Bright Solar Limited - Company Profile

It is a environment public limited company based in Ahmadabad City, Gujarat, India, established in 2010.
2010 Ahmadabad City, Gujarat, India Active
Last Updated:
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About Bright Solar Limited

Bright Solar Limited, a active public limited company, was established on 23 April 2010 in Ahmadabad City, Gujarat, India. Engaging in solar energy solutions within the electricity, gas, steam and air condition supply sector, it holds CIN: L51109GJ2010PLC060377. Registered under ROC Roc Ahmedabad. it is listed on NSE: BRIGHT. It has an authorized capital of ₹30.00 Cr and a paid-up capital of ₹25.00 Cr.

Formerly known as Bright Solar Private Limited. It upholds a compliant status. In 2023, it reported revenue of ₹24.02 Cr and a net worth of ₹30.83 Cr. Its leadership includes Jagrutiben Rameshbhai Joshi (Director), Avani Ashwinkumar Shah (Director), Piyushkumar Thumar (Managing Director). Past directors included Hitesh Kumar Thumar Babubhai, Nayanaben Piyushkumar Thumar, Chalapathi Satya Venkata Mogalapalli. It holds no open charges and ₹7.50 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at S.F. 203, Shangrila Arcade, Opp. Shyamal 3A Row Houses,, Shyamal Cross Road, Satellite, Ahmadabad City, Gujarat, 380015.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    L51109GJ2010PLC060377

  • Registration Number

    060377

  • Incorporation Date

    23 April 2010

  • Authorized Capital

    ₹30.00 Cr

  • Paid-Up Capital

    ₹25.00 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Listed (NSE: BRIGHT)

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 25.00 Cr
  • Company Age 16 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 7.50 Cr
  • Revenue Growth **** 220.68%
  • Profit Growth **** 100.73%
  • Ebitda **** 99.77%
  • Net Worth 0.18%
  • Total Assets **** 15.79%
Company report

Bright Solar Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Bright Solar Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Bright Solar Limited?
Current Directors
Name Designation Appointment Date Status
Jagrutiben Rameshbhai Joshi Director 05 Jan 2018 Current
Avani Ashwinkumar Shah Director 12 May 2025 Current
Piyushkumar Thumar Managing Director 23 Apr 2010 Current
Ajay Raj Singh Whole-Time Director 12 Oct 2020 Current
Falgun Patel Director 10 Oct 2025 Current
Tejas Ashokkumar Shah Cfo 05 Sep 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 21 Dec 2015 Past
Pramod Abcsdd Director 29 Mar 2014 Past
Pramod Abcsdd Director 18 Mar 2021 Past
Pramod Abcsdd Cfo(Kmp) - Past
Pramod Abcsdd Director 27 Sep 2021 Past
Pramod Abcsdd Director 16 Sep 2020 Past

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Financial Performance of Bright Solar.

Bright Solar Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 220.68% increase. The company also saw a substantial improvement in profitability, with a 100.73% increase in profit. The company's net worth moved up by a moderate rise of 0.18%.

Bright Solar revenue growth over time
Bright Solar profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 220.68%
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Revenue from Operations
*******
 228.06%
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*******
*******
Total Assets
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 15.79%
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*******
*******
*******
Profit or Loss
*******
 100.73%
*******
*******
*******
*******
Net Worth
*******
 0.18%
*******
*******
*******
*******
EBITDA
*******
 99.77%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Bright Solar?

In 2021, Bright Solar had a promoter holding of 62.24% and a public holding of 37.75%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹75,000,000.00

Charges Breakdown by Lending Institutions
  • City Union Bank Limited : 7.00 Cr
  • Vijaya Bank : 0.50 Cr
Latest Charge Details
Date Lender Amount Status
22 Jul 2014 Vijaya Bank ₹5.00 M Satisfied
09 Jul 2014 City Union Bank Limited ₹7.00 Cr Satisfied

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How Many Employees Work at Bright Solar?

Unlock and access historical data on people associated with Bright Solar, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bright Solar, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Bright Solar's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Bright Solar
Recent Activity within the Organization
  • Director Appointment

    The activity Falgun Patel was appointed as a Director was appointed as a Director on 10 Oct 2025 & has been associated with this company since 7 months 21 days . was completed.

  • Director Appointment

    Progress on Tejas Ashokkumar Shah was appointed as a Cfo was appointed as a Cfo on 04 Oct 2025 & has been associated with this company since 7 months 27 days . was documented.

  • Director Appointment

    Tejas Ashokkumar Shah was appointed as a CFO was appointed as a CFO on 05 Sep 2025 & has been associated with this company since 8 months 25 days . was recorded as a recent event.

  • Director Appointment

    Progress on Avani Ashwinkumar Shah was appointed as a Director was appointed as a Director on 12 May 2025 & has been associated with this company since 1 year 19 days . was documented.

  • Annual General Meeting

    Progress on Bright Solar Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Bright Solar Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was documented.

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Frequently Asked Questions
What is the CIN of Bright Solar Limited?

The CIN of Bright Solar Limited is L51109GJ2010PLC060377.

Where is Bright Solar Limited headquartered?

Bright Solar Limited is headquartered at S.F. 203, Shangrila Arcade, Opp. Shyamal 3A Row Houses,, Shyamal Cross Road, Satellite, Ahmadabad City, Gujarat, 380015.

When was Bright Solar Limited incorporated?

Bright Solar Limited was incorporated on 23 April 2010.

Who are the current directors of Bright Solar Limited?

The current directors of Bright Solar Limited are

What is the primary industry of Bright Solar Limited?

The primary industry of Bright Solar Limited is Electricity, Gas, Steam And Air Condition Supply.

Is Bright Solar Limited a listed company?

Bright Solar Limited is listed. It is listed on NSE: BRIGHT.

What is the capital structure of Bright Solar Limited?

The authorized capital of Bright Solar Limited is ₹30.00 Cr, and the paid-up capital is ₹25.00 Cr.

What is the compliance status of Bright Solar Limited?

The compliance status of Bright Solar Limited is Compliant.

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