Bright Precision Machining Works Private Limited

Provides precision components, assemblies, and services for engineering industry.

2018 | Pune, Maharashtra (India) | Active
Last Updated: July 01, 2024

Bright Precision Machining Works Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 6 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 24.06 Cr
  • Revenue Growth 37.70%
  • Profit Growth 56.03%
  • Ebitda 21.33%
  • Net Worth 152.79%
  • Total Assets 32.65%

About Bright Precision Machining Works

Bright Precision Machining Works Private Limited (BPMWPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 November 2018 (Six years and three months 2 days old ). Its registered office is in Pune, Maharashtra, India.

The Company is engaged in the Machinery And Equipment 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 0.50 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹24.06 Cr.

Saroj Suttatti, Savita Suttatti, Sharan Mahantappa, and One other member serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29100PN2018PTC180105

  • Company No.

    180105

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Nov 2018

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Machinery and Equipment

Who are the key members and board of directors at Bright Precision Machining Works?

Board Members (4)

Name Designation Appointment Date Status
Satish Suttatti Country flag representing In Director 13-May-2022 Current
Saroj Suttatti Country flag representing In Director 01-Jan-2024 Current
Savita Suttatti Country flag representing In Director 01-Jan-2024 Current
Sharan Mahantappa Country flag representing In Whole-Time Director 08-Nov-2018 Current

Financial Performance of Bright Precision Machining Works.

Bright Precision Machining Works Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.7% increase. The company also saw a substantial improvement in profitability, with a 56.03% increase in profit. The company's net worth Soared by an impressive increase of 152.79%.

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
37.70%
Revenue from Operations
33.60%
Total Assets
32.65%
Profit or Loss
56.03%
Net Worth
152.79%
EBITDA
21.33%

What is the Ownership and Shareholding Structure of Bright Precision Machining Works?

In 2023, Bright Precision Machining Works 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

₹240.56 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 19.80 Cr
  • Sidbi : 4.26 Cr

Latest Charge Details

Date Lender Amount Status
30 Jun 2023 Sidbi ₹1.00 Cr Open
28 Jan 2023 Hdfc Bank Limited ₹19.40 Cr Open
25 Nov 2021 Sidbi ₹2.27 M Open
25 Nov 2021 Sidbi ₹1.31 Cr Open
09 Sep 2021 Sidbi ₹1.72 Cr Open

How Many Employees Work at Bright Precision Machining Works?

Bright Precision Machining Works has a workforce of 72 employees as of Apr 06, 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 Precision Machining Works, 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 Precision Machining Works'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 Precision Machining Works

Recent activity within the organization

  • Director Appointment

    Saroj Sharan Suttatti was appointed as a Director was appointed as a Director on 01 Jan 2024 & has been associated with this company since 1 year 1 month .

    01 Jan 2024

  • Director Appointment

    Savita Satish Suttatti was appointed as a Director was appointed as a Director on 01 Jan 2024 & has been associated with this company since 1 year 1 month .

    01 Jan 2024

  • Annual General Meeting

    Bright Precision Machining Works 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 Hdfc Bank Limited of Rs. 194.00 M registered on 28 Jan 2023 with Charge ID 100678321 was modified on 15 Sep 2023.

    15 Sep 2023

  • Charges

    A charge with Sidbi amounted to Rs. 10.00 M with Charge ID 100750153 was registered on 30 Jun 2023.

    30 Jun 2023

  • Balance Sheet

    Bright Precision Machining Works Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

Frequently asked questions

  • Bright Precision Machining Works Private Limited was incorporated on 08 Nov 2018.

  • The authorized share capital of Bright Precision Machining Works Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 4 directors are associated with Bright Precision Machining Works Private Limited.

    • Saroj Sharan Suttatti
    • Savita Satish Suttatti
    • Sharan Suttatti Mahantappa
    • Satish Sharan Suttatti
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bright Precision Machining Works Private Limited is Plot No.109/12 Ramtekdi Industrial Estate Hadapsar, Pune, Maharashtra, India, 411013.

  • The corporate identification number (CIN) of Bright Precision Machining Works Private Limited is U29100PN2018PTC180105 and the company number is 180105 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bright Precision Machining Works Private Limited is https://www.bew.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bright Precision Machining Works Private Limited has risen by 37.70%.

  • As Per 2023 financial reports, 72 employees are currently employed by Bright Precision Machining Works Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bright Precision Machining Works Private Limited has experienced an upsurge of 152.79%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bright Precision Machining Works Private Limited amount to ₹ 24.06 Cr.

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

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