Choice Insurance Broking India Private Limited logo

Choice Insurance Broking India Private Limited

Insurance brokerage company offering various insurance services such as health, motor, and investment plans.
2002 | Mumbai, Maharashtra (India) | Active

Last Updated:

October 24, 2024
HomeCompanyChoice Insurance Broking India Private Limited

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

Board Members(3)

NameDesignationAppointment DateStatus
Suyash Patodia In Director 02-Feb-2022Current
Sumit Bajaj In Director 16-Jun-2022Current
Arun Poddar In Additional Director 13-Oct-2023Current

Financial Performance and Corporate Structure Insights of Choice Insurance Broking India.

Choice Insurance Broking India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 142.06% increase. The company also saw a substantial improvement in profitability, with a 146.32% increase in profit. The company's net worth Soared by an impressive increase of 31.16%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
142.06%
Revenue from Operations
143.67%
Total Assets
45.58%
Profit or Loss
146.32%
Net Worth
31.16%
EBITDA
178.57%

Related Corporates (Common Directorship)

Charges (Loans)

Charges

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

How Many Employees Work at Choice Insurance Broking India?

Choice Insurance Broking India has a workforce of 66 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.

Employee Graph

Deals i

Rating

Alerts

Latest Updates, News, and FAQs on Choice Insurance Broking India

Recent activity within the organization

  • Annual General Meeting

    Choice Insurance Broking India Private Limited last Annual general meeting of members was held on 20 Sep 2024 as per latest MCA records.

    20 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Director Appointment

    Arun Kumar Poddar was appointed as a Additional Director was appointed as a Additional Director on 13 Oct 2023 & has been associated with this company since 1 year 2 months .

    13 Oct 2023

  • Director Appointment

    Sumit Ramesh Bajaj was appointed as a Director was appointed as a Director on 16 Jun 2022 & has been associated with this company since 2 years 6 months .

    16 Jun 2022

  • Director Appointment

    Suyash Sunil Patodia was appointed as a Director was appointed as a Director on 02 Feb 2022 & has been associated with this company since 2 years 10 months .

    02 Feb 2022

  • Company Incorporation

    Choice Insurance Broking India Private Limited was registered on 27 Sep 2002 with Roc Mumbai & aged 22 years 2 months as per MCA records.

    27 Sep 2002

Recent News, Updates & Announcement

Frequently asked questions

  • Choice Insurance Broking India Private Limited was incorporated on 27 Sep 2002.

  • The authorized share capital of Choice Insurance Broking India Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.32 Cr.

  • Currently 3 directors are associated with Choice Insurance Broking India Private Limited.

    • Arun Kumar Poddar
    • Sumit Ramesh Bajaj
    • Suyash Sunil Patodia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Choice Insurance Broking India Private Limited is Sunil Patodia Tower Plot No. 156-158 J.B. Nagar, Andheri (East) India, Mumbai, Maharashtra, 400099.

  • The corporate identification number (CIN) of Choice Insurance Broking India Private Limited is U67200MH2002PTC137373 and the company number is 137373 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Choice Insurance Broking India Private Limited is https://www.choiceindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Choice Insurance Broking India Private Limited has risen by 142.06%.

  • As Per 2023 financial reports, 66 employees are currently employed by Choice Insurance Broking India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Choice Insurance Broking India Private Limited has experienced an upsurge of 31.16%.

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

Similar Companies Based on Insurance Brokerage & Advisory