Blue Star Limited

Leading manufacturer of air conditioning and refrigeration systems, with global presence and ISO certification.

1949 | Mumbai, Maharashtra (India) | Active
Last Updated:

Blue Star Profile

Key Indicators

  • Authorised Capital ₹ 57.50 Cr
  • Paid Up Capital ₹ 41.12 Cr
  • Company Age 76 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 727.34 Cr
  • Satisfied Charges ₹ 154.13 Cr
  • Revenue Growth 36.39%
  • Profit Growth 186.97%
  • Ebitda 51.77%
  • Net Worth 26.79%
  • Total Assets 18.68%

About Blue Star

Blue Star Limited (BSL) was founded in India on 20 January 1949 and has a glorious history of 76 years and one month. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500067 and on the National Stock Exchange(NSE) under BLUESTARCO.

The Corporate was formerly known as Blue Star Engineering Company (Bombay) Ltd.. The Company is engaged in the Machinery And Equipment 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 57.50 Cr and a paid-up capital of Rs 41.12 Cr.

The company currently has active open charges totaling ₹727.34 Cr. The company has closed loans amounting to ₹154.13 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Blue Star Limited India are Rajesh Parte as COMPANY SECRETARY and Nikhil Sohoni as Cfo. Anil Harish, Sam Balsara, Anita Ramachandran, and Nine other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    bluestarindia.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L28920MH1949PLC006870

  • Company No.

    006870

  • Stock Symbol

    BSE : 500067 NSE : BLUESTARCO

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Jan 1949

  • Date of AGM

    06 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Blue Star Limited offer?

Blue Star Limited offers a wide range of products and services, including Deep Freezer, Blue Star Deep Freezer, Air Purifier, Blue Star Air Purifiers, Industrial Air Conditioning System, Water Chillers, Water Cooled Screw Chillers, Tower AC, Floor Standing AC, Air Conditioner.

Who are the key members and board of directors at Blue Star?

Executive Team (4)

NameDesignationAppointment DateStatus
Vir Advani Country flag representing In Managing Director01-Jul-2010Current
Thiagarajan Balasubramanian Country flag representing In Managing Director13-May-2013Current
Rajesh Parte Country flag representing In Company Secretary29-Oct-2021Current
Nikhil Sohoni CFO01-Jul-2022Current

Board Members (10)

NameDesignationAppointment DateStatus
Sunaina Murthy Country flag representing In Director 01-Apr-2019Current
Sam Balsara Country flag representing In Director 20-Jun-2017Current
Rajiv Lulla Country flag representing In Director 01-Dec-2016Current
Dinesh Vaswani Country flag representing Us Director 01-Dec-2016Current
Arvind Singhal Country flag representing In Director 05-Feb-2019Current
Anita Ramachandran Country flag representing In Director 13-Jun-2022Current

Financial Performance of Blue Star.

Blue Star Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 36.39% increase. The company also saw a substantial improvement in profitability, with a 186.97% increase in profit. The company's net worth Soared by an impressive increase of 26.79%.

Blue Star revenue growth over time
Blue Star 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
36.39%
Revenue from Operations
36.75%
Total Assets
18.68%
Profit or Loss
186.97%
Net Worth
26.79%
EBITDA
51.77%

What is the Ownership and Shareholding Structure of Blue Star?

In 2023, Blue Star had a promoter holding of 38.78% and a public holding of 61.22%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹727.34 Cr

Satisfied Charges

₹154.13 Cr

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 711.50 Cr
  • Bank Of Baroda : 9.50 Cr
  • Banque National De Paris French Bank : 5.00 Cr
  • The New Bank Of India : 0.75 Cr
  • The Hongkong A7 Shanghi Banking Corporation : 0.50 Cr
  • Others : 0.09 Cr

Latest Charge Details

DateLenderAmountStatus
01 Mar 1999Banque National De Paris French Bank₹5.00 CrOpen
26 Mar 1998Bank Of Baroda₹1.00 CrOpen
30 Aug 1994Bank Of Baroda₹8.50 CrOpen
23 Jan 1991State Bank Of India₹0.05 MOpen
11 Oct 1988State Bank O F India₹0.40 MOpen

How Many Employees Work at Blue Star?

Blue Star has a workforce of 6065 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Blue Star Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Blue Star, 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 Star'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 Star

Recent activity within the organization

  • Director Appointment

    Venkata Rao Ponnada was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 03 Sep 2024 & has been associated with this company since 6 months .

  • Annual General Meeting

    Blue Star Limited last Annual general meeting of members was held on 06 Aug 2024 as per latest MCA records.

  • Balance Sheet

    Blue Star Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 711.50 Cr registered on 03 Feb 1988 with Charge ID 90230518 was modified on 22 Mar 2024.

  • Director Appointment

    Vipin Sondhi was appointed as a Director was appointed as a Director on 23 Feb 2024 & has been associated with this company since 1 year 9 days .

  • Director Appointment

    Murlidhar Gangadharan was appointed as a Director was appointed as a Director on 23 Feb 2024 & has been associated with this company since 1 year 9 days .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Blue Star Limited?

    Blue Star Limited was incorporated on 20 Jan 1949.

  • What is authorized share capital and paid-up capital of Blue Star Limited?

    The authorized share capital of Blue Star Limited is ₹ 57.50 Cr and paid-up capital is ₹ 41.12 Cr.

  • Who are the current board members & directors of Blue Star Limited?

    Currently 14 directors are associated with Blue Star Limited.

    • Anil Harish
    • Sam Baman Balsara
    • Anita Ramachandran
    • Dinesh Nanik Vaswani
    • Vipin Sondhi
    • Arvind Kumar Singhal
    • Vir Suneel Advani
    • Thiagarajan Balasubramanian
    • Murlidhar Gangadharan
    • Rajiv Ramesh Lulla
    • Sunaina Murthy
    • Venkata Rao Ponnada
    • Rajesh Digambar Parte
    • Nikhil Ramakrishna Sohoni

  • What is the registered address of Blue Star Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Blue Star Limited is Kasturi Buildingjamshedji Tata Road India, Mumbai, Maharashtra, 400004.

  • What is the corporate identification number (CIN) and company number of Blue Star Limited?

    The corporate identification number (CIN) of Blue Star Limited is L28920MH1949PLC006870 and the company number is 006870 as per Ministry of Corporate Affairs (MCA).

  • Is Blue Star Limited registered with any stock exchange in India?

    Yes, Blue Star Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): BLUESTARCO.

  • What is the official website of Blue Star Limited?

    The Official website of Blue Star Limited is https://www.bluestarindia.com

  • What has been the recent revenue trend for Blue Star Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Blue Star Limited has risen by 36.39%.

  • How many employees does Blue Star Limited currently have?

    As Per 2023 financial reports, 6065 employees are currently employed by Blue Star Limited.

  • What change has been observed in the net worth of Blue Star Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Blue Star Limited has experienced an upsurge of 26.79%.

  • What are the total open charges for Blue Star Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Blue Star Limited amount to ₹ 727.34 Cr.

  • When was the last Balance Sheet of Blue Star Limited filed with the ROC?

    The most recent Balance Sheet for Blue Star Limited was filed with the ROC on 31 Mar 2024.

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