Insutech Insurance Broking Services Private Limited

Provides insurance brokerage and agency services, including fire, marine, engineering, and liability insurance.

2000 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Insutech Insurance Broking Services Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 7.50 M
  • Company Age 24 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.00 M
  • Revenue Growth 10.95%
  • Profit Growth -4.51%
  • Ebitda 60.38%
  • Net Worth 15.12%
  • Total Assets 33.11%

About Insutech Insurance Broking Services

Insutech Insurance Broking Services Private Limited (IIBSPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 July 2000 and has a history of 24 years and eight months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Insutech Services 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 7.50 M and a paid-up capital of Rs 7.50 M.

The company currently has active open charges totaling ₹4.00 M.

Aesha Shah and Kgovindan serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U93090GJ2000PTC038451

  • Company No.

    038451

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Jul 2000

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Financial Services

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

Board Members (2)

NameDesignationAppointment DateStatus
Aesha Shah Country flag representing In Director 28-Jul-2000Current
Kgovindan Country flag representing In Director 19-Jun-2004Current

Financial Performance of Insutech Insurance Broking Services.

Insutech Insurance Broking Services Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 10.95% increase. The company also saw a slight decrease in profitability, with a 4.51% decrease in profit. The company's net worth Soared by an impressive increase of 15.12%.

Insutech Insurance Broking Services revenue growth over time
Insutech Insurance Broking Services 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
10.95%
Revenue from Operations
15.93%
Total Assets
33.11%
Profit or Loss
-4.51%
Net Worth
15.12%
EBITDA
60.38%

What is the Ownership and Shareholding Structure of Insutech Insurance Broking Services?

In 2021, Insutech Insurance Broking 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)

Open Charges

₹4.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.40 Cr

Latest Charge Details

DateLenderAmountStatus
01 May 2021Hdfc Bank Limited₹2.00 MOpen
01 May 2021Hdfc Bank Limited₹2.00 MOpen

How Many Employees Work at Insutech Insurance Broking Services?

Insutech Insurance Broking Services has a workforce of 5 employees as of Apr 10, 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.

Employee growth trends for Insutech Insurance Broking Services Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Insutech Insurance Broking 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 Insutech Insurance Broking 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 Insutech Insurance Broking Services

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

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

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.00 M with Charge ID 100453802 was registered on 01 May 2021.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.00 M with Charge ID 100453803 was registered on 01 May 2021.

  • Director Appointment

    Kgovindan was appointed as a Director was appointed as a Director on 19 Jun 2004 & has been associated with this company since 20 years 9 months .

  • Director Appointment

    Aesha Shirishbhai Shah was appointed as a Director was appointed as a Director on 28 Jul 2000 & has been associated with this company since 24 years 8 months .

Frequently asked questions

  • What is the Incorporation or founding date of Insutech Insurance Broking Services Private Limited?

    Insutech Insurance Broking Services Private Limited was incorporated on 28 Jul 2000.

  • What is authorized share capital and paid-up capital of Insutech Insurance Broking Services Private Limited?

    The authorized share capital of Insutech Insurance Broking Services Private Limited is ₹ 7.50 M and paid-up capital is ₹ 7.50 M.

  • Who are the current board members & directors of Insutech Insurance Broking Services Private Limited?

    Currently 2 directors are associated with Insutech Insurance Broking Services Private Limited.

    • Aesha Shirishbhai Shah
    • Kgovindan
  • What is the registered address of Insutech Insurance Broking Services Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Insutech Insurance Broking Services Private Limited is 503, Abhijeet-1 Near Mithkhali Six Road Circle Navrangpura India, Ahmedabad, Gujarat, 380009.

  • What is the corporate identification number (CIN) and company number of Insutech Insurance Broking Services Private Limited?

    The corporate identification number (CIN) of Insutech Insurance Broking Services Private Limited is U93090GJ2000PTC038451 and the company number is 038451 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Insutech Insurance Broking Services Private Limited?

    The Official website of Insutech Insurance Broking Services Private Limited is https://www.insutech.co.in

  • What has been the recent revenue trend for Insutech Insurance Broking Services Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Insutech Insurance Broking Services Private Limited has risen by 10.95%.

  • How many employees does Insutech Insurance Broking Services Private Limited currently have?

    As Per 2022 financial reports, 5 employees are currently employed by Insutech Insurance Broking Services Private Limited.

  • What change has been observed in the net worth of Insutech Insurance Broking Services Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Insutech Insurance Broking Services Private Limited has experienced an upsurge of 15.12%.

  • What are the total open charges for Insutech Insurance Broking Services Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Insutech Insurance Broking Services Private Limited amount to ₹ 4.00 M.

  • When was the last Balance Sheet of Insutech Insurance Broking Services Private Limited filed with the ROC?

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

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