Coastal Insurance Brokers Profile
Key Indicators
- Authorised Capital ₹ 2.52 Cr
- Paid Up Capital ₹ 2.52 Cr
- Company Age 23 Year, 8 Months
- 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 23 years and eight months. 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
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Location
Hyderabad, Telangana, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U65999TG2001PTC036669
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Company No.
036669
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
04 May 2001
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Hyderabad
Industry
Who are the key members and board of directors at Coastal Insurance Brokers?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Guru Kodali
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Whole-Time Director | 20-Aug-2014 | Current |
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Amit Agarwal
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Director | 08-Apr-2021 | Current |
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Sitamahalakshmi Kodali
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Director | 04-May-2001 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Amit Agarwal is a mutual person
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Anuj Realtors Private Limited
Amit Agarwal is a mutual person
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Buddhi Distributors Private Limited
Amit Agarwal is a mutual person
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Matarani Distributors Private Limited
Amit Agarwal is a mutual person
Charges (Loans)
₹0.46 Cr
₹0
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 0.46 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Feb 2023 | Hdfc Bank Limited | ₹2.85 M | Open |
| 31 May 2022 | Hdfc Bank Limited | ₹1.70 M | Open |
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.
Deals i
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
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.
