Seagrass Tech Private Limited

Develops harvesting technology and produces sea-based products with quality certification.

2016 | Tiruvallur, Tamil Nadu (India) | Active
Last Updated: January 02, 2025

Seagrass Tech Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 6.15 M
  • Company Age 8 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.00 Cr
  • Revenue Growth %
  • Profit Growth 46.81%
  • Ebitda 55.21%
  • Net Worth -523.80%
  • Total Assets -8.06%

About Seagrass Tech

Seagrass Tech Private Limited (STPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 24 March 2016 (Eight years and ten months 11 days old ). Its registered office is in Tiruvallur, Tamil Nadu, India.

The Company is engaged in the Travel And Hospitality 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 7.50 M and a paid-up capital of Rs 6.15 M.

The company currently has active open charges totaling ₹1.00 Cr.

Swaminathan Detchanamurthy, Suganya Baskaran, Basivi Monisha, and One other member serve as directors at the Company.

Company Details

  • Location

    Tiruvallur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74900TN2016PTC104912

  • Company No.

    104912

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Mar 2016

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Travel and Hospitality

What products or services does Seagrass Tech Private Limited offer?

Seagrass Tech Private Limited offers a wide range of products and services, including Ayurvedic,Herbal Products & Medicine, Ayurvedic,Herbal Drops & Concentrates, Herbal Capsules, Herbs,Sticks and Roots, Organic Herbs.

Who are the key members and board of directors at Seagrass Tech?

Board Members (4)

Name Designation Appointment Date Status
Suganya Baskaran Country flag representing In Director 24-Mar-2016 Current
Basivi Monisha Country flag representing In Director 27-Dec-2016 Current
Swaminathan Detchanamurthy Country flag representing In Director 24-Mar-2016 Current
Prakash Ramadass Country flag representing In Director 27-Dec-2016 Current

Financial Performance of Seagrass Tech.

Seagrass Tech Private Limited, for the financial year ended 2021, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 46.81% increase in profit. The company's net worth observed a substantial decline by a decrease of 523.8%.

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
Revenue from Operations
Total Assets
-8.06%
Profit or Loss
46.81%
Net Worth
-523.80%
EBITDA
55.21%

What is the Ownership and Shareholding Structure of Seagrass Tech?

In 2021, Seagrass Tech had a promoter holding of 54.01% and a public holding of 45.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 1.00 Cr

Latest Charge Details

Date Lender Amount Status
25 Jul 2017 Canara Bank ₹1.00 Cr Open

How Many Employees Work at Seagrass Tech?

Unlock and access historical data on people associated with Seagrass Tech, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Seagrass Tech, 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 Seagrass Tech'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 Seagrass Tech

Recent activity within the organization

  • Annual General Meeting

    Seagrass Tech Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Balance Sheet

    Seagrass Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge with Canara Bank amounted to Rs. 10.00 M with Charge ID 100161722 was registered on 25 Jul 2017.

    25 Jul 2017

  • Director Appointment

    Basivi Monisha was appointed as a Director was appointed as a Director on 27 Dec 2016 & has been associated with this company since 8 years 1 month .

    27 Dec 2016

  • Director Appointment

    Prakash Ramadass was appointed as a Director was appointed as a Director on 27 Dec 2016 & has been associated with this company since 8 years 1 month .

    27 Dec 2016

  • Director Appointment

    Swaminathan Detchanamurthy was appointed as a Director was appointed as a Director on 24 Mar 2016 & has been associated with this company since 8 years 10 months .

    24 Mar 2016

Frequently asked questions

  • Seagrass Tech Private Limited was incorporated on 24 Mar 2016.

  • The authorized share capital of Seagrass Tech Private Limited is ₹ 7.50 M and paid-up capital is ₹ 6.15 M.

  • Currently 4 directors are associated with Seagrass Tech Private Limited.

    • Swaminathan Detchanamurthy
    • Suganya Baskaran
    • Basivi Monisha
    • Prakash Ramadass
  • As per Ministry of Corporate Affairs (Mca), the registered address of Seagrass Tech Private Limited is No.35C 1St Floor 2Nd Street Thirupathy Nagar, Valasaravakkam India, Chennai, Tamil Nadu, 600087.

  • The corporate identification number (CIN) of Seagrass Tech Private Limited is U74900TN2016PTC104912 and the company number is 104912 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Seagrass Tech Private Limited is https://www.seagrasstech.com

  • The financial reports for the fiscal year 2021 indicates that The net worth of Seagrass Tech Private Limited has experienced an downturn of -523.80%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Seagrass Tech Private Limited amount to ₹ 1.00 Cr.

  • The most recent Balance Sheet for Seagrass Tech Private Limited was filed with the ROC on 31 Mar 2024.