Gramcover Insurance Brokers Private Limited

Financial and insurance services, specializing in risk assessment and product design for rural India.

2016 | South Delhi, Delhi (India) | Active
Last Updated: June 30, 2024

Gramcover Insurance Brokers Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 5.04 Cr
  • Company Age 8 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 41.38%
  • Profit Growth 60.18%
  • Ebitda 38.51%
  • Net Worth -2.85%
  • Total Assets 22.83%

About Gramcover Insurance Brokers

Gramcover Insurance Brokers Private Limited (GIBPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 March 2016 (Eight years and 11 months 22 days old ). Its registered office is in South Delhi, Delhi, 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 6.00 Cr and a paid-up capital of Rs 5.04 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jatin Singh and Vikas Mahajan serve as directors at the Company.

Company Details

  • Location

    South Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    gramcover.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U66000DL2016PTC292037

  • Company No.

    292037

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Mar 2016

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Financial Services

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

Board Members (2)

NameDesignationAppointment DateStatus
Jatin Singh Country flag representing In Director 16-Feb-2018Current
Vikas Mahajan Country flag representing In Director 16-Dec-2021Current

Financial Performance of Gramcover Insurance Brokers.

Gramcover Insurance Brokers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 41.38% increase. The company also saw a substantial improvement in profitability, with a 60.18% increase in profit. The company's net worth dipped by a decrease of 2.85%.

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
41.38%
Revenue from Operations
41.15%
Total Assets
22.83%
Profit or Loss
60.18%
Net Worth
-2.85%
EBITDA
38.51%

What is the Ownership and Shareholding Structure of Gramcover Insurance Brokers?

In 2022, Gramcover 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.

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 Gramcover Insurance Brokers?

Gramcover Insurance Brokers has a workforce of 36 employees as of Apr 07, 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 Gramcover 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 Gramcover 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 Gramcover Insurance Brokers

Recent activity within the organization

  • Annual General Meeting

    Gramcover Insurance Brokers Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Director Appointment

    Vikas Mahajan was appointed as a Director was appointed as a Director on 16 Dec 2021 & has been associated with this company since 3 years 2 months .

    16 Dec 2021

  • Director Appointment

    Jatin Singh was appointed as a Director was appointed as a Director on 16 Feb 2018 & has been associated with this company since 7 years 7 days .

    16 Feb 2018

  • Company Incorporation

    Gramcover Insurance Brokers Private Limited was registered on 03 Mar 2016 with Roc Delhi & aged 8 years 11 months as per MCA records.

    03 Mar 2016

Frequently asked questions

  • Gramcover Insurance Brokers Private Limited was incorporated on 03 Mar 2016.

  • The authorized share capital of Gramcover Insurance Brokers Private Limited is ₹ 6.00 Cr and paid-up capital is ₹ 5.04 Cr.

  • Currently 2 directors are associated with Gramcover Insurance Brokers Private Limited.

    • Jatin Singh
    • Vikas Mahajan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gramcover Insurance Brokers Private Limited is 109 Kusal Bazar, 32-33 Nehru Place, New Delhi, India, 110019.

  • The corporate identification number (CIN) of Gramcover Insurance Brokers Private Limited is U66000DL2016PTC292037 and the company number is 292037 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Gramcover Insurance Brokers Private Limited is https://www.gramcover.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Gramcover Insurance Brokers Private Limited has risen by 41.38%.

  • As Per 2023 financial reports, 36 employees are currently employed by Gramcover Insurance Brokers Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Gramcover Insurance Brokers Private Limited has experienced an downturn of -2.85%.

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

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