- #1,427 Ajit Abraham Isaac ₹1,500 Cr

Bluspring Enterprises Limited
About Bluspring Enterprises Limited
Data last updated:
Bluspring Enterprises Limited is a public limited company based in Bangalore, Karnataka, India. It was incorporated on 11 February 2024.
Its director Ajit Abraham Isaac is #1,427 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN L81100KA2024PLC184648. It is a listed company as per MCA records. Its shares are listed on BSE: 544414 and NSE: BLUSPRING.
The company has an authorised share capital of ₹175 Cr and a paid-up capital of ₹149.5 Cr. It is led by directors including Kamal Pal Hoda (Whole-Time Director) and Anish Thurthi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Bangalore, Karnataka.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹3,382.03 Cr, a decline of 2.9% compared to the previous year. For the same year it recorded a net profit of ₹2.23 Cr (net margin 0.1%) and EBITDA of ₹17.52 Cr (EBITDA margin 0.5%). The net worth stands at ₹668.34 Cr (down 3.9% YoY). Total assets are valued at ₹1,026.17 Cr (up 1.6% YoY).
As per MCA filings, the company has open charges of ₹770 Cr on record. Court records list 15 cases involving the company, including 13 filed by the company and 2 filed against it; 11 cases are pending. The company has 6 deals on record (6 market trades); the latest was in June 2026. Its 10 peer companies in the Business Services industry (Facility Management Services) are compared by revenue, 5 larger and 5 smaller; the largest is Sis Limited with revenue of ₹13,257 Cr.
Company details
CIN history
Bluspring Enterprises has one previous CIN (Corporate Identification Number): U81100KA2024PLC184648. The current CIN is L81100KA2024PLC184648, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L81100KA2024PLC184648 | Current |
| U81100KA2024PLC184648 | Previous |
Recognitions & Rankings of Bluspring Enterprises
Contact details
Bluspring Enterprises Limited's registered office is in Bangalore, Karnataka.
- Registered Address3/3/2 Bellandur Gate, Sarjapur Main Road, Bangalore, Karnataka, India – 560103
- 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
Financials of Bluspring Enterprises Limited
FY 2025-26 filings availableBluspring Enterprises Limited reported revenue of ₹3,382.03 Cr (down 2.9% YoY) for FY 2025-26.
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Revenue from Operations | ₹3,382.03 Cr | ₹3,483.57 Cr | ₹2,682.07 Cr |
| Other Income | ₹39.52 Cr | ₹5.11 Cr | ₹4.7 Cr |
| Cost of Materials Consumed | - | - | ₹171.88 Cr |
| Employee Benefit Expense | ₹2,690.18 Cr | ₹2,726.34 Cr | ₹2,094.73 Cr |
| Finance Costs | ₹34.49 Cr | ₹38.44 Cr | ₹30.31 Cr |
| Depreciation & Amortisation | ₹46.99 Cr | ₹50.5 Cr | ₹39.03 Cr |
