About Bluebell Polymers Private Limited
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Bluebell Polymers Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 15 February 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17119GJ1982PTC005026. Its GSTIN is 24AAACB8976B1ZS (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹18 Lakh. It was formerly known as Blue Bell Polymers Pvt Ltd. It is led by directors including Jayesh Prabhashanker Joshi (Managing Director) and Manish Prabhashanker Joshi.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 79 Gvms Audxogic Vasahat Limited Odhav, Ahmedabad, Gujarat, India – 382415.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.01 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹75.67 Lakh (net margin 3.3%) and EBITDA of ₹1.12 Cr (EBITDA margin 4.9%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 4% over five years.
The company has about 43 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹17.21 Cr on record. Court records list 14 cases involving the company, including 7 filed by the company and 7 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bluebellindia.com.
Company details
Contact details
Bluebell Polymers Private Limited's registered office is in Ahmedabad, Gujarat. Its website is bluebellindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address79 Gvms Audxogic Vasahat Limited Odhav, Ahmedabad, Gujarat, India – 382415
- IndustryManufacturing, Plastic & Resins
To see the full contact details of Bluebell Polymers 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
Business activity
The main business activity of Bluebell Polymers is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Bluebell Polymers Private Limited, buy the company report.
Financials of Bluebell Polymers Private Limited
FY 2025 filings availableBluebell Polymers Private Limited reported revenue of ₹23.01 Cr (down 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 17% fall in the latest year. EBITDA rose 13% 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 | ₹1.12 Cr | ||||
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| Net Profit (PAT) | ₹75.67 Lakh | ||||
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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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| Profitability | |||||
| EBITDA Margin | 4.9% | ||||
| Net Profit Margin | 3.3% | ||||
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To see the full financial statements and ratios of Bluebell Polymers Private Limited, buy the company report.
Board of directors of Bluebell Polymers Private Limited
Bluebell Polymers has 5 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayesh Prabhashanker Joshi | Managing Director | 10 Feb 1987 | 39 Years 8 Months | Current |
| Manish Prabhashanker Joshi Also directs: Synpol Products Private Limited | Director | 02 Sep 2020 | 6 Years 2 Months | Current |
| Sujata Vinod Kothari Also directs: Synpol Products Private Limited | Director | 02 Sep 2020 | 6 Years 2 Months | Current |
| Rita Jayesh Joshi | Director | 01 Mar 2016 | 10 Years 8 Months | Current |
| Parag Prabhashanker Joshi Also directs: Synpol Products Private Limited | Director | 02 Sep 2020 | 6 Years 2 Months | Current |
Auditor
Bluebell Polymers Private Limited is audited by PANKAJ R. SHAH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PANKAJ R. SHAH & ASSOCIATES | FY 2023 | 107361W |
Shareholding
The shareholding of Bluebell Polymers 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 Bluebell Polymers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jan 2012 | 10333310 | State Bank of India | ₹5.48 Cr | Satisfied | |
| 29 Aug 2003 | 80027666 | State Bank of India | ₹5.48 Cr | Satisfied | |
| 07 Aug 2003 | 90112800 | State Bank of India | ₹90 Lakh | Satisfied | |
| 09 May 1985 | 90108319 | State Bank of India | ₹5.35 Cr | Satisfied |
To see the full charge records of Bluebell Polymers Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Bluebell Polymers Private Limited has 14 court cases on record: 7 filed by Bluebell Polymers, 7 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 6 | 0 |
| District courts | 2 | 1 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Ms. Sarika Paints Ltd. and 1 other | Disposed |
| High Court, GUJARAT | Court case (CR.MA) | Filed against the company by Sarika Paints Ltd and 1 other | Disposed |
| High Court, GUJARAT | Court case (COMP) | Filed by the company against Team Polycoat Pvt. Ltd. | Disposed |
| High Court, GUJARAT | Court case (COMP) | Filed by the company against Anjali Coating Pvt. Ltd. | Disposed |
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by Commissioner of Income Tax | Disposed |
To see the full case history of Bluebell Polymers 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
Bluebell Polymers Private Limited has 9 MSME Form 1 returns on record between 2019 and 2023, listing 14 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Simalin Chemical Industries Private Limited | |||
| Tradex Corporation |
To see the full MSME payment records of Bluebell Polymers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Bluebell Polymers Private Limited has a workforce of 43 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Bluebell Polymers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACB8976B1ZS | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bluebell Polymers Private Limited, buy the company report.
Recent activity
Bluebell Polymers Private Limited has 16 board changes on record since 1982: 6 appointments and 10 cessations. The latest: Kirit Jesukhlal Kothari ceased to be Managing Director on 28 Oct 2024.
19 earlier events are in the company report.
Frequently asked questions
Bluebell Polymers is an active private limited company based in Ahmedabad, Gujarat, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 15 February 1982 (44+ years old) and is registered under CIN U17119GJ1982PTC005026.
Bluebell Polymers has 5 current directors:
- Jayesh Prabhashanker Joshi - Managing Director
- Manish Prabhashanker Joshi - Director
- Sujata Vinod Kothari - Director
- Rita Jayesh Joshi - Director
- Parag Prabhashanker Joshi - Director
The latest financial statements of Bluebell Polymers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Bluebell Polymers is 24AAACB8976B1ZS, registered in Gujarat. 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 Bluebell Polymers is U17119GJ1982PTC005026. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bluebell Polymers has 14 court cases on record: 7 filed by the company and 7 filed against it. Most are in the high courts.
Bluebell Polymers was incorporated on 15 February 1982, making it 44+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Kirit Jesukhlal Kothari ceased to be Managing Director on 28 Oct 2024. Jesal Kirit Kothary ceased to be Additional Director on 31 Dec 2020. Manish Prabhashanker Joshi ceased to be Additional Director on 31 Dec 2020. Bluebell Polymers has 16 board changes on record in total.
Bluebell Polymers has 9 MSME Form 1 returns on record between 2019 and 2023, listing 14 overdue payments to 2 micro and small suppliers. The latest return was filed on 28 Aug 2023.
Bluebell Polymers can be reached through the website bluebellindia.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Bluebell Polymers is at 79 Gvms Audxogic Vasahat Limited Odhav, Ahmedabad, Gujarat, India – 382415.
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