MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-MH-18-0018589
Blutec Vanburen Industries (India) Private Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹46.52 Cr
▼ 42% YoY
Net loss · FY 2021
₹3.17 Cr
Net margin -6.8%
EBITDA · FY 2021
-₹1.75 Cr
EBITDA margin -3.8%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹3 Cr
Issued & subscribed
Open charges
₹17 Cr
Secured borrowings
Company age
14 yrs
Est. 2012
Directors on board
2
As per MCA filings
About Blutec Vanburen Industries (India) Private Limited
Data last updated:
Blutec Vanburen Industries (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 28 June 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2012PTC232695. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It was formerly known as Van Buren Technologies (India) Private Limited and Van Buren Technologies (India) Limited. It is led by directors Dina Prakashchand Bihani and Prakash Chand Banshilal Bihani.
Its last annual general meeting (AGM) was held on 23 July 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2021, the company reported a revenue of ₹46.52 Cr, a decline of 42% compared to the previous year. For the same year it recorded a net loss of ₹3.17 Cr (net margin -6.8%) and EBITDA of -₹1.75 Cr (EBITDA margin -3.8%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 18% over five years.
As per MCA filings, the company has open charges of ₹17 Cr on record. Court records list 19 cases involving the company, including 4 filed by the company and 15 filed against it; 11 cases are pending.
Blutec Vanburen Industries (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0018589). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website blutec.co.in.
Company details
CIN U51909MH2012PTC232695
Registration Number 232695
Incorporation Date 28 June 2012
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0018589
Name history
Blutec Vanburen Industries (India) has undergone 8 name changes throughout its history. The current legal name is Blutec Vanburen Industries (India) Private Limited.
| Company Name | Status |
|---|---|
| Blutec Vanburen Industries (India) Private Limited | Current |
| Van Buren Technologies (India) Private Limited | Previous |
| Van Buren Technologies (India) Limited | Previous |
| Blutec Vanburen Industries (India) Limited | Previous |
| Tulip Tinoscal Private Limited | Previous |
| Blue Cross Industries Private Limited | Previous |
| Tulip Trading Private Limited | Previous |
| Blutec Industries Private Limited | Previous |
| Blutec Lubricants Private Limited | Previous |
Recognitions & Rankings of Blutec Vanburen Industries (India)
Contact details
Blutec Vanburen Industries (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is blutec.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No.406 4th Floor B Wing Cello Triumph I.B.Patel Road Opp.Laghu Udyog Goregaon, (East), Mumbai, Maharashtra, India – 400063
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Blutec Vanburen Industries (India) Private Limited, buy the company report.
Comprehensive company report
Blutec Vanburen Industries (India) 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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Business activity
The main business activity of Blutec Vanburen Industries (India) is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Blutec Vanburen Industries (India) Private Limited, buy the company report.
Financials of Blutec Vanburen Industries (India) Private Limited
FY 2021 filings availableBlutec Vanburen Industries (India) Private Limited reported revenue of ₹46.52 Cr (down 42% YoY) for FY 2021.
Revenue · FY 2021
₹46.52 Cr ▼ 42%
Net loss · FY 2021
₹3.17 Cr margin -6.8%
EBITDA · FY 2021
-₹1.75 Cr margin -3.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 42%
3 years · compounded
▼ 17%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▼ 155%
3 years · compounded
▼ 115%
5 years · compounded
▼ 102%
Revenue fell 42% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA fell 155% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹46.52 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.75 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.17 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.8% | ||||
| Net Profit Margin | -6.8% | ||||
| 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 | |||||
To see the full financial statements and ratios of Blutec Vanburen Industries (India) Private Limited, buy the company report.
Board of directors of Blutec Vanburen Industries (India) Private Limited
Blutec Vanburen Industries (India) has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dina Prakashchand Bihani Also directs: Arco Trading Est. LLP, Saumil Mercantile Private Limited | Director | 27 Nov 2018 | 7 Years 11 Months | Current |
| Prakash Chand Banshilal Bihani | Director | 30 Dec 2017 | 8 Years 10 Months | Current |
Peer comparison
Blutec Vanburen Industries (India) Private Limited is compared with the 3 companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Masseys Enterprises Private Limited | ₹46.89 Cr (FY 2024) | 32.0% | Chennai, Tamil Nadu, India | |||
| K C Daw & Brothers Pvt Ltd | ₹46.86 Cr (FY 2025) | -1.0% | Kolkata, West Bengal, India | |||
| Blutec Vanburen Industries (India) Private Limitedthis company | ₹46.52 Cr (FY 2021) | -₹3.17 Cr | -6.8% | -42.0% | Mumbai, Maharashtra, India | |
| Sohini Marketing Private Limited | ₹46.35 Cr (FY 2025) | -9.0% | West Bengal, India |
To see the full peer comparison of Blutec Vanburen Industries (India) Private Limited, buy the company report.
