First Policy Insurance Brokers Profile
Key Indicators
- Authorised Capital ₹ 11.00 Cr
- Paid Up Capital ₹ 10.00 Cr
- Company Age 22 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.50 Cr
- Satisfied Charges ₹ 1.00 Cr
- Revenue Growth 20.95%
- Profit Growth 41.65%
- Ebitda 40.79%
- Net Worth 21.61%
- Total Assets -11.56%
About First Policy Insurance Brokers
First Policy Insurance Brokers Private Limited (FPIBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 November 2002 and has a history of 22 years and three months. Its registered office is in Pune, Maharashtra, India.
The Corporate was formerly known as First Policy Insurance Advisors 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 2023. It's a company limited by shares with an authorized capital of Rs 11.00 Cr and a paid-up capital of Rs 10.00 Cr.
The company currently has active open charges totaling ₹3.50 Cr. The company has closed loans amounting to ₹1.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at First Policy Insurance Brokers Private Limited India is Priyanka Nimgaonkar as COMPANY SECRETARY. Ashok Jain and Sachin Jain serve as directors at the Company.
Company Details
- Location
Pune, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74140PN2002PTC017425
- Company No.
017425
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
13 Nov 2002
- Date of AGM
12 Jul 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
Who are the key members and board of directors at First Policy Insurance Brokers?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Priyanka Nimgaonkar | Company Secretary | 26-Mar-2024 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sachin Jain  | Whole-Time Director | 24-Aug-2016 | Current |
| Ashok Jain | Whole-Time Director | 19-Dec-2006 | Current |
Financial Performance 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%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of First Policy Insurance Brokers?
In 2023, First Policy 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)
Insurance Brokers Association Of IndiaAshok Jain is a mutual person
Tejre Insuretech Private LimitedAshok Jain is a mutual person
Charges (Loans)
₹3.50 Cr
₹1.00 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 3.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Apr 2017 | Hdfc Bank Limited | ₹3.50 Cr | Open |
| 13 Jul 2007 | Stata Bank Of India | ₹1.00 Cr | Satisfied |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of First Policy 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 Policy 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.
