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.
Last updated 4 August 2026
Ace Seafood Bazaar Private Limited, incorporated in 2004 and based in Mumbai, operates the Pescafresh brand, an online and offline seafood and fresh-meat retailer serving over 100,000 households across Mumbai and cities including Hyderabad, Bengaluru and Delhi. The company reported revenue of approximately Rs 14.6 Cr in FY21, a 47% year-on-year increase, and is backed by investors including Blume Ventures and Elara Capital across multiple funding rounds.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
| Registered name | Ace Seafood Bazaar Private Limited |
|---|---|
| CIN | U15120MH2004PTC147588 |
| PAN | AAECA8785B |
| Status | Active |
| Listing | Unlisted (private limited) |
| Incorporated | 20 July 2004 |
| ROC | RoC-Mumbai (Maharashtra) |
| Sector (NIC) |
|
| Registered address | Gala No. 34, 61 & 62, Grd Floor, A to Z Industrial Estate, Ganpatrao K, Lower Parel (West), Mumbai City, Maharashtra 400013 |
| Authorized capital | Rs 10.00 lakh |
| Paid-up capital | Rs 8.70 lakh (Rs 8,69,880) |
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
Directors
Four directors (DINs per Tofler):
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Sangram Ramesh Sawant | 01209251 | - | - |
| Arvind Murlidhar Uplenchwar | 00142114 | - | - |
| Shweta Sangram Sawant | 06383460 | - | - |
| Shashank Ashok Patil | 08459595 | - | - |
GST / Tax
| GSTIN | State | PAN | Status |
|---|---|---|---|
| 27AAECA8785B1ZK | Maharashtra | AAECA8785B (from CIN-linked PAN on Tofler; confirmed) | Active |
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
Standalone (only standalone filings exist; no consolidated). Latest available FY ending 31 March 2021:
| Revenue | ~Rs 14.57 Cr, reported +47% YoY |
|---|---|
| EBITDA | exact value not obtained |
| PAT | exact value not obtained; net profit margin 2.99% implies PAT ~Rs 0.44 Cr |
| Net worth | not obtained |
| Borrowings | not disclosed as figure; debt-to-equity 0.15. Gross margin 11.67%, ROCE -14.34% |
Detailed rupee figures gated behind paywall; ratios single-source — treat as partial.
Funding
- 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
Charges / Loans
One satisfied charge of ~Rs 1.97 Cr reported on TheCompanyCheck
Competitors
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