Acko General Insurance Profile
Key Indicators
- Authorised Capital ₹ 3,500.00 Cr
- Paid Up Capital ₹ 2,796.00 Cr
- Company Age 8 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 6.00 Cr
- Revenue Growth 128.78%
- Profit Growth -188.48%
- Ebitda -162.79%
- Net Worth 136.71%
- Total Assets 95.09%
About Acko General Insurance
Acko General Insurance Limited (AGIL) is a registered startup operating as a Public Limited Indian Non-Government Company incorporated in India on 03 November 2016 (Eight years and two months 29 days old ). Its registered office is in Bangaluru, Karnataka, 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 2024. It's a company limited by shares with an authorized capital of Rs 3,500.00 Cr and a paid-up capital of Rs 2,796.00 Cr.
The company currently has active open charges totaling ₹6.00 Cr.
The Key Managerial Personnel (KMP) at Acko General Insurance Limited India are Rohin Vig as Cfo, Animesh Das as Ceo, and Karishma Desai as Company Secretary. Varun Dua, Srinivasan Vaidyanathaswamy, Kavassery Gopalakrishnan, and Three other members serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U66000KA2016PLC138288
- Company No.
287385
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
03 Nov 2016
- Date of AGM
12 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Acko General Insurance?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Animesh Das  | Managing Director | 01-Apr-2024 | Current |
| Rohin Vig | CFO | 23-Nov-2021 | Current |
| Karishma Desai | Company Secretary | 01-Oct-2017 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Varun Dua | Director | 03-Nov-2016 | Current |
| Srinivasan Vaidyanathaswamy | Director | 22-Jan-2019 | Current |
| Sharayu Jadhav | Director | 16-Feb-2024 | Current |
| Kavassery Gopalakrishnan | Director | 27-May-2022 | Current |
| Kalpana Sampat | Additional Director | 17-Oct-2024 | Current |
Financial Performance of Acko General Insurance.
Acko General Insurance Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 128.78% increase. The company also saw a substantial fall in profitability, with a 188.48% decrease in profit. The company's net worth Soared by an impressive increase of 136.71%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Acko General Insurance?
In 2023, Acko General Insurance 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)
Suryoday FoundationSrinivasan Vaidyanathaswamy is a mutual person
Goqii Technologies Private LimitedSrinivasan Vaidyanathaswamy is a mutual person
Acko Technology & Services Private LimitedVarun Dua and Animesh Das are mutual person
Indiafirst Life Insurance Company LimitedKavassery Gopalakrishnan is a mutual person
Acko Life Insurance LimitedVarun Dua, Srinivasan Vaidyanathaswamy and 2 more are mutual person
Cfo Bridge Services Private LimitedSrinivasan Vaidyanathaswamy is a mutual person
Charges (Loans)
₹6.00 Cr
₹0
Charges Breakdown by Lending Institutions
- Others : 6.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Sep 2024 | Others | ₹6.00 Cr | Open |
How Many Employees Work at Acko General Insurance?
Acko General Insurance has a workforce of 661 employees as of Mar 23, 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 Acko General Insurance, 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 Acko General Insurance'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.
