- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-22-0108065

Bsas Infotech Limited
About Bsas Infotech Limited
Data last updated:
Bsas Infotech Limited is a public limited company based in Surat, Gujarat, India. It operates in the investment banking and advisory segment of the financial services sector. It was incorporated on 08 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U67120GJ2008PLC053529. Its GSTIN is 24AADCB4202B2ZL (Gujarat). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Bsas Infotech Private Limited and Blue Sky Advisory Services Limited. It is led by directors including Mukeshkumar Devidutt Kabra and Varsha Shrawan Agarwal.
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 D – 91 – 92 Laxminarayan Industrai Estate Nr.Brc Compound Udhna Bhestan Road Udh, Surat, Gujarat, India – 394210.
As per the financials filed for FY 2025, the company reported a revenue of ₹43.97 Cr, a decline of 32% compared to the previous year. For the same year it recorded a net profit of ₹16.98 Cr (net margin 38.6%) and EBITDA of ₹25.74 Cr (EBITDA margin 58.5%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 56% over five years.
As per MCA filings, the company has satisfied charges of ₹10 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Bsas Infotech Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0108065). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Bsas Infotech has undergone 3 name changes throughout its history. The company was previously known as Bsas Infotech Private Limited, Blue Sky Advisory Services Limited, and Blue Sky Advisory Services Private Limited. The current legal name is Bsas Infotech Limited.
| Company Name | Status |
|---|---|
| Bsas Infotech Limited | Current |
| Bsas Infotech Private Limited | Previous |
| Blue Sky Advisory Services Limited | Previous |
| Blue Sky Advisory Services Private Limited | Previous |
CIN history
Bsas Infotech has one previous CIN (Corporate Identification Number): U67120GJ2008PTC053529. The current CIN is U67120GJ2008PLC053529, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120GJ2008PLC053529 | Current |
| U67120GJ2008PTC053529 | Previous |
Recognitions & Rankings of Bsas Infotech
Contact details
Bsas Infotech Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressD – 91 – 92 Laxminarayan Industrai Estate Nr.Brc Compound Udhna Bhestan Road Udh, Surat, Gujarat, India – 394210
- IndustryFinancial Services, Investment Banking & Advisory
To see the full contact details of Bsas Infotech Limited, buy the company report.
- 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
Business activity
The main business activity of Bsas Infotech is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Bsas Infotech Limited, buy the company report.
Financials of Bsas Infotech Limited
FY 2024 filings availableBsas Infotech Limited reported revenue of ₹43.97 Cr (down 32% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 32% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 56%. EBITDA fell 42% 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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| EBITDA | ₹25.74 Cr | ||||
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| Net Profit (PAT) | ₹16.98 Cr | ||||
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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 | 58.5% | ||||
| Net Profit Margin | 38.6% | ||||
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To see the full financial statements and ratios of Bsas Infotech Limited, buy the company report.
Board of directors of Bsas Infotech Limited
Bsas Infotech has 6 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukeshkumar Devidutt Kabra Also directs: Khemani Distributors & Marketing Limited | Director | 23 Nov 2024 | 1 Years 11 Months | Current |
| Varsha Shrawan Agarwal Also directs: Gryffin Advisory Services Private Limited | Director | 23 Nov 2024 | 1 Years 11 Months | Current |
| Vijaykumar Khemani Also directs: Thinkai Solutions LLP, Tibbs Foods Private Limited, Khemani Distributors & Marketing Limited and 4 more | Director | 19 Jun 2008 | 18 Years 4 Months | Current |
| Amitkumar Vijaykumarji Khemani Also directs: Khemani Distributors & Marketing Limited, Stepup Arogyam India Private Limited, Onyx Saas Private Limited and 1 more | Director | 19 Jun 2008 | 18 Years 4 Months | Current |
| Vikas Vijaykumar Khemani Also directs: Carnelian Capital Advisors LLP, Carnelian Asset Management LLP, Thinkai Solutions LLP and 5 more | Director | 29 Sep 2010 | 16 Years 1 Months | Current |
| Amit Mahavirprasad Jain Also directs: JB Growth Ventures LLP | Director | 23 Nov 2024 | 1 Years 11 Months | Current |
Peer comparison
Bsas Infotech Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Investment Banking), with the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pioneer Investcorp Limited | ₹47.02 Cr (FY 2025) | 15.0% | Mumbai, Maharashtra, India | |||
| Afco Investments Services Private Limited | ₹44.88 Cr (FY 2025) | -89.0% | Mumbai, Maharashtra, India | |||
| Bsas Infotech Limitedthis company | ₹43.97 Cr (FY 2025) | ₹16.98 Cr | 38.6% | -32.0% | Surat, Gujarat, India | |
| Vivro Financial Services Private Limited | ₹43.55 Cr (FY 2025) | 277.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Bsas Infotech Limited, buy the company report.
