Edify Insurance Brokers Private Limited

Insurance brokerage services for various types of insurance policies.

2015 | Bangaluru, Karnataka (India) | Active
Last Updated: December 12, 2024

Edify Insurance Brokers Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 7.50 M
  • Company Age 9 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.38 M
  • Revenue Growth 11.65%
  • Profit Growth 0.75%
  • Ebitda -1.99%
  • Net Worth 31.31%
  • Total Assets 16.99%

About Edify Insurance Brokers

Edify Insurance Brokers Private Limited (EIBPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 July 2015 (Nine years and seven months 14 days old ). Its registered office is in Bangaluru, Karnataka, 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 7.50 M and a paid-up capital of Rs 7.50 M.

The company currently has active open charges totaling ₹4.38 M.

Ashwini Kumar and Divyesh Nagar serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    edifybrokers.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U66010KA2015PTC081331

  • Company No.

    081331

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Jul 2015

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services

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

Board Members (2)

Name Designation Appointment Date Status
Ashwini Kumar Country flag representing In Director 02-Jul-2015 Current
Divyesh Nagar Country flag representing In Director 02-Jul-2015 Current

Financial Performance of Edify Insurance Brokers.

Edify Insurance Brokers Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 11.65% increase. The company also saw a slight improvement in profitability, with a 0.75% increase in profit. The company's net worth Soared by an impressive increase of 31.31%.

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
11.65%
Revenue from Operations
12.30%
Total Assets
16.99%
Profit or Loss
0.75%
Net Worth
31.31%
EBITDA
-1.99%

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

In 2022, Edify Insurance Brokers had a public holding of 5.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.38 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.44 Cr

Latest Charge Details

Date Lender Amount Status
15 Sep 2023 Hdfc Bank Limited ₹2.00 M Open
30 Jun 2022 Hdfc Bank Limited ₹2.38 M Open

How Many Employees Work at Edify Insurance Brokers?

Edify Insurance Brokers has a workforce of 39 employees as of Apr 06, 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 Edify 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 Edify 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 Edify Insurance Brokers

Recent activity within the organization

  • Annual General Meeting

    Edify Insurance Brokers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Edify Insurance Brokers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.00 M with Charge ID 100796522 was registered on 15 Sep 2023.

    15 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.38 M with Charge ID 100600284 was registered on 30 Jun 2022.

    30 Jun 2022

  • Director Appointment

    Ashwini Kumar was appointed as a Director was appointed as a Director on 02 Jul 2015 & has been associated with this company since 9 years 7 months .

    02 Jul 2015

  • Director Appointment

    Divyesh Nagar was appointed as a Director was appointed as a Director on 02 Jul 2015 & has been associated with this company since 9 years 7 months .

    02 Jul 2015

Frequently asked questions

  • Edify Insurance Brokers Private Limited was incorporated on 02 Jul 2015.

  • The authorized share capital of Edify Insurance Brokers Private Limited is ₹ 7.50 M and paid-up capital is ₹ 7.50 M.

  • Currently 2 directors are associated with Edify Insurance Brokers Private Limited.

    • Ashwini Kumar
    • Divyesh Nagar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Edify Insurance Brokers Private Limited is No. 51 Ground Floor Hal 2Nd Stage Leela Palace Road, Kodihalli India, Bangalore, Karnataka, 560008.

  • The corporate identification number (CIN) of Edify Insurance Brokers Private Limited is U66010KA2015PTC081331 and the company number is 081331 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Edify Insurance Brokers Private Limited is https://www.edifybrokers.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Edify Insurance Brokers Private Limited has risen by 11.65%.

  • As Per 2022 financial reports, 39 employees are currently employed by Edify Insurance Brokers Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Edify Insurance Brokers Private Limited has experienced an upsurge of 31.31%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Edify Insurance Brokers Private Limited amount to ₹ 4.38 M.

  • The most recent Balance Sheet for Edify Insurance Brokers Private Limited was filed with the ROC on 31 Mar 2024.