Centrum Insurance Brokers Limited

Provides insurance brokerage services for life, general, and health insurance.

2016 | Mumbai, Maharashtra (India) | Active
Last Updated: July 18, 2024

Centrum Insurance Brokers Profile

Key Indicators

  • Authorised Capital ₹ 11.55 Cr
  • Paid Up Capital ₹ 10.40 Cr
  • Company Age 8 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -2.55%
  • Profit Growth -79.42%
  • Ebitda -3.90%
  • Net Worth 0.18%
  • Total Assets 6.59%

About Centrum Insurance Brokers

Centrum Insurance Brokers Limited (CIBL) is a Public Limited Indian Non-Government Company incorporated in India on 25 February 2016 (Eight years and 11 months 6 days old ). 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 2023. It's a company limited by shares with an authorized capital of Rs 11.55 Cr and a paid-up capital of Rs 10.40 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Centrum Insurance Brokers Limited India are Stivan Fernandes as CFO and Balakrishna Kumar as Company Secretary. Sriram Venkatasubramanian, Anirudh Jain, and Hemendra Sawant serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U66000MH2016PLC273496

  • Company No.

    273496

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    25 Feb 2016

  • Date of AGM

    13 Jun 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

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

Executive Team (2)

NameDesignationAppointment DateStatus
Stivan Fernandes CFO19-Dec-2022Current
Balakrishna Kumar Country flag representing In Company Secretary27-Jul-2022Current

Board Members (3)

NameDesignationAppointment DateStatus
Sriram Venkatasubramanian Country flag representing In Director 25-Feb-2016Current
Anirudh Jain Country flag representing In Director 25-Feb-2016Current
Hemendra Sawant Country flag representing In Whole-Time Director 21-Aug-2020Current

Financial Performance of Centrum Insurance Brokers.

Centrum Insurance Brokers Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.55% decrease. The company also saw a substantial fall in profitability, with a 79.42% decrease in profit. The company's net worth moved up by a moderate rise of 0.18%.

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
-2.55%
Revenue from Operations
-4.77%
Total Assets
6.59%
Profit or Loss
-79.42%
Net Worth
0.18%
EBITDA
-3.90%

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

In 2023, Centrum Insurance Brokers had a promoter holding of 100.00%. 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 Centrum Insurance Brokers?

Centrum Insurance Brokers has a workforce of 5 employees as of Apr 05, 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 Centrum 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 Centrum 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 Centrum Insurance Brokers

Recent activity within the organization

  • Annual General Meeting

    Centrum Insurance Brokers Limited last Annual general meeting of members was held on 13 Jun 2023 as per latest MCA records.

    13 Jun 2023

  • Balance Sheet

    Centrum Insurance Brokers Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Stivan Fernandes was appointed as a Cfo was appointed as a Cfo on 19 Dec 2022 & has been associated with this company since 2 years 1 month .

    19 Dec 2022

  • Director Appointment

    Balakrishna Kumar was appointed as a Company Secretary was appointed as a Company Secretary on 27 Jul 2022 & has been associated with this company since 2 years 6 months .

    27 Jul 2022

  • Director Appointment

    Hemendra Suryakant Sawant was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 21 Aug 2020 & has been associated with this company since 4 years 5 months .

    21 Aug 2020

  • Director Appointment

    Sriram Venkatasubramanian was appointed as a Director was appointed as a Director on 25 Feb 2016 & has been associated with this company since 8 years 11 months .

    25 Feb 2016

Recent News, Updates & Announcement

Frequently asked questions

  • Centrum Insurance Brokers Limited was incorporated on 25 Feb 2016.

  • The authorized share capital of Centrum Insurance Brokers Limited is ₹ 11.55 Cr and paid-up capital is ₹ 10.40 Cr.

  • Currently 5 directors are associated with Centrum Insurance Brokers Limited.

    • Sriram Venkatasubramanian
    • Anirudh Abhay Kumar Jain
    • Hemendra Suryakant Sawant
    • Stivan Fernandes
    • Balakrishna Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Centrum Insurance Brokers Limited is Unit-801 Centrum House Cst Road Vidyanagari Marg Kalina Santacruz (Eas, T), Mumbai, Maharashtra, India, 400098.

  • The corporate identification number (CIN) of Centrum Insurance Brokers Limited is U66000MH2016PLC273496 and the company number is 273496 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Centrum Insurance Brokers Limited is https://www.centrum.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Centrum Insurance Brokers Limited has fallen by -2.55%.

  • As Per 2023 financial reports, 5 employees are currently employed by Centrum Insurance Brokers Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Centrum Insurance Brokers Limited has experienced an upsurge of 0.18%.

  • The most recent Balance Sheet for Centrum Insurance Brokers Limited was filed with the ROC on 31 Mar 2023.

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