Axon Insurance Broking Private Limited

Insurance brokerage and agency services since 2021, based in Gujarat.

2021 | Ahmedabad, Gujarat (India) | Active
Last Updated: November 15, 2024

Axon Insurance Broking Profile

Key Indicators

  • Authorised Capital ₹ 1.86 Cr
  • Paid Up Capital ₹ 1.85 Cr
  • Company Age 3 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.50 Cr
  • Revenue Growth 1079.08%
  • Profit Growth 163.77%
  • Ebitda 412.16%
  • Net Worth 19.90%
  • Total Assets 41.69%

About Axon Insurance Broking

Axon Insurance Broking Private Limited (AIBPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 March 2021 (Three years and 11 months 16 days old ). Its registered office is in Ahmedabad, Gujarat, 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 1.86 Cr and a paid-up capital of Rs 1.85 Cr.

The company currently has active open charges totaling ₹2.50 Cr.

The Key Managerial Personnel (KMP) at Axon Insurance Broking Private Limited India are Asif Sandhi as CEO and Asif Sandhi as Ceo. Narendrasinh Devda, Asif Sandhi, Vinaysinh Chavda, and Two other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    groupaxon.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U66010GJ2021PTC121062

  • Company No.

    121062

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Mar 2021

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Financial Services

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

Executive Team (2)

NameDesignationAppointment DateStatus
Asif Sandhi CEO21-Oct-2022Current
Asif Sandhi CEO21-Oct-2022Current

Board Members (5)

NameDesignationAppointment DateStatus
Narendrasinh Devda Country flag representing In Director 11-Mar-2021Current
Asif Sandhi Country flag representing In Director 20-Oct-2022Current
Vinaysinh Chavda Country flag representing In Director 11-Mar-2021Current
Ahmed Khan Country flag representing In Director 11-Mar-2021Current
Manish Joshi Country flag representing In Director 20-Oct-2022Current

Financial Performance of Axon Insurance Broking.

Axon Insurance Broking Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 1079.08% increase. The company also saw a substantial improvement in profitability, with a 163.77% increase in profit. The company's net worth Soared by an impressive increase of 19.9%.

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
1079.08%
Revenue from Operations
2142.21%
Total Assets
41.69%
Profit or Loss
163.77%
Net Worth
19.90%
EBITDA
412.16%

What is the Ownership and Shareholding Structure of Axon Insurance Broking?

Unlock access to Axon Insurance Broking'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

₹2.50 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Karnataka Bank Ltd. : 2.50 Cr

Latest Charge Details

DateLenderAmountStatus
19 Dec 2023Karnataka Bank Ltd.₹2.50 CrOpen

How Many Employees Work at Axon Insurance Broking?

Axon Insurance Broking has a workforce of 0 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 Axon Insurance Broking, 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 Axon Insurance Broking'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 Axon Insurance Broking

Recent activity within the organization

  • Annual General Meeting

    Axon Insurance Broking Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Axon Insurance Broking Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Karnataka Bank Ltd. amounted to Rs. 2.50 Cr with Charge ID 100838023 was registered on 19 Dec 2023.

    19 Dec 2023

  • Director Appointment

    Asif Mahamadhusen Sandhi was appointed as a Ceo was appointed as a Ceo on 21 Oct 2022 & has been associated with this company since 2 years 4 months .

    21 Oct 2022

  • Director Appointment

    Asif Mohammed Hussain Sandhi was appointed as a Director was appointed as a Director on 20 Oct 2022 & has been associated with this company since 2 years 4 months .

    20 Oct 2022

  • Director Appointment

    Narendrasinh Prahladsinh Devda was appointed as a Director was appointed as a Director on 11 Mar 2021 & has been associated with this company since 3 years 11 months .

    11 Mar 2021

Frequently asked questions

  • Axon Insurance Broking Private Limited was incorporated on 11 Mar 2021.

  • The authorized share capital of Axon Insurance Broking Private Limited is ₹ 1.86 Cr and paid-up capital is ₹ 1.85 Cr.

  • Currently 7 directors are associated with Axon Insurance Broking Private Limited.

    • Narendrasinh Prahladsinh Devda
    • Asif Mohammed Hussain Sandhi
    • Vinaysinh Ramsinh Chavda
    • Ahmed Raza Mohammad Khan
    • Manish Lalitbhai Joshi
    • Asif Mahamadhusen Sandhi
    • Asif Mohammed Hussain Sandhi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Axon Insurance Broking Private Limited is 404 Fourth Floor Silver Radiance Pakwan Char Rasta Sindhu Bhavan Road Bodakdev India, Ahmedabad, Gujarat, 380054.

  • The corporate identification number (CIN) of Axon Insurance Broking Private Limited is U66010GJ2021PTC121062 and the company number is 121062 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Axon Insurance Broking Private Limited is https://www.groupaxon.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Axon Insurance Broking Private Limited has risen by 1079.08%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Axon Insurance Broking Private Limited has experienced an upsurge of 19.90%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Axon Insurance Broking Private Limited amount to ₹ 2.50 Cr.

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

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