Palm Insurance Brokers Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.25 Cr
- Company Age 33 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- 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 three months. Its registered office is in New Delhi, 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 2023. 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
New Delhi, 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
09 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
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)
₹0.62 Cr
₹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.
