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Blu-Smart Charge Private Limited - travel and hospitality in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹68.38 Cr
▲ 121% YoY
Net loss · FY 2024
₹27.48 Cr
Net margin -40.2%
EBITDA · FY 2024
₹13.13 Cr
EBITDA margin 19.2%
Authorised capital
₹3.75 Cr
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹124.5 Cr
Satisfied ₹10 Cr
Company age
7 yrs
Est. 2019
Employees · EPFO
67
Provident fund records
About Blu-Smart Charge Private Limited
Data last updated:
Blu-Smart Charge Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Blu-Smart Mobility Private Limited and recognised as a startup by DPIIT. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 14 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U63090GJ2019PTC106065. Its GSTIN is 07AAHCG6374P1ZV (Delhi). The company holds 6 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹3.75 Cr and a paid-up capital of ₹1 Lakh. It was formerly known as Gensol Charge Private Limited. It is led by directors including Puneet Singh Jaggi and Anmol Singh Jaggi.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹68.38 Cr, a growth of 121% compared to the previous year. For the same year it recorded a net loss of ₹27.48 Cr (net margin -40.2%) and EBITDA of ₹13.13 Cr (EBITDA margin 19.2%). Revenue has grown at a compounded annual rate (CAGR) of 177% over three years and 274% over five years.
The company has about 67 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: BluSmart and Gensol. As per MCA filings, the company has open charges of ₹124.5 Cr and satisfied charges of ₹10 Cr on record. Court records list 24 cases involving the company, including 24 filed against it; 9 cases are pending. The company has 8 deals on record (5 funding rounds, 2 debt financings, 1 secondary share transfer), with disclosed funding of ₹35.62 Cr; the latest was in December 2024.
Blu-Smart Charge Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-10-0009454). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gensol.in.
Company details
CIN U63090GJ2019PTC106065
Registration Number 106065
Incorporation Date 14 January 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Blu-Smart Mobility Private Limited
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Medium
Udyam Registration UDYAM-DL-10-0009454
Key People
Puneet Singh Jaggi Director Anmol Singh Jaggi Director Utsav Chirag Sheth Additional Director Recognitions & Rankings of Blu-Smart Charge
MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-DL-10-0009454
Contact details
Blu-Smart Charge Private Limited's registered office is in Ahmedabad, Gujarat. Its website is gensol.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address15th Floor A Block, Westgate Business Bay S G Road, Ahmedabad, Gujarat, India – 380051
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Blu-Smart Charge Private Limited, buy the company report.
Comprehensive company report
Blu-Smart Charge 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
Blu-Smart Charge operates two associated brands: BluSmart and Gensol. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electric ride-hailing and cab services are provided via mobile app. | blu-smart.com | |
| Provider of solar advisory and execution services | gensol.in |
Business activity
The main business activity of Blu-Smart Charge is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Blu-Smart Charge Private Limited, buy the company report.
Financials of Blu-Smart Charge Private Limited
FY 2024 filings availableBlu-Smart Charge Private Limited reported revenue of ₹68.38 Cr (up 121% YoY) for FY 2024.
Revenue · FY 2024
₹68.38 Cr ▲ 121%
Net loss · FY 2024
₹27.48 Cr margin -40.2%
EBITDA · FY 2024
₹13.13 Cr margin 19.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 121%
3 years · compounded
▲ 177%
5 years · compounded
▲ 274%
EBITDA CAGR growth
1 year
▲ 84%
3 years · compounded
▲ 267%
5 years · compounded
▲ 164%
Revenue has grown at a compounded annual rate (CAGR) of 274% over five years, including 121% growth in the latest year. EBITDA rose 84% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹13.13 Cr | ||||
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| Net Profit (PAT) | -₹27.48 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 19.2% | ||||
| Net Profit Margin | -40.2% | ||||
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To see the full financial statements and ratios of Blu-Smart Charge Private Limited, buy the company report.
Board of directors of Blu-Smart Charge Private Limited
Blu-Smart Charge has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Puneet Singh Jaggi | Director | 14 Jan 2019 | 7 Years 9 Months | Current |
| Anmol Singh Jaggi | Director | 14 Jan 2019 | 7 Years 9 Months | Current |
| Utsav Chirag Sheth | Additional Director | 08 Sep 2025 | 1 Years 1 Months | Current |
| Bhavesh Gunvantrai Kothari | Additional Director | 08 Sep 2025 | 1 Years 1 Months | Current |
Auditor
Blu-Smart Charge Private Limited is audited by S S KOTHARI MEHTA & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S S KOTHARI MEHTA & COMPANY | FY 2023 | 000756N |
Shareholding
The shareholding of Blu-Smart Charge Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Blu-Smart Charge Private Limited, buy the company report.
Charges & borrowings
Open charges
₹124.5 Cr
Satisfied charges
₹10 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Dec 2023 | 100826351 | Others | ₹124.5 Cr | Open | |
| 01 Jun 2023 | 100732959 | Others | ₹10 Cr | Satisfied |
To see the full charge records of Blu-Smart Charge Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Blu-Smart Charge Private Limited has 8 deals on record (5 funding rounds, 2 debt financings, 1 secondary share transfer), with disclosed funding of ₹35.62 Cr; the latest was in December 2024.
