Efficient Insurance Brokers Private Limited

Founded in 2005 and headquartered in Maharashtra, India.

2005 | Mumbai, Maharashtra (India) | Active
Last Updated: January 04, 2025

Efficient Insurance Brokers Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 7.50 M
  • Company Age 19 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.25 Cr
  • Revenue Growth -19.14%
  • Profit Growth -38.42%
  • Ebitda -46.97%
  • Net Worth 16.28%
  • Total Assets 22.46%

About Efficient Insurance Brokers

Efficient Insurance Brokers Private Limited (EIBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 March 2005 and has a history of 19 years and 11 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 7.50 M.

The company currently has active open charges totaling ₹3.25 Cr.

The Key Managerial Personnel (KMP) at Efficient Insurance Brokers Private Limited India is Gaurav Palliwal as CEO. Rakesh Rathi, Sunil Gaikwad, and Kishor Sorap serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U67200MH2005PTC372655

  • Company No.

    133457

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Mar 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

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

Executive Team (1)

NameDesignationAppointment DateStatus
Gaurav Palliwal Country flag representing In CEO20-Jun-2023Current

Board Members (3)

NameDesignationAppointment DateStatus
Rakesh Rathi Country flag representing In Director 31-Oct-2017Current
Sunil Gaikwad Country flag representing In Additional Director 31-Oct-2024Current
Kishor Sorap Country flag representing In Additional Director 31-Oct-2024Current

Financial Performance of Efficient Insurance Brokers.

Efficient Insurance Brokers Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 19.14% decrease. The company also saw a substantial fall in profitability, with a 38.42% decrease in profit. The company's net worth Soared by an impressive increase of 16.28%.

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
-19.14%
Revenue from Operations
-28.56%
Total Assets
22.46%
Profit or Loss
-38.42%
Net Worth
16.28%
EBITDA
-46.97%

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

In 2022, Efficient 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)

Open Charges

₹3.25 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 3.25 Cr

Latest Charge Details

DateLenderAmountStatus
25 Sep 2023Axis Bank Limited₹3.25 CrOpen

How Many Employees Work at Efficient Insurance Brokers?

Efficient Insurance Brokers has a workforce of 81 employees as of Apr 10, 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 Efficient 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 Efficient 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 Efficient Insurance Brokers

Recent activity within the organization

  • Director Appointment

    Sunil Satish Gaikwad was appointed as a Additional Director was appointed as a Additional Director on 31 Oct 2024 & has been associated with this company since 3 months 24 days .

    31 Oct 2024

  • Director Appointment

    Kishor Krushna Sorap was appointed as a Additional Director was appointed as a Additional Director on 31 Oct 2024 & has been associated with this company since 3 months 24 days .

    31 Oct 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 3.25 Cr with Charge ID 100786867 was registered on 25 Sep 2023.

    25 Sep 2023

  • Director Appointment

    Gaurav Palliwal was appointed as a Ceo was appointed as a Ceo on 20 Jun 2023 & has been associated with this company since 1 year 8 months .

    20 Jun 2023

  • Balance Sheet

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

    31 Mar 2023

Frequently asked questions

  • Efficient Insurance Brokers Private Limited was incorporated on 01 Mar 2005.

  • The authorized share capital of Efficient Insurance Brokers Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 7.50 M.

  • Currently 4 directors are associated with Efficient Insurance Brokers Private Limited.

    • Rakesh Kumar Rathi
    • Sunil Satish Gaikwad
    • Kishor Krushna Sorap
    • Gaurav Palliwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Efficient Insurance Brokers Private Limited is B-411 Kanakia Wall Street Andheri Kurla Road Chakala Opp Holy Family Church, East India, Mumbai, Maharashtra, 400093.

  • The corporate identification number (CIN) of Efficient Insurance Brokers Private Limited is U67200MH2005PTC372655 and the company number is 133457 as per Ministry of Corporate Affairs (MCA).

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

  • According to the financial reports for the fiscal year 2022, the revenue trend for Efficient Insurance Brokers Private Limited has fallen by -19.14%.

  • As Per 2022 financial reports, 81 employees are currently employed by Efficient Insurance Brokers Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Efficient Insurance Brokers Private Limited has experienced an upsurge of 16.28%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Efficient Insurance Brokers Private Limited amount to ₹ 3.25 Cr.

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

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