MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-14-0004597
Bluemax Nextgen Technologies Private Limited - information technology in Mehsana, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹8.13 Lakh
▼ 95% YoY
Net loss · FY 2025
₹13.37 Lakh
Net margin -164.4%
EBITDA · FY 2025
-₹13.07 Lakh
EBITDA margin -160.7%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Satisfied charges
₹3.62 Cr
No open charges
Company age
6 yrs
Est. 2020
Employees · EPFO
1
Provident fund records
About Bluemax Nextgen Technologies Private Limited
Data last updated:
Bluemax Nextgen Technologies Private Limited is a private limited company based in Mehsana, Gujarat, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 10 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74140GJ2020PTC116364. Its GSTIN is 24AAJCB2625G1ZZ (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2 Cr. It is led by directors Rakhiben Gaurangkumar Desai and Jayeshkumar Prajapati.
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 1st Floor Parag Shopping Bluemax Nr B K Cinema, Mehsana, Gujarat, India – 384002.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.13 Lakh, a decline of 95% compared to the previous year. For the same year it recorded a net loss of ₹13.37 Lakh (net margin -164.4%) and EBITDA of -₹13.07 Lakh (EBITDA margin -160.7%). Revenue has declined at a compounded annual rate (CAGR) of 82% over three years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 2 brands: Bluemax and Exsquare Allianze Global. As per MCA filings, the company has satisfied charges of ₹3.62 Cr on record.
Bluemax Nextgen Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-14-0004597). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website exsquare.in.
Company details
CIN U74140GJ2020PTC116364
Registration Number 116364
Incorporation Date 10 September 2020
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-14-0004597
Recognitions & Rankings of Bluemax Nextgen Technologies
Contact details
Bluemax Nextgen Technologies Private Limited's registered office is in Mehsana, Gujarat. Its website is exsquare.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1st Floor Parag Shopping Bluemax Nr B K Cinema, Mehsana, Gujarat, India – 384002
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Bluemax Nextgen Technologies Private Limited, buy the company report.
Comprehensive company report
Bluemax Nextgen Technologies 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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Secure checkout · GST invoice included
Brands
Bluemax Nextgen Technologies operates two associated brands: BLUEMAX and Exsquare Allianze Global. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT services including BPO, software solutions, and hardware support. | bluemaxindia.com | |
| Investment banking, wealth management, and advisory services across multiple sectors. | exsquare.in |
Business activity
The main business activity of Bluemax Nextgen Technologies 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 Bluemax Nextgen Technologies Private Limited, buy the company report.
Financials of Bluemax Nextgen Technologies Private Limited
FY 2025 filings availableBluemax Nextgen Technologies Private Limited reported revenue of ₹8.13 Lakh (down 95% YoY) for FY 2025.
Revenue · FY 2025
₹8.13 Lakh ▼ 95%
Net loss · FY 2025
₹13.37 Lakh margin -164.4%
EBITDA · FY 2025
-₹13.07 Lakh margin -160.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 95%
3 years · compounded
▼ 82%
EBITDA CAGR growth
1 year
▼ 40%
3 years · compounded
▼ 29%
Revenue has declined at a compounded annual rate (CAGR) of 82% over three years, including a 95% fall in the latest year. EBITDA fell 40% 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 | -₹13.07 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹13.37 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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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 | -160.7% | ||||
| Net Profit Margin | -164.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Bluemax Nextgen Technologies Private Limited, buy the company report.
Board of directors of Bluemax Nextgen Technologies Private Limited
Bluemax Nextgen Technologies has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakhiben Gaurangkumar Desai Also directs: Mannraag Enterprise LLP | Director | 10 Sep 2020 | 6 Years 1 Months | Current |
| Jayeshkumar Prajapati | Director | 26 Mar 2024 | 2 Years 7 Months | Current |
Peer comparison
Bluemax Nextgen Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Eneff Powercom Private Limited | ₹8.14 Lakh (FY 2024) | -44.0% | New Delhi, Delhi, India | |||
| Balivansh Agro Producer Company Limited | ₹8.14 Lakh (FY 2025) | 23.0% | Nanded, Maharashtra, India | |||
| Mediwell Life Science Private Limited | ₹8.14 Lakh (FY 2018) | -18.0% | Miraj, Maharashtra, India | |||
| Unitimestar Suppliers Private Limited | ₹8.14 Lakh (FY 2024) | 2.0% | Kolkata, West Bengal, India | |||
| Mysore Electrical and Electronics Private Limited | ₹8.14 Lakh (FY 2015) | 74.0% | Bangalore, Karnataka, India | |||
| Bluemax Nextgen Technologies Private Limitedthis company | ₹8.13 Lakh (FY 2025) | -₹13.37 Lakh | -164.4% | -95.0% | 1 | Mehsana, Gujarat, India |
| Om Fab Private Limited | ₹8.13 Lakh (FY 2025) | -82.0% | Jaipur, Rajasthan, India | |||
| Pellikuturu Silks Private Limited | ₹8.13 Lakh (FY 2021) | -75.0% | Secunderabad, Telangana, India | |||
| Cosmas Medical Studies Private Limited | ₹8.13 Lakh (FY 2018) | 158.0% | Ludhiana, Punjab, India | |||
| Lunatash Biotech Private Limited | ₹8.13 Lakh (FY 2024) | -62.0% | New Delhi, Delhi, India | |||
| Rxhomeo Private Limited | ₹8.13 Lakh (FY 2024) | -76.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Bluemax Nextgen Technologies Private Limited, buy the company report.
