About Blu-Smart Mobility Tech Private Limited
Data last updated:
Blu-Smart Mobility Tech Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Blu-Smart Mobility Private Limited. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 09 January 2019.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U63030GJ2019PTC105970. Its GSTIN is 06AAHCG6286C1ZL (Haryana). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹11.55 Cr and a paid-up capital of ₹1 Lakh. It was formerly known as Gensol Mobility Tech 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 ₹6.15 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹268.1 Cr and EBITDA of -₹228.93 Cr. Revenue has grown at a compounded annual rate (CAGR) of 62% over three years and 381% over five years.
The company has about 158 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: BluSmart. Court records list 11 cases involving the company, including 11 filed against it; 5 cases are pending. The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹85.64 Cr; the latest was in August 2021. Its 10 peer companies in the same principal business activity (Other professional, scientific and technical activities) are compared by revenue, 5 larger and 5 smaller; the largest is Arcus Policy Research Private Limited with revenue of ₹6.16 Cr.
The last known website on record is blu-smart.com.
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- Registered Address15th Floor A Block, Westgate Business Bay S. G. Road, Ahmedabad, Gujarat, India – 380051
- IndustryInformation Technology, IT Consulting & Support Services
- 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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Business Activity of Blu-Smart Mobility Tech Private Limited
The main business activity of Blu-Smart Mobility Tech 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 Blu-Smart Mobility Tech Private Limited FY 2024 filings available
Blu-Smart Mobility Tech Private Limited reported revenue of ₹6.15 Cr (up 236% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Blu-Smart Mobility Tech Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 381% over five years, including 236% growth in the latest year. EBITDA fell 97% 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 Blu-Smart Mobility Tech 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 | -₹228.93 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹268.1 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 Blu-Smart Mobility Tech Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Blu-Smart Mobility Tech are in the company report.
Financial statements from FY 2019
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 Blu-Smart Mobility Tech Private Limited
Blu-Smart Mobility Tech Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other professional, scientific and technical activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Arcus Policy Research Private Limited | ₹6.16 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Delhi, India |
| Iamax Precision India Private Limited | ₹6.16 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Coimbatore, Tamil Nadu, India |
| Class One Systems Solutions & Technology Private Limited | ₹6.16 Cr (FY 2025) | •••• | •••• | 65.0% | •••• | New Delhi, Delhi, India |
| Copernicium Pharmaceuticals Private Limited | ₹6.15 Cr (FY 2024) | •••• | •••• | 5.0% | •••• | Bangalore, Karnataka, India |
| Rda Global Logistics (I) Private Limited | ₹6.15 Cr (FY 2023) | •••• | •••• | 12.0% | •••• | Delhi, India |
| Blu-Smart Mobility Tech Private Limited this company | ₹6.15 Cr (FY 2024) | •••• | •••• | 236.0% | •••• | Ahmedabad, Gujarat, India |
| Zkonsult Innovative Solutions Private Limited | ₹6.15 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | New Delhi, Delhi, India |
| Indigloo Softwares Private Limited | ₹6.15 Cr (FY 2025) | •••• | •••• | 63.0% | •••• | Mumbai, Maharashtra, India |
| Ravi Hydro Power Project (OPC) Private Limited | ₹6.15 Cr (FY 2024) | •••• | •••• | 211.0% | •••• | Dalhousie, Himachal Pradesh, India |
| Safearth Clean Technologies Private Limited | ₹6.15 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | Ranchi, Jharkhand, India |
| Privi Biotechnologies Private Limited | ₹6.15 Cr (FY 2025) | •••• | •••• | -32.0% | •••• | Navi Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Blu-Smart Mobility Tech by revenue in the same principal business activity (Other professional, scientific and technical activities), 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 Blu-Smart Mobility Tech Private Limited
Blu-Smart Mobility Tech Private Limited is audited by S S KOTHARI MEHTA & COMPANY for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S S KOTHARI MEHTA & COMPANY | 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 Blu-Smart Mobility Tech Private Limited
Blu-Smart Mobility Tech has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Puneet Singh Jaggi | Director | 09 Jan 2019 | 7 Years 9 Months | As last reported |
| Anmol Singh Jaggi | Director | 09 Jan 2019 | 7 Years 9 Months | As last reported |
| Utsav Chirag Sheth | Additional Director | 08 Sep 2025 | 1 Years 1 Months | As last reported |
| Bhavesh Gunvantrai Kothari Also directs: Blu-Smart Premium Fleet Private Limited, Blu-Smart Charge Private Limited, Unimoni Enterprise Solutions Private Limited and 1 more | Additional Director | 08 Sep 2025 | 1 Years 1 Months | As last reported |
Ownership and Shareholding of Blu-Smart Mobility Tech 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 Blu-Smart Mobility Tech Private Limited
Blu-Smart Mobility Tech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Blu-Smart Mobility Tech Private Limited
Blu-Smart Mobility Tech Private Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹85.64 Cr; the latest was in August 2021.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2021 | Funding round | ₹62.01 Cr | Investors: Blu-smart Mobility Private Limited |
| Apr 2021 | Funding round | ₹4.62 Cr | Investors: Blu-smart Mobility Private Limited |
| Mar 2020 | Funding round | ₹19.02 Cr | Investors: Blu-smart Mobility Private Limited |
| May 2019 | Secondary share transfer | Undisclosed | Buyer: Blu-smart Mobility Private Limited Seller: 2 individuals |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Blu-Smart Mobility Tech Private Limited
Blu-Smart Mobility Tech Private Limited has 11 court cases on record: 11 filed against it. 5 cases are pending and 6 are disposed. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 10 | 10 | 4 |
| District courts | 1 | 1 | 1 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, New Delhi | Company appeal | Filed against the company by Blu-Smart Fleet Private Limited and 1 other | Disposed |
| NCLAT, New Delhi | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| NCLAT, New Delhi | Company appeal | Filed against the company by an individual | Pending |
| District court, Central, Delhi | Cheque dishonour complaint | Filed against the company by an individual | Pending |
| NCLAT, New Delhi | Company appeal | Filed against the company by an individual | Disposed |
Full case history
All 11 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.