| Other Expenses | ₹143.78 Cr | ₹161.56 Cr | ₹129.16 Cr |
| Total Expenses | ₹3,364.51 Cr | ₹3,569.42 Cr | ₹2,766.67 Cr |
| Profit Before Tax | -₹24.44 Cr | -₹169.68 Cr | -₹149.24 Cr |
| Total Tax Expense | -₹1.4 Cr | ₹9.46 Cr | ₹6.61 Cr |
| Net Profit | ₹2.23 Cr | -₹26.65 Cr | ₹25.45 Cr |
| EBITDA (computed) | ₹17.52 Cr | -₹85.85 Cr | -₹84.6 Cr |
| Basic EPS | ₹-1.03 | ₹-9.90 | ₹0.00 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Total Assets | ₹1,026.17 Cr | ₹1,010.35 Cr | ₹1,052.49 Cr |
| Current Assets | ₹1,004.6 Cr | ₹899.73 Cr | ₹903.44 Cr |
| Property, Plant & Equipment | ₹512.5 Cr | ₹502.32 Cr | ₹495.18 Cr |
| Inventories | ₹6.96 Cr | ₹7.48 Cr | ₹6.64 Cr |
| Trade Receivables | ₹877.12 Cr | ₹775.98 Cr | ₹802.21 Cr |
| Cash & Equivalents | ₹54.61 Cr | ₹68.21 Cr | ₹51.69 Cr |
| Equity (Net Worth) | ₹668.34 Cr | ₹695.14 Cr | ₹717.74 Cr |
| Equity Share Capital | ₹149.13 Cr | ₹148.95 Cr | ₹148.95 Cr |
| Total Debt (computed) | ₹135.89 Cr | ₹139.86 Cr | ₹159.76 Cr |
| Current Liabilities | ₹659.66 Cr | ₹519.41 Cr | ₹476.89 Cr |
| Total Liabilities | ₹1,026.17 Cr | ₹1,010.35 Cr | ₹1,052.49 Cr |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Operating Cash Flow | ₹51.6 Cr | -₹22.12 Cr | -₹83.61 Cr |
| Investing Cash Flow | ₹36.08 Cr | ₹146.02 Cr | -₹16.55 Cr |
| Financing Cash Flow | -₹37.81 Cr | -₹67.51 Cr | -₹30.26 Cr |
| Net Change in Cash | ₹49.87 Cr | ₹56.39 Cr | -₹130.42 Cr |
| Metrics | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹949.29 Cr | ₹864.8 Cr | ₹862.53 Cr | ₹857.48 Cr | ₹797.23 Cr | ₹801.51 Cr | ₹790.92 Cr | ₹770.43 Cr | ₹723.42 Cr |
| Other Income | ₹5.45 Cr | ₹6.59 Cr | ₹2.13 Cr | ₹5.29 Cr | ₹87 Lakh | ₹42 Lakh | ₹1.18 Cr | ₹2.13 Cr | ₹30 Lakh |
| Total Income | ₹949.29 Cr | ₹864.8 Cr | ₹862.53 Cr | ₹857.48 Cr | ₹797.23 Cr | ₹801.51 Cr | ₹790.92 Cr | ₹770.43 Cr | ₹723.42 Cr |
| Finance Costs | ₹9.83 Cr | ₹7.48 Cr | ₹11.06 Cr | ₹7.79 Cr | ₹7.49 Cr | ₹7.93 Cr | ₹6.9 Cr | ₹11.73 Cr | ₹6.96 Cr |
| Depreciation & Amortisation | ₹13.81 Cr | ₹10.8 Cr | ₹11.21 Cr | ₹12.69 Cr | ₹12.29 Cr | ₹11.47 Cr | ₹11.45 Cr | ₹11.53 Cr | ₹10.7 Cr |
| Profit Before Tax | ₹2.36 Cr | ₹7.95 Cr | -₹26.04 Cr | ₹2.17 Cr | -₹8.51 Cr | -₹20.4 Cr | -₹151.97 Cr | ₹1.45 Cr | ₹1.31 Cr |
| Total Tax Expense | ₹3.94 Cr | ₹4.13 Cr | -₹2.81 Cr | -₹1.36 Cr | -₹1.35 Cr | ₹2.84 Cr | ₹6.15 Cr | -₹35 Lakh | ₹1.3 Cr |
| Net Profit | -₹1.58 Cr | ₹3.82 Cr | -₹23.23 Cr | ₹3.53 Cr | -₹7.16 Cr | -₹23.24 Cr | -₹158.12 Cr | ₹1.8 Cr | ₹1 Lakh |
| EBITDA (computed) | ₹20.55 Cr | ₹19.64 Cr | -₹5.9 Cr | ₹17.36 Cr | ₹10.4 Cr | -₹1.42 Cr | -₹134.8 Cr | ₹22.58 Cr | ₹18.67 Cr |
| Basic EPS | ₹-0.03 | ₹0.27 | ₹-1.34 | ₹0.35 | ₹-0.32 | ₹-1.33 | ₹-10.53 | ₹0.26 | ₹0.00 |
