About Blue Blends (India) Limited
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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 47 cases involving the company, including 18 filed by the company and 29 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.
Company details
Contact details
Blue Blends (India) Limited's registered office is in Mumbai, Maharashtra. Its website is blueblends.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressJbf House 2nd Floor Old Post Office Lane Kalbadevi Road, Mumbai, Maharashtra, India – 400002
- IndustryFashion and Textile, Denim & Casual Wear
To see the full contact details of Blue Blends (India) Limited, buy the company report.
- 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
Business activity
The main business activity of Blue Blends (India) is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Blue Blends (India) Limited, buy the company report.
Financials of Blue Blends (India) Limited
FY 2025 filings availableBlue Blends (India) Limited reported revenue of ₹5.46 Cr (down 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| 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 | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| 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 | |||||
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| 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 Blue Blends (India) Limited, buy the company report.
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 3 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 6 Months | Current |
Peer comparison
Blue Blends (India) Limited is compared with the 7 companies closest to it by revenue in the Apparel industry (Denim Wear), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| 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 | |||
| Blue Blends (India) Limitedthis company | ₹5.46 Cr (FY 2025) | -₹74.41 Lakh | -13.6% | -10.0% | Mumbai, Maharashtra, India | |
| Miracle Lifestyle Limited | ₹4.65 Cr (FY 2025) | -29.0% | Mumbai, Maharashtra, India | |||
| Satyosham Industries Private Limited | ₹2.34 Cr (FY 2024) | 227.0% | New Delhi, Delhi, India | |||
| Necked Jeans Private Limited | ₹1.18 Cr (FY 2025) | -11.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Blue Blends (India) Limited, buy the company report.
Auditor
Blue Blends (India) Limited is audited by J M T & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J M T & ASSOCIATES | FY 2019 | 104167W |
Shareholding
The shareholding of Blue Blends (India) Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Blue Blends (India) Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Sep 2019 | 100295363 | Others | ₹39.08 Cr | Satisfied | |
| 30 Jan 2017 | 100083093 | Idbi Trusteeship Services Limited | ₹48 Cr | Satisfied | |
| 07 Apr 2014 | 10496420 | Il & Fs Trust Company Limited | ₹43 Cr | Satisfied | |
| 04 Apr 1999 | 90240570 | Icici Ltd. | ₹1 Cr | Satisfied | |
| 16 Mar 1998 | 90240451 | Edelweiss Asset Reconstruction Company Limited | ₹5 Cr | Satisfied |
To see the full charge records of Blue Blends (India) Limited, buy the company report.
Total charge records: 58 View all charges
Legal cases
Blue Blends (India) Limited has 47 court cases on record: 18 filed by Blue Blends (India), 29 filed against it. 11 cases are pending and 36 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 42 | 25 | 11 |
| High courts | 4 | 3 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 47)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Acme Cotsyn Private Ltd.-Rahul J. Shah | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Ub Stainless Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by BST Textile Mills Pvt Ltd | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Veeraj International LLP | Pending |
| District court, Kanpur Nagar, Uttar Pradesh | Court case (Complaint Cases) | Filed against the company by Vijay Infosys Pvt. Ltd. | Pending |
To see the full case history of Blue Blends (India) Limited, buy the company report.
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.
Credit ratings & regulatory alerts
Blue Blends (India) Limited was last rated by Brickwork on 26 Apr 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 26 Apr 2021 |
To see the full credit ratings and regulatory alerts of Blue Blends (India) Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Blue Blends (India) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
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 |
To see the full group structure of Blue Blends (India) Limited, buy the company report.
GST
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 |
To see the full GST registrations and return filing status of Blue Blends (India) Limited, buy the company report.
Recent activity
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 in the company report.
Frequently asked questions
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) 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
The latest financial statements of Blue Blends (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2019. Year-wise statements from 2015 are in the company report.
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 47 court cases on record: 18 filed by the company and 29 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, Miracle Lifestyle Limited and 2 more, all in the Apparel industry (Denim Wear), with the same principal business activity (textile, leather and other apparel products).
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.
Blue Blends (India) can be reached through the website blueblends.com. Its registered office is in Mumbai, Maharashtra, India.