MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MP-35-0000838
Blueocean Ecotech Limited - manufacturing in Bhopal, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹379.25 Cr
▲ 89% YoY
Net profit · FY 2025
₹12.99 Cr
Net margin 3.4%
EBITDA · FY 2025
₹30.31 Cr
EBITDA margin 8%
Authorised capital
₹22 Cr
Registered with MCA
Paid-up capital
₹15 Cr
Issued & subscribed
Open charges
₹154.81 Cr
Satisfied ₹78.18 Cr
Company age
8 yrs
Est. 2018
Employees · EPFO
76
Provident fund records
About Blueocean Ecotech Limited
Data last updated:
Blueocean Ecotech Limited is a public limited company based in Bhopal, Madhya Pradesh, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 18 December 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U17309MP2018PLC047301. Its GSTIN is 23AADFS0759D1ZJ (Madhya Pradesh). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹22 Cr and a paid-up capital of ₹15 Cr. It was formerly known as Badri Cotsyn Limited. It is led by directors including Amit Gupta (Managing Director) and Sumit Gupta (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bhopal, Madhya Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹379.25 Cr, a growth of 89% compared to the previous year. For the same year it recorded a net profit of ₹12.99 Cr (net margin 3.4%) and EBITDA of ₹30.31 Cr (EBITDA margin 8%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 577% over five years.
The company has about 76 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹154.81 Cr and satisfied charges of ₹78.18 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in September 2024. Its 8 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 3 larger and 5 smaller; the largest is GTN Enterprises Limited with revenue of ₹380.7 Cr.
Blueocean Ecotech Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-35-0000838). For more details, the company can be reached via its website badrigroup.com.
Company details
CIN U17309MP2018PLC047301
Registration Number 047301
Incorporation Date 18 December 2018
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Medium
Udyam Registration UDYAM-MP-35-0000838
CIN history
Blueocean Ecotech has one previous CIN (Corporate Identification Number): U17309MP2018PTC047301. The current CIN is U17309MP2018PLC047301, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17309MP2018PLC047301 | Current |
| U17309MP2018PTC047301 | Previous |
Recognitions & Rankings of Blueocean Ecotech
Contact details
Blueocean Ecotech Limited's registered office is in Bhopal, Madhya Pradesh. Its website is badrigroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No 33 New Industrial Area – II, Ward No 14 Tehsil Goharganj, Bhopal, Madhya Pradesh, India – 462046
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Blueocean Ecotech Limited, buy the company report.
Comprehensive company report
Blueocean Ecotech Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Business activity
The main business activity of Blueocean Ecotech is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Blueocean Ecotech Limited, buy the company report.
Financials of Blueocean Ecotech Limited
FY 2025 filings availableBlueocean Ecotech Limited reported revenue of ₹379.25 Cr (up 89% YoY) for FY 2025.
Revenue · FY 2025
₹379.25 Cr ▲ 89%
Net profit · FY 2025
₹12.99 Cr margin 3.4%
EBITDA · FY 2025
₹30.31 Cr margin 8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 89%
3 years · compounded
▲ 29%
5 years · compounded
▲ 577%
EBITDA CAGR growth
1 year
▲ 68%
3 years · compounded
▲ 59%
5 years · compounded
▲ 374%
Revenue has grown at a compounded annual rate (CAGR) of 577% over five years, including 89% growth in the latest year. EBITDA rose 68% in the latest year. 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹30.31 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12.99 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8% | ||||
| Net Profit Margin | 3.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Blueocean Ecotech Limited, buy the company report.
Board of directors of Blueocean Ecotech Limited
Blueocean Ecotech has 5 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepika Gupta | Director | 15 Oct 2024 | 2 Years 0 Months | Current |
| Amit Gupta Also directs: Badri Ecofibres Private Limited, Badri Eco Industries Private Limited, Blueocean Rpet Private Limited and 3 more | Managing Director | 28 Feb 2020 | 6 Years 7 Months | Current |
| Nainsi Barsainya Also directs: A.N. Ecoproducts Private Limited | Director | 12 Dec 2024 | 1 Years 10 Months | Current |
| Sumit Gupta Also directs: Badri Ecofibres Private Limited, Badri Eco Industries Private Limited, Blueocean Rpet Private Limited and 3 more | Whole-Time Director | 18 Dec 2018 | 7 Years 10 Months | Current |
| Piyush Jain | Director | 18 Jun 2025 | 1 Years 4 Months | Current |
Peer comparison
Blueocean Ecotech Limited is compared with the 8 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| GTN Enterprises Limited | ₹380.7 Cr (FY 2024) | 11.0% | Ernakulam, Kerala, India | |||
| Premier SPG and WVG Mills Private Limited | ₹380.56 Cr (FY 2025) | 12.0% | Coimbatore, Tamil Nadu, India | |||
| Ginni Filaments Limited. | ₹379.5 Cr (FY 2025) | 8.0% | Dadri, Uttar Pradesh, India | |||
| Blueocean Ecotech Limitedthis company | ₹379.25 Cr (FY 2025) | ₹12.99 Cr | 3.4% | 89.0% | 76 | Bhopal, Madhya Pradesh, India |
| Shree Shiddhanath Cotex Private Limited | ₹378.86 Cr (FY 2022) | 283.0% | Rajkot, Gujarat, India | |||
| Bogmallo Enterprises Limited | ₹378.31 Cr (FY 2024) | 59.0% | Mumbai, Maharashtra, India | |||
| Indoworth India Limited | ₹376.52 Cr (FY 2019) | 11.0% | Nagpur, Maharashtra, India | |||
| Paramount Textile Mills Private Limited | ₹375.73 Cr (FY 2025) | 19.0% | Madurai, Tamil Nadu, India | |||
| BRFL Textiles Private Limited | ₹371.42 Cr (FY 2025) | -22.0% | Palghar, Maharashtra, India |
To see the full peer comparison of Blueocean Ecotech Limited, buy the company report.