| Metrics | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Revenue from Operations | ₹2,311.76 Cr | ₹2,322.38 Cr |
| Other Income | ₹40.28 Cr | ₹11.92 Cr |
| Employee Benefit Expense | ₹1,790.48 Cr | ₹1,815.93 Cr |
| Finance Costs | ₹18.57 Cr | ₹19.46 Cr |
| Depreciation & Amortisation | ₹26.09 Cr | ₹28.8 Cr |
| Other Expenses | ₹73.96 Cr | ₹68.22 Cr |
| Total Expenses | ₹2,301.46 Cr | ₹2,367.06 Cr |
| Profit Before Tax | ₹5.92 Cr | -₹81.02 Cr |
| Total Tax Expense | -₹10.87 Cr | ₹1.46 Cr |
| Net Profit | ₹36.64 Cr | ₹34 Lakh |
| EBITDA (computed) | ₹10.3 Cr | -₹44.68 Cr |
| Basic EPS | ₹1.13 | ₹-4.75 |
| Metrics | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Total Assets | ₹1,052.37 Cr | ₹982.81 Cr |
| Current Assets | ₹664.18 Cr | ₹564 Cr |
| Property, Plant & Equipment | ₹350.47 Cr | ₹331.99 Cr |
| Inventories | ₹6.96 Cr | ₹6.34 Cr |
| Trade Receivables | ₹572.25 Cr | ₹475.47 Cr |
| Cash & Equivalents | ₹36.53 Cr | ₹52.75 Cr |
| Equity (Net Worth) | ₹869.27 Cr | ₹863.56 Cr |
| Equity Share Capital | ₹149.13 Cr | ₹148.95 Cr |
| Total Debt (computed) | ₹71.48 Cr | ₹53.96 Cr |
| Current Liabilities | ₹438.34 Cr | ₹300.63 Cr |
| Total Liabilities | ₹1,052.37 Cr | ₹982.81 Cr |
| Metrics | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Operating Cash Flow | ₹62.6 Cr | ₹12.39 Cr |
| Investing Cash Flow | -₹9.31 Cr | ₹102.58 Cr |
| Financing Cash Flow | -₹17.02 Cr | -₹70.12 Cr |
| Net Change in Cash | ₹36.27 Cr | ₹44.85 Cr |
| Metrics | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹597.6 Cr | ₹595.33 Cr | ₹591.45 Cr | ₹584.61 Cr | ₹540.37 Cr | ₹541.2 Cr | ₹531.42 Cr | ₹508.27 Cr | ₹485.03 Cr |
| Other Income | ₹3.54 Cr | ₹3.56 Cr | ₹2.76 Cr | ₹3.11 Cr | ₹2.6 Cr | ₹3.3 Cr | ₹1.28 Cr | ₹1.88 Cr | ₹4.79 Cr |
| Total Income | ₹597.6 Cr | ₹595.33 Cr | ₹591.45 Cr | ₹584.61 Cr | ₹540.37 Cr | ₹541.2 Cr | ₹531.42 Cr | ₹508.27 Cr | ₹485.03 Cr |
| Finance Costs | ₹4 Cr | ₹4.23 Cr | ₹5.63 Cr | ₹4.3 Cr | ₹4.05 Cr | ₹3.08 Cr | ₹3.22 Cr | ₹5.42 Cr | ₹5.48 Cr |
| Depreciation & Amortisation | ₹7.11 Cr | ₹5.39 Cr | ₹6.49 Cr | ₹7.18 Cr | ₹7.04 Cr | ₹6.33 Cr | ₹6.19 Cr | ₹6.21 Cr | ₹6.81 Cr |
| Total Expenses | ₹584.71 Cr | ₹567.04 Cr | ₹599.12 Cr | ₹574.64 Cr | ₹532.76 Cr | ₹547.19 Cr | ₹603.43 Cr | ₹498.78 Cr | ₹470.76 Cr |
| Profit Before Tax | ₹5.32 Cr | ₹22.23 Cr | -₹17.03 Cr | ₹1.6 Cr | -₹88 Lakh | -₹12.1 Cr | -₹80.14 Cr | -₹26 Lakh | ₹6.77 Cr |
| Total Tax Expense | ₹1.35 Cr | ₹47 Lakh | -₹4.62 Cr | -₹4.55 Cr | -₹2.18 Cr | ₹1.22 Cr | -₹4.56 Cr | ₹5.77 Cr | ₹29 Lakh |
| EBITDA (computed) | ₹12.89 Cr | ₹28.29 Cr | -₹7.67 Cr | ₹9.97 Cr | ₹7.61 Cr | -₹5.99 Cr | -₹72.01 Cr | ₹9.49 Cr | ₹14.27 Cr |
To see the full year-wise statements and ratios of Bluspring Enterprises Limited, buy the company report.
