Chola Insurance Distribution Services Private Limited logo

Chola Insurance Distribution Services Private Limited

Insurance distributor with 432 outlets, 700 employees, and 40,000 partners.
1984 | Chennai, Tamil Nadu (India) | Active

Last Updated:

October 24, 2024
HomeCompanyChola Insurance Distribution Services Private Limited

Who are the key members and board of directors at Chola Insurance Distribution Services?

Board Members(2)

NameDesignationAppointment DateStatus
Mottaiyathevar Basu In Director 28-Dec-2018Current
Mani Senthilraja In Director 12-Jul-2023Current

Financial Performance of Chola Insurance Distribution Services.

Chola Insurance Distribution Services Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.8% increase. The company also saw a substantial fall in profitability, with a 89.87% decrease in profit. The company's net worth moved up by a moderate rise of 5.17%.

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
0.80%
Revenue from Operations
2.94%
Total Assets
-16.29%
Profit or Loss
-89.87%
Net Worth
5.17%
EBITDA
-10.46%

Charges (Loans)

Charges

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

How Many Employees Work at Chola Insurance Distribution Services?

Chola Insurance Distribution Services has a workforce of 652 employees as of Apr 09, 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

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Rating

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Latest Updates, News, and FAQs on Chola Insurance Distribution Services

Recent activity within the organization

  • Annual General Meeting

    Chola Insurance Distribution Services Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Director Appointment

    Mani Senthilraja was appointed as a Director was appointed as a Director on 12 Jul 2023 & has been associated with this company since 1 year 5 months .

    12 Jul 2023

  • Balance Sheet

    Chola Insurance Distribution Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Mottaiyathevar Jothi Basu was appointed as a Director was appointed as a Director on 28 Dec 2018 & has been associated with this company since 6 years 6 days .

    28 Dec 2018

  • Company Incorporation

    Chola Insurance Distribution Services Private Limited was registered on 19 Jul 1984 with Roc Chennai & aged 40 years 5 months as per MCA records.

    19 Jul 1984

Frequently asked questions

  • Chola Insurance Distribution Services Private Limited was incorporated on 19 Jul 1984.

  • The authorized share capital of Chola Insurance Distribution Services Private Limited is ₹ 2.00 M and paid-up capital is ₹ 1.01 M.

  • Currently 2 directors are associated with Chola Insurance Distribution Services Private Limited.

    • Mottaiyathevar Jothi Basu
    • Mani Senthilraja
  • As per Ministry of Corporate Affairs (Mca), the registered address of Chola Insurance Distribution Services Private Limited is No. 45 Jbas Building Second Floor Moore Street, Line Beach India, Chennai, Tamil Nadu, 600001.

  • The corporate identification number (CIN) of Chola Insurance Distribution Services Private Limited is U65991TN1984PTC028127 and the company number is 028127 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Chola Insurance Distribution Services Private Limited is https://www.cidspl.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Chola Insurance Distribution Services Private Limited has risen by 0.80%.

  • As Per 2023 financial reports, 652 employees are currently employed by Chola Insurance Distribution Services Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Chola Insurance Distribution Services Private Limited has experienced an upsurge of 5.17%.

  • The most recent Balance Sheet for Chola Insurance Distribution Services Private Limited was filed with the ROC on 31 Mar 2023.