Bluespace IT Solutions Private Limited
About Bluespace IT Solutions Private Limited
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Bluespace IT Solutions Private Limited is a private limited company based in Bhubaneswar, Odisha, India, recognised as a startup by DPIIT. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 29 October 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U72900OR2021PTC038016.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹30,000. It is led by directors Janmejaya Sahoo and Bikash Swain.
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 Plot No – 67 Kanan Vihar Near Hig Qtrs, Bhubaneswar, Odisha, India – 751024.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.15 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.82 Lakh (net margin 2.5%) and EBITDA of ₹3.84 Lakh (EBITDA margin 3.4%).
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- Registered AddressPlot No – 67 Kanan Vihar Near Hig Qtrs, Bhubaneswar, Odisha, India – 751024
- IndustryInformation Technology, Other Computer Related Activities
- 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 Bluespace IT Solutions Private Limited
The main business activity of Bluespace 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 Bluespace IT Solutions Private Limited FY 2024 filings available
Bluespace IT Solutions Private Limited reported revenue of ₹1.15 Cr (up 1516% YoY) for FY 2024.
Financial Statement Summary of Bluespace IT Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | ₹3.84 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.82 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 | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• |
Financial Ratios of Bluespace IT Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 3.4% | •••• | •••• |
| Net Profit Margin | 2.5% | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• |
| Liquidity and Debt | |||
| Current Ratio | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• |
| 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 Bluespace IT Solutions are in the company report.
Financial statements from FY 2022
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 Bluespace IT Solutions Private Limited
Bluespace IT Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rwebsoft Technologies Private Limited | ₹1.15 Cr (FY 2024) | •••• | •••• | 196.0% | •••• | Jaipur, Rajasthan, India |
| Vtguru Technology Private Limited | ₹1.15 Cr (FY 2021) | •••• | •••• | 41.0% | •••• | Hyderabad, Telangana, India |
| Lambdanets Services Private Limited | ₹1.15 Cr (FY 2024) | •••• | •••• | 16.0% | •••• | Chennai, Tamil Nadu, India |
| Talentsavvy Software Private Limited | ₹1.15 Cr (FY 2025) | •••• | •••• | 375.0% | •••• | Hyderabad, Telangana, India |
| Apex Web Services and Online Education Private Limited | ₹1.15 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Hyderabad, Telangana, India |
| Bluespace IT Solutions Private Limited this company | ₹1.15 Cr (FY 2024) | •••• | •••• | 1516.0% | •••• | Bhubaneswar, Odisha, India |
| Treco Technologies Private Limited | ₹1.15 Cr (FY 2025) | •••• | •••• | 75.0% | •••• | Delhi, India |
| Squbix Digital Private Limited | ₹1.15 Cr (FY 2024) | •••• | •••• | -41.0% | •••• | Bhubaneswar, Odisha, India |
| Info Centre Pvt Ltd | ₹1.15 Cr (FY 2024) | •••• | •••• | -10.0% | •••• | Hyderabad, Telangana, India |
| Align Digiventures Private Limited | ₹1.14 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Mumbai, Maharashtra, India |
| Technixia Automation Private Limited | ₹1.14 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Patna, Bihar, India |
Peers are the five companies nearest above and the five nearest below Bluespace IT Solutions by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Bluespace IT Solutions Private Limited
Bluespace IT Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Janmejaya Sahoo | Director | 29 Oct 2021 | 4 Years 11 Months | Current |
| Bikash Swain | Director | 29 Oct 2021 | 4 Years 11 Months | Current |
Charges & Borrowings of Bluespace IT Solutions Private Limited
Bluespace IT Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Bluespace IT Solutions Private Limited
Employment history and EPFO contributions of people linked to Bluespace 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 Bluespace IT Solutions Private Limited
Bluespace IT Solutions Private Limited has 4 board changes on record since 2021: 3 appointments and 1 cessation. The latest: Bharati Lopamudra ceased to be Director on 27 Jul 2022.
Credit Ratings, Litigation & Regulatory Alerts for Bluespace 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 Bluespace 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 Bluespace 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 Bluespace 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 Bluespace 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 Bluespace IT Solutions Private Limited
Bluespace IT Solutions is an active private limited company based in Bhubaneswar, Odisha, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 29 October 2021 (5+ years old) and is registered under CIN U72900OR2021PTC038016.
Bluespace IT Solutions reported revenue of ₹1.15 Cr for FY 2024 (up 1516% YoY).
Bluespace IT Solutions has 2 current directors:
- Janmejaya Sahoo - Director
- Bikash Swain - Director
Bluespace IT Solutions reported a net profit of ₹2.82 Lakh (net margin 2.5%) and EBITDA of ₹3.84 Lakh (EBITDA margin 3.4%) for FY 2024, as per its filed financial statements.
The CIN (Corporate Identification Number) of Bluespace IT Solutions is U72900OR2021PTC038016. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bluespace IT Solutions was incorporated on 29 October 2021, making it 5+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Bluespace IT Solutions by revenue are Rwebsoft Technologies Private Limited, Vtguru Technology Private Limited, Lambdanets Services Private Limited, Talentsavvy Software Private Limited, Apex Web Services and Online Education Private Limited and 5 more, all in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.).
Bharati Lopamudra ceased to be Director on 27 Jul 2022. Bharati Lopamudra was appointed as Director on 29 Oct 2021. Bikash Swain was appointed as Director on 29 Oct 2021. Bluespace IT Solutions has 4 board changes on record in total.
Yes, Bluespace IT Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Bluespace IT Solutions is at Plot No – 67 Kanan Vihar Near Hig Qtrs, Bhubaneswar, Odisha, India – 751024.
Bluespace IT Solutions has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹30,000.