Millennials Insurance Brokers Private Limited

Provides various insurance plans through online platform for millennials.

2017 | Gurugram, Haryana (India) | Active
Last Updated: December 10, 2024

Millennials Insurance Brokers Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.25 M
  • Company Age 7 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -14.84%
  • Profit Growth -213.99%
  • Ebitda -131.11%
  • Net Worth 50.03%
  • Total Assets -14.62%

About Millennials Insurance Brokers

Millennials Insurance Brokers Private Limited (MIBPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 11 August 2017 (Seven years and six months 15 days old ). Its registered office is in Gurugram, Haryana, India.

The Company is engaged in the Internet 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 Cr and a paid-up capital of Rs 9.25 M, as per Ministry of Corporate Affairs (MCA) records.

Ankita Narayan, Pooja Sharma, Jitendra Girdhar, and One other member serve as directors at the Company.

Company Details

  • Location

    Gurugram, Haryana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    milbinsure.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U66000HR2017PTC070301

  • Company No.

    070301

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Aug 2017

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Internet

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

Board Members (4)

NameDesignationAppointment DateStatus
Jitendra Girdhar Country flag representing In Director 11-Aug-2017Current
Dipankar Saikia Country flag representing In Director 11-Aug-2017Current
Ankita Narayan Country flag representing In Director 19-Jun-2024Current
Pooja Sharma Country flag representing In Director 19-Jun-2024Current

Financial Performance of Millennials Insurance Brokers.

Millennials Insurance Brokers Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 14.84% decrease. The company also saw a substantial fall in profitability, with a 213.99% decrease in profit. The company's net worth Soared by an impressive increase of 50.03%.

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
-14.84%
Revenue from Operations
-13.45%
Total Assets
-14.62%
Profit or Loss
-213.99%
Net Worth
50.03%
EBITDA
-131.11%

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

In 2021, Millennials Insurance Brokers had a promoter holding of 92.63% and a public holding of 7.37%. The company had 1 Associate company. 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 Millennials Insurance Brokers?

Unlock and access historical data on people associated with Millennials 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 Millennials 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 Millennials 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 Millennials Insurance Brokers

Recent activity within the organization

  • Annual General Meeting

    Millennials Insurance Brokers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Ankita Narayan was appointed as a Director was appointed as a Director on 19 Jun 2024 & has been associated with this company since 8 months 6 days .

    19 Jun 2024

  • Director Appointment

    Pooja Sharma was appointed as a Director was appointed as a Director on 19 Jun 2024 & has been associated with this company since 8 months 6 days .

    19 Jun 2024

  • Balance Sheet

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

    31 Mar 2024

  • Director Appointment

    Jitendra Girdhar was appointed as a Director was appointed as a Director on 11 Aug 2017 & has been associated with this company since 7 years 6 months .

    11 Aug 2017

  • Director Appointment

    Dipankar Saikia was appointed as a Director was appointed as a Director on 11 Aug 2017 & has been associated with this company since 7 years 6 months .

    11 Aug 2017

Frequently asked questions

  • Millennials Insurance Brokers Private Limited was incorporated on 11 Aug 2017.

  • The authorized share capital of Millennials Insurance Brokers Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 9.25 M.

  • Currently 4 directors are associated with Millennials Insurance Brokers Private Limited.

    • Ankita Narayan
    • Pooja Sharma
    • Jitendra Girdhar
    • Dipankar Saikia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Millennials Insurance Brokers Private Limited is 570 Tower-B Spaze It Park, Sector-49 Sohna Road India, Gurgaon, Haryana, 122001.

  • The corporate identification number (CIN) of Millennials Insurance Brokers Private Limited is U66000HR2017PTC070301 and the company number is 070301 as per Ministry of Corporate Affairs (MCA).

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

  • According to the financial reports for the fiscal year 2021, the revenue trend for Millennials Insurance Brokers Private Limited has fallen by -14.84%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Millennials Insurance Brokers Private Limited has experienced an upsurge of 50.03%.

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