Marwadi General Insurance Services Private Limited

Provides general insurance services as agents and brokers since 2002.

2002 | Rajkot, Gujarat (India) | Active
Last Updated: January 01, 2025

Marwadi General Insurance Services Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.12 M
  • Company Age 22 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -15.63%
  • Profit Growth -37.15%
  • Ebitda 30.57%
  • Net Worth 1.49%
  • Total Assets 1.15%

About Marwadi General Insurance Services

Marwadi General Insurance Services Private Limited (MGISPL) is a Private Limited Indian Non-Government Company incorporated in India on 31 October 2002 and has a history of 22 years and three months. Its registered office is in Rajkot, Gujarat, 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 1.00 M and a paid-up capital of Rs 0.12 M, as per Ministry of Corporate Affairs (MCA) records.

Kanan Marwadi, Sandip Marwadi, and Piyush Marwadi serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U67200GJ2002PTC041501

  • Company No.

    041501

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Oct 2002

  • Date of AGM

    15 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Financial Services

Who are the key members and board of directors at Marwadi General Insurance Services?

Board Members (3)

Name Designation Appointment Date Status
Kanan Marwadi Country flag representing In Director 15-May-2004 Current
Sandip Marwadi Country flag representing In Director 31-Oct-2002 Current
Piyush Marwadi Country flag representing In Director 31-Oct-2002 Current

Financial Performance of Marwadi General Insurance Services.

Marwadi General Insurance Services Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 15.63% decrease. The company also saw a substantial fall in profitability, with a 37.15% decrease in profit. The company's net worth moved up by a moderate rise of 1.49%.

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
-15.63%
Revenue from Operations
Total Assets
1.15%
Profit or Loss
-37.15%
Net Worth
1.49%
EBITDA
30.57%

What is the Ownership and Shareholding Structure of Marwadi General Insurance Services?

In 2021, Marwadi General Insurance Services 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Marwadi General Insurance Services?

Unlock and access historical data on people associated with Marwadi General Insurance Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Marwadi General Insurance Services, 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 Marwadi General Insurance Services'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 Marwadi General Insurance Services

Recent activity within the organization

  • Annual General Meeting

    Marwadi General Insurance Services Private Limited last Annual general meeting of members was held on 15 Jul 2024 as per latest MCA records.

    15 Jul 2024

  • Balance Sheet

    Marwadi General Insurance Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Kanan Sandeep Marwadi was appointed as a Director was appointed as a Director on 15 May 2004 & has been associated with this company since 20 years 8 months .

    15 May 2004

  • Director Appointment

    Sandip Harkishan Marwadi was appointed as a Director was appointed as a Director on 31 Oct 2002 & has been associated with this company since 22 years 3 months .

    31 Oct 2002

  • Director Appointment

    Piyush Rajnikant Marwadi was appointed as a Director was appointed as a Director on 31 Oct 2002 & has been associated with this company since 22 years 3 months .

    31 Oct 2002

  • Company Incorporation

    Marwadi General Insurance Services Private Limited was registered on 31 Oct 2002 with Roc Ahmedabad & aged 22 years 3 months as per MCA records.

    31 Oct 2002

Frequently asked questions

  • Marwadi General Insurance Services Private Limited was incorporated on 31 Oct 2002.

  • The authorized share capital of Marwadi General Insurance Services Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.12 M.

  • Currently 3 directors are associated with Marwadi General Insurance Services Private Limited.

    • Kanan Sandeep Marwadi
    • Sandip Harkishan Marwadi
    • Piyush Rajnikant Marwadi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Marwadi General Insurance Services Private Limited is Marwadifinancialplaza Nanamavamainroad Off150Feetringr Oad, India, Rajkot, Gujarat, 360001.

  • The corporate identification number (CIN) of Marwadi General Insurance Services Private Limited is U67200GJ2002PTC041501 and the company number is 041501 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Marwadi General Insurance Services Private Limited is https://www.marwadionline.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Marwadi General Insurance Services Private Limited has fallen by -15.63%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Marwadi General Insurance Services Private Limited has experienced an upsurge of 1.49%.

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

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