Advance Life Insurance Brokers Private Limited

Insurance broking firm offering various types of insurance policies through partnerships with top companies.

2014 | East Delhi, Delhi (India) | Active
Last Updated: December 12, 2024

Advance Life Insurance Brokers Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 7.50 M
  • Company Age 10 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 5.36 M
  • Revenue Growth 21.43%
  • Profit Growth 84.95%
  • Ebitda 259.64%
  • Net Worth 19.81%
  • Total Assets 13.10%

About Advance Life Insurance Brokers

Advance Life Insurance Brokers Private Limited (ALIBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 September 2014 and has a history of Ten years and five months. Its registered office is in East Delhi, 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 7.50 M and a paid-up capital of Rs 7.50 M.

The company has closed loans amounting to ₹5.36 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Joydeep Majumdar and Surender Kumar serve as directors at the Company.

Company Details

  • Location

    East Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    advancelifeinsurance.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U66000DL2014PTC271182

  • Company No.

    271182

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Sep 2014

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Financial Services

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

Board Members (2)

Name Designation Appointment Date Status
Surender Kumar Country flag representing In Director 03-Sep-2014 Current
Joydeep Majumdar Country flag representing In Director 03-Sep-2014 Current

Financial Performance of Advance Life Insurance Brokers.

Advance Life Insurance Brokers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.43% increase. The company also saw a substantial improvement in profitability, with a 84.95% increase in profit. The company's net worth Soared by an impressive increase of 19.81%.

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
21.43%
Revenue from Operations
21.19%
Total Assets
13.10%
Profit or Loss
84.95%
Net Worth
19.81%
EBITDA
259.64%

What is the Ownership and Shareholding Structure of Advance Life Insurance Brokers?

Unlock access to Advance Life Insurance Brokers's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹5.36 M

Charges Breakdown by Lending Institutions

  • Others : 0.39 Cr
  • Hdfc Bank Limited : 0.15 Cr

Latest Charge Details

Date Lender Amount Status
25 Feb 2022 Others ₹2.20 M Satisfied
25 Mar 2021 Others ₹1.70 M Satisfied
29 Mar 2017 Hdfc Bank Limited ₹1.46 M Satisfied

How Many Employees Work at Advance Life Insurance Brokers?

Advance Life Insurance Brokers has a workforce of 7 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 Advance Life 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 Advance Life 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 Advance Life Insurance Brokers

Recent activity within the organization

  • Annual General Meeting

    Advance Life Insurance Brokers Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Advance Life Insurance Brokers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge registered on 25 Feb 2022 via Charge ID 100564086 with Others was fully satisfied on 13 Jan 2023.

    13 Jan 2023

  • Charges

    A charge registered on 25 Mar 2021 via Charge ID 100462296 with Others was fully satisfied on 24 Nov 2022.

    24 Nov 2022

  • Charges

    A charge with Others amounted to Rs. 2.20 M with Charge ID 100564086 was registered on 25 Feb 2022.

    25 Feb 2022

  • Charges

    A charge registered on 29 Mar 2017 via Charge ID 100147899 with Hdfc Bank Limited was fully satisfied on 09 Apr 2021.

    09 Apr 2021

Frequently asked questions

  • Advance Life Insurance Brokers Private Limited was incorporated on 03 Sep 2014.

  • The authorized share capital of Advance Life Insurance Brokers Private Limited is ₹ 7.50 M and paid-up capital is ₹ 7.50 M.

  • Currently 2 directors are associated with Advance Life Insurance Brokers Private Limited.

    • Joydeep Majumdar
    • Surender Tonk Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Advance Life Insurance Brokers Private Limited is Office No 9 First Floor D-5 Awadh Complex, India, Laxmi Nagar, Delhi, 110092.

  • The corporate identification number (CIN) of Advance Life Insurance Brokers Private Limited is U66000DL2014PTC271182 and the company number is 271182 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Advance Life Insurance Brokers Private Limited is https://www.advancelifeinsurance.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Advance Life Insurance Brokers Private Limited has risen by 21.43%.

  • As Per 2023 financial reports, 7 employees are currently employed by Advance Life Insurance Brokers Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Advance Life Insurance Brokers Private Limited has experienced an upsurge of 19.81%.

  • The most recent Balance Sheet for Advance Life Insurance Brokers Private Limited was filed with the ROC on 31 Mar 2023.

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