Karvat Insurance Services Private Limited

Provides insurance brokerage services since 1999, based in Maharashtra.

1999 | Mumbai, Maharashtra (India) | Active
Last Updated:

Karvat Insurance Services Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 25 Year, 6 Months
  • Last Filing with ROC 31 Mar 2021
  • Revenue Growth -16.66%
  • Profit Growth -39.03%
  • Ebitda 26.65%
  • Net Worth 1.57%
  • Total Assets 2.76%

About Karvat Insurance Services

Karvat Insurance Services Private Limited (KISPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 October 1999 and has a history of 25 years and six 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 2021. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Dev Karvat and Bhavi Karvat 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

    U65999MH1999PTC122384

  • Company No.

    122384

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Oct 1999

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services
Company report

Karvat Insurance Services Private Limited

Explore comprehensive data for Karvat Insurance Services Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (2)

NameDesignationAppointment DateStatus
Dev Karvat Country flag representing In Director 23-Oct-2020Current
Bhavi Karvat Country flag representing In Director 15-Oct-2007Current

Financial Performance of Karvat Insurance Services.

Karvat Insurance Services Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 16.66% decrease. The company also saw a substantial fall in profitability, with a 39.03% decrease in profit. The company's net worth moved up by a moderate rise of 1.57%.

Karvat Insurance Services revenue growth over time
Karvat Insurance 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
-16.66%
Revenue from Operations
Total Assets
2.76%
Profit or Loss
-39.03%
Net Worth
1.57%
EBITDA
26.65%

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

In 2021, Karvat 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 Karvat Insurance Services?

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

Employee growth trends for Karvat Insurance Services Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Karvat Insurance Services Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

  • Balance Sheet

    Karvat Insurance Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai.

  • Director Appointment

    Dev Ashok Karvat was appointed as a Director was appointed as a Director on 23 Oct 2020 & has been associated with this company since 4 years 7 months .

  • Director Appointment

    Bhavi Dev Karvat was appointed as a Director was appointed as a Director on 15 Oct 2007 & has been associated with this company since 17 years 7 months .

  • Company Incorporation

    Karvat Insurance Services Private Limited was registered on 26 Oct 1999 with Roc Mumbai & aged 25 years 6 months as per MCA records.

Frequently asked questions

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

    Karvat Insurance Services Private Limited was incorporated on 26 Oct 1999.

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

    The authorized share capital of Karvat Insurance Services Private Limited is ₹ 5.00 M and paid-up capital is ₹ 0.10 M.

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

    Currently 2 directors are associated with Karvat Insurance Services Private Limited.

    • Dev Ashok Karvat
    • Bhavi Dev Karvat

  • What is the registered address of Karvat Insurance Services Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Karvat Insurance Services Private Limited is 26 Madhu Industrial Estate 1St Floor Plot Cs-445 Pandurang Budhkar Marg, Near Century Mil L India, Mumbai, Maharashtra, 400013.

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

    The corporate identification number (CIN) of Karvat Insurance Services Private Limited is U65999MH1999PTC122384 and the company number is 122384 as per Ministry of Corporate Affairs (MCA).

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

    According to the financial reports for the fiscal year 2021, the revenue trend for Karvat Insurance Services Private Limited has fallen by -16.66%.

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

    The financial reports for the fiscal year 2021 indicates that The net worth of Karvat Insurance Services Private Limited has experienced an upsurge of 1.57%.

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

    The most recent Balance Sheet for Karvat Insurance Services Private Limited was filed with the ROC on 31 Mar 2021.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on Insurance Brokerage & Advisory