Loyal Insurance Brokers Profile
Key Indicators
- Authorised Capital ₹ 1.10 Cr
as on 29-06-2024
- Paid Up Capital ₹ 7.16 M
as on 29-06-2024
- Company Age 24 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Revenue 21.52%
(FY 2023)
- Profit -512.51%
(FY 2023)
- Ebitda -242.85%
(FY 2023)
- Net Worth -2.01%
(FY 2023)
- Total Assets -2.67%
(FY 2023)
About Loyal Insurance Brokers
The Corporate was formerly known as Loyal Insurance Services 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 1.10 Cr and a paid-up capital of Rs 7.16 M, as per Ministry of Corporate Affairs (MCA) records.
Jatin Udani, Prabhakar Shah, and Sohag Shah serve as directors at the Company.
- CIN/LLPIN
U66000MH2000PLC123933
- Company No.
123933
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
31 Jan 2000
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Loyal Insurance Brokers Limited offer?
Loyal Insurance Brokers Limited offers a wide range of products and services, including Insurance Service, Travel Insurance, Insurance Agents and Services, Industrial Insurance Services, Marine Insurance, Automotive Insurance, Life Insurance.
Who are the key members and board of directors at Loyal Insurance Brokers?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jatin Udani  | Director | 10-Jul-2014 | Current |
| Prabhakar Shah | Director | 12-Feb-2007 | Current |
| Sohag Shah | Director | 25-Jul-2019 | Current |
Financial Performance of Loyal Insurance Brokers.
Loyal Insurance Brokers Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.52% increase. The company also saw a substantial fall in profitability, with a 512.51% decrease in profit. The company's net worth dipped by a decrease of 2.01%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Loyal Insurance Brokers?
In 2023, Loyal Insurance Brokers had a promoter holding of 36.00% and a public holding of 63.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Marsh Maclean Insurance Services Private LimitedActive 23 years 11 months
Sohag Shah is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Loyal Insurance Brokers?
Loyal Insurance Brokers has a workforce of 0 employees as of Mar 24, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Loyal 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 Loyal Insurance Brokers'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.
