Seaview Mercantile LLP - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
LLPIN AAG-7987 Incorporated 29 June 2016 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Limited Liability Partnership financial services
Revenue · FY 2023
₹3.3 Cr
▼ 14% YoY
Net profit · FY 2023
₹1.71 Cr
Net margin 51.8%
EBITDA · FY 2023
-₹78.32 Lakh
EBITDA margin -23.8%
Contribution obligation
₹3 Cr
As per LLP agreement
Open charges
₹20.19 Cr
Secured borrowings
LLP age
10 yrs
Est. 2016
Designated partners
2
As per MCA filings
Last financials
Mar 2025
Balance sheet date

About Seaview Mercantile LLP

Data last updated:

Seaview Mercantile LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 29 June 2016 and has been in existence for over 10 years.

The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAG-7987.

The LLP has a total obligation of contribution of ₹3 Cr. It is led by designated partners Shailesh Nar Narayan Saraf and Vandana Shailesh Saraf.

Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at 111 – B Mittal Towers 210 Nariman Point, Mumbai, Maharashtra, India – 400021.

As per the financials filed for FY 2023, the LLP reported a revenue of ₹3.3 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹1.71 Cr (net margin 51.8%) and EBITDA of -₹78.32 Lakh (EBITDA margin -23.8%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 8% over five years.

As per MCA filings, the LLP has open charges of ₹20.19 Cr on record. Court records list 5 cases involving the LLP, including 2 filed by the LLP and 3 filed against it; 1 case is pending.

Company details

LLPIN AAG-7987
Incorporation Date 29 June 2016
Total Obligation of Contribution ₹3 Cr
ROC Mumbai
Company Status Active

Contact details

Seaview Mercantile LLP's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.

  • Email
  • Registered Address
    111 – B Mittal Towers 210 Nariman Point, Mumbai, Maharashtra, India – 400021
  • Industry
    Financial Services, Brokerage & Trading Services

To see the full contact details of Seaview Mercantile LLP, buy the company report.

Comprehensive company report
Seaview Mercantile LLP - one report that includes everything
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  • 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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Financials of Seaview Mercantile LLP

FY 2025 filings available

Seaview Mercantile LLP reported revenue of ₹3.3 Cr (down 14% YoY) for FY 2023.

Revenue · FY 2023
₹3.3 Cr ▼ 14%
Net profit · FY 2023
₹1.71 Cr margin 51.8%
EBITDA · FY 2023
-₹78.32 Lakh margin -23.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 14%
3 years · compounded
▲ 38%
5 years · compounded
▲ 8%

Revenue fell 14% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. 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

Statement of Account and SolvencyFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Income and Expenditure
Turnover
Other Income
Total Income
Purchases and Direct Costs
Personnel Expenses
Administrative Expenses
Interest
Depreciation
Total Expenses
Profit Before Tax
Tax
Profit After Tax₹1.71 Cr
Profit Transferred to Partners
Assets and Liabilities
Partners' Contribution
Reserves and Surplus
Secured Loans
Unsecured Loans
Trade Payables
Other Liabilities and Provisions
Total Liabilities
Fixed Assets
Investments
Loans and Advances
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

Statement of Account and SolvencyFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
Net Profit Margin51.8%
Return on Partners' Funds
Return on Assets
Liquidity and Debt
Current Ratio
Debt to Partners' Funds
Interest Coverage
Efficiency and Growth
Asset Turnover
Receivable Days
Turnover Growth
Profit Growth

To see the full financial statements and ratios of Seaview Mercantile LLP, buy the company report.

Designated partners of Seaview Mercantile LLP

Seaview Mercantile has 2 designated partners on record. No former designated partners are listed.

Current Designated Partners
NameDesignationAppointment DateTenureStatus
Shailesh Nar Narayan SarafDesignated Partner29 Jun 201610 Years 4 MonthsCurrent
Vandana Shailesh SarafDesignated Partner29 Jun 201610 Years 4 MonthsCurrent

Charges & borrowings

Open charges
₹20.19 Cr
Satisfied charges
None
Breakdown by lending institutions
City Union Bank Limited₹20.19 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
17 Oct 2025101182708City Union Bank Limited₹18 LakhOpen
29 Mar 2017100092589City Union Bank Limited₹20.01 CrOpen

To see the full charge records of Seaview Mercantile LLP, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Seaview Mercantile LLP; 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 Seaview Mercantile LLP; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Seaview Mercantile LLP has 2 designated partner changes on record since 2016: 2 appointments. The latest: Shailesh Nar Narayan Saraf was appointed as Designated Partner on 29 Jun 2016.

Charges
A charge with City Union Bank Limited amounted to Rs. 0.18 Cr with Charge ID 101182708 was registered on 17 Oct 2025.
AGM
Seaview Mercantile Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Seaview Mercantile Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with City Union Bank Limited of Rs. 20.01 Cr registered on 29 Mar 2017 with Charge ID 100092589 was modified on 21 Aug 2024.
Charges
A charge with City Union Bank Limited amounted to Rs. 20.01 Cr with Charge ID 100092589 was registered on 29 Mar 2017.
Appointed
Shailesh Nar Narayan Saraf was appointed as Designated Partner.
Appointed
Vandana Shailesh Saraf was appointed as Designated Partner.
Incorporation
29 Jun 2016
Seaview Mercantile Llp was registered on 29 Jun 2016 with Roc Mumbai I & aged 10 years 4 months as per MCA records.

Frequently asked questions

Seaview Mercantile is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in brokerage and trading services, within the financial services industry. It was incorporated on 29 June 2016 (10+ years old) and is registered under LLPIN AAG-7987.

Seaview Mercantile has 2 current designated partners:

The latest financial statements of Seaview Mercantile on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2017 are in the company report.

The LLPIN (Limited Liability Partnership Identification Number) of Seaview Mercantile is AAG-7987. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.

Seaview Mercantile has 5 court cases on record: 2 filed by the LLP and 3 filed against it. 1 is pending. Most are in the high courts.

Seaview Mercantile was incorporated on 29 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.

Shailesh Nar Narayan Saraf was appointed as Designated Partner on 29 Jun 2016. Vandana Shailesh Saraf was appointed as Designated Partner on 29 Jun 2016.

The registered office of Seaview Mercantile is at 111 – B Mittal Towers 210 Nariman Point, Mumbai, Maharashtra, India – 400021.

Seaview Mercantile operates in the financial services industry, in the brokerage and trading services segment.

Seaview Mercantile has open charges of ₹20.19 Cr and no satisfied charges on record as per latest MCA filings.