About Blue Steel Engineers Private Limited
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Blue Steel Engineers Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Imaginarium ( India ) Private Limited. It operates in the industrial testing and measurement equipment segment of the machinery and industrial equipment sector. It was incorporated on 15 June 1968 and has been in existence for over 58 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29100MH1968PTC014032. Its GSTIN is 27AAACB2866Q2Z5 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹5.07 Lakh. It is led by directors Manish Vijaykumar Mehta and Hitesh Vijaykumar Mehta.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Blue Steel Housed – 12 MIDC Marol Andheri (East), Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.81 Lakh, a growth of 70% compared to the previous year. For the same year it recorded a net loss of ₹28.29 Lakh (net margin -94.9%) and EBITDA of -₹26.76 Lakh (EBITDA margin -89.8%). Revenue has grown at a compounded annual rate (CAGR) of 430% over five years.
As per MCA filings, the company has open charges of ₹89 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website newbseinstruments.com.
Company details
CIN history
Blue Steel Engineers has one previous CIN (Corporate Identification Number): U33111MH1968PTC014032. The current CIN is U29100MH1968PTC014032, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29100MH1968PTC014032 | Current |
| U33111MH1968PTC014032 | Previous |
Contact details
Blue Steel Engineers Private Limited's registered office is in Mumbai, Maharashtra. Its website is newbseinstruments.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBlue Steel Housed – 12 MIDC Marol Andheri (East), Mumbai, Maharashtra, India – 400093
- IndustryMachinery and Equipment, Industrial Testing & Measurement Equipment
To see the full contact details of Blue Steel Engineers 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 Steel Engineers Private Limited
FY 2024 filings availableBlue Steel Engineers Private Limited reported revenue of ₹29.81 Lakh (up 70% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 430% over five years, including 70% growth in the latest year. EBITDA rose 18% 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 |
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| EBITDA | -₹26.76 Lakh | ||||
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| Net Profit (PAT) | -₹28.29 Lakh | ||||
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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 | -89.8% | ||||
| Net Profit Margin | -94.9% | ||||
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To see the full financial statements and ratios of Blue Steel Engineers Private Limited, buy the company report.
Board of directors of Blue Steel Engineers Private Limited
Blue Steel Engineers has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Vijaykumar Mehta | Director | 19 Jul 2017 | 9 Years 3 Months | Current |
| Hitesh Vijaykumar Mehta | Director | 19 Jul 2017 | 9 Years 3 Months | Current |
Peer comparison
Blue Steel Engineers Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Steel, Testing Equipment), with the same principal business activity (computer, electronic, communication and scientific measuring & control equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Blue Steel Engineers Private Limitedthis company | ₹29.81 Lakh (FY 2025) | -₹28.29 Lakh | -94.9% | 70.0% | Mumbai, Maharashtra, India | |
| Buffindia Receptacles Private Limited | ₹29.81 Lakh (FY 2024) | 1756.0% | Mehsana, Gujarat, India | |||
| Avinash Ispat Private Limited | ₹29.74 Lakh (FY 2025) | 992.0% | Raipur, Chhattisgarh, India | |||
| Granatic Infra Private Limited | ₹29.64 Lakh (FY 2025) | 230.0% | Nagpur, Maharashtra, India |
To see the full peer comparison of Blue Steel Engineers Private Limited, buy the company report.
Auditor
Blue Steel Engineers Private Limited is audited by V.A.PARIKH & ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.A.PARIKH & ASSOCIATES LLP | FY 2023 | 121674 |
Shareholding
The shareholding of Blue Steel Engineers 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Blue Steel Engineers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Nov 2023 | 100821130 | Axis Bank Limited | ₹64 Cr | Open | |
| 28 Aug 2023 | 100783971 | Axis Bank Limited | ₹25 Cr | Open |
To see the full charge records of Blue Steel Engineers Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Blue Steel Engineers Private Limited has 1 court case on record: 1 filed by Blue Steel Engineers. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Blue Steel Engineers 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 Steel Engineers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Blue Steel Engineers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACB2866Q2Z5 | Maharashtra | Active | 08 Jan 2020 |
To see the full GST registrations and return filing status of Blue Steel Engineers Private Limited, buy the company report.
Recent activity
Blue Steel Engineers Private Limited has 8 board changes on record since 1968: 5 appointments and 3 cessations. The latest: Gridhari Balram Radhakrishnani ceased to be Director on 19 Jul 2017.
2 earlier events are in the company report.
Frequently asked questions
Blue Steel Engineers is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial testing and measurement equipment, within the machinery and equipment industry. It was incorporated on 15 June 1968 (58+ years old) and is registered under CIN U29100MH1968PTC014032.
Blue Steel Engineers has 2 current directors:
- Manish Vijaykumar Mehta - Director
- Hitesh Vijaykumar Mehta - Director
The latest financial statements of Blue Steel Engineers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Blue Steel Engineers is 27AAACB2866Q2Z5, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Blue Steel Engineers is U29100MH1968PTC014032. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Blue Steel Engineers has 1 court case on record: 1 filed by the company.
Blue Steel Engineers was incorporated on 15 June 1968, making it 58+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Blue Steel Engineers by revenue are Buffindia Receptacles Private Limited, Avinash Ispat Private Limited, Granatic Infra Private Limited, all in the Machinery and Equipment industry (Steel, Testing Equipment), with the same principal business activity (computer, electronic, communication and scientific measuring & control equipment).
Gridhari Balram Radhakrishnani ceased to be Director on 19 Jul 2017. Hitesh Vijaykumar Mehta was appointed as Director on 19 Jul 2017. Manish Vijaykumar Mehta was appointed as Director on 19 Jul 2017. Blue Steel Engineers has 8 board changes on record in total.
Blue Steel Engineers can be reached through the website newbseinstruments.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Blue Steel Engineers is at Blue Steel Housed – 12 MIDC Marol Andheri East, Mumbai, Maharashtra, India – 400093.
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