Apex Insurance Broking Services Private Limited

Provides various insurance services, including general, health, and vehicle coverage.

2015 | Shaikpet, Telangana (India) | Active
Last Updated: June 17, 2024

Apex Insurance Broking Services Profile

Key Indicators

  • Authorised Capital ₹ 8.00 M
  • Paid Up Capital ₹ 7.50 M
  • Company Age 9 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 53.49%
  • Profit Growth 75.64%
  • Ebitda 95.06%
  • Net Worth 16.71%
  • Total Assets 28.67%

About Apex Insurance Broking Services

Apex Insurance Broking Services Private Limited (AIBSPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 December 2015 (Nine years and one month 16 days old ). Its registered office is in Shaikpet, Telangana, India.

The Company is engaged in the Finance And Insurance 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 8.00 M and a paid-up capital of Rs 7.50 M, as per Ministry of Corporate Affairs (MCA) records.

Shereen Muddigunda and Muddigunda Jaghann serve as directors at the Company.

Company Details

  • Location

    Shaikpet, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U67190TG2015PTC102263

  • Company No.

    102263

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Dec 2015

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Finance and Insurance

What products or services does Apex Insurance Broking Services Private Limited offer?

Apex Insurance Broking Services Private Limited offers a wide range of products and services, including Corporate and Soft Skills Training, Corporate Training.

Who are the key members and board of directors at Apex Insurance Broking Services?

Board Members (2)

Name Designation Appointment Date Status
Shereen Muddigunda Country flag representing In Director 16-Dec-2015 Current
Muddigunda Jaghann Country flag representing In Director 16-Dec-2015 Current

Financial Performance of Apex Insurance Broking Services.

Apex Insurance Broking Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 53.49% increase. The company also saw a substantial improvement in profitability, with a 75.64% increase in profit. The company's net worth Soared by an impressive increase of 16.71%.

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
53.49%
Revenue from Operations
54.95%
Total Assets
28.67%
Profit or Loss
75.64%
Net Worth
16.71%
EBITDA
95.06%

What is the Ownership and Shareholding Structure of Apex Insurance Broking Services?

In 2023, Apex Insurance Broking Services had a promoter holding of 64.00% and a public holding of 36.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Apex Insurance Broking Services?

Apex Insurance Broking Services has a workforce of 29 employees as of Apr 09, 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 Apex Insurance Broking 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 Apex Insurance Broking Services'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 Apex Insurance Broking Services

Recent activity within the organization

  • Annual General Meeting

    Apex Insurance Broking Services Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Apex Insurance Broking Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Director Appointment

    Shereen Muddigunda was appointed as a Director was appointed as a Director on 16 Dec 2015 & has been associated with this company since 9 years 1 month .

    16 Dec 2015

  • Director Appointment

    Muddigunda Jaghann was appointed as a Director was appointed as a Director on 16 Dec 2015 & has been associated with this company since 9 years 1 month .

    16 Dec 2015

  • Company Incorporation

    Apex Insurance Broking Services Private Limited was registered on 16 Dec 2015 with Roc Hyderabad & aged 9 years 1 month as per MCA records.

    16 Dec 2015

Frequently asked questions

  • Apex Insurance Broking Services Private Limited was incorporated on 16 Dec 2015.

  • The authorized share capital of Apex Insurance Broking Services Private Limited is ₹ 8.00 M and paid-up capital is ₹ 7.50 M.

  • Currently 2 directors are associated with Apex Insurance Broking Services Private Limited.

    • Shereen Muddigunda
    • Muddigunda Jaghann
  • As per Ministry of Corporate Affairs (Mca), the registered address of Apex Insurance Broking Services Private Limited is Flat No. 102 1St Floor Sagacity Heights, Plot No. 27 Near Maharaja Chat Phase I Kavuri Hills Madhapur, Shaikpet, Telangana, India, 500081.

  • The corporate identification number (CIN) of Apex Insurance Broking Services Private Limited is U67190TG2015PTC102263 and the company number is 102263 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Apex Insurance Broking Services Private Limited is https://www.apexinsurance.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Apex Insurance Broking Services Private Limited has risen by 53.49%.

  • As Per 2023 financial reports, 29 employees are currently employed by Apex Insurance Broking Services Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Apex Insurance Broking Services Private Limited has experienced an upsurge of 16.71%.

  • The most recent Balance Sheet for Apex Insurance Broking Services Private Limited was filed with the ROC on 31 Mar 2023.