Prime India Insurance Brokers Private Limited

Provides general insurance advisory, placements, and claims management services, including group insurance and risk management.

2012 | Mumbai, Maharashtra (India) | Active
Last Updated: July 17, 2024

Prime India Insurance Brokers Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 7.50 M
  • Company Age 12 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -19.48%
  • Profit Growth -39.37%
  • Ebitda 16.63%
  • Net Worth 28.05%
  • Total Assets 22.61%

About Prime India Insurance Brokers

Prime India Insurance Brokers Private Limited (PIIBPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 May 2012 and has a history of 12 years and nine months. Its registered office is in Mumbai, Maharashtra, 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 7.50 M and a paid-up capital of Rs 7.50 M, as per Ministry of Corporate Affairs (MCA) records.

Surajkumar Saraogi and Pushkaraj Shete serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    primeindia.co.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U66000MH2012PTC231498

  • Company No.

    231498

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 May 2012

  • Date of AGM

    25 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

What products or services does Prime India Insurance Brokers Private Limited offer?

Prime India Insurance Brokers Private Limited offers a wide range of products and services, including Insurance Agents and Services, Insurance Service, Insurance Claim Service, Claims Processing Services, Risk Management Services, Health Insurance, Group Health Insurance.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Pushkaraj Shete Country flag representing In Managing Director25-May-2012Current

Board Members (1)

NameDesignationAppointment DateStatus
Surajkumar Saraogi Country flag representing In Director 28-Aug-2017Current

Financial Performance of Prime India Insurance Brokers.

Prime India Insurance Brokers Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 19.48% decrease. The company also saw a substantial fall in profitability, with a 39.37% decrease in profit. The company's net worth Soared by an impressive increase of 28.05%.

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
-19.48%
Revenue from Operations
4.32%
Total Assets
22.61%
Profit or Loss
-39.37%
Net Worth
28.05%
EBITDA
16.63%

What is the Ownership and Shareholding Structure of Prime India Insurance Brokers?

In 2023, Prime India 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.

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 Prime India Insurance Brokers?

Unlock and access historical data on people associated with Prime India Insurance Brokers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Prime India 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 Prime India 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 Prime India Insurance Brokers

Recent activity within the organization

  • Annual General Meeting

    Prime India Insurance Brokers Private Limited last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.

    25 Sep 2023

  • Balance Sheet

    Prime India Insurance Brokers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Surajkumar Omprakash Saraogi was appointed as a Director was appointed as a Director on 28 Aug 2017 & has been associated with this company since 7 years 5 months .

    28 Aug 2017

  • Director Appointment

    Pushkaraj Vilas Shete was appointed as a Managing Director was appointed as a Managing Director on 25 May 2012 & has been associated with this company since 12 years 9 months .

    25 May 2012

  • Company Incorporation

    Prime India Insurance Brokers Private Limited was registered on 25 May 2012 with Roc Mumbai & aged 12 years 9 months as per MCA records.

    25 May 2012

Frequently asked questions

  • Prime India Insurance Brokers Private Limited was incorporated on 25 May 2012.

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

  • Currently 2 directors are associated with Prime India Insurance Brokers Private Limited.

    • Surajkumar Omprakash Saraogi
    • Pushkaraj Vilas Shete
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prime India Insurance Brokers Private Limited is A 602 6Th Level Marathonnextgen Innova G.K.Marg Lower Parel (West) Mumbai - 4, 00 013, Maharashtra, India, 400013.

  • The corporate identification number (CIN) of Prime India Insurance Brokers Private Limited is U66000MH2012PTC231498 and the company number is 231498 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Prime India Insurance Brokers Private Limited is https://www.primeindia.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Prime India Insurance Brokers Private Limited has fallen by -19.48%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Prime India Insurance Brokers Private Limited has experienced an upsurge of 28.05%.

  • The most recent Balance Sheet for Prime India Insurance Brokers Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Insurance Brokerage & Advisory