₹4.59 Cr (down 52% YoY) for FY 2025.

Revenue · FY 2025
₹4.59 Cr ▼ 52%
Net loss · FY 2025
₹1.82 Lakh margin -0.4%
EBITDA · FY 2025
₹9.67 Lakh margin 2.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 52%
3 years · compounded
▼ 14%
5 years · compounded
▼ 11%
EBITDA CAGR growth
1 year
▼ 93%
3 years · compounded
▼ 61%
5 years · compounded
▼ 45%

Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 52% fall in the latest year. EBITDA fell 93% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹9.67 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.82 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin2.1%
Net Profit Margin-0.4%
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 Sea Scan Maritime Foundation, buy the company report.

Board of directors of Sea Scan Maritime Foundation

Sea Scan Maritime Foundation has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Mihika MehtaDirector22 Jun 20188 Years 4 MonthsCurrent
Anveer Virendra MehtaDirector22 Jun 20188 Years 4 MonthsCurrent
Anubala Virendra MehtaDirector25 Jun 200422 Years 3 MonthsCurrent
Virendra Jagannath MehtaManaging Director25 Jun 200422 Years 3 MonthsCurrent

Auditor

Sea Scan Maritime Foundation is audited by PARESH RAKESH & ASSOCIATES for the financial year 2019.

Auditor firmFinancial yearFirm registration number
PARESH RAKESH & ASSOCIATESFY 2019119728W

Shareholding

The shareholding of Sea Scan Maritime Foundation is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2019FY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Sea Scan Maritime Foundation, buy the company report.

Charges & borrowings

Open charges
₹1 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹1.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
02 Feb 2017100116988Others₹1 CrOpen

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Sea Scan Maritime Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Sea Scan Maritime Foundation; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Sea Scan Maritime Foundation has 9 board changes on record since 2004: 4 appointments and 5 cessations. The latest: Anveer Virendra Mehta ceased to be Additional Director on 30 Sep 2018.

AGM
Sea Scan Maritime Foundation last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Sea Scan Maritime Foundation has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Goa.
Ceased
Anveer Virendra Mehta ceased to be Additional Director.
Ceased
Mihika Mehta ceased to be Additional Director.
Appointed
Anveer Virendra Mehta was appointed as Director.
Appointed
Mihika Mehta was appointed as Director.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 100116988 was registered on 02 Feb 2017.
Ceased
Rajendra Rameshchandra Chaturvedi ceased to be Director.
Ceased
Veena Rajendra Chaturvedi ceased to be Director.
Ceased
Mahendrakumar Nathalal Purohit ceased to be Director.
Appointed
Anubala Virendra Mehta was appointed as Director.
Appointed
Virendra Jagannath Mehta was appointed as Managing Director.

1 earlier event is in the company report.

Frequently asked questions

Sea Scan Maritime Foundation is an active private not for profit company based in Verna, Goa, India. The company works in vocational and skill development training, within the education industry. It was incorporated on 25 June 2004 (22+ years old) and is registered under CIN U91990GA2004NPL003538.

Sea Scan Maritime Foundation has 4 current directors:

The latest financial statements of Sea Scan Maritime Foundation 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 CIN (Corporate Identification Number) of Sea Scan Maritime Foundation is U91990GA2004NPL003538. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Sea Scan Maritime Foundation was incorporated on 25 June 2004, making it 22+ years old. It is registered with the Registrar of Companies, Goa.

Anveer Virendra Mehta ceased to be Additional Director on 30 Sep 2018. Mihika Mehta ceased to be Additional Director on 30 Sep 2018. Anveer Virendra Mehta was appointed as Director on 22 Jun 2018. Sea Scan Maritime Foundation has 9 board changes on record in total.

Sea Scan Maritime Foundation can be reached through the website seascan.in. Its registered office is in Verna, Goa, India.

The registered office of Sea Scan Maritime Foundation is at Plot No. L – 47 A B C Verna Industrial Estate Landmark Phase, IIE, Goa, India – 403722.

Sea Scan Maritime Foundation operates in the education industry, in the vocational and skill development training segment.

Sea Scan Maritime Foundation has open charges of ₹1 Cr and no satisfied charges on record as per latest MCA filings.