Ace Insurance Brokers Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 6.76 Cr
- Company Age 23 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 1.40 Cr
- Revenue Growth 40.60%
- Profit Growth 43.82%
- Ebitda 51.25%
- Net Worth 35.48%
- Total Assets 35.81%
About Ace Insurance Brokers
Ace Insurance Brokers Pvt. Ltd. (AIBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 May 2001 and has a history of 23 years and ten months. Its registered office is in New Delhi, India.
The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 6.76 Cr.
The company has closed loans amounting to ₹1.40 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Anil Arora and Raj Ajmera serve as directors at the Company.
Company Details
- Location
New Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74999DL2001PTC110729
- Company No.
110729
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 May 2001
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Financial Services
What products or services does Ace Insurance Brokers Pvt. Ltd. offer?
Ace Insurance Brokers Pvt. Ltd. offers a wide range of products and services, including Insurance Service, Transit Insurance Services, Cargo Insurance Service, Insurance Agents and Services, Industrial Insurance Services, Financial Service, Civil Engineering Service, Infrastructure Engineering, Group Insurance Services, Property Insurance.
Who are the key members and board of directors at Ace Insurance Brokers?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anil Arora  | Director | 08-May-2001 | Current |
| Raj Ajmera | Director | 08-May-2001 | Current |
Financial Performance of Ace Insurance Brokers.
Ace Insurance Brokers Pvt. Ltd., for the financial year ended 2023, experienced significant growth in revenue, with a 40.6% increase. The company also saw a substantial improvement in profitability, with a 43.82% increase in profit. The company's net worth Soared by an impressive increase of 35.48%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Ace Insurance Brokers?
In 2023, Ace Insurance Brokers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Anob Properties LlpAnil Arora is a mutual person
- Dawn Resources Llp
Anil Arora is a mutual person
- Concorde Wears Private Limited
Anil Arora is a mutual person
- Ace Fin Solutions Private Limited
Anil Arora and Raj Ajmera are mutual person
- Yamuna Exports Private Limited
Anil Arora is a mutual person
- Current Commercial Llp
Raj Ajmera is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹1.40 Cr
Charges Breakdown by Lending Institutions
- Others : 0.80 Cr
- Hdfc Bank Limited : 0.60 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Dec 2017 | Others | ₹4.00 M | Satisfied |
| 30 Dec 2017 | Others | ₹4.00 M | Satisfied |
| 03 Jun 2014 | Hdfc Bank Limited | ₹3.00 M | Satisfied |
| 03 Jun 2014 | Hdfc Bank Limited | ₹3.00 M | Satisfied |
How Many Employees Work at Ace Insurance Brokers?
Ace Insurance Brokers has a workforce of 184 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Ace Insurance Brokers, 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 Ace Insurance Brokers's trajectory.
Rating
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
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 Ace Insurance Brokers
Recent activity within the organization
- Annual General Meeting
Ace Insurance Brokers Pvt. Ltd. last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Ace Insurance Brokers Pvt. Ltd. has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.
- Charges
A charge registered on 30 Dec 2017 via Charge ID 100148705 with Others was fully satisfied on 29 Dec 2020.
- Charges
A charge registered on 30 Dec 2017 via Charge ID 100148707 with Others was fully satisfied on 29 Dec 2020.
- Charges
A charge with Others amounted to Rs. 0.40 Cr with Charge ID 100148705 was registered on 30 Dec 2017.
- Charges
A charge with Others amounted to Rs. 0.40 Cr with Charge ID 100148707 was registered on 30 Dec 2017.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Ace Insurance Brokers Pvt. Ltd.?
Ace Insurance Brokers Pvt. Ltd. was incorporated on 08 May 2001.
What is authorized share capital and paid-up capital of Ace Insurance Brokers Pvt. Ltd.?
The authorized share capital of Ace Insurance Brokers Pvt. Ltd. is ₹ 10.00 Cr and paid-up capital is ₹ 6.76 Cr.
Who are the current board members & directors of Ace Insurance Brokers Pvt. Ltd.?
Currently 2 directors are associated with Ace Insurance Brokers Pvt. Ltd..
- Anil Arora
- Raj Vinay Ajmera
What is the registered address of Ace Insurance Brokers Pvt. Ltd.?
As per Ministry of Corporate Affairs (Mca), the registered address of Ace Insurance Brokers Pvt. Ltd. is B-17 Ashadeep Building 9, Hailey Road India, New Delhi, 110001.
What is the corporate identification number (CIN) and company number of Ace Insurance Brokers Pvt. Ltd.?
The corporate identification number (CIN) of Ace Insurance Brokers Pvt. Ltd. is U74999DL2001PTC110729 and the company number is 110729 as per Ministry of Corporate Affairs (MCA).
What is the official website of Ace Insurance Brokers Pvt. Ltd.?
The Official website of Ace Insurance Brokers Pvt. Ltd. is https://www.aceinsuranceindia.com
What has been the recent revenue trend for Ace Insurance Brokers Pvt. Ltd.?
According to the financial reports for the fiscal year 2023, the revenue trend for Ace Insurance Brokers Pvt. Ltd. has risen by 40.60%.
How many employees does Ace Insurance Brokers Pvt. Ltd. currently have?
As Per 2023 financial reports, 184 employees are currently employed by Ace Insurance Brokers Pvt. Ltd..
What change has been observed in the net worth of Ace Insurance Brokers Pvt. Ltd., and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Ace Insurance Brokers Pvt. Ltd. has experienced an upsurge of 35.48%.
When was the last Balance Sheet of Ace Insurance Brokers Pvt. Ltd. filed with the ROC?
The most recent Balance Sheet for Ace Insurance Brokers Pvt. Ltd. was filed with the ROC on 31 Mar 2023.