Bright Solar Limited

Solar energy company specializing in power generation, water pumps, and rural projects.

2010 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Bright Solar Profile

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 25.00 Cr
  • Company Age 15 Year, 18 Days
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 7.50 Cr
  • Revenue Growth 220.68%
  • Profit Growth 100.73%
  • Ebitda 99.77%
  • Net Worth 0.18%
  • Total Assets 15.79%

About Bright Solar

Bright Solar Limited (BSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 April 2010 and has a history of 15 years. Its registered office is in Ahmedabad, Gujarat, India.

It is listed on the National Stock Exchange(NSE) under the ticker symbol BRIGHT.

The Corporate was formerly known as Bright Solar Private Limited. The Company is engaged in the Environment 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 30.00 Cr and a paid-up capital of Rs 25.00 Cr.

The company has closed loans amounting to ₹7.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Bright Solar Limited India is Parth Jethava as CFO. Piyushkumar Thumar, Ajay Singh, Jagrutiben Joshi, and One other member serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L51109GJ2010PLC060377

  • Company No.

    060377

  • Stock Symbol

    NSE : BRIGHT

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Apr 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Environment
Company report

Bright Solar Limited

Explore comprehensive data for Bright Solar Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (2)

NameDesignationAppointment DateStatus
Piyushkumar Thumar Country flag representing In Managing Director23-Apr-2010Current
Parth Jethava CFO10-Jan-2023Current

Board Members (3)

NameDesignationAppointment DateStatus
Viren Makwana Country flag representing In Director 23-Dec-2020Current
Ajay Singh Country flag representing In Whole-Time Director 12-Oct-2020Current
Jagrutiben Joshi Country flag representing In Director 05-Jan-2018Current

Financial Performance of Bright Solar.

Bright Solar Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 220.68% increase. The company also saw a substantial improvement in profitability, with a 100.73% increase in profit. The company's net worth moved up by a moderate rise of 0.18%.

Bright Solar revenue growth over time
Bright Solar 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
220.68%
Revenue from Operations
228.06%
Total Assets
15.79%
Profit or Loss
100.73%
Net Worth
0.18%
EBITDA
99.77%

What is the Ownership and Shareholding Structure of Bright Solar?

In 2021, Bright Solar had a promoter holding of 62.24% and a public holding of 37.75%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹7.50 Cr

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 7.00 Cr
  • Vijaya Bank : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
22 Jul 2014Vijaya Bank₹5.00 MSatisfied
09 Jul 2014City Union Bank Limited₹7.00 CrSatisfied

How Many Employees Work at Bright Solar?

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

Employee growth trends for Bright Solar Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bright Solar, 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 Solar'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 Solar

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Bright Solar Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

  • Director Appointment

    Parth Rameshbhai Jethava was appointed as a Cfo was appointed as a Cfo on 10 Jan 2023 & has been associated with this company since 2 years 4 months .

  • Director Appointment

    Viren Rajeshkumar Makwana was appointed as a Director was appointed as a Director on 23 Dec 2020 & has been associated with this company since 4 years 4 months .

  • Director Appointment

    Ajay Raj Singh was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 12 Oct 2020 & has been associated with this company since 4 years 6 months .

  • Charges

    A charge registered on 09 Jul 2014 via Charge ID 10532661 with City Union Bank Limited was fully satisfied on 20 Jul 2018.

Frequently asked questions

  • What is the Incorporation or founding date of Bright Solar Limited?

    Bright Solar Limited was incorporated on 23 Apr 2010.

  • What is authorized share capital and paid-up capital of Bright Solar Limited?

    The authorized share capital of Bright Solar Limited is ₹ 30.00 Cr and paid-up capital is ₹ 25.00 Cr.

  • Who are the current board members & directors of Bright Solar Limited?

    Currently 5 directors are associated with Bright Solar Limited.

    • Piyushkumar Thumar
    • Ajay Raj Singh
    • Jagrutiben Rameshbhai Joshi
    • Viren Rajeshkumar Makwana
    • Parth Rameshbhai Jethava

  • What is the registered address of Bright Solar Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Bright Solar Limited is C-103 Titanium Square Thaltej Cross Road, S.G Highway Thaltej, Ahmedabad, Gujarat, India, 380059.

  • What is the corporate identification number (CIN) and company number of Bright Solar Limited?

    The corporate identification number (CIN) of Bright Solar Limited is L51109GJ2010PLC060377 and the company number is 060377 as per Ministry of Corporate Affairs (MCA).

  • Is Bright Solar Limited registered with any stock exchange in India?

    Yes, Bright Solar Limited is registered on National Stock Exchange (NSE).

  • What is the official website of Bright Solar Limited?

    The Official website of Bright Solar Limited is https://www.brightsolar.in

  • What has been the recent revenue trend for Bright Solar Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Bright Solar Limited has risen by 220.68%.

  • What change has been observed in the net worth of Bright Solar Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Bright Solar Limited has experienced an upsurge of 0.18%.

  • When was the last Balance Sheet of Bright Solar Limited filed with the ROC?

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

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