Choice Insurance Broking India Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.32 Cr
- Company Age 22 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth 142.06%
- Profit Growth 146.32%
- Ebitda 178.57%
- Net Worth 31.16%
- Total Assets 45.58%
About Choice Insurance Broking India
Choice Insurance Broking India Private Limited (CIBIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 September 2002 and has a history of 22 years and seven months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Satyan Insurance Services 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 1.50 Cr and a paid-up capital of Rs 1.32 Cr, as per Ministry of Corporate Affairs (MCA) records.
Arun Poddar, Sumit Bajaj, and Suyash Patodia serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U67200MH2002PTC137373
- Company No.
137373
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
27 Sep 2002
- Date of AGM
20 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
Choice Insurance Broking India Private Limited
Explore comprehensive data for Choice Insurance Broking India Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Choice Insurance Broking India?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Suyash Patodia  | Director | 02-Feb-2022 | Current |
| Sumit Bajaj | Director | 16-Jun-2022 | Current |
| Arun Poddar | Additional Director | 13-Oct-2023 | Current |
Financial Performance 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%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Choice Insurance Broking India?
In 2023, Choice Insurance Broking India had a promoter holding of 50.00% and a public holding of 50.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Shreeyam Trade Dynamics Private LimitedArun Poddar is a mutual person
Choice Tech Lab Solutions Private LimitedArun Poddar is a mutual person
Choice Consultancy Services Private LimitedArun Poddar is a mutual person
Hotel Relax Pvt LtdSuyash Patodia is a mutual person
- Choice International Limited
Arun Poddar and Suyash Patodia are mutual person
- Choice Capital Advisors Private Limited
Arun Poddar and Suyash Patodia are mutual person
Charges (Loans)
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Choice Insurance Broking India, 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 Choice Insurance Broking India'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 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.
- Balance Sheet
Choice Insurance Broking India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- 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 6 months .
- 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 10 months .
- 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 3 years 3 months .
- Company Incorporation
Choice Insurance Broking India Private Limited was registered on 27 Sep 2002 with Roc Mumbai & aged 22 years 7 months as per MCA records.
Recent News, Updates & Announcement
- Choice International signs with ClearBank.
Choice International, which provides specialised physical cash and payment card funds clearing, foreign exchange services and payment solutions to regulated non-banking financial institutions globally (NBFI’s), announces a strategic partnership with ClearBank..
Frequently asked questions
What is the Incorporation or founding date of Choice Insurance Broking India Private Limited?
Choice Insurance Broking India Private Limited was incorporated on 27 Sep 2002.
What is authorized share capital and paid-up capital of Choice Insurance Broking India Private Limited?
The authorized share capital of Choice Insurance Broking India Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.32 Cr.
Who are the current board members & directors of Choice Insurance Broking India Private Limited?
Currently 3 directors are associated with Choice Insurance Broking India Private Limited.
- Arun Kumar Poddar
- Sumit Ramesh Bajaj
- Suyash Sunil Patodia
What is the registered address of Choice Insurance Broking India Private Limited?
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.
What is the corporate identification number (CIN) and company number of Choice Insurance Broking India Private Limited?
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).
What is the official website of Choice Insurance Broking India Private Limited?
The Official website of Choice Insurance Broking India Private Limited is https://www.choiceindia.com
What has been the recent revenue trend for Choice Insurance Broking India Private Limited?
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%.
How many employees does Choice Insurance Broking India Private Limited currently have?
As Per 2023 financial reports, 66 employees are currently employed by Choice Insurance Broking India Private Limited.
What change has been observed in the net worth of Choice Insurance Broking India Private Limited, and by what percentage?
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%.
When was the last Balance Sheet of Choice Insurance Broking India Private Limited filed with the ROC?
The most recent Balance Sheet for Choice Insurance Broking India Private Limited was filed with the ROC on 31 Mar 2024.
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