Prowess Insurance Brokers Private Limited

Provides insurance broking solutions for credit, political & financial risk in India since 2006.

2006 | Mumbai, Maharashtra (India) | Active
Last Updated: December 03, 2024

Prowess Insurance Brokers Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 5.95 Cr
  • Company Age 18 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 66.47%
  • Profit Growth 687.79%
  • Ebitda 776.57%
  • Net Worth 92.84%
  • Total Assets 62.54%

About Prowess Insurance Brokers

Prowess Insurance Brokers Private Limited (PIBPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 December 2006 and has a history of 18 years and one month. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Blend 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 6.00 Cr and a paid-up capital of Rs 5.95 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kailash Gupta and Archana Kejriwal serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U67200MH2006PTC166565

  • Company No.

    166565

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Dec 2006

  • 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 Prowess Insurance Brokers?

Board Members (2)

Name Designation Appointment Date Status
Kailash Gupta Country flag representing In Director 28-Dec-2006 Current
Archana Kejriwal Country flag representing In Director 14-Mar-2018 Current

Financial Performance of Prowess Insurance Brokers.

Prowess Insurance Brokers Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 66.47% increase. The company also saw a substantial improvement in profitability, with a 687.79% increase in profit. The company's net worth Soared by an impressive increase of 92.84%.

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
66.47%
Revenue from Operations
67.67%
Total Assets
62.54%
Profit or Loss
687.79%
Net Worth
92.84%
EBITDA
776.57%

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

In 2021, Prowess 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 Prowess Insurance Brokers?

Prowess Insurance Brokers has a workforce of 8 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Prowess 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 Prowess 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 Prowess Insurance Brokers

Recent activity within the organization

  • Annual General Meeting

    Prowess 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

    Prowess 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

    Archana Kejriwal was appointed as a Director was appointed as a Director on 14 Mar 2018 & has been associated with this company since 6 years 10 months .

    14 Mar 2018

  • Director Appointment

    Kailash Chandra Bhagwandas Gupta was appointed as a Director was appointed as a Director on 28 Dec 2006 & has been associated with this company since 18 years 1 month .

    28 Dec 2006

  • Company Incorporation

    Prowess Insurance Brokers Private Limited was registered on 28 Dec 2006 with Roc Mumbai & aged 18 years 1 month as per MCA records.

    28 Dec 2006

Frequently asked questions

  • Prowess Insurance Brokers Private Limited was incorporated on 28 Dec 2006.

  • The authorized share capital of Prowess Insurance Brokers Private Limited is ₹ 6.00 Cr and paid-up capital is ₹ 5.95 Cr.

  • Currently 2 directors are associated with Prowess Insurance Brokers Private Limited.

    • Kailash Chandra Bhagwandas Gupta
    • Archana Kejriwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prowess Insurance Brokers Private Limited is 401 Charkop Sai Shrishti Chs. Ltd. Charkop Rsc 25 Sector -Viii Opp. Mtnl, India, Kandivali West, Maharashtra, 400067.

  • The corporate identification number (CIN) of Prowess Insurance Brokers Private Limited is U67200MH2006PTC166565 and the company number is 166565 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Prowess Insurance Brokers Private Limited is https://www.prowessbrokers.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Prowess Insurance Brokers Private Limited has risen by 66.47%.

  • As Per 2021 financial reports, 8 employees are currently employed by Prowess Insurance Brokers Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Prowess Insurance Brokers Private Limited has experienced an upsurge of 92.84%.

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

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