Chola Insurance Distribution Services Profile
Key Indicators
- Authorised Capital ₹ 2.00 M
- Paid Up Capital ₹ 1.01 M
- Company Age 40 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Revenue Growth 0.80%
- Profit Growth -89.87%
- Ebitda -10.46%
- Net Worth 5.17%
- Total Assets -16.29%
About Chola Insurance Distribution Services
Chola Insurance Distribution Services Private Limited (CIDSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 July 1984 and has a history of 40 years and nine months. Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Chola 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 2023. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 1.01 M, as per Ministry of Corporate Affairs (MCA) records.
Mottaiyathevar Basu and Mani Senthilraja serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65991TN1984PTC028127
- Company No.
028127
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Jul 1984
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Financial Services
What products or services does Chola Insurance Distribution Services Private Limited offer?
Chola Insurance Distribution Services Private Limited offers a wide range of products and services, including Insurance Agents and Services, Property Insurance, Insurance Service, Car Insurance Services, Health Insurance, Life Insurance, Child Insurance Plan, Travel Insurance.
Chola Insurance Distribution Services Private Limited
Explore comprehensive data for Chola Insurance Distribution Services Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Chola Insurance Distribution Services?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mottaiyathevar Basu  | Director | 28-Dec-2018 | Current |
| Mani Senthilraja | Director | 12-Jul-2023 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Chola Insurance Distribution Services?
In 2023, Chola Insurance Distribution Services had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Chola Insurance Distribution 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 Chola Insurance Distribution Services'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 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.
- 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 9 months .
- Balance Sheet
Chola Insurance Distribution Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
- 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 4 months .
- Company Incorporation
Chola Insurance Distribution Services Private Limited was registered on 19 Jul 1984 with Roc Chennai & aged 40 years 9 months as per MCA records.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Chola Insurance Distribution Services Private Limited?
Chola Insurance Distribution Services Private Limited was incorporated on 19 Jul 1984.
What is authorized share capital and paid-up capital of Chola Insurance Distribution Services Private Limited?
The authorized share capital of Chola Insurance Distribution Services Private Limited is ₹ 2.00 M and paid-up capital is ₹ 1.01 M.
Who are the current board members & directors of Chola Insurance Distribution Services Private Limited?
Currently 2 directors are associated with Chola Insurance Distribution Services Private Limited.
- Mottaiyathevar Jothi Basu
- Mani Senthilraja
What is the registered address of Chola Insurance Distribution Services Private Limited?
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.
What is the corporate identification number (CIN) and company number of Chola Insurance Distribution Services Private Limited?
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).
What is the official website of Chola Insurance Distribution Services Private Limited?
The Official website of Chola Insurance Distribution Services Private Limited is https://www.cidspl.com
What has been the recent revenue trend for Chola Insurance Distribution Services Private Limited?
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%.
How many employees does Chola Insurance Distribution Services Private Limited currently have?
As Per 2023 financial reports, 652 employees are currently employed by Chola Insurance Distribution Services Private Limited.
What change has been observed in the net worth of Chola Insurance Distribution Services Private Limited, and by what percentage?
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%.
When was the last Balance Sheet of Chola Insurance Distribution Services Private Limited filed with the ROC?
The most recent Balance Sheet for Chola Insurance Distribution Services Private Limited was filed with the ROC on 31 Mar 2023.
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