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Blue Star

#3219

Rank

$3.76B

Marketcap

IN India

Country

Blue Star
Leadership team

Mr. B. Thiagarajan (MD & Exec. Director)

Mr. Vir S. Advani (Vice Chairman & MD)

Mr. Nikhil Sohoni (Group Chief Financial Officer)

Products/ Services
Commercial, Consumer, Electronics
Number of Employees
1,000 - 20,000
Headquarters
Mumbai, Maharashtra, India
Established
1943
Net Income
20M - 100M
Revenue
500M - 1B
Traded as
BLUESTARCO.NS
Social Media
URL
https://www.bluestarindia.com
Overview
Location

Summary
History
Mission
Vision
Key Team
Recognition and Award
References
Summary
Blue Star Limited operates as a central air conditioning and commercial refrigeration company in India. The company operates through three segments: Electro-Mechanical Projects and Commercial Air Conditioning Systems, Unitary Products, and Professional Electronics and Industrial Systems. The Electro-Mechanical Projects and Commercial Air Conditioning Systems segment designs, manufactures, installs, commissions, and maintains central air conditioning plants, packaged/ducted systems, and variable refrigerant flow systems; and provides contracting services in electrification, plumbing, and fire-fighting, as well as after-sales services, such as revamp, retrofit, and upgrade services. The Unitary Products segment offers room air conditioners for residential and commercial applications, water purifiers, air purifiers, and air coolers; and manufactures and markets a range of commercial refrigeration products and cold chain equipment. The Professional Electronics and Industrial Systems segment trades in and services testing machines, medical, analytical, test and measuring, data communications, and industrial products and systems. The company operates approximately 7,000 stores. It also exports its products to 18 countries in the Middle East, African, SAARC, and ASEAN regions. Blue Star Limited was founded in 1943 and is headquartered in Mumbai, India.
History

Blue Star was founded in 1943 by Mohan T Advani as a reconditioning company. Soon after inception, Blue Star ventured into the manufacturing of ice candy machines and bottle coolers and began the design and execution of central air conditioning projects, followed by the manufacturing of water coolers. The company later expanded into new product lines and began exporting to Dubai. It went public in 1969 with an initial public offering, listing on the Bombay Stock Exchange. In the late 2000s, Blue Star ventured into the electrical, plumbing and fire-fighting contracting businesses, offering customers an integrated mechanical, electrical, and plumbing solution. It then forayed into the residential air conditioning segment a few years later, along with entering the water and air purification segments as well as the engineering facility management space recently.

Mission
Blue Star is committed to delivering superior value to its customers and global market place. While striving for continuous improvement, we envision to become the market leader in the home appliance and air-conditioning space.
Vision
Our vision is to be the recognized leader in the home appliance and air-conditioning markets with a commitment towards providing superior value to customers and stakeholders.
Key Team

Mr. Suresh Iyer (Chief Information Officer)

Mr. Rajesh Parte (Sr. GM, Company Sec. & Compliance Officer)

Girish Hingorani (Head of Corp. Communications)

Mr. V. S. Ashok (Chief HR Officer)

Mr. P. Venkat Rao B.E., M.B.A., P.G.D.P.M. (Pres & COO of Electro-Mechanical Projects and Air Conditioning Solutions Group)

C. Haridas (Exec. VP of Sales & Marketing - Cooling & Purification Appliances Group)

Wilson Jebaraj (Exec. VP - Electro-Mechanical Projects & Customer Service)

Recognition and Awards
Blue Star has been honoured with multiple awards over the years such as ET Now India Innovation award, Frost & Sullivan awards, Nielsen Consumer Superbrand award, Business World's Best Air Conditioner award, and Times Brand Equity Award.
References

https://en.wikipedia.org/wiki/Blue_Star_(company)

https://in.investing.com/equities/blue-star-infotech

https://finance.yahoo.com/quote/BLUESTARCO.NS/profile?p=BLUESTARCO.NS

https://www.crunchbase.com/organization/blue-star-limited

https://companiesmarketcap.com/

https://www.bluestarindia.com

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Blue Star
Leadership team

Mr. B. Thiagarajan (MD & Exec. Director)

Mr. Vir S. Advani (Vice Chairman & MD)

Mr. Nikhil Sohoni (Group Chief Financial Officer)

Products/ Services
Commercial, Consumer, Electronics
Number of Employees
1,000 - 20,000
Headquarters
Mumbai, Maharashtra, India
Established
1943
Net Income
20M - 100M
Revenue
500M - 1B
Traded as
BLUESTARCO.NS
Social Media
URL
https://www.bluestarindia.com