Coverfox Insurance Broking Profile
Key Indicators
- Authorised Capital ₹ 1.15 Cr
- Paid Up Capital ₹ 9.80 M
- Company Age 11 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth -24.83%
- Profit Growth 61.19%
- Ebitda 60.13%
- Net Worth 302.34%
- Total Assets -8.77%
About Coverfox Insurance Broking
Coverfox Insurance Broking Private Limited (CIBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 May 2013 and has a history of 11 years and ten months. Its registered office is in Mumbai, Maharashtra, India.
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 2024. It's a company limited by shares with an authorized capital of Rs 1.15 Cr and a paid-up capital of Rs 9.80 M, as per Ministry of Corporate Affairs (MCA) records.
Sanjib Jha and Anurag Mehrotra serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U66000MH2013PTC243810
- Company No.
243810
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 May 2013
- Date of AGM
26 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
Coverfox Insurance Broking Private Limited
Explore comprehensive data for Coverfox Insurance Broking Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Coverfox Insurance Broking?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sanjib Jha  | Director | 21-Feb-2020 | Current |
| Anurag Mehrotra | Director | 14-Jun-2013 | Current |
Financial Performance of Coverfox Insurance Broking.
Coverfox Insurance Broking Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 24.83% decrease. The company also saw a substantial improvement in profitability, with a 61.19% increase in profit. The company's net worth Soared by an impressive increase of 302.34%.
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What is the Ownership and Shareholding Structure of Coverfox Insurance Broking?
Unlock access to Coverfox Insurance Broking's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
Related Corporates (Common Directorship)
Coverstack Technologies Private LimitedSanjib Jha is a mutual person
Charcoaleats Foodtech Private LimitedAnurag Mehrotra is a mutual person
Alien Travels Private LimitedAnurag Mehrotra is a mutual person
Gbic Management LlpSanjib Jha is a mutual person
- Evam Finance Private Limited
Sanjib Jha is a mutual person
- Blueboard Management Services Private Limited
Sanjib Jha is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Coverfox Insurance Broking?
Coverfox Insurance Broking has a workforce of 46 employees as of Mar 21, 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 Coverfox Insurance Broking, 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 Coverfox Insurance Broking'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 Coverfox Insurance Broking
Recent activity within the organization
- Annual General Meeting
Coverfox Insurance Broking Private Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.
- Balance Sheet
Coverfox Insurance Broking Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Sanjib Jha was appointed as a Director was appointed as a Director on 21 Feb 2020 & has been associated with this company since 5 years 2 months .
- Director Appointment
Anurag Mehrotra was appointed as a Director was appointed as a Director on 14 Jun 2013 & has been associated with this company since 11 years 10 months .
- Company Incorporation
Coverfox Insurance Broking Private Limited was registered on 30 May 2013 with Roc Mumbai & aged 11 years 10 months as per MCA records.
Recent News, Updates & Announcement
Mathieu Peyron Takes the Lead as New Director for Le courtier + Simple in France: A Strategic Move for Acquisitions and Consolidation.When your company is on a roll with acquisitions and you need a boss to lead the way, you call in Mathieu Peyron. Le courtier + Simple knows what's up and just announced him as their new director for France. #BossMoves #ConsolidationGameStrong.
- Paytm in talks to acquire insurance marketplace company Coverfox.
Coverfox offers both life and non-life insurance policies. It has 50,000 agents and offers products from 45 insurance companies..
- Coverfox’s parent company, Glitterbug, is out to raise $50 million in new round.
The company is in talks with investors; Series D equity-financing round could stretch to $60 million..
Frequently asked questions
What is the Incorporation or founding date of Coverfox Insurance Broking Private Limited?
Coverfox Insurance Broking Private Limited was incorporated on 30 May 2013.
What is authorized share capital and paid-up capital of Coverfox Insurance Broking Private Limited?
The authorized share capital of Coverfox Insurance Broking Private Limited is ₹ 1.15 Cr and paid-up capital is ₹ 9.80 M.
Who are the current board members & directors of Coverfox Insurance Broking Private Limited?
Currently 2 directors are associated with Coverfox Insurance Broking Private Limited.
- Sanjib Jha
- Anurag Mehrotra
What is the registered address of Coverfox Insurance Broking Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Coverfox Insurance Broking Private Limited is C Wing 6111-6118 6Th Floor Oberoi Garden Estate Chandivali Farm Road Chandivali, Andher I (East) India, Mumbai, Maharashtra, 400072.
What is the corporate identification number (CIN) and company number of Coverfox Insurance Broking Private Limited?
The corporate identification number (CIN) of Coverfox Insurance Broking Private Limited is U66000MH2013PTC243810 and the company number is 243810 as per Ministry of Corporate Affairs (MCA).
What is the official website of Coverfox Insurance Broking Private Limited?
The Official website of Coverfox Insurance Broking Private Limited is https://www.coverfox.com
What has been the recent revenue trend for Coverfox Insurance Broking Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Coverfox Insurance Broking Private Limited has fallen by -24.83%.
How many employees does Coverfox Insurance Broking Private Limited currently have?
As Per 2022 financial reports, 46 employees are currently employed by Coverfox Insurance Broking Private Limited.
What change has been observed in the net worth of Coverfox Insurance Broking Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Coverfox Insurance Broking Private Limited has experienced an upsurge of 302.34%.
When was the last Balance Sheet of Coverfox Insurance Broking Private Limited filed with the ROC?
The most recent Balance Sheet for Coverfox Insurance Broking Private Limited was filed with the ROC on 31 Mar 2024.
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