Mazel Insurance Brokers Profile
Key Indicators
- Authorised Capital ₹ 2.25 Cr
- Paid Up Capital ₹ 1.92 Cr
- Company Age 12 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth 10.96%
- Profit Growth -29.25%
- Ebitda -11.96%
- Net Worth 12.71%
- Total Assets 15.91%
About Mazel Insurance Brokers
Mazel Insurance Brokers Private Limited (MIBPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 October 2012 and has a history of 12 years and four months. Its registered office is in Bangaluru, Karnataka, 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 2.25 Cr and a paid-up capital of Rs 1.92 Cr, as per Ministry of Corporate Affairs (MCA) records.
Abdul Sait and Shaik Athar serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65900KA2012PTC066468
- Company No.
066468
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 Oct 2012
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Financial Services
Who are the key members and board of directors at Mazel Insurance Brokers?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shaik Athar  | Whole-Time Director | 19-Nov-2018 | Current |
| Abdul Sait | Whole-Time Director | 26-Oct-2012 | Current |
Financial Performance of Mazel Insurance Brokers.
Mazel Insurance Brokers Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 10.96% increase. The company also saw a substantial fall in profitability, with a 29.25% decrease in profit. The company's net worth Soared by an impressive increase of 12.71%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mazel Insurance Brokers?
In 2021, Mazel 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.
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Abdul Sait is a mutual person
- Red Lounge Capital Advisors Llp
Abdul Sait is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Mazel Insurance Brokers?
Mazel Insurance Brokers has a workforce of 20 employees as of Apr 02, 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 Mazel 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 Mazel 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 Mazel Insurance Brokers
Recent activity within the organization
- Annual General Meeting
Mazel Insurance Brokers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Mazel Insurance Brokers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Director Appointment
Shaik Mohammed Yesdani Athar was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 19 Nov 2018 & has been associated with this company since 6 years 3 months .
- Director Appointment
Abdul Gaffar Sait was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 26 Oct 2012 & has been associated with this company since 12 years 4 months .
- Company Incorporation
Mazel Insurance Brokers Private Limited was registered on 26 Oct 2012 with Roc Bangalore & aged 12 years 4 months as per MCA records.
Frequently asked questions
What is the Incorporation or founding date of Mazel Insurance Brokers Private Limited?
Mazel Insurance Brokers Private Limited was incorporated on 26 Oct 2012.
What is authorized share capital and paid-up capital of Mazel Insurance Brokers Private Limited?
The authorized share capital of Mazel Insurance Brokers Private Limited is ₹ 2.25 Cr and paid-up capital is ₹ 1.92 Cr.
Who are the current board members & directors of Mazel Insurance Brokers Private Limited?
Currently 2 directors are associated with Mazel Insurance Brokers Private Limited.
- Abdul Gaffar Sait
- Shaik Mohammed Yesdani Athar
What is the registered address of Mazel Insurance Brokers Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Mazel Insurance Brokers Private Limited is No.2307 (Old No.44/6) Ground Floor Swanlines 12Th Main Road 3Rd Block East Jayanaga R, India, Bangalore, Karnataka, 560011.
What is the corporate identification number (CIN) and company number of Mazel Insurance Brokers Private Limited?
The corporate identification number (CIN) of Mazel Insurance Brokers Private Limited is U65900KA2012PTC066468 and the company number is 066468 as per Ministry of Corporate Affairs (MCA).
What is the official website of Mazel Insurance Brokers Private Limited?
The Official website of Mazel Insurance Brokers Private Limited is https://www.basketoption.insure
What has been the recent revenue trend for Mazel Insurance Brokers Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Mazel Insurance Brokers Private Limited has risen by 10.96%.
How many employees does Mazel Insurance Brokers Private Limited currently have?
As Per 2022 financial reports, 20 employees are currently employed by Mazel Insurance Brokers Private Limited.
What change has been observed in the net worth of Mazel Insurance Brokers Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Mazel Insurance Brokers Private Limited has experienced an upsurge of 12.71%.
When was the last Balance Sheet of Mazel Insurance Brokers Private Limited filed with the ROC?
The most recent Balance Sheet for Mazel Insurance Brokers Private Limited was filed with the ROC on 31 Mar 2024.
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