First Policy Insurance Brokers Private Limited logo

First Policy Insurance Brokers Private Limited

Provides insurance broking, financial advisory, and consultancy services to various industries.
2002 | Pune, Maharashtra (India) | Active

Last Updated:

June 14, 2024
HomeCompanyFirst Policy Insurance Brokers Private Limited

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

Executive Team (1)

NameDesignationAppointment DateStatus
Priyanka NimgaonkarCompany Secretary26-Mar-2024Current

Board Members(2)

NameDesignationAppointment DateStatus
Sachin Jain In Whole-Time Director 24-Aug-2016Current
Ashok Jain In Whole-Time Director 19-Dec-2006Current

Financial Performance and Corporate Structure Insights of First Policy Insurance Brokers.

First Policy Insurance Brokers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.95% increase. The company also saw a substantial improvement in profitability, with a 41.65% increase in profit. The company's net worth Soared by an impressive increase of 21.61%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
20.95%
Revenue from Operations
21.09%
Total Assets
-11.56%
Profit or Loss
41.65%
Net Worth
21.61%
EBITDA
40.79%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹3.50 Cr

₹1.00 Cr

LenderAmountStatus

Hdfc Bank Limited

Creation Date: 15 Apr 2017
₹3.50 CrOpen

Stata Bank Of India

Creation Date: 13 Jul 2007
₹1.00 CrSatisfied

How Many Employees Work at First Policy Insurance Brokers?

Unlock and access historical data on people associated with First Policy Insurance Brokers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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Latest Updates, News, and FAQs on First Policy Insurance Brokers

Recent activity within the organization

  • Director Appointment

    Priyanka Virag Nimgaonkar was appointed as a Company Secretary was appointed as a Company Secretary on 26 Mar 2024 & has been associated with this company since 8 months 26 days .

    26 Mar 2024

  • Annual General Meeting

    First Policy Insurance Brokers Private Limited last Annual general meeting of members was held on 12 Jul 2023 as per latest MCA records.

    12 Jul 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 3.50 Cr registered on 15 Apr 2017 with Charge ID 100103785 was modified on 20 Jul 2022.

    20 Jul 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.50 Cr with Charge ID 100103785 was registered on 15 Apr 2017.

    15 Apr 2017

  • Director Appointment

    Sachin Devichand Jain was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 24 Aug 2016 & has been associated with this company since 8 years 3 months .

    24 Aug 2016

Frequently asked questions

  • First Policy Insurance Brokers Private Limited was incorporated on 13 Nov 2002.

  • The authorized share capital of First Policy Insurance Brokers Private Limited is ₹ 11.00 Cr and paid-up capital is ₹ 10.00 Cr.

  • Currently 3 directors are associated with First Policy Insurance Brokers Private Limited.

    • Ashok Kumar Jain
    • Priyanka Virag Nimgaonkar
    • Sachin Devichand Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of First Policy Insurance Brokers Private Limited is 07 Soormani Dp Road Aundh, Pune, Maharashtra, India, 411007.

  • The corporate identification number (CIN) of First Policy Insurance Brokers Private Limited is U74140PN2002PTC017425 and the company number is 017425 as per Ministry of Corporate Affairs (MCA).

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

  • According to the financial reports for the fiscal year 2023, the revenue trend for First Policy Insurance Brokers Private Limited has risen by 20.95%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of First Policy Insurance Brokers Private Limited has experienced an upsurge of 21.61%.

  • As per the financial statements for fiscal Year 2023, The total open charges for First Policy Insurance Brokers Private Limited amount to ₹ 3.50 Cr.

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

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