About Bluegem IT Solutions Private Limited
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Bluegem IT Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 08 November 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2014PTC096289.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nihanth Kallu and Pandi Chaithanya.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at H. No.:1 – 98/90/13/1 – 4 Level – 2 Kavuri Hills Madhapur, Hyderabad, Telangana, India – 500081.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.48 Lakh, a growth of 6% compared to the previous year. For the same year it recorded a net loss of ₹22,279 (net margin -9%) and EBITDA of -₹21,300 (EBITDA margin -8.6%). Revenue has grown at a compounded annual rate (CAGR) of 48% over three years and 1% over five years.
The company is associated with 1 brand: Bluegem IT Solutions.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bluegemit.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressH. No.:1 – 98/90/13/1 – 4 Level – 2 Kavuri Hills Madhapur, Hyderabad, Telangana, India – 500081
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Bluegem IT Solutions Private Limited
The main business activity of Bluegem IT Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Bluegem IT Solutions Private Limited FY 2024 filings available
Bluegem IT Solutions Private Limited reported revenue of ₹2.48 Lakh (up 6% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Bluegem IT Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 6% growth in the latest year. EBITDA rose 67% 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 of Bluegem IT Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹21,300 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹22,279 | •••• | •••• | •••• | •••• |
| 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 of Bluegem IT Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -8.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Bluegem IT Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Bluegem IT Solutions Private Limited
Bluegem IT Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fact Fintech India Private Limited | ₹2.49 Lakh (FY 2025) | •••• | •••• | -92.0% | •••• | New Delhi, Delhi, India |
| Growvus Technologies Private Limited | ₹2.49 Lakh (FY 2025) | •••• | •••• | •••• | Thane, Maharashtra, India | |
| Alta Vista Designing Manufacturing & Services Private Limited | ₹2.48 Lakh (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Mindpro Information Systems Private Limited | ₹2.48 Lakh (FY 2024) | •••• | •••• | 24.0% | •••• | Dharwad, Karnataka, India |
| Nothink Technologies Private Limited | ₹2.48 Lakh (FY 2024) | •••• | •••• | 909.0% | •••• | Rajsamand, Rajasthan, India |
| Bluegem IT Solutions Private Limited this company | ₹2.48 Lakh (FY 2024) | •••• | •••• | 6.0% | •••• | Hyderabad, Telangana, India |
| Tekwhale Solutions Private Limited | ₹2.46 Lakh (FY 2024) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Metaponder Solutions Private Limited | ₹2.45 Lakh (FY 2025) | •••• | •••• | •••• | Mohali, Punjab, India | |
| Omkar Software Private Limited | ₹2.42 Lakh (FY 2025) | •••• | •••• | -76.0% | •••• | Bangalore, Karnataka, India |
| Krayon Pictures Private Limited | ₹2.42 Lakh (FY 2024) | •••• | •••• | 1374.0% | •••• | Pune, Maharashtra, India |
| FMV Software Private Limited | ₹2.42 Lakh (FY 2025) | •••• | •••• | 2.0% | •••• | Thane, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Bluegem IT Solutions by revenue in the Information Technology industry (Application Development), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Bluegem IT Solutions Private Limited
Bluegem IT Solutions Private Limited is audited by A M B M & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A M B M & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Bluegem IT Solutions Private Limited
Bluegem IT Solutions has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nihanth Kallu | Director | 29 Mar 2025 | 1 Years 6 Months | Current |
| Pandi Chaithanya | Director | 29 Mar 2025 | 1 Years 6 Months | Current |
Ownership and Shareholding of Bluegem IT Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Bluegem IT Solutions Private Limited
Bluegem IT Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Bluegem IT Solutions Private Limited
Bluegem IT Solutions operates one associated brand: Bluegem IT Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers comprehensive software development and IT consulting services to clients. | bluegemit.com |
Employees and EPFO Compliance at Bluegem IT Solutions Private Limited
Employment history and EPFO contributions of people linked to Bluegem IT Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Bluegem IT Solutions Private Limited
Bluegem IT Solutions Private Limited has 14 board changes on record since 2018: 4 appointments and 10 cessations. The latest: Lala Ram Bairwa ceased to be Director on 29 Mar 2025.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Bluegem IT Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Bluegem IT Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Bluegem IT Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Bluegem IT Solutions Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Bluegem IT Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Bluegem IT Solutions Private Limited
Bluegem IT Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 08 November 2014 (12+ years old) and is registered under CIN U72200TG2014PTC096289.
Bluegem IT Solutions reported revenue of ₹2.48 Lakh for FY 2024 (up 6% YoY).
Bluegem IT Solutions has 2 current directors:
- Nihanth Kallu - Director
- Pandi Chaithanya - Director
Bluegem IT Solutions reported a net loss of ₹22,279 (net margin -9%) and EBITDA of -₹21,300 (EBITDA margin -8.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bluegem IT Solutions is -48% over three years and 1% over five years. In the latest year (FY 2024) revenue rose 6%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Bluegem IT Solutions is U72200TG2014PTC096289. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bluegem IT Solutions was incorporated on 08 November 2014, making it 12+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Bluegem IT Solutions by revenue are Fact Fintech India Private Limited, Growvus Technologies Private Limited, Alta Vista Designing Manufacturing & Services Private Limited, Mindpro Information Systems Private Limited, Nothink Technologies Private Limited and 5 more, all in the Information Technology industry (Application Development).
Lala Ram Bairwa ceased to be Director on 29 Mar 2025. Nihanth Kallu was appointed as Director on 29 Mar 2025. Pandi Chaithanya was appointed as Director on 29 Mar 2025. Bluegem IT Solutions has 14 board changes on record in total.
Bluegem IT Solutions can be reached through the website bluegemit.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Bluegem IT Solutions is at H. No.:1 – 9890131 – 4 Level – 2 Kavuri Hills Madhapur, Hyderabad, Telangana, India – 500081.