MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-33-0071656
Sea Turtle Private Limited - consumer goods in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹126.9 Cr
▲ 62% YoY
Net loss · FY 2025
₹19.63 Cr
Net margin -15.5%
EBITDA · FY 2025
-₹19.06 Cr
EBITDA margin -15%
Authorised capital
₹1.95 Cr
Registered with MCA
Paid-up capital
₹1.91 Cr
Issued & subscribed
Open charges
₹18 Cr
Satisfied ₹6 Cr
Company age
10 yrs
Est. 2016
Employees · EPFO
42
Provident fund records
About Sea Turtle Private Limited
Data last updated:
Sea Turtle Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the accessories retail and distribution segment of the consumer goods sector. It was incorporated on 14 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2016PTC282391. Its GSTIN is 27AAXCS2385L1ZE (Maharashtra). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹1.95 Cr and a paid-up capital of ₹1.91 Cr. It is led by directors including Pradeep Krishnakumar and Disha Singh.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at A – 406 Plot No. 3 Keshav Kunj II Chs Ltd. Sector 15 Palm Beach Road Sanpada, Navi Mumbai, Maharashtra, India – 400705.
As per the financials filed for FY 2025, the company reported a revenue of ₹126.9 Cr, a growth of 62% compared to the previous year. For the same year it recorded a net loss of ₹19.63 Cr (net margin -15.5%) and EBITDA of -₹19.06 Cr (EBITDA margin -15%). Revenue has grown at a compounded annual rate (CAGR) of 79% over three years and 122% over five years.
The company has about 42 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Zouk. As per MCA filings, the company has open charges of ₹18 Cr and satisfied charges of ₹6 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹134.85 Cr; the latest was in October 2024. Its 10 peer companies in the Consumer Products industry (Accessories Retail and Distribution) are compared by revenue, 5 larger and 5 smaller; the largest is Kering Eyewear India Private Limited with revenue of ₹136.93 Cr. The company has 3 MSME Form 1 returns on record between 2023 and 2024, listing 45 overdue payments to 17 micro and small suppliers.
Sea Turtle Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-33-0071656). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website zouk.co.in.
Company Details of Sea Turtle Private Limited
CIN U74999MH2016PTC282391
Registration Number 282391
Incorporation Date 14 June 2016
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-33-0071656
Key People
Rahul Chowdhri Nominee Director Shilpa Maheshwari Nominee Director Shiv Kapoor Nominee Director Recognitions & Rankings of Sea Turtle
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressA – 406 Plot No. 3 Keshav Kunj II Chs Ltd. Sector 15 Palm Beach Road Sanpada, Navi Mumbai, Maharashtra, India – 400705
- IndustryConsumer Goods, Accessories Retail & Distribution
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Associated Brands with Sea Turtle Private Limited
Sea Turtle operates one associated brand: Zouk. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online platform offering handmade bags and shoes | zouk.co.in |
Business Activity of Sea Turtle Private Limited
The main business activity of Sea Turtle is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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- Filing-level activity changes
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Financials of Sea Turtle Private Limited FY 2024 filings available
Sea Turtle Private Limited reported revenue of ₹126.9 Cr (up 62% YoY) for FY 2025.
Revenue · FY 2025
₹126.9 Cr ▲ 62%
Net loss · FY 2025
₹19.63 Cr margin -15.5%
EBITDA · FY 2025
-₹19.06 Cr margin -15%
Compounded Annual Growth Rate (CAGR) of Sea Turtle Private Limited
Revenue CAGR growth
1 year
▲ 62%
3 years · compounded
▲ 79%
5 years · compounded
▲ 122%
EBITDA CAGR growth
1 year
▼ 463%
3 years · compounded
▼ 191%
5 years · compounded
▼ 201%
Revenue has grown at a compounded annual rate (CAGR) of 122% over five years, including 62% growth in the latest year. EBITDA fell 463% 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 Sea Turtle Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | -₹19.06 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹19.63 Cr | •••• | •••• | •••• | •••• |
| 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 Sea Turtle Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -15% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -15.5% | •••• | •••• | •••• | •••• |
| 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 Sea Turtle are in the company report.
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Financial statements from FY 2017
Earlier years and trend charts are in the company report.
