Grover Insurance Brokers Private Limited

Founded in 2020 and headquartered in Punjab, India.

2020 | Ludhiana, Punjab (India) | Active
Last Updated: December 12, 2024

Grover Insurance Brokers Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 7.50 M
  • Company Age 4 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth %
  • Profit Growth -1510.28%
  • Ebitda -2173.11%
  • Net Worth
  • Total Assets 22.57%

About Grover Insurance Brokers

Grover Insurance Brokers Private Limited (GIBPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 September 2020 (Four years and four months 22 days old ). Its registered office is in Ludhiana, Punjab, 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 1.00 Cr and a paid-up capital of Rs 7.50 M, as per Ministry of Corporate Affairs (MCA) records.

Charanpreet Singh, Jasdeep Singh, and Amandeep Kaur serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    grovercare.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U66000PB2020PTC051944

  • Company No.

    051944

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Sep 2020

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Financial Services

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

Board Members (3)

Name Designation Appointment Date Status
Charanpreet Singh Country flag representing In Director 23-Sep-2020 Current
Jasdeep Singh Country flag representing In Director 23-Sep-2020 Current
Amandeep Kaur Country flag representing In Additional Director 30-May-2023 Current

Financial Performance of Grover Insurance Brokers.

Grover Insurance Brokers Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 1510.28% decrease 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
Revenue from Operations
Total Assets
22.57%
Profit or Loss
-1510.28%
Net Worth
EBITDA
-2173.11%

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

In 2023, Grover Insurance Brokers had a promoter holding of 50.00%. 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 Grover Insurance Brokers?

Grover Insurance Brokers has a workforce of 9 employees as of Apr 08, 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 Grover 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 Grover 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 Grover Insurance Brokers

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Director Appointment

    Amandeep Kaur was appointed as a Additional Director was appointed as a Additional Director on 30 May 2023 & has been associated with this company since 1 year 8 months .

    30 May 2023

  • Balance Sheet

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

    31 Mar 2023

  • Director Appointment

    Charanpreet Singh was appointed as a Director was appointed as a Director on 23 Sep 2020 & has been associated with this company since 4 years 4 months .

    23 Sep 2020

  • Director Appointment

    Jasdeep Singh was appointed as a Director was appointed as a Director on 23 Sep 2020 & has been associated with this company since 4 years 4 months .

    23 Sep 2020

  • Company Incorporation

    Grover Insurance Brokers Private Limited was registered on 23 Sep 2020 with Roc Chandigarh & aged 4 years 4 months as per MCA records.

    23 Sep 2020

Frequently asked questions

  • Grover Insurance Brokers Private Limited was incorporated on 23 Sep 2020.

  • The authorized share capital of Grover Insurance Brokers Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 7.50 M.

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

    • Charanpreet Singh
    • Jasdeep Singh
    • Amandeep Kaur
  • As per Ministry of Corporate Affairs (Mca), the registered address of Grover Insurance Brokers Private Limited is B-Xxix-532 G.T. Road, Opp. Dhandari Kalan Railway Station India, Ludhiana, Punjab, 141010.

  • The corporate identification number (CIN) of Grover Insurance Brokers Private Limited is U66000PB2020PTC051944 and the company number is 051944 as per Ministry of Corporate Affairs (MCA).

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

  • As Per 2022 financial reports, 9 employees are currently employed by Grover Insurance Brokers Private Limited.

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