Total deals
8
Funding rounds
5
Debt financings
2
Secondary share transfer
1
Disclosed funding
₹35.62 Cr
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2024 | Debt financing | ₹3 Cr | Investors: Karnation Fund I |
| Sep 2022 | Funding round | ₹10.72 Cr | Investors: Blu-smart Mobility Private Limited |
| Apr 2022 | Funding round | ₹6.98 Cr | Investors: Blu-smart Mobility Private Limited |
| Feb 2022 | Debt financing | ₹10 Cr | Investors: Karnation Fund I |
| Oct 2021 | Funding round | ₹1.86 Cr | Investors: Blu-smart Mobility Private Limited |
To see the full deal history of Blu-Smart Charge Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Blu-Smart Charge Private Limited has 24 court cases on record: 24 filed against it. 9 cases are pending and 15 are disposed.
Total cases
24
Filed against the company
24
Pending
9
Disposed
15
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 11 | 11 | 4 |
| High courts | 7 | 7 | 0 |
| District courts | 6 | 6 | 5 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by Catalyst Trusteeship Limited | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by G Pee Power Pvt Ltd | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by M/S Mogli Labs India Pvt Ltd | Pending |
| NCLAT, NCLAT New Delhi | Company appeal | Filed against the company by Blu Smart Fleet Private Limited and 1 other | Disposed |
| District court, Gurugram, Haryana | Arbitration matter | Filed against the company by Ocus Skyscrapers Realty Private Limited | Disposed |
To see the full case history of Blu-Smart Charge Private Limited, buy the company report.
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
No delayed payments to MSME suppliers are on our record for Blu-Smart Charge Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Blu-Smart Charge Private Limited has a workforce of 67 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
67
Active EPFO establishments
1
Employee growth
123.33%
GST
Blu-Smart Charge has 6 GST registrations: 5 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
6
Active
5
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAHCG6374P1ZV | Delhi | Active | 06 Apr 2019 |
| 27AAHCG6374P1ZT | Maharashtra | Active | 20 May 2019 |
| 06AAHCG6374P1ZX | Haryana | Active | 12 Jun 2019 |
| 29AAHCG6374P1ZP | Karnataka | Active | 16 Jun 2022 |
To see the full GST registrations and return filing status of Blu-Smart Charge Private Limited, buy the company report.
Recent activity
Blu-Smart Charge Private Limited has 4 board changes on record since 2019: 4 appointments. The latest: Bhavesh Gunvantrai Kothari was appointed as Additional Director on 08 Sep 2025.
Appointed
Bhavesh Gunvantrai Kothari was appointed as Additional Director.
Appointed
Utsav Chirag Sheth was appointed as Additional Director.
AGM
Blu-Smart Charge Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 01 Jun 2023 via Charge ID 100732959 with Others was fully satisfied on 08 Aug 2024.
Filing
Blu-Smart Charge Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 124.50 Cr with Charge ID 100826351 was registered on 07 Dec 2023.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100732959 was registered on 01 Jun 2023.
Appointed
Anmol Singh Jaggi was appointed as Director.
Appointed
Puneet Singh Jaggi was appointed as Director.
Incorporation
14 Jan 2019
Blu-Smart Charge Private Limited was registered on 14 Jan 2019 with Roc Ahmedabad & aged 7 years 9 months as per MCA records.
News
Frequently asked questions
Blu-Smart Charge is an active private limited company based in Ahmedabad, Gujarat, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 14 January 2019 (7+ years old) and is registered under CIN U63090GJ2019PTC106065.
Blu-Smart Charge has 4 current directors:
- Puneet Singh Jaggi - Director
- Anmol Singh Jaggi - Director
- Utsav Chirag Sheth - Additional Director
- Bhavesh Gunvantrai Kothari - Additional Director
The latest financial statements of Blu-Smart Charge on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Blu-Smart Charge is 07AAHCG6374P1ZV, registered in Delhi. The company has 6 GST registrations in all, of which 5 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAHCG6374P1ZT (Maharashtra), 06AAHCG6374P1ZX (Haryana), 29AAHCG6374P1ZP (Karnataka).
The CIN (Corporate Identification Number) of Blu-Smart Charge is U63090GJ2019PTC106065. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Blu-Smart Charge has 24 court cases on record: 24 filed against it. 9 are pending. Most are in the nclat.
Blu-Smart Charge was incorporated on 14 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Blu-Smart Charge has 8 deals on record (5 funding rounds, 2 debt financings, 1 secondary share transfer), with disclosed funding of ₹35.62 Cr; the latest was in December 2024.
Bhavesh Gunvantrai Kothari was appointed as Additional Director on 08 Sep 2025. Utsav Chirag Sheth was appointed as Additional Director on 08 Sep 2025. Anmol Singh Jaggi was appointed as Director on 14 Jan 2019. Blu-Smart Charge has 4 board changes on record in total.
Yes, Blu-Smart Charge is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).