

Afro-Asian Insurance & Reinsurance Brokers (India) Profile
Key Indicators
- Authorised Capital ₹ 6.50 Cr
- Paid Up Capital ₹ 5.57 Cr
- Company Age 24 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth 5.59%
- Profit Growth 257.10%
- Ebitda 680.89%
- Net Worth 16.36%
- Total Assets -28.67%
About Afro-Asian Insurance & Reinsurance Brokers (India)
Afro-Asian Insurance & Reinsurance Brokers (India) Private Limited (AIRBIPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 November 2000 and has a history of 24 years and six months. Its registered office is in Mumbai, Maharashtra, 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.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- 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
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%.


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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)
- Icecorp Solutions Private Limited
Rajesh Kapasi is a mutual person
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.
Latest Updates, News, and FAQs on Afro-Asian Insurance & Reinsurance Brokers (India)
Recent activity within the organization
- Annual General Meeting
Afro-Asian Insurance & Reinsurance Brokers (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Afro-Asian Insurance & Reinsurance Brokers (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Avinash Anant Bagul was appointed as a Director was appointed as a Director on 06 Dec 2016 & has been associated with this company since 8 years 5 months .
- Director Appointment
Jay Bharat Thakker was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 23 Dec 2014 & has been associated with this company since 10 years 4 months .
- Director Appointment
Udai Rasiklal Patel was appointed as a Director was appointed as a Director on 18 May 2004 & has been associated with this company since 20 years 11 months .
- Director Appointment
Rajesh Ramniklal Kapasi was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 21 Jan 2004 & has been associated with this company since 21 years 3 months .
Frequently asked questions
What is the Incorporation or founding date of Afro-Asian Insurance & Reinsurance Brokers (India) Private Limited?
Afro-Asian Insurance & Reinsurance Brokers (India) Private Limited was incorporated on 03 Nov 2000.
What is authorized share capital and paid-up capital of Afro-Asian Insurance & Reinsurance Brokers (India) Private Limited?
The authorized share capital of Afro-Asian Insurance & Reinsurance Brokers (India) Private Limited is ₹ 6.50 Cr and paid-up capital is ₹ 5.57 Cr.
Who are the current board members & directors of Afro-Asian Insurance & Reinsurance Brokers (India) Private Limited?
Currently 4 directors are associated with Afro-Asian Insurance & Reinsurance Brokers (India) Private Limited.
- Rajesh Ramniklal Kapasi
- Udai Rasiklal Patel
- Jay Bharat Thakker
- Avinash Anant Bagul
What is the registered address of Afro-Asian Insurance & Reinsurance Brokers (India) Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Afro-Asian Insurance & Reinsurance Brokers (India) Private Limited is 75, Bajaj Bhawan Nariman Point India, Mumbai, Maharashtra, 400021.
What is the corporate identification number (CIN) and company number of Afro-Asian Insurance & Reinsurance Brokers (India) Private Limited?
The corporate identification number (CIN) of Afro-Asian Insurance & Reinsurance Brokers (India) Private Limited is U74999MH2000PTC129466 and the company number is 129466 as per Ministry of Corporate Affairs (MCA).
What is the official website of Afro-Asian Insurance & Reinsurance Brokers (India) Private Limited?
The Official website of Afro-Asian Insurance & Reinsurance Brokers (India) Private Limited is https://www.aairb.com
What has been the recent revenue trend for Afro-Asian Insurance & Reinsurance Brokers (India) Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Afro-Asian Insurance & Reinsurance Brokers (India) Private Limited has risen by 5.59%.
How many employees does Afro-Asian Insurance & Reinsurance Brokers (India) Private Limited currently have?
As Per 2021 financial reports, 16 employees are currently employed by Afro-Asian Insurance & Reinsurance Brokers (India) Private Limited.
What change has been observed in the net worth of Afro-Asian Insurance & Reinsurance Brokers (India) Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Afro-Asian Insurance & Reinsurance Brokers (India) Private Limited has experienced an upsurge of 16.36%.
When was the last Balance Sheet of Afro-Asian Insurance & Reinsurance Brokers (India) Private Limited filed with the ROC?
The most recent Balance Sheet for Afro-Asian Insurance & Reinsurance Brokers (India) Private Limited was filed with the ROC on 31 Mar 2024.
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