Blue Hex Software Private Limited - Due diligence report

A 360° intelligence report on Blue Hex Software Private Limited: trust score, financial health, credit view, compliance, directors, growth a…

2020-10-03 Chennai, Tamil Nadu Active Unlisted
Share
BH Blue Hex Software Private Limited
Full Due-Diligence Report + Documents
  • Unlock all financial figures & 5-year trends
  • Full trust, health & credit-risk scores
  • Director details, charges & MCA documents
₹700 ₹449 Save ₹251 excl. GST
Or from ₹279/report with credits View credit packages
Company Credits – Starter
  • One credit unlocks this full due-diligence report
  • Use across any company’s report, anytime
  • Credits valid for 12 months
× ₹700 ₹279 = ₹2,790 60% off
Choose your own credit amount View credit packages

Blue Hex Software Private Limited — 360° Intelligence Report

Generated from MCA filings & public records
76/100
Trust Score
Low Risk

Blue Hex Software Private Limited is assessed as Low Risk with a Trust Score of 76/100. Blue Hex Software Private Limited is an active private limited indian non-government company incorporated in 2020, operating in the Information Technology sector. The company has shown revenue growth across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and moderate financial risk profile.

Report generated on 21 Jul 2026 from the latest processed filings. Blue Hex Software Private Limited snapshot & full profile →

Financial Health › Good
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
76/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
80/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
60/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
50/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
85/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
65/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 2 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

Get full access

Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 50/100 Moderate
  • Negative operating earnings - debt service depends on external support.
  • No open charges - unencumbered balance sheet.
  • Working-capital cover adequate.

Charges position: 0 open (-) · 0 satisfied (-).

Compliance Score: 80/100 Low Risk
  • Company status is Active as per MCA.
  • Balance sheet slightly behind (Mar 2024).
  • Delayed payments to MSME suppliers disclosed (1 disclosure(s)).
  • 2 active GST registration(s).
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
JASHVANT RAVAL CHANDULAL 01234567 Director 01/04/2018 6 yrs Approved
Varsha Varadan 01234567 Director 01/04/2018 6 yrs Approved
Rohan 01234567 Director 01/04/2018 6 yrs Approved
VARADAN DEVANATHAN 01234567 Director 01/04/2018 6 yrs Approved
  • 4 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2021)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2021 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
4 allotment(s) · 0 transfer(s)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 85 · Distress 65
Growth signals & trust indicators
Revenue acceleration: +38% over 1 year(s).
Latest year revenue grew 1.42.
Asset base grew 2.1x - capacity expansion.
Operating for 5 years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Losses deepening year-on-year.
Outside liabilities up 24% in a year.
MSME payment delays disclosed - latest outstanding 130.00.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence74/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 2 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment60/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance record supports lending.
Investor view74/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 3 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 13 events
30 Sep 2024
Last AGM held
Annual general meeting
31 Mar 2024
Latest balance sheet
Filed with ROC
30 Sep 2022
Director ceased
JASHVANT RAVAL CHANDULAL
Director ceased
VARADAN DEVANATHAN
31 Oct 2021
Securities allotted
37498 Equity Shares - 15.00 Lakh raised
Director appointed
JASHVANT RAVAL CHANDULAL (Director)
Director appointed
VARADAN DEVANATHAN (Director)
07 Jun 2021
Securities allotted
37500 Equity Shares - 15.00 Lakh raised
02 Jan 2021
Securities allotted
37500 Equity Shares - 15.00 Lakh raised
07 Nov 2020
Securities allotted
37500 Equity Shares - 15.00 Lakh raised
03 Oct 2020
Incorporated
Registered with Roc Chennai
Director appointed
Varsha Varadan (Director)
Director appointed
Rohan (Director)
10

Key Observations

Auto-generated from the data above
Revenue grew 0.86 over the last 1 financial year(s).
Net profit margin moved from 61% to 38%.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
4 active director(s) / partner(s); board looks stable and experienced.
2 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 4 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Aptare Engage Technologies Private Limited U72900TZ2020PTC033879 Coimbatore, Tamil Nadu, India
Hlm Associates Consultants Private Limited U74899DL1986PTC024600 New Delhi, Delhi, India
Mayan3 Creations Private Limited U74999KA2019PTC130736 Bangalore, Karnataka, India
Viaprom Technologies Private Limited U72900WB2016PTC215708 Kolkata, West Bengal, India
Novasoft Corporations Private Limited (Opc) U74999MH2014OPC255632 Mumbai, Maharashtra, India
Kpmc Consultancy Private Limited U74120UP2015PTC069530 Ghaziabad, Uttar Pradesh, India
Atishya Technologies Private Limited U72200GJ2011PTC066139 Ahmedabad, Gujarat, India
Yeel India Private Limited U72900KL2019PTC059318 Trivandrum, Kerala, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Blue Hex Software Private Limited before audits and certifications: compliance score 80/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Blue Hex Software Private Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 50/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 85/100, margin trends, ownership structure and peer set for Blue Hex Software Private Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 76/100, distress signals and MSME payment-delay disclosures - know whether Blue Hex Software Private Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Blue Hex Software Private Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Blue Hex Software Private Limited an active company?

Blue Hex Software Private Limited has MCA status “Active” with a compliance score of 80/100 (Low Risk).

Is Blue Hex Software Private Limited financially healthy?

Blue Hex Software Private Limited has a Financial Health Score of 60/100 (Moderate) based on its filed financial statements.

Should I do business with Blue Hex Software Private Limited?

Its overall Trust Score is 76/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Blue Hex Software Private Limited?

See the directors and ownership sections above for board and shareholding detail. 4 active director(s) are on record.

Does Blue Hex Software Private Limited have loans or charges against its assets?

No charges are registered against this company - an unencumbered balance sheet.

Is Blue Hex Software Private Limited up to date with its ROC filings?

Balance sheet slightly behind (Mar 2024). Overall compliance score: 80/100 (Low Risk).

Is it risky to lend to Blue Hex Software Private Limited?

Its Credit Risk Score is 50/100 (Moderate). Banker verdict: Mixed indicators - deeper appraisal suggested.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.