Blue Line Finance Private Limited
About Blue Line Finance Private Limited
Data last updated:
Blue Line Finance Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 31 August 1971 and has been in existence for over 55 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1971PTC005774. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹15.5 Lakh. It is led by directors Shubham and Shridhar Bharat Harawade.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 84 2nd Floor, New Delhi, Delhi, India – 110002.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.48 Lakh, a decline of 80% compared to the previous year. For the same year it recorded a net loss of ₹59.92 Lakh and EBITDA of -₹59.92 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 34% over three years and 60% over five years.
As per MCA filings, the company has open charges of ₹185.07 Cr on record. Court records list 7 cases involving the company, including 1 filed by the company and 6 filed against it. The company has 9 deals on record (6 secondary share transfers, 2 debt financings, 1 funding round), with disclosed funding of ₹45.85 Cr; the latest was in November 2017. Its 4 peer companies in the BFSI industry (Finance, Large NBFC, Mid Sized Non Deposit NBFC), with the same principal business activity (other financial activities) are compared by revenue, 2 larger and 2 smaller; the largest is Bothra Finance (Madras) Private Limited with revenue of ₹3.51 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Blue Line Finance Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered Address84 2nd Floor, New Delhi, Delhi, India – 110002
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
To see the full contact details of Blue Line Finance Private 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 Line Finance is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Blue Line Finance Private Limited, buy the company report.
Financials of Blue Line Finance Private Limited
FY 2025 filings availableBlue Line Finance Private Limited reported revenue of ₹3.48 Lakh (down 80% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 60% over five years, including a 80% fall in the latest year. EBITDA fell 242% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹59.92 Lakh | ||||
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| Net Profit (PAT) | -₹59.92 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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To see the full financial statements and ratios of Blue Line Finance Private Limited, buy the company report.
Board of directors of Blue Line Finance Private Limited
Blue Line Finance has 2 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shubham Also directs: Amar Packagings Private Limited | Director | 30 Nov 2021 | 4 Years 11 Months | Current |
| Shridhar Bharat Harawade | Director | 19 Aug 2023 | 3 Years 2 Months | Current |
Peer comparison
Blue Line Finance Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Finance, Large NBFC, Mid Sized Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bothra Finance (Madras) Private Limited | ₹3.51 Lakh (FY 2017) | 0.0% | Sowcarpet, Tamil Nadu, India | |||
| Smily Leasing and Finance India Ltd | ₹3.48 Lakh (FY 2025) | -2.0% | Punjab, India | |||
| Blue Line Finance Private Limitedthis company | ₹3.48 Lakh (FY 2024) | -₹59.92 Lakh | -80.0% | New Delhi, Delhi, India | ||
| Raj Securities Limited | ₹3.47 Lakh (FY 2021) | 14.0% | Kolkata, West Bengal, India | |||
| Tirupati Financial Services Ltd. | ₹3.46 Lakh (FY 2025) | -10.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Blue Line Finance Private Limited, buy the company report.
Auditor
Blue Line Finance Private Limited is audited by DIPAN PATEL AND ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DIPAN PATEL AND ASSOCIATES | FY 2021 | 122832W |
Shareholding
The shareholding of Blue Line Finance Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | 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 Line Finance Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Sep 2012 | 10378236 | Religare Finvest Limited | ₹185 Cr | Open | |
| 10 Dec 1984 | 90031875 | Canara Bank | ₹5 Lakh | Open | |
| 24 Mar 1972 | 90031515 | Punjab & Sind Bank | ₹2 Lakh | Open |
To see the full charge records of Blue Line Finance Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Blue Line Finance Private Limited has 9 deals on record (6 secondary share transfers, 2 debt financings, 1 funding round), with disclosed funding of ₹45.85 Cr; the latest was in November 2017.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2017 | Debt financing | ₹14.85 Cr | Investors: Torus Buildcon Private Limited |
| Apr 2017 | Debt financing | ₹30 Cr | Investors: Modland Wears Private Limited |
| Mar 2012 | Funding round | ₹1 Cr | Investors: an individual |
| Aug 2009 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| May 2009 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
To see the full deal history of Blue Line Finance Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Blue Line Finance Private Limited has 7 court cases on record: 1 filed by Blue Line Finance, 6 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 4 | 0 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (CRL.M.C.) | Filed against the company by an individual | Disposed |
| High Court of Delhi | Court case (CRL.M.C.) | Filed against the company by an individual | Disposed |
| District court, Central, Delhi | Court case (LC) | Filed against the company by an individual | Disposed |
| District court, Central, Delhi | Revision petition | Filed against the company by an individual | Disposed |
| District court, Central, Delhi | Court case (T.P. CRL) | Filed against the company by an individual | Disposed |
To see the full case history of Blue Line Finance Private 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Blue Line Finance Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Blue Line Finance has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Blue Line Finance Private Limited, buy the company report.
Recent activity
Blue Line Finance Private Limited has 16 board changes on record since 2008: 2 appointments and 14 cessations. The latest: Shridhar Bharat Harawade ceased to be Additional Director on 28 Sep 2023.
12 earlier events are in the company report.
Frequently asked questions
Blue Line Finance is an active private limited company based in New Delhi, Delhi, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 31 August 1971 (55+ years old) and is registered under CIN U74899DL1971PTC005774.
Blue Line Finance has 2 current directors:
- Shubham - Director
- Shridhar Bharat Harawade - Director
The latest financial statements of Blue Line Finance on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
No. Blue Line Finance has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Blue Line Finance is U74899DL1971PTC005774. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Blue Line Finance has 7 court cases on record: 1 filed by the company and 6 filed against it. Most are in the district courts.
Blue Line Finance was incorporated on 31 August 1971, making it 55+ years old. It is registered with the Registrar of Companies, Delhi.
Blue Line Finance has 9 deals on record (6 secondary share transfers, 2 debt financings, 1 funding round), with disclosed funding of ₹45.85 Cr; the latest was in November 2017.
The peers of Blue Line Finance by revenue are Bothra Finance (Madras) Private Limited, Smily Leasing and Finance India Ltd, Raj Securities Limited, Tirupati Financial Services Ltd, all in the BFSI industry (Finance, Large NBFC, Mid Sized Non Deposit NBFC), with the same principal business activity (other financial activities).
Shridhar Bharat Harawade ceased to be Additional Director on 28 Sep 2023. Shridhar Bharat Harawade was appointed as Director on 19 Aug 2023. Shubham was appointed as Director on 30 Nov 2021. Blue Line Finance has 16 board changes on record in total.
The registered office of Blue Line Finance is at 84 2nd Floor, New Delhi, Delhi, India – 110002.
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