L And G Insurance Brokers Limited

Insurance broker for general and life insurance, established in 2003.

2003 | Jalandhar, Punjab (India) | Active
Last Updated: January 04, 2025

L And G Insurance Brokers Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 7.50 M
  • Company Age 21 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.50 M
  • Satisfied Charges ₹ 0.80 M
  • Revenue Growth -9.09%
  • Profit Growth -1.91%
  • Ebitda 174.35%
  • Net Worth 6.93%
  • Total Assets 7.71%

About L And G Insurance Brokers

L And G Insurance Brokers Limited (LAGIBL) is a Public Limited Indian Non-Government Company incorporated in India on 30 September 2003 and has a history of 21 years and four months. Its registered office is in Jalandhar, Punjab, 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 7.50 M and a paid-up capital of Rs 7.50 M.

The company currently has active open charges totaling ₹1.50 M. The company has closed loans amounting to ₹0.80 M, as per Ministry of Corporate Affairs (MCA) records.

Kusum Koul, Opender Koul, and Suhail Koul serve as directors at the Company.

Company Details

  • Location

    Jalandhar, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U67200PB2003PLC026416

  • Company No.

    026416

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 Sep 2003

  • Date of AGM

    10 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Financial Services

Who are the key members and board of directors at L And G Insurance Brokers?

Board Members (3)

Name Designation Appointment Date Status
Kusum Koul Country flag representing In Whole-Time Director 31-Oct-2005 Current
Opender Koul Country flag representing In Whole-Time Director 27-Dec-2003 Current
Suhail Koul Country flag representing In Whole-Time Director 15-Jul-2017 Current

Financial Performance of L And G Insurance Brokers.

L And G Insurance Brokers Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 9.09% decrease. The company also saw a slight decrease in profitability, with a 1.91% decrease in profit. The company's net worth moved up by a moderate rise of 6.93%.

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
-9.09%
Revenue from Operations
-8.63%
Total Assets
7.71%
Profit or Loss
-1.91%
Net Worth
6.93%
EBITDA
174.35%

What is the Ownership and Shareholding Structure of L And G Insurance Brokers?

In 2021, L And G Insurance Brokers 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

₹1.50 M

Satisfied Charges

₹0.80 M

Charges Breakdown by Lending Institutions

  • Others : 0.15 Cr

Latest Charge Details

Date Lender Amount Status
10 Aug 2023 Others ₹1.00 M Open
27 Oct 2016 Others ₹0.50 M Open
02 May 2007 Punjab National Bank ₹0.80 M Satisfied

How Many Employees Work at L And G Insurance Brokers?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of L And G 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 L And G 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 L And G Insurance Brokers

Recent activity within the organization

  • Annual General Meeting

    L And G Insurance Brokers Limited last Annual general meeting of members was held on 10 Jul 2024 as per latest MCA records.

    10 Jul 2024

  • Balance Sheet

    L And G Insurance Brokers Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 1.00 M with Charge ID 100763484 was registered on 10 Aug 2023.

    10 Aug 2023

  • Director Appointment

    Suhail Koul was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 15 Jul 2017 & has been associated with this company since 7 years 6 months .

    15 Jul 2017

  • Charges

    A charge with Others amounted to Rs. 0.50 M with Charge ID 100071698 was registered on 27 Oct 2016.

    27 Oct 2016

  • Charges

    A charge registered on 02 May 2007 via Charge ID 10051980 with Punjab National Bank was fully satisfied on 10 Oct 2011.

    10 Oct 2011

Frequently asked questions

  • L And G Insurance Brokers Limited was incorporated on 30 Sep 2003.

  • The authorized share capital of L And G Insurance Brokers Limited is ₹ 7.50 M and paid-up capital is ₹ 7.50 M.

  • Currently 3 directors are associated with L And G Insurance Brokers Limited.

    • Kusum Koul
    • Opender Koul
    • Suhail Koul
  • As per Ministry of Corporate Affairs (Mca), the registered address of L And G Insurance Brokers Limited is 30 Parkash Nagarmodel Town Jalandhar City India, Punjab, 144001.

  • The corporate identification number (CIN) of L And G Insurance Brokers Limited is U67200PB2003PLC026416 and the company number is 026416 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for L And G Insurance Brokers Limited has fallen by -9.09%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of L And G Insurance Brokers Limited has experienced an upsurge of 6.93%.

  • As per the financial statements for fiscal Year 2022, The total open charges for L And G Insurance Brokers Limited amount to ₹ 1.50 M.

  • The most recent Balance Sheet for L And G Insurance Brokers Limited was filed with the ROC on 31 Mar 2024.

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