Auditor
Bsas Infotech Limited is audited by C.P. JARIA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C.P. JARIA & CO. | FY 2023 | 104058W |
Shareholding
The shareholding of Bsas Infotech Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bsas Infotech Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Dec 2010 | 10256383 | Standard Chartered Bank | ₹10 Cr | Satisfied |
To see the full charge records of Bsas Infotech Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Bsas Infotech Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Court case (TAXAP) | Filed against the company by The Principal Commissioner of Income Tax-1 ,Surat | Pending |
To see the full case history of Bsas Infotech 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 Bsas Infotech Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Bsas Infotech has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
Bsas Infotech has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCB4202B2ZL | Gujarat | Active | 17 Apr 2025 |
| 27AADCB4202B1ZG | Maharashtra | Active | 04 Aug 2017 |
To see the full GST registrations and return filing status of Bsas Infotech Limited, buy the company report.
Recent activity
Bsas Infotech Limited has 9 board changes on record since 2008: 6 appointments and 3 cessations. The latest: Amit Mahavirprasad Jain was appointed as Director on 23 Nov 2024.
2 earlier events are in the company report.
Frequently asked questions
Bsas Infotech is an active public limited company based in Surat, Gujarat, India. The company works in investment banking and advisory, within the financial services industry. It was incorporated on 08 April 2008 (18+ years old) and is registered under CIN U67120GJ2008PLC053529.
Bsas Infotech has 6 current directors:
- Mukeshkumar Devidutt Kabra - Director
- Varsha Shrawan Agarwal - Director
- Vijaykumar Khemani - Director
- Amitkumar Vijaykumarji Khemani - Director
- Vikas Vijaykumar Khemani - Director
- Amit Mahavirprasad Jain - Director
The latest financial statements of Bsas Infotech 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 2015 are in the company report.
The GSTIN of Bsas Infotech is 24AADCB4202B2ZL, registered in Gujarat. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 27AADCB4202B1ZG (Maharashtra).
The CIN (Corporate Identification Number) of Bsas Infotech is U67120GJ2008PLC053529. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bsas Infotech has 1 court case on record: 1 filed against it. 1 is pending.
Bsas Infotech was incorporated on 08 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Bsas Infotech by revenue are Pioneer Investcorp Limited, Afco Investments Services Private Limited, Vivro Financial Services Private Limited, all in the BFSI industry (Investment Banking), with the same principal business activity (financial advisory, brokerage and consultancy services).
Amit Mahavirprasad Jain was appointed as Director on 23 Nov 2024. Mukeshkumar Devidutt Kabra was appointed as Director on 23 Nov 2024. Varsha Shrawan Agarwal was appointed as Director on 23 Nov 2024. Bsas Infotech has 9 board changes on record in total.
Yes, Bsas Infotech is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-22-0108065).
The registered office of Bsas Infotech is at D – 91 – 92 Laxminarayan Industrai Estate Nr.Brc Compound Udhna Bhestan Road Udh, Surat, Gujarat, India – 394210.

