
Brightsun Merchants Pvt Ltd
About Brightsun Merchants Pvt Ltd
Data last updated:
Brightsun Merchants Pvt Ltd is a private limited company based in New Delhi, Delhi, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 07 February 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51909DL1996PTC204913.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.63 Cr. It is led by directors including Sunil Saxena and Ruchin Maheshwari.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Flat No. 305 3rd Floor 40 – 41 Bakshi House Nehru Place, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.12 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹3.85 Cr (net margin 34.6%) and EBITDA of ₹10.79 Cr (EBITDA margin 97%). Revenue has grown at a compounded annual rate (CAGR) of 244% over three years and 282% over five years.
As per MCA filings, the company has open charges of ₹3.39 Cr 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.
Company details
CIN history
Brightsun Merchants has one previous CIN (Corporate Identification Number): U51909WB1996PTC077119. The current CIN is U51909DL1996PTC204913, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909DL1996PTC204913 | Current |
| U51909WB1996PTC077119 | Previous |
Contact details
Brightsun Merchants Pvt Ltd's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No. 305 3rd Floor 40 – 41 Bakshi House Nehru Place, New Delhi, Delhi, India – 110019
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Brightsun Merchants Pvt Ltd, 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 Brightsun Merchants is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Brightsun Merchants Pvt Ltd, buy the company report.
Financials of Brightsun Merchants Pvt Ltd
FY 2025 filings availableBrightsun Merchants Pvt Ltd reported revenue of ₹11.12 Cr (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 282% over five years, including 3% growth in the latest year. EBITDA rose 2% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹10.79 Cr | ||||
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| Net Profit (PAT) | ₹3.85 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 97% | ||||
| Net Profit Margin | 34.6% | ||||
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To see the full financial statements and ratios of Brightsun Merchants Pvt Ltd, buy the company report.
Board of directors of Brightsun Merchants Pvt Ltd
Brightsun Merchants has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Saxena Also directs: Nra Iron & Steel Private Limited, Bhushan Steel Bengal Limited, Highclass Iron & Steel Private Limited and 5 more | Director | 30 Jun 2017 | 9 Years 4 Months | Current |
| Ruchin Maheshwari Also directs: Peak Minerals & Mining Private Limited, Una Power Private Limited, Terrific Steel Private Limited and 5 more | Director | 27 Jul 2019 | 7 Years 3 Months | Current |
| Ritu Singal Also directs: Badree Kedaar Industries LLP, Visva Consulting LLP, Demotics Digital Private Limited and 2 more | Director | 28 Dec 2021 | 4 Years 10 Months | Current |
| Sanjiv Kumar Jain | Director | 07 Dec 2024 | 1 Years 10 Months | Current |
Auditor
Brightsun Merchants Pvt Ltd is audited by ATUL K GARG & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ATUL K GARG & CO | FY 2018 | 015668N |
Shareholding
The shareholding of Brightsun Merchants Pvt Ltd is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Brightsun Merchants Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Dec 2025 | 101245249 | Others | ₹1.78 Cr | Open | |
| 19 Mar 2025 | 101100488 | Others | ₹1.61 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Brightsun Merchants Pvt Ltd has 3 court cases on record: 1 filed by Brightsun Merchants, 2 filed against it. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 2 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Criminal case | Filed against the company by an individual | Pending |
| District court, South West, Delhi | Criminal case | Filed against the company by an individual | Pending |
| High Court, West Bengal | Writ petition | Filed by the company against Principal Commissioner of Income Tax and Anr | Disposed |
To see the full case history of Brightsun Merchants Pvt Ltd, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Brightsun Merchants Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Brightsun Merchants Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Brightsun Merchants Pvt Ltd has 18 board changes on record since 1996: 11 appointments and 7 cessations. The latest: Sanjiv Kumar Jain was appointed as Director on 07 Dec 2024.
11 earlier events are in the company report.
Frequently asked questions
Brightsun Merchants is an active private limited company based in New Delhi, Delhi, India. The company works in nbfc, within the financial services industry. It was incorporated on 07 February 1996 (30+ years old) and is registered under CIN U51909DL1996PTC204913.
Brightsun Merchants has 4 current directors:
- Sunil Saxena - Director
- Ruchin Maheshwari - Director
- Ritu Singal - Director
- Sanjiv Kumar Jain - Director
The latest financial statements of Brightsun Merchants on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Brightsun Merchants is U51909DL1996PTC204913. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Brightsun Merchants has 3 court cases on record: 1 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
Brightsun Merchants was incorporated on 07 February 1996, making it 30+ years old. It is registered with the Registrar of Companies, Delhi.
Sanjiv Kumar Jain was appointed as Director on 07 Dec 2024. Ritu Singal was appointed as Director on 28 Dec 2021. Ruchin Maheshwari was appointed as Director on 27 Jul 2019. Brightsun Merchants has 18 board changes on record in total.
The registered office of Brightsun Merchants is at Flat No. 305 3rd Floor 40 – 41 Bakshi House Nehru Place, New Delhi, Delhi, India – 110019.
Brightsun Merchants operates in the financial services industry, in the nbfc segment.
Brightsun Merchants has open charges of ₹3.39 Cr and no satisfied charges on record as per latest MCA filings.

