Brite Merchants Limited

General merchants and traders dealing in goods, commodities, and related activities since 1985.

1985 | Mumbai, Maharashtra (India) | Active
Last Updated:

Brite Merchants Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.48 M
  • Company Age 39 Year, 4 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 14.00 Cr
  • Satisfied Charges ₹ 14.00 Cr
  • Revenue Growth 12.64%
  • Profit Growth 31.11%
  • Ebitda 5.76%
  • Net Worth 9.44%
  • Total Assets 8.70%

About Brite Merchants

Brite Merchants Limited (BML) is a Public Limited Indian Non-Government Company incorporated in India on 12 December 1985 and has a history of 39 years and four months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Real Estate And Construction Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 2.48 M.

The company currently has active open charges totaling ₹14.00 Cr. The company has closed loans amounting to ₹14.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rashmi Poddar, Lakhi Kheradi, and Chandrakant Ghanekar serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U85100MH1985PLC343442

  • Company No.

    019555

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Dec 1985

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Real Estate and Construction
Company report

Brite Merchants Limited

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

Who are the key members and board of directors at Brite Merchants?

Board Members (3)

NameDesignationAppointment DateStatus
Rashmi Poddar Country flag representing In Director 20-Jul-1998Current
Lakhi Kheradi Country flag representing In Director 10-Oct-2016Current
Chandrakant Ghanekar Country flag representing In Director 15-Jul-1997Current

Financial Performance of Brite Merchants.

Brite Merchants Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 12.64% increase. The company also saw a substantial improvement in profitability, with a 31.11% increase in profit. The company's net worth moved up by a moderate rise of 9.44%.

Brite Merchants revenue growth over time
Brite Merchants 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
12.64%
Revenue from Operations
-9.92%
Total Assets
8.70%
Profit or Loss
31.11%
Net Worth
9.44%
EBITDA
5.76%

What is the Ownership and Shareholding Structure of Brite Merchants?

In 2020, Brite Merchants had a promoter holding of 85.73% and a public holding of 14.27%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹140.00 M

Satisfied Charges

₹140.00 M

Charges Breakdown by Lending Institutions

  • Others : 14.00 Cr

Latest Charge Details

DateLenderAmountStatus
09 Dec 2021Others₹14.00 CrOpen
20 Feb 2020Others₹13.00 CrSatisfied
15 Mar 2002Housing Development Corporation Ltd₹1.00 CrSatisfied

How Many Employees Work at Brite Merchants?

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

Employee growth trends for Brite Merchants Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Brite Merchants, 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 Brite Merchants'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 Brite Merchants

Recent activity within the organization

  • Charges

    A charge registered on 20 Feb 2020 via Charge ID 100328806 with Others was fully satisfied on 16 Dec 2021.

  • Charges

    A charge with Others amounted to Rs. 140.00 M with Charge ID 100513064 was registered on 09 Dec 2021.

  • Annual General Meeting

    Brite Merchants Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

  • Balance Sheet

    Brite Merchants Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai.

  • Charges

    A charge with Others amounted to Rs. 130.00 M with Charge ID 100328806 was registered on 20 Feb 2020.

  • Director Appointment

    Lakhi Prasad Radheshyam Kheradi was appointed as a Director was appointed as a Director on 10 Oct 2016 & has been associated with this company since 8 years 6 months .

Frequently asked questions

  • What is the Incorporation or founding date of Brite Merchants Limited?

    Brite Merchants Limited was incorporated on 12 Dec 1985.

  • What is authorized share capital and paid-up capital of Brite Merchants Limited?

    The authorized share capital of Brite Merchants Limited is ₹ 2.50 M and paid-up capital is ₹ 2.48 M.

  • Who are the current board members & directors of Brite Merchants Limited?

    Currently 3 directors are associated with Brite Merchants Limited.

    • Rashmi Poddar
    • Lakhi Prasad Radheshyam Kheradi
    • Chandrakant Atmaram Ghanekar

  • What is the registered address of Brite Merchants Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Brite Merchants Limited is Unit 6 Plot-126 Neeru Silk Mills Mathuradas Mill Comp Lower Parel, Delisl E Road India, Mumbai, Maharashtra, 400013.

  • What is the corporate identification number (CIN) and company number of Brite Merchants Limited?

    The corporate identification number (CIN) of Brite Merchants Limited is U85100MH1985PLC343442 and the company number is 019555 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Brite Merchants Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Brite Merchants Limited has risen by 12.64%.

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

    The financial reports for the fiscal year 2020 indicates that The net worth of Brite Merchants Limited has experienced an upsurge of 9.44%.

  • What are the total open charges for Brite Merchants Limited?

    As per the financial statements for fiscal Year 2020, The total open charges for Brite Merchants Limited amount to ₹ 14.00 Cr.

  • When was the last Balance Sheet of Brite Merchants Limited filed with the ROC?

    The most recent Balance Sheet for Brite Merchants Limited was filed with the ROC on 31 Mar 2021.

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