Auditor
Bluemax Nextgen Technologies Private Limited is audited by CHAUHAN & JAIN for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHAUHAN & JAIN | FY 2021 | 140318W |
Shareholding
The shareholding of Bluemax Nextgen Technologies Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Bluemax Nextgen Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹3.62 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Oct 2020 | 100377359 | Others | ₹11.5 Lakh | Satisfied | |
| 12 Oct 2020 | 100377360 | Others | ₹3.5 Cr | Satisfied |
To see the full charge records of Bluemax Nextgen Technologies Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Bluemax Nextgen Technologies 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 Bluemax Nextgen Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bluemax Nextgen Technologies Private Limited has a workforce of 1 employees on its EPFO records as of Apr 06, 2024, across 2 active EPFO establishments.
Employee count
1
Active EPFO establishments
2
Employee growth
-75%
GST
Bluemax Nextgen Technologies has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCB2625G1ZZ | Gujarat | Active | 22 Sep 2020 |
| 02AAJCB2625G1Z5 | Himachal Pradesh | Active | 29 Jan 2022 |
To see the full GST registrations and return filing status of Bluemax Nextgen Technologies Private Limited, buy the company report.
Recent activity
Bluemax Nextgen Technologies Private Limited has 8 board changes on record since 2020: 5 appointments and 3 cessations. The latest: Himanshu Kusumkant Shah ceased to be Director on 26 Mar 2024.
AGM
Bluemax Nextgen Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Bluemax Nextgen Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Himanshu Kusumkant Shah ceased to be Director.
Appointed
Jayeshkumar Prajapati was appointed as Director.
Charges
A charge registered on 12 Oct 2020 via Charge ID 100377360 with Others was fully satisfied on 13 Sep 2023.
Charges
A charge with Others of Rs. 3.50 Cr registered on 12 Oct 2020 with Charge ID 100377360 was modified on 15 Nov 2022.
Ceased
Lotan Rajdhar Gawale ceased to be Director.
Charges
A charge registered on 12 Oct 2020 via Charge ID 100377359 with Others was fully satisfied on 24 Sep 2021.
Appointed
Himanshu Kusumkant Shah was appointed as Director.
Ceased
Raag Gaurang Desai ceased to be Director.
Appointed
Lotan Rajdhar Gawale was appointed as Director.
Charges
A charge with Others amounted to Rs. 0.12 Cr with Charge ID 100377359 was registered on 12 Oct 2020.
4 earlier events are in the company report.
Frequently asked questions
Bluemax Nextgen Technologies is an active private limited company based in Mehsana, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 10 September 2020 (6+ years old) and is registered under CIN U74140GJ2020PTC116364.
Bluemax Nextgen Technologies has 2 current directors:
- Rakhiben Gaurangkumar Desai - Director
- Jayeshkumar Prajapati - Director
The latest financial statements of Bluemax Nextgen Technologies 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 FY 2021 are in the company report.
The GSTIN of Bluemax Nextgen Technologies is 24AAJCB2625G1ZZ, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 02AAJCB2625G1Z5 (Himachal Pradesh).
The CIN (Corporate Identification Number) of Bluemax Nextgen Technologies is U74140GJ2020PTC116364. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bluemax Nextgen Technologies was incorporated on 10 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Bluemax Nextgen Technologies by revenue are Eneff Powercom Private Limited, Balivansh Agro Producer Company Limited, Mediwell Life Science Private Limited, Unitimestar Suppliers Private Limited, Mysore Electrical and Electronics Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Himanshu Kusumkant Shah ceased to be Director on 26 Mar 2024. Jayeshkumar Prajapati was appointed as Director on 26 Mar 2024. Lotan Rajdhar Gawale ceased to be Director on 22 Oct 2021. Bluemax Nextgen Technologies has 8 board changes on record in total.
Yes, Bluemax Nextgen Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-14-0004597).
Bluemax Nextgen Technologies can be reached through the website exsquare.in. Its registered office is in Mehsana, Gujarat, India.
The registered office of Bluemax Nextgen Technologies is at 1st Floor Parag Shopping Bluemax Nr B K Cinema, Mehsana, Gujarat, India – 384002.
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