Afro-Asian Insurance & Reinsurance Brokers (India) Profile
Key Indicators
- Authorised Capital ₹ 6.50 Cr
as on 30-12-2024
- Paid Up Capital ₹ 5.57 Cr
as on 30-12-2024
- Company Age 24 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Revenue 5.59%
(FY 2021)
- Profit 257.10%
(FY 2021)
- Ebitda 680.89%
(FY 2021)
- Net Worth 16.36%
(FY 2021)
- Total Assets -28.67%
(FY 2021)
About Afro-Asian Insurance & Reinsurance Brokers (India)
The Corporate was formerly known as Afro-Asian Insurance Services (India) Private 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 6.50 Cr and a paid-up capital of Rs 5.57 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rajesh Kapasi, Udai Patel, Jay Thakker, and One other member serve as directors at the Company.
- CIN/LLPIN
U74999MH2000PTC129466
- Company No.
129466
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 Nov 2000
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Afro-Asian Insurance & Reinsurance Brokers (India)?
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jay Thakker  | Whole-Time Director | 23-Dec-2014 | Current |
Avinash Bagul  | Director | 06-Dec-2016 | Current |
| Rajesh Kapasi | Whole-Time Director | 21-Jan-2004 | Current |
| Udai Patel | Director | 18-May-2004 | Current |
Financial Performance of Afro-Asian Insurance & Reinsurance Brokers (India).
Afro-Asian Insurance & Reinsurance Brokers (India) Private Limited, for the financial year ended 2021, experienced modest growth in revenue, with a 5.59% increase. The company also saw a substantial improvement in profitability, with a 257.1% increase in profit. The company's net worth Soared by an impressive increase of 16.36%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Afro-Asian Insurance & Reinsurance Brokers (India)?
In 2021, Afro-Asian Insurance & Reinsurance Brokers (India) 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)
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Afro-Asian Insurance & Reinsurance Brokers (India)?
Afro-Asian Insurance & Reinsurance Brokers (India) has a workforce of 16 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Afro-Asian Insurance & Reinsurance Brokers (India), 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 Afro-Asian Insurance & Reinsurance Brokers (India)'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.
