Ridge Innovations Private Limited
About Ridge Innovations Private Limited
Data last updated:
Ridge Innovations Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 25 September 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29199MH2006PTC164911. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Blue Blossom Enterprises Private Limited and Blue Blossom Management Services Private Limited. It is led by directors Bhalchandra Datar Vasudeo and Rajan Bhalchandra Datar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No F – 8 MIDC Ambad Nashik, Maharashtra, India – 422010.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.41 Lakh, a decline of 40% compared to the previous year. For the same year it recorded a net loss of ₹1.12 Cr and EBITDA of -₹1.12 Cr. Revenue has declined at a compounded annual rate (CAGR) of 71% over three years and 32% over five years.
Court records list 155 cases involving the company, including 143 filed by the company and 13 filed against it; 24 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Ridge Innovations has undergone 5 name changes throughout its history. The current legal name is Ridge Innovations Private Limited.
| Company Name | Status |
|---|---|
| Ridge Innovations Private Limited | Current |
| Blue Blossom Enterprises Private Limited | Previous |
| Blue Blossom Management Services Private Limited | Previous |
| Dsl Enterprises Private Limited | Previous |
| Blue Research Enterprises Private Limited | Previous |
| Blue Ridge Innovations Private Limited | Previous |
Contact details
Ridge Innovations Private Limited's registered office is in Nashik, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No F – 8 MIDC Ambad Nashik, Maharashtra, India – 422010
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Ridge Innovations 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
Financials of Ridge Innovations Private Limited
FY 2025 filings availableRidge Innovations Private Limited reported revenue of ₹3.41 Lakh (down 40% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 32% over five years, including a 40% fall in the latest year. EBITDA rose 13% 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 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 | -₹1.12 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.12 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 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 | |||||
To see the full financial statements and ratios of Ridge Innovations Private Limited, buy the company report.
Board of directors of Ridge Innovations Private Limited
Ridge Innovations has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhalchandra Datar Vasudeo Also directs: Datar Cancer Biologics Private Limited | Director | 09 May 2007 | 19 Years 5 Months | Current |
| Rajan Bhalchandra Datar | Director | 01 Mar 2018 | 8 Years 7 Months | Current |
Auditor
Ridge Innovations Private Limited is audited by Yogesh Prabhakar Punde for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Yogesh Prabhakar Punde | FY 2023 | 107621 |
Shareholding
The shareholding of Ridge Innovations 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ridge Innovations Private Limited, buy the company report.
Legal cases
Ridge Innovations Private Limited has 155 court cases on record: 143 filed by Ridge Innovations, 13 filed against it. 24 cases are pending and 131 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 115 | 7 | 21 |
| District courts | 25 | 2 | 1 |
| Supreme Court | 12 | 2 | 0 |
| NCLT | 3 | 2 | 2 |
Cases on record (5 of 155)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Company petition | Filed against the company by Ifci Limited | Pending |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Ifci Limited | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by Ridge Innovations Private Limited | Disposed |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against DSL Enterprises Pvt. Ltd. and Anr | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Ifci Ltd. | Disposed |
To see the full case history of Ridge Innovations 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 Ridge Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ridge Innovations has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ridge Innovations Private Limited, buy the company report.
Recent activity
Ridge Innovations Private Limited has 6 board changes on record since 2006: 4 appointments and 2 cessations. The latest: Sneha Rajan Datar ceased to be Director on 22 Feb 2023.
Frequently asked questions
Ridge Innovations is an active private limited company based in Nashik, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 25 September 2006 (20+ years old) and is registered under CIN U29199MH2006PTC164911.
Ridge Innovations has 2 current directors:
- Bhalchandra Datar Vasudeo - Director
- Rajan Bhalchandra Datar - Director
The latest financial statements of Ridge Innovations on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Ridge Innovations has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Ridge Innovations is U29199MH2006PTC164911. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ridge Innovations has 155 court cases on record: 143 filed by the company and 13 filed against it. 24 are pending. Most are in the high courts.
Ridge Innovations was incorporated on 25 September 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Sneha Rajan Datar ceased to be Director on 22 Feb 2023. Rajan Bhalchandra Datar was appointed as Director on 01 Mar 2018. Shobhana Rajan Datar ceased to be Director on 24 Jul 2017. Ridge Innovations has 6 board changes on record in total.
The registered office of Ridge Innovations is at Plot No F – 8 MIDC Ambad Nashik, Maharashtra, India – 422010.
Ridge Innovations operates in the energy and power industry, in the power equipment manufacturers segment.