Blitzar Tech Private Limited

Blitzar Tech Private Limited - information technology in Panvel, Maharashtra, India. FY 2026 financials & compliance.
CIN U72900MH2018PTC315761 Incorporated 15 October 2018 ROC Mumbai HQ Panvel, Maharashtra, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2023
₹8.47 Lakh
▼ 11% YoY
Net profit · FY 2023
₹1.75 Lakh
Net margin 20.7%
EBITDA · FY 2023
₹4.48 Lakh
EBITDA margin 52.8%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered

About Blitzar Tech Private Limited

Data last updated:

Blitzar Tech Private Limited is a private limited company based in Panvel, Maharashtra, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 15 October 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2018PTC315761. Its GSTIN is 27AAICB0689D1ZO (Maharashtra).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Maheshkumar Rohidas Pawar (Managing Director) and Vandana Pankaj Gharat.

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 Flat N0 – 504 Nandanvan Tower Plot N0 – 125: A/7 Old Panvel, Maharashtra, India – 410206.

As per the financials filed for FY 2023, the company reported a revenue of ₹8.47 Lakh, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹1.75 Lakh (net margin 20.7%) and EBITDA of ₹4.48 Lakh (EBITDA margin 52.8%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years.

The company is associated with 1 brand: Blitzar Technologies.

Company details

CIN U72900MH2018PTC315761
Registration Number 315761
Incorporation Date 15 October 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023

Contact details

Blitzar Tech Private Limited's registered office is in Panvel, Maharashtra. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Flat N0 – 504 Nandanvan Tower Plot N0 – 125: A/7 Old Panvel, Maharashtra, India – 410206
  • Industry
    Information Technology, Other Computer Related Activities

To see the full contact details of Blitzar Tech Private Limited, buy the company report.

Comprehensive company report
Blitzar Tech Private 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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Brands

Blitzar Tech operates one associated brand: Blitzar Technologies. Each brand links to its own profile.

BrandDescriptionWebsite
Software development including mobile apps, desktop solutions, and AI for businesses.blitzar.in

Business activity

The main business activity of Blitzar Tech is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Blitzar Tech Private Limited, buy the company report.

Financials of Blitzar Tech Private Limited

FY 2023 filings available

Blitzar Tech Private Limited reported revenue of ₹8.47 Lakh (down 11% YoY) for FY 2023.

Revenue · FY 2023
₹8.47 Lakh ▼ 11%
Net profit · FY 2023
₹1.75 Lakh margin 20.7%
EBITDA · FY 2023
₹4.48 Lakh margin 52.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 11%
3 years · compounded
▲ 42%
EBITDA CAGR growth
1 year
▲ 151%
3 years · compounded
▲ 183%

Revenue fell 11% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 42%. EBITDA rose 151% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
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₹4.48 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.75 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin52.8%
Net Profit Margin20.7%
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 Blitzar Tech Private Limited, buy the company report.

Board of directors of Blitzar Tech Private Limited

Blitzar Tech has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vandana Pankaj GharatDirector28 Nov 20187 Years 11 MonthsCurrent
Maheshkumar Rohidas PawarManaging Director15 Oct 20188 Years 0 MonthsCurrent
Jitendra Ashok BaswantDirector15 Oct 20188 Years 0 MonthsCurrent

Peer comparison

Blitzar Tech Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Divyasaksham Infratech Private Limited₹8.49 Lakh (FY 2024)60.0%Lucknow, Uttar Pradesh, India
Privacy Shield Technologies Private Limited₹8.49 Lakh (FY 2024)-99.0%Pune, Maharashtra, India
International Virtual Technology & Research Private Limited₹8.48 Lakh (FY 2019)-53.0%Delhi, India
Azure Softtech Academy Private Limited₹8.47 Lakh (FY 2025)-69.0%Kolkata, West Bengal, India
Bimclues Solutions Private Limited₹8.47 Lakh (FY 2024)-55.0%Ahmedabad, Gujarat, India
Blitzar Tech Private Limitedthis company₹8.47 Lakh (FY 2023)₹1.75 Lakh20.7%-11.0%Panvel, Maharashtra, India
Coveidentity Tech Private Limited₹8.47 Lakh (FY 2025)-86.0%Sas Nagar, Punjab, India
Ischolaire Learning Solutions Private Limited₹8.47 Lakh (FY 2025)-23.0%Karnal, Haryana, India
Vehiclestep Technologies Private Limited₹8.47 Lakh (FY 2024)199.0%Kulgaon, Uttar Pradesh, India
Deepcompute Software (India) Private Limited₹8.47 Lakh (FY 2025)11.0%Bengaluru, Karnataka, India

To see the full peer comparison of Blitzar Tech Private Limited, buy the company report.

MSME payment delays

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

GST

Blitzar Tech has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAICB0689D1ZOMaharashtraActive26 Nov 2018

To see the full GST registrations and return filing status of Blitzar Tech Private Limited, buy the company report.

Recent activity

Blitzar Tech Private Limited has 4 board changes on record since 2018: 3 appointments and 1 cessation. The latest: Pratik Rajesh Khadpe ceased to be Director on 08 Feb 2019.

AGM
Blitzar Tech Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Blitzar Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Ceased
Pratik Rajesh Khadpe ceased to be Director.
Appointed
Vandana Pankaj Gharat was appointed as Director.
Appointed
Jitendra Ashok Baswant was appointed as Director.
Appointed
Maheshkumar Rohidas Pawar was appointed as Managing Director.
Incorporation
15 Oct 2018
Blitzar Tech Private Limited was registered on 15 Oct 2018 with Roc Mumbai & aged 8 years 25 days as per MCA records.

Frequently asked questions

Blitzar Tech is an active private limited company based in Panvel, Maharashtra, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 15 October 2018 (8+ years old) and is registered under CIN U72900MH2018PTC315761.

Blitzar Tech has 3 current directors:

The latest financial statements of Blitzar Tech 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 2019 are in the company report.

The GSTIN of Blitzar Tech is 27AAICB0689D1ZO, registered in Maharashtra.

The CIN (Corporate Identification Number) of Blitzar Tech is U72900MH2018PTC315761. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Blitzar Tech was incorporated on 15 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Blitzar Tech by revenue are Divyasaksham Infratech Private Limited, Privacy Shield Technologies Private Limited, International Virtual Technology & Research Private Limited, Azure Softtech Academy Private Limited, Bimclues Solutions Private Limited and 4 more, all in the same principal business activity (computer programming, consultancy and related activities).

Pratik Rajesh Khadpe ceased to be Director on 08 Feb 2019. Vandana Pankaj Gharat was appointed as Director on 28 Nov 2018. Jitendra Ashok Baswant was appointed as Director on 15 Oct 2018. Blitzar Tech has 4 board changes on record in total.

The registered office of Blitzar Tech is at Flat N0 – 504 Nandanvan Tower Plot N0 – 125: A7 Old Panvel, Maharashtra, India – 410206.

Blitzar Tech operates in the information technology industry, in the other computer related activities segment.

Blitzar Tech has 1 associated brand: Blitzar Technologies.