About Blueair India Private Limited
Data last updated:
Blueair India Private Limited is a foreign private limited company based in New Delhi, Delhi, India, a subsidiary of Blueair Ab. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 07 November 2014.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51909DL2014FTC272975. Its GSTIN is 07AAGCB0890A2Z2 (Delhi). The company holds 5 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹40 Cr and a paid-up capital of ₹16.8 Cr. It is led by directors including Anagha Srinivas Rao Anasingaraju (Irp/Rp/Liquidator) and Vijay Mukund Limaye.
Its last annual general meeting (AGM) was held on 30 November 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at S – 327 Greater Kailash – II, New Delhi, Delhi, India – 110048.
As per the financials filed for FY 2023, the company reported a revenue of ₹15.98 Lakh, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹45.96 Lakh (net margin -287.5%) and EBITDA of -₹45 Lakh (EBITDA margin -281.5%). Revenue has declined at a compounded annual rate (CAGR) of 74% over three years and 61% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Blueair. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it. The company has 4 deals on record (2 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹5 Cr; the latest was in October 2020.
The last known website on record is blueair.com.
Company details
Contact details
Blueair India Private Limited's registered office is in New Delhi, Delhi. Its website is blueair.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressS – 327 Greater Kailash – II, New Delhi, Delhi, India – 110048
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
To see the full contact details of Blueair India 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
Blueair India operates one associated brand: Blueair. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Smart air purifiers are offered via an internet-first brand model. | blueair.com |
Business activity
The main business activity of Blueair India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Blueair India Private Limited, buy the company report.
Financials of Blueair India Private Limited
FY 2023 filings availableBlueair India Private Limited reported revenue of ₹15.98 Lakh (down 100% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 61% over five years. EBITDA fell 101% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹15.98 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹45 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹45.96 Lakh | ||||
| 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -281.5% | ||||
| Net Profit Margin | -287.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Blueair India Private Limited, buy the company report.
Board of directors of Blueair India Private Limited
Blueair India has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Mukund Limaye | Additional Director | 22 Feb 2024 | 2 Years 8 Months | As last reported |
| Shweta Nilesh Joshi Also directs: William Hill Technology Services Private Limited | Additional Director | 22 Feb 2024 | 2 Years 8 Months | As last reported |
| Anagha Srinivas Rao Anasingaraju | Irp/Rp/Liquidator | 08 May 2024 | 2 Years 6 Months | As last reported |
Auditor
Blueair India Private Limited is audited by Jhalani & Co. Chartered Accountants for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Jhalani & Co. Chartered Accountants | FY 2023 | 003675N |
Shareholding
The shareholding of Blueair India 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 Blueair India Private Limited, buy the company report.
Deals & funding
Blueair India Private Limited has 4 deals on record (2 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹5 Cr; the latest was in October 2020.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2020 | Rights issue | ₹3.13 Cr | Investors: an individual |
| Dec 2016 | Secondary share transfer | Undisclosed | Buyer: Unilever Overseas Holdings Limited Seller: an individual |
| Sep 2016 | Rights issue | ₹7.48 Cr | Investors: an individual |
| May 2015 | Funding round | ₹5 Cr | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Blueair India Private Limited has 2 court cases on record: 1 filed by Blueair India, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (OMP (ENF.) (COMM.)) | Filed by the company against Enter Tech Entertainment Pvt. Ltd. & Ors. | Disposed |
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed against the company by Enter Tech Entertainment Private Limited | Disposed |
To see the full case history of Blueair India 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 Blueair India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Blueair India Private Limited has a workforce of 1 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Blueair India has 5 GST registrations: 1 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAGCB0890A2Z2 | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Blueair India Private Limited, buy the company report.
Recent activity
Blueair India Private Limited has 11 board changes on record since 2017: 3 appointments and 8 cessations. The latest: Anagha Srinivas Rao Anasingaraju was appointed as Irp/Rp/Liquidator on 08 May 2024.
2 earlier events are in the company report.
News
Frequently asked questions
Blueair India is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Blueair India is a company under liquidation, formerly operating as a foreign private limited company based in New Delhi, Delhi, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 07 November 2014 and is registered under CIN U51909DL2014FTC272975. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Blueair India has 3 current directors:
- Vijay Mukund Limaye - Additional Director
- Shweta Nilesh Joshi - Additional Director
- Anagha Srinivas Rao Anasingaraju - Irp/Rp/Liquidator
The latest financial statements of Blueair India on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 November 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Blueair India is U51909DL2014FTC272975. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Blueair India has 2 court cases on record: 1 filed by the company and 1 filed against it.
Blueair India was incorporated on 07 November 2014. It is registered with the Registrar of Companies, Delhi.
Blueair India has 4 deals on record (2 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹5 Cr; the latest was in October 2020.
Anagha Srinivas Rao Anasingaraju was appointed as Irp/Rp/Liquidator on 08 May 2024. Neha Sarpal ceased to be Company Secretary on 13 Mar 2024. Shweta Nilesh Joshi was appointed as Additional Director on 22 Feb 2024. Blueair India has 11 board changes on record in total.
Blueair India can be reached through the website blueair.com. Its registered office is in New Delhi, Delhi, India.
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