Grovalue Insurance Broker Private Limited logo

Grovalue Insurance Broker Private Limited

Provides various insurance services such as life, health, motor, and home insurance in India.
2014 | Mumbai, Maharashtra (India) | Active

Last Updated:

July 03, 2024
HomeCompanyGrovalue Insurance Broker Private Limited

Who are the key members and board of directors at Grovalue Insurance Broker?

Executive Team (1)

NameDesignationAppointment DateStatus
Devesh Gupta InManaging Director11-Aug-2014Current

Board Members(2)

NameDesignationAppointment DateStatus
Divya Chopda In Additional Director 02-Aug-2021Current
Vinit Chopda In Director 11-Aug-2014Current

Financial Performance of Grovalue Insurance Broker.

Grovalue Insurance Broker Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 42.34% increase. The company also saw a substantial fall in profitability, with a 615.85% decrease in profit. The company's net worth Soared by an impressive increase of 13.8%.

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Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
42.34%
Revenue from Operations
46.30%
Total Assets
8.23%
Profit or Loss
-615.85%
Net Worth
13.80%
EBITDA
-396.96%

Related Corporates (Common Directorship)

Charges (Loans)

Charges

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

How Many Employees Work at Grovalue Insurance Broker?

Grovalue Insurance Broker has a workforce of 8 employees as of Mar 20, 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.

Employee Graph

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Latest Updates, News, and FAQs on Grovalue Insurance Broker

Recent activity within the organization

  • Annual General Meeting

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

    29 Sep 2023

  • Balance Sheet

    Grovalue Insurance Broker Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Divya Chopda was appointed as a Additional Director was appointed as a Additional Director on 02 Aug 2021 & has been associated with this company since 3 years 4 months .

    02 Aug 2021

  • Director Appointment

    Vinit Chopda was appointed as a Director was appointed as a Director on 11 Aug 2014 & has been associated with this company since 10 years 4 months .

    11 Aug 2014

  • Director Appointment

    Devesh Chandrabhan Gupta was appointed as a Managing Director was appointed as a Managing Director on 11 Aug 2014 & has been associated with this company since 10 years 4 months .

    11 Aug 2014

  • Company Incorporation

    Grovalue Insurance Broker Private Limited was registered on 11 Aug 2014 with Roc Mumbai & aged 10 years 4 months as per MCA records.

    11 Aug 2014

Frequently asked questions

  • Grovalue Insurance Broker Private Limited was incorporated on 11 Aug 2014.

  • The authorized share capital of Grovalue Insurance Broker Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 3 directors are associated with Grovalue Insurance Broker Private Limited.

    • Divya Chopda
    • Vinit Chopda
    • Devesh Chandrabhan Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Grovalue Insurance Broker Private Limited is 5 Floor-2Nd 64B Bansilal Building Jagannath, Shankar Seth Marg Opera House Girgaon, Mumbai, Maharashtra, India, 400004.

  • The corporate identification number (CIN) of Grovalue Insurance Broker Private Limited is U65924MH2014PTC257068 and the company number is 257068 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Grovalue Insurance Broker Private Limited is https://www.grovalueinsurance.in

  • According to the financial reports for the fiscal year 2019, the revenue trend for Grovalue Insurance Broker Private Limited has risen by 42.34%.

  • As Per 2019 financial reports, 8 employees are currently employed by Grovalue Insurance Broker Private Limited.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Grovalue Insurance Broker Private Limited has experienced an upsurge of 13.80%.

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

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