
About Bluevine Technologies Private Limited
Data last updated:
Bluevine Technologies Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Credavenue Private Limited. It operates in the credit rating agencies segment of the financial services sector. It was incorporated on 12 October 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2015PTC084737. Its GSTIN is 24AAGCB4819F1ZW (Gujarat).
The company has an authorised share capital of ₹26 Lakh and a paid-up capital of ₹22.5 Lakh. It is led by directors including Aniket Nipam Shah (Managing Director) and Nipam Rameshchandra Shah.
Its last annual general meeting (AGM) was held on 18 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Navratna Corporate Park, Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹67.19 Cr, a growth of 50% compared to the previous year. For the same year it recorded a net loss of ₹31.47 Cr (net margin -46.8%) and EBITDA of -₹22.46 Cr (EBITDA margin -33.4%). Revenue has grown at a compounded annual rate (CAGR) of 91% over three years and 93% over five years.
The company has about 145 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Corpository. As per MCA filings, the company has open charges of ₹9.45 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website corpository.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered AddressCorpository Office No 2001 To 2020 20th Floor B Block, Navratna Corporate Park Ambli – Bopal Road Nr. Jayantilal Brts Bus Stand, Ahmedabad, Gujarat, India – 380058
- IndustryFinancial Services, Credit Rating Agencies
- 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 Bluevine Technologies Private Limited
The main business activity of Bluevine Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | 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 Bluevine Technologies Private Limited FY 2025 filings available
Bluevine Technologies Private Limited reported revenue of ₹67.19 Cr (up 50% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Bluevine Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 93% over five years, including 50% growth in the latest year. EBITDA fell 23% 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 Bluevine Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹22.46 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹31.47 Cr | •••• | •••• | •••• | •••• |
| 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 Bluevine Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -33.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -46.8% | •••• | •••• | •••• | •••• |
| 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 Bluevine Technologies are in the company report.
Financial statements from FY 2016
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 Bluevine Technologies Private Limited
Bluevine Technologies Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Credit Rating and Information Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Experian Credit Information Company of India Private Limited | ₹283.94 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Mumbai, Maharashtra, India |
| India Ratings and Research Private Limited | ₹233.18 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Mumbai, Maharashtra, India |
| NSE Indices Limited | ₹160.39 Cr (FY 2025) | •••• | •••• | -49.0% | •••• | Mumbai, Maharashtra, India |
| Infomerics Valuation and Rating Limited | ₹90.74 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | New Delhi, Delhi, India |
| Tracxn Technologies Limited Listed | ₹90.37 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Bengaluru, Karnataka, India |
| Bluevine Technologies Private Limited this company | ₹67.19 Cr (FY 2025) | •••• | •••• | 50.0% | •••• | Ahmedabad, Gujarat, India |
| MNS Credit Management Group Private Limited | ₹65.38 Cr (FY 2024) | •••• | •••• | 20.0% | •••• | New Delhi, Delhi, India |
| Acuite Ratings & Research Limited | ₹55.01 Cr (FY 2024) | •••• | •••• | -10.0% | •••• | Mumbai, Maharashtra, India |
| Coface India Credit Management Services Private Limited | ₹45.82 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Mumbai, Maharashtra, India |
| Synergy Fintech Private Limited | ₹31.75 Cr (FY 2024) | •••• | •••• | 14.0% | •••• | New Delhi, Delhi, India |
| Mira Inform Pvt Ltd | ₹19.73 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Bluevine Technologies by revenue in the BFSI industry (Credit Rating and Information Services), 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 Bluevine Technologies Private Limited
Bluevine Technologies Private Limited is audited by B S R & Co. LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B S R & Co. LLP | 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 Bluevine Technologies Private Limited
Bluevine Technologies has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aniket Nipam Shah Also directs: Finfort Infotech LLP | Managing Director | 12 Oct 2015 | 10 Years 11 Months | Current |
| Nipam Rameshchandra Shah Also directs: Omnibus Investment Advisors LLP, Blueocean Technosource Private Limited, Net Square Solutions Private Limited and 1 more | Director | 12 Oct 2015 | 10 Years 11 Months | Current |
| Kumar Gaurav Also directs: Yuverse Private Limited, Finfort Infotech LLP, Credavenue Collect Private Limited and 5 more | Director | 25 Apr 2022 | 4 Years 5 Months | Current |
| Mathangi Sri Ramachandran Also directs: Yuverse Private Limited | Director | 22 Oct 2024 | 1 Years 11 Months | Current |
Ownership and Shareholding of Bluevine Technologies 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 Bluevine Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Jan 2024 | Others | ₹9.45 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Bluevine Technologies Private Limited
Bluevine Technologies Private Limited has 1 court case on record: 1 filed against it. All case is pending. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by an individual | Pending |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Bluevine Technologies Private Limited
Bluevine Technologies Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 2 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Venkatesh & Co | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Bluevine Technologies Private Limited
Bluevine Technologies operates one associated brand: Corpository. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers a web-based platform for accessing and managing corporate information. | corpository.com |
Employees and EPFO Compliance at Bluevine Technologies Private Limited
Bluevine Technologies Private Limited has a workforce of 145 employees as of Apr 07, 2024.
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 Bluevine Technologies Private Limited
Bluevine Technologies Private Limited has 11 board changes on record since 2015: 4 appointments and 7 cessations. The latest: Mathangi Sri Ramachandran ceased to be Additional Director on 17 Sep 2025.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Bluevine Technologies 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.
Subsidiaries & Group Companies of Bluevine Technologies 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 Bluevine Technologies Private Limited
Bluevine Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCB4819F1ZW | Gujarat | Active | 01 Jul 2017 |
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 Bluevine Technologies 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 Bluevine Technologies Private Limited
Bluevine Technologies is an active private limited company based in Ahmedabad, Gujarat, India. The company works in credit rating agencies, within the financial services industry. It was incorporated on 12 October 2015 (11+ years old) and is registered under CIN U72900GJ2015PTC084737.
Bluevine Technologies reported revenue of ₹67.19 Cr for FY 2025 (up 50% YoY).
Bluevine Technologies has 4 current directors:
- Aniket Nipam Shah - Managing Director
- Nipam Rameshchandra Shah - Director
- Kumar Gaurav - Director
- Mathangi Sri Ramachandran - Director
Bluevine Technologies reported a net loss of ₹31.47 Cr (net margin -46.8%) and EBITDA of -₹22.46 Cr (EBITDA margin -33.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bluevine Technologies is 91% over three years and 93% over five years. In the latest year (FY 2025) revenue rose 50%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Bluevine Technologies is 24AAGCB4819F1ZW, registered in Gujarat.
The CIN (Corporate Identification Number) of Bluevine Technologies is U72900GJ2015PTC084737. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bluevine Technologies has 1 court case on record: 1 filed against it. 1 is pending.
Bluevine Technologies was incorporated on 12 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Bluevine Technologies by revenue are Experian Credit Information Company of India Private Limited, India Ratings and Research Private Limited, NSE Indices Limited, Infomerics Valuation and Rating Limited, Tracxn Technologies Limited and 5 more, all in the BFSI industry (Credit Rating and Information Services).
Mathangi Sri Ramachandran ceased to be Additional Director on 17 Sep 2025. Mathangi Sri Ramachandran was appointed as Director on 22 Oct 2024. Vibhor Mittal ceased to be Additional Director on 06 Jun 2023. Bluevine Technologies has 11 board changes on record in total.
Bluevine Technologies has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 24 Apr 2024.