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Board of Directors of Sea Turtle Private Limited
Sea Turtle has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Chowdhri Also directs: Stellaris Advisors LLP, Stellaris Venture Advisors 2 LLP, Stellaris Partners 2 LLP and 5 more | Nominee Director | 13 Jul 2021 | 5 Years 3 Months | Current |
| Shilpa Maheshwari Also directs: Addus Services LLP, Ganga Merchandise LLP, Aavishkaar Carbon Platform Private Limited and 5 more | Nominee Director | 24 Jul 2025 | 1 Years 2 Months | Current |
| Shiv Kapoor Also directs: Fae Beauty Private Limited, Truecarat Diamonds Private Limited, Traumbuild Andesinfra Solutions Private Limited and 5 more | Nominee Director | 30 Jan 2025 | 1 Years 8 Months | Current |
| Pradeep Krishnakumar | Director | 16 Feb 2017 | 9 Years 8 Months | Current |
| Disha Singh | Director | 14 Jun 2016 | 10 Years 4 Months | Current |
Peer Comparison of Sea Turtle Private Limited
Sea Turtle Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Accessories Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kering Eyewear India Private Limited | ₹136.93 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | New Delhi, Delhi, India |
| CFS Pharma and Opticals Private Limited | ₹135.72 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | New Delhi, Delhi, India |
| Marda Collections Pvt Ltd | ₹134.14 Cr (FY 2025) | •••• | •••• | -21.0% | •••• | Kolkata, West Bengal, India |
| Swiss Group India Private Limited | ₹129.62 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Kochi, Kerala, India |
| Timekeepers the Watch Boutique Private Limited | ₹127.99 Cr (FY 2019) | •••• | •••• | 25.0% | •••• | Mumbai, Maharashtra, India |
| Sea Turtle Private Limited this company | ₹126.9 Cr (FY 2025) | •••• | •••• | 62.0% | •••• | Navi Mumbai, Maharashtra, India |
| Deccan Soundscape Private Limited | ₹125.01 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Hyderabad, Telangana, India |
| Max Standard Stores Private Limited | ₹124.61 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Delhi, India |
| Ronak Optik India Private Limited | ₹122.66 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | Kolkata, West Bengal, India |
| New Balance India Private Limited | ₹121.49 Cr (FY 2025) | •••• | •••• | 624.0% | •••• | New Delhi, Delhi, India |
| Rosso Brunello Leathers Private Limited | ₹121.15 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Sea Turtle by revenue in the Consumer Products industry (Accessories Retail and Distribution), 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 Sea Turtle Private Limited
Sea Turtle Private Limited is audited by D. R. DOSHI & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| D. R. DOSHI & CO. | Locked | Locked | Locked |
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Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Sea Turtle 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 Sea Turtle Private Limited
Open charges
₹18 Cr
Satisfied charges
₹6 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Jul 2025 | Others | ₹10 Cr | Open |
| 30 Apr 2025 | The Hongkong and Shanghai Banking Corporation Limited | ₹8 Cr | Open |
| 09 Aug 2023 | Others | ₹6 Cr | Satisfied |
Total charge records: 3 View all charges
Deals & Funding of Sea Turtle Private Limited
Sea Turtle Private Limited has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹134.85 Cr; the latest was in October 2024.
Total deals
6
Funding rounds
3
Secondary share transfers
2
Convertible or debt financing
1
Disclosed funding
₹134.85 Cr
Deals on record (4 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2021 | Funding round · Pre-Series A | ₹11.74 Cr | Investors: Stellaris Venture Partners, Titan Capital, 2 individuals |
| Jan 2021 | Funding round · Seed | ₹80.1 Lakh | Investors: Titan Capital, 3 individuals |
| Jan 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jun 2016 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
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Full deal history
All 6 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.
Legal Cases of Sea Turtle Private Limited
Sea Turtle Private Limited has 1 court case on record: 1 filed against it. All case is pending. Status as checked on 29 Sep 2026.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Lucknow, Uttar Pradesh | Criminal case | Filed against the company by State of Up | Pending |
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Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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MSME Payment Delays by Sea Turtle Private Limited
Sea Turtle Private Limited has 3 MSME Form 1 returns on record between 2023 and 2024, listing 45 overdue payments to 17 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 17)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Kant Polymers LLP | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
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Full MSME payment history
Every supplier, amount and due date from all 3 MSME Form 1 returns is in the company report.
