Bright Electric Vehicles Private Limited
About Bright Electric Vehicles Private Limited
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Bright Electric Vehicles Private Limited is a private limited company based in Lucknow, Uttar Pradesh, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 19 September 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U35999UP2016PTC086463. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Amarpreet Kaur Sethi and Arvind Kaur Sethi.
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 Shop N.O. – 3 K.M.S. Tower Ground Floor Sardari Khera Alambagh, Lucknow, Uttar Pradesh, India – 226005.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.58 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹5.35 Lakh (net margin 3.4%) and EBITDA of ₹7.22 Lakh (EBITDA margin 4.6%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years.
As per MCA filings, the company has satisfied charges of ₹47 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Bright Electric Vehicles Private Limited's registered office is in Lucknow, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop N.O. – 3 K.M.S. Tower Ground Floor Sardari Khera Alambagh, Lucknow, Uttar Pradesh, India – 226005
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Bright Electric Vehicles 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
Business activity
The main business activity of Bright Electric Vehicles is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
To see the full business activity and turnover split of Bright Electric Vehicles Private Limited, buy the company report.
Financials of Bright Electric Vehicles Private Limited
FY 2021 filings availableBright Electric Vehicles Private Limited reported revenue of ₹1.58 Cr (up 687% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 687% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 43%. EBITDA rose 410% 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.58 Cr | ||||
| Other Income | |||||
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| EBITDA | ₹7.22 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.35 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.6% | ||||
| Net Profit Margin | 3.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Bright Electric Vehicles Private Limited, buy the company report.
Board of directors of Bright Electric Vehicles Private Limited
Bright Electric Vehicles has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amarpreet Kaur Sethi | Director | 16 Dec 2019 | 6 Years 10 Months | Current |
| Arvind Kaur Sethi Also directs: Bright Autozone Private Limited | Director | 19 Sep 2016 | 10 Years 1 Months | Current |
Auditor
Bright Electric Vehicles Private Limited is audited by R CHAUDHARY & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R CHAUDHARY & CO | FY 2021 | 020138C |
Shareholding
The shareholding of Bright Electric Vehicles Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Bright Electric Vehicles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jun 2018 | 100191182 | Others | ₹7 Lakh | Satisfied | |
| 30 Nov 2017 | 100167734 | Others | ₹40 Lakh | Satisfied |
To see the full charge records of Bright Electric Vehicles Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Bright Electric Vehicles 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 Electric Vehicles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bright Electric Vehicles has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Bright Electric Vehicles Private Limited, buy the company report.
Recent activity
Bright Electric Vehicles Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Amarpreet Kaur Sethi was appointed as Director on 16 Dec 2019.
Frequently asked questions
Bright Electric Vehicles is an active private limited company based in Lucknow, Uttar Pradesh, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 19 September 2016 (10+ years old) and is registered under CIN U35999UP2016PTC086463.
Bright Electric Vehicles has 2 current directors:
- Amarpreet Kaur Sethi - Director
- Arvind Kaur Sethi - Director
The latest financial statements of Bright Electric Vehicles on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2017 are in the company report.
No. Bright Electric Vehicles has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Bright Electric Vehicles is U35999UP2016PTC086463. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bright Electric Vehicles was incorporated on 19 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Kanpur.
Amarpreet Kaur Sethi was appointed as Director on 16 Dec 2019. Gagandeep Singh ceased to be Director on 16 Dec 2019. Arvind Kaur Sethi was appointed as Director on 19 Sep 2016.
The registered office of Bright Electric Vehicles is at Shop N.O. – 3 K.M.S. Tower Ground Floor Sardari Khera Alambagh, Lucknow, Uttar Pradesh, India – 226005.
Bright Electric Vehicles operates in the automotive industry, in the auto dealership and trading segment.
Bright Electric Vehicles has no open charges and satisfied charges of ₹47 Lakh as per latest MCA filings.
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