About Blue Blends (India) Limited
Data last updated:
Blue Blends (India) Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the denim and casual wear segment of the fashion and textiles sector. It was incorporated on 16 February 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L17120MH1981PLC023900. Its GSTIN is 27AAACB1690C1Z3 (Maharashtra). The company holds 4 GST registrations, of which 2 are active. Its shares are listed on BSE: 502761.
The company has an authorised share capital of ₹53.5 Cr and a paid-up capital of ₹30.65 Cr. It was formerly known as Blue Blends and Texturising Manufacturing Company Ltd. It is led by directors including Aditya Mayank Parekh (Managing Director) and Ritesh Rajkumar Chokhani (Whole-Time Director).
Its last annual general meeting (AGM) was held on 24 September 2019, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Jbf House 2nd Floor Old Post Office Lane Kalbadevi Road, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.46 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net loss of ₹74.41 Lakh (net margin -13.6%) and EBITDA of ₹52.22 Lakh (EBITDA margin 9.6%).
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹39.08 Cr and satisfied charges of ₹391.68 Cr on record. Court records list 46 cases involving the company, including 18 filed by the company and 28 filed against it; 11 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website blueblends.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressJbf House 2nd Floor Old Post Office Lane Kalbadevi Road, Mumbai, Maharashtra, India – 400002
- IndustryFashion and Textile, Denim & Casual Wear
- 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 Blue Blends (India) Limited
The main business activity of Blue Blends (India) is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | 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 Blue Blends (India) Limited FY 2025 filings available
Blue Blends (India) Limited reported revenue of ₹5.46 Cr (down 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Blue Blends (India) Limited
Revenue fell 10% in the latest year. EBITDA fell 12% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Blue Blends (India) Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹5.46 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹52.22 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹74.41 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 Blue Blends (India) Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -13.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Blue Blends (India) 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 Blue Blends (India) Limited
Blue Blends (India) Limited is compared with the companies closest to it by revenue in the Apparel industry (Denim Wear). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Clayroots Overseas Private Limited | ₹9.39 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Delhi, India |
| Tatsat Garments Private Limited | ₹9.17 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | Vasai, Maharashtra, India |
| Sairaj Apparels Private Limited | ₹7.18 Cr (FY 2021) | •••• | •••• | -33.0% | •••• | Sonale Village, Bhiwandi, Maharashtra, India |
| Irony Clothings Private Limited | ₹6.37 Cr (FY 2024) | •••• | •••• | -26.0% | •••• | Palghar, Maharashtra, India |
| Bonanza Enterprises Pvt Ltd | ₹5.94 Cr (FY 2024) | •••• | •••• | 3994.0% | •••• | Kolkata, West Bengal, India |
| Blue Blends (India) Limited this company | ₹5.46 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Mumbai, Maharashtra, India |
| Miracle Lifestyle Limited | ₹4.65 Cr (FY 2025) | •••• | •••• | -29.0% | •••• | Mumbai, Maharashtra, India |
| Juvenca Online Private Limited | ₹4.44 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Mumbai, Maharashtra, India |
| Satyosham Industries Private Limited | ₹2.34 Cr (FY 2024) | •••• | •••• | 227.0% | •••• | New Delhi, Delhi, India |
| Quick Metpack Private Limited | ₹2.28 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | New Delhi, Delhi, India |
| Necked Jeans Private Limited | ₹1.18 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Blue Blends (India) by revenue in the Apparel industry (Denim Wear), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Blue Blends (India) Limited
Blue Blends (India) Limited is audited by J M T & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J M T & ASSOCIATES | 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 Blue Blends (India) Limited
Blue Blends (India) has 5 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devanshi Jayantibhai Bhanushali Also directs: Radiant Financial Services Ltd | Additional Director | 15 Jul 2025 | 1 Years 2 Months | Current |
| Jahnavi Chintan Mehta | Additional Director | 08 Jul 2025 | 1 Years 3 Months | Current |
| Aditya Mayank Parekh Also directs: Everex Education LLP, Bindal Synthetics Pvt Ltd | Managing Director | 07 May 2025 | 1 Years 5 Months | Current |
