Seascan Marine Foundation
About Seascan Marine Foundation
Data last updated:
Seascan Marine Foundation is a private not for profit company based in Panjim, Goa, India. It operates in the education and training segment of the education and learning sector. It was incorporated on 31 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U80902GA2019NPL014048.
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 House No. J – 502 Castle Rock Landscape Town Odxel, Panjim, Goa, India – 403002.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.61 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹1.07 Cr (net margin 23.1%) and EBITDA of ₹1.51 Cr (EBITDA margin 32.8%). Revenue has grown at a compounded annual rate (CAGR) of 100% over three years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹14.38 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Seascan Marine Foundation's registered office is in Panjim, Goa. Its e-mail address is in the company report.
- Email
- Registered AddressHouse No. J – 502 Castle Rock Landscape Town Odxel, Panjim, Goa, India – 403002
- IndustryEducation & Learing, Education, Coaching Centres
To see the full contact details of Seascan Marine Foundation, 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 Seascan Marine Foundation is education. In detail, this covers higher education, technical & vocational education.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| P | Education | P2 | Higher education, technical & vocational education |
To see the full business activity and turnover split of Seascan Marine Foundation, buy the company report.
Financials of Seascan Marine Foundation
FY 2025 filings availableSeascan Marine Foundation reported revenue of ₹4.61 Cr (down 25% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 25% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 100%. EBITDA fell 54% 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 |
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| EBITDA | ₹1.51 Cr | ||||
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| Net Profit (PAT) | ₹1.07 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 32.8% | ||||
| Net Profit Margin | 23.1% | ||||
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To see the full financial statements and ratios of Seascan Marine Foundation, buy the company report.
Board of directors of Seascan Marine Foundation
Seascan Marine Foundation has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mihika Mehta Also directs: Sea Scan Maritime Foundation | Director | 03 Aug 2021 | 5 Years 2 Months | Current |
| Anveer Virendra Mehta Also directs: Five-O Private Limited, Sea Scan Maritime Foundation | Director | 03 Aug 2021 | 5 Years 2 Months | Current |
| Anubala Virendra Mehta Also directs: Five-O Private Limited, Sea Scan Marine Services Private Limited, Sea Reliance Marine Services Private Limited and 1 more | Director | 31 Jul 2019 | 7 Years 2 Months | Current |
| Virendra Jagannath Mehta | Managing Director | 31 Jul 2019 | 7 Years 2 Months | Current |
Peer comparison
Seascan Marine Foundation is compared with the 10 companies closest to it by revenue in the same principal business activity (higher education, technical & vocational education), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Scholarship Facilitation Services Private Limited | ₹4.66 Cr (FY 2024) | 933.0% | New Delhi, Delhi, India | |||
| STL Fintech Private Limited | ₹4.66 Cr (FY 2025) | 0.0% | Bangalore, Karnataka, India | |||
| Ajinkya Tutorials Private Limited | ₹4.66 Cr (FY 2025) | -12.0% | Nagpur, Maharashtra, India | |||
| RR Academy Private Limited | ₹4.65 Cr (FY 2025) | -9.0% | Chennai, Tamil Nadu, India | |||
| HB Education and Consulting Services Private Limited | ₹4.62 Cr (FY 2019) | 5.0% | Chennai, Tamil Nadu, India | |||
| Seascan Marine Foundationthis company | ₹4.61 Cr (FY 2024) | ₹1.07 Cr | 23.1% | -25.0% | Panjim, Goa, India | |
| Sea Scan Maritime Foundation | ₹4.59 Cr (FY 2025) | -52.0% | Verna, Goa, India | |||
| Proedge Skill Development and Edutech Private Limited | ₹4.56 Cr (FY 2024) | 84.0% | Bangalore, Karnataka, India | |||
| Espa Learn Private Limited | ₹4.56 Cr (FY 2025) | 15.0% | Jammu, Jammu and Kashmir, India | |||
| Webskitters Academy Private Limited | ₹4.54 Cr (FY 2025) | 41.0% | Kolkata, West Bengal, India | |||
| Drona Education Private Limited | ₹4.53 Cr (FY 2025) | 38.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Seascan Marine Foundation, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Oct 2025 | 101201855 | Hdfc Bank Limited | ₹14.38 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Seascan Marine Foundation 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 Seascan Marine 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 Seascan Marine Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Seascan Marine Foundation has 4 board changes on record since 2019: 4 appointments. The latest: Anveer Virendra Mehta was appointed as Director on 03 Aug 2021.
Frequently asked questions
Seascan Marine Foundation is an active private not for profit company based in Panjim, Goa, India. The company works in education, within the education and learning industry. It was incorporated on 31 July 2019 (7+ years old) and is registered under CIN U80902GA2019NPL014048.
Seascan Marine Foundation has 4 current directors:
- Virendra Jagannath Mehta - Managing Director
- Mihika Mehta - Director
- Anveer Virendra Mehta - Director
- Anubala Virendra Mehta - Director
The latest financial statements of Seascan Marine 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 FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Seascan Marine Foundation is U80902GA2019NPL014048. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Seascan Marine Foundation was incorporated on 31 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Goa.
The peers of Seascan Marine Foundation by revenue are Scholarship Facilitation Services Private Limited, STL Fintech Private Limited, Ajinkya Tutorials Private Limited, RR Academy Private Limited, HB Education and Consulting Services Private Limited and 5 more, all in the same principal business activity (higher education, technical & vocational education).
Anveer Virendra Mehta was appointed as Director on 03 Aug 2021. Mihika Mehta was appointed as Director on 03 Aug 2021. Anubala Virendra Mehta was appointed as Director on 31 Jul 2019. Seascan Marine Foundation has 4 board changes on record in total.
The registered office of Seascan Marine Foundation is at House No. J – 502 Castle Rock Landscape Town Odxel, Panjim, Goa, India – 403002.
Seascan Marine Foundation operates in the education and learning industry, in the education segment.
Seascan Marine Foundation has open charges of ₹14.38 Lakh and no satisfied charges on record as per latest MCA filings.
The compliance status of Seascan Marine Foundation is compliant as of 10 August 2026. The company is actively filing with the Registrar of Companies.