Nirmal Bang Insurance Broking Private Limited

Financial and related services provider since 2001, based in Mumbai.

2001 | Mumbai, Maharashtra (India) | Active
Last Updated: July 26, 2024

Nirmal Bang Insurance Broking Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.60 Cr
  • Company Age 23 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 1015.36%
  • Profit Growth 228.46%
  • Ebitda 296.27%
  • Net Worth 49.10%
  • Total Assets 52.68%

About Nirmal Bang Insurance Broking

Nirmal Bang Insurance Broking Private Limited (NBIBPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 October 2001 and has a history of 23 years and three months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Shresth Financial And 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 2023. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 2.60 Cr, as per Ministry of Corporate Affairs (MCA) records.

Aniket Bang, Rakesh Bhandari, and Kishore Bang serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U66030MH2001PTC133638

  • Company No.

    133638

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Oct 2001

  • Date of AGM

    05 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

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

Board Members (3)

Name Designation Appointment Date Status
Aniket Bang Country flag representing In Whole-Time Director 10-Aug-2023 Current
Rakesh Bhandari Country flag representing In Director 11-Oct-2001 Current
Kishore Bang Country flag representing In Director 11-Oct-2001 Current

Financial Performance of Nirmal Bang Insurance Broking.

Nirmal Bang Insurance Broking Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 1015.36% increase. The company also saw a substantial improvement in profitability, with a 228.46% increase in profit. The company's net worth Soared by an impressive increase of 49.1%.

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
1015.36%
Revenue from Operations
25294.63%
Total Assets
52.68%
Profit or Loss
228.46%
Net Worth
49.10%
EBITDA
296.27%

What is the Ownership and Shareholding Structure of Nirmal Bang Insurance Broking?

In 2023, Nirmal Bang Insurance Broking had a promoter holding of 100.00% and a public holding of 0.01%. 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 Nirmal Bang Insurance Broking?

Unlock and access historical data on people associated with Nirmal Bang 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 Nirmal Bang 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 Nirmal Bang 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 Nirmal Bang Insurance Broking

Recent activity within the organization

  • Annual General Meeting

    Nirmal Bang Insurance Broking Private Limited last Annual general meeting of members was held on 05 Sep 2023 as per latest MCA records.

    05 Sep 2023

  • Director Appointment

    Aniket Kishore Bang was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 10 Aug 2023 & has been associated with this company since 1 year 6 months .

    10 Aug 2023

  • Balance Sheet

    Nirmal Bang Insurance Broking Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Rakesh Premchand Bhandari was appointed as a Director was appointed as a Director on 11 Oct 2001 & has been associated with this company since 23 years 3 months .

    11 Oct 2001

  • Director Appointment

    Kishore Mishrilal Bang was appointed as a Director was appointed as a Director on 11 Oct 2001 & has been associated with this company since 23 years 3 months .

    11 Oct 2001

  • Company Incorporation

    Nirmal Bang Insurance Broking Private Limited was registered on 11 Oct 2001 with Roc Mumbai & aged 23 years 3 months as per MCA records.

    11 Oct 2001

Frequently asked questions

  • Nirmal Bang Insurance Broking Private Limited was incorporated on 11 Oct 2001.

  • The authorized share capital of Nirmal Bang Insurance Broking Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.60 Cr.

  • Currently 3 directors are associated with Nirmal Bang Insurance Broking Private Limited.

    • Aniket Kishore Bang
    • Rakesh Premchand Bhandari
    • Kishore Mishrilal Bang
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nirmal Bang Insurance Broking Private Limited is B-2 302 Marathon Innova Ganpatrao Kadam Marg Peninsula Corporate Park Lower Parel (W, ), Mumbai, Maharashtra, India, 400013.

  • The corporate identification number (CIN) of Nirmal Bang Insurance Broking Private Limited is U66030MH2001PTC133638 and the company number is 133638 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Nirmal Bang Insurance Broking Private Limited is https://www.nbinsurance.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Nirmal Bang Insurance Broking Private Limited has risen by 1015.36%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Nirmal Bang Insurance Broking Private Limited has experienced an upsurge of 49.10%.

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