Ratnaafin Insurance Broking Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 10.00 Cr
- Company Age 5 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 5.00 M
- Revenue Growth 94.45%
- Profit Growth -42.55%
- Ebitda -31.13%
- Net Worth 77.27%
- Total Assets 66.54%
About Ratnaafin Insurance Broking
Ratnaafin Insurance Broking Private Limited (RIBPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 October 2019 (Five years and five months 2 days old ). Its registered office is in Ahmedabad, Gujarat, India.
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 10.00 Cr and a paid-up capital of Rs 10.00 Cr.
The company has closed loans amounting to ₹5.00 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Ratnaafin Insurance Broking Private Limited India is Pujan Raval as COMPANY SECRETARY. Nishad Shah and Malav Desai serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U66000GJ2019PTC110264
- Company No.
110264
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 Oct 2019
- Date of AGM
29 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Financial Services
Ratnaafin Insurance Broking Private Limited
Explore comprehensive data for Ratnaafin Insurance Broking Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Ratnaafin Insurance Broking?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Pujan Raval | Company Secretary | 29-Mar-2022 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Malav Desai  | Director | 11-Oct-2019 | Current |
| Nishad Shah | Director | 11-Oct-2019 | Current |
Financial Performance of Ratnaafin Insurance Broking.
Ratnaafin Insurance Broking Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 94.45% increase. The company also saw a substantial fall in profitability, with a 42.55% decrease in profit. The company's net worth Soared by an impressive increase of 77.27%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Ratnaafin Insurance Broking?
In 2023, Ratnaafin 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)
- Ratnaafin Capital Private Limited
Nishad Shah and Malav Desai are mutual person
- Ratnaurja Private Limited
Malav Desai is a mutual person
- Ratnaafin Enterprise Private Limited
Malav Desai is a mutual person
- Ratnaafin Business Solutions Private Limited
Malav Desai is a mutual person
Ratnaafin Management Services LlpNishad Shah and Malav Desai are mutual person
- Trupti Management Services Private Limited
Nishad Shah is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹0.50 Cr
Charges Breakdown by Lending Institutions
- Idbi Bank Limited : 0.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Aug 2020 | Idbi Bank Limited | ₹5.00 M | Satisfied |
How Many Employees Work at Ratnaafin Insurance Broking?
Ratnaafin Insurance Broking has a workforce of 70 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Ratnaafin 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 Ratnaafin 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 Ratnaafin Insurance Broking
Recent activity within the organization
- Annual General Meeting
Ratnaafin Insurance Broking Private Limited last Annual general meeting of members was held on 29 Sep 2024 as per latest MCA records.
- Balance Sheet
Ratnaafin Insurance Broking Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge registered on 19 Aug 2020 via Charge ID 100367126 with Idbi Bank Limited was fully satisfied on 07 Oct 2023.
- Director Appointment
Pujan Narayanlal Raval was appointed as a Company Secretary was appointed as a Company Secretary on 29 Mar 2022 & has been associated with this company since 2 years 11 months .
- Charges
A charge with Idbi Bank Limited amounted to Rs. 0.50 Cr with Charge ID 100367126 was registered on 19 Aug 2020.
- Director Appointment
Nishad Jitendra Shah was appointed as a Director was appointed as a Director on 11 Oct 2019 & has been associated with this company since 5 years 5 months .
Frequently asked questions
What is the Incorporation or founding date of Ratnaafin Insurance Broking Private Limited?
Ratnaafin Insurance Broking Private Limited was incorporated on 11 Oct 2019.
What is authorized share capital and paid-up capital of Ratnaafin Insurance Broking Private Limited?
The authorized share capital of Ratnaafin Insurance Broking Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 10.00 Cr.
Who are the current board members & directors of Ratnaafin Insurance Broking Private Limited?
Currently 3 directors are associated with Ratnaafin Insurance Broking Private Limited.
- Nishad Jitendra Shah
- Malav Gautam Desai
- Pujan Narayanlal Raval
What is the registered address of Ratnaafin Insurance Broking Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Ratnaafin Insurance Broking Private Limited is 203 204 205-Shilp Aperia Nr. Landmark Hotel Iscon-Ambli Road, Bodakdev India, Ahmedabad, Gujarat, 380052.
What is the corporate identification number (CIN) and company number of Ratnaafin Insurance Broking Private Limited?
The corporate identification number (CIN) of Ratnaafin Insurance Broking Private Limited is U66000GJ2019PTC110264 and the company number is 110264 as per Ministry of Corporate Affairs (MCA).
What is the official website of Ratnaafin Insurance Broking Private Limited?
The Official website of Ratnaafin Insurance Broking Private Limited is https://www.ratnaafinsure.com
What has been the recent revenue trend for Ratnaafin Insurance Broking Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Ratnaafin Insurance Broking Private Limited has risen by 94.45%.
How many employees does Ratnaafin Insurance Broking Private Limited currently have?
As Per 2023 financial reports, 70 employees are currently employed by Ratnaafin Insurance Broking Private Limited.
What change has been observed in the net worth of Ratnaafin Insurance Broking Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Ratnaafin Insurance Broking Private Limited has experienced an upsurge of 77.27%.
When was the last Balance Sheet of Ratnaafin Insurance Broking Private Limited filed with the ROC?
The most recent Balance Sheet for Ratnaafin Insurance Broking Private Limited was filed with the ROC on 31 Mar 2024.
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