Madhav Insurance Brokers Profile
Key Indicators
- Authorised Capital ₹ 7.50 M
- Paid Up Capital ₹ 7.50 M
- Company Age 21 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 8.00 M
- Revenue Growth 6.62%
- Profit Growth -6.73%
- Ebitda 7.98%
- 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 and three months. 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
- Location
Ludhiana, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U67190PB2004PTC026800
- Company No.
026800
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
09 Feb 2004
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Financial Services
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.
Madhav Insurance Brokers Private Limited
Explore comprehensive data for Madhav Insurance Brokers Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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 |
| Daya Goyal | Whole-Time Director | 09-Feb-2004 | Current |
| Vijay Goyal | Whole-Time Director | 09-Feb-2004 | Current |
| Suresh Gupta | Whole-Time Director | 01-Jun-2004 | Current |
| Manish Lavaniya | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Madhav Insurance Brokers?
Unlock access to Madhav Insurance Brokers's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
Related Corporates (Common Directorship)
Karan Power System Private LimitedJagdish Aggarwal is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Madhav Insurance Brokers
Recent activity within the organization
- Annual General Meeting
Madhav Insurance Brokers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Madhav Insurance Brokers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
- Charges
A charge registered on 31 Jul 2016 via Charge ID 100047438 with Others was fully satisfied on 05 Aug 2021.
- Charges
A charge registered on 05 May 2016 via Charge ID 100055825 with Hdfc Bank Limited was fully satisfied on 07 May 2018.
- Charges
A charge with Others amounted to Rs. 7.00 M with Charge ID 100047438 was registered on 31 Jul 2016.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.00 M with Charge ID 100055825 was registered on 05 May 2016.
Frequently asked questions
What is the Incorporation or founding date of Madhav Insurance Brokers Private Limited?
Madhav Insurance Brokers Private Limited was incorporated on 09 Feb 2004.
What is authorized share capital and paid-up capital of Madhav Insurance Brokers Private Limited?
The authorized share capital of Madhav Insurance Brokers Private Limited is ₹ 7.50 M and paid-up capital is ₹ 7.50 M.
Who are the current board members & directors of Madhav Insurance Brokers Private Limited?
Currently 7 directors are associated with Madhav Insurance Brokers Private Limited.
- Daya Krishan Goyal
- Vijay Goyal
- Suresh Kumar Gupta
- Jagdish Kumar Aggarwal
- Himanshu Goyal
- Manish Kumar Lavaniya
- Surbhi Gupta
What is the registered address of Madhav Insurance Brokers Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Madhav Insurance Brokers Private Limited is B-20-2692 1St Floor Above Goyal Hyundai Near Silver Arc Mall Ferozepur Road, India, Ludhiana, Punjab, 141001.
What is the corporate identification number (CIN) and company number of Madhav Insurance Brokers Private Limited?
The corporate identification number (CIN) of Madhav Insurance Brokers Private Limited is U67190PB2004PTC026800 and the company number is 026800 as per Ministry of Corporate Affairs (MCA).
What is the official website of Madhav Insurance Brokers Private Limited?
The Official website of Madhav Insurance Brokers Private Limited is https://www.madhavbima.com
What has been the recent revenue trend for Madhav Insurance Brokers Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Madhav Insurance Brokers Private Limited has risen by 6.62%.
How many employees does Madhav Insurance Brokers Private Limited currently have?
As Per 2023 financial reports, 11 employees are currently employed by Madhav Insurance Brokers Private Limited.
What change has been observed in the net worth of Madhav Insurance Brokers Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Madhav Insurance Brokers Private Limited has experienced an upsurge of 25.74%.
When was the last Balance Sheet of Madhav Insurance Brokers Private Limited filed with the ROC?
The most recent Balance Sheet for Madhav Insurance Brokers Private Limited was filed with the ROC on 31 Mar 2024.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
SK
Sanjiv KhuranaDirectorMG
Mukesh GuptaDirectorRK
Rajinder KumarDirectorNG
Neeru GoyalDirectorSJ
Surender JainDirectorKS
Kewal SinghDirectorPP
Prem ParkashDirector
Similar Companies Based on Insurance Brokerage & Advisory
Prudent Insurance Brokers Private Limited Mumbai, Maharashtra, India
Maruti Suzuki Insurance Broking Private Limited Delhi, India
Marsh India Insurance Brokers Private Limited. Mumbai, Maharashtra, India
Bluechip Insurance Broking Private Limited Mumbai, Maharashtra, India
Mahindra Insurance Brokers Limited Mumbai, Maharashtra, India
Medi Assist Insurance Tpa Private Limited Bangaluru, Karnataka, India
Edme Insurance Brokers Limited Junagadh, Gujarat, India
K M Dastur Reinsurance Brokers Private Limited Mumbai, Maharashtra, India