Blue Blends (India) Limited

Manufactures various denim fabrics with unique characteristics in Ahmedabad.

1981 | Mumbai, Maharashtra (India) | Active
Last Updated: January 18, 2025

Blue Blends (India) Profile

Key Indicators

  • Authorised Capital ₹ 53.50 Cr
  • Paid Up Capital ₹ 21.65 Cr
  • Company Age 43 Year, 11 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 87.08 Cr
  • Satisfied Charges ₹ 304.60 Cr
  • Revenue Growth -56.69%
  • Profit Growth -39.02%
  • Ebitda -8679.02%
  • Net Worth -179.28%
  • Total Assets -26.23%

About Blue Blends (India)

Blue Blends (India) Limited (BBIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 February 1981 and has a history of 43 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 502761.

The Corporate was formerly known as Blue Blends And Texturising Manufacturing Company Ltd. The Company is engaged in the Fashion And Textile Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2019. It's a company limited by shares with an authorized capital of Rs 53.50 Cr and a paid-up capital of Rs 21.65 Cr.

The company currently has active open charges totaling ₹87.08 Cr. The company has closed loans amounting to ₹304.60 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Blue Blends (India) Limited India is Chintan Doshi as COMPANY SECRETARY. Janardan Joshi, Anand Arya, Rekha Jaiswar, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L17120MH1981PLC023900

  • Company No.

    023900

  • Stock Symbol

    BSE : 502761

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Feb 1981

  • Date of AGM

    24 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Fashion and Textile

What products or services does Blue Blends (India) Limited offer?

Blue Blends (India) Limited offers a wide range of products and services, including Apparel Fabrics & Clothing Textiles, Cotton Textile, Apparel Denim Fabric, Denim Fabric, Mercerized Cotton Fabric.

Who are the key members and board of directors at Blue Blends (India)?

Executive Team (2)

Name Designation Appointment Date Status
Chintan Doshi Country flag representing In Company Secretary 10-Jun-2019 Current
Anand Arya Country flag representing In Managing Director 16-Feb-1981 Current

Board Members (3)

Name Designation Appointment Date Status
Janardan Joshi Country flag representing In Director 20-Oct-2015 Current
Rekha Jaiswar Country flag representing In Additional Director 11-Nov-2020 Current
Madanlal Agarwal Country flag representing In Director 01-Jul-2019 Current

Financial Performance of Blue Blends (India).

Blue Blends (India) Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 56.69% decrease. The company also saw a substantial fall in profitability, with a 39.02% decrease in profit. The company's net worth observed a substantial decline by a decrease of 179.28%.

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
-56.69%
Revenue from Operations
-57.10%
Total Assets
-26.23%
Profit or Loss
-39.02%
Net Worth
-179.28%
EBITDA
-8679.02%

What is the Ownership and Shareholding Structure of Blue Blends (India)?

In 2019, Blue Blends (India) had a promoter holding of 53.16% and a public holding of 46.83%. The company had 1 Subsidiary and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹87.08 Cr

Satisfied Charges

₹304.60 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 48.00 Cr
  • Others : 39.08 Cr

Latest Charge Details

Date Lender Amount Status
16 Sep 2019 Others ₹39.08 Cr Open
30 Jan 2017 Idbi Trusteeship Services Limited ₹48.00 Cr Open
07 Apr 2014 Il & Fs Trust Company Limited ₹43.00 Cr Satisfied
04 Apr 1999 Icici Ltd. ₹1.00 Cr Satisfied
16 Mar 1998 Edelweiss Asset Reconstruction Company Limited ₹5.00 Cr Satisfied

How Many Employees Work at Blue Blends (India)?

Unlock and access historical data on people associated with Blue Blends (India), 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 Blue Blends (India), 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 Blue Blends (India)'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 Blue Blends (India)

Recent activity within the organization

  • Director Appointment

    Rekha Ramdular Jaiswar was appointed as a Additional Director was appointed as a Additional Director on 11 Nov 2020 & has been associated with this company since 4 years 2 months .

    11 Nov 2020

  • Annual General Meeting

    Blue Blends (India) Limited last Annual general meeting of members was held on 24 Sep 2019 as per latest MCA records.

    24 Sep 2019

  • Charges

    A charge with Others amounted to Rs. 39.08 Cr with Charge ID 100295363 was registered on 16 Sep 2019.

    16 Sep 2019

  • Director Appointment

    Madanlal Agarwal was appointed as a Director was appointed as a Director on 01 Jul 2019 & has been associated with this company since 5 years 7 months .

    01 Jul 2019

  • Director Appointment

    Chintan Bharatbhai Doshi was appointed as a Company Secretary was appointed as a Company Secretary on 10 Jun 2019 & has been associated with this company since 5 years 7 months .

    10 Jun 2019

  • Balance Sheet

    Blue Blends (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai.

    31 Mar 2019

Frequently asked questions

  • Blue Blends (India) Limited was incorporated on 16 Feb 1981.

  • The authorized share capital of Blue Blends (India) Limited is ₹ 53.50 Cr and paid-up capital is ₹ 21.65 Cr.

  • Currently 5 directors are associated with Blue Blends (India) Limited.

    • Janardan Joshi
    • Anand Chandulal Arya
    • Rekha Ramdular Jaiswar
    • Chintan Bharatbhai Doshi
    • Madanlal Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Blue Blends (India) Limited is Jbf House 2Nd Floor Old Post Office Lane Kalbadevi Road, India, Mumbai, Maharashtra, 400002.

  • The corporate identification number (CIN) of Blue Blends (India) Limited is L17120MH1981PLC023900 and the company number is 023900 as per Ministry of Corporate Affairs (MCA).

  • Yes, Blue Blends (India) Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Blue Blends (India) Limited is https://www.blueblends.com

  • According to the financial reports for the fiscal year 2019, the revenue trend for Blue Blends (India) Limited has fallen by -56.69%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Blue Blends (India) Limited has experienced an downturn of -179.28%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Blue Blends (India) Limited amount to ₹ 87.08 Cr.

  • The most recent Balance Sheet for Blue Blends (India) Limited was filed with the ROC on 31 Mar 2019.

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