Futurance India Insurance Brokers Private Limited

Insurance broker with tie-ups for competitive coverage in various sectors.

2003 | Tiruchirappalli, Tamil Nadu (India) | Active
Last Updated: December 29, 2024

Futurance India Insurance Brokers Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 7.50 M
  • Company Age 22 Year, 18 Days
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -9.88%
  • Profit Growth 193.44%
  • Ebitda 183.95%
  • Net Worth
  • Total Assets 11.83%

About Futurance India Insurance Brokers

Futurance India Insurance Brokers Private Limited (FIIBPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 February 2003 and has a history of 22 years. Its registered office is in Tiruchirappalli, Tamil Nadu, India.

The Corporate was formerly known as Futurance India Insurance 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 2024. It's a company limited by shares with an authorized capital of Rs 7.50 M and a paid-up capital of Rs 7.50 M, as per Ministry of Corporate Affairs (MCA) records.

Karthikeyan, Kunjithapatham Prakash, and Bhuvana Prakash serve as directors at the Company.

Company Details

  • Location

    Tiruchirappalli, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    futurance.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U67200TN2003PTC050297

  • Company No.

    050297

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Feb 2003

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services
Engineering

Who are the key members and board of directors at Futurance India Insurance Brokers?

Board Members (3)

NameDesignationAppointment DateStatus
Karthikeyan Country flag representing In Director 15-Mar-2018Current
Kunjithapatham Prakash Country flag representing In Director 18-Mar-2003Current
Bhuvana Prakash Country flag representing In Director 15-Mar-2018Current

Financial Performance of Futurance India Insurance Brokers.

Futurance India Insurance Brokers Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 9.88% decrease. The company also saw a substantial improvement in profitability, with a 193.44% increase in profit. The company's net worth witnessed no change by increase of 0%.

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
-9.88%
Revenue from Operations
-6.98%
Total Assets
11.83%
Profit or Loss
193.44%
Net Worth
EBITDA
183.95%

What is the Ownership and Shareholding Structure of Futurance India Insurance Brokers?

In 2021, Futurance India Insurance Brokers had a public holding of 41.33%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Futurance India Insurance Brokers?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Futurance India 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 Futurance India 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 Futurance India Insurance Brokers

Recent activity within the organization

  • Annual General Meeting

    Futurance India Insurance Brokers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Futurance India Insurance Brokers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Karthikeyan was appointed as a Director was appointed as a Director on 15 Mar 2018 & has been associated with this company since 6 years 11 months .

    15 Mar 2018

  • Director Appointment

    Bhuvana Prakash was appointed as a Director was appointed as a Director on 15 Mar 2018 & has been associated with this company since 6 years 11 months .

    15 Mar 2018

  • Director Appointment

    Kunjithapatham Prakash was appointed as a Director was appointed as a Director on 18 Mar 2003 & has been associated with this company since 21 years 11 months .

    18 Mar 2003

  • Company Incorporation

    Futurance India Insurance Brokers Private Limited was registered on 05 Feb 2003 with Roc Chennai & aged 22 years 18 days as per MCA records.

    05 Feb 2003

Frequently asked questions

  • Futurance India Insurance Brokers Private Limited was incorporated on 05 Feb 2003.

  • The authorized share capital of Futurance India Insurance Brokers Private Limited is ₹ 7.50 M and paid-up capital is ₹ 7.50 M.

  • Currently 3 directors are associated with Futurance India Insurance Brokers Private Limited.

    • Karthikeyan
    • Kunjithapatham Prakash
    • Bhuvana Prakash
  • As per Ministry of Corporate Affairs (Mca), the registered address of Futurance India Insurance Brokers Private Limited is D.No.3C First Floor Lakshmipuram, Tennur India, Trichy, Tamil Nadu, 620017.

  • The corporate identification number (CIN) of Futurance India Insurance Brokers Private Limited is U67200TN2003PTC050297 and the company number is 050297 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Futurance India Insurance Brokers Private Limited is https://www.futurance.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Futurance India Insurance Brokers Private Limited has fallen by -9.88%.

  • The most recent Balance Sheet for Futurance India Insurance Brokers Private Limited was filed with the ROC on 31 Mar 2024.

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