| Ritesh Rajkumar Chokhani Also directs: Bindal Synthetics Pvt Ltd | Whole-Time Director | 07 May 2025 | 1 Years 5 Months | Current |
| Kunal Salawat | Additional Director | 21 Apr 2025 | 1 Years 5 Months | Current |
Ownership and Shareholding of Blue Blends (India) 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 Blue Blends (India) Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Sep 2019 | Others | ₹39.08 Cr | Satisfied |
| 30 Jan 2017 | Idbi Trusteeship Services Limited | ₹48 Cr | Satisfied |
| 07 Apr 2014 | Il & Fs Trust Company Limited | ₹43 Cr | Satisfied |
| 04 Apr 1999 | Icici Ltd. | ₹1 Cr | Satisfied |
| 16 Mar 1998 | Edelweiss Asset Reconstruction Company Limited | ₹5 Cr | Satisfied |
Total charge records: 58 View all charges
Legal Cases of Blue Blends (India) Limited
Blue Blends (India) Limited has 46 court cases on record: 18 filed by Blue Blends (India), 28 filed against it. 11 cases are pending and 35 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 42 | 25 | 11 |
| High courts | 4 | 3 | 0 |
Cases on record (5 of 46)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Ub Stainless Limited | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Acme Cotsyn Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by BST Textile Mills Private Limited | Pending |
| District court, Kanpur Nagar, Uttar Pradesh | Court case (Complaint Cases) | Filed against the company by Vijay Infosys Private Limited | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Veeraj International LLP | Pending |
Full case history
All 46 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Blue Blends (India) Limited
Employment history and EPFO contributions of people linked to Blue Blends (India).
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.
Group Structure of Blue Blends (India) Limited
Blue Blends (India) has 1 subsidiary company and 2 associated companies. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Bindal Synthetics Pvt Ltd | U17120MH1982PTC027738 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Blue Blends (India) Limited
Blue Blends (India) Limited has 49 board changes on record since 1981: 27 appointments and 22 cessations. The latest: Devanshi Jayantibhai Bhanushali was appointed as Additional Director on 15 Jul 2025.
195 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Blue Blends (India) 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 Blue Blends (India) 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 Blue Blends (India) 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 Blue Blends (India) Limited
Blue Blends (India) has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACB1690C1Z3 | Maharashtra | Active | 01 Jul 2017 |
| 24AAACB1690C1Z9 | Gujarat | 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 Blue Blends (India) 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 Blue Blends (India) Limited
Blue Blends (India) is an active public limited company based in Mumbai, Maharashtra, India. The company works in denim and casual wear, within the fashion and textile industry. It was incorporated on 16 February 1981 (45+ years old) and is registered under CIN L17120MH1981PLC023900. Listed on BSE: 502761.
Blue Blends (India) reported revenue of ₹5.46 Cr for FY 2025 (down 10% YoY).
Blue Blends (India) has 5 current directors:
- Aditya Mayank Parekh - Managing Director
- Ritesh Rajkumar Chokhani - Whole-Time Director
- Devanshi Jayantibhai Bhanushali - Additional Director
- Jahnavi Chintan Mehta - Additional Director
- Kunal Salawat - Additional Director
Blue Blends (India) reported a net loss of ₹74.41 Lakh (net margin -13.6%) and EBITDA of ₹52.22 Lakh (EBITDA margin 9.6%) for FY 2025, as per its filed financial statements.
The GSTIN of Blue Blends (India) is 27AAACB1690C1Z3, registered in Maharashtra. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 24AAACB1690C1Z9 (Gujarat).
The CIN (Corporate Identification Number) of Blue Blends (India) is L17120MH1981PLC023900. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Blue Blends (India) is listed on BSE with code 502761.
Blue Blends (India) has 46 court cases on record: 18 filed by the company and 28 filed against it. 11 are pending. Most are in the district courts.
Blue Blends (India) was incorporated on 16 February 1981, making it 45+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Blue Blends (India) by revenue are Clayroots Overseas Private Limited, Tatsat Garments Private Limited, Sairaj Apparels Private Limited, Irony Clothings Private Limited, Bonanza Enterprises Pvt Ltd and 5 more, all in the Apparel industry (Denim Wear).
Devanshi Jayantibhai Bhanushali was appointed as Additional Director on 15 Jul 2025. Chintan Bharatbhai Doshi ceased to be Company Secretary on 08 Jul 2025. Jahnavi Chintan Mehta was appointed as Additional Director on 08 Jul 2025. Blue Blends (India) has 49 board changes on record in total.