COMPANY INTELLIGENCE PROFILE
ACE SEAFOOD BAZAAR PRIVATE LIMITED
Mumbai-based seafood and fresh-meat distribution/retail company operating the consumer brand "Pescafresh"; incorporated 2004, VC-backed, ~Rs 14.6 Cr FY21 revenue.
Ace Seafood Bazaar Pvt Ltd, based in Mumbai, operates the Pescafresh brand, a seafood and fresh-meat distribution and retail business established in 2004. The company reported approximately Rs 14.6 crore in revenue for FY21, showing significant growth. Pescafresh offers a range of seafood and meat products and serves over 100,000 households across major Indian cities. It is venture capital-backed with notable investors including Blume Ventures and Elara Capital.
AI-generated, may contain errors.
Business Overview
- Ace Seafood Bazaar Pvt Ltd operates the "Pescafresh" brand, www.pescafresh.com, an online and offline seafood, fish and fresh-meat retailer/distributor.
- Product range spans freshwater and seawater fish, shellfish/prawns, chicken and mutton in various cuts, plus ready-to-cook and ready-to-eat non-veg products.
- Claims to serve 1,00,000+ households across Mumbai, and has expanded/served Hyderabad, Bengaluru and Delhi.
- Contact email sangram@pescafresh.com.
- Source: Tofler, TheCompanyCheck, IndiaMart, Business Standard.
Sector & Classification
Manufacture / processing and preservation of meat, fish, fruit, vegetables, oils and fats (NIC group 151; food products). Effective business: seafood & meat distribution and retail.
Directors & Key Management
Directors — source notes
Four directors (DINs per Tofler): - Sangram Ramesh Sawant, DIN 01209251 - Arvind Murlidhar Uplenchwar, DIN 00142114 - Shweta Sangram Sawant, DIN 06383460 - Shashank Ashok Patil, DIN 08459595 Names corroborated by TheCompanyCheck and web search; DINs from Tofler only (single-source, treat as partial).
GST Registrations
Primary GSTIN: 27AAECA8785B1ZK — Maharashtra (state code 27), derived from PAN AAECA8785B and cited in one web-search result; not independently verified on a GSTIN detail page (partial). PAN: AAECA8785B. Home state: Maharashtra. Number of registrations: not obtained. Status: not obtained (registry name is Active).
Financials
ACE Seafood Bazaar Private Limited reported a revenue of approximately Rs 14.57 crore for the fiscal year ending March 31, 2021, marking a 47% increase year-on-year. The company's EBITDA surged by 1,183.79% YoY with an operating margin of 1.01%. The net profit margin stood at 2.99%, implying a PAT of around Rs 0.44 crore, with a debt-to-equity ratio of 0.15.
AI-generated, may contain errors.
| Standalone, only standalone filings exist; no consolidated. Latest available FY ending 31 March 2021: | |
| Revenue | ~Rs 14.57 Cr, TheCompanyCheck; ~Rs 14.6 Cr per Tracxn/summary — 2 sources agree, confirmed, reported +47% YoY. |
| EBITDA | exact value not obtained; Tofler reports EBITDA growth +1,183.79% YoY and operating margin 1.01%, implied EBIT ~Rs 0.15 Cr. |
| PAT | exact value not obtained; net profit margin 2.99% (Tofler) implies PAT ~Rs 0.44 Cr. |
| Net worth | not obtained. |
| Borrowings | not disclosed as figure; debt-to-equity 0.15 (Tofler). Gross margin 11.67%, ROCE -14.34% (Tofler). |
| Detailed rupee figures gated behind paywall; ratios single-source (Tofler) — treat as partial. | |
Funding History
- VC-backed under the Pescafresh brand. Multiple seed rounds
- Named investors include Blume Ventures, early lead, ~2014, and Elara Capital, among a reported 21 investors, 8 institutional, 13 angels.
- Latest round ~March 2022.
- Amounts conflict across sources: Crunchbase/aggregators cite ~$2.33M total across 3 rounds and a ~$2M 2022 round, while Tracxn per-round figures, $4.59M / $1.48M / $5.22M, are internally inconsistent with its own total — treat amounts as unreliable
- Round existence and investor names are the reliable part. Source: Tracxn, round names only, Crunchbase/YourStory.
Loans & Charges
- One satisfied charge of ~Rs 1.97 Cr reported on TheCompanyCheck
- Tofler shows no charges currently registered on assets. Interpreted as a past/satisfied charge with no open (subsisting) charge. Charge-holder name and date not obtained. Sources conflict on presentation — partial.
Competitive Landscape
- Online seafood/fresh-meat delivery peers: ZappFresh, Gurugram, ~$14.5M raised, TenderCuts, Chennai, ~$38M, acquired, Fipola (Chennai, ~$12M), Meatigo, Gurugram, acquired, Licious, Bengaluru, unicorn-scale — much larger, FreshToHome, Bengaluru/Kochi, large-scale.
- Pescafresh is a small/early-stage player relative to Licious/FreshToHome.
- Source: Tracxn.
Frequently Asked Questions
What does Ace Seafood Bazaar Pvt Ltd do?
Ace Seafood Bazaar Pvt Ltd operates the Pescafresh brand, which is an online and offline seafood, fish, and fresh-meat retailer/distributor. They offer a range of products including freshwater and seawater fish, shellfish/prawns, chicken, and mutton, as well as ready-to-cook and ready-to-eat non-veg products.
What is the CIN of Ace Seafood Bazaar Pvt Ltd?
The CIN of Ace Seafood Bazaar Pvt Ltd is U15120MH2004PTC147588.
What is the GSTIN of Ace Seafood Bazaar Pvt Ltd?
The primary GSTIN of Ace Seafood Bazaar Pvt Ltd is 27AAECA8785B1ZK, registered in Maharashtra.
When was Ace Seafood Bazaar Pvt Ltd incorporated?
Ace Seafood Bazaar Pvt Ltd was incorporated in the year 2004.
Where is the registered office of Ace Seafood Bazaar Pvt Ltd located?
The registered office of Ace Seafood Bazaar Pvt Ltd is located at Gala No. 34, 61 & 62, Ground Floor, A to Z Industrial Estate, Ganpatrao K, Lower Parel (West), Mumbai City, Maharashtra 400013.
Sources
TheCompanyCheck (thecompanycheck.com), Tofler (tofler.in), Tracxn (funding round & competitor names only), Crunchbase/YourStory (funding), Business Standard (expansion), IndiaMart/InterFishMarket (brand/business), Indian Kanoon (legal — nil). Blocked sources (Zauba, MCA, IndiaFilings) not used for extraction.
Information compiled from public registry and secondary sources. It may be incomplete or dated; verify independently before relying on it.