Open World Insurance Broking Limited

Provides insurance broking services since 2008, based in Mumbai, Maharashtra.

2008 | Mumbai, Maharashtra (India) | Active
Last Updated: December 13, 2024

Open World Insurance Broking Profile

Key Indicators

  • Authorised Capital ₹ 2.70 Cr
  • Paid Up Capital ₹ 2.56 Cr
  • Company Age 16 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -3.30%
  • Profit Growth 44.79%
  • Ebitda 44.70%
  • Net Worth 39.23%
  • Total Assets -1.74%

About Open World Insurance Broking

Open World Insurance Broking Limited (OWIBL) is a Public Limited Indian Non-Government Company incorporated in India on 14 March 2008 and has a history of 16 years and ten months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Open World Knowledge Solutions 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 2.70 Cr and a paid-up capital of Rs 2.56 Cr, as per Ministry of Corporate Affairs (MCA) records.

Naraharisetty Kishore, Anuradha Pothula, Abhijit Pothula, and One other member 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

    U66000MH2008PLC180082

  • Company No.

    180082

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 Mar 2008

  • 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 Open World Insurance Broking?

Board Members (4)

Name Designation Appointment Date Status
Anuradha Pothula Country flag representing In Director 14-Mar-2008 Current
Abhijit Pothula Country flag representing In Additional Director 11-Nov-2021 Current
Naraharisetty Kishore Country flag representing In Director 14-Mar-2008 Current
Priyatam Kallakuri Country flag representing In Director 13-Jun-2024 Current

Financial Performance of Open World Insurance Broking.

Open World Insurance Broking Limited, for the financial year ended 2020, experienced Minor drop in revenue, with a 3.3% decrease. The company also saw a substantial improvement in profitability, with a 44.79% increase in profit. The company's net worth Soared by an impressive increase of 39.23%.

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
-3.30%
Revenue from Operations
-3.91%
Total Assets
-1.74%
Profit or Loss
44.79%
Net Worth
39.23%
EBITDA
44.70%

What is the Ownership and Shareholding Structure of Open World Insurance Broking?

In 2020, Open World 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 Open World Insurance Broking?

Open World Insurance Broking has a workforce of 1 employees as of Apr 04, 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 Open World 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 Open World 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 Open World Insurance Broking

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Director Appointment

    Priyatam Kallakuri was appointed as a Director was appointed as a Director on 13 Jun 2024 & has been associated with this company since 7 months 21 days .

    13 Jun 2024

  • Balance Sheet

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

    31 Mar 2024

  • Director Appointment

    Abhijit Pothula was appointed as a Additional Director was appointed as a Additional Director on 11 Nov 2021 & has been associated with this company since 3 years 2 months .

    11 Nov 2021

  • Director Appointment

    Naraharisetty Phani Kishore was appointed as a Director was appointed as a Director on 14 Mar 2008 & has been associated with this company since 16 years 10 months .

    14 Mar 2008

  • Director Appointment

    Anuradha Pothula was appointed as a Director was appointed as a Director on 14 Mar 2008 & has been associated with this company since 16 years 10 months .

    14 Mar 2008

Frequently asked questions

  • Open World Insurance Broking Limited was incorporated on 14 Mar 2008.

  • The authorized share capital of Open World Insurance Broking Limited is ₹ 2.70 Cr and paid-up capital is ₹ 2.56 Cr.

  • Currently 4 directors are associated with Open World Insurance Broking Limited.

    • Naraharisetty Phani Kishore
    • Anuradha Pothula
    • Abhijit Pothula
    • Priyatam Kallakuri
  • As per Ministry of Corporate Affairs (Mca), the registered address of Open World Insurance Broking Limited is 1402 Oberoi Woods, Mohan Gokhale Road Goregaon India, Mumbai, Maharashtra, 400063.

  • The corporate identification number (CIN) of Open World Insurance Broking Limited is U66000MH2008PLC180082 and the company number is 180082 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Open World Insurance Broking Limited is https://www.insuranceinbox.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Open World Insurance Broking Limited has fallen by -3.30%.

  • As Per 2020 financial reports, 1 employees are currently employed by Open World Insurance Broking Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Open World Insurance Broking Limited has experienced an upsurge of 39.23%.

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

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