About Blas-Connect IT Services Private Limited
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Blas-Connect IT Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 30 December 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2015PTC085000. Its GSTIN is 29AAGCB5418E1ZR (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Swetha Vodnala (Managing Director) and Jogu Ramprasad.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No 93 Hoysalanagar Ramamurthynagar, Bangalore, Karnataka, India – 560016.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.18 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹12.86 Lakh (net margin 5.9%) and EBITDA of ₹18.18 Lakh (EBITDA margin 8.3%). Revenue has grown at a compounded annual rate (CAGR) of 53% over three years and 87% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Blas-connect.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website blas.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo 93 Hoysalanagar Ramamurthynagar, Bangalore, Karnataka, India – 560016
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Associated Brands with Blas-Connect IT Services Private Limited
Blas-Connect IT Services operates one associated brand: Blas-connect. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT services including custom software, web development, and consulting for various industries. | blas.co.in |
Competitors & Alternatives of Blas-Connect IT Services Private Limited
Brands and companies operating in the same space as Blas-Connect IT Services Private Limited include Booz Allen Hamilton, Cyient, ZS and 4 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Booz Allen Hamilton | Analytics, cybersecurity, and digital transformation services are provided. | Mclean, United States | 1914 |
 Cyient | Provider of digital engineering and technology services | Hyderabad, India | 1991 |
 ZS | Strategic and management consulting services are provided worldwide. | Evanston, United States | 1983 |
 Teneo | Business consulting, financial advisory, and crisis management services are provided. | New York, United States | 2011 |
 Prophet | Brand and marketing consulting solutions provider | San Francisco, United States | 1992 |
 Huron Consulting Group | Advisory, consulting, technology, and analytics solutions are provided across industries. | Amman, Jordan | 2002 |
 Visiativ | Software integration and digital transformation services are provided. | Lyon, France | 1987 |
Business Activity of Blas-Connect IT Services Private Limited
The main business activity of Blas-Connect IT Services is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Blas-Connect IT Services Private Limited
Blas-Connect IT Services Private Limited is audited by E DEEKSHITH & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| E DEEKSHITH & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Blas-Connect IT Services Private Limited
Blas-Connect IT Services 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 |
|---|---|---|---|---|
| Swetha Vodnala | Managing Director | 10 Apr 2021 | 5 Years 5 Months | Current |
| Jogu Ramprasad | Director | 30 Dec 2015 | 10 Years 9 Months | Current |
Financials of Blas-Connect IT Services Private Limited FY 2024 filings available
Blas-Connect IT Services Private Limited reported revenue of ₹2.18 Cr (up 29% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Blas-Connect IT Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 87% over five years, including 29% growth in the latest year. EBITDA rose 17% 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 of Blas-Connect IT Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹18.18 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹12.86 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Blas-Connect IT Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.9% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
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| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
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| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Blas-Connect IT Services are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Blas-Connect IT Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Blas-Connect IT Services Private Limited
Blas-Connect IT Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Blas-Connect IT Services Private Limited
Blas-Connect IT Services Private Limited has a workforce of 1 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Blas-Connect IT Services Private Limited
Blas-Connect IT Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCB5418E1ZR | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Blas-Connect IT Services Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Blas-Connect IT Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Blas-Connect IT Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Blas-Connect IT Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Blas-Connect IT Services Private Limited
Frequently Asked Questions about Blas-Connect IT Services Private Limited
Blas-Connect IT Services is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 30 December 2015 (11+ years old) and is registered under CIN U72200KA2015PTC085000.
Blas-Connect IT Services reported revenue of ₹2.18 Cr for FY 2024 (up 29% YoY).
Blas-Connect IT Services has 2 current directors:
- Swetha Vodnala - Managing Director
- Jogu Ramprasad - Director
Blas-Connect IT Services reported a net profit of ₹12.86 Lakh (net margin 5.9%) and EBITDA of ₹18.18 Lakh (EBITDA margin 8.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Blas-Connect IT Services is 53% over three years and 87% over five years. In the latest year (FY 2024) revenue rose 29%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Blas-Connect IT Services is 29AAGCB5418E1ZR, registered in Karnataka.
The CIN (Corporate Identification Number) of Blas-Connect IT Services is U72200KA2015PTC085000. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Blas-Connect IT Services was incorporated on 30 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Blas-Connect IT Services can be reached through the website blas.co.in. Its registered office is in Bangalore, Karnataka, India.