Lorven Insurance Broking Services Private Limited

Provides insurance broking services since 2006, based in Hyderabad, Telangana.

2006 | Hyderabad, Telangana (India) | Active
Last Updated: December 27, 2024

Lorven Insurance Broking Services Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 18 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 37.02%
  • Profit Growth 31.47%
  • Ebitda 36.42%
  • Net Worth 28.98%
  • Total Assets 43.32%

About Lorven Insurance Broking Services

Lorven Insurance Broking Services Private Limited (LIBSPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 July 2006 and has a history of 18 years and seven months. Its registered office is in Hyderabad, Telangana, India.

The Corporate was formerly known as Lorven Insurance 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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Bhaskarbabu Alam and Jaya Alam serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    lorveninsurance.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U67200TG2006PTC050668

  • Company No.

    050668

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Jul 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Financial Services

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

Board Members (2)

NameDesignationAppointment DateStatus
Bhaskarbabu Alam Country flag representing In Director 20-Jul-2006Current
Jaya Alam Country flag representing In Director 20-Jul-2006Current

Financial Performance of Lorven Insurance Broking Services.

Lorven Insurance Broking Services Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 37.02% increase. The company also saw a substantial improvement in profitability, with a 31.47% increase in profit. The company's net worth Soared by an impressive increase of 28.98%.

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
37.02%
Revenue from Operations
11.50%
Total Assets
43.32%
Profit or Loss
31.47%
Net Worth
28.98%
EBITDA
36.42%

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

In 2021, Lorven Insurance Broking Services had a promoter holding of 70.00% and a public holding of 30.00%. 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 Lorven Insurance Broking Services?

Unlock and access historical data on people associated with Lorven Insurance Broking Services, 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 Lorven 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 Lorven 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 Lorven Insurance Broking Services

Recent activity within the organization

  • Annual General Meeting

    Lorven Insurance Broking Services Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Lorven Insurance Broking Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Director Appointment

    Bhaskarbabu Alam was appointed as a Director was appointed as a Director on 20 Jul 2006 & has been associated with this company since 18 years 7 months .

    20 Jul 2006

  • Director Appointment

    Jaya Bhaskar Alam was appointed as a Director was appointed as a Director on 20 Jul 2006 & has been associated with this company since 18 years 7 months .

    20 Jul 2006

  • Company Incorporation

    Lorven Insurance Broking Services Private Limited was registered on 20 Jul 2006 with Roc Hyderabad & aged 18 years 7 months as per MCA records.

    20 Jul 2006

Frequently asked questions

  • Lorven Insurance Broking Services Private Limited was incorporated on 20 Jul 2006.

  • The authorized share capital of Lorven Insurance Broking Services Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

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

    • Bhaskarbabu Alam
    • Jaya Bhaskar Alam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Lorven Insurance Broking Services Private Limited is Mig 426 Flat No 201 Annapurna Nilayam Phase 1 2 Road 3, Kphb Colony India, Tirumalagiri, Telangana, 500072.

  • The corporate identification number (CIN) of Lorven Insurance Broking Services Private Limited is U67200TG2006PTC050668 and the company number is 050668 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Lorven Insurance Broking Services Private Limited is https://www.lorveninsurance.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Lorven Insurance Broking Services Private Limited has risen by 37.02%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Lorven Insurance Broking Services Private Limited has experienced an upsurge of 28.98%.

  • The most recent Balance Sheet for Lorven Insurance Broking Services Private Limited was filed with the ROC on 31 Mar 2023.