Bright Wave Projects Private Limited

Bright Wave Projects Private Limited - real estate and construction in Hyderabad, Telangana, India. FY 2026 financials & compliance.
CIN U70100TG2013PTC086067 Incorporated 04 March 2013 ROC Hyderabad HQ Hyderabad, Telangana, India
Active Private Limited Company real estate and construction MSME · Micro
Data last updated
Revenue · FY 2021
₹3.17 Cr
▼ 27% YoY
Net loss · FY 2021
₹6.81 Lakh
Net margin -2.1%
EBITDA · FY 2021
₹1.79 Lakh
EBITDA margin 0.6%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
13 yrs
Est. 2013
Directors on board
3
As per MCA filings
Active GSTINs
1
of 3 registered

About Bright Wave Projects Private Limited

Data last updated:

Bright Wave Projects Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 04 March 2013 and has been in existence for over 13 years.

The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U70100TG2013PTC086067. Its GSTIN is 29AAFCB4800R1Z9 (Karnataka). The company holds 3 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Bright Wave Reality Projects Private Limited. It is led by directors including Ajay Bhagat (Managing Director) and Praveen Jha.

Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at No.3 – 94 Plot No.37 1st Floor Road No.12 Snehapuri Colony Nagole, Hyderabad, Telangana, India – 500035.

As per the financials filed for FY 2021, the company reported a revenue of ₹3.17 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹6.81 Lakh (net margin -2.1%) and EBITDA of ₹1.79 Lakh (EBITDA margin 0.6%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 31% over five years.

Its group structure includes 2 subsidiaries.

The company is associated with 1 brand: Brightwave Projects. Court records list 20 cases involving the company, including 6 filed by the company and 14 filed against it; 10 cases are pending.

Bright Wave Projects Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0151156). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website brightwaveprojects.com.

Company details

CIN U70100TG2013PTC086067
Registration Number 086067
Incorporation Date 04 March 2013
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0151156

CIN history

Bright Wave Projects has one previous CIN (Corporate Identification Number): U70100AP2013PTC086067. The current CIN is U70100TG2013PTC086067, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U70100TG2013PTC086067Current
U70100AP2013PTC086067Previous
Key People
Ajay Bhagat Managing Director Praveen Jha Director Keresuragondanahalli Shivaramaiah Prakasha Director

Recognitions & Rankings of Bright Wave Projects

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-03-0151156

Contact details

Bright Wave Projects Private Limited's registered office is in Hyderabad, Telangana. Its website is brightwaveprojects.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    brightwaveprojects.com
  • Social Media
  • Registered Address
    No.3 – 94 Plot No.37 1st Floor Road No.12 Snehapuri Colony Nagole, Hyderabad, Telangana, India – 500035
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers

To see the full contact details of Bright Wave Projects Private Limited, buy the company report.

Comprehensive company report
Bright Wave Projects Private Limited - one report that includes everything
  • 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
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Brands

Bright Wave Projects operates one associated brand: Brightwave Projects. Each brand links to its own profile.

BrandDescriptionWebsite
Brightwave Projects
Real estate construction, advisory, and project development services in Bangalore.brightwaveprojects.com

Business activity

The main business activity of Bright Wave Projects is real estate. In detail, this covers real estate activities on fee or contract basis.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
LReal EstateL2Real estate activities on fee or contract basis

To see the full business activity and turnover split of Bright Wave Projects Private Limited, buy the company report.

Financials of Bright Wave Projects Private Limited

FY 2021 filings available

Bright Wave Projects Private Limited reported revenue of ₹3.17 Cr (down 27% YoY) for FY 2021.

Revenue · FY 2021
₹3.17 Cr ▼ 27%
Net loss · FY 2021
₹6.81 Lakh margin -2.1%
EBITDA · FY 2021
₹1.79 Lakh margin 0.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 27%
3 years · compounded
▲ 35%
5 years · compounded
▲ 31%
EBITDA CAGR growth
1 year
▼ 94%
3 years · compounded
▼ 57%
5 years · compounded
▼ 22%

Revenue fell 27% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 31%. EBITDA fell 94% 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

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹3.17 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.79 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹6.81 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

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin0.6%
Net Profit Margin-2.1%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
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 Bright Wave Projects Private Limited, buy the company report.

