Bright Initiative Private Limited
About Bright Initiative Private Limited
Data last updated:
Bright Initiative Private Limited is a private limited company based in Allahabad, Uttar Pradesh, India. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 06 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U70109UP2016PTC084669. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mohammed Sharjeel and Siraj Ahmad.
Its last annual general meeting (AGM) was held on 21 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at L – 28 Sangam Palace Clive Road Civil Lines, Allahabad, Uttar Pradesh, India – 211001.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressL – 28 Sangam Palace Clive Road Civil Lines, Allahabad, Uttar Pradesh, India – 211001
- IndustryReal Estate, Real Estate Leasing
- 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 Initiative Private Limited
The main business activity of Bright Initiative is real estate. In detail, this covers real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | 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 Initiative Private Limited FY 2019 filings available
Bright Initiative Private Limited reported revenue of ₹6,500 for FY 2019.
Financial Statement Summary of Bright Initiative Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | ₹6,500 | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• |
| 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 Initiative Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• |
| 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 Initiative are in the company report.
Financial statements from FY 2017
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.
Board of Directors of Bright Initiative Private Limited
Bright Initiative has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siraj Ahmad | Additional Director | 04 Jun 2020 | 6 Years 4 Months | Current |
| Mohammed Sharjeel | Director | 01 Jun 2020 | 6 Years 4 Months | Current |
Peer Comparison of Bright Initiative Private Limited
Bright Initiative Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Real estate activities with own or leased property). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bright Initiative Private Limited this company | ₹6,500 (FY 2019) | •••• | •••• | •••• | Allahabad, Uttar Pradesh, India | |
| Fastener Realestate Private Limited | ₹6,500 (FY 2025) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Nominal Tie Up Private Limited | ₹6,500 (FY 2025) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Panchdhan Plazza Private Limited | ₹6,500 (FY 2025) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Chrome Tie Up Private Limited | ₹6,500 (FY 2025) | •••• | •••• | 475.0% | •••• | Kolkata, West Bengal, India |
| Crossway Complex Private Limited | ₹6,500 (FY 2025) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Arcilla Constructions Limited | ₹6,500 (FY 2017) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Frebruus Realtech Private Limited | ₹6,500 (FY 2016) | •••• | •••• | -27.0% | •••• | New Delhi, Delhi, India |
| Atop Infrastructure and Infotech Private Limited | ₹6,500 (FY 2016) | •••• | •••• | -16.0% | •••• | New Delhi, Delhi, India |
| Baglamukhi Vyapaar Private Limited | ₹6,500 (FY 2025) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Maxwell Residency Limited | ₹6,500 (FY 2017) | •••• | •••• | •••• | Hooghly, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Bright Initiative by revenue in the same principal business activity (Real estate activities with own or leased property), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Bright Initiative 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 Initiative Private Limited
Bright Initiative Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Bright Initiative Private Limited
Employment history and EPFO contributions of people linked to Bright Initiative.
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 Initiative Private Limited
Bright Initiative Private Limited has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Mohd Shahbaz ceased to be Director on 05 Jun 2020.
Credit Ratings, Litigation & Regulatory Alerts for Bright Initiative 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 Initiative 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 Initiative 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 Initiative Private Limited
Bright Initiative has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Initiative 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 Initiative Private Limited
Bright Initiative is an active private limited company based in Allahabad, Uttar Pradesh, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 06 July 2016 (10+ years old) and is registered under CIN U70109UP2016PTC084669.
Bright Initiative has 2 current directors:
- Siraj Ahmad - Additional Director
- Mohammed Sharjeel - Director
No. Bright Initiative has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Bright Initiative is U70109UP2016PTC084669. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bright Initiative was incorporated on 06 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
The peers of Bright Initiative by revenue are Fastener Realestate Private Limited, Nominal Tie Up Private Limited, Panchdhan Plazza Private Limited, Chrome Tie Up Private Limited, Crossway Complex Private Limited and 5 more, all in the same principal business activity (Real estate activities with own or leased property).
Mohd Shahbaz ceased to be Director on 05 Jun 2020. Siraj Ahmad was appointed as Additional Director on 04 Jun 2020. Vinod Kumar ceased to be Director on 02 Jun 2020. Bright Initiative has 4 board changes on record in total.
The registered office of Bright Initiative is at L – 28 Sangam Palace Clive Road Civil Lines, Allahabad, Uttar Pradesh, India – 211001.
Bright Initiative has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Bright Initiative operates in the real estate industry, in the real estate leasing segment.
No. Bright Initiative is not listed on any stock exchange. It is an unlisted company.