Insugo Insurance Brokers Private Limited

Provides insurance broking services including audit, claims management, and various types of insurance.

2018 | Hyderabad, Telangana (India) | Active
Last Updated: December 05, 2024

Insugo Insurance Brokers Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 8.50 M
  • Company Age 6 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 96.12%
  • Profit Growth 311.71%
  • Ebitda 674.45%
  • Net Worth 50.73%
  • Total Assets 68.55%

About Insugo Insurance Brokers

Insugo Insurance Brokers Private Limited (IIBPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 December 2018 (Six years and one month 22 days old ). Its registered office is in Hyderabad, Telangana, 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 8.50 M, as per Ministry of Corporate Affairs (MCA) records.

Venkatamohana Akula and Syamsundar Pabbathi serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    insugo.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U66010TG2018PTC129252

  • Company No.

    129252

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Dec 2018

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Financial Services

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

Board Members (2)

Name Designation Appointment Date Status
Venkatamohana Akula Country flag representing In Director 21-Dec-2018 Current
Syamsundar Pabbathi Country flag representing In Director 03-Jul-2020 Current

Financial Performance of Insugo Insurance Brokers.

Insugo Insurance Brokers Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 96.12% increase. The company also saw a substantial improvement in profitability, with a 311.71% increase in profit. The company's net worth Soared by an impressive increase of 50.73%.

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
96.12%
Revenue from Operations
101.46%
Total Assets
68.55%
Profit or Loss
311.71%
Net Worth
50.73%
EBITDA
674.45%

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

In 2021, Insugo Insurance Brokers had a promoter holding of 95.76% and a public holding of 4.24%. 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 Insugo Insurance Brokers?

Insugo Insurance Brokers has a workforce of 37 employees as of Apr 09, 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 Insugo 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 Insugo 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 Insugo Insurance Brokers

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Director Appointment

    Syamsundar Pabbathi was appointed as a Director was appointed as a Director on 03 Jul 2020 & has been associated with this company since 4 years 7 months .

    03 Jul 2020

  • Director Appointment

    Venkatamohana Vamsi Krishna Akula was appointed as a Director was appointed as a Director on 21 Dec 2018 & has been associated with this company since 6 years 1 month .

    21 Dec 2018

  • Company Incorporation

    Insugo Insurance Brokers Private Limited was registered on 21 Dec 2018 with Roc Hyderabad & aged 6 years 1 month as per MCA records.

    21 Dec 2018

Frequently asked questions

  • Insugo Insurance Brokers Private Limited was incorporated on 21 Dec 2018.

  • The authorized share capital of Insugo Insurance Brokers Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 8.50 M.

  • Currently 2 directors are associated with Insugo Insurance Brokers Private Limited.

    • Venkatamohana Vamsi Krishna Akula
    • Syamsundar Pabbathi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Insugo Insurance Brokers Private Limited is Flat No. G1 The Address Home Apartments 1-104/22A Plot No 16, Madhapur India, Shaikpet, Telangana, 500081.

  • The corporate identification number (CIN) of Insugo Insurance Brokers Private Limited is U66010TG2018PTC129252 and the company number is 129252 as per Ministry of Corporate Affairs (MCA).

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

  • According to the financial reports for the fiscal year 2022, the revenue trend for Insugo Insurance Brokers Private Limited has risen by 96.12%.

  • As Per 2022 financial reports, 37 employees are currently employed by Insugo Insurance Brokers Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Insugo Insurance Brokers Private Limited has experienced an upsurge of 50.73%.

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

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