Advance India Insurance Broker Services Profile
Key Indicators
- Authorised Capital ₹ 7.50 M
- Paid Up Capital ₹ 7.50 M
- Company Age 20 Year, 9 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 nine 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
Financial Services
Advance India Insurance Broker Services Limited
Explore comprehensive data for Advance India Insurance Broker Services Limited, including financials, compliance details, shareholding patterns, and litigation history.
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
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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.
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Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Advance India Insurance Broker Services
Recent activity within the organization
- Annual General Meeting
Advance India Insurance Broker Services Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Advance India Insurance Broker Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
- Director Appointment
Manjeri Vishnanathan Sundareswaran was appointed as a Director was appointed as a Director on 30 Sep 2020 & has been associated with this company since 4 years 7 months .
- Director Appointment
Bhaskaran Srikumar was appointed as a Director was appointed as a Director on 24 Aug 2016 & has been associated with this company since 8 years 8 months .
- Director Appointment
Sabhya Saachi Sharma was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 18 Oct 2014 & has been associated with this company since 10 years 6 months .
- Director Appointment
Sunanda Sharma was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 30 Mar 2010 & has been associated with this company since 15 years 1 month .
Frequently asked questions
What is the Incorporation or founding date of Advance India Insurance Broker Services Limited?
Advance India Insurance Broker Services Limited was incorporated on 27 Jul 2004.
What is authorized share capital and paid-up capital of Advance India Insurance Broker Services Limited?
The authorized share capital of Advance India Insurance Broker Services Limited is ₹ 7.50 M and paid-up capital is ₹ 7.50 M.
Who are the current board members & directors of Advance India Insurance Broker Services Limited?
Currently 4 directors are associated with Advance India Insurance Broker Services Limited.
- Sabhya Saachi Sharma
- Manjeri Vishnanathan Sundareswaran
- Sunanda Sharma
- Bhaskaran Srikumar
What is the registered address of Advance India Insurance Broker Services Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Advance India Insurance Broker Services Limited is 1205 Urban Estate, Phase-1 India, Jalandhar, Punjab, 144022.
What is the corporate identification number (CIN) and company number of Advance India Insurance Broker Services Limited?
The corporate identification number (CIN) of Advance India Insurance Broker Services Limited is U66010PB2004PLC027333 and the company number is 027333 as per Ministry of Corporate Affairs (MCA).
What is the official website of Advance India Insurance Broker Services Limited?
The Official website of Advance India Insurance Broker Services Limited is https://www.advanceindiabrokers.com
What has been the recent revenue trend for Advance India Insurance Broker Services Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Advance India Insurance Broker Services Limited has risen by 23.96%.
What change has been observed in the net worth of Advance India Insurance Broker Services Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Advance India Insurance Broker Services Limited has experienced an upsurge of 18.42%.
When was the last Balance Sheet of Advance India Insurance Broker Services Limited filed with the ROC?
The most recent Balance Sheet for Advance India Insurance Broker Services Limited was filed with the ROC on 31 Mar 2024.
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