Associated Brands with Blu-Smart Mobility Tech Private Limited
Blu-Smart Mobility Tech operates one associated brand: BluSmart. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electric ride-hailing and cab services are provided via mobile app. | blu-smart.com |
Employees and EPFO Compliance at Blu-Smart Mobility Tech Private Limited
Blu-Smart Mobility Tech Private Limited has a workforce of 158 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.
Name History of Blu-Smart Mobility Tech Private Limited
Blu-Smart Mobility Tech has undergone 2 name changes throughout its history. The company was previously known as Blu-Smart Mobility Tech Private Limited, and Gensol Mobility Tech Private Limited. The current legal name is Blu-Smart Mobility Tech Private Limited.
| Company Name | Status |
|---|---|
| Blu-Smart Mobility Tech Private Limited | Current |
| Gensol Mobility Tech Private Limited | Previous |
Recent Activity on Blu-Smart Mobility Tech Private Limited
Blu-Smart Mobility Tech 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.
Credit Ratings, Litigation & Regulatory Alerts for Blu-Smart Mobility Tech 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 Blu-Smart Mobility Tech 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 Blu-Smart Mobility Tech 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 Blu-Smart Mobility Tech Private Limited
Blu-Smart Mobility Tech has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAHCG6286C1ZL | Haryana | Active | 06 Sep 2019 |
| 07AAHCG6286C1ZJ | Delhi | Active | 20 Mar 2020 |
| 29AAHCG6286C1ZD | Karnataka | Active | 16 Jun 2022 |
| 27AAHCG6286C1ZH | Maharashtra | Active | 05 Dec 2024 |
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 Blu-Smart Mobility Tech 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.
Related news about Blu-Smart Mobility Tech Private Limited
Frequently Asked Questions about Blu-Smart Mobility Tech Private Limited
Blu-Smart Mobility Tech is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Blu-Smart Mobility Tech is a company under insolvency, formerly operating as a private limited company based in Ahmedabad, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 09 January 2019 and is registered under CIN U63030GJ2019PTC105970. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Blu-Smart Mobility Tech reported revenue of ₹6.15 Cr for FY 2024 (up 236% YoY).
Blu-Smart Mobility Tech has 4 current directors:
- Puneet Singh Jaggi - Director
- Anmol Singh Jaggi - Director
- Utsav Chirag Sheth - Additional Director
- Bhavesh Gunvantrai Kothari - Additional Director
Blu-Smart Mobility Tech reported a net loss of ₹268.1 Cr and EBITDA of -₹228.93 Cr for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Blu-Smart Mobility Tech is 62% over three years and 381% over five years. In the latest year (FY 2024) revenue rose 236%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Blu-Smart Mobility Tech is U63030GJ2019PTC105970. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Blu-Smart Mobility Tech has 11 court cases on record: 11 filed against it. 5 are pending. Most are in the nclat.
Blu-Smart Mobility Tech was incorporated on 09 January 2019. It is registered with the Registrar of Companies, Ahmedabad.
Blu-Smart Mobility Tech has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹85.64 Cr; the latest was in August 2021.
The peers of Blu-Smart Mobility Tech by revenue are Arcus Policy Research Private Limited, Iamax Precision India Private Limited, Class One Systems Solutions & Technology Private Limited, Copernicium Pharmaceuticals Private Limited, Rda Global Logistics (I) Private Limited and 5 more, all in the same principal business activity (Other professional, scientific and technical activities).