Salet Sea Foods Private Limited

Specializes in fishing, processing, and exporting a variety of seafood products globally.

1994 | Porbandar, Gujarat (India) | Active
Last Updated: November 16, 2024

Salet Sea Foods Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 30 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 27.86 Cr
  • Satisfied Charges ₹ 103.46 Cr
  • Revenue Growth -12.02%
  • Profit Growth 216.95%
  • Ebitda 97.82%
  • Net Worth 2.56%
  • Total Assets -33.04%

About Salet Sea Foods

Salet Sea Foods Private Limited (SSFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 March 1994 and has a history of 30 years and ten months. Its registered office is in Porbandar, Gujarat, India.

The Company is engaged in the Food And Beverages Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.50 Cr.

The company currently has active open charges totaling ₹27.86 Cr. The company has closed loans amounting to ₹103.46 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kanji Ramji, Madhavji Salet, and Karsan Salet serve as directors at the Company.

Company Details

  • Location

    Porbandar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15122GJ1994PTC021684

  • Company No.

    021684

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Mar 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Food and Beverages

What products or services does Salet Sea Foods Private Limited offer?

Salet Sea Foods Private Limited offers a wide range of products and services, including Marine Food Supplies, Seafood, Frozen Sea Foods, Fresh Fish, Fish, Lobster, Ribbon Fish, Dietary Supplements, Cod Liver Oil Capsules, Squid.

Who are the key members and board of directors at Salet Sea Foods?

Board Members (3)

Name Designation Appointment Date Status
Kanji Ramji Country flag representing In Director 29-Mar-1994 Current
Madhavji Salet Country flag representing In Director 29-Mar-1994 Current
Karsan Salet Country flag representing In Director 29-Mar-1994 Current

Financial Performance of Salet Sea Foods.

Salet Sea Foods Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 12.02% decrease. The company also saw a substantial improvement in profitability, with a 216.95% increase in profit. The company's net worth moved up by a moderate rise of 2.56%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-12.02%
Revenue from Operations
-10.36%
Total Assets
-33.04%
Profit or Loss
216.95%
Net Worth
2.56%
EBITDA
97.82%

What is the Ownership and Shareholding Structure of Salet Sea Foods?

In 2023, Salet Sea Foods had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹27.86 Cr

Satisfied Charges

₹103.46 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 27.86 Cr

Latest Charge Details

Date Lender Amount Status
25 Sep 2020 State Bank Of India ₹27.86 Cr Open
20 Aug 2019 Hdfc Bank Limited ₹25.00 Cr Satisfied
27 Aug 2018 Axis Bank Limited ₹1.60 M Satisfied
29 May 2018 Others ₹6.18 M Satisfied
27 Jun 2017 Axis Bank Limited ₹0.66 M Satisfied

How Many Employees Work at Salet Sea Foods?

Salet Sea Foods has a workforce of 66 employees as of Mar 29, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Salet Sea Foods, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Salet Sea Foods's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Salet Sea Foods

Recent activity within the organization

  • Annual General Meeting

    Salet Sea Foods Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with State Bank Of India of Rs. 27.86 Cr registered on 25 Sep 2020 with Charge ID 100385430 was modified on 17 May 2024.

    17 May 2024

  • Balance Sheet

    Salet Sea Foods Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge registered on 27 Aug 2018 via Charge ID 100202109 with Axis Bank Limited was fully satisfied on 15 Sep 2023.

    15 Sep 2023

  • Charges

    A charge registered on 27 Jun 2017 via Charge ID 100106925 with Axis Bank Limited was fully satisfied on 18 Aug 2021.

    18 Aug 2021

  • Charges

    A charge registered on 08 Jun 2017 via Charge ID 100106767 with Axis Bank Limited was fully satisfied on 18 Aug 2021.

    18 Aug 2021

Frequently asked questions

  • Salet Sea Foods Private Limited was incorporated on 29 Mar 1994.

  • The authorized share capital of Salet Sea Foods Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.50 Cr.

  • Currently 3 directors are associated with Salet Sea Foods Private Limited.

    • Kanji Salet Ramji
    • Madhavji Ramji Salet
    • Karsan Ramji Salet
  • As per Ministry of Corporate Affairs (Mca), the registered address of Salet Sea Foods Private Limited is Naranji Mulji Chhatralaya Bldg Sudama Road, India, Porbandar, Gujarat, 360575.

  • The corporate identification number (CIN) of Salet Sea Foods Private Limited is U15122GJ1994PTC021684 and the company number is 021684 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Salet Sea Foods Private Limited is https://www.saletgroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Salet Sea Foods Private Limited has fallen by -12.02%.

  • As Per 2023 financial reports, 66 employees are currently employed by Salet Sea Foods Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Salet Sea Foods Private Limited has experienced an upsurge of 2.56%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Salet Sea Foods Private Limited amount to ₹ 27.86 Cr.

  • The most recent Balance Sheet for Salet Sea Foods Private Limited was filed with the ROC on 31 Mar 2024.

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