Providence India Insurance Broking Private Limited logo

Providence India Insurance Broking Private Limited

Insurance broking and risk management services provider since 2015.
2015 | Hyderabad, Telangana (India) | Active

Last Updated:

December 17, 2024
HomeCompanyProvidence India Insurance Broking Private Limited

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

Board Members(2)

NameDesignationAppointment DateStatus
Madhusudhana Kalavendi In Director 23-Mar-2022Current
Pamidi Kumar In Director 01-Jun-2023Current

Financial of Providence India Insurance Broking.

Providence India Insurance Broking Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 7% decrease. The company also saw a substantial fall in profitability, with a 75.46% decrease in profit. The company's net worth moved up by a moderate rise of 0.78%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-7.00%
Revenue from Operations
-7.09%
Total Assets
-0.93%
Profit or Loss
-75.46%
Net Worth
0.78%
EBITDA
-59.34%

Charges (Loans)

Open Charges

₹1.30 Cr

LenderAmountStatus

Axis Bank Limited

Creation Date: 31 Jul 2021
₹1.30 CrOpen

How Many Employees Work at Providence India Insurance Broking?

Providence India Insurance Broking has a workforce of 19 employees as of Apr 06, 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.

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Latest Updates, News, and FAQs on Providence India Insurance Broking

Recent activity within the organization

  • Annual General Meeting

    Providence India Insurance Broking Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Pamidi Vijaya Kumar was appointed as a Director was appointed as a Director on 01 Jun 2023 & has been associated with this company since 1 year 6 months .

    01 Jun 2023

  • Balance Sheet

    Providence India Insurance Broking Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Director Appointment

    Madhusudhana Sastry Kalavendi was appointed as a Director was appointed as a Director on 23 Mar 2022 & has been associated with this company since 2 years 9 months .

    23 Mar 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.30 Cr with Charge ID 100494234 was registered on 31 Jul 2021.

    31 Jul 2021

  • Company Incorporation

    Providence India Insurance Broking Private Limited was registered on 12 Jan 2015 with Roc Hyderabad & aged 9 years 11 months as per MCA records.

    12 Jan 2015

Frequently asked questions

  • Providence India Insurance Broking Private Limited was incorporated on 12 Jan 2015.

  • The authorized share capital of Providence India Insurance Broking Private Limited is ₹ 9.50 Cr and paid-up capital is ₹ 9.48 Cr.

  • Currently 2 directors are associated with Providence India Insurance Broking Private Limited.

    • Madhusudhana Sastry Kalavendi
    • Pamidi Vijaya Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Providence India Insurance Broking Private Limited is 6-3-1112 First Floor Avr Towers Adjacent Lane To Kirtilal Jewellers, Somajiguda Circle India, Hyderabad, Telangana, 500016.

  • The corporate identification number (CIN) of Providence India Insurance Broking Private Limited is U67190TG2015PTC097235 and the company number is 097235 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Providence India Insurance Broking Private Limited is https://www.providenceindia.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Providence India Insurance Broking Private Limited has fallen by -7.00%.

  • As Per 2023 financial reports, 19 employees are currently employed by Providence India Insurance Broking Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Providence India Insurance Broking Private Limited has experienced an upsurge of 0.78%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Providence India Insurance Broking Private Limited amount to ₹ 1.30 Cr.

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