Palm Insurance Brokers Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.25 Cr
- Company Age 33 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 6.18 M
- Revenue Growth 17.51%
- Profit Growth -94.24%
- Ebitda -71.72%
- Net Worth 2.43%
- Total Assets 6.94%
About Palm Insurance Brokers
Palm Insurance Brokers Private Limited (PIBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 November 1991 and has a history of 33 years and six months. Its registered office is in Delhi, India.
The Corporate was formerly known as Palm Insurance Brokerage 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 2024. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.25 Cr.
The company currently has active open charges totaling ₹6.18 M.
Anand Verma, Mala Verma, and Kunal Verma serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U67200DL1991PTC046325
- Company No.
046325
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
07 Nov 1991
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Financial Services
Palm Insurance Brokers Private Limited
Explore comprehensive data for Palm Insurance Brokers Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Palm Insurance Brokers?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anand Verma  | Managing Director | 07-Nov-1991 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mala Verma | Director | 22-Sep-2004 | Current |
| Kunal Verma | Director | 14-Nov-2022 | Current |
Financial Performance of Palm Insurance Brokers.
Palm Insurance Brokers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.51% increase. The company also saw a substantial fall in profitability, with a 94.24% decrease in profit. The company's net worth moved up by a moderate rise of 2.43%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Palm Insurance Brokers?
In 2023, Palm 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.
Charges (Loans)
Open Charges
₹0.62 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 0.62 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Jun 2022 | Others | ₹6.18 M | Open |
How Many Employees Work at Palm Insurance Brokers?
Palm Insurance Brokers has a workforce of 25 employees as of Apr 06, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Palm 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 Palm Insurance Brokers's trajectory.
Rating
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
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 Palm Insurance Brokers
Recent activity within the organization
- Annual General Meeting
Palm Insurance Brokers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Palm Insurance Brokers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Director Appointment
Kunal Verma was appointed as a Director was appointed as a Director on 14 Nov 2022 & has been associated with this company since 2 years 6 months .
- Charges
A charge with Others amounted to Rs. 0.62 Cr with Charge ID 100595100 was registered on 28 Jun 2022.
- Director Appointment
Mala Verma was appointed as a Director was appointed as a Director on 22 Sep 2004 & has been associated with this company since 20 years 8 months .
- Director Appointment
Anand Kumar Verma was appointed as a Managing Director was appointed as a Managing Director on 07 Nov 1991 & has been associated with this company since 33 years 6 months .
Frequently asked questions
What is the Incorporation or founding date of Palm Insurance Brokers Private Limited?
Palm Insurance Brokers Private Limited was incorporated on 07 Nov 1991.
What is authorized share capital and paid-up capital of Palm Insurance Brokers Private Limited?
The authorized share capital of Palm Insurance Brokers Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.25 Cr.
Who are the current board members & directors of Palm Insurance Brokers Private Limited?
Currently 3 directors are associated with Palm Insurance Brokers Private Limited.
- Anand Kumar Verma
- Mala Verma
- Kunal Verma
What is the registered address of Palm Insurance Brokers Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Palm Insurance Brokers Private Limited is S-25 2Nd Floor Panchsheel Park, India, New Delhi, 110017.
What is the corporate identification number (CIN) and company number of Palm Insurance Brokers Private Limited?
The corporate identification number (CIN) of Palm Insurance Brokers Private Limited is U67200DL1991PTC046325 and the company number is 046325 as per Ministry of Corporate Affairs (MCA).
What is the official website of Palm Insurance Brokers Private Limited?
The Official website of Palm Insurance Brokers Private Limited is https://www.palminsurance.in
What has been the recent revenue trend for Palm Insurance Brokers Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Palm Insurance Brokers Private Limited has risen by 17.51%.
How many employees does Palm Insurance Brokers Private Limited currently have?
As Per 2023 financial reports, 25 employees are currently employed by Palm Insurance Brokers Private Limited.
What change has been observed in the net worth of Palm Insurance Brokers Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Palm Insurance Brokers Private Limited has experienced an upsurge of 2.43%.
What are the total open charges for Palm Insurance Brokers Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Palm Insurance Brokers Private Limited amount to ₹ 6.18 M.
When was the last Balance Sheet of Palm Insurance Brokers Private Limited filed with the ROC?
The most recent Balance Sheet for Palm Insurance Brokers Private Limited was filed with the ROC on 31 Mar 2024.
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