Inspire Insurance Services Private Limited

Provides insurance brokerage and agency services for various types of insurance plans.

2011 | Surat, Gujarat (India) | Active
Last Updated: December 27, 2024

Inspire Insurance Services Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 13 Year, 9 Months
  • Last Filing with ROC 31 Mar 2019
  • Revenue Growth -99.56%
  • Profit Growth 79.15%
  • Ebitda 90.77%
  • Net Worth -171.54%
  • Total Assets -42.27%

About Inspire Insurance Services

Inspire Insurance Services Private Limited (IISPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 May 2011 and has a history of 13 years and nine months. Its registered office is in Surat, Gujarat, 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 2019. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Rajendra Desai, Dharesh Desai, Varsha Desai, and One other member serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U66010GJ2011PTC065325

  • Company No.

    065325

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 May 2011

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Financial Services

Who are the key members and board of directors at Inspire Insurance Services?

Board Members (4)

NameDesignationAppointment DateStatus
Rajendra Desai Country flag representing In Director 06-May-2011Current
Dharesh Desai Country flag representing In Director 06-May-2011Current
Varsha Desai Country flag representing In Director 06-May-2011Current
Falguni Desai Country flag representing In Director 06-May-2011Current

Financial Performance of Inspire Insurance Services.

Inspire Insurance Services Private Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 99.56% decrease. The company also saw a substantial improvement in profitability, with a 79.15% increase in profit. The company's net worth observed a substantial decline by a decrease of 171.54%.

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
-99.56%
Revenue from Operations
-99.93%
Total Assets
-42.27%
Profit or Loss
79.15%
Net Worth
-171.54%
EBITDA
90.77%

What is the Ownership and Shareholding Structure of Inspire Insurance Services?

In 2018, Inspire Insurance Services 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 Inspire Insurance Services?

Unlock and access historical data on people associated with Inspire Insurance Services, 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 Inspire Insurance Services, 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 Inspire Insurance Services'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 Inspire Insurance Services

Recent activity within the organization

  • Annual General Meeting

    Inspire Insurance Services Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    Inspire Insurance Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Ahmedabad.

    31 Mar 2019

  • Director Appointment

    Rajendra Ramanlal Desai was appointed as a Director was appointed as a Director on 06 May 2011 & has been associated with this company since 13 years 9 months .

    06 May 2011

  • Director Appointment

    Dharesh Rajendra Desai was appointed as a Director was appointed as a Director on 06 May 2011 & has been associated with this company since 13 years 9 months .

    06 May 2011

  • Director Appointment

    Varsha Rajendra Desai was appointed as a Director was appointed as a Director on 06 May 2011 & has been associated with this company since 13 years 9 months .

    06 May 2011

  • Director Appointment

    Falguni Dharesh Desai was appointed as a Director was appointed as a Director on 06 May 2011 & has been associated with this company since 13 years 9 months .

    06 May 2011

Frequently asked questions

  • Inspire Insurance Services Private Limited was incorporated on 06 May 2011.

  • The authorized share capital of Inspire Insurance Services Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 4 directors are associated with Inspire Insurance Services Private Limited.

    • Rajendra Ramanlal Desai
    • Dharesh Rajendra Desai
    • Varsha Rajendra Desai
    • Falguni Dharesh Desai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Inspire Insurance Services Private Limited is 201 Centre Point, Near Kadiwala High School Ring Road India, Surat, Gujarat, 395002.

  • The corporate identification number (CIN) of Inspire Insurance Services Private Limited is U66010GJ2011PTC065325 and the company number is 065325 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2018, the revenue trend for Inspire Insurance Services Private Limited has fallen by -99.56%.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Inspire Insurance Services Private Limited has experienced an downturn of -171.54%.

  • The most recent Balance Sheet for Inspire Insurance Services Private Limited was filed with the ROC on 31 Mar 2019.