Ideal Insurance Brokers Private Limited

Insurance brokerage services for corporate and individual clients in India since 2005.

2005 | Kolkata, West Bengal (India) | Active
Last Updated: July 05, 2024

Ideal Insurance Brokers Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 5.54 Cr
  • Company Age 20 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.80 Cr
  • Revenue Growth 59.99%
  • Profit Growth 57.06%
  • Ebitda 25.85%
  • Net Worth 33.02%
  • Total Assets 83.45%

About Ideal Insurance Brokers

Ideal Insurance Brokers Private Limited (IIBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 January 2005 and has a history of 20 years and one month. Its registered office is in Kolkata, West Bengal, 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 7.00 Cr and a paid-up capital of Rs 5.54 Cr.

The company currently has active open charges totaling ₹7.80 Cr.

Chandra Garg, Rahul Agarwal, and Ravi Kothari serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    idealinsurance.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65929WB2005PTC101118

  • Company No.

    101118

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Jan 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Financial Services

What products or services does Ideal Insurance Brokers Private Limited offer?

Ideal Insurance Brokers Private Limited offers a wide range of products and services, including Property Insurance, Shop Insurance Service, Insurance Service, Health Insurance, Insurance Agents and Services.

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

Board Members (3)

NameDesignationAppointment DateStatus
Rahul Agarwal Country flag representing In Director 13-Jan-2005Current
Chandra Garg Country flag representing In Director 01-Feb-2022Current
Ravi Kothari Country flag representing In Director 29-Mar-2012Current

Financial Performance of Ideal Insurance Brokers.

Ideal Insurance Brokers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 59.99% increase. The company also saw a substantial improvement in profitability, with a 57.06% increase in profit. The company's net worth Soared by an impressive increase of 33.02%.

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
59.99%
Revenue from Operations
59.69%
Total Assets
83.45%
Profit or Loss
57.06%
Net Worth
33.02%
EBITDA
25.85%

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

In 2023, Ideal Insurance Brokers had a promoter holding of 82.98% and a public holding of 17.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹7.80 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 6.60 Cr
  • Hdfc Bank Limited : 1.20 Cr

Latest Charge Details

DateLenderAmountStatus
06 Jan 2024Others₹3.60 MOpen
06 Jan 2024Others₹4.90 MOpen
16 May 2023Hdfc Bank Limited₹1.20 CrOpen
21 Sep 2022Others₹5.75 CrOpen

How Many Employees Work at Ideal Insurance Brokers?

Ideal Insurance Brokers has a workforce of 170 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 Ideal 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 Ideal 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 Ideal Insurance Brokers

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 0.36 Cr with Charge ID 100873752 was registered on 06 Jan 2024.

    06 Jan 2024

  • Charges

    A charge with Others amounted to Rs. 0.49 Cr with Charge ID 100873882 was registered on 06 Jan 2024.

    06 Jan 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.20 Cr with Charge ID 100737248 was registered on 16 May 2023.

    16 May 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 5.75 Cr with Charge ID 100662971 was registered on 21 Sep 2022.

    21 Sep 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Ideal Insurance Brokers Private Limited was incorporated on 13 Jan 2005.

  • The authorized share capital of Ideal Insurance Brokers Private Limited is ₹ 7.00 Cr and paid-up capital is ₹ 5.54 Cr.

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

    • Chandra Mohan Garg
    • Rahul Agarwal
    • Ravi Kothari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ideal Insurance Brokers Private Limited is 23 Townshend Road, Kolkata, West Bengal, India, 700025.

  • The corporate identification number (CIN) of Ideal Insurance Brokers Private Limited is U65929WB2005PTC101118 and the company number is 101118 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ideal Insurance Brokers Private Limited is https://www.idealinsurance.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ideal Insurance Brokers Private Limited has risen by 59.99%.

  • As Per 2023 financial reports, 170 employees are currently employed by Ideal Insurance Brokers Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ideal Insurance Brokers Private Limited has experienced an upsurge of 33.02%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ideal Insurance Brokers Private Limited amount to ₹ 7.80 Cr.

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

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