Covermitra Insurance Broking Profile
Key Indicators
- Authorised Capital ₹ 8.00 M
- Paid Up Capital ₹ 7.50 M
- Company Age 8 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 7.00 M
- Revenue Growth 57.71%
- Profit Growth 116.28%
- Ebitda 117.12%
- Net Worth 6.38%
- Total Assets 12.50%
About Covermitra Insurance Broking
Covermitra Insurance Broking Private Limited (CIBPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 10 October 2016 (Eight years and five months 0 days old ). Its registered office is in Navi Mumbai, Maharashtra.
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 8.00 M and a paid-up capital of Rs 7.50 M.
The company currently has active open charges totaling ₹7.00 M.
The Key Managerial Personnel (KMP) at Covermitra Insurance Broking Private Limited India is Shantilall Kumawat as CEO. Chainaram Parmar, Vijay Pawar, Pooja Jain, and One other member serve as directors at the Company.
Company Details
- Location Navi Mumbai, Maharashtra
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U66020MH2016PTC286672
- Company No.
286672
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
10 Oct 2016
- Date of AGM
31 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
What products or services does Covermitra Insurance Broking Private Limited offer?
Covermitra Insurance Broking Private Limited offers a wide range of products and services, including Insurance Agents and Services, Insurance Service, Automotive Insurance, Property Insurance.
Who are the key members and board of directors at Covermitra Insurance Broking?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shantilall Kumawat  | CEO | 10-Oct-2016 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Chainaram Parmar | Director | 10-Oct-2016 | Current |
| Vijay Pawar | Director | 10-Oct-2016 | Current |
| Pooja Jain | Director | 29-Sep-2017 | Current |
Financial Performance of Covermitra Insurance Broking.
Covermitra Insurance Broking Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 57.71% increase. The company also saw a substantial improvement in profitability, with a 116.28% increase in profit. The company's net worth moved up by a moderate rise of 6.38%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Covermitra Insurance Broking?
In 2023, Covermitra Insurance Broking 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)
Hursiinii Receptors Private LimitedChainaram Parmar is a mutual person
- Pratul Exim Private Limited
Chainaram Parmar is a mutual person
- Futureforce Training Academy Llp
Vijay Pawar is a mutual person
- Nivisha Consultancy Private Limited
Vijay Pawar is a mutual person
Charges (Loans)
Open Charges
₹7.00 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 0.70 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Oct 2024 | Others | ₹7.00 M | Open |
How Many Employees Work at Covermitra Insurance Broking?
Unlock and access historical data on people associated with Covermitra Insurance Broking, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Covermitra 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 Covermitra 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 Covermitra Insurance Broking
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 7.00 M with Charge ID 101025884 was registered on 27 Oct 2024.
- Annual General Meeting
Covermitra Insurance Broking Private Limited last Annual general meeting of members was held on 31 Aug 2023 as per latest MCA records.
- Balance Sheet
Covermitra Insurance Broking Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Director Appointment
Pooja Jain was appointed as a Director was appointed as a Director on 29 Sep 2017 & has been associated with this company since 7 years 5 months .
- Director Appointment
Shantilall Bheraram Kumawat was appointed as a Ceo was appointed as a Ceo on 10 Oct 2016 & has been associated with this company since 8 years 5 months .
- Director Appointment
Chainaram Virdharamji Parmar was appointed as a Director was appointed as a Director on 10 Oct 2016 & has been associated with this company since 8 years 5 months .
Frequently asked questions
What is the Incorporation or founding date of Covermitra Insurance Broking Private Limited?
Covermitra Insurance Broking Private Limited was incorporated on 10 Oct 2016.
What is authorized share capital and paid-up capital of Covermitra Insurance Broking Private Limited?
The authorized share capital of Covermitra Insurance Broking Private Limited is ₹ 8.00 M and paid-up capital is ₹ 7.50 M.
Who are the current board members & directors of Covermitra Insurance Broking Private Limited?
Currently 5 directors are associated with Covermitra Insurance Broking Private Limited.
- Shantilall Bheraram Kumawat
- Chainaram Virdharamji Parmar
- Vijay Ramchandra Pawar
- Pooja Jain
- Shantilall Bheraram Kumawat
What is the registered address of Covermitra Insurance Broking Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Covermitra Insurance Broking Private Limited is 1505 15Th Floor Plot No 4 6 Cyber One Greenscape Vashi Sector 30 A, Navi Mumb Ai Mumbai India, Navi Mumbai, Maharashtra, 400705.
What is the corporate identification number (CIN) and company number of Covermitra Insurance Broking Private Limited?
The corporate identification number (CIN) of Covermitra Insurance Broking Private Limited is U66020MH2016PTC286672 and the company number is 286672 as per Ministry of Corporate Affairs (MCA).
What is the official website of Covermitra Insurance Broking Private Limited?
The Official website of Covermitra Insurance Broking Private Limited is https://www.covermitra.com
What has been the recent revenue trend for Covermitra Insurance Broking Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Covermitra Insurance Broking Private Limited has risen by 57.71%.
What change has been observed in the net worth of Covermitra Insurance Broking Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Covermitra Insurance Broking Private Limited has experienced an upsurge of 6.38%.
What are the total open charges for Covermitra Insurance Broking Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Covermitra Insurance Broking Private Limited amount to ₹ 7.00 M.
When was the last Balance Sheet of Covermitra Insurance Broking Private Limited filed with the ROC?
The most recent Balance Sheet for Covermitra Insurance Broking Private Limited was filed with the ROC on 31 Mar 2023.