Brilyant It Solutions Private Limited

IT distribution and supply of electronics, hardware, and software products and services.

2014 | Bangaluru, Karnataka (India) | Active
Last Updated: November 17, 2024

Brilyant It Solutions Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 9.00 Cr
  • Company Age 10 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 40.74 Cr
  • Satisfied Charges ₹ 11.50 Cr
  • Revenue Growth 2.55%
  • Profit Growth 17.65%
  • Ebitda 50.58%
  • Net Worth 46.87%
  • Total Assets 53.34%

About Brilyant It Solutions

Brilyant It Solutions Private Limited (BISPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 August 2014 and has a history of Ten years and five months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Brilyant Tech Infra Private Limited. The Company is engaged in the Information Technology 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 10.00 Cr and a paid-up capital of Rs 9.00 Cr.

The company currently has active open charges totaling ₹40.74 Cr. The company has closed loans amounting to ₹11.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Geetika Reddy and Suresh Reddy serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    brilyant.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200KA2014PTC076038

  • Company No.

    076038

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Aug 2014

  • Date of AGM

    14 Nov 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

What products or services does Brilyant It Solutions Private Limited offer?

Brilyant It Solutions Private Limited offers a wide range of products and services, including SEO Consultation Service, Digital Marketing Solution Services, Software Development & IT Consultant, Software Consulting Service, Data Centre Solution, Elevator Servicing, Residential & Commercial Security, Security Consultancy, Welfare Organization Services, Social Collaboration Services.

Who are the key members and board of directors at Brilyant It Solutions?

Board Members (2)

NameDesignationAppointment DateStatus
Geetika Reddy Country flag representing In Whole-Time Director 18-May-2018Current
Suresh Reddy Country flag representing In Whole-Time Director 26-Aug-2014Current

Financial Performance of Brilyant It Solutions.

Brilyant It Solutions Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.55% increase. The company also saw a substantial improvement in profitability, with a 17.65% increase in profit. The company's net worth Soared by an impressive increase of 46.87%.

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
2.55%
Revenue from Operations
2.50%
Total Assets
53.34%
Profit or Loss
17.65%
Net Worth
46.87%
EBITDA
50.58%

What is the Ownership and Shareholding Structure of Brilyant It Solutions?

In 2023, Brilyant It Solutions had a promoter holding of 88.67% and a public holding of 11.33%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹40.74 Cr

Satisfied Charges

₹11.50 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 25.74 Cr
  • Others : 10.00 Cr
  • Axis Bank Limited : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
02 Dec 2023Axis Bank Limited₹5.00 CrOpen
31 Jan 2023Others₹5.00 CrOpen
30 Aug 2022Others₹5.00 CrOpen
31 Aug 2019State Bank Of India₹25.74 CrOpen
03 Sep 2021Others₹2.00 CrSatisfied

How Many Employees Work at Brilyant It Solutions?

Brilyant It Solutions has a workforce of 111 employees as of Jul 19, 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 Brilyant It Solutions, 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 Brilyant It Solutions'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 Brilyant It Solutions

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 5.00 Cr registered on 31 Jan 2023 with Charge ID 100716507 was modified on 27 Feb 2024.

    27 Feb 2024

  • Charges

    A charge with Axis Bank Limited of Rs. 5.00 Cr registered on 02 Dec 2023 with Charge ID 100825095 was modified on 20 Feb 2024.

    20 Feb 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100825095 was registered on 02 Dec 2023.

    02 Dec 2023

  • Annual General Meeting

    Brilyant It Solutions Private Limited last Annual general meeting of members was held on 14 Nov 2023 as per latest MCA records.

    14 Nov 2023

  • Charges

    A charge registered on 03 Sep 2021 via Charge ID 100512132 with Others was fully satisfied on 17 Aug 2023.

    17 Aug 2023

  • Balance Sheet

    Brilyant It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

Frequently asked questions

  • Brilyant It Solutions Private Limited was incorporated on 26 Aug 2014.

  • The authorized share capital of Brilyant It Solutions Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 9.00 Cr.

  • Currently 2 directors are associated with Brilyant It Solutions Private Limited.

    • Geetika Reddy
    • Suresh S Reddy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Brilyant It Solutions Private Limited is No 915 And 916 8Th Floor Oxford Towers New Muncipal No. 139, Hal Air Port Road India, Bangalore, Karnataka, 560008.

  • The corporate identification number (CIN) of Brilyant It Solutions Private Limited is U72200KA2014PTC076038 and the company number is 076038 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Brilyant It Solutions Private Limited is https://www.brilyant.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Brilyant It Solutions Private Limited has risen by 2.55%.

  • As Per 2023 financial reports, 111 employees are currently employed by Brilyant It Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Brilyant It Solutions Private Limited has experienced an upsurge of 46.87%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Brilyant It Solutions Private Limited amount to ₹ 40.74 Cr.

  • The most recent Balance Sheet for Brilyant It Solutions Private Limited was filed with the ROC on 31 Mar 2023.

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