MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0151156
Bright Wave Projects Private Limited - real estate and construction in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹3.17 Cr
▼ 27% YoY
Net loss · FY 2021
₹6.81 Lakh
Net margin -2.1%
EBITDA · FY 2021
₹1.79 Lakh
EBITDA margin 0.6%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
13 yrs
Est. 2013
Directors on board
3
As per MCA filings
Active GSTINs
1
of 3 registered
About Bright Wave Projects Private Limited
Data last updated:
Bright Wave Projects Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 04 March 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U70100TG2013PTC086067. Its GSTIN is 29AAFCB4800R1Z9 (Karnataka). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Bright Wave Reality Projects Private Limited. It is led by directors including Ajay Bhagat (Managing Director) and Praveen Jha.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at No.3 – 94 Plot No.37 1st Floor Road No.12 Snehapuri Colony Nagole, Hyderabad, Telangana, India – 500035.
As per the financials filed for FY 2021, the company reported a revenue of ₹3.17 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹6.81 Lakh (net margin -2.1%) and EBITDA of ₹1.79 Lakh (EBITDA margin 0.6%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 31% over five years.
Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Brightwave Projects. Court records list 20 cases involving the company, including 6 filed by the company and 9 filed against it; 10 cases are pending.
Bright Wave Projects Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0151156). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website brightwaveprojects.com.
Company Details of Bright Wave Projects Private Limited
CIN U70100TG2013PTC086067
Registration Number 086067
Incorporation Date 04 March 2013
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0151156
CIN History of Bright Wave Projects Private Limited
Bright Wave Projects has one previous CIN (Corporate Identification Number): U70100AP2013PTC086067. The current CIN is U70100TG2013PTC086067, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70100TG2013PTC086067 | Current |
| U70100AP2013PTC086067 | Previous |
Key People
Ajay Bhagat Managing Director Praveen Jha Director Keresuragondanahalli Shivaramaiah Prakasha Director Recognitions & Rankings of Bright Wave Projects
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo.3 – 94 Plot No.37 1st Floor Road No.12 Snehapuri Colony Nagole, Hyderabad, Telangana, India – 500035
- IndustryReal Estate and Construction, Real Estate Builders & Developers
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Associated Brands with Bright Wave Projects Private Limited
Bright Wave Projects operates one associated brand: Brightwave Projects. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Real estate construction, advisory, and project development services in Bangalore. | brightwaveprojects.com |
Business Activity of Bright Wave Projects Private Limited
The main business activity of Bright Wave Projects is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
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Financials of Bright Wave Projects Private Limited FY 2021 filings available
Bright Wave Projects Private Limited reported revenue of ₹3.17 Cr (down 27% YoY) for FY 2021.
Revenue · FY 2021
₹3.17 Cr ▼ 27%
Net loss · FY 2021
₹6.81 Lakh margin -2.1%
EBITDA · FY 2021
₹1.79 Lakh margin 0.6%
Compounded Annual Growth Rate (CAGR) of Bright Wave Projects Private Limited
Revenue CAGR growth
1 year
▼ 27%
3 years · compounded
▲ 35%
5 years · compounded
▲ 31%
EBITDA CAGR growth
1 year
▼ 94%
3 years · compounded
▼ 57%
5 years · compounded
▼ 22%
Revenue fell 27% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 31%. EBITDA fell 94% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Bright Wave Projects Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹3.17 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.79 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6.81 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 Wave Projects Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -2.1% | •••• | •••• | •••• | •••• |
| 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 Wave Projects are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Verified entity values are shown only after access is granted.
