Covenant Insurance Surveyors And Loss Assessors Private Limited

Provides insurance claims and surveys, engineering, marine, cargo, and fire services.

2010 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 14, 2024

Covenant Insurance Surveyors And Loss Assessors Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.60 M
  • Company Age 14 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.00 M
  • Satisfied Charges ₹ 3.00 M
  • Revenue Growth -11.50%
  • Profit Growth 113.18%
  • Ebitda 62.96%
  • Net Worth 1.78%
  • Total Assets 23.92%

About Covenant Insurance Surveyors And Loss Assessors

Covenant Insurance Surveyors And Loss Assessors Private Limited (CISALAPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 April 2010 and has a history of 14 years and ten months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Covenant Assessors 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 1.60 M.

The company currently has active open charges totaling ₹4.00 M. The company has closed loans amounting to ₹3.00 M, as per Ministry of Corporate Affairs (MCA) records.

Jude Jayasingh and Narasimhan Ramanathan serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74900TN2010PTC075229

  • Company No.

    075229

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Apr 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

What products or services does Covenant Insurance Surveyors And Loss Assessors Private Limited offer?

Covenant Insurance Surveyors And Loss Assessors Private Limited offers a wide range of products and services, including Database Management, Data Digitization, Insurance Service, Insurance Claim Service.

Who are the key members and board of directors at Covenant Insurance Surveyors And Loss Assessors?

Executive Team (1)

Name Designation Appointment Date Status
Jude Jayasingh Country flag representing In Managing Director 01-Apr-2010 Current

Board Members (1)

Name Designation Appointment Date Status
Narasimhan Ramanathan Country flag representing In Director 11-Mar-2011 Current

Financial Performance of Covenant Insurance Surveyors And Loss Assessors.

Covenant Insurance Surveyors And Loss Assessors Private Limited, for the financial year ended 2016, experienced significant reduction in revenue, with a 11.5% decrease. The company also saw a substantial improvement in profitability, with a 113.18% increase in profit. The company's net worth moved up by a moderate rise of 1.78%.

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
-11.50%
Revenue from Operations
-10.06%
Total Assets
23.92%
Profit or Loss
113.18%
Net Worth
1.78%
EBITDA
62.96%

What is the Ownership and Shareholding Structure of Covenant Insurance Surveyors And Loss Assessors?

In 2017, Covenant Insurance Surveyors And Loss Assessors 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

₹4.00 M

Satisfied Charges

₹3.00 M

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 0.40 Cr

Latest Charge Details

Date Lender Amount Status
29 May 2014 Indian Overseas Bank ₹4.00 M Open
20 Jun 2012 Indian Overseas Bank ₹3.00 M Satisfied

How Many Employees Work at Covenant Insurance Surveyors And Loss Assessors?

Covenant Insurance Surveyors And Loss Assessors has a workforce of 1 employees as of Apr 03, 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

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Covenant Insurance Surveyors And Loss Assessors, 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 Covenant Insurance Surveyors And Loss Assessors'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 Covenant Insurance Surveyors And Loss Assessors

Recent activity within the organization

  • Annual General Meeting

    Covenant Insurance Surveyors And Loss Assessors Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Covenant Insurance Surveyors And Loss Assessors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge registered on 20 Jun 2012 via Charge ID 10366194 with Indian Overseas Bank was fully satisfied on 01 Aug 2014.

    01 Aug 2014

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 4.00 M with Charge ID 10504952 was registered on 29 May 2014.

    29 May 2014

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 3.00 M with Charge ID 10366194 was registered on 20 Jun 2012.

    20 Jun 2012

  • Director Appointment

    Narasimhan Ramanathan was appointed as a Director was appointed as a Director on 11 Mar 2011 & has been associated with this company since 13 years 10 months .

    11 Mar 2011

Frequently asked questions

  • Covenant Insurance Surveyors And Loss Assessors Private Limited was incorporated on 01 Apr 2010.

  • The authorized share capital of Covenant Insurance Surveyors And Loss Assessors Private Limited is ₹ 2.00 M and paid-up capital is ₹ 1.60 M.

  • Currently 2 directors are associated with Covenant Insurance Surveyors And Loss Assessors Private Limited.

    • Jude Jayasingh
    • Narasimhan Ramanathan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Covenant Insurance Surveyors And Loss Assessors Private Limited is No.41 P No 969 Dr Lakshmanaswamy Road K K Nagar, India, Chennai, Tamil Nadu, 600078.

  • The corporate identification number (CIN) of Covenant Insurance Surveyors And Loss Assessors Private Limited is U74900TN2010PTC075229 and the company number is 075229 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Covenant Insurance Surveyors And Loss Assessors Private Limited is https://www.covenantassessors.com

  • According to the financial reports for the fiscal year 2016, the revenue trend for Covenant Insurance Surveyors And Loss Assessors Private Limited has fallen by -11.50%.

  • As Per 2016 financial reports, 1 employees are currently employed by Covenant Insurance Surveyors And Loss Assessors Private Limited.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Covenant Insurance Surveyors And Loss Assessors Private Limited has experienced an upsurge of 1.78%.

  • As per the financial statements for fiscal Year 2016, The total open charges for Covenant Insurance Surveyors And Loss Assessors Private Limited amount to ₹ 4.00 M.

  • The most recent Balance Sheet for Covenant Insurance Surveyors And Loss Assessors Private Limited was filed with the ROC on 31 Mar 2023.

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