Mercury Insurance Brokers Private Limited

Retail insurance broker providing distribution, portfolio management, customer-centric and talent nurturing services.

2002 | Delhi (India) | Active
Last Updated: October 24, 2024

Mercury Insurance Brokers Profile

Key Indicators

  • Authorised Capital ₹ 1.01 Cr
  • Paid Up Capital ₹ 1.01 Cr
  • Company Age 22 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -39.67%
  • Profit Growth -166.18%
  • Ebitda -92.36%
  • Net Worth -3.64%
  • Total Assets -37.13%

About Mercury Insurance Brokers

Mercury Insurance Brokers Private Limited (MIBPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 September 2002 and has a history of 22 years and four months. Its registered office is in Delhi, India.

The Corporate was formerly known as Jain Insrurance Brokers Private Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 1.01 Cr and a paid-up capital of Rs 1.01 Cr, as per Ministry of Corporate Affairs (MCA) records.

Pankaj Gupta and Dharambir Kumar serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65999DL2002PTC117027

  • Company No.

    117027

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Sep 2002

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Financial Services

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

Board Members (2)

Name Designation Appointment Date Status
Pankaj Gupta Country flag representing In Director 08-Oct-2024 Current
Dharambir Kumar Country flag representing In Additional Director 16-Jun-2020 Current

Financial Performance of Mercury Insurance Brokers.

Mercury Insurance Brokers Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 39.67% decrease. The company also saw a substantial fall in profitability, with a 166.18% decrease in profit. The company's net worth dipped by a decrease of 3.64%.

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
-39.67%
Revenue from Operations
-39.71%
Total Assets
-37.13%
Profit or Loss
-166.18%
Net Worth
-3.64%
EBITDA
-92.36%

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

In 2023, Mercury 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)

Placeholder for charges-related data

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

How Many Employees Work at Mercury Insurance Brokers?

Unlock and access historical data on people associated with Mercury Insurance Brokers, 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 Mercury 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 Mercury 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 Mercury Insurance Brokers

Recent activity within the organization

  • Director Appointment

    Pankaj Harikishore Gupta was appointed as a Director was appointed as a Director on 08 Oct 2024 & has been associated with this company since 3 months 26 days .

    08 Oct 2024

  • Annual General Meeting

    Mercury Insurance Brokers Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Mercury Insurance Brokers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Director Appointment

    Dharambir Kumar was appointed as a Additional Director was appointed as a Additional Director on 16 Jun 2020 & has been associated with this company since 4 years 7 months .

    16 Jun 2020

  • Company Incorporation

    Mercury Insurance Brokers Private Limited was registered on 18 Sep 2002 with Roc Delhi & aged 22 years 4 months as per MCA records.

    18 Sep 2002

Frequently asked questions

  • Mercury Insurance Brokers Private Limited was incorporated on 18 Sep 2002.

  • The authorized share capital of Mercury Insurance Brokers Private Limited is ₹ 1.01 Cr and paid-up capital is ₹ 1.01 Cr.

  • Currently 2 directors are associated with Mercury Insurance Brokers Private Limited.

    • Pankaj Harikishore Gupta
    • Dharambir Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mercury Insurance Brokers Private Limited is B 70, Double Storey Ramesh Nagar India, New Delhi, 110015.

  • The corporate identification number (CIN) of Mercury Insurance Brokers Private Limited is U65999DL2002PTC117027 and the company number is 117027 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mercury Insurance Brokers Private Limited has fallen by -39.67%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mercury Insurance Brokers Private Limited has experienced an downturn of -3.64%.

  • The most recent Balance Sheet for Mercury Insurance Brokers Private Limited was filed with the ROC on 31 Mar 2023.

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