Ratnaafin Insurance Broking Private Limited logo

Ratnaafin Insurance Broking Private Limited

Provides direct insurance broking services for life, general, and health insurance.
2019 | Ahmedabad, Gujarat (India) | Active

Last Updated:

October 24, 2024
HomeCompanyRatnaafin Insurance Broking Private Limited

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

Executive Team (1)

NameDesignationAppointment DateStatus
Pujan RavalCompany Secretary29-Mar-2022Current

Board Members(2)

NameDesignationAppointment DateStatus
Malav Desai In Director 11-Oct-2019Current
Nishad Shah In Director 11-Oct-2019Current

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%.

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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
94.45%
Revenue from Operations
94.27%
Total Assets
66.54%
Profit or Loss
-42.55%
Net Worth
77.27%
EBITDA
-31.13%

Related Corporates (Common Directorship)

Charges (Loans)

Satisfied Charges

₹0.50 Cr

LenderAmountStatus

Idbi Bank Limited

Creation Date: 19 Aug 2020
₹5.00 MSatisfied

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.

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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.

    29 Sep 2024

  • Balance Sheet

    Ratnaafin Insurance Broking Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge registered on 19 Aug 2020 via Charge ID 100367126 with Idbi Bank Limited was fully satisfied on 07 Oct 2023.

    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 8 months .

    29 Mar 2022

  • Charges

    A charge with Idbi Bank Limited amounted to Rs. 0.50 Cr with Charge ID 100367126 was registered on 19 Aug 2020.

    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 2 months .

    11 Oct 2019

Frequently asked questions

  • Ratnaafin Insurance Broking Private Limited was incorporated on 11 Oct 2019.

  • The authorized share capital of Ratnaafin Insurance Broking Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 10.00 Cr.

  • Currently 3 directors are associated with Ratnaafin Insurance Broking Private Limited.

    • Nishad Jitendra Shah
    • Malav Gautam Desai
    • Pujan Narayanlal Raval
  • 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.

  • 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).

  • The Official website of Ratnaafin Insurance Broking Private Limited is https://www.ratnaafinsure.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ratnaafin Insurance Broking Private Limited has risen by 94.45%.

  • As Per 2023 financial reports, 70 employees are currently employed by Ratnaafin Insurance Broking Private Limited.

  • 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%.

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

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