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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Sea Turtle Private Limited
Sea Turtle Private Limited has a workforce of 42 employees as of Mar 23, 2024.
Employee count
42
Active EPFO establishments
1
Employee growth
61.54%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Sea Turtle Private Limited
Sea Turtle Private Limited has 9 board changes on record since 2016: 5 appointments and 4 cessations. The latest: Shilpa Maheshwari was appointed as Nominee Director on 24 Jul 2025.
Charges
A charge with Others of Rs. 10.00 Cr registered on 22 Jul 2025 with Charge ID 101138550 was modified on 19 Aug 2025.
Appointed
Shilpa Maheshwari was appointed as Nominee Director.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 101138550 was registered on 22 Jul 2025.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 8.00 Cr registered on 30 Apr 2025 with Charge ID 101104478 was modified on 11 Jul 2025.
Ceased
Divya Gupta ceased to be Nominee Director.
Charges
A charge registered on 09 Aug 2023 via Charge ID 100773617 with Others was fully satisfied on 16 May 2025.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 8.00 Cr with Charge ID 101104478 was registered on 30 Apr 2025.
Ceased
Bipin Kumar Shah ceased to be Nominee Director.
Appointed
Shiv Kapoor was appointed as Nominee Director.
AGM
Sea Turtle Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Sea Turtle Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others of Rs. 6.00 Cr registered on 09 Aug 2023 with Charge ID 100773617 was modified on 06 Dec 2023.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Sea Turtle Private Limited
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Subsidiaries & Group Companies of Sea Turtle Private Limited
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Corporate group structure
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GST Compliance of Sea Turtle Private Limited
Sea Turtle has 5 GST registrations: 4 active and 1 cancelled or inactive.
Total GSTINs
5
Active
4
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAXCS2385L1ZE | Maharashtra | Active | 01 Jul 2017 |
| 29AAXCS2385L1ZA | Karnataka | Active | 03 Feb 2021 |
| 09AAXCS2385L1ZC | Uttar Pradesh | Active | 26 Aug 2022 |
| 19AAXCS2385L1ZB | West Bengal | Active | 29 Dec 2022 |
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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 Sea Turtle Private Limited
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Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Related news about Sea Turtle Private Limited
Frequently Asked Questions about Sea Turtle Private Limited
Sea Turtle is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in accessories retail and distribution, within the consumer goods industry. It was incorporated on 14 June 2016 (10+ years old) and is registered under CIN U74999MH2016PTC282391.
Sea Turtle reported revenue of ₹126.9 Cr for FY 2025 (up 62% YoY).
Sea Turtle has 5 current directors:
- Rahul Chowdhri - Nominee Director
- Shilpa Maheshwari - Nominee Director
- Shiv Kapoor - Nominee Director
- Pradeep Krishnakumar - Director
- Disha Singh - Director
Sea Turtle reported a net loss of ₹19.63 Cr (net margin -15.5%) and EBITDA of -₹19.06 Cr (EBITDA margin -15%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sea Turtle is 79% over three years and 122% over five years. In the latest year (FY 2025) revenue rose 62%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sea Turtle is 27AAXCS2385L1ZE, registered in Maharashtra. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAXCS2385L1ZA (Karnataka), 09AAXCS2385L1ZC (Uttar Pradesh), 19AAXCS2385L1ZB (West Bengal).
The CIN (Corporate Identification Number) of Sea Turtle is U74999MH2016PTC282391. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sea Turtle has 1 court case on record: 1 filed against it. 1 is pending.
Sea Turtle was incorporated on 14 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Sea Turtle has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹134.85 Cr; the latest was in October 2024.
The peers of Sea Turtle by revenue are Kering Eyewear India Private Limited, CFS Pharma and Opticals Private Limited, Marda Collections Pvt Ltd, Swiss Group India Private Limited, Timekeepers the Watch Boutique Private Limited and 5 more, all in the Consumer Products industry (Accessories Retail and Distribution).
Shilpa Maheshwari was appointed as Nominee Director on 24 Jul 2025. Divya Gupta ceased to be Nominee Director on 27 Jun 2025. Bipin Kumar Shah ceased to be Nominee Director on 04 Feb 2025. Sea Turtle has 9 board changes on record in total.