Board of directors of Bright Wave Projects Private Limited

Bright Wave Projects has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ajay Bhagat
Also directs: Brightwave Interiors Private Limited, Brightwave Pinnacle Realty Private Limited, Bright Wave Waste Management Private Limited and 1 more
Managing Director04 Mar 201313 Years 7 MonthsCurrent
Praveen Jha
Also directs: Bright Wave Waste Management Private Limited, Castle Crest Realties LLP
Director31 Jan 201412 Years 9 MonthsCurrent
Keresuragondanahalli Shivaramaiah Prakasha
Also directs: TDS Security Solutions Private Limited, CMS Facility Management Private Limited
Director12 Dec 20223 Years 10 MonthsCurrent
View all directors

Auditor

Bright Wave Projects Private Limited is audited by SAMPATH & RAMESH for the financial year 2021.

Auditor firmFinancial yearFirm registration number
SAMPATH & RAMESHFY 2021005947S

Shareholding

The shareholding of Bright Wave Projects Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2019FY 2018FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Bright Wave Projects Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Bright Wave Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Bright Wave Projects has 2 subsidiary companies. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.

2
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Brightwave Interiors Private LimitedU45400KA2018PTC115909
Brightwave Pinnacle Realty Private LimitedU70100KA2016PTC085171

To see the full group structure of Bright Wave Projects Private Limited, buy the company report.

GST

Bright Wave Projects has 3 GST registrations: 1 active and 2 cancelled or inactive.

Total GSTINs
3
Active
1
Cancelled / inactive
2
GSTINStateStatusRegistered on
29AAFCB4800R1Z9KarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Bright Wave Projects Private Limited, buy the company report.

Recent activity

Bright Wave Projects Private Limited has 8 board changes on record since 2013: 4 appointments and 4 cessations. The latest: Churya Sri Swapna ceased to be Director on 11 Dec 2024.

Ceased
Churya Sri Swapna ceased to be Director.
Appointed
Keresuragondanahalli Shivaramaiah Prakasha was appointed as Director.
AGM
Bright Wave Projects Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Bright Wave Projects Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Hyderabad.
Ceased
Praveen Jha ceased to be Additional Director.
Ceased
Rajindra Giri ceased to be Additional Director.
Ceased
Ajay Bhagat ceased to be Director.
Appointed
Praveen Jha was appointed as Director.
Appointed
Ajay Bhagat was appointed as Managing Director.
Appointed
Churya Sri Swapna was appointed as Director.
Incorporation
04 Mar 2013
Bright Wave Projects Private Limited was registered on 04 Mar 2013 with Roc Hyderabad & aged 13 years 7 months as per MCA records.

Frequently asked questions

Bright Wave Projects is an active private limited company based in Hyderabad, Telangana, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 04 March 2013 (13+ years old) and is registered under CIN U70100TG2013PTC086067.

Bright Wave Projects has 3 current directors:

The latest financial statements of Bright Wave Projects on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.

The GSTIN of Bright Wave Projects is 29AAFCB4800R1Z9, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.

The CIN (Corporate Identification Number) of Bright Wave Projects is U70100TG2013PTC086067. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Bright Wave Projects has 20 court cases on record: 6 filed by the company and 14 filed against it. 10 are pending. Most are in the district courts.

Bright Wave Projects was incorporated on 04 March 2013, making it 13+ years old. It is registered with the Registrar of Companies, Hyderabad.

Churya Sri Swapna ceased to be Director on 11 Dec 2024. Keresuragondanahalli Shivaramaiah Prakasha was appointed as Director on 12 Dec 2022. Praveen Jha ceased to be Additional Director on 30 Sep 2016. Bright Wave Projects has 8 board changes on record in total.

Yes, Bright Wave Projects is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0151156).

Bright Wave Projects can be reached through the website brightwaveprojects.com. Its registered office is in Hyderabad, Telangana, India.