Bright Ideas Finvest Private Limited
About Bright Ideas Finvest Private Limited
Data last updated:
Bright Ideas Finvest Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 18 June 2008.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH2008PTC183631.
The company had an authorised share capital of ₹2.35 Cr and a paid-up capital of ₹2.25 Cr. It was led by directors Amit Ramesh Rishi and Ramesh Chhabaji More.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2017, the company reported a revenue of ₹28,806. For the same year it recorded a net profit of ₹4,286 (net margin 14.9%) and EBITDA of -₹16,450 (EBITDA margin -57.1%).
Company details
Contact details
Bright Ideas Finvest Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address13th Floor Trade World D – Wing Kamala Mill Compound Senapati Bapat Marg Lowerpare, L, Mumbai, Maharashtra, India – 400013
- IndustryFinancial Services, Financial Activities
To see the full contact details of Bright Ideas Finvest Private Limited, buy the company report.
- 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
Financials of Bright Ideas Finvest Private Limited
FY 2024 filings availableBright Ideas Finvest Private Limited reported revenue of ₹28,806 for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹28,806 | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹16,450 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹4,286 | ||
| 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -57.1% | ||
| Net Profit Margin | 14.9% | ||
| 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 | |||
To see the full financial statements and ratios of Bright Ideas Finvest Private Limited, buy the company report.
Board of directors of Bright Ideas Finvest Private Limited
Bright Ideas Finvest has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Ramesh Rishi Also directs: Prithvi Sales Pvt Ltd, Soumya Trading and Finance Private Limited, Subham Fabrics LLP and 5 more | Director | 01 Jan 2021 | 5 Years 10 Months | As last reported |
| Ramesh Chhabaji More Also directs: Takshii Builder Private Limited, Prithvi Sales Pvt Ltd, Soumya Trading and Finance Private Limited and 3 more | Director | 01 Jan 2021 | 5 Years 10 Months | As last reported |
Auditor
Bright Ideas Finvest Private Limited is audited by S S RATHI & Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S S RATHI & Co. | FY 2017 | 108726W |
Shareholding
The shareholding of Bright Ideas Finvest Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Bright Ideas Finvest Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Bright Ideas Finvest Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bright Ideas Finvest Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Bright Ideas Finvest has 3 associated companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Bright Ideas Finvest Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Bright Ideas Finvest Private Limited has 9 board changes on record since 2011: 2 appointments and 7 cessations. The latest: Amit Ramesh Rishi ceased to be Additional Director on 22 Nov 2021.
Frequently asked questions
Bright Ideas Finvest has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Bright Ideas Finvest was a private limited company based in Mumbai, Maharashtra, India. The company worked in financial activities, within the financial services industry. It was incorporated on 18 June 2008 and is registered under CIN U67190MH2008PTC183631. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Bright Ideas Finvest was incorporated on 18 June 2008. It is registered with the Registrar of Companies, Mumbai.
Bright Ideas Finvest had 2 directors:
- Amit Ramesh Rishi - Director
- Ramesh Chhabaji More - Director
The CIN (Corporate Identification Number) of Bright Ideas Finvest is U67190MH2008PTC183631. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Bright Ideas Finvest is at 13th Floor Trade World D – Wing Kamala Mill Compound Senapati Bapat Marg Lowerpare, L, Mumbai, Maharashtra, India – 400013.
The latest financial statements of Bright Ideas Finvest on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from 2015 are in the company report.
Bright Ideas Finvest operated in the financial services industry, in the financial activities segment.
Amit Ramesh Rishi ceased to be Additional Director on 22 Nov 2021. Ramesh Chhabaji More ceased to be Additional Director on 22 Nov 2021. Amit Ramesh Rishi was appointed as Director on 01 Jan 2021. Bright Ideas Finvest has 9 board changes on record in total.
The compliance status of Bright Ideas Finvest is compliant as of 12 August 2026.
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