About Priya Blue Industries Private Limited
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Priya Blue Industries Private Limited is a private limited company based in Bhavnagar, Gujarat, India. It operates in the shipbroking and shipping agency services segment of the transport and logistics sector. It was incorporated on 12 April 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24199GJ1994PTC021784. Its GSTIN is 24AABCP2808B1Z2 (Gujarat).
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹10 Cr. It is led by directors including Sanjay Prataprai Mehta (Managing Director) and Gauravbhai Sanjaybhai Mehta.
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 ''Aashirwad ''Plot No 1563/A Opp Panna Tower Rupani – Sardarnagar Road, Bhavnagar, Gujarat, India – 364001.
As per the financials filed for FY 2025, the company reported a revenue of ₹785.86 Cr, a growth of 64% compared to the previous year. For the same year it recorded a net profit of ₹24.61 Cr (net margin 3.1%) and EBITDA of ₹69.74 Cr (EBITDA margin 8.9%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 24% over five years.
The company has about 326 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 1 brand: Priya Blue. As per MCA filings, the company has open charges of ₹2,211 Cr and satisfied charges of ₹511.1 Cr on record. Court records list 79 cases involving the company, including 49 filed by the company and 30 filed against it; 32 cases are pending. The company has 2 deals on record (2 secondary share transfers); the latest was in May 2016.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website priyablue.com.
Company details
Contact details
Priya Blue Industries Private Limited's registered office is in Bhavnagar, Gujarat. Its website is priyablue.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address''Aashirwad ''Plot No 1563/A Opp Panna Tower Rupani – Sardarnagar Road, Bhavnagar, Gujarat, India – 364001
- IndustryTransport and Logistics, Shipbroking & Shipping Agency Services
To see the full contact details of Priya Blue Industries Private 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
Brands
Priya Blue Industries operates one associated brand: Priya Blue. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Specializes in environmentally compliant ship recycling and dismantling services. | priyablue.com |
Business activity
The main business activity of Priya Blue Industries is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Priya Blue Industries Private Limited, buy the company report.
Financials of Priya Blue Industries Private Limited
FY 2024 filings availablePriya Blue Industries Private Limited reported revenue of ₹785.86 Cr (up 64% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 64% growth in the latest year. EBITDA rose 62% 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 | ₹69.74 Cr | ||||
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| Net Profit (PAT) | ₹24.61 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 8.9% | ||||
| Net Profit Margin | 3.1% | ||||
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To see the full financial statements and ratios of Priya Blue Industries Private Limited, buy the company report.
Board of directors of Priya Blue Industries Private Limited
Priya Blue Industries 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 |
|---|---|---|---|---|
| Gauravbhai Sanjaybhai Mehta | Director | 01 Jun 2017 | 9 Years 5 Months | Current |
| Trupti Sanjaybhai Mehta Also directs: Priya Blue Green Recycling LLP, Priyablue Recycling LLP, Priyablue Textile Private Limited and 5 more | Director | 05 Apr 1999 | 27 Years 7 Months | Current |
| Sanjay Prataprai Mehta Also directs: Madhav Industries LLP, Priya Blue Green Recycling LLP, Priyablue Recycling LLP and 5 more | Managing Director | 15 Apr 1994 | 32 Years 6 Months | Current |
| Bhavik Harkisan Mody | Director | 18 Jun 2025 | 1 Years 4 Months | Current |
Auditor
Priya Blue Industries Private Limited is audited by P M BHAYANI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P M BHAYANI & CO. | FY 2023 | 140584W |
Shareholding
The shareholding of Priya Blue Industries Private 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 Priya Blue Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Aug 2023 | 100780423 | Indian Overseas Bank | ₹550 Cr | Open | |
| 03 Mar 2023 | 100703562 | Indian Overseas Bank | ₹175 Cr | Open | |
| 20 Mar 2009 | 10154016 | Indian Overseas Bank | ₹1,111 Cr | Open | |
| 24 Feb 2009 | 10147722 | Indian Overseas Bank | ₹375 Cr | Open | |
| 22 Nov 2021 | 100501013 | Indian Overseas Bank | ₹100 Cr | Satisfied |
To see the full charge records of Priya Blue Industries Private Limited, buy the company report.
Total charge records: 14 View all charges
Deals & funding
Priya Blue Industries Private Limited has 2 deals on record (2 secondary share transfers); the latest was in May 2016.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2016 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Shah Mehta Holding Private Limited |
| Aug 2008 | Secondary share transfer | Undisclosed | Buyer: Shah Mehta Holding Private Limited Seller: B Arunkumar Capital and Credit Services Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Priya Blue Industries Private Limited has 79 court cases on record: 49 filed by Priya Blue Industries, 30 filed against it. 32 cases are pending and 47 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 54 | 27 | 20 |
| District courts | 20 | 1 | 12 |
| Supreme Court | 5 | 2 | 0 |
Cases on record (5 of 79)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Interim or miscellaneous application | Filed against the company by NLC India Ltd | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against NLC India Ltd | Pending |
| Madras High Court | Writ petition | Filed by the company against NLC India Ltd | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against , Ahmedabad and 1 other | Pending |
| District court, Bhavnagar, Gujarat | Criminal complaint | Filed by the company against Laxmisagar Trade Link Private Limited and 3 others | Pending |
To see the full case history of Priya Blue Industries 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.
Credit ratings & regulatory alerts
Priya Blue Industries Private Limited was last rated by Care on 07 Feb 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 07 Feb 2023 |
To see the full credit ratings and regulatory alerts of Priya Blue Industries Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Priya Blue Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Priya Blue Industries has 3 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Priyablue Ship Green Recycling Private Limited | U37200GJ2022PTC132252 | |
| Priya Holdings Private Limited | U70101GJ1982PTC065569 | |
| Priya Offshore Private Limited | U74999MH2018PTC305662 |
To see the full group structure of Priya Blue Industries Private Limited, buy the company report.
Employees & EPFO
Priya Blue Industries Private Limited has a workforce of 326 employees on its EPFO records as of May 2026, across 3 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 326 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Priya Blue Industries Private Limited, buy the company report.
GST
Priya Blue Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCP2808B1Z2 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Priya Blue Industries Private Limited, buy the company report.
Recent activity
Priya Blue Industries Private Limited has 5 board changes on record since 1994: 4 appointments and 1 cessation. The latest: Bhavik Harkisan Mody ceased to be Additional Director on 29 Sep 2025.
28 earlier events are in the company report.
Frequently asked questions
Priya Blue Industries is an active private limited company based in Bhavnagar, Gujarat, India. The company works in shipbroking and shipping agency services, within the transport and logistics industry. It was incorporated on 12 April 1994 (32+ years old) and is registered under CIN U24199GJ1994PTC021784.
Priya Blue Industries has 4 current directors:
- Sanjay Prataprai Mehta - Managing Director
- Gauravbhai Sanjaybhai Mehta - Director
- Trupti Sanjaybhai Mehta - Director
- Bhavik Harkisan Mody - Director
The latest financial statements of Priya Blue Industries 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 Priya Blue Industries is 24AABCP2808B1Z2, registered in Gujarat.
The CIN (Corporate Identification Number) of Priya Blue Industries is U24199GJ1994PTC021784. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Priya Blue Industries has 79 court cases on record: 49 filed by the company and 30 filed against it. 32 are pending. Most are in the high courts.
Priya Blue Industries was incorporated on 12 April 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Priya Blue Industries has 2 deals on record (2 secondary share transfers); the latest was in May 2016.
Bhavik Harkisan Mody ceased to be Additional Director on 29 Sep 2025. Bhavik Harkisan Mody was appointed as Director on 18 Jun 2025. Gauravbhai Sanjaybhai Mehta was appointed as Director on 01 Jun 2017. Priya Blue Industries has 5 board changes on record in total.
Priya Blue Industries can be reached through the website priyablue.com. Its registered office is in Bhavnagar, Gujarat, India.
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