Bright Approach Private Limited
About Bright Approach Private Limited
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Bright Approach Private Limited is a private limited company based in Panvel, Maharashtra, India. It operates in the transportation and logistics segment of the transportation sector. It was incorporated on 09 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63030MH2019PTC327769. Its GSTIN is 32AAICB5325N1ZL (Kerala). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Jamshad Cholakkara (Managing Director) and Shoby Manikandan.
Its last annual general meeting (AGM) was held on 15 January 2022, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Shop No:06 Silvar Crust Kamothe Village, Panvel, Maharashtra, India – 410206.
As per the financials filed for FY 2021, the company reported a revenue of ₹33.1 Lakh. For the same year it recorded a net loss of ₹7.41 Lakh (net margin -22.4%) and EBITDA of -₹6.76 Lakh (EBITDA margin -20.4%).
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- Registered AddressShop No:06 Silvar Crust Kamothe Village, Panvel, Maharashtra, India – 410206
- IndustryTransportation, Transportation Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Bright Approach Private Limited
The main business activity of Bright Approach is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Bright Approach Private Limited FY 2021 filings available
Bright Approach Private Limited reported revenue of ₹33.1 Lakh for FY 2021.
Financial Statement Summary of Bright Approach Private Limited
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | •••• |
| Other Income | •••• | •••• |
| Total Revenue | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | -₹6.76 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | -₹7.41 Lakh | •••• |
| Balance Sheet | ||
| Share Capital | •••• | •••• |
| Reserves and Surplus | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• |
| Long-term Borrowings | •••• | •••• |
| Short-term Borrowings | •••• | •••• |
| Trade Payables | •••• | •••• |
| Total Liabilities | •••• | •••• |
| Fixed Assets | •••• | •••• |
| Investments | •••• | •••• |
| Inventories | •••• | •••• |
| Trade Receivables | •••• | •••• |
| Cash and Bank Balance | •••• | •••• |
| Total Assets | •••• | •••• |
Financial Ratios of Bright Approach Private Limited
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -20.4% | •••• |
| Net Profit Margin | -22.4% | •••• |
| Return on Equity (ROE) | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• |
| Liquidity and Debt | ||
| Current Ratio | •••• | •••• |
| Quick Ratio | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• |
| Efficiency and Growth | ||
| Asset Turnover | •••• | •••• |
| Receivable Days | •••• | •••• |
| Payable Days | •••• | •••• |
| Inventory Days | •••• | •••• |
| Revenue Growth | •••• | •••• |
| Net Profit Growth | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Bright Approach are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Bright Approach Private Limited
Bright Approach Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Retail Trading). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Recursive Info Private Limited | ₹33.13 Lakh (FY 2025) | •••• | •••• | 60.0% | •••• | Vadodara, Gujarat, India |
| Talent Multitrade Private Limited | ₹33.12 Lakh (FY 2019) | •••• | •••• | •••• | Navi Mumbai, Maharashtra, India | |
| Champadar Industries Private Limited | ₹33.11 Lakh (FY 2025) | •••• | •••• | -60.0% | •••• | Kholakhali, West Bengal, India |
| Autoparts Hub Private Limited | ₹33.1 Lakh (FY 2024) | •••• | •••• | -83.0% | •••• | Secunderabad, Telangana, India |
| Bhabhi Ji Family Wears Private Limited | ₹33.1 Lakh (FY 2024) | •••• | •••• | -62.0% | •••• | Mathura, Uttar Pradesh, India |
| Bright Approach Private Limited this company | ₹33.1 Lakh (FY 2021) | •••• | •••• | •••• | Panvel, Maharashtra, India | |
| Kreesha Energy Systems Private Limited | ₹33.1 Lakh (FY 2024) | •••• | •••• | 153.0% | •••• | Gurugram, Haryana, India |
| Manifest Retail Private Limited | ₹33.08 Lakh (FY 2019) | •••• | •••• | 369.0% | •••• | Guwahati, Assam, India |
| Puratham Milk Private Limited | ₹33.08 Lakh (FY 2017) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Bluestar Lifecare Private Limited | ₹33.08 Lakh (FY 2025) | •••• | •••• | 277.0% | •••• | Mumbai, Maharashtra, India |
| Sonth Kashmir Private Limited | ₹33.08 Lakh (FY 2024) | •••• | •••• | 39.0% | •••• | Srinagar, Jammu and Kashmir, India |
Peers are the five companies nearest above and the five nearest below Bright Approach by revenue in the same principal business activity (Retail Trading), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Bright Approach Private Limited
Bright Approach has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jamshad Cholakkara Also directs: Emporia Exim LLP | Managing Director | 09 Jul 2019 | 7 Years 3 Months | Current |
| Shoby Manikandan Also directs: Shipeo Exports LLP | Director | 09 Jul 2019 | 7 Years 3 Months | Current |
Ownership and Shareholding of Bright Approach Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Bright Approach Private Limited
Bright Approach Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Bright Approach Private Limited
Employment history and EPFO contributions of people linked to Bright Approach.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Bright Approach Private Limited
Bright Approach Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Jamshad Cholakkara was appointed as Managing Director on 09 Jul 2019.
Credit Ratings, Litigation & Regulatory Alerts for Bright Approach Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Bright Approach Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Bright Approach Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Bright Approach Private Limited
Bright Approach has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAICB5325N1ZL | Kerala | Active | 14 Jul 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Bright Approach Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Bright Approach Private Limited
Bright Approach is an active private limited company based in Panvel, Maharashtra, India. The company works in transportation services, within the transportation industry. It was incorporated on 09 July 2019 (7+ years old) and is registered under CIN U63030MH2019PTC327769.
Bright Approach reported revenue of ₹33.1 Lakh for FY 2021.
Bright Approach has 2 current directors:
- Jamshad Cholakkara - Managing Director
- Shoby Manikandan - Director
Bright Approach reported a net loss of ₹7.41 Lakh (net margin -22.4%) and EBITDA of -₹6.76 Lakh (EBITDA margin -20.4%) for FY 2021, as per its filed financial statements.
The GSTIN of Bright Approach is 32AAICB5325N1ZL, registered in Kerala. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Bright Approach is U63030MH2019PTC327769. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bright Approach was incorporated on 09 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Bright Approach by revenue are Recursive Info Private Limited, Talent Multitrade Private Limited, Champadar Industries Private Limited, Autoparts Hub Private Limited, Bhabhi Ji Family Wears Private Limited and 5 more, all in the same principal business activity (Retail Trading).
Jamshad Cholakkara was appointed as Managing Director on 09 Jul 2019. Shoby Manikandan was appointed as Director on 09 Jul 2019.
The registered office of Bright Approach is at Shop No:06 Silvar Crust Kamothe Village, Panvel, Maharashtra, India – 410206.
Bright Approach has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh.