Efficient Insurance Brokers Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 7.50 M
- Company Age 20 Year, 27 Days
- 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 20 years. 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
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gaurav Palliwal  | CEO | 20-Jun-2023 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rakesh Rathi | Director | 31-Oct-2017 | Current |
| Sunil Gaikwad | Additional Director | 31-Oct-2024 | Current |
| Kishor Sorap | Additional Director | 31-Oct-2024 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Parthiv Fintrade Private LimitedRakesh Rathi is a mutual person
Parthiv Wealth Private LimitedRakesh Rathi is a mutual person
- Parthiv Outsourcing Solutions Private Limited
Rakesh Rathi is a mutual person
Parthiv Capital Private LimitedRakesh Rathi is a mutual person
Parthiv Corporate Advisory Private LimitedRakesh Rathi, Sunil Gaikwad and 1 more are mutual person
Inland Printers LimitedKishor Sorap is a mutual person
Charges (Loans)
Open Charges
₹3.25 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 3.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Sep 2023 | Axis Bank Limited | ₹3.25 Cr | Open |
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.
Deals i
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
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 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 4 months 28 days .
- 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 4 months 28 days .
- 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.
- Charges
A charge with Axis Bank Limited amounted to Rs. 3.25 Cr with Charge ID 100786867 was registered on 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 9 months .
- Balance Sheet
Efficient Insurance Brokers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Frequently asked questions
What is the Incorporation or founding date of Efficient Insurance Brokers Private Limited?
Efficient Insurance Brokers Private Limited was incorporated on 01 Mar 2005.
What is authorized share capital and paid-up capital of Efficient Insurance Brokers Private Limited?
The authorized share capital of Efficient Insurance Brokers Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 7.50 M.
Who are the current board members & directors of Efficient Insurance Brokers Private Limited?
Currently 4 directors are associated with Efficient Insurance Brokers Private Limited.
- Rakesh Kumar Rathi
- Sunil Satish Gaikwad
- Kishor Krushna Sorap
- Gaurav Palliwal
What is the registered address of Efficient Insurance Brokers Private Limited?
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.
What is the corporate identification number (CIN) and company number of Efficient Insurance Brokers Private Limited?
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).
What is the official website of Efficient Insurance Brokers Private Limited?
The Official website of Efficient Insurance Brokers Private Limited is https://www.insureefficient.com
What has been the recent revenue trend for Efficient Insurance Brokers Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Efficient Insurance Brokers Private Limited has fallen by -19.14%.
How many employees does Efficient Insurance Brokers Private Limited currently have?
As Per 2022 financial reports, 81 employees are currently employed by Efficient Insurance Brokers Private Limited.
What change has been observed in the net worth of Efficient Insurance Brokers Private Limited, and by what percentage?
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%.
What are the total open charges for Efficient Insurance Brokers Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Efficient Insurance Brokers Private Limited amount to ₹ 3.25 Cr.
When was the last Balance Sheet of Efficient Insurance Brokers Private Limited filed with the ROC?
The most recent Balance Sheet for Efficient Insurance Brokers Private Limited was filed with the ROC on 31 Mar 2023.
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