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Blue Star Limited logo — company profile

Blue Star Limited

Founded 1943 India Mumbai, India 8125 employees Post Ipo Equity Total: $10.00B

General Information

Company Name Blue Star Limited
Founded Year 1943
Location India Mumbai, India +1
Founders / Decision Makers
Team member Team member
Employees 8125
Funding Stage Post Ipo Equity
Social

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About Blue Star Limited

Blue Star Limited is India’s leading air conditioning and commercial refrigeration company with over eight decades of experience in providing expert cooling solutions. It fulfills the cooling requirements of a large number of corporate, commercial as well as residential customers, as well as offers products such as water purifiers, air purifiers and air coolers. It also provides expertise in allied contracting activities such as electrical, plumbing and fire-fighting services, in order to provide turnkey solutions, apart from execution of specialised industrial projects. Blue Star has joint ventures in Qatar, Malaysia and Oman which undertake MEP (mechanical, electrical and plumbing) projects for residential, commercial and infrastructure buildings, and exports a range of products to the Middle East, Africa, SAARC and ASEAN regions. Blue Star’s other businesses include marketing and maintenance of imported professional electronic equipment and services, as well as industrial products and systems, which is handled by Blue Star Engineering & Electronics, a wholly-owned subsidiary of the Company. Founded in 1943, Blue Star Limited has seen extensive growth, attracting significant attention from investors. The latest notable investment was a post-IPO equity investment of INR10.00B at 29 September 2023, with contributions from a consortium of esteemed investors including Goldman Sachs, Fidelity, First State Bank, Nippon India Mutual Fund, Aditya Birla Sunlife Mutual Fund, HDFC Mutual Fund, SBI Mutual Fund, Norges Bank, ICICI Prudential Life Insurance, and HSBC Global Banking and Markets. This substantial investment reflects strong confidence in the company’s potential for further expansion and success within the air conditioning and commercial refrigeration industry.

Taxonomy: air conditioning, refrigeration, cooling solutions, water purifiers, air purifiers, air coolers, MEP projects, turnkey solutions, industrial projects, electrical services, plumbing services, fire-fighting services, commercial refrigeration, imported professional electronic equipment, industrial products

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Post-IPO Equity •••••• 10
Investor Investor Investor Investor
•••• •••• 		29 Sep 2023

Blue Star Limited Alternatives & Competitors

Blue Star Limited vs
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Blue Star Limited vs
Thermomatic Group
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Blue Star Limited vs
Pierce Refrigeration
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FAQ About Blue Star Limited

Blue Star Limited is India’s leading air conditioning and commercial refrigeration company with over eight decades of experience in providing expert cooling solutions. It fulfills the cooling requirements of a large number of corporate, commercial as well as residential customers, as well as offers...
Blue Star Limited was founded in 1943.
Blue Star Limited is headquartered in Mumbai, India.
Blue Star Limited has approximately 8125 employees.
Blue Star Limited has completed 1 funding round, raising a total of $10.00B. The latest funding stage is Post Ipo Equity.
Top alternatives and competitors to Blue Star Limited include Adhunik Powertech Private Limited, Thermomatic Group, Pierce Refrigeration, Avco Industries, Industrial Cooling Equipment LTD. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Blue Star Limited and Adhunik Powertech Private Limited are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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