MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0048680
Seaeyes Stem Limited
Seaeyes Stem Limited - food and beverages in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹6.77 Cr
▼ 19% YoY
Net profit · FY 2024
₹8.95 Lakh
Net margin 1.3%
EBITDA · FY 2024
₹36.84 Lakh
EBITDA margin 5.4%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.35 Cr
Issued & subscribed
Open charges
₹49.82 Lakh
Satisfied ₹1.95 Cr
Company age
27 yrs
Est. 1999
Directors on board
3
As per MCA filings
About Seaeyes Stem Limited
Data last updated:
Seaeyes Stem Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 13 August 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U10209TN1999PLC043011. Its GSTIN is 33AAFCS1588K1Z2 (Tamil Nadu). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.35 Cr. It was formerly known as Seaeyes Systems Limited and Seaeyes Systems Private Limited. It is led by directors including Justin Abden Rodrigues (Managing Director) and Balakrishnan Manghat.
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 6C 6 Thfloor J.P.Towers 7/2N.H.Road Chennai34. 7/2N.H.Road Chennai34., Tamil Nadu, India – 600034.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.77 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹8.95 Lakh (net margin 1.3%) and EBITDA of ₹36.84 Lakh (EBITDA margin 5.4%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 8% over five years.
As per MCA filings, the company has open charges of ₹49.82 Lakh and satisfied charges of ₹1.95 Cr on record. Court records list 11 cases involving the company, including 7 filed by the company and 4 filed against it.
Seaeyes Stem Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0048680). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U10209TN1999PLC043011
Registration Number 043011
Incorporation Date 13 August 1999
ROC Chennai
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 Small
Udyam Registration UDYAM-TN-02-0048680
Name history
Seaeyes Stem has undergone 3 name changes throughout its history. The company was previously known as Seaeyes Systems Limited, Seaeyes Systems Private Limited, and Seaeyes Private Limited. The current legal name is Seaeyes Stem Limited.
| Company Name | Status |
|---|---|
| Seaeyes Stem Limited | Current |
| Seaeyes Systems Limited | Previous |
| Seaeyes Systems Private Limited | Previous |
| Seaeyes Private Limited | Previous |
CIN history
Seaeyes Stem has one previous CIN (Corporate Identification Number): U15127TN1999PLC043011. The current CIN is U10209TN1999PLC043011, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U10209TN1999PLC043011 | Current |
| U15127TN1999PLC043011 | Previous |
Key People
Justin Abden Rodrigues Managing Director Balakrishnan Manghat Director Santhanam Bhavani Director Recognitions & Rankings of Seaeyes Stem
Contact details
Seaeyes Stem Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered Address6C 6 Thfloor J.P.Towers 7/2N.H.Road Chennai34. 7/2N.H.Road Chennai34., Tamil Nadu, India – 600034
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Seaeyes Stem Limited, buy the company report.
Comprehensive company report
Seaeyes Stem 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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Business activity
The main business activity of Seaeyes Stem is agriculture, forestry, fishing. In detail, this covers fishing and aquaculture.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A3 | Fishing and aquaculture |
To see the full business activity and turnover split of Seaeyes Stem Limited, buy the company report.
Financials of Seaeyes Stem Limited
FY 2024 filings availableSeaeyes Stem Limited reported revenue of ₹6.77 Cr (down 19% YoY) for FY 2024.
Revenue · FY 2024
₹6.77 Cr ▼ 19%
Net profit · FY 2024
₹8.95 Lakh margin 1.3%
EBITDA · FY 2024
₹36.84 Lakh margin 5.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 19%
3 years · compounded
▲ 16%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▼ 61%
3 years · compounded
▼ 3%
5 years · compounded
▼ 12%
Revenue fell 19% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 61% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹36.84 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.95 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.4% | ||||
| Net Profit Margin | 1.3% | ||||
| 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 Seaeyes Stem Limited, buy the company report.
Board of directors of Seaeyes Stem Limited
Seaeyes Stem has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balakrishnan Manghat | Director | 01 Oct 2020 | 6 Years 1 Months | Current |
| Justin Abden Rodrigues Also directs: Icon Met (India) Private Limited, Seasaga Risings Private Limited | Managing Director | 05 Jul 2025 | 1 Years 3 Months | Current |
| Santhanam Bhavani | Director | 31 Mar 2024 | 2 Years 7 Months | Current |
Auditor
Seaeyes Stem Limited is audited by B C B CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B C B CO | FY 2020 | 007246S |
Shareholding
The shareholding of Seaeyes Stem Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Seaeyes Stem Limited, buy the company report.
