Edme Insurance Brokers Limited

Founded in 2001 and headquartered in Gujarat, India.

2001 | Junagadh, Gujarat (India) | Active
Last Updated: November 16, 2024

Edme Insurance Brokers Profile

Key Indicators

  • Authorised Capital ₹ 5.50 Cr
  • Paid Up Capital ₹ 5.13 Cr
  • Company Age 23 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -10.26%
  • Profit Growth 13.31%
  • Ebitda 4.56%
  • Net Worth 9.85%
  • Total Assets 0.46%

About Edme Insurance Brokers

Edme Insurance Brokers Limited (EIBL) is a leading Public Limited Indian Non-Government Company incorporated in India on 26 December 2001 and has a history of 23 years and one month. Its registered office is in Junagadh, Gujarat, India.

The Corporate was formerly known as Birla Insurance Advisory & Broking Services Limited. 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 5.50 Cr and a paid-up capital of Rs 5.13 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Edme Insurance Brokers Limited India are Praveen Ladia as Cfo, Sanjay Radhakrishnan as Ceo, and Jaibind Sahu as Company Secretary.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U99999GJ2001PLC062239

  • Company No.

    062239

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Dec 2001

  • Date of AGM

    05 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Financial Services

Who are the key members and board of directors at Edme Insurance Brokers?

Executive Team (3)

Name Designation Appointment Date Status
Praveen Ladia Country flag representing In CFO 25-Sep-2024 Current
Sanjay Radhakrishnan Country flag representing In CEO 25-Sep-2024 Current
Jaibind Sahu Company Secretary 22-Apr-2023 Current

Board Members (3)

Name Designation Appointment Date Status
Vikram Agarwal Country flag representing In Additional Director 28-Sep-2024 Current
Nilay Pratik Country flag representing In Additional Director 04-Oct-2024 Current
Manish Mehta Country flag representing In Additional Director 28-Sep-2024 Current

Financial Performance of Edme Insurance Brokers.

Aditya Birla Insurance Brokers Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.26% decrease. The company also saw a substantial improvement in profitability, with a 13.31% increase in profit. The company's net worth moved up by a moderate rise of 9.85%.

Graph illustrating revenue growth over time
Graph showing 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
-10.26%
Revenue from Operations
-11.30%
Total Assets
0.46%
Profit or Loss
13.31%
Net Worth
9.85%
EBITDA
4.56%

What is the Ownership and Shareholding Structure of Edme Insurance Brokers?

In 2023, Edme 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.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Edme Insurance Brokers?

Edme Insurance Brokers has a workforce of 280 employees as of Apr 06, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Edme 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 Edme Insurance Brokers'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 Edme Insurance Brokers

Recent activity within the organization

  • Director Appointment

    Nilay Pratik was appointed as a Additional Director was appointed as a Additional Director on 04 Oct 2024 & has been associated with this company since 3 months 29 days .

    04 Oct 2024

  • Director Appointment

    Vikram Ranjan Agarwal was appointed as a Additional Director was appointed as a Additional Director on 28 Sep 2024 & has been associated with this company since 4 months 5 days .

    28 Sep 2024

  • Director Appointment

    Manish Mehta was appointed as a Additional Director was appointed as a Additional Director on 28 Sep 2024 & has been associated with this company since 4 months 5 days .

    28 Sep 2024

  • Director Appointment

    Praveen Ladia was appointed as a Cfo was appointed as a Cfo on 25 Sep 2024 & has been associated with this company since 4 months 8 days .

    25 Sep 2024

  • Director Appointment

    Sanjay Radhakrishnan was appointed as a Ceo was appointed as a Ceo on 25 Sep 2024 & has been associated with this company since 4 months 8 days .

    25 Sep 2024

  • Annual General Meeting

    Edme Insurance Brokers Limited last Annual general meeting of members was held on 05 Aug 2024 as per latest MCA records.

    05 Aug 2024

Frequently asked questions

  • Edme Insurance Brokers Limited was incorporated on 26 Dec 2001.

  • The authorized share capital of Edme Insurance Brokers Limited is ₹ 5.50 Cr and paid-up capital is ₹ 5.13 Cr.

  • Currently 6 directors are associated with Edme Insurance Brokers Limited.

    • Vikram Ranjan Agarwal
    • Manish Mehta
    • Nilay Pratik
    • Praveen Ladia
    • Sanjay Radhakrishnan
    • Jaibind Kumar Sahu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Edme Insurance Brokers Limited is Indian Rayon Compound India, Veraval, Gujarat, 362266.

  • The corporate identification number (CIN) of Edme Insurance Brokers Limited is U99999GJ2001PLC062239 and the company number is 062239 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Edme Insurance Brokers Limited is https://www.retail.adityabirlainsurancebrokers.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Edme Insurance Brokers Limited has fallen by -10.26%.

  • As Per 2023 financial reports, 280 employees are currently employed by Edme Insurance Brokers Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Edme Insurance Brokers Limited has experienced an upsurge of 9.85%.

  • The most recent Balance Sheet for Edme Insurance Brokers Limited was filed with the ROC on 31 Mar 2024.

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