About Bglide IT Innovations Private Limited
Data last updated:
Bglide IT Innovations Private Limited is a private limited company based in Jaipur, Rajasthan, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 16 October 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U72900RJ2008PTC027578. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sandeep Soni and Mamta Kanwar.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Jaipur, Rajasthan.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.96 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net loss of ₹1.42 Lakh (net margin -0.7%) and EBITDA of ₹66.25 Lakh (EBITDA margin 33.8%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years.
As per MCA filings, the company has open charges of ₹55 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bglide.com.
Company details
Contact details
Bglide IT Innovations Private Limited's registered office is in Jaipur, Rajasthan. Its website is bglide.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressG – 93 Kardhani Behind Parm Brahmanand Hospital Kalwar, Road, Jaipur, Rajasthan, India – 302012
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Bglide IT Innovations Private Limited, buy the company report.
- 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
Business activity
The main business activity of Bglide IT Innovations is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Bglide IT Innovations Private Limited, buy the company report.
Financials of Bglide IT Innovations Private Limited
FY 2018 filings availableBglide IT Innovations Private Limited reported revenue of ₹1.96 Cr (down 13% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 13% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 19%. EBITDA rose 61% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹1.96 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹66.25 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1.42 Lakh | |||
| 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 33.8% | |||
| Net Profit Margin | -0.7% | |||
| 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 Bglide IT Innovations Private Limited, buy the company report.
Board of directors of Bglide IT Innovations Private Limited
Bglide IT Innovations has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Soni Also directs: Bhaktgan Ventures Private Limited, Bglide Softwares Private Limited, Go Tieup Solutions Private Limited and 1 more | Director | 16 Oct 2008 | 18 Years 0 Months | Current |
| Mamta Kanwar Also directs: Bglide Softwares Private Limited | Director | 16 Jan 2012 | 14 Years 9 Months | Current |
Peer comparison
Bglide IT Innovations Private Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cognitive Bits Private Limited | ₹1.96 Cr (FY 2020) | 17.0% | Hyderabad, Telangana, India | |||
| Hungry2grow Software Private Limited | ₹1.96 Cr (FY 2024) | -23.0% | Bengaluru, Karnataka, India | |||
| A V Softech Private Limited | ₹1.96 Cr (FY 2025) | 30.0% | New Delhi, Delhi, India | |||
| Bglide IT Innovations Private Limitedthis company | ₹1.96 Cr (FY 2018) | -₹1.42 Lakh | -0.7% | -13.0% | Jaipur, Rajasthan, India | |
| Easyway 3E Solutions Private Limited | ₹1.96 Cr (FY 2025) | -9.0% | Vadodara, Gujarat, India |
To see the full peer comparison of Bglide IT Innovations Private Limited, buy the company report.
Auditor
Bglide IT Innovations Private Limited is audited by SONI NARESH & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SONI NARESH & CO | FY 2018 | 008250C |
Shareholding
The shareholding of Bglide IT Innovations Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Bglide IT Innovations Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Dec 2014 | 10547724 | Icici Bank Limited | ₹15 Lakh | Open | |
| 31 Jul 2014 | 10558868 | Hdfc Bank Limited | ₹40 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Bglide IT Innovations Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur Metro I, Rajasthan | Criminal case | Filed against the company by HDFC Bank | Disposed |
To see the full case history of Bglide IT Innovations Private 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 Bglide IT Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bglide IT Innovations has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Bglide IT Innovations Private Limited, buy the company report.
Recent activity
Bglide IT Innovations Private Limited has 4 board changes on record since 2008: 2 appointments and 2 cessations. The latest: Jitender Dagar ceased to be Director on 17 Jan 2012.
Frequently asked questions
Bglide IT Innovations is an active private limited company based in Jaipur, Rajasthan, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 16 October 2008 (18+ years old) and is registered under CIN U72900RJ2008PTC027578.
Bglide IT Innovations has 2 current directors:
- Sandeep Soni - Director
- Mamta Kanwar - Director
The latest financial statements of Bglide IT Innovations on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
No. Bglide IT Innovations has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Bglide IT Innovations is U72900RJ2008PTC027578. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bglide IT Innovations has 1 court case on record: 1 filed against it.
Bglide IT Innovations was incorporated on 16 October 2008, making it 18+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Bglide IT Innovations by revenue are Cognitive Bits Private Limited, Hungry2grow Software Private Limited, A V Softech Private Limited, Easyway 3E Solutions Private Limited, all in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).
Jitender Dagar ceased to be Director on 17 Jan 2012. Mamta Kanwar was appointed as Director on 16 Jan 2012. Manoj Bhura ceased to be Director on 09 Jan 2010. Bglide IT Innovations has 4 board changes on record in total.
Bglide IT Innovations can be reached through the website bglide.com. Its registered office is in Jaipur, Rajasthan, India.
The registered office of Bglide IT Innovations is at G – 93 Kardhani Behind Parm Brahmanand Hospital Kalwar, Road, Jaipur, Rajasthan, India – 302012.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
