Brightway Gloves Profile
Key Indicators
- Authorised Capital ₹ 5.40 M
- Paid Up Capital ₹ 1.50 M
- Company Age 24 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- 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 24 years and two months. Its registered office is in Kanyakumari, 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 2024. 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.
Varun Kumaraswamy and Rajan Pillai serve as directors at the Company.
Company Details
- Location
Kanyakumari, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- 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 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Healthcare
Brightway Gloves Private Limited
Explore comprehensive data for Brightway Gloves Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Brightway Gloves?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Varun Kumaraswamy  | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
- Vasi Medicals Limited Liability Partners Hip
Varun Kumaraswamy is a mutual person
- Mahath Foods Private Limited
Varun Kumaraswamy is a mutual person
- Sri Anusham Rubber Industries Private Limited
Varun Kumaraswamy and Rajan Pillai are mutual person
- Mahath Industries Private Limited
Varun Kumaraswamy is a mutual person
- Vidyana Edutech Private Limited
Varun Kumaraswamy is a mutual person
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.
Deals i
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
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
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 2024 as per latest MCA records.
- Balance Sheet
Brightway Gloves Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- 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.
- 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 6 months .
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 69.05 M with Charge ID 100584718 was registered on 31 May 2022.
- Charges
A charge registered on 28 Sep 2021 via Charge ID 100492361 with Others was fully satisfied on 22 Feb 2022.
Frequently asked questions
What is the Incorporation or founding date of Brightway Gloves Private Limited?
Brightway Gloves Private Limited was incorporated on 20 Feb 2001.
What is authorized share capital and paid-up capital of Brightway Gloves Private Limited?
The authorized share capital of Brightway Gloves Private Limited is ₹ 5.40 M and paid-up capital is ₹ 1.50 M.
Who are the current board members & directors of Brightway Gloves Private Limited?
Currently 2 directors are associated with Brightway Gloves Private Limited.
- Varun Kumaraswamy
- Rajan Thangappan Pillai
What is the registered address of Brightway Gloves Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Brightway Gloves Private Limited is Pioneer Manikandan Buildingvadasery Vadasery, India, Nagercoil - 629 001., Tamil Nadu, 629001.
What is the corporate identification number (CIN) and company number of Brightway Gloves Private Limited?
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).
What is the official website of Brightway Gloves Private Limited?
The Official website of Brightway Gloves Private Limited is https://www.brightwaygloves.com
What has been the recent revenue trend for Brightway Gloves Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Brightway Gloves Private Limited has fallen by -38.28%.
How many employees does Brightway Gloves Private Limited currently have?
As Per 2023 financial reports, 66 employees are currently employed by Brightway Gloves Private Limited.
What change has been observed in the net worth of Brightway Gloves Private Limited, and by what percentage?
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%.
What are the total open charges for Brightway Gloves Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Brightway Gloves Private Limited amount to ₹ 6.91 Cr.
When was the last Balance Sheet of Brightway Gloves Private Limited filed with the ROC?
The most recent Balance Sheet for Brightway Gloves Private Limited was filed with the ROC on 31 Mar 2024.
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