Fairwealth Insurance Broking Profile
Key Indicators
- Authorised Capital ₹ 7.50 M
- Paid Up Capital ₹ 5.00 M
- Company Age 26 Year, 10 Months
- Last Filing with ROC 31 Mar 2018
- Open Charges ₹ 0.40 M
- Revenue Growth 101.68%
- Profit Growth 100.45%
- Ebitda 100.85%
- Net Worth 0.32%
- Total Assets 146.02%
About Fairwealth Insurance Broking
Fairwealth Insurance Broking Private Limited (FIBPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 May 1998 and has a history of 26 years and ten months. Its registered office is in Gurugram, Haryana, India.
The Corporate was formerly known as Fair Financial Services Private Limited. 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 2018. It's a company limited by shares with an authorized capital of Rs 7.50 M and a paid-up capital of Rs 5.00 M.
The company currently has active open charges totaling ₹0.40 M.
Shitla Shukla, Ankur Gandhi, Tauqeer Ahmad, and One other member serve as directors at the Company.
Company Details
- Location
Gurugram, Haryana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U66030HR1998PTC056553
- Company No.
056553
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
14 May 1998
- Date of AGM
29 Sep 2018
- Date of Balance Sheet
31 Mar 2018
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Financial Services
What products or services does Fairwealth Insurance Broking Private Limited offer?
Fairwealth Insurance Broking Private Limited offers a wide range of products and services, including Insurance Agents and Services, Insurance Service, Stock Trading/Money Market, Share Trading Services, Currency Trading Services.
Who are the key members and board of directors at Fairwealth Insurance Broking?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ankur Gandhi  | Additional Director | 10-May-2019 | Current |
| Shitla Shukla | Director | 23-Jun-2017 | Current |
| Tauqeer Ahmad | Additional Director | 05-Nov-2024 | Current |
| Deepak Chhabra | Director | 05-May-2024 | Current |
Financial Performance of Fairwealth Insurance Broking.
Fairwealth Insurance Broking Private Limited, for the financial year ended 2018, experienced significant growth in revenue, with a 101.68% increase. The company also saw a substantial improvement in profitability, with a 100.45% increase in profit. The company's net worth moved up by a moderate rise of 0.32%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Fairwealth Insurance Broking?
In 2018, Fairwealth Insurance Broking had a promoter holding of 45.90% and a public holding of 54.10%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Fairwealth Financial Services LimitedAnkur Gandhi, Tauqeer Ahmad and 1 more are mutual person
Charges (Loans)
Open Charges
₹0.40 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Oriental Bank Of Commerce : 0.04 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Aug 1999 | Oriental Bank Of Commerce | ₹0.20 M | Open |
| 23 Feb 1999 | Oriental Bank Of Commerce | ₹0.20 M | Open |
How Many Employees Work at Fairwealth Insurance Broking?
Unlock and access historical data on people associated with Fairwealth Insurance Broking, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Fairwealth Insurance Broking, 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 Fairwealth Insurance Broking'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 Fairwealth Insurance Broking
Recent activity within the organization
- Director Appointment
Tauqeer Ahmad was appointed as a Additional Director was appointed as a Additional Director on 05 Nov 2024 & has been associated with this company since 4 months 23 days .
- Director Appointment
Deepak Chhabra was appointed as a Director was appointed as a Director on 05 May 2024 & has been associated with this company since 10 months 23 days .
- Director Appointment
Ankur Gandhi was appointed as a Additional Director was appointed as a Additional Director on 10 May 2019 & has been associated with this company since 5 years 10 months .
- Annual General Meeting
Fairwealth Insurance Broking Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.
- Balance Sheet
Fairwealth Insurance Broking Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Delhi.
- Director Appointment
Shitla Prasad Shukla was appointed as a Director was appointed as a Director on 23 Jun 2017 & has been associated with this company since 7 years 9 months .
Frequently asked questions
What is the Incorporation or founding date of Fairwealth Insurance Broking Private Limited?
Fairwealth Insurance Broking Private Limited was incorporated on 14 May 1998.
What is authorized share capital and paid-up capital of Fairwealth Insurance Broking Private Limited?
The authorized share capital of Fairwealth Insurance Broking Private Limited is ₹ 7.50 M and paid-up capital is ₹ 5.00 M.
Who are the current board members & directors of Fairwealth Insurance Broking Private Limited?
Currently 4 directors are associated with Fairwealth Insurance Broking Private Limited.
- Shitla Prasad Shukla
- Ankur Gandhi
- Tauqeer Ahmad
- Deepak Chhabra
What is the registered address of Fairwealth Insurance Broking Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Fairwealth Insurance Broking Private Limited is 651-652 Udyog Vihar, Phase-V India, Gurgaon, Haryana, 122016.
What is the corporate identification number (CIN) and company number of Fairwealth Insurance Broking Private Limited?
The corporate identification number (CIN) of Fairwealth Insurance Broking Private Limited is U66030HR1998PTC056553 and the company number is 056553 as per Ministry of Corporate Affairs (MCA).
What is the official website of Fairwealth Insurance Broking Private Limited?
The Official website of Fairwealth Insurance Broking Private Limited is https://www.fairwealth.in
What has been the recent revenue trend for Fairwealth Insurance Broking Private Limited?
According to the financial reports for the fiscal year 2018, the revenue trend for Fairwealth Insurance Broking Private Limited has risen by 101.68%.
What change has been observed in the net worth of Fairwealth Insurance Broking Private Limited, and by what percentage?
The financial reports for the fiscal year 2018 indicates that The net worth of Fairwealth Insurance Broking Private Limited has experienced an upsurge of 0.32%.
What are the total open charges for Fairwealth Insurance Broking Private Limited?
As per the financial statements for fiscal Year 2018, The total open charges for Fairwealth Insurance Broking Private Limited amount to ₹ 0.40 M.
When was the last Balance Sheet of Fairwealth Insurance Broking Private Limited filed with the ROC?
The most recent Balance Sheet for Fairwealth Insurance Broking Private Limited was filed with the ROC on 31 Mar 2018.
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