Seven Seas Aqua Farms And Exports Limited

Founded in 1994 and headquartered in Andhra Pradesh, India.

1994 | Visakhapatnam, Andhra Pradesh (India) | Active
Last Updated: December 23, 2024

Seven Seas Aqua Farms And Exports Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.54 Cr
  • Company Age 30 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 11.50 Cr
  • Revenue Growth -4.49%
  • Profit Growth -2.17%
  • Ebitda -60.41%
  • Net Worth 2.22%
  • Total Assets 15.12%

About Seven Seas Aqua Farms And Exports

Seven Seas Aqua Farms And Exports Limited (SSAFAEL) is a Public Limited Indian Non-Government Company incorporated in India on 04 March 1994 and has a history of 30 years and 11 months. Its registered office is in Visakhapatnam, Andhra Pradesh, India.

The Company is engaged in the Agriculture Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.54 Cr.

The company currently has active open charges totaling ₹11.50 Cr.

Ashish Daruka, Varada Ram, Srinivas Parimi, and One other member serve as directors at the Company.

Company Details

  • Location

    Visakhapatnam, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U05005AP1994PLC017139

  • Company No.

    017139

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    04 Mar 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Agriculture

Who are the key members and board of directors at Seven Seas Aqua Farms And Exports?

Executive Team (1)

NameDesignationAppointment DateStatus
Srinivas Parimi Country flag representing In Managing Director01-Apr-1994Current

Board Members (3)

NameDesignationAppointment DateStatus
Ashish Daruka Country flag representing In Director 27-Apr-2009Current
Varada Ram Country flag representing In Director 04-Mar-1994Current
Prajwal Parimi Country flag representing In Whole-Time Director 27-Apr-2009Current

Financial Performance of Seven Seas Aqua Farms And Exports.

Seven Seas Aqua Farms And Exports Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 4.49% decrease. The company also saw a slight decrease in profitability, with a 2.17% decrease in profit. The company's net worth moved up by a moderate rise of 2.22%.

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
-4.49%
Revenue from Operations
-4.47%
Total Assets
15.12%
Profit or Loss
-2.17%
Net Worth
2.22%
EBITDA
-60.41%

What is the Ownership and Shareholding Structure of Seven Seas Aqua Farms And Exports?

In 2022, Seven Seas Aqua Farms And Exports had a promoter holding of 86.05% and a public holding of 13.95%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹11.50 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 5.80 Cr
  • Uco Bank : 5.70 Cr

Latest Charge Details

DateLenderAmountStatus
11 Feb 2006Uco Bank₹5.70 CrOpen
20 Dec 1999State Bank Of India₹2.90 CrOpen
14 Sep 1996State Bank Of India₹2.90 CrOpen

How Many Employees Work at Seven Seas Aqua Farms And Exports?

Unlock and access historical data on people associated with Seven Seas Aqua Farms And Exports, 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 Seven Seas Aqua Farms And Exports, 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 Seven Seas Aqua Farms And Exports'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 Seven Seas Aqua Farms And Exports

Recent activity within the organization

  • Annual General Meeting

    Seven Seas Aqua Farms And Exports Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Seven Seas Aqua Farms And Exports Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

    31 Mar 2023

  • Charges

    A charge with Uco Bank of Rs. 5.70 Cr registered on 11 Feb 2006 with Charge ID 80065907 was modified on 30 Jun 2021.

    30 Jun 2021

  • Director Appointment

    Ashish Daruka was appointed as a Director was appointed as a Director on 27 Apr 2009 & has been associated with this company since 15 years 9 months .

    27 Apr 2009

  • Director Appointment

    Prajwal Parimi was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 27 Apr 2009 & has been associated with this company since 15 years 9 months .

    27 Apr 2009

  • Charges

    A charge with Uco Bank amounted to Rs. 5.70 Cr with Charge ID 80065907 was registered on 11 Feb 2006.

    11 Feb 2006

Frequently asked questions

  • Seven Seas Aqua Farms And Exports Limited was incorporated on 04 Mar 1994.

  • The authorized share capital of Seven Seas Aqua Farms And Exports Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.54 Cr.

  • Currently 4 directors are associated with Seven Seas Aqua Farms And Exports Limited.

    • Ashish Daruka
    • Varada Venkata Shri Ram
    • Srinivas Parimi
    • Prajwal Parimi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Seven Seas Aqua Farms And Exports Limited is D.No.9-16-21/2, Cbm Compound India, Visakhapatnam, Andhra Pradesh, 530003.

  • The corporate identification number (CIN) of Seven Seas Aqua Farms And Exports Limited is U05005AP1994PLC017139 and the company number is 017139 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Seven Seas Aqua Farms And Exports Limited has fallen by -4.49%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Seven Seas Aqua Farms And Exports Limited has experienced an upsurge of 2.22%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Seven Seas Aqua Farms And Exports Limited amount to ₹ 11.50 Cr.

  • The most recent Balance Sheet for Seven Seas Aqua Farms And Exports Limited was filed with the ROC on 31 Mar 2023.

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