Provincial Insurance Broking Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 1.60 Cr
- Company Age 27 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- 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 and four months. Its registered office is in Nagpur, Maharashtra, India.
The Corporate was formerly known as Provincial Insurance Brokerage 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 5.00 Cr and a paid-up capital of Rs 1.60 Cr.
The company currently has active open charges totaling ₹3.50 Cr.
Aditya Pradeep, Vilas Kale, Ashish 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 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
Provincial Insurance Broking Private Limited
Explore comprehensive data for Provincial Insurance Broking Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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 |
| Aditya Pradeep | Director | 01-Apr-2017 | Current |
| Ashish Kale | Director | 16-Jan-1998 | Current |
| Rupali Kale | Director | 03-Jun-2006 | 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
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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 LimitedVilas Kale and Ashish 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)
Open Charges
₹3.50 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Provincial Insurance Broking
Recent activity within the organization
- Annual General Meeting
Provincial Insurance Broking Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Provincial Insurance Broking Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Aditya Suklikar Pradeep was appointed as a Director was appointed as a Director on 01 Apr 2017 & has been associated with this company since 8 years 1 month .
- Director Appointment
Rupali Ashish Kale was appointed as a Director was appointed as a Director on 03 Jun 2006 & has been associated with this company since 18 years 11 months .
- Charges
A charge with Ford Credit Kotak Mahindra Limited amounted to Rs. 3.50 Cr with Charge ID 90145932 was registered on 25 Mar 1998.
- Director Appointment
Vilas Anand Kale was appointed as a Director was appointed as a Director on 16 Jan 1998 & has been associated with this company since 27 years 4 months .
Frequently asked questions
What is the Incorporation or founding date of Provincial Insurance Broking Private Limited?
Provincial Insurance Broking Private Limited was incorporated on 16 Jan 1998.
What is authorized share capital and paid-up capital of Provincial Insurance Broking Private Limited?
The authorized share capital of Provincial Insurance Broking Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 1.60 Cr.
Who are the current board members & directors of Provincial Insurance Broking Private Limited?
Currently 4 directors are associated with Provincial Insurance Broking Private Limited.
- Aditya Suklikar Pradeep
- Vilas Anand Kale
- Ashish Harshraj Kale
- Rupali Ashish Kale
What is the registered address of Provincial Insurance Broking Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Provincial Insurance Broking Private Limited is 7 Kings Way, India, Nagpur, Maharashtra, 440001.
What is the corporate identification number (CIN) and company number of Provincial Insurance Broking Private Limited?
The corporate identification number (CIN) of Provincial Insurance Broking Private Limited is U51909MH1998PTC113041 and the company number is 113041 as per Ministry of Corporate Affairs (MCA).
What is the official website of Provincial Insurance Broking Private Limited?
The Official website of Provincial Insurance Broking Private Limited is https://www.provincialauto.in
What has been the recent revenue trend for Provincial Insurance Broking Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Provincial Insurance Broking Private Limited has risen by 39.59%.
How many employees does Provincial Insurance Broking Private Limited currently have?
As Per 2023 financial reports, 36 employees are currently employed by Provincial Insurance Broking Private Limited.
What change has been observed in the net worth of Provincial Insurance Broking Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Provincial Insurance Broking Private Limited has experienced an upsurge of 34.45%.
What are the total open charges for Provincial Insurance Broking Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Provincial Insurance Broking Private Limited amount to ₹ 3.50 Cr.
When was the last Balance Sheet of Provincial Insurance Broking Private Limited filed with the ROC?
The most recent Balance Sheet for Provincial Insurance Broking Private Limited was filed with the ROC on 31 Mar 2024.
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