Nirmal Chhaya Insurance Services Ltd

Insurance agency that promotes and sells life insurance through corporate agent services.

2006 | U T, Chandigarh (India) | Active
Last Updated: December 12, 2024

Nirmal Chhaya Insurance Services Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.50 M
  • Company Age 18 Year, 10 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 17.40 Cr
  • Revenue Growth -46.83%
  • Profit Growth -93.78%
  • Ebitda -204.69%
  • Net Worth 0.17%
  • Total Assets -2.31%

About Nirmal Chhaya Insurance Services

Nirmal Chhaya Insurance Services Ltd (NCISL) is a Public Limited Indian Non-Government Company incorporated in India on 19 April 2006 and has a history of 18 years and ten months. Its registered office is in U T, Chandigarh.

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 2019. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.50 M.

The company currently has active open charges totaling ₹17.40 Cr.

Sukhjit Singh, Balam Singh, and Ashim Mazumder serve as directors at the Company.

Company Details

  • Location U T, Chandigarh
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45202CH2006PLC030074

  • Company No.

    030074

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Apr 2006

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Financial Services

Who are the key members and board of directors at Nirmal Chhaya Insurance Services?

Board Members (3)

NameDesignationAppointment DateStatus
Sukhjit Singh Country flag representing In Whole-Time Director 01-Sep-2006Current
Balam Singh Country flag representing In Director 21-Aug-2018Current
Ashim Mazumder Country flag representing In Whole-Time Director 11-May-2015Current

Financial Performance of Nirmal Chhaya Insurance Services.

Nirmal Chhaya Insurance Services Ltd, for the financial year ended 2016, experienced significant reduction in revenue, with a 46.83% decrease. The company also saw a substantial fall in profitability, with a 93.78% decrease in profit. The company's net worth moved up by a moderate rise of 0.17%.

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
-46.83%
Revenue from Operations
-36.43%
Total Assets
-2.31%
Profit or Loss
-93.78%
Net Worth
0.17%
EBITDA
-204.69%

What is the Ownership and Shareholding Structure of Nirmal Chhaya Insurance Services?

In 2016, Nirmal Chhaya Insurance Services had a promoter holding of 33.33% and a public holding of 66.67%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹17.40 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Punjab National Bank : 17.40 Cr

Latest Charge Details

DateLenderAmountStatus
29 Jan 2010Punjab National Bank₹17.40 CrOpen

How Many Employees Work at Nirmal Chhaya Insurance Services?

Unlock and access historical data on people associated with Nirmal Chhaya Insurance Services, 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 Chhaya Insurance Services, 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 Chhaya Insurance Services'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 Chhaya Insurance Services

Recent activity within the organization

  • Annual General Meeting

    Nirmal Chhaya Insurance Services Ltd last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    Nirmal Chhaya Insurance Services Ltd has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Chandigarh.

    31 Mar 2019

  • Director Appointment

    Balam Singh was appointed as a Director was appointed as a Director on 21 Aug 2018 & has been associated with this company since 6 years 6 months .

    21 Aug 2018

  • Director Appointment

    Ashim Kumar Mazumder was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 11 May 2015 & has been associated with this company since 9 years 9 months .

    11 May 2015

  • Charges

    A charge with Punjab National Bank amounted to Rs. 17.40 Cr with Charge ID 10207759 was registered on 29 Jan 2010.

    29 Jan 2010

  • Director Appointment

    Sukhjit Singh was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Sep 2006 & has been associated with this company since 18 years 5 months .

    01 Sep 2006

Frequently asked questions

  • Nirmal Chhaya Insurance Services Ltd was incorporated on 19 Apr 2006.

  • The authorized share capital of Nirmal Chhaya Insurance Services Ltd is ₹ 1.00 Cr and paid-up capital is ₹ 1.50 M.

  • Currently 3 directors are associated with Nirmal Chhaya Insurance Services Ltd.

    • Sukhjit Singh
    • Balam Singh
    • Ashim Kumar Mazumder
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nirmal Chhaya Insurance Services Ltd is Plot No 187 Indu Areaphase Ii India, U T, Chandigarh.

  • The corporate identification number (CIN) of Nirmal Chhaya Insurance Services Ltd is U45202CH2006PLC030074 and the company number is 030074 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2016, the revenue trend for Nirmal Chhaya Insurance Services Ltd has fallen by -46.83%.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Nirmal Chhaya Insurance Services Ltd has experienced an upsurge of 0.17%.

  • As per the financial statements for fiscal Year 2016, The total open charges for Nirmal Chhaya Insurance Services Ltd amount to ₹ 17.40 Cr.

  • The most recent Balance Sheet for Nirmal Chhaya Insurance Services Ltd was filed with the ROC on 31 Mar 2019.

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