Extra Cover Insurance Brokers Private Limited

Provides insurance and pension services, including pre/post-policy placement and claim management.

2005 | Kolkata, West Bengal (India) | Active
Last Updated: July 29, 2024

Extra Cover Insurance Brokers Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.93 M
  • Company Age 19 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 55.72%
  • Profit Growth 42.11%
  • Ebitda 53.16%
  • Net Worth 26.12%
  • Total Assets 30.53%

About Extra Cover Insurance Brokers

Extra Cover Insurance Brokers Private Limited (ECIBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 May 2005 and has a history of 19 years and eight months. Its registered office is in Kolkata, West Bengal, 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 1.00 Cr and a paid-up capital of Rs 9.93 M, as per Ministry of Corporate Affairs (MCA) records.

Nirmal Bazaz and Aditya Bajaj serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U67200WB2005PTC103446

  • Company No.

    103446

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 May 2005

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Financial Services

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

Board Members (2)

Name Designation Appointment Date Status
Aditya Bajaj Country flag representing In Director 27-Nov-2020 Current
Nirmal Bazaz Country flag representing In Director 31-May-2005 Current

Financial Performance of Extra Cover Insurance Brokers.

Extra Cover Insurance Brokers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 55.72% increase. The company also saw a substantial improvement in profitability, with a 42.11% increase in profit. The company's net worth Soared by an impressive increase of 26.12%.

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
55.72%
Revenue from Operations
58.52%
Total Assets
30.53%
Profit or Loss
42.11%
Net Worth
26.12%
EBITDA
53.16%

What is the Ownership and Shareholding Structure of Extra Cover Insurance Brokers?

In 2023, Extra Cover Insurance Brokers had a promoter holding of 76.00% and a public holding of 24.00%. 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 Extra Cover Insurance Brokers?

Extra Cover Insurance Brokers has a workforce of 13 employees as of Apr 08, 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 Extra Cover 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 Extra Cover 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 Extra Cover Insurance Brokers

Recent activity within the organization

  • Annual General Meeting

    Extra Cover Insurance Brokers Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Director Appointment

    Aditya Bajaj was appointed as a Director was appointed as a Director on 27 Nov 2020 & has been associated with this company since 4 years 2 months .

    27 Nov 2020

  • Director Appointment

    Nirmal Bazaz was appointed as a Director was appointed as a Director on 31 May 2005 & has been associated with this company since 19 years 8 months .

    31 May 2005

  • Company Incorporation

    Extra Cover Insurance Brokers Private Limited was registered on 31 May 2005 with Roc Kolkata & aged 19 years 8 months as per MCA records.

    31 May 2005

Frequently asked questions

  • Extra Cover Insurance Brokers Private Limited was incorporated on 31 May 2005.

  • The authorized share capital of Extra Cover Insurance Brokers Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 9.93 M.

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

    • Nirmal Bazaz
    • Aditya Bajaj
  • As per Ministry of Corporate Affairs (Mca), the registered address of Extra Cover Insurance Brokers Private Limited is 21Hemant Basu Sarani 4Th Floor Room No.443, Kolkata, West Bengal, India, 700001.

  • The corporate identification number (CIN) of Extra Cover Insurance Brokers Private Limited is U67200WB2005PTC103446 and the company number is 103446 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Extra Cover Insurance Brokers Private Limited is https://www.extracover.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Extra Cover Insurance Brokers Private Limited has risen by 55.72%.

  • As Per 2023 financial reports, 13 employees are currently employed by Extra Cover Insurance Brokers Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Extra Cover Insurance Brokers Private Limited has experienced an upsurge of 26.12%.

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

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