Board of Directors of Bright Wave Projects Private Limited
Bright Wave Projects has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Bhagat | Managing Director | 04 Mar 2013 | 13 Years 7 Months | Current |
| Praveen Jha | Director | 31 Jan 2014 | 12 Years 8 Months | Current |
| Keresuragondanahalli Shivaramaiah Prakasha | Director | 12 Dec 2022 | 3 Years 10 Months | Current |
Peer Comparison of Bright Wave Projects Private Limited
Bright Wave Projects Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Trident Buildtech Private Limited | ₹3.4 Cr (FY 2024) | •••• | •••• | -37.0% | •••• | Mumbai, Maharashtra, India |
| Exotica402 Infracon Private Limited | ₹3.4 Cr (FY 2020) | •••• | •••• | 4750.0% | •••• | New Delhi, Delhi, India |
| A.M.R.Developers Private Limited | ₹3.4 Cr (FY 2024) | •••• | •••• | 3486.0% | •••• | Nashik, Maharashtra, India |
| Dhwarco Business Center Private Limited | ₹3.4 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Chennai, Tamil Nadu, India |
| Jyotisuper Builders Private Limited | ₹3.39 Cr (FY 2024) | •••• | •••• | -55.0% | •••• | Rewari, Haryana, India |
| Tarc Green Retreat Limited | ₹3.39 Cr (FY 2025) | •••• | •••• | 182.0% | •••• | New Delhi, Delhi, India |
| Maurya Vihar Homes Private Limited | ₹3.39 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Ranchi, Jharkhand, India |
| Bulandi Realcon Private Limited | ₹3.39 Cr (FY 2024) | •••• | •••• | 46.0% | •••• | Kolkata, West Bengal, India |
| Anaha Holdings Private Limited | ₹3.39 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Chennai, Tamil Nadu, India |
| Vivisu Buildcon Private Limited | ₹3.39 Cr (FY 2024) | •••• | •••• | -61.0% | •••• | Meerut, Uttar Pradesh, India |
| Bright Wave Projects Private Limited this company | ₹3.17 Cr (FY 2021) | •••• | •••• | -27.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Bright Wave Projects by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Bright Wave Projects Private Limited
Bright Wave Projects Private Limited is audited by SAMPATH & RAMESH for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SAMPATH & RAMESH | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Bright Wave Projects Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Bright Wave Projects Private Limited
Bright Wave Projects Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Bright Wave Projects Private Limited
Bright Wave Projects Private Limited has 20 court cases on record: 6 filed by Bright Wave Projects, 9 filed against it, 5 where it is another party. 10 cases are pending and 10 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Total cases
20
Filed by the company
6
Filed against the company
9
Pending
10
Disposed
10
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 9 | 8 |
| High courts | 3 | 0 | 2 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed against the company by Prince System Private Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Azim Premji Foundation for Development | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by Prince System Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Azim Premji Foundation for Development | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Pending |
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Full case history
All 20 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
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Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Bright Wave Projects Private Limited
Employment history and EPFO contributions of people linked to Bright Wave Projects.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Group Structure of Bright Wave Projects Private Limited
Bright Wave Projects has 2 subsidiary companies. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
2
Subsidiary companies
Key Subsidiaries
| Company Name | CIN | Shares Held |
|---|---|---|
| Brightwave Interiors Private Limited | U45400KA2018PTC115909 | Locked |
| Brightwave Pinnacle Realty Private Limited | U70100KA2016PTC085171 | Locked |
Showing major subsidiaries. Total: 2.
Recent Activity on Bright Wave Projects Private Limited
Bright Wave Projects Private Limited has 8 board changes on record since 2013: 4 appointments and 4 cessations. The latest: Churya Sri Swapna ceased to be Director on 11 Dec 2024.
Ceased
Churya Sri Swapna ceased to be Director.
Appointed
Keresuragondanahalli Shivaramaiah Prakasha was appointed as Director.
AGM
Bright Wave Projects Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Bright Wave Projects Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Hyderabad.
Ceased
Praveen Jha ceased to be Additional Director.
Ceased
Rajindra Giri ceased to be Additional Director.
Ceased
Ajay Bhagat ceased to be Director.
Appointed
Praveen Jha was appointed as Director.
Appointed
Ajay Bhagat was appointed as Managing Director.
Appointed
Churya Sri Swapna was appointed as Director.
Incorporation
04 Mar 2013
Bright Wave Projects Private Limited was registered on 04 Mar 2013 with Roc Hyderabad & aged 13 years 7 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Bright Wave Projects Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Bright Wave Projects Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Bright Wave Projects Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Bright Wave Projects Private Limited
Bright Wave Projects has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCB4800R1Z9 | Karnataka | Active | 01 Jul 2017 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Bright Wave Projects Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Bright Wave Projects Private Limited
Bright Wave Projects is an active private limited company based in Hyderabad, Telangana, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 04 March 2013 (13+ years old) and is registered under CIN U70100TG2013PTC086067.
Bright Wave Projects reported revenue of ₹3.17 Cr for FY 2021 (down 27% YoY).
Bright Wave Projects has 3 current directors:
- Ajay Bhagat - Managing Director
- Praveen Jha - Director
- Keresuragondanahalli Shivaramaiah Prakasha - Director
Bright Wave Projects reported a net loss of ₹6.81 Lakh (net margin -2.1%) and EBITDA of ₹1.79 Lakh (EBITDA margin 0.6%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bright Wave Projects is 35% over three years and 31% over five years. In the latest year (FY 2021) revenue fell 27%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Bright Wave Projects is 29AAFCB4800R1Z9, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Bright Wave Projects is U70100TG2013PTC086067. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bright Wave Projects has 20 court cases on record: 6 filed by the company and 9 filed against it. 10 are pending. Most are in the district courts.
Bright Wave Projects was incorporated on 04 March 2013, making it 13+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Bright Wave Projects by revenue are Trident Buildtech Private Limited, Exotica402 Infracon Private Limited, A.M.R.Developers Private Limited, Dhwarco Business Center Private Limited, Jyotisuper Builders Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Churya Sri Swapna ceased to be Director on 11 Dec 2024. Keresuragondanahalli Shivaramaiah Prakasha was appointed as Director on 12 Dec 2022. Praveen Jha ceased to be Additional Director on 30 Sep 2016. Bright Wave Projects has 8 board changes on record in total.