About Blue Whale Advisory Services Private Limited
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Blue Whale Advisory Services Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Now.Gg Inc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 24 October 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74140DL2008PTC184503. Its GSTIN is 06AADCB9946N1Z2 (Haryana).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Jay Harshadray Vaishnav and Suman Saraf.
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 D – 170 Saket, New Delhi, Delhi, India – 110017.
As per the financials filed for FY 2025, the company reported a revenue of ₹87.45 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹10.94 Cr (net margin 12.5%) and EBITDA of ₹15.19 Cr (EBITDA margin 17.4%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 13% over five years.
The company has about 150 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: BlueStacks. As per MCA filings, the company has open charges of ₹18.23 Lakh on record. The company has 2 deals on record (2 secondary share transfers); the latest was in March 2019. Its 3 peer companies in the Information Technology industry (Application Development), with the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.) are compared by revenue, 2 larger and 1 smaller; the largest is Multicoreware India Private Limited with revenue of ₹89.73 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bluestacks.com.
Company details
Contact details
Blue Whale Advisory Services Private Limited's registered office is in New Delhi, Delhi. Its website is bluestacks.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressD – 170 Saket, New Delhi, Delhi, India – 110017
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Blue Whale Advisory Services 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
Brands
Blue Whale Advisory Services operates one associated brand: BlueStacks. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of emulator to run Android apps & games on Windows & Mac platforms | bluestacks.com |
Business activity
The main business activity of Blue Whale Advisory Services 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 Whale Advisory Services Private Limited, buy the company report.
Financials of Blue Whale Advisory Services Private Limited
FY 2025 filings availableBlue Whale Advisory Services Private Limited reported revenue of ₹87.45 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 2% 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 | ₹15.19 Cr | ||||
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| Net Profit (PAT) | ₹10.94 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 17.4% | ||||
| Net Profit Margin | 12.5% | ||||
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To see the full financial statements and ratios of Blue Whale Advisory Services Private Limited, buy the company report.
Board of directors of Blue Whale Advisory Services Private Limited
Blue Whale Advisory Services has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jay Harshadray Vaishnav | Director | 17 Apr 2018 | 8 Years 6 Months | Current |
| Suman Saraf Also directs: Airtap AI India Private Limited | Director | 10 Feb 2011 | 15 Years 9 Months | Current |
| Stephen Delanor Johnston | Director | 28 Feb 2025 | 1 Years 8 Months | Current |
Peer comparison
Blue Whale Advisory Services Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Application Development), with 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 |
|---|---|---|---|---|---|---|
| Multicoreware India Private Limited | ₹89.73 Cr (FY 2025) | 16.0% | Chennai, Tamil Nadu, India | |||
| Gravitas Technology Private Limited | ₹88.66 Cr (FY 2023) | 38.0% | Ahmedabad, Gujarat, India | |||
| Blue Whale Advisory Services Private Limitedthis company | ₹87.45 Cr (FY 2025) | ₹10.94 Cr | 12.5% | -1.0% | 150 | New Delhi, Delhi, India |
| Basware India Private Limited | ₹86.67 Cr (FY 2025) | 1.0% | Chandigarh, India |
To see the full peer comparison of Blue Whale Advisory Services Private Limited, buy the company report.
Auditor
Blue Whale Advisory Services Private Limited is audited by BANSAL & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BANSAL & CO LLP | FY 2023 | 001113N/N500079 |
Shareholding
The shareholding of Blue Whale Advisory Services 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) | |||||
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| Others |
To see the full shareholding pattern of Blue Whale Advisory Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Dec 2024 | 101010561 | Others | ₹18.23 Lakh | Open |
Total charge records: 1 View all charges
Deals & funding
Blue Whale Advisory Services Private Limited has 2 deals on record (2 secondary share transfers); the latest was in March 2019.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Bluestack Systems Inc, an individual Seller: 2 individuals |
| Oct 2010 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Blue Whale Advisory Services 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 Whale Advisory Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Blue Whale Advisory Services Private Limited has a workforce of 150 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 150 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Blue Whale Advisory Services Private Limited, buy the company report.
GST
Blue Whale Advisory Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AADCB9946N1Z2 | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Blue Whale Advisory Services Private Limited, buy the company report.
Recent activity
Blue Whale Advisory Services Private Limited has 9 board changes on record since 2010: 3 appointments and 6 cessations. The latest: Stephen Delanor Johnston was appointed as Director on 28 Feb 2025.
1 earlier event is in the company report.
News
Frequently asked questions
Blue Whale Advisory Services is an active private limited company based in New Delhi, Delhi, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 24 October 2008 (18+ years old) and is registered under CIN U74140DL2008PTC184503.
Blue Whale Advisory Services has 3 current directors:
- Jay Harshadray Vaishnav - Director
- Suman Saraf - Director
- Stephen Delanor Johnston - Director
The latest financial statements of Blue Whale Advisory Services 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.
The GSTIN of Blue Whale Advisory Services is 06AADCB9946N1Z2, registered in Haryana.
The CIN (Corporate Identification Number) of Blue Whale Advisory Services is U74140DL2008PTC184503. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Blue Whale Advisory Services was incorporated on 24 October 2008, making it 18+ years old. It is registered with the Registrar of Companies, Delhi.
Blue Whale Advisory Services has 2 deals on record (2 secondary share transfers); the latest was in March 2019.
The peers of Blue Whale Advisory Services by revenue are Multicoreware India Private Limited, Gravitas Technology Private Limited, Basware India Private Limited, all in the Information Technology industry (Application Development), with the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Stephen Delanor Johnston was appointed as Director on 28 Feb 2025. Jay Harshadray Vaishnav ceased to be Additional Director on 01 Oct 2019. Ambreesh Bangur ceased to be Additional Director on 15 Dec 2018. Blue Whale Advisory Services has 9 board changes on record in total.
Blue Whale Advisory Services can be reached through the website bluestacks.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Blue Whale Advisory Services is at D – 170 Saket, New Delhi, Delhi, India – 110017.
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