Blue Sapphire Properties Private Limited

Blue Sapphire Properties Private Limited - real estate and construction in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U45201MH2006PTC164625 Incorporated 15 September 2006 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company real estate and construction MSME · Small
Data last updated
Revenue · FY 2025
₹37.56 Lakh
▲ 796% YoY
Net loss · FY 2025
₹18.3 Lakh
Net margin -48.7%
EBITDA · FY 2025
₹14.34 Lakh
EBITDA margin 38.2%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹70.49 Cr
Secured borrowings
Company age
20 yrs
Est. 2006
Directors on board
2
As per MCA filings

About Blue Sapphire Properties Private Limited

Data last updated:

Blue Sapphire Properties Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 15 September 2006 and has been in existence for over 20 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45201MH2006PTC164625. Its GSTIN is 27AACCB9702F1ZU (Maharashtra). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Hikmat Baliram Udhan and Ajeet Hikmat Udhan.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹37.56 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹18.3 Lakh (net margin -48.7%) and EBITDA of ₹14.34 Lakh (EBITDA margin 38.2%). Revenue has declined at a compounded annual rate (CAGR) of 66% over three years and 51% over five years.

Its group structure includes 2 subsidiaries.

As per MCA filings, the company has open charges of ₹70.49 Cr on record. Court records list 10 cases involving the company, including 4 filed by the company and 6 filed against it; 8 cases are pending.

Blue Sapphire Properties Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0157824). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U45201MH2006PTC164625
Registration Number 164625
Incorporation Date 15 September 2006
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0157824
Key People
Hikmat Baliram Udhan Director Ajeet Hikmat Udhan Director

Recognitions & Rankings of Blue Sapphire Properties

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-18-0157824

Contact details

Blue Sapphire Properties Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    904 Hallmark Business Plaza Sant Dnyaneshwar Marg, Opp. Guru Nanak Hospital, Mumbai, Maharashtra, India – 400051
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers

To see the full contact details of Blue Sapphire Properties Private Limited, buy the company report.

Comprehensive company report
Blue Sapphire Properties 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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Financials of Blue Sapphire Properties Private Limited

FY 2024 filings available

Blue Sapphire Properties Private Limited reported revenue of ₹37.56 Lakh (up 796% YoY) for FY 2025.

Revenue · FY 2025
₹37.56 Lakh ▲ 796%
Net loss · FY 2025
₹18.3 Lakh margin -48.7%
EBITDA · FY 2025
₹14.34 Lakh margin 38.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 796%
3 years · compounded
▼ 66%
5 years · compounded
▼ 51%
EBITDA CAGR growth
1 year
▲ 101%
3 years · compounded
▼ 75%
5 years · compounded
▼ 59%

Revenue rose 796% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 51%. EBITDA rose 101% 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 2024-25FY 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₹14.34 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹18.3 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin38.2%
Net Profit Margin-48.7%
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 Blue Sapphire Properties Private Limited, buy the company report.

Board of directors of Blue Sapphire Properties Private Limited

Blue Sapphire Properties has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Hikmat Baliram Udhan
Also directs: Ajeet Udhan Infrastructure LLP, Udhan Infraway LLP, Hikmat Udhan Private Limited and 3 more
Director10 Oct 20206 Years 0 MonthsCurrent
Ajeet Hikmat Udhan
Also directs: Ajeet Udhan Infrastructure LLP, Udhan Infraway LLP, Hikmat Udhan Private Limited and 5 more
Director21 Aug 20242 Years 2 MonthsCurrent
View all directors

Peer comparison

Blue Sapphire Properties Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
RKS Infrabuild and Homes Private Limited₹37.59 Lakh (FY 2025)90.0%Bhopal, Madhya Pradesh, India
Blue Sapphire Properties Private Limitedthis company₹37.56 Lakh (FY 2025)-₹18.3 Lakh-48.7%796.0%Mumbai, Maharashtra, India
Brevete Holdings Pvt Ltd₹37.55 Lakh (FY 2024)1505.0%Howrah, West Bengal, India
Alps Prime Spaces Private Limited₹37.53 Lakh (FY 2024)-62.0%Hyderabad, Telangana, India
Wits Homes Private Limited₹37.53 Lakh (FY 2024)-3.0%Mohali, Punjab, India

To see the full peer comparison of Blue Sapphire Properties Private Limited, buy the company report.

