Phoenix Assurance Private Limited

Provides contract staffing and insurance claim investigation services in multiple Indian states.

2019 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 23, 2024

Phoenix Assurance Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 5 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -23.96%
  • Profit Growth 818.47%
  • Ebitda 560.81%
  • Net Worth 379.49%
  • Total Assets -4.13%

About Phoenix Assurance

Phoenix Assurance Private Limited (PAPL) is a Private Limited Indian Non-Government Company incorporated in India on 31 July 2019 (Five years and six months 12 days old ). Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Phoenix Resourcing Private Limited. The Company is engaged in the Travel And Hospitality 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 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Rashmikant Patel and Geetaben Patel serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U93090GJ2019PTC109351

  • Company No.

    109351

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Jul 2019

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Travel and Hospitality
Business Outsourcing

Who are the key members and board of directors at Phoenix Assurance?

Board Members (2)

Name Designation Appointment Date Status
Rashmikant Patel Country flag representing In Director 31-Jul-2019 Current
Geetaben Patel Country flag representing In Director 17-Sep-2020 Current

Financial Performance of Phoenix Assurance.

Phoenix Assurance Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 23.96% decrease. The company also saw a substantial improvement in profitability, with a 818.47% increase in profit. The company's net worth Soared by an impressive increase of 379.49%.

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
-23.96%
Revenue from Operations
-24.05%
Total Assets
-4.13%
Profit or Loss
818.47%
Net Worth
379.49%
EBITDA
560.81%

What is the Ownership and Shareholding Structure of Phoenix Assurance?

Unlock access to Phoenix Assurance's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

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 Phoenix Assurance?

Phoenix Assurance has a workforce of 97 employees as of Apr 08, 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 Phoenix Assurance, 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 Phoenix Assurance'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 Phoenix Assurance

Recent activity within the organization

  • Annual General Meeting

    Phoenix Assurance Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Phoenix Assurance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Geetaben Patel was appointed as a Director was appointed as a Director on 17 Sep 2020 & has been associated with this company since 4 years 4 months .

    17 Sep 2020

  • Director Appointment

    Rashmikant Jayantilal Patel was appointed as a Director was appointed as a Director on 31 Jul 2019 & has been associated with this company since 5 years 6 months .

    31 Jul 2019

  • Company Incorporation

    Phoenix Assurance Private Limited was registered on 31 Jul 2019 with Roc Ahmedabad & aged 5 years 6 months as per MCA records.

    31 Jul 2019

Frequently asked questions

  • Phoenix Assurance Private Limited was incorporated on 31 Jul 2019.

  • The authorized share capital of Phoenix Assurance Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Phoenix Assurance Private Limited.

    • Rashmikant Jayantilal Patel
    • Geetaben Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Phoenix Assurance Private Limited is 1005, Shilp Zaveri Shayamal Cross Road India, Ahmadabad City, Gujarat, 380006.

  • The corporate identification number (CIN) of Phoenix Assurance Private Limited is U93090GJ2019PTC109351 and the company number is 109351 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Phoenix Assurance Private Limited has fallen by -23.96%.

  • As Per 2023 financial reports, 97 employees are currently employed by Phoenix Assurance Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Phoenix Assurance Private Limited has experienced an upsurge of 379.49%.

  • The most recent Balance Sheet for Phoenix Assurance Private Limited was filed with the ROC on 31 Mar 2023.

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