Insurance Brokers Association Of India Profile
Key Indicators
- Paid Up Capital ₹ 0.90 M
- Company Age 23 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.00 Cr
- Revenue Growth 9.83%
- Profit Growth 59.14%
- Ebitda 63.95%
- Net Worth 3.38%
- Total Assets 3.41%
About Insurance Brokers Association Of India
Insurance Brokers Association Of India (IBAOI) is a Public Not For Profit Company incorporated in India on 25 July 2001 and has a history of 23 years and seven months. Its registered office is in Mumbai, Maharashtra, 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 2024. It's a company limited by shares with an authorized capital of Rs 0.00 and a paid-up capital of Rs 0.90 M.
The company currently has active open charges totaling ₹2.00 Cr.
Sumit Bohra, Monisha Dossa, Ashok Jain, and Thirteen other members 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
U67120MH2001NPL132860
- Company No.
132860
- Company Classification
Public Not For Profit Company
- Incorporation Date
25 Jul 2001
- Date of AGM
13 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 Insurance Brokers Association Of India?
Board Members (16)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Surender Kumar  | Director | 24-Sep-2020 | Current |
| Sundaram Venkatavaradan | Director | 24-Sep-2020 | Current |
| Pavanjitsingh Dhingra | Director | 16-Sep-2022 | Current |
| Narendrakumar Bharindwal | Director | 05-Apr-2018 | Current |
| Gurunathan Venkateswaran | Director | 24-Sep-2021 | Current |
| Ciby Varghese | Director | 24-Sep-2019 | Current |
Financial Performance 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Insurance Brokers Association Of India?
Unlock access to Insurance Brokers Association Of India's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
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Charges (Loans)
Open Charges
₹20,000,000.00
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 2.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Jun 2024 | Others | ₹2.00 Cr | Open |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Insurance Brokers Association Of India, 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 Insurance Brokers Association Of India's trajectory.
Rating
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
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 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 4 months 30 days .
- 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 5 months 3 days .
- 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.
- Charges
A charge with Others amounted to Rs. 20,000,000.00 with Charge ID 100949099 was registered on 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.
- 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 5 months .
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Insurance Brokers Association Of India?
Insurance Brokers Association Of India was incorporated on 25 Jul 2001.
What is authorized share capital and paid-up capital of Insurance Brokers Association Of India?
The authorized share capital of Insurance Brokers Association Of India is ₹ 0.00 and paid-up capital is ₹ 0.90 M.
Who are the current board members & directors of Insurance Brokers Association Of India?
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
- Venkatesh Naidu Gali Perumal Naidu
- Gurunathan Venkateswaran
- Rashmi Ravi Iyer
- Ciby Varghese
- Abhishek Bondia
- Sundaram Venkatavaradan
- Sanjeev Gujral
- Narendrakumar Bharindwal
- Surender Tonk Kumar
- Mohan Sriraman
What is the registered address of Insurance Brokers Association Of India?
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.
What is the corporate identification number (CIN) and company number of Insurance Brokers Association Of India?
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).
What is the official website of Insurance Brokers Association Of India?
The Official website of Insurance Brokers Association Of India is https://www.ibai.org
What has been the recent revenue trend for Insurance Brokers Association Of India?
According to the financial reports for the fiscal year 2023, the revenue trend for Insurance Brokers Association Of India has risen by 9.83%.
What change has been observed in the net worth of Insurance Brokers Association Of India, and by what percentage?
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%.
What are the total open charges for Insurance Brokers Association Of India?
As per the financial statements for fiscal Year 2023, The total open charges for Insurance Brokers Association Of India amount to ₹ 2.00 Cr.
When was the last Balance Sheet of Insurance Brokers Association Of India filed with the ROC?
The most recent Balance Sheet for Insurance Brokers Association Of India was filed with the ROC on 31 Mar 2024.
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