Paavana Insurance Brokers Private Limited

Insurance broker providing policy placement, claims and risk management services to various industries.

2015 | Chennai, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Paavana Insurance Brokers Profile

Key Indicators

  • Authorised Capital ₹ 8.00 M
  • Paid Up Capital ₹ 7.50 M
  • Company Age 9 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 13.85%
  • Profit Growth 22.83%
  • Ebitda 14.21%
  • Net Worth 28.17%
  • Total Assets 36.87%

About Paavana Insurance Brokers

Paavana Insurance Brokers Private Limited (PIBPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 November 2015 (Nine years and three months 15 days old ). Its registered office is in Chennai, Tamil Nadu, India.

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 8.00 M and a paid-up capital of Rs 7.50 M, as per Ministry of Corporate Affairs (MCA) records.

Ramanathan Chandrasekaran, Mohan Sriraman, Pratik Gandhi, and Three other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    paavanains.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U66000TN2015PTC102950

  • Company No.

    102950

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Nov 2015

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

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

Executive Team (1)

NameDesignationAppointment DateStatus
Mohan Sriraman Country flag representing In Managing Director09-Nov-2015Current

Board Members (5)

NameDesignationAppointment DateStatus
Pratik Gandhi Country flag representing In Whole-Time Director 02-Nov-2021Current
Ramanathan Chandrasekaran Country flag representing In Director 23-Aug-2016Current
David Joseph Country flag representing In Whole-Time Director 02-Nov-2021Current
Bhuvana Mohan Country flag representing In Whole-Time Director 04-Oct-2019Current
Jambunathan Sridhar Country flag representing In Director 23-Aug-2016Current

Financial Performance of Paavana Insurance Brokers.

Paavana Insurance Brokers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.85% increase. The company also saw a substantial improvement in profitability, with a 22.83% increase in profit. The company's net worth Soared by an impressive increase of 28.17%.

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
13.85%
Revenue from Operations
13.77%
Total Assets
36.87%
Profit or Loss
22.83%
Net Worth
28.17%
EBITDA
14.21%

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

In 2023, Paavana Insurance Brokers had a promoter holding of 84.00% and a public holding of 16.00%. 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 Paavana Insurance Brokers?

Paavana Insurance Brokers has a workforce of 35 employees as of Mar 31, 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 Paavana 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 Paavana 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 Paavana Insurance Brokers

Recent activity within the organization

  • Annual General Meeting

    Paavana Insurance Brokers Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Balance Sheet

    Paavana Insurance Brokers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Pratik Punamchand Gandhi was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 02 Nov 2021 & has been associated with this company since 3 years 3 months .

    02 Nov 2021

  • Director Appointment

    Bhuvana Mohan was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 04 Oct 2019 & has been associated with this company since 5 years 4 months .

    04 Oct 2019

  • Director Appointment

    Ramanathan Chandrasekaran was appointed as a Director was appointed as a Director on 23 Aug 2016 & has been associated with this company since 8 years 6 months .

    23 Aug 2016

  • Director Appointment

    Jambunathan Sridhar was appointed as a Director was appointed as a Director on 23 Aug 2016 & has been associated with this company since 8 years 6 months .

    23 Aug 2016

Frequently asked questions

  • Paavana Insurance Brokers Private Limited was incorporated on 09 Nov 2015.

  • The authorized share capital of Paavana Insurance Brokers Private Limited is ₹ 8.00 M and paid-up capital is ₹ 7.50 M.

  • Currently 6 directors are associated with Paavana Insurance Brokers Private Limited.

    • Ramanathan Chandrasekaran
    • Mohan Sriraman
    • Pratik Punamchand Gandhi
    • David Theodore Joseph
    • Bhuvana Mohan
    • Jambunathan Sridhar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Paavana Insurance Brokers Private Limited is New No 80 Plot B 157 2Nd Floor 7Th Avenue, Ashok Nagar India, Chennai, Tamil Nadu, 600083.

  • The corporate identification number (CIN) of Paavana Insurance Brokers Private Limited is U66000TN2015PTC102950 and the company number is 102950 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Paavana Insurance Brokers Private Limited is https://www.paavanains.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Paavana Insurance Brokers Private Limited has risen by 13.85%.

  • As Per 2023 financial reports, 35 employees are currently employed by Paavana Insurance Brokers Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Paavana Insurance Brokers Private Limited has experienced an upsurge of 28.17%.

  • The most recent Balance Sheet for Paavana Insurance Brokers Private Limited was filed with the ROC on 31 Mar 2024.

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