Coastal Insurance Brokers Private Limited

Provides various insurance services to corporate and retail clients since 2001.

2001 | Hyderabad, Telangana (India) | Active
Last Updated:

Coastal Insurance Brokers Profile

Key Indicators

  • Authorised Capital ₹ 2.52 Cr
  • Paid Up Capital ₹ 2.52 Cr
  • Company Age 24 Year, 10 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.55 M
  • Revenue Growth 35.91%
  • Profit Growth -99.01%
  • Ebitda -67.21%
  • Net Worth 0.12%
  • Total Assets 13.79%

About Coastal Insurance Brokers

Coastal Insurance Brokers Private Limited (CIBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 May 2001 and has a history of 24 years. Its registered office is in Hyderabad, Telangana, India.

The Corporate was formerly known as Coastal Insurisks Management 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 2.52 Cr and a paid-up capital of Rs 2.52 Cr.

The company currently has active open charges totaling ₹4.55 M.

Amit Agarwal, Sitamahalakshmi Kodali, and Guru Kodali serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65999TG2001PTC036669

  • Company No.

    036669

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 May 2001

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Financial Services
Company report

Coastal Insurance Brokers Private Limited

Explore comprehensive data for Coastal Insurance Brokers Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Coastal Insurance Brokers?

Board Members (3)

NameDesignationAppointment DateStatus
Guru Kodali Country flag representing In Whole-Time Director 20-Aug-2014Current
Amit Agarwal Country flag representing In Director 08-Apr-2021Current
Sitamahalakshmi Kodali Country flag representing In Director 04-May-2001Current

Financial Performance of Coastal Insurance Brokers.

Coastal Insurance Brokers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 35.91% increase. The company also saw a substantial fall in profitability, with a 99.01% decrease in profit. The company's net worth moved up by a moderate rise of 0.12%.

Coastal Insurance Brokers revenue growth over time
Coastal Insurance Brokers 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
35.91%
Revenue from Operations
33.71%
Total Assets
13.79%
Profit or Loss
-99.01%
Net Worth
0.12%
EBITDA
-67.21%

What is the Ownership and Shareholding Structure of Coastal Insurance Brokers?

In 2023, Coastal Insurance Brokers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.46 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.46 Cr

Latest Charge Details

DateLenderAmountStatus
14 Feb 2023Hdfc Bank Limited₹2.85 MOpen
31 May 2022Hdfc Bank Limited₹1.70 MOpen

How Many Employees Work at Coastal Insurance Brokers?

Coastal Insurance Brokers has a workforce of 21 employees as of Apr 02, 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 growth trends for Coastal Insurance Brokers Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Coastal Insurance Brokers, 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 Coastal Insurance Brokers's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Coastal Insurance Brokers

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Coastal Insurance Brokers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.29 Cr with Charge ID 100708422 was registered on 14 Feb 2023.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.17 Cr with Charge ID 100585266 was registered on 31 May 2022.

  • Director Appointment

    Amit Agarwal was appointed as a Director was appointed as a Director on 08 Apr 2021 & has been associated with this company since 4 years 1 month .

  • Director Appointment

    Guru Charan Kodali was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 20 Aug 2014 & has been associated with this company since 10 years 8 months .

Frequently asked questions

  • What is the Incorporation or founding date of Coastal Insurance Brokers Private Limited?

    Coastal Insurance Brokers Private Limited was incorporated on 04 May 2001.

  • What is authorized share capital and paid-up capital of Coastal Insurance Brokers Private Limited?

    The authorized share capital of Coastal Insurance Brokers Private Limited is ₹ 2.52 Cr and paid-up capital is ₹ 2.52 Cr.

  • Who are the current board members & directors of Coastal Insurance Brokers Private Limited?

    Currently 3 directors are associated with Coastal Insurance Brokers Private Limited.

    • Amit Agarwal
    • Sitamahalakshmi Kodali
    • Guru Charan Kodali

  • What is the registered address of Coastal Insurance Brokers Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Coastal Insurance Brokers Private Limited is D.No.23-J-4 (No-4) Jalavayu Vihar Kukatpally, India, Hyderabad, Telangana, 500072.

  • What is the corporate identification number (CIN) and company number of Coastal Insurance Brokers Private Limited?

    The corporate identification number (CIN) of Coastal Insurance Brokers Private Limited is U65999TG2001PTC036669 and the company number is 036669 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Coastal Insurance Brokers Private Limited?

    The Official website of Coastal Insurance Brokers Private Limited is https://www.cibpl.org

  • What has been the recent revenue trend for Coastal Insurance Brokers Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Coastal Insurance Brokers Private Limited has risen by 35.91%.

  • How many employees does Coastal Insurance Brokers Private Limited currently have?

    As Per 2023 financial reports, 21 employees are currently employed by Coastal Insurance Brokers Private Limited.

  • What change has been observed in the net worth of Coastal Insurance Brokers Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Coastal Insurance Brokers Private Limited has experienced an upsurge of 0.12%.

  • What are the total open charges for Coastal Insurance Brokers Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Coastal Insurance Brokers Private Limited amount to ₹ 4.55 M.

  • When was the last Balance Sheet of Coastal Insurance Brokers Private Limited filed with the ROC?

    The most recent Balance Sheet for Coastal Insurance Brokers Private Limited was filed with the ROC on 31 Mar 2023.

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