Beacon Insurance Brokers Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 5.57 Cr
- Company Age 20 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.75 Cr
- Satisfied Charges ₹ 3.80 Cr
- Revenue Growth 21.92%
- Profit Growth 53.72%
- Ebitda 47.09%
- Net Worth 56.40%
- Total Assets 45.46%
About Beacon Insurance Brokers
Beacon Insurance Brokers Private Limited (BIBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 January 2005 and has a history of 20 years and three months. Its registered office is in Vadodara, Gujarat, India.
The Corporate was formerly known as Beacon Insurance 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 10.00 Cr and a paid-up capital of Rs 5.57 Cr.
The company currently has active open charges totaling ₹5.75 Cr. The company has closed loans amounting to ₹3.80 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sanjeet Rustagi and Sanjay Agrawal serve as directors at the Company.
Company Details
- Location
Vadodara, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U67200GJ2005PTC045374
- Company No.
045374
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
31 Jan 2005
- Date of AGM
26 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Financial Services
What products or services does Beacon Insurance Brokers Private Limited offer?
Beacon Insurance Brokers Private Limited offers a wide range of products and services, including Insurance Service, Insurance Processing Services, Risk Management Services, Corporate Finance & Leasing Advisors, Fund Management Services, Product Development Research, R&D Consulting Services, Insurance Agents and Services, Life Insurance, Insurance Claim Service.
Beacon Insurance Brokers Private Limited
Explore comprehensive data for Beacon Insurance Brokers Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Beacon Insurance Brokers?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sanjeet Rustagi  | Managing Director | 31-Jan-2005 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sanjay Agrawal | Director | 18-Apr-2005 | Current |
Financial Performance of Beacon Insurance Brokers.
Beacon Insurance Brokers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.92% increase. The company also saw a substantial improvement in profitability, with a 53.72% increase in profit. The company's net worth Soared by an impressive increase of 56.4%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Beacon Insurance Brokers?
In 2023, Beacon Insurance Brokers had a promoter holding of 86.66% and a public holding of 13.34%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹5.75 Cr
Satisfied Charges
₹3.80 Cr
Charges Breakdown by Lending Institutions
- Others : 5.75 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Oct 2015 | Others | ₹1.92 Cr | Open |
| 13 Oct 2014 | Others | ₹3.83 Cr | Open |
| 15 May 2019 | Others | ₹4.00 M | Satisfied |
| 24 Mar 2018 | Others | ₹4.00 M | Satisfied |
| 20 Jul 2016 | Others | ₹3.00 Cr | Satisfied |
How Many Employees Work at Beacon Insurance Brokers?
Beacon Insurance Brokers has a workforce of 232 employees as of Apr 01, 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 Beacon 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 Beacon Insurance Brokers'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 Beacon Insurance Brokers
Recent activity within the organization
- Charges
A charge registered on 20 Jul 2016 via Charge ID 100042595 with Others was fully satisfied on 27 Sep 2024.
- Annual General Meeting
Beacon Insurance Brokers Private Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.
- Balance Sheet
Beacon Insurance Brokers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge registered on 15 May 2019 via Charge ID 100262204 with Others was fully satisfied on 14 Feb 2023.
- Charges
A charge registered on 24 Mar 2018 via Charge ID 100165379 with Others was fully satisfied on 14 Feb 2023.
- Charges
A charge with Others amounted to Rs. 0.40 Cr with Charge ID 100262204 was registered on 15 May 2019.
Frequently asked questions
What is the Incorporation or founding date of Beacon Insurance Brokers Private Limited?
Beacon Insurance Brokers Private Limited was incorporated on 31 Jan 2005.
What is authorized share capital and paid-up capital of Beacon Insurance Brokers Private Limited?
The authorized share capital of Beacon Insurance Brokers Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 5.57 Cr.
Who are the current board members & directors of Beacon Insurance Brokers Private Limited?
Currently 2 directors are associated with Beacon Insurance Brokers Private Limited.
- Sanjeet Kumar Rampal Rustagi
- Sanjay Dinanath Agrawal
What is the registered address of Beacon Insurance Brokers Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Beacon Insurance Brokers Private Limited is 903/904 9Th Floor Iscon Atria-2 Gotri Road, India, Vadodara, Gujarat, 390021.
What is the corporate identification number (CIN) and company number of Beacon Insurance Brokers Private Limited?
The corporate identification number (CIN) of Beacon Insurance Brokers Private Limited is U67200GJ2005PTC045374 and the company number is 045374 as per Ministry of Corporate Affairs (MCA).
What is the official website of Beacon Insurance Brokers Private Limited?
The Official website of Beacon Insurance Brokers Private Limited is https://www.beacon.co.in
What has been the recent revenue trend for Beacon Insurance Brokers Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Beacon Insurance Brokers Private Limited has risen by 21.92%.
How many employees does Beacon Insurance Brokers Private Limited currently have?
As Per 2023 financial reports, 232 employees are currently employed by Beacon Insurance Brokers Private Limited.
What change has been observed in the net worth of Beacon Insurance Brokers Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Beacon Insurance Brokers Private Limited has experienced an upsurge of 56.40%.
What are the total open charges for Beacon Insurance Brokers Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Beacon Insurance Brokers Private Limited amount to ₹ 5.75 Cr.
When was the last Balance Sheet of Beacon Insurance Brokers Private Limited filed with the ROC?
The most recent Balance Sheet for Beacon Insurance Brokers Private Limited was filed with the ROC on 31 Mar 2024.
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