First Policy Insurance Brokers Profile
Key Indicators
- Authorised Capital ₹ 11.00 Cr
- Paid Up Capital ₹ 10.00 Cr
- Company Age 22 Year, 6 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 six 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
Financial Services
First Policy Insurance Brokers Private Limited
Explore comprehensive data for First Policy Insurance Brokers Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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)
Open Charges
₹3.50 Cr
Satisfied Charges
₹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.
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 1 year 2 months .
- 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.
- Balance Sheet
First Policy Insurance Brokers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.
- 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.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 3.50 Cr with Charge ID 100103785 was registered on 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 9 months .
Frequently asked questions
What is the Incorporation or founding date of First Policy Insurance Brokers Private Limited?
First Policy Insurance Brokers Private Limited was incorporated on 13 Nov 2002.
What is authorized share capital and paid-up capital of First Policy Insurance Brokers Private Limited?
The authorized share capital of First Policy Insurance Brokers Private Limited is ₹ 11.00 Cr and paid-up capital is ₹ 10.00 Cr.
Who are the current board members & directors of First Policy Insurance Brokers Private Limited?
Currently 3 directors are associated with First Policy Insurance Brokers Private Limited.
- Ashok Kumar Jain
- Priyanka Virag Nimgaonkar
- Sachin Devichand Jain
What is the registered address of First Policy Insurance Brokers Private Limited?
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.
What is the corporate identification number (CIN) and company number of First Policy Insurance Brokers Private Limited?
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).
What is the official website of First Policy Insurance Brokers Private Limited?
The Official website of First Policy Insurance Brokers Private Limited is https://www.firstpolicy.com
What has been the recent revenue trend for First Policy Insurance Brokers Private Limited?
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%.
What change has been observed in the net worth of First Policy Insurance Brokers Private Limited, and by what percentage?
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%.
What are the total open charges for First Policy Insurance Brokers Private Limited?
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.
When was the last Balance Sheet of First Policy Insurance Brokers Private Limited filed with the ROC?
The most recent Balance Sheet for First Policy Insurance Brokers Private Limited was filed with the ROC on 31 Mar 2023.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
Shailesh HaribhaktiDirectorAR
Ashok RoyAdditional DirectorJI
Jambunathan IyerDirectorJI
Jambunathan IyerDirectorSP
Sachidanand PuthillathDirectorNR
Narayanchandra RayDirector
Similar Companies Based on Insurance Brokerage & Advisory
Prudent Insurance Brokers Private Limited Mumbai, Maharashtra, India
Maruti Suzuki Insurance Broking Private Limited Delhi, India
Marsh India Insurance Brokers Private Limited. Mumbai, Maharashtra, India
Bluechip Insurance Broking Private Limited Mumbai, Maharashtra, India
Mahindra Insurance Brokers Limited Mumbai, Maharashtra, India
Medi Assist Insurance Tpa Private Limited Bangaluru, Karnataka, India
Edme Insurance Brokers Limited Junagadh, Gujarat, India
K M Dastur Reinsurance Brokers Private Limited Mumbai, Maharashtra, India