Phonepe Insurance Broking Services Private Limited

Provides insurance broking services in accordance with regulatory guidelines, established in 2020 in Bangalore.

2020 | Bangalore, Karnataka (India) | Active
Last Updated: July 15, 2024

Phonepe Insurance Broking Services Profile

Key Indicators

  • Authorised Capital ₹ 1,300.00 Cr
  • Paid Up Capital ₹ 1,108.00 Cr
  • Company Age 5 Year, 5 Days
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 176.13%
  • Profit Growth -86.12%
  • Ebitda -85.77%
  • Net Worth 304.63%
  • Total Assets 95.27%

About Phonepe Insurance Broking Services

Phonepe Insurance Broking Services Private Limited (PIBSPL) is a Private Limited Foreign Company Incorporated In India incorporated in India on 19 February 2020 (Five years 5 days old ). Its registered office is in Bangalore, Karnataka, 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 2023. It's a company limited by shares with an authorized capital of Rs 1,300.00 Cr and a paid-up capital of Rs 1,108.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Phonepe Insurance Broking Services Private Limited India is Swati Srivastava as COMPANY SECRETARY. Nilesh Agarwal, Vishal Gupta, Pramod Suresh, and Two other members serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    phonepe.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U66000KA2020FTC132814

  • Company No.

    132814

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    19 Feb 2020

  • Date of AGM

    07 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services

Who are the key members and board of directors at Phonepe Insurance Broking Services?

Executive Team (1)

NameDesignationAppointment DateStatus
Swati Srivastava Country flag representing In Company Secretary26-Nov-2021Current

Board Members (5)

NameDesignationAppointment DateStatus
Nilesh Agarwal Country flag representing In Whole-Time Director 16-Aug-2023Current
Vishal Gupta Country flag representing In Director Current
Pramod Suresh Country flag representing In Director 16-Aug-2023Current
Sai Manchikanti Country flag representing In Director 19-Feb-2020Current
Vikram Jain Country flag representing In Whole-Time Director 17-Mar-2022Current

Financial Performance of Phonepe Insurance Broking Services.

Phonepe Insurance Broking Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 176.13% increase. The company also saw a substantial fall in profitability, with a 86.12% decrease in profit. The company's net worth Soared by an impressive increase of 304.63%.

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
176.13%
Revenue from Operations
244.59%
Total Assets
95.27%
Profit or Loss
-86.12%
Net Worth
304.63%
EBITDA
-85.77%

What is the Ownership and Shareholding Structure of Phonepe Insurance Broking Services?

In 2023, Phonepe Insurance Broking Services 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 Phonepe Insurance Broking Services?

Phonepe Insurance Broking Services has a workforce of 208 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 Phonepe Insurance Broking Services, 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 Phonepe Insurance Broking Services'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 Phonepe Insurance Broking Services

Recent activity within the organization

  • Annual General Meeting

    Phonepe Insurance Broking Services Private Limited last Annual general meeting of members was held on 07 Sep 2023 as per latest MCA records.

    07 Sep 2023

  • Director Appointment

    Nilesh Agarwal was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 16 Aug 2023 & has been associated with this company since 1 year 6 months .

    16 Aug 2023

  • Director Appointment

    Pramod Gubbi Suresh was appointed as a Director was appointed as a Director on 16 Aug 2023 & has been associated with this company since 1 year 6 months .

    16 Aug 2023

  • Balance Sheet

    Phonepe Insurance Broking Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Vikram Jain was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 17 Mar 2022 & has been associated with this company since 2 years 11 months .

    17 Mar 2022

  • Director Appointment

    Sai Prakash Manchikanti was appointed as a Director was appointed as a Director on 19 Feb 2020 & has been associated with this company since 5 years 5 days .

    19 Feb 2020

Recent News, Updates & Announcement

Frequently asked questions

  • Phonepe Insurance Broking Services Private Limited was incorporated on 19 Feb 2020.

  • The authorized share capital of Phonepe Insurance Broking Services Private Limited is ₹ 1,300.00 Cr and paid-up capital is ₹ 1,108.00 Cr.

  • Currently 6 directors are associated with Phonepe Insurance Broking Services Private Limited.

    • Nilesh Agarwal
    • Vishal Gupta
    • Pramod Gubbi Suresh
    • Sai Prakash Manchikanti
    • Vikram Jain
    • Swati Srivastava
  • As per Ministry of Corporate Affairs (Mca), the registered address of Phonepe Insurance Broking Services Private Limited is Office-2 Floor 4 5 6 7 Wing A Block A Salarpuria, Softzone Service Road Green Glen Layout Bellandur, Bengaluru, Karnataka, India, 560103.

  • The corporate identification number (CIN) of Phonepe Insurance Broking Services Private Limited is U66000KA2020FTC132814 and the company number is 132814 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Phonepe Insurance Broking Services Private Limited is https://www.phonepe.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Phonepe Insurance Broking Services Private Limited has risen by 176.13%.

  • As Per 2023 financial reports, 208 employees are currently employed by Phonepe Insurance Broking Services Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Phonepe Insurance Broking Services Private Limited has experienced an upsurge of 304.63%.

  • The most recent Balance Sheet for Phonepe Insurance Broking Services Private Limited was filed with the ROC on 31 Mar 2023.

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