Navnit Insurance Broking Private Limited

Insurance broking company providing a range of insurance and consultancy services from various insurers.

2006 | Mumbai, Maharashtra (India) | Active
Last Updated: November 15, 2024

Navnit Insurance Broking Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 5.90 Cr
  • Company Age 18 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 1.82%
  • Profit Growth 8.49%
  • Ebitda 11.21%
  • Net Worth -30.16%
  • Total Assets -9.89%

About Navnit Insurance Broking

Navnit Insurance Broking Private Limited (NIBPL) is a Private Limited Indian Non-Government Company incorporated in India on 15 December 2006 and has a history of 18 years and two months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Navnit Insurance Services 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 2024. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 5.90 Cr, as per Ministry of Corporate Affairs (MCA) records.

Navnit Kachalia, Krishna Kachalia, Ashish Kachalia, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U67200MH2006PTC166234

  • Company No.

    166234

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Dec 2006

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Navnit Insurance Broking?

Board Members (4)

NameDesignationAppointment DateStatus
Dandapani Swaminathan Country flag representing In Director 12-Dec-2017Current
Navnit Kachalia Country flag representing In Director 15-Dec-2006Current
Krishna Kachalia Country flag representing In Director 15-Dec-2006Current
Ashish Kachalia Country flag representing In Director 01-Feb-2013Current

Financial Performance of Navnit Insurance Broking.

Navnit Insurance Broking Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 1.82% increase. The company also saw a slight improvement in profitability, with a 8.49% increase in profit. The company's net worth observed a substantial decline by a decrease of 30.16%.

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
1.82%
Revenue from Operations
1.82%
Total Assets
-9.89%
Profit or Loss
8.49%
Net Worth
-30.16%
EBITDA
11.21%

What is the Ownership and Shareholding Structure of Navnit Insurance Broking?

In 2023, Navnit Insurance Broking had a promoter holding of 90.00% and a public holding of 10.00%. 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 Navnit Insurance Broking?

Navnit Insurance Broking has a workforce of 97 employees as of Mar 22, 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 Navnit Insurance Broking, 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 Navnit Insurance Broking'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 Navnit Insurance Broking

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Navnit Insurance Broking Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Dandapani Swaminathan was appointed as a Director was appointed as a Director on 12 Dec 2017 & has been associated with this company since 7 years 2 months .

    12 Dec 2017

  • Director Appointment

    Ashish Navnit Kachalia was appointed as a Director was appointed as a Director on 01 Feb 2013 & has been associated with this company since 12 years 21 days .

    01 Feb 2013

  • Director Appointment

    Navnit Liladhar Kachalia was appointed as a Director was appointed as a Director on 15 Dec 2006 & has been associated with this company since 18 years 2 months .

    15 Dec 2006

  • Director Appointment

    Krishna Navnit Kachalia was appointed as a Director was appointed as a Director on 15 Dec 2006 & has been associated with this company since 18 years 2 months .

    15 Dec 2006

Frequently asked questions

  • Navnit Insurance Broking Private Limited was incorporated on 15 Dec 2006.

  • The authorized share capital of Navnit Insurance Broking Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 5.90 Cr.

  • Currently 4 directors are associated with Navnit Insurance Broking Private Limited.

    • Navnit Liladhar Kachalia
    • Krishna Navnit Kachalia
    • Ashish Navnit Kachalia
    • Dandapani Swaminathan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Navnit Insurance Broking Private Limited is C-Wing Unit No 101 1St Floor Waterford Building C. D. Burfiwala Road (Juhu Galli), Andhe Ri (West) India, Mumbai, Maharashtra, 400058.

  • The corporate identification number (CIN) of Navnit Insurance Broking Private Limited is U67200MH2006PTC166234 and the company number is 166234 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Navnit Insurance Broking Private Limited is https://www.navnitinsurance.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Navnit Insurance Broking Private Limited has risen by 1.82%.

  • As Per 2023 financial reports, 97 employees are currently employed by Navnit Insurance Broking Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Navnit Insurance Broking Private Limited has experienced an downturn of -30.16%.

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

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