Madhav Insurance Brokers Profile
Key Indicators
- Authorised Capital ₹ 7.50 M
- Paid Up Capital ₹ 7.50 M
- Company Age 21 Year, 1 Day
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 8.00 M
- Revenue Growth 6.62%
- Profit Growth -6.73%
- Ebitda 7.35%
- Net Worth 25.74%
- Total Assets 21.75%
About Madhav Insurance Brokers
Madhav Insurance Brokers Private Limited (MIBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 February 2004 and has a history of 21 years. Its registered office is in Ludhiana, 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 has closed loans amounting to ₹8.00 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Madhav Insurance Brokers Private Limited India is Surbhi Gupta as CFO. Daya Goyal, Vijay Goyal, Suresh Gupta, and Three other members serve as directors at the Company.
Company Details
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Location
Ludhiana, Punjab, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U67190PB2004PTC026800
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Company No.
026800
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
09 Feb 2004
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Chandigarh
Industry
What products or services does Madhav Insurance Brokers Private Limited offer?
Madhav Insurance Brokers Private Limited offers a wide range of products and services, including Insurance Agents and Services, Automotive Insurance, Property Insurance, Insurance Service, Health Insurance, Life Insurance, Personal Accident Policy, Travel Insurance, General Insurance.
Who are the key members and board of directors at Madhav Insurance Brokers?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Himanshu Goyal
|
Managing Director | 01-Nov-2014 | Current |
| Surbhi Gupta | CFO | 01-Oct-2018 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Jagdish Aggarwal
|
Whole-Time Director | 01-Dec-2015 | Current |
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Daya Goyal
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Whole-Time Director | 09-Feb-2004 | Current |
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Vijay Goyal
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Whole-Time Director | 09-Feb-2004 | Current |
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Suresh Gupta
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Whole-Time Director | 01-Jun-2004 | Current |
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Manish Lavaniya
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Whole-Time Director | 01-Dec-2015 | Current |
Financial Performance of Madhav Insurance Brokers.
Madhav Insurance Brokers Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.62% increase. The company also saw a slight decrease in profitability, with a 6.73% decrease in profit. The company's net worth Soared by an impressive increase of 25.74%.
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What is the Ownership and Shareholding Structure of Madhav Insurance Brokers?
In 2023, Madhav 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.
Related Corporates (Common Directorship)
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Karan Power System Private LimitedJagdish Aggarwal is a mutual person
Charges (Loans)
₹0
₹8.00 M
Charges Breakdown by Lending Institutions
- Others : 0.70 Cr
- Hdfc Bank Limited : 0.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jul 2016 | Others | ₹7.00 M | Satisfied |
| 05 May 2016 | Hdfc Bank Limited | ₹1.00 M | Satisfied |
How Many Employees Work at Madhav Insurance Brokers?
Madhav Insurance Brokers has a workforce of 11 employees as of Apr 10, 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 Madhav 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 Madhav 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.
