Blecan Innovations Private Limited

Blecan Innovations Private Limited - information technology in Vadodara, Gujarat, India. FY 2026 financials & compliance.
CIN U72900GJ2017PTC098297 Incorporated 14 July 2017 ROC Ahmedabad HQ Vadodara, Gujarat, India
Active Private Limited Company information technology DPIIT Startup
Data last updated
Revenue · FY 2022
₹1.05 Lakh
Latest filing
Net loss · FY 2022
₹33,097
Net margin -31.4%
EBITDA · FY 2022
-₹43,706
EBITDA margin -41.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Last financials
Mar 2023
Balance sheet date

About Blecan Innovations Private Limited

Data last updated:

Blecan Innovations Private Limited is a private limited company based in Vadodara, Gujarat, India, recognised as a startup by DPIIT. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 14 July 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2017PTC098297.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rishabh Agnihotri and Divye Shah.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at A/1 Narnarayan Society Nr Panchamrut Society Gotri Road, Vadodara, Gujarat, India – 390021.

As per the financials filed for FY 2022, the company reported a revenue of ₹1.05 Lakh. For the same year it recorded a net loss of ₹33,097 (net margin -31.4%) and EBITDA of -₹43,706 (EBITDA margin -41.5%). Revenue has grown at a compounded annual rate (CAGR) of 722% over three years.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website poispay.com.

Company details

CIN U72900GJ2017PTC098297
Registration Number 098297
Incorporation Date 14 July 2017
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup

Recognitions & Rankings of Blecan Innovations

DPIIT recognised startup Government of India
Startup India

Contact details

Blecan Innovations Private Limited's registered office is in Vadodara, Gujarat. Its website is poispay.com. Its e-mail address is in the company report.

  • Email
  • Registered Address
    A/1 Narnarayan Society Nr Panchamrut Society Gotri Road, Vadodara, Gujarat, India – 390021
  • Industry
    Information Technology, Other Computer Related Activities

To see the full contact details of Blecan Innovations Private Limited, buy the company report.

Comprehensive company report
Blecan Innovations Private Limited - one report that includes everything
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  • Historical financials and ratios
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  • Legal cases, compliance and MCA filings
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Financials of Blecan Innovations Private Limited

FY 2023 filings available

Blecan Innovations Private Limited reported revenue of ₹1.05 Lakh for FY 2022.

Revenue · FY 2022
₹1.05 Lakh
Net loss · FY 2022
₹33,097 margin -31.4%
EBITDA · FY 2022
-₹43,706 margin -41.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▲ 722%

Revenue has grown at a compounded annual rate (CAGR) of 722% over three years. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹1.05 Lakh
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹43,706
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹33,097
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin-41.5%
Net Profit Margin-31.4%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Blecan Innovations Private Limited, buy the company report.

Board of directors of Blecan Innovations Private Limited

Blecan Innovations has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Rishabh AgnihotriDirector14 Jul 20179 Years 3 MonthsCurrent
Divye ShahDirector14 Jul 20179 Years 3 MonthsCurrent

MSME payment delays

No delayed payments to MSME suppliers are on our record for Blecan Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Blecan Innovations Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Blecan Innovations Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Divye Shah was appointed as Director on 14 Jul 2017.

AGM
Blecan Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Blecan Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
Appointed
Divye Shah was appointed as Director.
Appointed
Rishabh Agnihotri was appointed as Director.
Incorporation
14 Jul 2017
Blecan Innovations Private Limited was registered on 14 Jul 2017 with Roc Ahmedabad & aged 9 years 3 months as per MCA records.

Frequently asked questions

Blecan Innovations is an active private limited company based in Vadodara, Gujarat, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 14 July 2017 (9+ years old) and is registered under CIN U72900GJ2017PTC098297.

Blecan Innovations has 2 current directors:

The latest financial statements of Blecan Innovations on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2018 are in the company report.

The CIN (Corporate Identification Number) of Blecan Innovations is U72900GJ2017PTC098297. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Blecan Innovations was incorporated on 14 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Divye Shah was appointed as Director on 14 Jul 2017. Rishabh Agnihotri was appointed as Director on 14 Jul 2017.

Yes, Blecan Innovations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Blecan Innovations can be reached through the website poispay.com. Its registered office is in Vadodara, Gujarat, India.

The registered office of Blecan Innovations is at A1 Narnarayan Society Nr Panchamrut Society Gotri Road, Vadodara, Gujarat, India – 390021.

Blecan Innovations operates in the information technology industry, in the other computer related activities segment.