B.Local Technologies Private Limited

B.Local Technologies Private Limited - e-commerce in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
CIN U51909KA2020PTC141446 Incorporated 25 November 2020 ROC Bangalore HQ Bengaluru, Karnataka, India
Active Private Limited Company e-commerce DPIIT Startup MSME · Micro
Data last updated
Revenue · FY 2024
₹2.08 Cr
▲ 5294% YoY
Net loss · FY 2024
₹69.76 Lakh
Net margin -33.6%
EBITDA · FY 2024
-₹13.91 Lakh
EBITDA margin -6.7%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹1.55 Cr
Issued & subscribed
Open charges
₹2.74 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
3
As per MCA filings

About B.Local Technologies Private Limited

Data last updated:

B.Local Technologies Private Limited is a private limited company based in Bengaluru, Karnataka, India, recognised as a startup by DPIIT. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 25 November 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51909KA2020PTC141446. Its GSTIN is 29AAJCB4537F1ZK (Karnataka).

The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.55 Cr. It is led by directors including Deepthi Gundala and Amarnath Panguluru Chowdary.

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 269 Amardeep 8th Main Rajiv Gandhi Nagar Nandini Layout, Bengaluru, Karnataka, India – 560096.

As per the financials filed for FY 2024, the company reported a revenue of ₹2.08 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹69.76 Lakh (net margin -33.6%) and EBITDA of -₹13.91 Lakh (EBITDA margin -6.7%). Revenue has grown at a compounded annual rate (CAGR) of 391% over three years.

The company is associated with 1 brand: Blocal. As per MCA filings, the company has open charges of ₹2.74 Cr on record. Court records list 10 cases involving the company, including 10 filed by the company; 5 cases are pending.

B.Local Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0291326). For more details, the company can be reached via its website blocal.co.in.

Company details

CIN U51909KA2020PTC141446
Registration Number 141446
Incorporation Date 25 November 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0291326
Key People
Deepthi Gundala Director Amarnath Panguluru Chowdary Director Harinath Chowdary Panguluru Director

Recognitions & Rankings of B.Local Technologies

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-03-0291326

Contact details

B.Local Technologies Private Limited's registered office is in Bengaluru, Karnataka. Its website is blocal.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    blocal.co.in
  • Social Media
  • Apps
  • Registered Address
    No 269 Amardeep 8th Main Rajiv Gandhi Nagar Nandini Layout, Bengaluru, Karnataka, India – 560096
  • Industry
    E-Commerce, General E-Commerce Platforms

To see the full contact details of B.Local Technologies Private Limited, buy the company report.

Comprehensive company report
B.Local Technologies 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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Secure checkout · GST invoice included

Brands

B.Local Technologies operates one associated brand: Blocal. Each brand links to its own profile.

BrandDescriptionWebsite
Blocal
App connects users to local stores for ordering, delivery, and tracking.blocal.co.in

Business activity

The main business activity of B.Local Technologies is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of B.Local Technologies Private Limited, buy the company report.

Financials of B.Local Technologies Private Limited

FY 2024 filings available

B.Local Technologies Private Limited reported revenue of ₹2.08 Cr (up 5294% YoY) for FY 2024.

Revenue · FY 2024
₹2.08 Cr ▲ 5294%
Net loss · FY 2024
₹69.76 Lakh margin -33.6%
EBITDA · FY 2024
-₹13.91 Lakh margin -6.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▲ 391%
EBITDA CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 28%

Revenue has grown at a compounded annual rate (CAGR) of 391% over three years. EBITDA fell 3% 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 2023-24FY 2022-23FY 2021-22FY 2020-21
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-₹13.91 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹69.76 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 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-6.7%
Net Profit Margin-33.6%
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 B.Local Technologies Private Limited, buy the company report.

