First Advisor Insurance Brokers Private Limited

Insurance advisor company providing motor, health, marine, life, and personal accident insurance services.

2016 | Dhanbad, Jharkhand (India) | Active
Last Updated: July 16, 2024

First Advisor Insurance Brokers Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 1.88 Cr
  • Company Age 8 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.00 M
  • Revenue Growth 98.94%
  • Profit Growth 76.82%
  • Ebitda 84.22%
  • Net Worth 102.02%
  • Total Assets 47.74%

About First Advisor Insurance Brokers

First Advisor Insurance Brokers Private Limited (FAIBPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 February 2016 (Eight years and 11 months 19 days old ). Its registered office is in Dhanbad, Jharkhand, 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 1.88 Cr.

The company currently has active open charges totaling ₹2.00 M.

Vikash Tulsyan and Shruti Tulsyan serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U66010JH2016PTC003572

  • Company No.

    003572

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Feb 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jharkhand

Industry

Financial Services

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

Board Members (2)

Name Designation Appointment Date Status
Vikash Tulsyan Country flag representing In Director 25-Feb-2016 Current
Shruti Tulsyan Country flag representing In Director 25-Feb-2016 Current

Financial Performance of First Advisor Insurance Brokers.

First Advisor Insurance Brokers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 98.94% increase. The company also saw a substantial improvement in profitability, with a 76.82% increase in profit. The company's net worth Soared by an impressive increase of 102.02%.

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
98.94%
Revenue from Operations
100.19%
Total Assets
47.74%
Profit or Loss
76.82%
Net Worth
102.02%
EBITDA
84.22%

What is the Ownership and Shareholding Structure of First Advisor Insurance Brokers?

In 2023, First Advisor 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

₹0.20 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.20 Cr

Latest Charge Details

Date Lender Amount Status
26 Apr 2022 Others ₹2.00 M Open

How Many Employees Work at First Advisor Insurance Brokers?

First Advisor Insurance Brokers has a workforce of 10 employees as of Apr 05, 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 First Advisor 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 First Advisor 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 First Advisor Insurance Brokers

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.20 Cr with Charge ID 100567794 was registered on 26 Apr 2022.

    26 Apr 2022

  • Director Appointment

    Vikash Kumar Tulsyan was appointed as a Director was appointed as a Director on 25 Feb 2016 & has been associated with this company since 8 years 11 months .

    25 Feb 2016

  • Director Appointment

    Shruti Tulsyan was appointed as a Director was appointed as a Director on 25 Feb 2016 & has been associated with this company since 8 years 11 months .

    25 Feb 2016

  • Company Incorporation

    First Advisor Insurance Brokers Private Limited was registered on 25 Feb 2016 with Roc Jharkhand & aged 8 years 11 months as per MCA records.

    25 Feb 2016

Frequently asked questions

  • First Advisor Insurance Brokers Private Limited was incorporated on 25 Feb 2016.

  • The authorized share capital of First Advisor Insurance Brokers Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 1.88 Cr.

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

    • Vikash Kumar Tulsyan
    • Shruti Tulsyan
  • As per Ministry of Corporate Affairs (Mca), the registered address of First Advisor Insurance Brokers Private Limited is Room No. 312 Shree Ram Plaza Bank More P.O. Dhanbad, Jharkhand, India, 826001.

  • The corporate identification number (CIN) of First Advisor Insurance Brokers Private Limited is U66010JH2016PTC003572 and the company number is 003572 as per Ministry of Corporate Affairs (MCA).

  • The Official website of First Advisor Insurance Brokers Private Limited is https://www.firstadvisorsinsurance.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for First Advisor Insurance Brokers Private Limited has risen by 98.94%.

  • As Per 2023 financial reports, 10 employees are currently employed by First Advisor Insurance Brokers Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of First Advisor Insurance Brokers Private Limited has experienced an upsurge of 102.02%.

  • As per the financial statements for fiscal Year 2023, The total open charges for First Advisor Insurance Brokers Private Limited amount to ₹ 2.00 M.

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