Charges & borrowings
Open charges
₹49.82 Lakh
Satisfied charges
₹1.95 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Mar 2024 | 100920314 | Others | ₹17.84 Lakh | Open | |
| 27 Apr 2023 | 100716401 | Others | ₹31.98 Lakh | Open | |
| 22 Dec 2021 | 100525723 | Others | ₹1.44 Lakh | Satisfied | |
| 22 Aug 2008 | 10124956 | State Bank of India | ₹1.9 Cr | Satisfied | |
| 26 Oct 2004 | 90283312 | M/S Sundaram Finance Limited | ₹3.92 Lakh | Satisfied |
To see the full charge records of Seaeyes Stem Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Seaeyes Stem Limited has 11 court cases on record: 7 filed by Seaeyes Stem, 4 filed against it. All cases are disposed.
Total cases
11
Filed by the company
7
Filed against the company
4
Disposed
11
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 4 | 0 |
| High courts | 5 | 0 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Appeal | Filed by the company against M/S.Filminati Entertainment (P) Ltd and 4 others | Disposed |
| High Court, TAMIL NADU | Revision petition | Filed by the company against an individual | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| District court, Chennai, Tamil Nadu | Court case (RCA) | Filed against the company by an individual | Disposed |
| District court, Chennai, Tamil Nadu | Court case (RCOP) | Filed against the company by an individual | Disposed |
To see the full case history of Seaeyes Stem 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 Seaeyes Stem Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Seaeyes Stem has 4 GST registrations: 3 active and 1 cancelled or inactive.
Total GSTINs
4
Active
3
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCS1588K1Z2 | Tamil Nadu | Active | 01 Jul 2017 |
| 32AAFCS1588K1Z4 | Kerala | Active | 01 Jul 2017 |
| 32AAFCS1588K2Z3 | Kerala | Active | 20 Jul 2019 |
To see the full GST registrations and return filing status of Seaeyes Stem Limited, buy the company report.
Recent activity
Seaeyes Stem Limited has 17 board changes on record since 1999: 10 appointments and 7 cessations. The latest: Justin Abden Rodrigues was appointed as Managing Director on 05 Jul 2025.
Appointed
Justin Abden Rodrigues was appointed as Managing Director.
Ceased
Munuswamy Balaji ceased to be Managing Director.
Charges
A charge registered on 22 Dec 2021 via Charge ID 100525723 with Others was fully satisfied on 12 Jun 2025.
AGM
Seaeyes Stem Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Seaeyes Stem Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Ceased
Mohammed Khalid Shanavas ceased to be Director.
Appointed
Santhanam Bhavani was appointed as Director.
Charges
A charge with Others amounted to Rs. 0.18 Cr with Charge ID 100920314 was registered on 22 Mar 2024.
Charges
A charge with Others amounted to Rs. 0.32 Cr with Charge ID 100716401 was registered on 27 Apr 2023.
Charges
A charge with Others amounted to Rs. 0.01 Cr with Charge ID 100525723 was registered on 22 Dec 2021.
Appointed
Mohammed Khalid Shanavas was appointed as Director.
Ceased
Venkitachalam Perumkolam Sankaranarayanan ceased to be Managing Director.
16 earlier events are in the company report.
Frequently asked questions
Seaeyes Stem is an active public limited company based in Chennai, Tamil Nadu, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 13 August 1999 (27+ years old) and is registered under CIN U10209TN1999PLC043011.
Seaeyes Stem has 3 current directors:
- Justin Abden Rodrigues - Managing Director
- Balakrishnan Manghat - Director
- Santhanam Bhavani - Director
The latest financial statements of Seaeyes Stem on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Seaeyes Stem is 33AAFCS1588K1Z2, registered in Tamil Nadu. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 32AAFCS1588K1Z4 (Kerala), 32AAFCS1588K2Z3 (Kerala).
The CIN (Corporate Identification Number) of Seaeyes Stem is U10209TN1999PLC043011. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Seaeyes Stem has 11 court cases on record: 7 filed by the company and 4 filed against it. Most are in the district courts.
Seaeyes Stem was incorporated on 13 August 1999, making it 27+ years old. It is registered with the Registrar of Companies, Chennai.
Justin Abden Rodrigues was appointed as Managing Director on 05 Jul 2025. Munuswamy Balaji ceased to be Managing Director on 05 Jul 2025. Mohammed Khalid Shanavas ceased to be Director on 31 Mar 2024. Seaeyes Stem has 17 board changes on record in total.
Yes, Seaeyes Stem is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0048680).
The registered office of Seaeyes Stem is at 6C 6 Thfloor J.P.Towers 72N.H.Road Chennai34. 72N.H.Road Chennai34., Tamil Nadu, India – 600034.
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