Profins Insurance Broking Private Limited

Provides insurance broking and intermediary services for general insurance industry.

2012 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 11, 2024

Profins Insurance Broking Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.79 Cr
  • Company Age 12 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 8.48%
  • Profit Growth -5.40%
  • Ebitda 96.58%
  • Net Worth 23.31%
  • Total Assets 21.44%

About Profins Insurance Broking

Profins Insurance Broking Private Limited (PIBPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 December 2012 and has a history of 12 years and one month. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Profins Insurance Brokers 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 2024. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.79 Cr, as per Ministry of Corporate Affairs (MCA) records.

Narasimhan Rajagopalan, Sundaresan Bhaskar, Selvaraj Deepak, and One other member serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U66000TN2012PTC089040

  • Company No.

    089040

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Dec 2012

  • Date of AGM

    02 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

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

Executive Team (1)

Name Designation Appointment Date Status
Sundaresan Bhaskar Country flag representing In Managing Director 18-Dec-2012 Current

Board Members (3)

Name Designation Appointment Date Status
Narasimhan Rajagopalan Country flag representing In Director 04-Aug-2022 Current
Selvaraj Deepak Country flag representing In Director 01-Apr-2024 Current
Jayanthi Devarajan Country flag representing In Director 01-Apr-2024 Current

Financial Performance of Profins Insurance Broking.

Profins Insurance Broking Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 8.48% increase. The company also saw a slight decrease in profitability, with a 5.4% decrease in profit. The company's net worth Soared by an impressive increase of 23.31%.

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
8.48%
Revenue from Operations
7.62%
Total Assets
21.44%
Profit or Loss
-5.40%
Net Worth
23.31%
EBITDA
96.58%

What is the Ownership and Shareholding Structure of Profins Insurance Broking?

In 2021, Profins Insurance Broking 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 Profins Insurance Broking?

Unlock and access historical data on people associated with Profins Insurance Broking, 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 Profins Insurance Broking, 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 Profins Insurance Broking'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 Profins Insurance Broking

Recent activity within the organization

  • Annual General Meeting

    Profins Insurance Broking Private Limited last Annual general meeting of members was held on 02 Sep 2024 as per latest MCA records.

    02 Sep 2024

  • Director Appointment

    Selvaraj Vishnu Deepak was appointed as a Director was appointed as a Director on 01 Apr 2024 & has been associated with this company since 10 months 1 day .

    01 Apr 2024

  • Director Appointment

    Jayanthi Devarajan was appointed as a Director was appointed as a Director on 01 Apr 2024 & has been associated with this company since 10 months 1 day .

    01 Apr 2024

  • Balance Sheet

    Profins Insurance Broking Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Narasimhan Rajagopalan was appointed as a Director was appointed as a Director on 04 Aug 2022 & has been associated with this company since 2 years 6 months .

    04 Aug 2022

  • Director Appointment

    Sundaresan Bhaskar was appointed as a Managing Director was appointed as a Managing Director on 18 Dec 2012 & has been associated with this company since 12 years 1 month .

    18 Dec 2012

Frequently asked questions

  • Profins Insurance Broking Private Limited was incorporated on 18 Dec 2012.

  • The authorized share capital of Profins Insurance Broking Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.79 Cr.

  • Currently 4 directors are associated with Profins Insurance Broking Private Limited.

    • Narasimhan Rajagopalan
    • Sundaresan Bhaskar
    • Selvaraj Vishnu Deepak
    • Jayanthi Devarajan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Profins Insurance Broking Private Limited is Unit E5 F5 (Level Iv) Anmol Palani 88 Gn Chetty Road, T Nagar India, Chennai, Tamil Nadu, 600017.

  • The corporate identification number (CIN) of Profins Insurance Broking Private Limited is U66000TN2012PTC089040 and the company number is 089040 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Profins Insurance Broking Private Limited is https://www.profins.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Profins Insurance Broking Private Limited has risen by 8.48%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Profins Insurance Broking Private Limited has experienced an upsurge of 23.31%.

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

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