Auditor
Blutec Vanburen Industries (India) Private Limited is audited by S.M. Bhat & Associates for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.M. Bhat & Associates | FY 2021 | 131347W |
Shareholding
The shareholding of Blutec Vanburen Industries (India) Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Blutec Vanburen Industries (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹17 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jun 2020 | 100370973 | State Bank of India | ₹2 Cr | Open | |
| 28 Nov 2018 | 100224648 | State Bank of India | ₹15 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Blutec Vanburen Industries (India) Private Limited has 19 court cases on record: 4 filed by Blutec Vanburen Industries (India), 15 filed against it. 11 cases are pending and 8 are disposed.
Total cases
19
Filed by the company
4
Filed against the company
15
Pending
11
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 15 | 8 |
| High courts | 4 | 0 | 3 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by M/S. Time Technoplast Limited Through Authorised Representative Mr. Rajendra Parihar | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed against the company by M/S. Time Technoplast Ltd. Through Authorised Representative Mr. Rajendra Parihar | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by Time Technoplast Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed against the company by M/S. Procam Flexoprints Pvt Ltd. | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by Time Technoplast Ltd. | Disposed |
To see the full case history of Blutec Vanburen Industries (India) 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 Blutec Vanburen Industries (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Blutec Vanburen Industries (India) has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Blutec Vanburen Industries (India) Private Limited, buy the company report.
Recent activity
Blutec Vanburen Industries (India) Private Limited has 9 board changes on record since 2014: 2 appointments and 7 cessations. The latest: Umesh Govind Raut ceased to be Director on 01 Feb 2021.
AGM
Blutec Vanburen Industries (India) Private Limited last Annual general meeting of members was held on 23 Jul 2021 as per latest MCA records.
Filing
Blutec Vanburen Industries (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai I.
Ceased
Umesh Govind Raut ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 2.00 Cr with Charge ID 100370973 was registered on 29 Jun 2020.
Ceased
Prakash Chand Banshilal Bihani ceased to be Additional Director.
Ceased
Nikita Siddharth Bihani ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 15.00 Cr with Charge ID 100224648 was registered on 28 Nov 2018.
Appointed
Dina Prakashchand Bihani was appointed as Director.
Ceased
Dina Prakashchand Bihani ceased to be Additional Director.
Ceased
Bhaskar Anand ceased to be Additional Director.
Ceased
Siddharth Prakash Bihani ceased to be Director.
Appointed
Prakash Chand Banshilal Bihani was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Blutec Vanburen Industries (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 28 June 2012 (14+ years old) and is registered under CIN U51909MH2012PTC232695.
Blutec Vanburen Industries (India) has 2 current directors:
- Dina Prakashchand Bihani - Director
- Prakash Chand Banshilal Bihani - Director
The latest financial statements of Blutec Vanburen Industries (India) on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 23 July 2021. Year-wise statements from 2015 are in the company report.
No. Blutec Vanburen Industries (India) has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Blutec Vanburen Industries (India) is U51909MH2012PTC232695. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Blutec Vanburen Industries (India) has 19 court cases on record: 4 filed by the company and 15 filed against it. 11 are pending. Most are in the district courts.
Blutec Vanburen Industries (India) was incorporated on 28 June 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Blutec Vanburen Industries (India) by revenue are Masseys Enterprises Private Limited, K C Daw & Brothers Pvt Ltd, Sohini Marketing Private Limited, all in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (retail trading).
Umesh Govind Raut ceased to be Director on 01 Feb 2021. Prakash Chand Banshilal Bihani ceased to be Additional Director on 09 Jun 2019. Nikita Siddharth Bihani ceased to be Director on 04 Feb 2019. Blutec Vanburen Industries (India) has 9 board changes on record in total.
Yes, Blutec Vanburen Industries (India) is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0018589).
Blutec Vanburen Industries (India) can be reached through the website blutec.co.in. Its registered office is in Mumbai, Maharashtra, India.
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