Clarion Insurance Broking Services Private Limited

Provides direct insurance brokerage services for general and life insurance on behalf of clients.

2018 | Ahmedabad, Gujarat (India) | Active
Last Updated: July 03, 2024

Who are the key members and board of directors at Clarion Insurance Broking Services?

Board Members (4)

NameDesignationAppointment DateStatus
Mahir Shah Country flag representing In Director 06-Jun-2018Current
Chintan Shah Country flag representing In Director 01-Apr-2021Current
Shalvi Munshaw Country flag representing In Director 06-Jun-2018Current
Maharshee Munshaw Country flag representing In Director 01-Apr-2021Current

Financial Performance of Clarion Insurance Broking Services.

Clarion Insurance Broking Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 32.6% increase. The company also saw a substantial improvement in profitability, with a 230.92% increase in profit. The company's net worth Soared by an impressive increase of 17.6%.

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
32.60%
Revenue from Operations
31.69%
Total Assets
11.78%
Profit or Loss
230.92%
Net Worth
17.60%
EBITDA
73.16%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹4.75 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 0.48 Cr

Latest Charge Details

DateLenderAmountStatus
30 Nov 2021Axis Bank Limited₹4.75 MOpen

How Many Employees Work at Clarion Insurance Broking Services?

Clarion Insurance Broking Services has a workforce of 32 employees as of Apr 07, 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

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Latest Updates, News, and FAQs on Clarion Insurance Broking Services

Recent activity within the organization

  • Annual General Meeting

    Clarion Insurance Broking Services Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Clarion Insurance Broking Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 4.75 M with Charge ID 100524893 was registered on 30 Nov 2021.

    30 Nov 2021

  • Director Appointment

    Maharshee Madhukarbhai Munshaw was appointed as a Director was appointed as a Director on 01 Apr 2021 & has been associated with this company since 3 years 9 months .

    01 Apr 2021

  • Director Appointment

    Chintan Suketu Shah was appointed as a Director was appointed as a Director on 01 Apr 2021 & has been associated with this company since 3 years 9 months .

    01 Apr 2021

  • Director Appointment

    Mahir Chintan Shah was appointed as a Director was appointed as a Director on 06 Jun 2018 & has been associated with this company since 6 years 7 months .

    06 Jun 2018

Frequently asked questions

  • Clarion Insurance Broking Services Private Limited was incorporated on 06 Jun 2018.

  • The authorized share capital of Clarion Insurance Broking Services Private Limited is ₹ 8.00 M and paid-up capital is ₹ 7.50 M.

  • Currently 4 directors are associated with Clarion Insurance Broking Services Private Limited.

    • Shalvi Maharshee Munshaw
    • Mahir Chintan Shah
    • Maharshee Madhukarbhai Munshaw
    • Chintan Suketu Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Clarion Insurance Broking Services Private Limited is 9 Thf-905 Colonnade-Ii B/H Rajpathclub Nr Maruticeledron Off, S.G Road Bodakd Ev India, Ahmedabad, Gujarat, 380054.

  • The corporate identification number (CIN) of Clarion Insurance Broking Services Private Limited is U74999GJ2018PTC102707 and the company number is 102707 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Clarion Insurance Broking Services Private Limited is https://www.veritasins.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Clarion Insurance Broking Services Private Limited has risen by 32.60%.

  • As Per 2023 financial reports, 32 employees are currently employed by Clarion Insurance Broking Services Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Clarion Insurance Broking Services Private Limited has experienced an upsurge of 17.60%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Clarion Insurance Broking Services Private Limited amount to ₹ 4.75 M.

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