Networth Insurance Broking Private Limited

Founded in 2008 and headquartered in Maharashtra, India.

2008 | Mumbai, Maharashtra (India) | Merged
Last Updated: January 17, 2025

Networth Insurance Broking Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 0.10 M
  • Company Age 16 Year, 6 Months
  • Last Filing with ROC 31 Mar 2018
  • Revenue Growth %
  • Profit Growth -263.64%
  • Ebitda -263.64%
  • Net Worth -22.57%
  • Total Assets -0.97%

About Networth Insurance Broking

Networth Insurance Broking Private Limited (NIBPL) is Amalgamated company established on 07 Jul 2008 with its office registered at Mumbai, Maharashtra, India and has been running since 16 Year, 6 Months with a paid up capital of 0.10 M. According to MCA records, 2 Directors are linked to this company as of 17 Jan 2025.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U66030MH2008PTC184334

  • Company No.

    184334

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Jul 2008

  • Date of AGM

    26 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Insurance

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

Board Members (2)

Name Designation Appointment Date Status
Shailen Shah Country flag representing In Director 18-Jul-2016 Current
Ashok Bafna Country flag representing In Director 18-Jul-2016 Current

Financial Performance of Networth Insurance Broking.

Networth Insurance Broking Private Limited, for the financial year ended 2017, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 263.64% decrease in profit. The company's net worth observed a substantial decline by a decrease of 22.57%.

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
Revenue from Operations
Total Assets
-0.97%
Profit or Loss
-263.64%
Net Worth
-22.57%
EBITDA
-263.64%

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

In 2017, Networth Insurance Broking 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 Networth Insurance Broking?

Unlock and access historical data on people associated with Networth Insurance Broking, 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 Networth 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 Networth 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 Networth Insurance Broking

Recent activity within the organization

  • Annual General Meeting

    Networth Insurance Broking Private Limited last Annual general meeting of members was held on 26 Sep 2018 as per latest MCA records.

    26 Sep 2018

  • Balance Sheet

    Networth Insurance Broking Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Mumbai.

    31 Mar 2018

  • Director Appointment

    Shailen Ramesh Shah was appointed as a Director was appointed as a Director on 18 Jul 2016 & has been associated with this company since 8 years 6 months .

    18 Jul 2016

  • Director Appointment

    Ashok Daulatraj Bafna was appointed as a Director was appointed as a Director on 18 Jul 2016 & has been associated with this company since 8 years 6 months .

    18 Jul 2016

  • Company Incorporation

    Networth Insurance Broking Private Limited was registered on 07 Jul 2008 with Roc Mumbai & aged 16 years 6 months as per MCA records.

    07 Jul 2008

Frequently asked questions

  • Networth Insurance Broking Private Limited was incorporated on 07 Jul 2008.

  • The authorized share capital of Networth Insurance Broking Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Networth Insurance Broking Private Limited.

    • Shailen Ramesh Shah
    • Ashok Daulatraj Bafna
  • As per Ministry of Corporate Affairs (Mca), the registered address of Networth Insurance Broking Private Limited is Office No.901/902 9Th Floor Atlanta Centre Opp.Udyog Bhavan Sonawala Road Goregao N (East), India, Mumbai, Maharashtra, 400063.

  • The corporate identification number (CIN) of Networth Insurance Broking Private Limited is U66030MH2008PTC184334 and the company number is 184334 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2017 indicates that The net worth of Networth Insurance Broking Private Limited has experienced an downturn of -22.57%.

  • The most recent Balance Sheet for Networth Insurance Broking Private Limited was filed with the ROC on 31 Mar 2018.