Manappuram Insurance Brokers Limited

Provides insurance brokerage services for life and general insurance in India.

2002 | Thrissur, Kerala (India) | Active
Last Updated: November 16, 2024

Manappuram Insurance Brokers Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 1.57 Cr
  • Company Age 22 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 1.50 M
  • Revenue Growth 7.60%
  • Profit Growth -5.38%
  • Ebitda -4.05%
  • Net Worth -61.21%
  • Total Assets -43.60%

About Manappuram Insurance Brokers

Manappuram Insurance Brokers Limited (MIBL) is a leading Public Limited Indian Non-Government Company incorporated in India on 17 October 2002 and has a history of 22 years and four months. Its registered office is in Thrissur, Kerala, India.

The Corporate was formerly known as Manappuram Finance Services P Ltd. 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 3.00 Cr and a paid-up capital of Rs 1.57 Cr.

The company has closed loans amounting to ₹1.50 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Manappuram Insurance Brokers Limited India are Bhavin Vaikkattil as Cfo, Jayaprasad Jayaraman as Ceo, and Anjurose Paulson as Company Secretary. Jyothy Prasannan, Vazhappully Nandakumar, Valiparambil Ramachandran, and Three other members serve as directors at the Company.

Company Details

  • Location

    Thrissur, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    maibro.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U66010KL2002PLC015699

  • Company No.

    015699

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Oct 2002

  • Date of AGM

    07 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Financial Services

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

Executive Team (3)

NameDesignationAppointment DateStatus
Bhavin Vaikkattil CFO10-Jun-2024Current
Jayaprasad Jayaraman CEO08-May-2023Current
Anjurose Paulson Country flag representing In Company Secretary05-Aug-2016Current

Board Members (6)

NameDesignationAppointment DateStatus
Vazhappully Nandakumar Country flag representing In Director 17-Oct-2002Current
Valiparambil Ramachandran Country flag representing In Director 04-May-2016Current
Munappil Gopalan Country flag representing In Director 04-May-2016Current
Jyothy Prasannan Country flag representing In Director 17-Oct-2002Current
Kollimarla Subrahmanyam Country flag representing In Director 22-Dec-2018Current
Chambakkara Manikandan Country flag representing In Director 10-Jun-2024Current

Financial Performance of Manappuram Insurance Brokers.

Manappuram Insurance Brokers Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.6% increase. The company also saw a slight decrease in profitability, with a 5.38% decrease in profit. The company's net worth observed a substantial decline by a decrease of 61.21%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
7.60%
Revenue from Operations
10.06%
Total Assets
-43.60%
Profit or Loss
-5.38%
Net Worth
-61.21%
EBITDA
-4.05%

What is the Ownership and Shareholding Structure of Manappuram Insurance Brokers?

In 2023, Manappuram 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹0.15 Cr

Charges Breakdown by Lending Institutions

  • Others : 0.15 Cr

Latest Charge Details

DateLenderAmountStatus
28 Sep 2016Others₹1.50 MSatisfied

How Many Employees Work at Manappuram Insurance Brokers?

Manappuram Insurance Brokers has a workforce of 83 employees as of Apr 07, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Manappuram 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 Manappuram Insurance Brokers's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Manappuram Insurance Brokers

Recent activity within the organization

  • Annual General Meeting

    Manappuram Insurance Brokers Limited last Annual general meeting of members was held on 07 Aug 2024 as per latest MCA records.

    07 Aug 2024

  • Director Appointment

    Bhavin Venugopal Vaikkattil was appointed as a Cfo was appointed as a Cfo on 10 Jun 2024 & has been associated with this company since 8 months 14 days .

    10 Jun 2024

  • Director Appointment

    Chambakkara Krishnankutty Manikandan was appointed as a Director was appointed as a Director on 10 Jun 2024 & has been associated with this company since 8 months 14 days .

    10 Jun 2024

  • Balance Sheet

    Manappuram Insurance Brokers Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.

    31 Mar 2024

  • Director Appointment

    Kollimarla Subrahmanyam was appointed as a Director was appointed as a Director on 22 Dec 2018 & has been associated with this company since 6 years 2 months .

    22 Dec 2018

  • Charges

    A charge registered on 28 Sep 2016 via Charge ID 100065042 with Others was fully satisfied on 27 Dec 2017.

    27 Dec 2017

Frequently asked questions

  • Manappuram Insurance Brokers Limited was incorporated on 17 Oct 2002.

  • The authorized share capital of Manappuram Insurance Brokers Limited is ₹ 3.00 Cr and paid-up capital is ₹ 1.57 Cr.

  • Currently 9 directors are associated with Manappuram Insurance Brokers Limited.

    • Jyothy Prasannan
    • Vazhappully Padmanabhan Nandakumar
    • Valiparambil Ramakrishnan Ramachandran
    • Munappil Gunavardhanan Narayana Gopalan
    • Bhavin Venugopal Vaikkattil
    • Jayaprasad Kottappadi Jayaraman
    • Anjurose Paulson
    • Kollimarla Subrahmanyam
    • Chambakkara Krishnankutty Manikandan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Manappuram Insurance Brokers Limited is Second Floor Manappuram House, (Old Building) Valapad India, Thrissur, Kerala, 680567.

  • The corporate identification number (CIN) of Manappuram Insurance Brokers Limited is U66010KL2002PLC015699 and the company number is 015699 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Manappuram Insurance Brokers Limited is https://www.maibro.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Manappuram Insurance Brokers Limited has risen by 7.60%.

  • As Per 2023 financial reports, 83 employees are currently employed by Manappuram Insurance Brokers Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Manappuram Insurance Brokers Limited has experienced an downturn of -61.21%.

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

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