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:

Grovalue Insurance Broker Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 10 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 42.34%
  • Profit Growth -615.85%
  • Ebitda -396.96%
  • Net Worth 13.80%
  • Total Assets 8.23%

About Grovalue Insurance Broker

Grovalue Insurance Broker Private Limited (GIBPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 August 2014 and has a history of Ten years and eight months. Its registered office is in Mumbai, Maharashtra, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Roshni Sethi and Ankit Sethi serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65924MH2014PTC257068

  • Company No.

    257068

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Aug 2014

  • Date of AGM

    30 May 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services
Company report

Grovalue Insurance Broker Private Limited

Explore comprehensive data for Grovalue Insurance Broker Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (2)

NameDesignationAppointment DateStatus
Roshni Sethi Country flag representing In Director 10-Jun-2024Current
Ankit Sethi Country flag representing In Director 10-Jun-2024Current

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%.

Grovalue Insurance Broker revenue growth over time
Grovalue Insurance Broker 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
42.34%
Revenue from Operations
46.30%
Total Assets
8.23%
Profit or Loss
-615.85%
Net Worth
13.80%
EBITDA
-396.96%

What is the Ownership and Shareholding Structure of Grovalue Insurance Broker?

In 2019, Grovalue Insurance Broker 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 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 growth trends for Grovalue Insurance Broker Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Grovalue Insurance Broker, 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 Grovalue Insurance Broker'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 Grovalue Insurance Broker

Recent activity within the organization

  • Director Appointment

    Roshni Sethi was appointed as a Director was appointed as a Director on 10 Jun 2024 & has been associated with this company since 10 months 16 days .

  • Director Appointment

    Ankit Sethi was appointed as a Director was appointed as a Director on 10 Jun 2024 & has been associated with this company since 10 months 16 days .

  • Annual General Meeting

    Grovalue Insurance Broker Private Limited last Annual general meeting of members was held on 30 May 2024 as per latest MCA records.

  • Balance Sheet

    Grovalue Insurance Broker Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Company Incorporation

    Grovalue Insurance Broker Private Limited was registered on 11 Aug 2014 with Roc Mumbai & aged 10 years 8 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Grovalue Insurance Broker Private Limited?

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

  • What is authorized share capital and paid-up capital of Grovalue Insurance Broker Private Limited?

    The authorized share capital of Grovalue Insurance Broker Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.00 Cr.

  • Who are the current board members & directors of Grovalue Insurance Broker Private Limited?

    Currently 2 directors are associated with Grovalue Insurance Broker Private Limited.

    • Roshni Sethi
    • Ankit Sethi
  • What is the registered address of Grovalue Insurance Broker Private Limited?

    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 India, Mumbai, Maharashtra, 400004.

  • What is the corporate identification number (CIN) and company number of Grovalue Insurance Broker Private Limited?

    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).

  • What is the official website of Grovalue Insurance Broker Private Limited?

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

  • What has been the recent revenue trend for Grovalue Insurance Broker Private Limited?

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

  • How many employees does Grovalue Insurance Broker Private Limited currently have?

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

  • What change has been observed in the net worth of Grovalue Insurance Broker Private Limited, and by what percentage?

    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%.

  • When was the last Balance Sheet of Grovalue Insurance Broker Private Limited filed with the ROC?

    The most recent Balance Sheet for Grovalue Insurance Broker Private Limited was filed with the ROC on 31 Mar 2024.

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