Insurance Brokers Association Of India logo

Insurance Brokers Association Of India

Offers various insurance policies and services since 2001 from Mumbai.
2001 | Mumbai, Maharashtra (India) | Active

Last Updated:

November 15, 2024
HomeCompanyInsurance Brokers Association Of India

Who are the key members and board of directors at Insurance Brokers Association Of India?

Board Members(16)

NameDesignationAppointment DateStatus
Surender Kumar In Director 24-Sep-2020Current
Sundaram Venkatavaradan In Director 24-Sep-2020Current
Pavanjitsingh Dhingra In Director 16-Sep-2022Current
Narendrakumar Bharindwal In Director 05-Apr-2018Current
Gurunathan Venkateswaran In Director 24-Sep-2021Current
Ciby Varghese In Director 24-Sep-2019Current

Financial Performance and Corporate Structure Insights of Insurance Brokers Association Of India.

Insurance Brokers Association Of India, for the financial year ended 2023, experienced modest growth in revenue, with a 9.83% increase. The company also saw a substantial improvement in profitability, with a 59.14% increase in profit. The company's net worth moved up by a moderate rise of 3.38%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
9.83%
Revenue from Operations
15.82%
Total Assets
3.41%
Profit or Loss
59.14%
Net Worth
3.38%
EBITDA
57.73%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹20,000,000.00

LenderAmountStatus

Others

Creation Date: 12 Jun 2024
₹2.00 CrOpen

How Many Employees Work at Insurance Brokers Association Of India?

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

Employee Graph

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Rating

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Latest Updates, News, and FAQs on Insurance Brokers Association Of India

Recent activity within the organization

  • Director Appointment

    Monisha Nitin Dossa was appointed as a Director was appointed as a Director on 02 Oct 2024 & has been associated with this company since 2 months 18 days .

    02 Oct 2024

  • Director Appointment

    Abhishek Bondia was appointed as a Director was appointed as a Director on 28 Sep 2024 & has been associated with this company since 2 months 22 days .

    28 Sep 2024

  • Annual General Meeting

    Insurance Brokers Association Of India last Annual general meeting of members was held on 13 Sep 2024 as per latest MCA records.

    13 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 20,000,000.00 with Charge ID 100949099 was registered on 12 Jun 2024.

    12 Jun 2024

  • Balance Sheet

    Insurance Brokers Association Of India has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Sanjeev Gujral was appointed as a Director was appointed as a Director on 16 Sep 2022 & has been associated with this company since 2 years 3 months .

    16 Sep 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Insurance Brokers Association Of India was incorporated on 25 Jul 2001.

  • The authorized share capital of Insurance Brokers Association Of India is ₹ 0.00 and paid-up capital is ₹ 0.90 M.

  • Currently 16 directors are associated with Insurance Brokers Association Of India.

    • Sumit Shantilal Bohra
    • Monisha Nitin Dossa
    • Ashok Kumar Jain
    • Nirmal Bazaz
    • Anurag Kaul
    • Pavanjitsingh Dhingra
    • Gurunathan Venkateswaran
    • Ciby Varghese
    • Abhishek Bondia
    • Sundaram Venkatavaradan
    • Sanjeev Gujral
    • Narendrakumar Bharindwal
    • Surender Tonk Kumar
    • Mohan Sriraman
    • Rashmi Ravi Iyer
    • Venkatesh Naidu Gali Perumal Naidu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Insurance Brokers Association Of India is Mahalaxmi Industrial Estate Unit No. 319 Plot 175 D.S. Barretto Road, Lower Parel India, Mumbai, Maharashtra, 400013.

  • The corporate identification number (CIN) of Insurance Brokers Association Of India is U67120MH2001NPL132860 and the company number is 132860 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Insurance Brokers Association Of India is https://www.ibai.org

  • According to the financial reports for the fiscal year 2023, the revenue trend for Insurance Brokers Association Of India has risen by 9.83%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Insurance Brokers Association Of India has experienced an upsurge of 3.38%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Insurance Brokers Association Of India amount to ₹ 2.00 Cr.

  • The most recent Balance Sheet for Insurance Brokers Association Of India was filed with the ROC on 31 Mar 2024.

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