Madhav Insurance Brokers Private Limited logo

Madhav Insurance Brokers Private Limited

Provides insurance brokerage and agency services for various industries, including motor, personal accident, home, commercial, and travel insurance.
2004 | Ludhiana, Punjab (India) | Active

Last Updated:

November 15, 2024
HomeCompanyMadhav Insurance Brokers Private Limited

Who are the key members and board of directors at Madhav Insurance Brokers?

Executive Team (2)

NameDesignationAppointment DateStatus
Himanshu Goyal InManaging Director01-Nov-2014Current
Surbhi GuptaCFO01-Oct-2018Current

Board Members(5)

NameDesignationAppointment DateStatus
Jagdish Aggarwal In Whole-Time Director 01-Dec-2015Current
Daya Goyal In Whole-Time Director 09-Feb-2004Current
Vijay Goyal In Whole-Time Director 09-Feb-2004Current
Suresh Gupta In Whole-Time Director 01-Jun-2004Current
Manish Lavaniya In Whole-Time Director 01-Dec-2015Current

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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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
6.62%
Revenue from Operations
6.22%
Total Assets
21.75%
Profit or Loss
-6.73%
Net Worth
25.74%
EBITDA
7.35%

Related Corporates (Common Directorship)

Charges (Loans)

Satisfied Charges

₹8.00 M

LenderAmountStatus

Others

Creation Date: 31 Jul 2016
₹7.00 MSatisfied

Hdfc Bank Limited

Creation Date: 05 May 2016
₹1.00 MSatisfied

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.

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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.

    30 Sep 2024

  • Balance Sheet

    Madhav Insurance Brokers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Charges

    A charge registered on 31 Jul 2016 via Charge ID 100047438 with Others was fully satisfied on 05 Aug 2021.

    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.

    07 May 2018

  • Charges

    A charge with Others amounted to Rs. 7.00 M with Charge ID 100047438 was registered on 31 Jul 2016.

    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.

    05 May 2016

Frequently asked questions

  • Madhav Insurance Brokers Private Limited was incorporated on 09 Feb 2004.

  • The authorized share capital of Madhav Insurance Brokers Private Limited is ₹ 7.50 M and paid-up capital is ₹ 7.50 M.

  • 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
  • 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.

  • 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).

  • The Official website of Madhav Insurance Brokers Private Limited is https://www.madhavbima.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Madhav Insurance Brokers Private Limited has risen by 6.62%.

  • As Per 2023 financial reports, 11 employees are currently employed by Madhav Insurance Brokers Private Limited.

  • 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%.

  • The most recent Balance Sheet for Madhav Insurance Brokers Private Limited was filed with the ROC on 31 Mar 2024.

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