Probitas Insurance Brokers Private Limited

Provides insurance broking services for various products through partnerships with top insurance companies.

2014 | Mumbai, Maharashtra (India) | Active
Last Updated: December 12, 2024

Probitas Insurance Brokers Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 7.50 M
  • Company Age 10 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 4.50%
  • Profit Growth -229.08%
  • Ebitda -120.00%
  • Net Worth -15.26%
  • Total Assets -13.83%

About Probitas Insurance Brokers

Probitas Insurance Brokers Private Limited (PIBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 August 2014 and has a history of Ten years and five 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 7.50 M, as per Ministry of Corporate Affairs (MCA) records.

Nikunj Shah, Dhara Doshi, and Nitin Anam serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U66000MH2014PTC257301

  • Company No.

    257301

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Aug 2014

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

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

Board Members (3)

Name Designation Appointment Date Status
Nikunj Shah Country flag representing In Director 17-Nov-2023 Current
Dhara Doshi Country flag representing In Director 19-Aug-2014 Current
Nitin Anam Country flag representing In Director 19-Aug-2014 Current

Financial Performance of Probitas Insurance Brokers.

Probitas Insurance Brokers Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.5% increase. The company also saw a substantial fall in profitability, with a 229.08% decrease in profit. The company's net worth observed a substantial decline by a decrease of 15.26%.

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
4.50%
Revenue from Operations
4.76%
Total Assets
-13.83%
Profit or Loss
-229.08%
Net Worth
-15.26%
EBITDA
-120.00%

What is the Ownership and Shareholding Structure of Probitas Insurance Brokers?

In 2023, Probitas 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 Probitas Insurance Brokers?

Probitas Insurance Brokers has a workforce of 84 employees as of Mar 30, 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 Probitas 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 Probitas 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 Probitas Insurance Brokers

Recent activity within the organization

  • Annual General Meeting

    Probitas Insurance Brokers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Probitas Insurance Brokers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Nikunj Hirendra Shah was appointed as a Director was appointed as a Director on 17 Nov 2023 & has been associated with this company since 1 year 2 months .

    17 Nov 2023

  • Director Appointment

    Dhara Darshit Doshi was appointed as a Director was appointed as a Director on 19 Aug 2014 & has been associated with this company since 10 years 5 months .

    19 Aug 2014

  • Director Appointment

    Nitin Mathuradas Anam was appointed as a Director was appointed as a Director on 19 Aug 2014 & has been associated with this company since 10 years 5 months .

    19 Aug 2014

  • Company Incorporation

    Probitas Insurance Brokers Private Limited was registered on 19 Aug 2014 with Roc Mumbai & aged 10 years 5 months as per MCA records.

    19 Aug 2014

Recent News, Updates & Announcement

Frequently asked questions

  • Probitas Insurance Brokers Private Limited was incorporated on 19 Aug 2014.

  • The authorized share capital of Probitas Insurance Brokers Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 7.50 M.

  • Currently 3 directors are associated with Probitas Insurance Brokers Private Limited.

    • Nikunj Hirendra Shah
    • Dhara Darshit Doshi
    • Nitin Mathuradas Anam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Probitas Insurance Brokers Private Limited is 22 Floor-2 Plot-40 A Manoj Industrial Estate G D Ambekar Marg Wadala, India, Mumbai, Maharashtra, 400031.

  • The corporate identification number (CIN) of Probitas Insurance Brokers Private Limited is U66000MH2014PTC257301 and the company number is 257301 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Probitas Insurance Brokers Private Limited is https://www.probitas.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Probitas Insurance Brokers Private Limited has risen by 4.50%.

  • As Per 2023 financial reports, 84 employees are currently employed by Probitas Insurance Brokers Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Probitas Insurance Brokers Private Limited has experienced an downturn of -15.26%.

  • The most recent Balance Sheet for Probitas Insurance Brokers Private Limited was filed with the ROC on 31 Mar 2024.