Startup India Government of India
Bluecore Software Private Limited - information technology in Noida, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹40.96 Cr
▼ 7% YoY
Net profit · FY 2025
₹4.38 Cr
Net margin 10.7%
EBITDA · FY 2025
₹6.15 Cr
EBITDA margin 15%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹10 Lakh
Secured borrowings
Company age
8 yrs
Est. 2018
Employees · EPFO
70
Provident fund records
About Bluecore Software Private Limited
Data last updated:
Bluecore Software Private Limited is a private limited company based in Noida, Uttar Pradesh, India, a subsidiary of Bluecore Inc and recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 12 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U72900UP2018PTC109185. Its GSTIN is 09AAICB0746M1ZD (Uttar Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Michelle Mccomb Hewitt and Girish Guptha Ramachandra Setty.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Noida, Uttar Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹40.96 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹4.38 Cr (net margin 10.7%) and EBITDA of ₹6.15 Cr (EBITDA margin 15%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 25% over five years.
The company has about 70 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Bluecore. As per MCA filings, the company has open charges of ₹10 Lakh on record.
For more details, the company can be reached via its website bluecore.com.
Company details
CIN U72900UP2018PTC109185
Registration Number 109185
Incorporation Date 12 October 2018
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Bluecore Inc
DPIIT Recognition Recognised Startup
Key People
Michelle Mccomb Hewitt Director Girish Guptha Ramachandra Setty Director Fayez Mohamood Director Recognitions & Rankings of Bluecore Software
Contact details
Bluecore Software Private Limited's registered office is in Noida, Uttar Pradesh. Its website is bluecore.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressDesk No. 149 D – 9 Ground Floor, Sector – 3, Noida, Uttar Pradesh, India – 201301
- IndustryInformation Technology, Application Development & Software Solutions, IT Consulting & Support Services
To see the full contact details of Bluecore Software Private Limited, buy the company report.
Comprehensive company report
Bluecore Software 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
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Brands
Bluecore Software operates one associated brand: Bluecore. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Automated personalized trigger-based emails are delivered for e-commerce behavior. | bluecore.com |
Business activity
The main business activity of Bluecore Software is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Bluecore Software Private Limited, buy the company report.
Financials of Bluecore Software Private Limited
FY 2025 filings availableBluecore Software Private Limited reported revenue of ₹40.96 Cr (down 7% YoY) for FY 2025.
Revenue · FY 2025
₹40.96 Cr ▼ 7%
Net profit · FY 2025
₹4.38 Cr margin 10.7%
EBITDA · FY 2025
₹6.15 Cr margin 15%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 18%
5 years · compounded
▲ 25%
EBITDA CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 19%
5 years · compounded
▲ 25%
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 25%. EBITDA fell 8% 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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| Total Expenses | |||||
| EBITDA | ₹6.15 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.38 Cr | ||||
| Balance Sheet | |||||
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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 | 15% | ||||
| Net Profit Margin | 10.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Bluecore Software Private Limited, buy the company report.
Board of directors of Bluecore Software Private Limited
Bluecore Software has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Michelle Mccomb Hewitt | Director | 08 Apr 2022 | 4 Years 7 Months | Current |
| Girish Guptha Ramachandra Setty | Director | 11 Jan 2024 | 2 Years 10 Months | Current |
| Fayez Mohamood | Director | 12 Oct 2018 | 8 Years 0 Months | Current |
Peer comparison
Bluecore Software Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Riskonnect Services Private Limited | ₹41.01 Cr (FY 2025) | 70.0% | Mangalore, Karnataka, India | |||
| Mindarray Systems Limited | ₹41 Cr (FY 2024) | 58.0% | Ahmedabad, Gujarat, India | |||
| Infonox Software Private Limited | ₹40.98 Cr (FY 2025) | 1.0% | New Delhi, Delhi, India | |||
| Promantus India Private Limited | ₹40.98 Cr (FY 2024) | 36.0% | Gurgaon, Haryana, India | |||
| Wrap2earn Technologies Private Limited | ₹40.97 Cr (FY 2025) | 4.0% | Mumbai, Maharashtra, India | |||
| Bluecore Software Private Limitedthis company | ₹40.96 Cr (FY 2025) | ₹4.38 Cr | 10.7% | -7.0% | 70 | Noida, Uttar Pradesh, India |
| Ul Technology Solutions Private Limited | ₹40.95 Cr (FY 2024) | 28.0% | Kozhikode, Kerala, India | |||
| Intone Networks (India) Private Limited | ₹40.95 Cr (FY 2025) | -2.0% | Hyderabad, Telangana, India | |||
| Cyberswift Infotech Private Limited | ₹40.94 Cr (FY 2024) | 29.0% | Kolkata, West Bengal, India | |||
| Launch IT Consulting India Private Limited | ₹40.89 Cr (FY 2025) | 27.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Bluecore Software Private Limited, buy the company report.
