Bright Shiptrans Private Limited
About Bright Shiptrans Private Limited
Data last updated:
Bright Shiptrans Private Limited is a private limited company based in Gandhidham, Gujarat, India. It operates in the carrying and forwarding agents (cfa) segment of the transport and logistics sector. It was incorporated on 10 November 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U63090GJ2004PTC045014. Its GSTIN is 24AACCB5107E1ZB (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6 Lakh. It is led by directors Parag Ramesh Bhatia and Ketan Hiralal Shah.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Office No. S – 2 Second Floor Arjans Mall Plot No. 118 – 119 Sector No. 8, Gandhidham, Gujarat, India – 370201.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.08 Cr, a growth of 51% compared to the previous year. For the same year it recorded a net profit of ₹9.97 Lakh (net margin 0.7%) and EBITDA of ₹31.87 Lakh (EBITDA margin 2.3%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹81.6 Lakh on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressOffice No. S – 2 Second Floor Arjans Mall Plot No. 118 – 119 Sector No. 8, Gandhidham, Gujarat, India – 370201
- IndustryTransport and Logistics, Carrying & Forwarding Agents (CFA)
- 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 Shiptrans Private Limited
The main business activity of Bright Shiptrans is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation | 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 Shiptrans Private Limited FY 2024 filings available
Bright Shiptrans Private Limited reported revenue of ₹14.08 Cr (up 51% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Bright Shiptrans Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 51% growth in the latest year. EBITDA rose 13% 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 Shiptrans Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | 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 | ₹31.87 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹9.97 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 Shiptrans Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.7% | •••• | •••• | •••• | •••• |
| 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 Shiptrans are in the company report.
Financial statements from 2015
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 Shiptrans Private Limited
Bright Shiptrans has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parag Ramesh Bhatia Also directs: Brevitas Ventures LLP, Happylab Solutions Private Limited, Bright Performance Nutrition Private Limited and 1 more | Director | 10 Nov 2004 | 21 Years 11 Months | Current |
| Ketan Hiralal Shah | Director | 01 Aug 2021 | 5 Years 2 Months | Current |
Peer Comparison of Bright Shiptrans Private Limited
Bright Shiptrans Private Limited is compared with the companies closest to it by revenue in the Shipping industry (Shipping Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Navtor (India) Private Limited | ₹14.37 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Thane, Maharashtra, India |
| TKV Lines Private Limited | ₹14.28 Cr (FY 2022) | •••• | •••• | 1557.0% | •••• | Nagpur, Maharashtra, India |
| Northern Marine Management (India) Private Limited | ₹14.18 Cr (FY 2021) | •••• | •••• | 3.0% | •••• | Mumbai, Maharashtra, India |
| Ebms Solutions Private Limited | ₹14.17 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Chennai, Tamil Nadu, India |
| Sea Care Shipping Private Limited | ₹14.14 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Navi Mumbai, Maharashtra, India |
| Bright Shiptrans Private Limited this company | ₹14.08 Cr (FY 2024) | •••• | •••• | 51.0% | •••• | Gandhidham, Gujarat, India |
| Suntech Crew Management Private Limited | ₹14.08 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Andheri West Mumbai, Maharashtra, India |
| Go Gauge Logistics Private Limited | ₹14.07 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Salem, Tamil Nadu, India |
| Keshav Casting Pvt.Ltd. | ₹14.05 Cr (FY 2024) | •••• | •••• | 66.0% | •••• | Haryana, India |
| Vetrivel Shipping Private Limited | ₹14 Cr (FY 2025) | •••• | •••• | 88.0% | •••• | Mumbai, Maharashtra, India |
| JPV Ships India Private Limited | ₹13.89 Cr (FY 2025) | •••• | •••• | 52.0% | •••• | Uran, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Bright Shiptrans by revenue in the Shipping industry (Shipping Services), 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 Shiptrans Private Limited
Bright Shiptrans Private Limited is audited by AMIT DHARAMSI & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AMIT DHARAMSI & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Bright Shiptrans 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 Shiptrans Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Jun 2010 | Small Industries Development Bank of India | ₹49 Lakh | Open |
| 04 May 2007 | Ge Capital Transportation Financial Services Ltd | ₹8 Lakh | Open |
| 26 Mar 2007 | Ge Capital Transportation Financial Services Ltd | ₹24.6 Lakh | Open |
Total charge records: 3 View all charges
Legal Cases of Bright Shiptrans Private Limited
Bright Shiptrans Private Limited has 3 court cases on record: 1 filed by Bright Shiptrans, 2 filed against it. 2 cases are pending and 1 is disposed. Status as checked between 02 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 2 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Court case (TAXAP) | Filed against the company by Commissioner of Customs | Pending |
| High Court of Gujarat | Special civil application | Filed by the company against Union of India | Pending |
| High Court of Gujarat | Appeal | Filed against the company by Commissioner of Customs | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 Shiptrans Private Limited
Employment history and EPFO contributions of people linked to Bright Shiptrans.
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 Shiptrans Private Limited
Bright Shiptrans Private Limited has 6 board changes on record since 2004: 2 appointments and 4 cessations. The latest: Mitul Natwarlal Mehta ceased to be Director on 01 Sep 2021.
Credit Ratings, Litigation & Regulatory Alerts for Bright Shiptrans 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 Shiptrans 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 Shiptrans 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 Shiptrans Private Limited
Bright Shiptrans has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCB5107E1ZB | Gujarat | Active | 01 Jul 2017 |
| 27AACCB5107E1Z5 | Maharashtra | Active | 12 Oct 2021 |
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 Shiptrans 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 Shiptrans Private Limited
Bright Shiptrans is an active private limited company based in Gandhidham, Gujarat, India. The company works in carrying and forwarding agents (cfa), within the transport and logistics industry. It was incorporated on 10 November 2004 (22+ years old) and is registered under CIN U63090GJ2004PTC045014.
Bright Shiptrans reported revenue of ₹14.08 Cr for FY 2024 (up 51% YoY).
Bright Shiptrans has 2 current directors:
- Parag Ramesh Bhatia - Director
- Ketan Hiralal Shah - Director
Bright Shiptrans reported a net profit of ₹9.97 Lakh (net margin 0.7%) and EBITDA of ₹31.87 Lakh (EBITDA margin 2.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bright Shiptrans is -26% over three years and 5% over five years. In the latest year (FY 2024) revenue rose 51%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Bright Shiptrans is 24AACCB5107E1ZB, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AACCB5107E1Z5 (Maharashtra).
The CIN (Corporate Identification Number) of Bright Shiptrans is U63090GJ2004PTC045014. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bright Shiptrans has 3 court cases on record: 1 filed by the company and 2 filed against it. 2 are pending.
Bright Shiptrans was incorporated on 10 November 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Bright Shiptrans by revenue are Navtor (India) Private Limited, TKV Lines Private Limited, Northern Marine Management (India) Private Limited, Ebms Solutions Private Limited, Sea Care Shipping Private Limited and 5 more, all in the Shipping industry (Shipping Services).
Mitul Natwarlal Mehta ceased to be Director on 01 Sep 2021. Ketan Hiralal Shah was appointed as Director on 01 Aug 2021. Bajranglal Prabhudayal Sharma ceased to be Director on 16 Mar 2018. Bright Shiptrans has 6 board changes on record in total.