Auditor
Blueocean Ecotech Limited is audited by S.L. Chhajed & Co. Llp for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.L. Chhajed & Co. Llp | FY 2024 | C400277 |
Shareholding
The shareholding of Blueocean Ecotech Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Blueocean Ecotech Limited, buy the company report.
Charges & borrowings
Open charges
₹154.81 Cr
Satisfied charges
₹78.18 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Feb 2025 | 101078031 | Hdfc Bank Limited | ₹1 Cr | Open | |
| 23 Nov 2022 | 100648483 | Hdfc Bank Limited | ₹1.12 Cr | Open | |
| 20 May 2019 | 100264140 | Hdfc Bank Limited | ₹152.69 Cr | Open | |
| 30 Jul 2019 | 100283635 | Hdfc Bank Limited | ₹78.18 Cr | Satisfied |
To see the full charge records of Blueocean Ecotech Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Blueocean Ecotech Limited has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in September 2024.
Total deals
4
Secondary share transfers
3
Rights issue
1
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2024 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
| Feb 2024 | Rights issue | ₹4.99 Cr | Investors: 2 individuals |
| Feb 2024 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Badri Ecofibres Private Limited , an individual |
| Feb 2020 | Secondary share transfer | Undisclosed | Buyer: Badri Ecofibres Private Limited , 2 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Blueocean Ecotech Limited has 1 court case on record: 1 filed by Blueocean Ecotech. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Tonk, Rajasthan | Court case (Cr. Misc. Cases) | Filed by the company against State of Rajasthan | Disposed |
To see the full case history of Blueocean Ecotech Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Blueocean Ecotech Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Blueocean Ecotech Limited has a workforce of 76 employees on its EPFO records as of Dec 29, 2024, across 1 active EPFO establishment.
Employee count
76
Active EPFO establishments
1
Employee growth
-2.56%
GST
Blueocean Ecotech has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
Total GSTINs
5
Active
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AADFS0759D1ZJ | Madhya Pradesh | Active | 01 Jul 2017 |
| 23AAICB1747Q1ZC | Madhya Pradesh | Active | 28 Feb 2019 |
| 07AADFS0759D1ZD | Delhi | Active | 25 Jul 2019 |
| 22AADFS0759D1ZL | Chattisgarh | Active | 08 Aug 2019 |
To see the full GST registrations and return filing status of Blueocean Ecotech Limited, buy the company report.
Recent activity
Blueocean Ecotech Limited has 12 board changes on record since 2018: 5 appointments and 7 cessations. The latest: Rakesh Agrawal ceased to be Director on 15 Dec 2025.
Ceased
Rakesh Agrawal ceased to be Director.
Charges
A charge registered on 30 Jul 2019 via Charge ID 100283635 with Hdfc Bank Limited was fully satisfied on 07 Nov 2025.
AGM
Blueocean Ecotech Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 152.69 Cr registered on 20 May 2019 with Charge ID 100264140 was modified on 12 Aug 2025.
Ceased
Nikhil Kaushik ceased to be Director.
Appointed
Piyush Jain was appointed as Director.
Filing
Blueocean Ecotech Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.00 Cr with Charge ID 101078031 was registered on 24 Feb 2025.
Appointed
Nainsi Barsainya was appointed as Director.
Ceased
Amit Gupta ceased to be Director.
Ceased
Sumit Gupta ceased to be Director.
Appointed
Deepika Gupta was appointed as Director.
10 earlier events are in the company report.
Frequently asked questions
Blueocean Ecotech is an active public limited company based in Bhopal, Madhya Pradesh, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 18 December 2018 (8+ years old) and is registered under CIN U17309MP2018PLC047301.
Blueocean Ecotech has 5 current directors:
- Amit Gupta - Managing Director
- Sumit Gupta - Whole-Time Director
- Deepika Gupta - Director
- Nainsi Barsainya - Director
- Piyush Jain - Director
The latest financial statements of Blueocean Ecotech on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Blueocean Ecotech is 23AADFS0759D1ZJ, registered in Madhya Pradesh. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 23AAICB1747Q1ZC (Madhya Pradesh), 07AADFS0759D1ZD (Delhi), 22AADFS0759D1ZL (Chattisgarh).
The CIN (Corporate Identification Number) of Blueocean Ecotech is U17309MP2018PLC047301. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Blueocean Ecotech has 1 court case on record: 1 filed by the company.
Blueocean Ecotech was incorporated on 18 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Gwalior.
Blueocean Ecotech has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in September 2024.
The peers of Blueocean Ecotech by revenue are GTN Enterprises Limited, Premier SPG and WVG Mills Private Limited, Ginni Filaments Limited, Shree Shiddhanath Cotex Private Limited, Bogmallo Enterprises Limited and 3 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Rakesh Agrawal ceased to be Director on 15 Dec 2025. Nikhil Kaushik ceased to be Director on 18 Jun 2025. Piyush Jain was appointed as Director on 18 Jun 2025. Blueocean Ecotech has 12 board changes on record in total.
Yes, Blueocean Ecotech is registered as a medium enterprise under Udyam registration (number: UDYAM-MP-35-0000838).