About Bling Element Private Limited
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Bling Element Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the sports goods segment of the musical instruments sector. It was incorporated on 27 August 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U52393KA2012PTC065573. Its GSTIN is 29AAFCB1599P1ZV (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Anand Kanna Venkatesan (Managing Director) and Umesh Kumar.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 3rd Floor Reyyan Towers 41/1 Church Street Off M G Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2019, the company reported a revenue of ₹14.02 Lakh, a growth of 16% compared to the previous year. For the same year it recorded a net loss of ₹12.54 Lakh (net margin -89.5%) and EBITDA of -₹12.13 Lakh (EBITDA margin -86.5%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years.
The company is associated with 1 brand: Blinge Element.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website blingelement.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address3rd Floor Reyyan Towers 41/1 Church Street Off M G Road, Bangalore, Karnataka, India – 560001
- IndustryMusical Instruments, Sports Goods, Musical Instrument, Manufacturing, Jewellery
- 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
Business Activity of Bling Element Private Limited
The main business activity of Bling Element is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. 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.
Financials of Bling Element Private Limited FY 2020 filings available
Bling Element Private Limited reported revenue of ₹14.02 Lakh (up 16% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Bling Element Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 6% over three years, including 16% growth in the latest year. EBITDA fell 124% 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 Bling Element Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹12.13 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹12.54 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 of Bling Element Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -86.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -89.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Bling Element are in the company report.
Financial statements from 2015
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.
Peer Comparison of Bling Element Private Limited
Bling Element Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| PRG Jewels Limited | •••• | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
| Deerabbit India Private Limited | •••• | •••• | •••• | •••• | - | Kanayannur, Kerala, India |
| Re-Green Energy Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Ken Craft Gems Private Limited | •••• | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
| Vaani Krishan Jewellers Private Limited | •••• | •••• | •••• | •••• | - | Coimbatore, Tamil Nadu, India |
| Bling Element Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Anjan Infosystems Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Protons Sports and Fitness Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Iotegral Technologies Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Bsag Natural Organics Private Limited | •••• | •••• | •••• | •••• | - | Ghaziabad, Uttar Pradesh, India |
| Un Garments Private Limited | •••• | •••• | •••• | •••• | - | Ferook, Kerala, India |
Peers are the five companies nearest above and the five nearest below Bling Element by revenue in the same principal business activity (Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Bling Element Private Limited
Bling Element Private Limited is audited by S S KOUJALAGI AND COMPANY for the financial year 2015.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S S KOUJALAGI AND COMPANY | 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 Bling Element Private Limited
Bling Element 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 |
|---|---|---|---|---|
| Umesh Kumar | Director | 13 Mar 2014 | 12 Years 6 Months | Current |
| Anand Kanna Venkatesan | Managing Director | 27 Aug 2012 | 14 Years 1 Months | Current |
Ownership and Shareholding of Bling Element 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 Bling Element Private Limited
Bling Element Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Bling Element Private Limited
Bling Element operates one associated brand: Blinge Element. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates an e-store specializing in private-label jewellery products. | blingelement.com |
Employees and EPFO Compliance at Bling Element Private Limited
Employment history and EPFO contributions of people linked to Bling Element.
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.
Recent Activity on Bling Element Private Limited
Bling Element Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Anand Kanna Venkatesan ceased to be Director on 13 Mar 2014.
Credit Ratings, Litigation & Regulatory Alerts for Bling Element 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 Bling Element 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 Bling Element 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.
GST Compliance of Bling Element Private Limited
Bling Element has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCB1599P1ZV | 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.
MCA Filings & Documents of Bling Element 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.
Frequently Asked Questions about Bling Element Private Limited
Bling Element is an active private limited company based in Bangalore, Karnataka, India. The company works in sports goods, within the musical instruments industry. It was incorporated on 27 August 2012 (14+ years old) and is registered under CIN U52393KA2012PTC065573.
Bling Element reported revenue of ₹14.02 Lakh for FY 2019 (up 16% YoY).
Bling Element has 2 current directors:
- Anand Kanna Venkatesan - Managing Director
- Umesh Kumar - Director
Bling Element reported a net loss of ₹12.54 Lakh (net margin -89.5%) and EBITDA of -₹12.13 Lakh (EBITDA margin -86.5%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bling Element is 6% over three years. In the latest year (FY 2019) revenue rose 16%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Bling Element is 29AAFCB1599P1ZV, registered in Karnataka.
The CIN (Corporate Identification Number) of Bling Element is U52393KA2012PTC065573. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bling Element was incorporated on 27 August 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Bling Element by revenue are PRG Jewels Limited, Deerabbit India Private Limited, Re-Green Energy Private Limited, Ken Craft Gems Private Limited, Vaani Krishan Jewellers Private Limited and 5 more, all in the same principal business activity (Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Anand Kanna Venkatesan ceased to be Director on 13 Mar 2014. Praveen Kumar ceased to be Director on 13 Mar 2014. Umesh Kumar was appointed as Director on 13 Mar 2014. Bling Element has 4 board changes on record in total.
Bling Element can be reached through the website blingelement.com. Its registered office is in Bangalore, Karnataka, India.