
Blue Space Aviation Private Limited
About Blue Space Aviation Private Limited
Data last updated:
Blue Space Aviation Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the air transport services segment of the transport and logistics sector. It was incorporated on 25 April 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U62200MH2011PTC216609. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Uday Bhagwanji Chinai and Bhavik Uday Chinai.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1102 Solitaire Corporate Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹46,652, a growth of 6% compared to the previous year. For the same year it recorded a net loss of ₹21,560 (net margin -46.2%) and EBITDA of -₹8,322 (EBITDA margin -17.8%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 3% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Blue Space Aviation Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressBuilding No.11 Unit No. 1102 Solitaire Corporate Park 167 – Guru Hargovindji Marg Chakala, Andheri E, Mumbai, Maharashtra, India – 400009
- IndustryTransport and Logistics, Air Transport Services
To see the full contact details of Blue Space Aviation 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
Financials of Blue Space Aviation Private Limited
FY 2025 filings availableBlue Space Aviation Private Limited reported revenue of ₹46,652 (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 6% growth in the latest year. EBITDA fell 552% 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 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹8,322 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹21,560 | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -17.8% | ||||
| Net Profit Margin | -46.2% | ||||
| 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 Space Aviation Private Limited, buy the company report.
Board of directors of Blue Space Aviation Private Limited
Blue Space Aviation has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Uday Bhagwanji Chinai Also directs: BVC Brinks Diamond & Jewellery Services LLP, BVC Val Express LLP, B V C Security Transportation Private Limited and 5 more | Director | 25 Apr 2011 | 15 Years 5 Months | Current |
| Bhavik Uday Chinai Also directs: BVC Val Express LLP, Vama Global Private Limited, Whitesoul Enterprises Private Limited and 5 more | Director | 25 Apr 2011 | 15 Years 5 Months | Current |
Peer comparison
Blue Space Aviation Private Limited is compared with the 4 companies closest to it by revenue in the Aviation industry (Air Passenger Services), with the same principal business activity (services incidental to land, water & air transportation), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| KLB Overseas Private Limited | ₹1.39 Lakh (FY 2025) | -30.0% | Kolkata, West Bengal, India | |||
| E-Com Shipping Solutions Private Limited | ₹1.25 Lakh (FY 2025) | -26.0% | New Delhi, Delhi, India | |||
| Blue Space Aviation Private Limitedthis company | ₹46,652 (FY 2025) | -₹21,560 | -46.2% | 6.0% | Mumbai, Maharashtra, India | |
| Jagson Airlines Limited | ₹25,298 (FY 2019) | 15.0% | Himachal Pradesh, India | |||
| Commercial and Business Aviation Services Private Limited | ₹23,314 (FY 2019) | -98.0% | Bengaluru, Karnataka, India |
To see the full peer comparison of Blue Space Aviation Private Limited, buy the company report.
Auditor
Blue Space Aviation Private Limited is audited by R A KUVADIA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R A KUVADIA & CO | FY 2019 | 105487W |
Shareholding
The shareholding of Blue Space Aviation Private 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 Space Aviation Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Blue Space Aviation Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Blue Space Aviation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Blue Space Aviation 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 Space Aviation Private Limited, buy the company report.
Recent activity
Blue Space Aviation Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Bhavik Uday Chinai was appointed as Director on 25 Apr 2011.
Frequently asked questions
Blue Space Aviation is an active private limited company based in Mumbai, Maharashtra, India. The company works in air transport services, within the transport and logistics industry. It was incorporated on 25 April 2011 (15+ years old) and is registered under CIN U62200MH2011PTC216609.
Blue Space Aviation has 2 current directors:
- Uday Bhagwanji Chinai - Director
- Bhavik Uday Chinai - Director
The latest financial statements of Blue Space Aviation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Blue Space Aviation has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Blue Space Aviation is U62200MH2011PTC216609. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Blue Space Aviation was incorporated on 25 April 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Blue Space Aviation by revenue are KLB Overseas Private Limited, E-Com Shipping Solutions Private Limited, Jagson Airlines Limited, Commercial and Business Aviation Services Private Limited, all in the Aviation industry (Air Passenger Services), with the same principal business activity (services incidental to land, water & air transportation).
Bhavik Uday Chinai was appointed as Director on 25 Apr 2011. Uday Bhagwanji Chinai was appointed as Director on 25 Apr 2011.
The registered office of Blue Space Aviation is at Building No.11 Unit No. 1102 Solitaire Corporate Park 167 – Guru Hargovindji Marg Chakala, Andheri E, Mumbai, Maharashtra, India – 400009.
Blue Space Aviation operates in the transport and logistics industry, in the air transport services segment.
The compliance status of Blue Space Aviation is compliant as of 21 September 2026. The company is actively filing with the Registrar of Companies.