Board of directors and KMP of Bluspring Enterprises Limited
Bluspring Enterprises Limited currently reports 9 directors and 1 key managerial person. 2 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anish Thurthi Also directs: Digitide Solutions Limited, Quess Corp Limited, Anchorage Infrastructure Investments Holdings Limited and 1 more | Director | 28 Mar 2025 | 1 Years 6 Months | Current |
| Kamal Pal Hoda Also directs: Monster.Com (India) Private Limited, Vedang Cellular Services Private Limited, Bluspring New Horizon One Private Limited and 1 more | Whole-Time Director | 11 Feb 2024 | 2 Years 8 Months | Current |
| Ajit Abraham Isaac | Director | 28 Mar 2025 | 1 Years 6 Months | Current |
| Sanjay Anandaram Also directs: Alldigi Tech Limited, Aadrutha Consultants LLP, Syzygy Consultants Private Limited and 4 more | Director | 28 Mar 2025 | 1 Years 6 Months | Current |
| Kundan Kumar Lal | Individual Subscriber | 11 Feb 2024 | 2 Years 8 Months | Current |
| Gopalakrishnan Soundarajan Also directs: Digitide Solutions Limited, Quess Corp Limited, Thomas Cook (India) Limited and 5 more | Director | 21 Apr 2025 | 1 Years 6 Months | Current |
Peer comparison
Bluspring Enterprises Limited is compared with the 10 companies closest to it by revenue in the Business Services industry (Facility Management Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sis Limited | ₹13,257 Cr (FY 2025) | 8.0% | Patna, Bihar, India | |||
| Jones Lang Lasalle Property Consultants (India) Private Limited | ₹8,385.68 Cr (FY 2025) | 26.0% | New Delhi, Delhi, India | |||
| Go Digit Infoworks Services Private Limited | ₹8,219.52 Cr (FY 2024) | 40.0% | Pune, Maharashtra, India | |||
| More Consumer Brands Private Limited | ₹4,691.79 Cr (FY 2025) | 13.0% | Mumbai, Maharashtra, India | |||
| Bluspring Enterprises Limitedthis company | ₹3,382.03 Cr (FY 2026) | ₹2.23 Cr | 0.1% | -2.9% | Bangalore, Karnataka, India | |
| Updater Services Limited | ₹2,771.73 Cr (FY 2025) | 12.0% | Chennai, Tamil Nadu, India | |||
| Tenon Facility Management India Private Limited | ₹2,274.31 Cr (FY 2024) | 20.0% | Gurgaon, Haryana, India | |||
| Iss Facility Services India Private Limited | ₹1,485.04 Cr (FY 2025) | -1.0% | Mumbai, Maharashtra, India | |||
| Dusters Total Solutions Services Private Limited | ₹1,310.64 Cr (FY 2025) | 7.0% | Bangalore, Karnataka, India | |||
| Krystal Integrated Services Limited | ₹1,229.28 Cr (FY 2025) | 19.0% | Mumbai, Maharashtra, India | |||
| Cushman and Wakefield Property Management Services India Private Limited | ₹1,132.71 Cr (FY 2025) | 16.0% | New Delhi, Delhi, India |
To see the full peer comparison of Bluspring Enterprises Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jul 2026 | 101361182 | Others | ₹125 Cr | Open | |
| 15 May 2026 | 101299715 | Others | ₹175 Cr | Open | |
| 13 Aug 2025 | 101148146 | Yes Bank Limited | ₹100 Cr | Open | |
| 11 Aug 2025 | 101161078 | Hdfc Bank Limited | ₹100 Cr | Open | |
| 18 Jun 2025 | 101119992 | Others | ₹50 Cr | Open |
Total charge records: 8 View all charges
Deals & funding
Bluspring Enterprises Limited has 6 deals on record (6 market trades); the latest was in June 2026.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2026 | Market trade | ₹7.8 Cr | Buyer: Junomoneta Finsol Private Limited Seller: Junomoneta Finsol Private Limited |
| Mar 2026 | Market trade | ₹7.74 Cr | Buyer: an individual |
| Sep 2025 | Market trade | ₹9.04 Cr | Buyer: Tata Mutual Fund |
| Jul 2025 | Market trade | ₹8.96 Cr | Buyer: Mathisys Quantcap LLP Seller: Mathisys Quantcap LLP |
| Jun 2025 | Market trade | ₹18.5 Cr | Buyer: Negen Capital Services Private Limited Seller: India Capital Management Limited A/C India Capital Fund Limited, Vanguard Esg International Stock Etf, an individual |