Auditor

Blue Sapphire Properties Private Limited is audited by SHARMA ANIL AND CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
SHARMA ANIL AND CO.FY 2023146205W

Shareholding

The shareholding of Blue Sapphire Properties Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Blue Sapphire Properties Private Limited, buy the company report.

Charges & borrowings

Open charges
₹70.49 Cr
Satisfied charges
None
Breakdown by lending institutions
State Bank of India₹69.52 Cr
Bank of India₹0.97 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
21 Nov 2025101209698State Bank of India₹19.8 CrOpen
05 Dec 2022100654488Bank of India₹97.2 LakhOpen
25 Mar 2022100561603State Bank of India₹49.72 CrOpen

To see the full charge records of Blue Sapphire Properties Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

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

Group structure & subsidiaries

Blue Sapphire Properties has 2 subsidiary companies and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

2
Subsidiary companies
1
Associated companies
Key subsidiaries
Company NameCINShares held
Blue Sapphire Food Processing Private LimitedU15400MH2020PTC350271
Pearl Gold Breweries & Distilleries Private LimitedU15532MH2007PTC172691

To see the full group structure of Blue Sapphire Properties Private Limited, buy the company report.

GST

Blue Sapphire Properties has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
27AACCB9702F1ZUMaharashtraActive01 Jul 2017
27AACCB9702F2ZTMaharashtraActive27 Sep 2017

To see the full GST registrations and return filing status of Blue Sapphire Properties Private Limited, buy the company report.

Recent activity

Blue Sapphire Properties Private Limited has 8 board changes on record since 2009: 2 appointments and 6 cessations. The latest: Ajeet Hikmat Udhan ceased to be Additional Director on 29 Sep 2024.

Charges
A charge with State Bank Of India amounted to Rs. 1,980.00 Lakh with Charge ID 101209698 was registered on 21 Nov 2025.
AGM
Blue Sapphire Properties Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with State Bank Of India of Rs. 4,972.00 Lakh registered on 25 Mar 2022 with Charge ID 100561603 was modified on 04 Aug 2025.
Ceased
Ajeet Hikmat Udhan ceased to be Additional Director.
Appointed
Ajeet Hikmat Udhan was appointed as Director.
Filing
Blue Sapphire Properties Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Bank Of India amounted to Rs. 97.20 Lakh with Charge ID 100654488 was registered on 05 Dec 2022.
Charges
A charge with State Bank Of India amounted to Rs. 4,972.00 Lakh with Charge ID 100561603 was registered on 25 Mar 2022.
Ceased
Hikmat Baliram Udhan ceased to be Director.
Ceased
Chetan Sundarji Bhanushali ceased to be Director.
Appointed
Hikmat Baliram Udhan was appointed as Director.
Ceased
Maya Hikmat Udhan ceased to be Additional Director.

3 earlier events are in the company report.

Frequently asked questions

Blue Sapphire Properties is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 15 September 2006 (20+ years old) and is registered under CIN U45201MH2006PTC164625.

Blue Sapphire Properties has 2 current directors:

The latest financial statements of Blue Sapphire Properties on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Blue Sapphire Properties is 27AACCB9702F1ZU, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AACCB9702F2ZT (Maharashtra).

The CIN (Corporate Identification Number) of Blue Sapphire Properties is U45201MH2006PTC164625. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Blue Sapphire Properties has 10 court cases on record: 4 filed by the company and 6 filed against it. 8 are pending.

Blue Sapphire Properties was incorporated on 15 September 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Blue Sapphire Properties by revenue are RKS Infrabuild and Homes Private Limited, Brevete Holdings Pvt Ltd, Alps Prime Spaces Private Limited, Wits Homes Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).

Ajeet Hikmat Udhan ceased to be Additional Director on 29 Sep 2024. Ajeet Hikmat Udhan was appointed as Director on 21 Aug 2024. Hikmat Baliram Udhan ceased to be Director on 29 Nov 2021. Blue Sapphire Properties has 8 board changes on record in total.

Yes, Blue Sapphire Properties is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0157824).

The registered office of Blue Sapphire Properties is at 904 Hallmark Business Plaza Sant Dnyaneshwar Marg, Opp. Guru Nanak Hospital, Mumbai, Maharashtra, India – 400051.