MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-13-0016680
Seaside Salt Private Limited
Seaside Salt Private Limited - chemicals and materials in Gandhidham, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹68.93 Lakh
▼ 80% YoY
Net loss · FY 2024
₹54.94 Lakh
Net margin -79.7%
EBITDA · FY 2024
-₹8.48 Lakh
EBITDA margin -12.3%
Authorised capital
₹1.65 Cr
Registered with MCA
Paid-up capital
₹1.65 Cr
Issued & subscribed
Satisfied charges
₹11.8 Cr
No open charges
Company age
11 yrs
Est. 2015
Directors on board
2
As per MCA filings
About Seaside Salt Private Limited
Data last updated:
Seaside Salt Private Limited is a private limited company based in Gandhidham, Gujarat, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 06 August 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24298GJ2015PTC084104. Its GSTIN is 24AAWCS0471N1ZQ (Gujarat).
The company has an authorised share capital of ₹1.65 Cr and a paid-up capital of ₹1.65 Cr. It is led by directors Yusuf Abdul Sangar and Sanjay Gidian Patro.
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 Bbz – S – 27 First Floor Opp. Chandravillas Hotel Main Bazar, Gandhidham, Gujarat, India – 370201.
As per the financials filed for FY 2024, the company reported a revenue of ₹68.93 Lakh, a decline of 80% compared to the previous year. For the same year it recorded a net loss of ₹54.94 Lakh (net margin -79.7%) and EBITDA of -₹8.48 Lakh (EBITDA margin -12.3%). Revenue has grown at a compounded annual rate (CAGR) of 185% over three years and 337% over five years.
As per MCA filings, the company has satisfied charges of ₹11.8 Cr on record.
Seaside Salt Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-13-0016680). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U24298GJ2015PTC084104
Registration Number 084104
Incorporation Date 06 August 2015
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-13-0016680
Recognitions & Rankings of Seaside Salt
Contact details
Seaside Salt Private Limited's registered office is in Gandhidham, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBbz – S – 27 First Floor Opp. Chandravillas Hotel Main Bazar, Gandhidham, Gujarat, India – 370201
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Seaside Salt Private Limited, buy the company report.
Comprehensive company report
Seaside Salt Private 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 activities of Seaside Salt are trade and manufacturing. In detail, this covers wholesale trading and chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Seaside Salt Private Limited, buy the company report.
Financials of Seaside Salt Private Limited
FY 2025 filings availableSeaside Salt Private Limited reported revenue of ₹68.93 Lakh (down 80% YoY) for FY 2024.
Revenue · FY 2024
₹68.93 Lakh ▼ 80%
Net loss · FY 2024
₹54.94 Lakh margin -79.7%
EBITDA · FY 2024
-₹8.48 Lakh margin -12.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 80%
3 years · compounded
▲ 185%
5 years · compounded
▲ 337%
EBITDA CAGR growth
3 years · compounded
▼ 76%
5 years · compounded
▼ 48%
Revenue fell 80% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 337%. 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 | -₹8.48 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹54.94 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 | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -12.3% | ||||
| Net Profit Margin | -79.7% | ||||
| 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 Seaside Salt Private Limited, buy the company report.
Board of directors of Seaside Salt Private Limited
Seaside Salt has 2 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 |
|---|---|---|---|---|
| Yusuf Abdul Sangar | Director | 25 Sep 2021 | 5 Years 1 Months | Current |
| Sanjay Gidian Patro | Director | 20 Aug 2017 | 9 Years 2 Months | Current |
Auditor
Seaside Salt Private Limited is audited by LOKIN N MEHTA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LOKIN N MEHTA & CO | FY 2019 | 147405W |
Shareholding
The shareholding of Seaside Salt Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Seaside Salt Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹11.8 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 May 2020 | 100336840 | State Bank of India | ₹5.9 Cr | Satisfied | |
| 31 May 2019 | 100271650 | State Bank of India | ₹5.9 Cr | Satisfied |
To see the full charge records of Seaside Salt Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Seaside Salt 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 Seaside Salt Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Seaside Salt has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAWCS0471N1ZQ | Gujarat | Active | 17 Mar 2018 |
To see the full GST registrations and return filing status of Seaside Salt Private Limited, buy the company report.
Recent activity
Seaside Salt Private Limited has 6 board changes on record since 2017: 2 appointments and 4 cessations. The latest: Hiren Jakhabhai Humbal ceased to be Director on 20 Oct 2021.
AGM
Seaside Salt Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Seaside Salt Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 04 May 2020 via Charge ID 100336840 with State Bank Of India was fully satisfied on 11 Nov 2021.
Charges
A charge registered on 31 May 2019 via Charge ID 100271650 with State Bank Of India was fully satisfied on 11 Nov 2021.
Ceased
Hiren Jakhabhai Humbal ceased to be Director.
Appointed
Yusuf Abdul Sangar was appointed as Director.
Charges
A charge with State Bank Of India amounted to Rs. 5.90 Cr with Charge ID 100336840 was registered on 04 May 2020.
Charges
A charge with State Bank Of India amounted to Rs. 5.90 Cr with Charge ID 100271650 was registered on 31 May 2019.
Ceased
Deepak Prakash Chandnani ceased to be Director.
Appointed
Sanjay Gidian Patro was appointed as Director.
Ceased
Durgesh Babubhai Humbal ceased to be Director.
Ceased
Sanjay Gidian Patro ceased to be Director.
1 earlier event is in the company report.
Frequently asked questions
Seaside Salt is an active private limited company based in Gandhidham, Gujarat, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 06 August 2015 (11+ years old) and is registered under CIN U24298GJ2015PTC084104.
Seaside Salt has 2 current directors:
- Yusuf Abdul Sangar - Director
- Sanjay Gidian Patro - Director
The latest financial statements of Seaside Salt 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 2016 are in the company report.
The GSTIN of Seaside Salt is 24AAWCS0471N1ZQ, registered in Gujarat.
The CIN (Corporate Identification Number) of Seaside Salt is U24298GJ2015PTC084104. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Seaside Salt was incorporated on 06 August 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Hiren Jakhabhai Humbal ceased to be Director on 20 Oct 2021. Yusuf Abdul Sangar was appointed as Director on 25 Sep 2021. Deepak Prakash Chandnani ceased to be Director on 20 Aug 2017. Seaside Salt has 6 board changes on record in total.
Yes, Seaside Salt is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-13-0016680).
The registered office of Seaside Salt is at Bbz – S – 27 First Floor Opp. Chandravillas Hotel Main Bazar, Gandhidham, Gujarat, India – 370201.
Seaside Salt operates in the chemicals and materials industry, in the industrial chemicals segment.
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