To see the full deal history of Bluspring Enterprises 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
Bluspring Enterprises Limited has 15 court cases on record: 13 filed by Bluspring Enterprises, 2 filed against it. 11 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 1 | 7 |
| District courts | 3 | 1 | 3 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed by the company against Delhi Transport Infrastructure Development Corporation Ltd. (Dtidc) | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against Broadidea Infocom Private Limited | Pending |
| High Court of Karnataka | Interim or miscellaneous application | Filed by the company against M/S Elite Automobiles Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against T Bhimjyani Realty Private Limited | Pending |
| High Court of Delhi | Arbitration matter | Filed by the company against Onsite Electro Services Private Limited & Anr. | Disposed |
To see the full case history of Bluspring Enterprises 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 Bluspring Enterprises Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Bluspring Enterprises Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Bluspring Enterprises Limited has 12 board changes on record since 2024: 10 appointments and 2 cessations. The latest: Dinkar Gupta was appointed as Director on 21 Apr 2025.
11 earlier events are in the company report.
News
Frequently asked questions
Bluspring Enterprises is an active public limited company based in Bangalore, Karnataka, India. It was incorporated on 11 February 2024 (2+ years old) and is registered under CIN L81100KA2024PLC184648. Listed on BSE: 544414 and NSE: BLUSPRING.
Bluspring Enterprises reported revenue of ₹3,382.03 Cr for FY 2025-26 (down 2.9% YoY) based on consolidated financials.
Bluspring Enterprises has 10 current directors and KMP:
- Kamal Pal Hoda - Whole-Time Director
- Anish Thurthi - Director
- Ajit Abraham Isaac - Director
- Sanjay Anandaram - Director
- Gopalakrishnan Soundarajan - Director
- Srivathsala Kanchi Nandagopal - Director
- Narayanan Suresh Krishnan - Director
- Dinkar Gupta - Director
- Kundan Kumar Lal - Individual Subscriber
- Prapul Sridhar - Cfo
The latest financial statements of Bluspring Enterprises on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2024 are in the company report.
The CIN (Corporate Identification Number) of Bluspring Enterprises is L81100KA2024PLC184648. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Bluspring Enterprises is a listed company as per MCA records. Its shares are listed on both BSE (code: 544414) and NSE (symbol: BLUSPRING).
Bluspring Enterprises has 15 court cases on record: 13 filed by the company and 2 filed against it. 11 are pending. Most are in the high courts.
Bluspring Enterprises was incorporated on 11 February 2024, making it 2+ years old. It is registered with the Registrar of Companies, Bangalore.
Bluspring Enterprises has 6 deals on record (6 market trades); the latest was in June 2026.
The peers of Bluspring Enterprises by revenue are Sis Limited, Jones Lang Lasalle Property Consultants (India) Private Limited, Go Digit Infoworks Services Private Limited, More Consumer Brands Private Limited, Updater Services Limited and 5 more, all in the Business Services industry (Facility Management Services).
Dinkar Gupta was appointed as Director on 21 Apr 2025. Gopalakrishnan Soundarajan was appointed as Director on 21 Apr 2025. Prapul Sridhar was appointed as CFO on 01 Apr 2025. Bluspring Enterprises has 12 board changes on record in total.