Bright Packaging Private Limited

Manufacturer of woven fabric and sacks for cement industries, also supplies to entrepreneurs.

1985 | Dakshina Kannada, Karnataka (India) | Active
Last Updated: October 24, 2024

Bright Packaging Profile

Key Indicators

  • Authorised Capital ₹ 8.50 Cr
  • Paid Up Capital ₹ 7.55 Cr
  • Company Age 39 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 28.75 Cr
  • Satisfied Charges ₹ 22.27 Cr
  • Revenue Growth 35.95%
  • Profit Growth 10313.67%
  • Ebitda -42.45%
  • Net Worth 23.96%
  • Total Assets 36.66%

About Bright Packaging

Bright Packaging Private Limited (BPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 April 1985 and has a history of 39 years and ten months. Its registered office is in Dakshina Kannada, Karnataka, India.

The Company is engaged in the Packaging 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 8.50 Cr and a paid-up capital of Rs 7.55 Cr.

The company currently has active open charges totaling ₹28.75 Cr. The company has closed loans amounting to ₹22.27 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ankit Bansal and Khushboo Bansal serve as directors at the Company.

Company Details

  • Location

    Dakshina Kannada, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    akbansalgroup.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74950KA1985PTC006802

  • Company No.

    006802

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Apr 1985

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Packaging

What products or services does Bright Packaging Private Limited offer?

Bright Packaging Private Limited offers a wide range of products and services, including Bulk Bags & Sacks, Cement Bag.

Who are the key members and board of directors at Bright Packaging?

Executive Team (1)

Name Designation Appointment Date Status
Ankit Bansal Country flag representing In Managing Director 01-Apr-1985 Current

Board Members (1)

Name Designation Appointment Date Status
Khushboo Bansal Country flag representing In Director 24-Oct-2021 Current

Financial Performance of Bright Packaging.

Bright Packaging Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 35.95% increase. The company also saw a substantial improvement in profitability, with a 10313.67% increase in profit. The company's net worth Soared by an impressive increase of 23.96%.

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
35.95%
Revenue from Operations
35.96%
Total Assets
36.66%
Profit or Loss
10313.67%
Net Worth
23.96%
EBITDA
-42.45%

What is the Ownership and Shareholding Structure of Bright Packaging?

In 2023, Bright Packaging 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

₹28.75 Cr

Satisfied Charges

₹22.27 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 22.25 Cr
  • State Bank Of India : 6.50 Cr

Latest Charge Details

Date Lender Amount Status
04 Mar 2023 Axis Bank Limited ₹22.25 Cr Open
07 Dec 2004 State Bank Of India ₹6.50 Cr Open
24 Jun 2016 Others ₹4.00 Cr Satisfied
10 Apr 2013 State Bank Of India ₹17.50 Cr Satisfied
25 Jul 2005 State Bank Of India ₹3.00 M Satisfied

How Many Employees Work at Bright Packaging?

Unlock and access historical data on people associated with Bright Packaging, 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 Packaging, 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 Packaging'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 Packaging

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 6.50 Cr registered on 07 Dec 2004 with Charge ID 90192908 was modified on 03 Aug 2024.

    03 Aug 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Bright Packaging Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 22.25 Cr with Charge ID 100709908 was registered on 04 Mar 2023.

    04 Mar 2023

  • Charges

    A charge registered on 17 Jan 1989 via Charge ID 90190375 with Canara Bank was fully satisfied on 03 Oct 2022.

    03 Oct 2022

  • Charges

    A charge registered on 28 Oct 1985 via Charge ID 90190009 with Canara Bank was fully satisfied on 03 Oct 2022.

    03 Oct 2022

Frequently asked questions

  • Bright Packaging Private Limited was incorporated on 01 Apr 1985.

  • The authorized share capital of Bright Packaging Private Limited is ₹ 8.50 Cr and paid-up capital is ₹ 7.55 Cr.

  • Currently 2 directors are associated with Bright Packaging Private Limited.

    • Ankit Bansal
    • Khushboo Bansal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bright Packaging Private Limited is 162-B Baikampady Industrialarea, New Mangalore India, Karnataka., 575011.

  • The corporate identification number (CIN) of Bright Packaging Private Limited is U74950KA1985PTC006802 and the company number is 006802 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bright Packaging Private Limited is https://www.akbansalgroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bright Packaging Private Limited has risen by 35.95%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bright Packaging Private Limited has experienced an upsurge of 23.96%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bright Packaging Private Limited amount to ₹ 28.75 Cr.

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

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