Advance India Insurance Broker Services Profile
Key Indicators
- Authorised Capital ₹ 7.50 M
- Paid Up Capital ₹ 7.50 M
- Company Age 20 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 0.70 M
- Revenue Growth 23.96%
- Profit Growth 68.45%
- Ebitda 39.90%
- Net Worth 18.42%
- Total Assets 59.08%
About Advance India Insurance Broker Services
Advance India Insurance Broker Services Limited (AIIBSL) is a Public Limited Indian Non-Government Company incorporated in India on 27 July 2004 and has a history of 20 years and six months. Its registered office is in Jalandhar, Punjab, India.
The Corporate was formerly known as Advance India Insurance 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 7.50 M and a paid-up capital of Rs 7.50 M.
The company has closed loans amounting to ₹0.70 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Sabhya Sharma, Manjeri Sundareswaran, Sunanda Sharma, and One other member serve as directors at the Company.
Company Details
- Location
Jalandhar, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U66010PB2004PLC027333
- Company No.
027333
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
27 Jul 2004
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Who are the key members and board of directors at Advance India Insurance Broker Services?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sabhya Sharma  | Whole-Time Director | 18-Oct-2014 | Current |
| Manjeri Sundareswaran | Director | 30-Sep-2020 | Current |
| Sunanda Sharma | Whole-Time Director | 30-Mar-2010 | Current |
| Bhaskaran Srikumar | Director | 24-Aug-2016 | Current |
Financial Performance of Advance India Insurance Broker Services.
Advance India Insurance Broker Services Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 23.96% increase. The company also saw a substantial improvement in profitability, with a 68.45% increase in profit. The company's net worth Soared by an impressive increase of 18.42%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Advance India Insurance Broker Services?
In 2021, Advance India Insurance Broker Services 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)
Evren Cybersecurity Private LimitedSabhya Sharma is a mutual person
Dynamic Taxanalytics & Consulting LlpSabhya Sharma is a mutual person
- Flander Expofab Private Limited
Sabhya Sharma is a mutual person
- Canibuild Technologies India Private Limited
Sabhya Sharma is a mutual person
- Helios Global Solutions Private Limited
Sabhya Sharma is a mutual person
- Apache Healthcare Foundation
Sabhya Sharma is a mutual person
Charges (Loans)
₹0
₹0.70 M
Charges Breakdown by Lending Institutions
- Icici Bank Ltd. : 0.07 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Aug 2004 | Icici Bank Ltd. | ₹0.70 M | Satisfied |
How Many Employees Work at Advance India Insurance Broker Services?
Unlock and access historical data on people associated with Advance India Insurance Broker Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Advance India Insurance Broker Services, 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 Advance India Insurance Broker Services'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.
