About Seiko Watch India Private Limited
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Seiko Watch India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Seiko Watch Corporation. It operates in the lifestyle products and accessories manufacturing segment of the home and lifestyle products sector. It was incorporated on 26 February 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U33301KA2007FTC041898. Its GSTIN is 29AAKCS6484K1ZH (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹8.5 Cr and a paid-up capital of ₹8.5 Cr. It is led by directors including Naoaki Tanimura and Yasuo Okajima.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹253.08 Cr, a growth of 55% compared to the previous year. For the same year it recorded a net profit of ₹11.5 Cr (net margin 4.5%) and EBITDA of ₹18.58 Cr (EBITDA margin 7.3%). Revenue has grown at a compounded annual rate (CAGR) of 48% over three years and 27% over five years.
The company has about 35 employees on its provident fund (EPFO) records.
Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it. The company has 1 deal on record (1 funding round), with disclosed funding of ₹4 Cr; the latest was in September 2009. The company has 7 MSME Form 1 returns on record between 2019 and 2023, listing 62 overdue payments to 17 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website seiko.in.
Company details
Contact details
Seiko Watch India Private Limited's registered office is in Bangalore, Karnataka. Its website is seiko.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.874 'Temple Vista' Ground Floor Sri Krishna Temple Road Indiranagar 1st, Stage, Bangalore, Karnataka, India – 560038
- IndustryHome & Lifestyle, Lifestyle Products & Accessories Manufacturing
To see the full contact details of Seiko Watch India Private Limited, 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 Seiko Watch India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Seiko Watch India Private Limited, buy the company report.
Financials of Seiko Watch India Private Limited
FY 2025 filings availableSeiko Watch India Private Limited reported revenue of ₹253.08 Cr (up 55% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 55% growth in the latest year. EBITDA rose 80% 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 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 | ₹253.08 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹18.58 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.5 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.3% | ||||
| Net Profit Margin | 4.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Seiko Watch India Private Limited, buy the company report.
Board of directors of Seiko Watch India Private Limited
Seiko Watch India has 5 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naoaki Tanimura | Director | 30 Jun 2023 | 3 Years 4 Months | Current |
| Yasuo Okajima | Director | 09 Aug 2019 | 7 Years 3 Months | Current |
| Yoshikatsu Kawada | Director | 30 Jun 2024 | 2 Years 4 Months | Current |
| Niladri Mazumder | Director | 04 Jul 2016 | 10 Years 4 Months | Current |
| Kenta Akashi | Additional Director | 30 Jun 2026 | 0 Years 4 Months | Current |
Auditor
Seiko Watch India Private Limited is audited by Deloitte Haskins & Sells for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells | FY 2025 | 008072S |
Shareholding
The shareholding of Seiko Watch India Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Seiko Watch India Private Limited, buy the company report.
Deals & funding
Seiko Watch India Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹4 Cr; the latest was in September 2009.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2009 | Funding round | ₹4 Cr | Investors: Seiko Watch Corporation |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Seiko Watch India Private Limited has 4 court cases on record: 3 filed by Seiko Watch India, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| District courts | 1 | 1 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1807-Ordinary Civil Matters : Others) | Filed by the company against Osa Vendita Private Limited Director Director Office at 1B, Southern Avenue, Kolkata , District: Kolkata ,Kolkata , West Bengal | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against Osa Vendita Private Limited | Disposed |
| High Court of Karnataka | Revision petition | Filed by the company against Osa Vendita Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by O S A Vendita Pvt Ltd | Disposed |
To see the full case history of Seiko Watch India Private 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
Seiko Watch India Private Limited has 7 MSME Form 1 returns on record between 2019 and 2023, listing 62 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 |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Qwikcilver Solutions Private Limited | |||
| Alfa Time Service Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Seiko Watch India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Seiko Watch India Private Limited has a workforce of 35 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 35 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Seiko Watch India Private Limited, buy the company report.
GST
Seiko Watch India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCS6484K1ZH | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Seiko Watch India Private Limited, buy the company report.
Recent activity
Seiko Watch India Private Limited has 19 board changes on record since 2008: 5 appointments and 14 cessations. The latest: Kenta Akashi was appointed as Additional Director on 30 Jun 2026.
10 earlier events are in the company report.
News
Frequently asked questions
Seiko Watch India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in lifestyle products and accessories manufacturing, within the home and lifestyle industry. It was incorporated on 26 February 2007 (19+ years old) and is registered under CIN U33301KA2007FTC041898.
Seiko Watch India has 5 current directors:
- Naoaki Tanimura - Director
- Yasuo Okajima - Director
- Yoshikatsu Kawada - Director
- Niladri Mazumder - Director
- Kenta Akashi - Additional Director
The latest financial statements of Seiko Watch India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Seiko Watch India is 29AAKCS6484K1ZH, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Seiko Watch India is U33301KA2007FTC041898. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Seiko Watch India has 4 court cases on record: 3 filed by the company and 1 filed against it. Most are in the high courts.
Seiko Watch India was incorporated on 26 February 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Seiko Watch India has 1 deal on record (1 funding round), with disclosed funding of ₹4 Cr; the latest was in September 2009.
Kenta Akashi was appointed as Additional Director on 30 Jun 2026. Yoshikatsu Kawada was appointed as Director on 30 Jun 2024. Hiromi Kanagawa ceased to be Additional Director on 02 Aug 2023. Seiko Watch India has 19 board changes on record in total.
Seiko Watch India has 7 MSME Form 1 returns on record between 2019 and 2023, listing 62 overdue payments to 17 micro and small suppliers. The latest return was filed on 20 Oct 2023.
Seiko Watch India can be reached through the website seiko.in. Its registered office is in Bangalore, Karnataka, India.
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