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:
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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
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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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 Metrics
  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.48 M
  • Company Age 40 Year, 2 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

Comprehensive Company Insights

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
Name Designation Appointment Date Status
Chandrakant Atmaram Ghanekar Director 15 Jul 1997 Current
Rashmi Poddar Director 20 Jul 1998 Current
Lakhi Prasad Radheshyam Kheradi Director 10 Oct 2016 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 01 Jan 2020 Past
Pramod Abcsdd Director 28 Dec 2009 Past
Pramod Abcsdd Director 09 Sep 2008 Past
Pramod Abcsdd Additional Director 01 Oct 2016 Past

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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
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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 12.64%
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Revenue from Operations
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 -9.92%
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*******
Total Assets
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 8.70%
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*******
*******
*******
Profit or Loss
*******
 31.11%
*******
*******
*******
*******
Net Worth
*******
 9.44%
*******
*******
*******
*******
EBITDA
*******
 5.76%
*******
*******
*******
*******

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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 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

₹1,640,000,000.00

Satisfied Charges

₹140,000,000.00

Charges Breakdown by Lending Institutions
  • Others : 164.00 Cr
Latest Charge Details
Date Lender Amount Status
30 Jan 2025 Others ₹50.00 Cr Open
30 Jan 2025 Others ₹100.00 Cr Open
09 Dec 2021 Others ₹14.00 Cr Open
20 Feb 2020 Others ₹13.00 Cr Satisfied
15 Mar 2002 Housing Development Corporation Ltd ₹1.00 Cr Satisfied

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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 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 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

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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 Brite Merchants
Recent Activity within the Organization
  • Charges

    Progress on A charge with Others amounted to Rs. 500.00 M with Charge ID 101046996 was registered on 30 Jan 2025. was documented.

  • 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

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

  • Charges

    The activity A charge with Others amounted to Rs. 140.00 M with Charge ID 100513064 was registered on 09 Dec 2021. was completed.

  • Annual General Meeting

    The activity Brite Merchants Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Brite Merchants Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai. was completed.

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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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