Provincial Insurance Broking Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 1.60 Cr
- Company Age 27 Year, 18 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.50 Cr
- Revenue Growth 39.59%
- Profit Growth 215.28%
- Ebitda 144.15%
- Net Worth 34.45%
- Total Assets 33.67%
About Provincial Insurance Broking
Provincial Insurance Broking Private Limited (PIBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 January 1998 and has a history of 27 years. Its registered office is in Nagpur, Maharashtra, India.
The Corporate was formerly known as Provincial Automobile Services 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 1.60 Cr.
The company currently has active open charges totaling ₹3.50 Cr.
Ashish Kale, Vilas Kale, Rupali Kale, and One other member serve as directors at the Company.
Company Details
-
Location
Nagpur, Maharashtra, India
-
Telephone
+91-XXXXXXXXXX
-
Email Address
-
Website
-
Social Media
Corporate Identity Details
-
CIN/LLPIN
U51909MH1998PTC113041
-
Company No.
113041
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
16 Jan 1998
-
Date of AGM
30 Sep 2023
-
Date of Balance Sheet
31 Mar 2023
-
Listing Status
Unlisted
-
ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Provincial Insurance Broking?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vilas Kale
|
Director | 16-Jan-1998 | Current |
|
Ashish Kale
|
Director | 16-Jan-1998 | Current |
|
Rupali Kale
|
Director | 03-Jun-2006 | Current |
|
Aditya Pradeep
|
Director | 01-Apr-2017 | Current |
Financial Performance of Provincial Insurance Broking.
Provincial Insurance Broking Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 39.59% increase. The company also saw a substantial improvement in profitability, with a 215.28% increase in profit. The company's net worth Soared by an impressive increase of 34.45%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Provincial Insurance Broking?
In 2023, Provincial 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.
Related Corporates (Common Directorship)
-
Provincial Tractors Private LimitedAshish Kale is a mutual person
-
Provincial Automobile Company Private LimitedAshish Kale and Vilas Kale are mutual person
-
Cenin Tours & Travels Company Private LimitedVilas Kale is a mutual person
-
Sadatan Ayurveda Private LimitedVilas Kale is a mutual person
-
Provincial Digital Communications Private Limited
Vilas Kale is a mutual person
-
Provincial Trucking Private LimitedAshish Kale and Rupali Kale are mutual person
Charges (Loans)
₹3.50 Cr
₹0
Charges Breakdown by Lending Institutions
- Ford Credit Kotak Mahindra Limited : 3.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Mar 1998 | Ford Credit Kotak Mahindra Limited | ₹3.50 Cr | Open |
How Many Employees Work at Provincial Insurance Broking?
Provincial Insurance Broking has a workforce of 36 employees as of Apr 08, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Provincial 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 Provincial Insurance Broking's trajectory.
Rating
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
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.