Alliance Insurance Brokers Private Limited

Composite insurance broker offering customized services, claims management, and insurance audit.

2003 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Alliance Insurance Brokers Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 11.37 Cr
  • Company Age 21 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 15.60 Cr
  • Revenue Growth 14.36%
  • Profit Growth 0.10%
  • Ebitda -1.14%
  • Net Worth 26.10%
  • Total Assets 18.69%

About Alliance Insurance Brokers

Alliance Insurance Brokers Private Limited (AIBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 August 2003 and has a history of 21 years and five months. Its registered office is in Mumbai, Maharashtra, 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 2024. It's a company limited by shares with an authorized capital of Rs 12.00 Cr and a paid-up capital of Rs 11.37 Cr.

The company has closed loans amounting to ₹15.60 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Alliance Insurance Brokers Private Limited India is Mr Patel as COMPANY SECRETARY. Nilesh Mehta, Shashikant Thakkar, Aatur Thakkar, and Four other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U67200MH2003PTC141621

  • Company No.

    141621

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Aug 2003

  • Date of AGM

    05 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

What products or services does Alliance Insurance Brokers Private Limited offer?

Alliance Insurance Brokers Private Limited offers a wide range of products and services, including Insurance Agents and Services, Insurance Service, Industrial Insurance Services, Financial Service, Finance Consultant, Content Management Service, IT Infrastructure Solution, Infrastructure Management Services, Coaching Classes & Tuition Centers, Coaching Classes.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Mr Patel Country flag representing In Company Secretary06-Sep-2019Current

Board Members (7)

NameDesignationAppointment DateStatus
Shashikant Thakkar Country flag representing In Director 06-Aug-2003Current
Nilesh Mehta Country flag representing In Nominee Director 27-Oct-2015Current
Aatur Thakkar Country flag representing In Director 10-Dec-2004Current
Salil Das Country flag representing In Director 30-Oct-2014Current
Sangeeta Modi Country flag representing In Nominee Director 27-Oct-2015Current
Pranav Shah Country flag representing In Director 24-Apr-2013Current

Financial Performance of Alliance Insurance Brokers.

Alliance Insurance Brokers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.36% increase. The company also saw a slight improvement in profitability, with a 0.1% increase in profit. The company's net worth Soared by an impressive increase of 26.1%.

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
14.36%
Revenue from Operations
13.89%
Total Assets
18.69%
Profit or Loss
0.10%
Net Worth
26.10%
EBITDA
-1.14%

What is the Ownership and Shareholding Structure of Alliance Insurance Brokers?

In 2023, Alliance Insurance Brokers had a promoter holding of 78.59% and a public holding of 21.41%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹15.60 Cr

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 11.50 Cr
  • Housing Development Finance Corporation Limited : 3.50 Cr
  • Others : 0.60 Cr

Latest Charge Details

DateLenderAmountStatus
11 Apr 2018Others₹6.00 MSatisfied
24 Sep 2011Bank Of Baroda₹9.00 CrSatisfied
23 Apr 2009Bank Of Baroda₹2.50 CrSatisfied
24 Mar 2008Housing Development Finance Corporation Limited₹3.50 CrSatisfied

How Many Employees Work at Alliance Insurance Brokers?

Alliance Insurance Brokers has a workforce of 417 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 Alliance 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 Alliance 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 Alliance Insurance Brokers

Recent activity within the organization

  • Annual General Meeting

    Alliance Insurance Brokers Private Limited last Annual general meeting of members was held on 05 Sep 2024 as per latest MCA records.

    05 Sep 2024

  • Balance Sheet

    Alliance Insurance Brokers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 11 Apr 2018 via Charge ID 100194367 with Others was fully satisfied on 20 Apr 2022.

    20 Apr 2022

  • Charges

    A charge registered on 24 Sep 2011 via Charge ID 10316285 with Bank Of Baroda was fully satisfied on 21 Dec 2018.

    21 Dec 2018

  • Charges

    A charge with Others amounted to Rs. 0.60 Cr with Charge ID 100194367 was registered on 11 Apr 2018.

    11 Apr 2018

  • Director Appointment

    Nilesh Bansilal Mehta was appointed as a Nominee Director was appointed as a Nominee Director on 27 Oct 2015 & has been associated with this company since 9 years 3 months .

    27 Oct 2015

Frequently asked questions

  • Alliance Insurance Brokers Private Limited was incorporated on 06 Aug 2003.

  • The authorized share capital of Alliance Insurance Brokers Private Limited is ₹ 12.00 Cr and paid-up capital is ₹ 11.37 Cr.

  • Currently 8 directors are associated with Alliance Insurance Brokers Private Limited.

    • Nilesh Bansilal Mehta
    • Shashikant Vanmalidas Thakkar
    • Aatur Shashikant Thakkar
    • Salil Ranjan Das
    • Sangeeta Bhagwatiprasad Modi
    • Pranav Kanak Shah
    • Bhuthalingam Gowri Jayaraman
    • Mr Rahul Chhaganlal Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Alliance Insurance Brokers Private Limited is 8Th Floor Gold Crest 10Th Road Juhu Vile Parle (West), India, Mumbai, Maharashtra, 400049.

  • The corporate identification number (CIN) of Alliance Insurance Brokers Private Limited is U67200MH2003PTC141621 and the company number is 141621 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Alliance Insurance Brokers Private Limited is https://www.allianceinsurance.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Alliance Insurance Brokers Private Limited has risen by 14.36%.

  • As Per 2023 financial reports, 417 employees are currently employed by Alliance Insurance Brokers Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Alliance Insurance Brokers Private Limited has experienced an upsurge of 26.10%.

  • The most recent Balance Sheet for Alliance Insurance Brokers Private Limited was filed with the ROC on 31 Mar 2024.

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