Bright India Stainless Steel Private Limited

Specializing in iron and steel trading for Indian market.

2019 | Chennai, Tamil Nadu (India) | Active
Last Updated: October 23, 2024

Bright India Stainless Steel Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 8.30 M
  • Company Age 5 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.90 Cr
  • Satisfied Charges ₹ 3.50 Cr
  • Revenue Growth -25.08%
  • Profit Growth -8.79%
  • Ebitda -18.01%
  • Net Worth 17.23%
  • Total Assets 2.43%

About Bright India Stainless Steel

Bright India Stainless Steel Private Limited (BISSPL) is a Private Limited Indian Non-Government Company incorporated in India on 19 March 2019 (Five years and 11 months 10 days old ). Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Metals And Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 8.30 M.

The company currently has active open charges totaling ₹5.90 Cr. The company has closed loans amounting to ₹3.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Dipak Gupta and Manoj Agarwal serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    brightindia.net.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51909TN2019PTC128098

  • Company No.

    128098

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Mar 2019

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Metals and Minerals

Who are the key members and board of directors at Bright India Stainless Steel?

Board Members (2)

NameDesignationAppointment DateStatus
Dipak Gupta Country flag representing In Director 19-Mar-2019Current
Manoj Agarwal Country flag representing In Director 19-Mar-2019Current

Financial Performance of Bright India Stainless Steel.

Bright India Stainless Steel Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 25.08% decrease. The company also saw a slight decrease in profitability, with a 8.79% decrease in profit. The company's net worth Soared by an impressive increase of 17.23%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-25.08%
Revenue from Operations
-25.05%
Total Assets
2.43%
Profit or Loss
-8.79%
Net Worth
17.23%
EBITDA
-18.01%

What is the Ownership and Shareholding Structure of Bright India Stainless Steel?

In 2023, Bright India Stainless Steel had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.90 Cr

Satisfied Charges

₹3.50 Cr

Charges Breakdown by Lending Institutions

  • Others : 5.90 Cr

Latest Charge Details

DateLenderAmountStatus
21 Mar 2020Others₹5.90 CrOpen
23 May 2019Axis Bank Limited₹3.50 CrSatisfied

How Many Employees Work at Bright India Stainless Steel?

Unlock and access historical data on people associated with Bright India Stainless Steel, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bright India Stainless Steel, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Bright India Stainless Steel's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Bright India Stainless Steel

Recent activity within the organization

  • Annual General Meeting

    Bright India Stainless Steel Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others of Rs. 5.90 Cr registered on 21 Mar 2020 with Charge ID 100365180 was modified on 03 Jun 2023.

    03 Jun 2023

  • Balance Sheet

    Bright India Stainless Steel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge registered on 23 May 2019 via Charge ID 100270080 with Axis Bank Limited was fully satisfied on 10 Jun 2020.

    10 Jun 2020

  • Charges

    A charge with Others amounted to Rs. 5.90 Cr with Charge ID 100365180 was registered on 21 Mar 2020.

    21 Mar 2020

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 3.50 Cr with Charge ID 100270080 was registered on 23 May 2019.

    23 May 2019

Frequently asked questions

  • Bright India Stainless Steel Private Limited was incorporated on 19 Mar 2019.

  • The authorized share capital of Bright India Stainless Steel Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 8.30 M.

  • Currently 2 directors are associated with Bright India Stainless Steel Private Limited.

    • Dipak Gupta
    • Manoj Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bright India Stainless Steel Private Limited is No.95/B-2 Kh Road, Jeeva Nagar Korukkupet India, Chennai, Tamil Nadu, 600021.

  • The corporate identification number (CIN) of Bright India Stainless Steel Private Limited is U51909TN2019PTC128098 and the company number is 128098 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bright India Stainless Steel Private Limited is https://www.brightindia.net.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bright India Stainless Steel Private Limited has fallen by -25.08%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bright India Stainless Steel Private Limited has experienced an upsurge of 17.23%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bright India Stainless Steel Private Limited amount to ₹ 5.90 Cr.

  • The most recent Balance Sheet for Bright India Stainless Steel Private Limited was filed with the ROC on 31 Mar 2023.