Brightway Gloves Private Limited

Manufactures and distributes latex dipped medical examination gloves and accessories in West Africa.

2001 | Nagercoil - 629 001., Tamil Nadu (India) | Active
Last Updated: July 29, 2024

Brightway Gloves Profile

Key Indicators

  • Authorised Capital ₹ 5.40 M
  • Paid Up Capital ₹ 1.50 M
  • Company Age 23 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.91 Cr
  • Satisfied Charges ₹ 10.48 Cr
  • Revenue Growth -38.28%
  • Profit Growth 9.87%
  • Ebitda -68.09%
  • Net Worth 179.93%
  • Total Assets -5.24%

About Brightway Gloves

Brightway Gloves Private Limited (BGPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 February 2001 and has a history of 23 years and 11 months. Its registered office is in Nagercoil - 629 001., Tamil Nadu, India.

The Company is engaged in the Healthcare 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 5.40 M and a paid-up capital of Rs 1.50 M.

The company currently has active open charges totaling ₹6.91 Cr. The company has closed loans amounting to ₹10.48 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rajan Pillai and Varun Kumaraswamy serve as directors at the Company.

Company Details

  • Location

    Nagercoil - 629 001., Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24236TN2001PTC046664

  • Company No.

    046664

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Feb 2001

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Healthcare

Who are the key members and board of directors at Brightway Gloves?

Executive Team (1)

Name Designation Appointment Date Status
Varun Kumaraswamy Country flag representing Us Managing Director 04-Sep-2020 Current

Board Members (1)

Name Designation Appointment Date Status
Rajan Pillai Director 03-Nov-2022 Current

Financial Performance of Brightway Gloves.

Brightway Gloves Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 38.28% decrease. The company also saw a slight improvement in profitability, with a 9.87% increase in profit. The company's net worth Soared by an impressive increase of 179.93%.

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
-38.28%
Revenue from Operations
-45.02%
Total Assets
-5.24%
Profit or Loss
9.87%
Net Worth
179.93%
EBITDA
-68.09%

What is the Ownership and Shareholding Structure of Brightway Gloves?

In 2023, Brightway Gloves 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

₹69.05 M

Satisfied Charges

₹104.75 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 6.91 Cr

Latest Charge Details

Date Lender Amount Status
31 May 2022 Hdfc Bank Limited ₹6.91 Cr Open
28 Sep 2021 Others ₹5.00 Cr Satisfied
03 Jun 2020 Others ₹1.08 Cr Satisfied
30 May 2017 Others ₹4.40 Cr Satisfied

How Many Employees Work at Brightway Gloves?

Brightway Gloves has a workforce of 66 employees as of Apr 07, 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 Brightway Gloves, 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 Brightway Gloves'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 Brightway Gloves

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Brightway Gloves Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 69.05 M registered on 31 May 2022 with Charge ID 100584718 was modified on 08 Mar 2023.

    08 Mar 2023

  • Director Appointment

    Rajan Thangappan Pillai was appointed as a Director was appointed as a Director on 03 Nov 2022 & has been associated with this company since 2 years 3 months .

    03 Nov 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 69.05 M with Charge ID 100584718 was registered on 31 May 2022.

    31 May 2022

  • Charges

    A charge registered on 28 Sep 2021 via Charge ID 100492361 with Others was fully satisfied on 22 Feb 2022.

    22 Feb 2022

Frequently asked questions

  • Brightway Gloves Private Limited was incorporated on 20 Feb 2001.

  • The authorized share capital of Brightway Gloves Private Limited is ₹ 5.40 M and paid-up capital is ₹ 1.50 M.

  • Currently 2 directors are associated with Brightway Gloves Private Limited.

    • Rajan Thangappan Pillai
    • Varun Kumaraswamy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Brightway Gloves Private Limited is Pioneer Manikandan Buildingvadasery Vadasery, Nagercoil - 629 001., Tamil Nadu, India, 629001.

  • The corporate identification number (CIN) of Brightway Gloves Private Limited is U24236TN2001PTC046664 and the company number is 046664 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Brightway Gloves Private Limited is https://www.brightwaygloves.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Brightway Gloves Private Limited has fallen by -38.28%.

  • As Per 2023 financial reports, 66 employees are currently employed by Brightway Gloves Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Brightway Gloves Private Limited has experienced an upsurge of 179.93%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Brightway Gloves Private Limited amount to ₹ 6.91 Cr.

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

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