Glide Insurance Broking Services Private Limited

Provides various insurance services such as unit-linked, pension, and vehicle coverage.

2019 | Rangareddy, Telangana (India) | Active
Last Updated: December 08, 2024

Glide Insurance Broking Services Profile

Key Indicators

  • Authorised Capital ₹ 1.25 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 5 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.22 M
  • Revenue Growth -7.47%
  • Profit Growth -73.46%
  • Ebitda -75.88%
  • Net Worth 6.32%
  • Total Assets 3.65%

About Glide Insurance Broking Services

Glide Insurance Broking Services Private Limited (GIBSPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 February 2019 (Five years and 11 months 29 days old ). Its registered office is in Rangareddy, Telangana, 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 1.25 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹2.22 M.

Polkampalli Ramdev and Polkampally Kumar serve as directors at the Company.

Company Details

  • Location

    Rangareddy, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    glideinsurance.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U66030TG2019PTC130895

  • Company No.

    130895

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Feb 2019

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Financial Services

Who are the key members and board of directors at Glide Insurance Broking Services?

Board Members (2)

NameDesignationAppointment DateStatus
Polkampally Kumar Country flag representing In Director 25-Feb-2019Current
Polkampalli Ramdev Country flag representing In Director 25-Feb-2019Current

Financial Performance of Glide Insurance Broking Services.

Glide Insurance Broking Services Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 7.47% decrease. The company also saw a substantial fall in profitability, with a 73.46% decrease in profit. The company's net worth moved up by a moderate rise of 6.32%.

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
-7.47%
Revenue from Operations
-8.45%
Total Assets
3.65%
Profit or Loss
-73.46%
Net Worth
6.32%
EBITDA
-75.88%

What is the Ownership and Shareholding Structure of Glide Insurance Broking Services?

In 2023, Glide Insurance Broking Services had a public holding of 20.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.22 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 0.22 Cr

Latest Charge Details

DateLenderAmountStatus
07 Oct 2023Axis Bank Limited₹2.22 MOpen

How Many Employees Work at Glide Insurance Broking Services?

Glide Insurance Broking Services has a workforce of 25 employees as of Nov 22, 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 Glide Insurance Broking Services, 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 Glide Insurance Broking Services'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 Glide Insurance Broking Services

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.22 Cr with Charge ID 100853044 was registered on 07 Oct 2023.

    07 Oct 2023

  • Annual General Meeting

    Glide Insurance Broking Services Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Glide Insurance Broking Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Director Appointment

    Polkampalli Ramdev was appointed as a Director was appointed as a Director on 25 Feb 2019 & has been associated with this company since 5 years 11 months .

    25 Feb 2019

  • Director Appointment

    Polkampally Laxman Kumar was appointed as a Director was appointed as a Director on 25 Feb 2019 & has been associated with this company since 5 years 11 months .

    25 Feb 2019

  • Company Incorporation

    Glide Insurance Broking Services Private Limited was registered on 25 Feb 2019 with Roc Hyderabad & aged 5 years 11 months as per MCA records.

    25 Feb 2019

Frequently asked questions

  • Glide Insurance Broking Services Private Limited was incorporated on 25 Feb 2019.

  • The authorized share capital of Glide Insurance Broking Services Private Limited is ₹ 1.25 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 2 directors are associated with Glide Insurance Broking Services Private Limited.

    • Polkampalli Ramdev
    • Polkampally Laxman Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Glide Insurance Broking Services Private Limited is 16Th Floor Kapil Towers It Park Nanakramguda, Serilingampally India, Rangareddi, Telangana, 500032.

  • The corporate identification number (CIN) of Glide Insurance Broking Services Private Limited is U66030TG2019PTC130895 and the company number is 130895 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Glide Insurance Broking Services Private Limited is https://www.glideinsurance.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Glide Insurance Broking Services Private Limited has fallen by -7.47%.

  • As Per 2023 financial reports, 25 employees are currently employed by Glide Insurance Broking Services Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Glide Insurance Broking Services Private Limited has experienced an upsurge of 6.32%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Glide Insurance Broking Services Private Limited amount to ₹ 2.22 M.

  • The most recent Balance Sheet for Glide Insurance Broking Services Private Limited was filed with the ROC on 31 Mar 2023.