DPIIT recognised startup Government of India
Startup India
Blue Tie Global Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2019
₹29,912
▲ 660% YoY
Net loss · FY 2019
₹7.33 Cr
Latest filing
EBITDA · FY 2019
-₹6.38 Cr
Latest filing
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.43 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Employees · EPFO
19
Provident fund records
Directors on board
4
As per MCA filings
About Blue Tie Global Private Limited
Data last updated:
Blue Tie Global Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the web design and maintenance services segment of the technology and IT services sector. It was incorporated on 17 January 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017PTC289639. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.43 Lakh. It is led by directors including Kunal Ashokrao Garud and Kalyan Ashokrao Garud.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Plot No. D – 5 Road No. 20 Marol MIDC Andheri East, Mumbai, Maharashtra, India – 400069.
As per the financials filed for FY 2019, the company reported a revenue of ₹29,912, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹7.33 Cr and EBITDA of -₹6.38 Cr.
The company has about 19 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bluetieglobal.com.
Company details
CIN U74999MH2017PTC289639
Registration Number 289639
Incorporation Date 17 January 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Key People
Kunal Ashokrao Garud Director Kalyan Ashokrao Garud Director Lalit Trayambakrao Deshmukh Director Recognitions & Rankings of Blue Tie Global
Contact details
Blue Tie Global Private Limited's registered office is in Mumbai, Maharashtra. Its website is bluetieglobal.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressPlot No. D – 5 Road No. 20 Marol MIDC Andheri East, Mumbai, Maharashtra, India – 400069
- IndustryInformation Technology, Web Design & Maintenance Services
To see the full contact details of Blue Tie Global Private Limited, buy the company report.
Comprehensive company report
Blue Tie Global 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Blue Tie Global is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Blue Tie Global Private Limited, buy the company report.
Financials of Blue Tie Global Private Limited
FY 2019 filings availableBlue Tie Global Private Limited reported revenue of ₹29,912 (up 660% YoY) for FY 2019.
Revenue · FY 2019
₹29,912 ▲ 660%
Net loss · FY 2019
₹7.33 Cr
EBITDA · FY 2019
-₹6.38 Cr
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 660%
Revenue rose 660% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹29,912 | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹6.38 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹7.33 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | |||
| Net Profit Margin | |||
| 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 Tie Global Private Limited, buy the company report.
Board of directors of Blue Tie Global Private Limited
Blue Tie Global has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kunal Ashokrao Garud | Director | 17 Jan 2017 | 9 Years 9 Months | Current |
| Kalyan Ashokrao Garud | Director | 17 Jan 2017 | 9 Years 9 Months | Current |
| Lalit Trayambakrao Deshmukh | Director | 18 Dec 2018 | 7 Years 10 Months | Current |
| Vibhav Vishwas Shetye | Director | 18 Dec 2018 | 7 Years 10 Months | Current |
Peer comparison
Blue Tie Global Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| MDV Softech Private Limited | ₹30,000 (FY 2019) | Delhi, India | ||||
| Socratic Generation Private Limited | ₹30,000 (FY 2020) | Palwal, Haryana, India | ||||
| Unicodnet Media (OPC) Private Limited | ₹30,000 (FY 2025) | -91.0% | Ludhiana, Punjab, India | |||
| Spursona Private Limited | ₹30,000 (FY 2025) | -83.0% | Aligarh, Uttar Pradesh, India | |||
| Asic Technologies Private Limited | ₹30,000 (FY 2024) | Bangalore, Karnataka, India | ||||
| Blue Tie Global Private Limitedthis company | ₹29,912 (FY 2019) | -₹7.33 Cr | 660.0% | 19 | Mumbai, Maharashtra, India | |
| Highpatchers Private Limited | ₹29,800 (FY 2025) | -30.0% | Varanasi, Uttar Pradesh, India | |||
| Rosan Heritage Private Limited | ₹29,800 (FY 2020) | Pune, Maharashtra, India | ||||
| Clikon Technologies Private Limited | ₹29,530 (FY 2024) | 10.0% | Hapur, Uttar Pradesh, India | |||
| Edushire Technologies Private Limited | ₹29,298 (FY 2024) | -64.0% | Bangalore, Karnataka, India | |||
| Data Ready Products India Private Limited | ₹29,254 (FY 2022) | 80.0% | Secunderabad, Telangana, India |
To see the full peer comparison of Blue Tie Global Private Limited, buy the company report.
Auditor
Blue Tie Global Private Limited is audited by NPRA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NPRA & ASSOCIATES | FY 2019 | 024200N |
Shareholding
The shareholding of Blue Tie Global 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 2018 | FY 2017 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Blue Tie Global Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Blue Tie Global 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 Tie Global Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Blue Tie Global Private Limited has a workforce of 19 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
19
Active EPFO establishments
1
Employee growth
171.43%
GST
Blue Tie Global has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
Total GSTINs
2
Cancelled / inactive
2
To see the full GST registrations and return filing status of Blue Tie Global Private Limited, buy the company report.
Recent activity
Blue Tie Global Private Limited has 6 board changes on record since 2017: 4 appointments and 2 cessations. The latest: Lalit Trayambakrao Deshmukh ceased to be Additional Director on 30 Sep 2019.
AGM
Blue Tie Global Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Ceased
Lalit Trayambakrao Deshmukh ceased to be Additional Director.
Ceased
Vibhav Vishwas Shetye ceased to be Additional Director.
Filing
Blue Tie Global Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai.
Appointed
Lalit Trayambakrao Deshmukh was appointed as Director.
Appointed
Vibhav Vishwas Shetye was appointed as Director.
Appointed
Kalyan Ashokrao Garud was appointed as Director.
Appointed
Kunal Ashokrao Garud was appointed as Director.
Incorporation
17 Jan 2017
Blue Tie Global Private Limited was registered on 17 Jan 2017 with Roc Mumbai & aged 9 years 9 months as per MCA records.
News
Frequently asked questions
Blue Tie Global is an active private limited company based in Mumbai, Maharashtra, India. The company works in web design and maintenance services, within the information technology industry. It was incorporated on 17 January 2017 (9+ years old) and is registered under CIN U74999MH2017PTC289639.
Blue Tie Global has 4 current directors:
- Kunal Ashokrao Garud - Director
- Kalyan Ashokrao Garud - Director
- Lalit Trayambakrao Deshmukh - Director
- Vibhav Vishwas Shetye - Director
The latest financial statements of Blue Tie Global on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2017 are in the company report.
No. Blue Tie Global has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Blue Tie Global is U74999MH2017PTC289639. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Blue Tie Global was incorporated on 17 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Blue Tie Global by revenue are MDV Softech Private Limited, Socratic Generation Private Limited, Unicodnet Media (OPC) Private Limited, Spursona Private Limited, Asic Technologies Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Lalit Trayambakrao Deshmukh ceased to be Additional Director on 30 Sep 2019. Vibhav Vishwas Shetye ceased to be Additional Director on 30 Sep 2019. Lalit Trayambakrao Deshmukh was appointed as Director on 18 Dec 2018. Blue Tie Global has 6 board changes on record in total.
Yes, Blue Tie Global is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Blue Tie Global can be reached through the website bluetieglobal.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Blue Tie Global is at Plot No. D – 5 Road No. 20 Marol MIDC Andheri East, Mumbai, Maharashtra, India – 400069.