Innowise Insurance Broking Private Limited

Insurance broking services since 2012, based in Mumbai, Maharashtra.

2012 | Mumbai, Maharashtra (India) | Active
Last Updated: December 25, 2024

Innowise Insurance Broking Profile

Key Indicators

  • Authorised Capital ₹ 7.60 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 13 Year, 12 Days
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 2.92%
  • Profit Growth 162.60%
  • Ebitda 0.61%
  • Net Worth 2.69%
  • Total Assets -5.75%

About Innowise Insurance Broking

Innowise Insurance Broking Private Limited (IIBPL) is a Private Limited Indian Non-Government Company incorporated in India on 19 January 2012 and has a history of 13 years. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Niswaarth Tradlinks Private Limited. 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 7.60 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Umesh Kumar and Lakshmi Dwarkani 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

    U51909MH2012PTC226198

  • Company No.

    226198

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Jan 2012

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Innowise Insurance Broking?

Board Members (2)

NameDesignationAppointment DateStatus
Umesh Kumar Country flag representing In Director 13-Jul-2013Current
Lakshmi Dwarkani Country flag representing In Director 30-Oct-2013Current

Financial Performance of Innowise Insurance Broking.

Innowise Insurance Broking Private Limited, for the financial year ended 2020, experienced modest growth in revenue, with a 2.92% increase. The company also saw a substantial improvement in profitability, with a 162.6% increase in profit. The company's net worth moved up by a moderate rise of 2.69%.

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
2.92%
Revenue from Operations
Total Assets
-5.75%
Profit or Loss
162.60%
Net Worth
2.69%
EBITDA
0.61%

What is the Ownership and Shareholding Structure of Innowise Insurance Broking?

In 2017, Innowise Insurance Broking 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 Innowise Insurance Broking?

Unlock and access historical data on people associated with Innowise Insurance Broking, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Innowise Insurance Broking, 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 Innowise Insurance Broking'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 Innowise Insurance Broking

Recent activity within the organization

  • Annual General Meeting

    Innowise Insurance Broking Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Director Appointment

    Lakshmi Narayan Dwarkani was appointed as a Director was appointed as a Director on 30 Oct 2013 & has been associated with this company since 11 years 3 months .

    30 Oct 2013

  • Director Appointment

    Umesh Daga Kumar was appointed as a Director was appointed as a Director on 13 Jul 2013 & has been associated with this company since 11 years 6 months .

    13 Jul 2013

  • Company Incorporation

    Innowise Insurance Broking Private Limited was registered on 19 Jan 2012 with Roc Mumbai & aged 13 years 12 days as per MCA records.

    19 Jan 2012

Frequently asked questions

  • Innowise Insurance Broking Private Limited was incorporated on 19 Jan 2012.

  • The authorized share capital of Innowise Insurance Broking Private Limited is ₹ 7.60 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Innowise Insurance Broking Private Limited.

    • Umesh Daga Kumar
    • Lakshmi Narayan Dwarkani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Innowise Insurance Broking Private Limited is A 502 The Summit Business Bay Andheri Kurla Road Near Weh Metro Statio N India, Mumbai, Maharashtra, 400093.

  • The corporate identification number (CIN) of Innowise Insurance Broking Private Limited is U51909MH2012PTC226198 and the company number is 226198 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Innowise Insurance Broking Private Limited has risen by 2.92%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Innowise Insurance Broking Private Limited has experienced an upsurge of 2.69%.

  • The most recent Balance Sheet for Innowise Insurance Broking Private Limited was filed with the ROC on 31 Mar 2024.

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