Best Insurance Broking Services Private Limited

Founded in 2000 and headquartered in Tamil Nadu, India.

2000 | Thanjavur, Tamil Nadu (India) | Active
Last Updated: December 29, 2024

Best Insurance Broking Services Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 24 Year, 4 Months
  • Last Filing with ROC 31 Mar 2019
  • Satisfied Charges ₹ 4.00 M
  • Revenue Growth -58.69%
  • Profit Growth -97.41%
  • Ebitda -115.11%
  • Net Worth 0.19%
  • Total Assets -0.97%

About Best Insurance Broking Services

Best Insurance Broking Services Private Limited (BIBSPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 September 2000 and has a history of 24 years and four months. Its registered office is in Thanjavur, Tamil Nadu, India.

The Company is engaged in the Insurance Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2019. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 5.00 M.

The company has closed loans amounting to ₹4.00 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Subramania Radhakrishnan and Srinivasan Ramachandran serve as directors at the Company.

Company Details

  • Location

    Thanjavur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U67200TN2000PTC045728

  • Company No.

    045728

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Sep 2000

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Insurance

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

Executive Team (1)

Name Designation Appointment Date Status
Srinivasan Ramachandran Country flag representing In Managing Director 14-Sep-2000 Current

Board Members (1)

Name Designation Appointment Date Status
Subramania Radhakrishnan Country flag representing In Director 14-Sep-2000 Current

Financial Performance of Best Insurance Broking Services.

Best Insurance Broking Services Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 58.69% decrease. The company also saw a substantial fall in profitability, with a 97.41% decrease in profit. The company's net worth moved up by a moderate rise of 0.19%.

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
-58.69%
Revenue from Operations
-64.19%
Total Assets
-0.97%
Profit or Loss
-97.41%
Net Worth
0.19%
EBITDA
-115.11%

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

In 2017, Best Insurance Broking Services had a promoter holding of 99.30% and a public holding of 0.70%. 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

₹4.00 M

Charges Breakdown by Lending Institutions

  • Corporation Bank : 0.40 Cr

Latest Charge Details

Date Lender Amount Status
24 Jun 2011 Corporation Bank ₹4.00 M Satisfied

How Many Employees Work at Best Insurance Broking Services?

Unlock and access historical data on people associated with Best Insurance Broking Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Best 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 Best 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 Best Insurance Broking Services

Recent activity within the organization

  • Annual General Meeting

    Best Insurance Broking Services Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Charges

    A charge registered on 24 Jun 2011 via Charge ID 10375546 with Corporation Bank was fully satisfied on 20 Jun 2019.

    20 Jun 2019

  • Balance Sheet

    Best Insurance Broking Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Chennai.

    31 Mar 2019

  • Charges

    A charge with Corporation Bank amounted to Rs. 4.00 M with Charge ID 10375546 was registered on 24 Jun 2011.

    24 Jun 2011

  • Director Appointment

    Subramania Radhakrishnan was appointed as a Director was appointed as a Director on 14 Sep 2000 & has been associated with this company since 24 years 4 months .

    14 Sep 2000

  • Director Appointment

    Srinivasan Ramachandran was appointed as a Managing Director was appointed as a Managing Director on 14 Sep 2000 & has been associated with this company since 24 years 4 months .

    14 Sep 2000

Frequently asked questions

  • Best Insurance Broking Services Private Limited was incorporated on 14 Sep 2000.

  • The authorized share capital of Best Insurance Broking Services Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

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

    • Subramania Radhakrishnan
    • Srinivasan Ramachandran
  • As per Ministry of Corporate Affairs (Mca), the registered address of Best Insurance Broking Services Private Limited is No.124 Gandhi Adigal Salai, India, Kumbakonam., Tamil Nadu, 612001.

  • The corporate identification number (CIN) of Best Insurance Broking Services Private Limited is U67200TN2000PTC045728 and the company number is 045728 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2019, the revenue trend for Best Insurance Broking Services Private Limited has fallen by -58.69%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Best Insurance Broking Services Private Limited has experienced an upsurge of 0.19%.

  • The most recent Balance Sheet for Best Insurance Broking Services Private Limited was filed with the ROC on 31 Mar 2019.

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