Nihs Insurance Brokers Limited

Founded in 1988 and headquartered in Maharashtra, India.

1988 | Mumbai, Maharashtra (India) | Active
Last Updated: January 21, 2025

Nihs Insurance Brokers Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.10 M
  • Company Age 36 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 1395.05%
  • Profit Growth 1890.91%
  • Ebitda 355.56%
  • Net Worth 12.54%
  • Total Assets 13.23%

About Nihs Insurance Brokers

Nihs Insurance Brokers Limited (NIBL) is a Public Limited Indian Non-Government Company incorporated in India on 04 April 1988 and has a history of 36 years and ten months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Crystal Gold Chitfunds Limited. The Company is engaged in the Business Outsourcing 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 1.00 Cr and a paid-up capital of Rs 9.10 M, as per Ministry of Corporate Affairs (MCA) records.

Hema Menon, Sivarama Babu, and Suresh Balakrishnan serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74110MH1988PLC046864

  • Company No.

    046864

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    04 Apr 1988

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Business Outsourcing
Financial Services

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

Board Members (3)

Name Designation Appointment Date Status
Hema Menon Country flag representing In Director 04-Apr-1988 Current
Sivarama Babu Country flag representing In Director 04-Apr-1988 Current
Suresh Balakrishnan Country flag representing In Additional Director 20-Mar-2024 Current

Financial Performance of Nihs Insurance Brokers.

Nihs Insurance Brokers Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 1395.05% increase. The company also saw a substantial improvement in profitability, with a 1890.91% increase in profit. The company's net worth Soared by an impressive increase of 12.54%.

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
1395.05%
Revenue from Operations
Total Assets
13.23%
Profit or Loss
1890.91%
Net Worth
12.54%
EBITDA
355.56%

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

In 2023, Nihs 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Nihs Insurance Brokers?

Unlock and access historical data on people associated with Nihs Insurance Brokers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nihs 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 Nihs 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 Nihs Insurance Brokers

Recent activity within the organization

  • Director Appointment

    Suresh Balakrishnan was appointed as a Additional Director was appointed as a Additional Director on 20 Mar 2024 & has been associated with this company since 10 months 21 days .

    20 Mar 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Nihs Insurance Brokers Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Hema Babu Menon was appointed as a Director was appointed as a Director on 04 Apr 1988 & has been associated with this company since 36 years 10 months .

    04 Apr 1988

  • Director Appointment

    Sivarama Visweswera Babu was appointed as a Director was appointed as a Director on 04 Apr 1988 & has been associated with this company since 36 years 10 months .

    04 Apr 1988

  • Company Incorporation

    Nihs Insurance Brokers Limited was registered on 04 Apr 1988 with Roc Mumbai & aged 36 years 10 months as per MCA records.

    04 Apr 1988

Frequently asked questions

  • Nihs Insurance Brokers Limited was incorporated on 04 Apr 1988.

  • The authorized share capital of Nihs Insurance Brokers Limited is ₹ 1.00 Cr and paid-up capital is ₹ 9.10 M.

  • Currently 3 directors are associated with Nihs Insurance Brokers Limited.

    • Hema Babu Menon
    • Sivarama Visweswera Babu
    • Suresh Balakrishnan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nihs Insurance Brokers Limited is A-102 Krishna Bldg Shantivan Borivali (E) India, Mumbai, Maharashtra, 400066.

  • The corporate identification number (CIN) of Nihs Insurance Brokers Limited is U74110MH1988PLC046864 and the company number is 046864 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Nihs Insurance Brokers Limited is https://www.insurance100.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Nihs Insurance Brokers Limited has risen by 1395.05%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Nihs Insurance Brokers Limited has experienced an upsurge of 12.54%.

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

People also Viewed

Similar Companies Based on Insurance Brokerage & Advisory