Bright Metals (India) Private Limited

Manufacturer and trader of non-ferrous metals, including brass and bronze ingots.

1990 | Jaipur, Rajasthan (India) | Active
Last Updated: November 15, 2024

Bright Metals (India) Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 34 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 168.15 Cr
  • Satisfied Charges ₹ 26.03 Cr
  • Revenue Growth 10.75%
  • Profit Growth -68.37%
  • Ebitda -25.09%
  • Net Worth 10.89%
  • Total Assets -23.04%

About Bright Metals (India)

Bright Metals (India) Private Limited (BMIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 July 1990 and has a history of 34 years and six months. Its registered office is in Jaipur, Rajasthan, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹168.15 Cr. The company has closed loans amounting to ₹26.03 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sanjay Porwal, Sajjana Porwal, Ashish Porwal, and Two other members serve as directors at the Company.

Company Details

  • Location

    Jaipur, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25201RJ1990PTC005477

  • Company No.

    005477

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Jul 1990

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Metals and Minerals

What products or services does Bright Metals (India) Private Limited offer?

Bright Metals (India) Private Limited offers a wide range of products and services, including Metal & Metal Made Products, Metal Ingots, Copper & Brass Products, Brass Bar, Copper Strips, Rod and Bars, Brass Components.

Who are the key members and board of directors at Bright Metals (India)?

Board Members (5)

Name Designation Appointment Date Status
Sanjay Porwal Country flag representing In Whole-Time Director 05-Jul-1990 Current
Sajjana Porwal Country flag representing In Director 31-Jan-2015 Current
Ashish Porwal Country flag representing In Whole-Time Director 30-Sep-2002 Current
Chandra Porwal Country flag representing In Director 05-Jul-1990 Current
Sunil Yadav Country flag representing In Director 23-May-2023 Current

Financial Performance of Bright Metals (India).

Bright Metals (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.75% increase. The company also saw a substantial fall in profitability, with a 68.37% decrease in profit. The company's net worth Soared by an impressive increase of 10.89%.

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
10.75%
Revenue from Operations
10.85%
Total Assets
-23.04%
Profit or Loss
-68.37%
Net Worth
10.89%
EBITDA
-25.09%

What is the Ownership and Shareholding Structure of Bright Metals (India)?

In 2023, Bright Metals (India) had a promoter holding of 87.19% and a public holding of 12.81%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹168.15 Cr

Satisfied Charges

₹26.03 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 128.25 Cr
  • Axis Bank Limited : 38.00 Cr
  • Others : 1.90 Cr

Latest Charge Details

Date Lender Amount Status
18 Jul 2024 Others ₹7.00 M Open
17 May 2024 Others ₹3.00 M Open
23 Jan 2024 Axis Bank Limited ₹38.00 Cr Open
17 Jan 2024 Others ₹6.00 M Open
21 Feb 2023 Others ₹3.00 M Open

How Many Employees Work at Bright Metals (India)?

Bright Metals (India) has a workforce of 172 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bright Metals (India), 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 Metals (India)'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 Metals (India)

Recent activity within the organization

  • Annual General Meeting

    Bright Metals (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Axis Bank Limited of Rs. 38.00 Cr registered on 23 Jan 2024 with Charge ID 100866318 was modified on 20 Jul 2024.

    20 Jul 2024

  • Charges

    A charge with Others amounted to Rs. 0.70 Cr with Charge ID 100959130 was registered on 18 Jul 2024.

    18 Jul 2024

  • Charges

    A charge with Others amounted to Rs. 0.30 Cr with Charge ID 100925575 was registered on 17 May 2024.

    17 May 2024

  • Balance Sheet

    Bright Metals (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.

    31 Mar 2024

  • Charges

    A charge registered on 21 Aug 2023 via Charge ID 100769182 with Others was fully satisfied on 15 Feb 2024.

    15 Feb 2024

Frequently asked questions

  • Bright Metals (India) Private Limited was incorporated on 05 Jul 1990.

  • The authorized share capital of Bright Metals (India) Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 5 directors are associated with Bright Metals (India) Private Limited.

    • Sanjay Porwal
    • Sajjana Porwal
    • Ashish Porwal
    • Chandra Porwal
    • Sunil Kumar Yadav
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bright Metals (India) Private Limited is A-77 Atray Path, Shyam Nagar India, Jaipur, Rajasthan, 302019.

  • The corporate identification number (CIN) of Bright Metals (India) Private Limited is U25201RJ1990PTC005477 and the company number is 005477 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bright Metals (India) Private Limited is https://www.brightmetals.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bright Metals (India) Private Limited has risen by 10.75%.

  • As Per 2023 financial reports, 172 employees are currently employed by Bright Metals (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bright Metals (India) Private Limited has experienced an upsurge of 10.89%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bright Metals (India) Private Limited amount to ₹ 168.15 Cr.

  • The most recent Balance Sheet for Bright Metals (India) Private Limited was filed with the ROC on 31 Mar 2024.

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