M11 Insurance Agents Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
as on 24-10-2024
- Paid Up Capital ₹ 0.20 M
as on 24-10-2024
- Company Age 21 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.11 Cr
as on 24-10-2024
- Revenue 141.53%
(FY 2023)
- Profit 84.47%
(FY 2023)
- Ebitda 90.79%
(FY 2023)
- Net Worth 46.62%
(FY 2023)
- Total Assets 85.13%
(FY 2023)
About M11 Insurance Agents
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.
- 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
Company Details
- Location
Delhi, India
- Telephone
- Email Address
- Website
- Social Media
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)
Charges (Loans)
₹31.08 M
₹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.
