M11 Insurance Agents Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.20 M
- Company Age 21 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.11 Cr
- Revenue Growth 141.53%
- Profit Growth 84.47%
- Ebitda 90.79%
- Net Worth 46.62%
- Total Assets 85.13%
About M11 Insurance Agents
M11 Insurance Agents Private Limited (MIAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 November 2003 and has a history of 21 years and four months. Its registered office is in Delhi, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.20 M.
The company currently has active open charges totaling ₹3.11 Cr.
Sagar Gaba and Vijay Gaba serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65999DL2003PTC123029
- Company No.
123029
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 Nov 2003
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Financial Services
M11 Insurance Agents Private Limited
Explore comprehensive data for M11 Insurance Agents Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at M11 Insurance Agents?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sagar Gaba  | Director | 30-Aug-2014 | Current |
| Vijay Gaba | Director | 30-Aug-2014 | Current |
Financial Performance of M11 Insurance Agents.
M11 Insurance Agents Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 141.53% increase. The company also saw a substantial improvement in profitability, with a 84.47% increase in profit. The company's net worth Soared by an impressive increase of 46.62%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of M11 Insurance Agents?
In 2023, M11 Insurance Agents had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Cards Hub Services Llp
Sagar Gaba is a mutual person
- Small Renn Finserv Private Limited
Sagar Gaba is a mutual person
Charges (Loans)
Open Charges
₹31.08 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Bank Of India : 3.00 Cr
- Uco Bank : 0.11 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Jun 2023 | Uco Bank | ₹0.53 M | Open |
| 09 Jun 2023 | Uco Bank | ₹0.55 M | Open |
| 09 Apr 2003 | Bank Of India | ₹3.00 Cr | Open |
How Many Employees Work at M11 Insurance Agents?
M11 Insurance Agents has a workforce of 14 employees as of Apr 06, 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 M11 Insurance Agents, 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 M11 Insurance Agents'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.
Latest Updates, News, and FAQs on M11 Insurance Agents
Recent activity within the organization
- Annual General Meeting
M11 Insurance Agents Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Uco Bank amounted to Rs. 0.53 M with Charge ID 100729709 was registered on 09 Jun 2023.
- Charges
A charge with Uco Bank amounted to Rs. 0.55 M with Charge ID 100732123 was registered on 09 Jun 2023.
- Balance Sheet
M11 Insurance Agents Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.
- Director Appointment
Sagar Gaba was appointed as a Director was appointed as a Director on 30 Aug 2014 & has been associated with this company since 10 years 7 months .
- Director Appointment
Vijay Kumar Gaba was appointed as a Director was appointed as a Director on 30 Aug 2014 & has been associated with this company since 10 years 7 months .
Frequently asked questions
What is the Incorporation or founding date of M11 Insurance Agents Private Limited?
M11 Insurance Agents Private Limited was incorporated on 11 Nov 2003.
What is authorized share capital and paid-up capital of M11 Insurance Agents Private Limited?
The authorized share capital of M11 Insurance Agents Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.20 M.
Who are the current board members & directors of M11 Insurance Agents Private Limited?
Currently 2 directors are associated with M11 Insurance Agents Private Limited.
- Sagar Gaba
- Vijay Kumar Gaba
What is the registered address of M11 Insurance Agents Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of M11 Insurance Agents Private Limited is J-57 3Rd Floor, Ramesh Nagar India, New Delhi, 110015.
What is the corporate identification number (CIN) and company number of M11 Insurance Agents Private Limited?
The corporate identification number (CIN) of M11 Insurance Agents Private Limited is U65999DL2003PTC123029 and the company number is 123029 as per Ministry of Corporate Affairs (MCA).
What is the official website of M11 Insurance Agents Private Limited?
The Official website of M11 Insurance Agents Private Limited is https://www.m11insurance.com
What has been the recent revenue trend for M11 Insurance Agents Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for M11 Insurance Agents Private Limited has risen by 141.53%.
How many employees does M11 Insurance Agents Private Limited currently have?
As Per 2023 financial reports, 14 employees are currently employed by M11 Insurance Agents Private Limited.
What change has been observed in the net worth of M11 Insurance Agents Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of M11 Insurance Agents Private Limited has experienced an upsurge of 46.62%.
What are the total open charges for M11 Insurance Agents Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for M11 Insurance Agents Private Limited amount to ₹ 3.11 Cr.
When was the last Balance Sheet of M11 Insurance Agents Private Limited filed with the ROC?
The most recent Balance Sheet for M11 Insurance Agents Private Limited was filed with the ROC on 31 Mar 2023.
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