Auditor
Bluecore Software Private Limited is audited by VISHNU DAYA & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VISHNU DAYA & CO LLP | FY 2023 | 008456S/S200092 |
Shareholding
The shareholding of Bluecore Software 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 Bluecore Software Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Dec 2024 | 101025876 | The Hongkong and Shanghai Banking Corporation Limited | ₹10 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Bluecore Software 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 Bluecore Software Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bluecore Software Private Limited has a workforce of 70 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
70
Active EPFO establishments
1
Employee growth
25%
GST
Bluecore Software has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAICB0746M1ZD | Uttar Pradesh | Active | 12 Mar 2019 |
To see the full GST registrations and return filing status of Bluecore Software Private Limited, buy the company report.
Recent activity
Bluecore Software Private Limited has 8 board changes on record since 2018: 3 appointments and 5 cessations. The latest: Girish Guptha Ramachandra Setty ceased to be Additional Director on 25 Sep 2024.
AGM
Bluecore Software Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Bluecore Software Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kanpur.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 10.00 Lakh with Charge ID 101025876 was registered on 19 Dec 2024.
Ceased
Girish Guptha Ramachandra Setty ceased to be Additional Director.
Appointed
Girish Guptha Ramachandra Setty was appointed as Director.
Ceased
Arjun Maheshwari ceased to be Additional Director.
Ceased
Michelle Mccomb Hewitt ceased to be Additional Director.
Ceased
Mahmoud Abdel Hady Arram ceased to be Director.
Appointed
Michelle Mccomb Hewitt was appointed as Director.
Ceased
Ankit Maheshwari ceased to be Whole-Time Director.
Appointed
Fayez Mohamood was appointed as Director.
Incorporation
12 Oct 2018
Bluecore Software Private Limited was registered on 12 Oct 2018 with Roc Kanpur & aged 8 years 30 days as per MCA records.
News
Frequently asked questions
Bluecore Software is an active private limited company based in Noida, Uttar Pradesh, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 12 October 2018 (8+ years old) and is registered under CIN U72900UP2018PTC109185.
Bluecore Software has 3 current directors:
- Michelle Mccomb Hewitt - Director
- Girish Guptha Ramachandra Setty - Director
- Fayez Mohamood - Director
The latest financial statements of Bluecore Software on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Bluecore Software is 09AAICB0746M1ZD, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Bluecore Software is U72900UP2018PTC109185. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bluecore Software was incorporated on 12 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Bluecore Software by revenue are Riskonnect Services Private Limited, Mindarray Systems Limited, Infonox Software Private Limited, Promantus India Private Limited, Wrap2earn Technologies Private Limited and 4 more, all in the same principal business activity (computer programming, consultancy and related activities).
Girish Guptha Ramachandra Setty ceased to be Additional Director on 25 Sep 2024. Girish Guptha Ramachandra Setty was appointed as Director on 11 Jan 2024. Arjun Maheshwari ceased to be Additional Director on 01 Apr 2023. Bluecore Software has 8 board changes on record in total.
Yes, Bluecore Software is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Bluecore Software can be reached through the website bluecore.com. Its registered office is in Noida, Uttar Pradesh, India.
The registered office of Bluecore Software is at Desk No. 149 D – 9 Ground Floor, Sector – 3, Noida, Uttar Pradesh, India – 201301.
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