Brite Merchants Limited Company Logo

Brite Merchants Limited - Company Profile

It is a real estate and construction public limited company based in Mumbai, Maharashtra, India, established in 1985.

1985 | Mumbai, Maharashtra, India | Active
Last Updated:

About Brite Merchants Limited

Brite Merchants Limited, a active public limited company, was established on 12 December 1985 in Mumbai, Maharashtra, India. Engaging in real estate marketing & sales within the real estate and construction sector, it holds CIN: U85100MH1985PLC343442. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹2.50 M and a paid-up capital of ₹2.48 M.

It upholds a compliant status. Its leadership includes Chandrakant Atmaram Ghanekar (Director), Rashmi Poddar (Director), Lakhi Prasad Radheshyam Kheradi (Director). Past directors included Dipak Kumar Poddar, Rohitashwa Poddar, Jinendra Kanhaiyalal Nahar. It holds ₹164.00 Cr open charges and ₹14.00 Cr settled loans. Its latest AGM occurred on 30 November 2021, with the balance sheet filed on 31 March 2021. It is based at Unit 6, Plot-126,Neeru Silk Mills, Mathuradas Mill Comp Lower Parel, Delisl, E Road, Mumbai, Maharashtra, 400013.

Company Details

  • CIN/LLPIN

    U85100MH1985PLC343442

  • Registration Number

    343442

  • Incorporation Date

    12 December 1985

  • Authorized Capital

    ₹2.50 M

  • Paid-Up Capital

    ₹2.48 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.48 M
  • Company Age 39 Year, 11 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 164.00 Cr
  • Satisfied Charges ₹ 14.00 Cr
  • Revenue Growth 12.64%
  • Profit Growth 31.11%
  • Ebitda 5.76%
  • Net Worth 9.44%
  • Total Assets 8.70%
Company report

Brite Merchants Limited

Company Report FY 2025-2026

Explore comprehensive insights into Brite Merchants 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 Brite Merchants Limited?

Current Directors

NameDesignationAppointment DateStatus
Chandrakant Atmaram GhanekarDirector15 Jul 1997Current
Rashmi PoddarDirector20 Jul 1998Current
Lakhi Prasad Radheshyam KheradiDirector10 Oct 2016Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector01 Jan 2020Past
Pramod AbcsddDirector28 Dec 2009Past
Pramod AbcsddDirector09 Sep 2008Past
Pramod AbcsddAdditional Director01 Oct 2016Past

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Financial Performance of Brite Merchants.

Brite Merchants Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 12.64% increase. The company also saw a substantial improvement in profitability, with a 31.11% increase in profit. The company's net worth moved up by a moderate rise of 9.44%.

Brite Merchants revenue growth over time
Brite Merchants profit and loss trends over time
  • 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
12.64%
Revenue from Operations
-9.92%
Total Assets
8.70%
Profit or Loss
31.11%
Net Worth
9.44%
EBITDA
5.76%

What is the Ownership and Shareholding Structure of Brite Merchants?

In 2020, Brite Merchants had a promoter holding of 85.73% and a public holding of 14.27%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹1,640,000,000.00

Satisfied Charges

₹140,000,000.00

Charges Breakdown by Lending Institutions

  • Others : 164.00 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jan 2025Others₹50.00 CrOpen
30 Jan 2025Others₹100.00 CrOpen
09 Dec 2021Others₹14.00 CrOpen
20 Feb 2020Others₹13.00 CrSatisfied
15 Mar 2002Housing Development Corporation Ltd₹1.00 CrSatisfied

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How Many Employees Work at Brite Merchants?

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

Employee growth trends for Brite Merchants Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Brite Merchants, 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 Brite Merchants'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.

Latest Updates, News, and FAQs on Brite Merchants

Recent Activity within the Organization

  • Charges

    The activity A charge with Others amounted to Rs. 500.00 M with Charge ID 101046996 was registered on 30 Jan 2025. was completed.

  • Charges

    A charge with Others amounted to Rs. 1,000.00 M with Charge ID 101046995 was registered on 30 Jan 2025. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 20 Feb 2020 via Charge ID 100328806 with Others was fully satisfied on 16 Dec 2021. was documented.

  • Charges

    A charge with Others amounted to Rs. 140.00 M with Charge ID 100513064 was registered on 09 Dec 2021. was recorded as a recent event.

  • Annual General Meeting

    Brite Merchants Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Brite Merchants Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Brite Merchants Limited?

    The CIN of Brite Merchants Limited is U85100MH1985PLC343442.

  • Where is Brite Merchants Limited headquartered?

    Brite Merchants Limited is headquartered at Unit 6, Plot-126,Neeru Silk Mills, Mathuradas Mill Comp Lower Parel, Delisl, E Road, Mumbai, Maharashtra, 400013.

  • When was Brite Merchants Limited incorporated?

    Brite Merchants Limited was incorporated on 12 December 1985.

  • Who are the current directors of Brite Merchants Limited?

    The current directors of Brite Merchants Limited are

  • What is the primary industry of Brite Merchants Limited?

    The primary industry of Brite Merchants Limited is Real Estate And Construction.

  • Is Brite Merchants Limited a listed company?

    Brite Merchants Limited is unlisted.

  • What is the capital structure of Brite Merchants Limited?

    The authorized capital of Brite Merchants Limited is ₹2.50 M, and the paid-up capital is ₹2.48 M.

  • What is the compliance status of Brite Merchants Limited?

    The compliance status of Brite Merchants Limited is Compliant.

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