About Blue Star Infotech Limited
Data last updated:
Blue Star Infotech Limited was a public limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 04 September 1997.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN L72200MH1997PLC110459. The company has 4 GST registrations on record, none of which is active. It is a listed company.
The company had an authorised share capital of ₹20 Cr and a paid-up capital of ₹10.8 Cr. It was led by directors including Suneel Mohan Advani (Managing Director) and Naresh Somdatt Malhotra.
Its last annual general meeting (AGM) was held on 21 July 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office was at 8th Floor The Great Oasis Plot No D – 13 MIDC Andheri (East), Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2015, the company reported a revenue of ₹144.15 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹18.16 Cr (net margin 12.6%) and EBITDA of ₹24.11 Cr (EBITDA margin 16.7%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years.
As per MCA filings, the company had satisfied charges of ₹48.22 Cr on record. Court records list 29 cases involving the company, including 17 filed by the company and 12 filed against it; 3 cases are pending. The company has 4 deals on record (2 acquisitions, 2 market trades); the latest was in September 2015.
The last known website on record is bsil.com.
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- Registered Address8th Floor The Great Oasis Plot No D – 13 MIDC Andheri (East), Mumbai, Maharashtra, India – 400093
- IndustryFinancial Services, Diversified Financial Services
- 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
Financials of Blue Star Infotech Limited FY 2015 filings available
Blue Star Infotech Limited reported revenue of ₹144.15 Cr (down 2% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR) of Blue Star Infotech Limited
Revenue fell 2% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 26%. EBITDA rose 19% 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 of Blue Star Infotech Limited
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | •••• |
| Other Income | •••• |
| Total Revenue | ₹144.15 Cr |
| Cost of Materials Consumed | •••• |
| Employee Benefit Expense | •••• |
| Finance Costs | •••• |
| Depreciation and Amortisation | •••• |
| Other Expenses | •••• |
| Total Expenses | •••• |
| EBITDA | ₹24.11 Cr |
| Profit Before Tax | •••• |
| Tax Expense | •••• |
| Net Profit (PAT) | ₹18.16 Cr |
| 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 Star Infotech Limited
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 16.7% |
| Net Profit Margin | 12.6% |
| 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 Star Infotech 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.
Board of Directors and KMP of Blue Star Infotech Limited
Blue Star Infotech Limited currently reports 8 directors and 1 key managerial person. 2 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naresh Somdatt Malhotra | Director | 22 Jan 2003 | 23 Years 8 Months | As last reported |
| Sudarshan Venkataramanan Also directs: Dream India Realty and Infrastructure Private Limited | Cfo | 27 Jan 2016 | 10 Years 8 Months | As last reported |
| Suneel Mohan Advani Also directs: J. T. Advani Advisory Private Limited | Managing Director | 18 Aug 1998 | 28 Years 2 Months | As last reported |
| Suresh Narsappa Talwar Also directs: True North Fund V LLP, True North Fund VI LLP, True North Fund Trusteeship Private Limited and 2 more | Director | 21 Jan 2000 | 26 Years 8 Months | As last reported |
| Prakash Hebalkar Gurunath | Director | 21 Jan 2000 | 26 Years 8 Months | As last reported |
| Sanjay Nanik Vaswani | Director | 21 Jan 2000 | 26 Years 8 Months | As last reported |
Auditor Details of Blue Star Infotech Limited
Blue Star Infotech Limited is audited by Walker Chandiok & Co LLP for the financial year 2015.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Walker Chandiok & Co LLP | 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.
Ownership and Shareholding of Blue Star Infotech 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 Star Infotech Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Dec 2013 | Kotak Mahindra Bank Limited | ₹25 Cr | Satisfied |
| 22 Nov 2013 | Icici Bank Limited | ₹5 Cr | Satisfied |
| 08 Dec 2010 | Icici Bank Limited | ₹10 Cr | Satisfied |
| 30 Mar 2005 | Icici Bank | ₹6.5 Lakh | Satisfied |
| 05 Jul 2002 | Abn Amro Bank N.V | ₹8.15 Cr | Satisfied |
Total charge records: 5 View all charges
Deals & Funding of Blue Star Infotech Limited
Blue Star Infotech Limited has 4 deals on record (2 acquisitions, 2 market trades); the latest was in September 2015.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2015 | Acquisition | ₹181 Cr | Buyer: Tenarai Technologies Private Limited |
| Sep 2015 | Acquisition | Undisclosed | Buyer: Blue Star Limited |
| Jul 2015 | Market trade | ₹1.39 Cr | Buyer: Gkn Securities Seller: Gkn Securities |
| Dec 2005 | Market trade | ₹1.42 Cr | Buyer: an individual Seller: an individual |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Blue Star Infotech Limited
Blue Star Infotech Limited has 29 court cases on record: 17 filed by Blue Star Infotech, 12 filed against it. 3 cases are pending and 26 are disposed. Status as checked between 28 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 27 | 10 | 3 |
| District courts | 2 | 2 | 0 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by PR Commissioner of Income Tax 1 | Pending |
| Bombay High Court | Court case (OLR) | Filed against the company by Official Liquidator High Court Bombay | Pending |
| Bombay High Court | Tax appeal | Filed against the company by PR. Commissioner of Income Tax-9 | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by PR. Commissioner of Income Tax - 1 | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by PR. Commissioner of Income Tax 1 | Disposed |
Full case history
All 29 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 Star Infotech Limited
Blue Star Infotech Limited has a workforce of 0 employees as of Apr 12, 2024.
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.
Recent Activity on Blue Star Infotech Limited
Blue Star Infotech Limited has 13 board changes on record since 1998: 11 appointments and 2 cessations. The latest: Aloke Kumar Ghosh ceased to be CFO on 27 Jan 2016.
15 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Blue Star Infotech 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 Star Infotech 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 Star Infotech 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 Star Infotech Limited
Blue Star Infotech has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
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 Star Infotech 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 Star Infotech Limited
Blue Star Infotech has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Blue Star Infotech was a public limited company based in Mumbai, Maharashtra, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 04 September 1997 and is registered under CIN L72200MH1997PLC110459. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Blue Star Infotech was incorporated on 04 September 1997. It is registered with the Registrar of Companies, Mumbai.
Blue Star Infotech had 9 directors and KMP:
- Suneel Mohan Advani - Managing Director
- Naresh Somdatt Malhotra - Director
- Suresh Narsappa Talwar - Director
- Prakash Hebalkar Gurunath - Director
- Sanjay Nanik Vaswani - Director
- Kalpana Trivedi - Director
- Ashok Mohan Advani - Director
- Theyyunni Kozhikode Puthenveetil Kutty - Director
- Sudarshan Venkataramanan - Cfo
The CIN (Corporate Identification Number) of Blue Star Infotech is L72200MH1997PLC110459. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes, Blue Star Infotech is a listed company.
The registered office of Blue Star Infotech is at 8th Floor The Great Oasis Plot No D – 13 MIDC Andheri East, Mumbai, Maharashtra, India – 400093.
Blue Star Infotech can be reached through the website bsil.com. Its registered office is in Mumbai, Maharashtra, India.
Blue Star Infotech reported revenue of ₹144.15 Cr for FY 2015 (down 2% YoY).
Blue Star Infotech has an authorised share capital of ₹20 Cr and a paid-up capital of ₹10.8 Cr.