Nj Insurance Brokers Private Limited

Provides insurance broking services with licensed brokers and multiple office locations.

2002 | Surat, Gujarat (India) | Active
Last Updated:

Nj Insurance Brokers Profile

Key Indicators

  • Authorised Capital ₹ 1.25 Cr
  • Paid Up Capital ₹ 1.24 Cr
  • Company Age 22 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 25.72%
  • Profit Growth 52.51%
  • Ebitda 48.34%
  • Net Worth 44.67%
  • Total Assets 29.59%

About Nj Insurance Brokers

Nj Insurance Brokers Private Limited (NIBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 December 2002 and has a history of 22 years and three months. Its registered office is in Surat, Gujarat, India.

The Corporate was formerly known as Nj 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 1.25 Cr and a paid-up capital of Rs 1.24 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Nj Insurance Brokers Private Limited India is Krunal Shah as CFO. Niraj Choksi, Kulbhushan Nandwani, Husaini Kanchwala, and One other member serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U67200GJ2002PTC041664

  • Company No.

    041664

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Dec 2002

  • Date of AGM

    25 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Financial Services

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

Executive Team (1)

NameDesignationAppointment DateStatus
Krunal Shah CFO16-Jul-2021Current

Board Members (3)

NameDesignationAppointment DateStatus
Niraj Choksi Country flag representing In Director 10-Dec-2002Current
Kulbhushan Nandwani Country flag representing In Director 01-Mar-2012Current
Husaini Kanchwala Country flag representing In Director 25-Aug-2023Current

Financial Performance of Nj Insurance Brokers.

Nj Insurance Brokers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.72% increase. The company also saw a substantial improvement in profitability, with a 52.51% increase in profit. The company's net worth Soared by an impressive increase of 44.67%.

Nj Insurance Brokers revenue growth over time
Nj Insurance Brokers 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
25.72%
Revenue from Operations
24.46%
Total Assets
29.59%
Profit or Loss
52.51%
Net Worth
44.67%
EBITDA
48.34%

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

In 2023, Nj Insurance Brokers 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 Nj Insurance Brokers?

Nj Insurance Brokers has a workforce of 1516 employees as of Apr 11, 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.

Employee growth trends for Nj Insurance Brokers Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nj 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 Nj 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 Nj Insurance Brokers

Recent activity within the organization

  • Annual General Meeting

    Nj Insurance Brokers Private Limited last Annual general meeting of members was held on 25 Aug 2023 as per latest MCA records.

  • Director Appointment

    Husaini Kanchwala was appointed as a Director was appointed as a Director on 25 Aug 2023 & has been associated with this company since 1 year 7 months .

  • Balance Sheet

    Nj Insurance Brokers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

  • Director Appointment

    Krunal Pravinbhai Shah was appointed as a Director was appointed as a Director on 30 Jul 2022 & has been associated with this company since 2 years 8 months .

  • Director Appointment

    Krunal Pravinbhai Shah was appointed as a Cfo was appointed as a Cfo on 16 Jul 2021 & has been associated with this company since 3 years 8 months .

  • Director Appointment

    Kulbhushan Nandwani was appointed as a Director was appointed as a Director on 01 Mar 2012 & has been associated with this company since 13 years 29 days .

Frequently asked questions

  • What is the Incorporation or founding date of Nj Insurance Brokers Private Limited?

    Nj Insurance Brokers Private Limited was incorporated on 10 Dec 2002.

  • What is authorized share capital and paid-up capital of Nj Insurance Brokers Private Limited?

    The authorized share capital of Nj Insurance Brokers Private Limited is ₹ 1.25 Cr and paid-up capital is ₹ 1.24 Cr.

  • Who are the current board members & directors of Nj Insurance Brokers Private Limited?

    Currently 5 directors are associated with Nj Insurance Brokers Private Limited.

    • Niraj Ravindra Choksi
    • Kulbhushan Nandwani
    • Krunal Pravinbhai Shah
    • Husaini Kanchwala
    • Krunal Pravinbhai Shah
  • What is the registered address of Nj Insurance Brokers Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Nj Insurance Brokers Private Limited is Block No.502 2Nd Floor B Tower Udhna Udyognagar Sangh Commercial Complex Central Road No, .10 Udhna, Surat, Gujarat, India, 394210.

  • What is the corporate identification number (CIN) and company number of Nj Insurance Brokers Private Limited?

    The corporate identification number (CIN) of Nj Insurance Brokers Private Limited is U67200GJ2002PTC041664 and the company number is 041664 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Nj Insurance Brokers Private Limited?

    The Official website of Nj Insurance Brokers Private Limited is https://www.njinsure.in

  • What has been the recent revenue trend for Nj Insurance Brokers Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Nj Insurance Brokers Private Limited has risen by 25.72%.

  • How many employees does Nj Insurance Brokers Private Limited currently have?

    As Per 2023 financial reports, 1516 employees are currently employed by Nj Insurance Brokers Private Limited.

  • What change has been observed in the net worth of Nj Insurance Brokers Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Nj Insurance Brokers Private Limited has experienced an upsurge of 44.67%.

  • When was the last Balance Sheet of Nj Insurance Brokers Private Limited filed with the ROC?

    The most recent Balance Sheet for Nj Insurance Brokers Private Limited was filed with the ROC on 31 Mar 2023.

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