Board of directors of B.Local Technologies Private Limited

B.Local Technologies has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Deepthi Gundala
Also directs: Vezbynature Products Private Limited, Mode Finserver Private Limited, Exotic Dry Drinks Retail LLP and 3 more
Director25 Nov 20205 Years 11 MonthsCurrent
Amarnath Panguluru Chowdary
Also directs: Vezbynature Products Private Limited, Mode Finserver Private Limited, Exotic Dry Drinks Retail LLP and 3 more
Director25 Nov 20205 Years 11 MonthsCurrent
Harinath Chowdary Panguluru
Also directs: Vezbynature Products Private Limited, Mode Finserver Private Limited
Director25 Nov 20205 Years 11 MonthsCurrent
View all directors

Peer comparison

B.Local Technologies Private Limited is compared with the 3 companies closest to it by revenue in the Ecommerce and Internet industry (Broad Based Ecommerce), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Curated Products Private Limited₹2.11 Cr (FY 2025)4.0%Ernakulam, Kerala, India
Big Shark Deals Private Limited₹2.08 Cr (FY 2024)1178.0%New Delhi, Delhi, India
B.Local Technologies Private Limitedthis company₹2.08 Cr (FY 2024)-₹69.76 Lakh-33.6%5294.0%Bengaluru, Karnataka, India
Shrimad India Private Limited₹2.06 Cr (FY 2023)14.0%New Delhi, Delhi, India

To see the full peer comparison of B.Local Technologies Private Limited, buy the company report.

Auditor

B.Local Technologies Private Limited is audited by GRSM & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
GRSM & AssociatesFY 2023000863S

Shareholding

The shareholding of B.Local Technologies Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of B.Local Technologies Private Limited, buy the company report.

Charges & borrowings

Open charges
₹2.74 Cr
Satisfied charges
None
Breakdown by lending institutions
State Bank of India₹2.74 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
17 Aug 2023100790551State Bank of India₹2.74 CrOpen

To see the full charge records of B.Local Technologies Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

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

Employees & EPFO

B.Local Technologies Private Limited has 1 active EPFO establishment as of Apr 04, 2024.

Active EPFO establishments
1

GST

B.Local Technologies has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAJCB4537F1ZKKarnatakaActive11 Dec 2020

To see the full GST registrations and return filing status of B.Local Technologies Private Limited, buy the company report.

Recent activity

B.Local Technologies Private Limited has 4 board changes on record since 2020: 3 appointments and 1 cessation. The latest: Harinath Chowdary Panguluru ceased to be Managing Director on 07 Dec 2020.

AGM
B.Local Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
B.Local Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with State Bank Of India of Rs. 2.74 Cr registered on 17 Aug 2023 with Charge ID 100790551 was modified on 02 Feb 2024.
Charges
A charge with State Bank Of India amounted to Rs. 2.74 Cr with Charge ID 100790551 was registered on 17 Aug 2023.
Ceased
Harinath Chowdary Panguluru ceased to be Managing Director.
Appointed
Amarnath Panguluru Chowdary was appointed as Director.
Appointed
Deepthi Gundala was appointed as Director.
Appointed
Harinath Chowdary Panguluru was appointed as Director.
Incorporation
25 Nov 2020
B.Local Technologies Private Limited was registered on 25 Nov 2020 with Roc Bangalore & aged 5 years 11 months as per MCA records.

Frequently asked questions

B.Local Technologies is an active private limited company based in Bengaluru, Karnataka, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 25 November 2020 (6+ years old) and is registered under CIN U51909KA2020PTC141446.

B.Local Technologies has 3 current directors:

The latest financial statements of B.Local Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2021 are in the company report.

The GSTIN of B.Local Technologies is 29AAJCB4537F1ZK, registered in Karnataka.

The CIN (Corporate Identification Number) of B.Local Technologies is U51909KA2020PTC141446. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

B.Local Technologies has 10 court cases on record: 10 filed by the company. 5 are pending.

B.Local Technologies was incorporated on 25 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of B.Local Technologies by revenue are Curated Products Private Limited, Big Shark Deals Private Limited, Shrimad India Private Limited, all in the Ecommerce and Internet industry (Broad Based Ecommerce), with the same principal business activity (wholesale trading).

Harinath Chowdary Panguluru ceased to be Managing Director on 07 Dec 2020. Amarnath Panguluru Chowdary was appointed as Director on 25 Nov 2020. Deepthi Gundala was appointed as Director on 25 Nov 2020. B.Local Technologies has 4 board changes on record in total.

Yes, B.Local Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, B.Local Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0291326).