Brightsun Technocraft Private Limited
About Brightsun Technocraft Private Limited
Data last updated:
Brightsun Technocraft Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been dissolved under section 54 as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the wood products and mdf segment of the manufacturing sector. It was incorporated on 22 November 2007.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U80904DL2007PTC170656. The company has 4 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹40 Lakh and a paid-up capital of ₹21.72 Lakh. It was formerly known as Brightsun Education Private Limited. It was led by directors Mahavir Prasad Sharma and Kushal Pal Singh.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at B – 134 Ist Floor Joshi Colony Mandawli Fazalpur Delhi – 110092, New Delhi, Delhi, India – 110092.
As per the financials filed for FY 2019, the company reported a revenue of ₹17.81 Lakh, a decline of 90% compared to the previous year. For the same year it recorded a net loss of ₹4.96 Lakh (net margin -27.8%) and EBITDA of -₹5.29 Lakh (EBITDA margin -29.7%). Revenue has declined at a compounded annual rate (CAGR) of 63% over three years.
As per MCA filings, the company had open charges of ₹80 Lakh and satisfied charges of ₹50 Lakh on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending.
Company details
Contact details
Brightsun Technocraft Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – 134 Ist Floor Joshi Colony Mandawli Fazalpur Delhi – 110092, New Delhi, Delhi, India – 110092
- IndustryManufacturing, Wood Products & MDF, Paper & Packaging Products
To see the full contact details of Brightsun Technocraft 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 Brightsun Technocraft is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Brightsun Technocraft Private Limited, buy the company report.
Financials of Brightsun Technocraft Private Limited
FY 2019 filings availableBrightsun Technocraft Private Limited reported revenue of ₹17.81 Lakh (down 90% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 63% over three years, including a 90% fall in the latest year. EBITDA rose 70% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹17.81 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹5.29 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.96 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -29.7% | ||||
| Net Profit Margin | -27.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Brightsun Technocraft Private Limited, buy the company report.
Board of directors of Brightsun Technocraft Private Limited
Brightsun Technocraft has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahavir Prasad Sharma | Director | 04 Oct 2018 | 8 Years 0 Months | As last reported |
| Kushal Pal Singh Also directs: Apollo Communication Private Limited | Director | 06 Apr 2018 | 8 Years 6 Months | As last reported |
Auditor
Brightsun Technocraft Private Limited is audited by ABHISHEK R JAIN & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ABHISHEK R JAIN & ASSOCIATES | FY 2019 | 032616N |
Shareholding
The shareholding of Brightsun Technocraft Private Limited 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 Technocraft Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2016 | 100053069 | Others | ₹80 Lakh | Open | |
| 22 Jun 2015 | 10580665 | Oriental Bank of Commerce | ₹50 Lakh | Satisfied |
To see the full charge records of Brightsun Technocraft Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Brightsun Technocraft Private Limited has 3 court cases on record: 2 filed by Brightsun Technocraft, 1 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
| NCLAT | 1 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Chairperson Court | Tribunal matter | Filed by the company against individuals | Pending |
| NCLT, New Delhi Bench Court-III | Insolvency matter | Filed against the company by individuals | Disposed |
| District court, East, Delhi | Criminal case | Filed by the company against an individual | Disposed |
To see the full case history of Brightsun Technocraft Private Limited, 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 Technocraft Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Brightsun Technocraft has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Brightsun Technocraft Private Limited, buy the company report.
Recent activity
Brightsun Technocraft Private Limited has 8 board changes on record since 2008: 2 appointments and 6 cessations. The latest: Mahavir Prasad Sharma ceased to be Additional Director on 30 Sep 2019.
2 earlier events are in the company report.
Frequently asked questions
Brightsun Technocraft has been "Dissolved Under Section 54" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Brightsun Technocraft was a private limited company based in New Delhi, Delhi, India. The company worked in wood products and mdf, within the manufacturing industry. It was incorporated on 22 November 2007 and is registered under CIN U80904DL2007PTC170656. The company is recorded as dissolved under section 54 in MCA records and no longer exists as a legal entity.
Brightsun Technocraft was incorporated on 22 November 2007. It is registered with the Registrar of Companies, Delhi.
Brightsun Technocraft had 2 directors:
- Mahavir Prasad Sharma - Director
- Kushal Pal Singh - Director
The CIN (Corporate Identification Number) of Brightsun Technocraft is U80904DL2007PTC170656. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Brightsun Technocraft is at B – 134 Ist Floor Joshi Colony Mandawli Fazalpur Delhi – 110092, New Delhi, Delhi, India – 110092.
The latest financial statements of Brightsun Technocraft on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Brightsun Technocraft has 4 GST registrations on record and all of them are cancelled or inactive.
Brightsun Technocraft operated in the manufacturing industry, in the wood products and mdf segment.
Brightsun Technocraft has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.