S & S General Insurance Brokers (India) Limited

Provides general insurance brokerage services, registered and licensed by IRDAI.

2002 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 30, 2024

S & S General Insurance Brokers (India) Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 22 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 4.50 M
  • Revenue Growth -33.54%
  • Profit Growth -73.30%
  • Ebitda -72.23%
  • Net Worth 0.60%
  • Total Assets -1.13%

About S & S General Insurance Brokers (India)

S & S General Insurance Brokers (India) Limited (SSGIBIL) is a Public Limited Indian Non-Government Company incorporated in India on 27 November 2002 and has a history of 22 years and two months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as S & S General Insurance Professionals Of (India) 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 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company has closed loans amounting to ₹4.50 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Kanthan, Sudha Singaravelu, Janani Singaravelu, and Three other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U67200TN2002PLC049939

  • Company No.

    049939

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Nov 2002

  • Date of AGM

    21 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at S & S General Insurance Brokers (India)?

Executive Team (1)

Name Designation Appointment Date Status
Singaravelu Country flag representing In Managing Director 27-Nov-2002 Current

Board Members (5)

Name Designation Appointment Date Status
Kanthan Country flag representing In Director 30-Jul-2005 Current
Sudha Singaravelu Country flag representing In Director 03-Aug-2006 Current
Janani Singaravelu Country flag representing In Director 06-Apr-2012 Current
Rajagopalan Appadurai Country flag representing In Director 07-Apr-2006 Current
Rangasamy Gunasekaran Country flag representing In Director 03-Aug-2006 Current

Financial Performance of S & S General Insurance Brokers (India).

S & S General Insurance Brokers (India) Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 33.54% decrease. The company also saw a substantial fall in profitability, with a 73.3% decrease in profit. The company's net worth moved up by a moderate rise of 0.6%.

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
-33.54%
Revenue from Operations
-34.48%
Total Assets
-1.13%
Profit or Loss
-73.30%
Net Worth
0.60%
EBITDA
-72.23%

What is the Ownership and Shareholding Structure of S & S General Insurance Brokers (India)?

In 2021, S & S General Insurance Brokers (India) had a promoter holding of 92.00% and a public holding of 8.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹0.45 Cr

Charges Breakdown by Lending Institutions

  • Pnb Housing Finance Limited : 0.45 Cr

Latest Charge Details

Date Lender Amount Status
04 Mar 2013 Pnb Housing Finance Limited ₹4.50 M Satisfied

How Many Employees Work at S & S General Insurance Brokers (India)?

Unlock and access historical data on people associated with S & S General Insurance Brokers (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of S & S General Insurance Brokers (India), 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 S & S General Insurance Brokers (India)'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 S & S General Insurance Brokers (India)

Recent activity within the organization

  • Annual General Meeting

    S & S General Insurance Brokers (India) Limited last Annual general meeting of members was held on 21 Sep 2024 as per latest MCA records.

    21 Sep 2024

  • Balance Sheet

    S & S General Insurance Brokers (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge registered on 04 Mar 2013 via Charge ID 10422090 with Pnb Housing Finance Limited was fully satisfied on 27 Sep 2019.

    27 Sep 2019

  • Charges

    A charge with Pnb Housing Finance Limited amounted to Rs. 0.45 Cr with Charge ID 10422090 was registered on 04 Mar 2013.

    04 Mar 2013

  • Director Appointment

    Janani Singaravelu was appointed as a Director was appointed as a Director on 06 Apr 2012 & has been associated with this company since 12 years 9 months .

    06 Apr 2012

  • Director Appointment

    Sudha Singaravelu was appointed as a Director was appointed as a Director on 03 Aug 2006 & has been associated with this company since 18 years 6 months .

    03 Aug 2006

Frequently asked questions

  • S & S General Insurance Brokers (India) Limited was incorporated on 27 Nov 2002.

  • The authorized share capital of S & S General Insurance Brokers (India) Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 6 directors are associated with S & S General Insurance Brokers (India) Limited.

    • Kanthan
    • Sudha Singaravelu
    • Janani Singaravelu
    • Rajagopalan Appadurai
    • Singaravelu
    • Rangasamy Gunasekaran
  • As per Ministry of Corporate Affairs (Mca), the registered address of S & S General Insurance Brokers (India) Limited is Flat No.6 Ii Floor Balaji Enclave No.6/10 United India Colony 3Rd Cross Street, Ko Dambakkam, Chennai, Tamil Nadu, 600024.

  • The corporate identification number (CIN) of S & S General Insurance Brokers (India) Limited is U67200TN2002PLC049939 and the company number is 049939 as per Ministry of Corporate Affairs (MCA).

  • The Official website of S & S General Insurance Brokers (India) Limited is https://www.snsgib.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for S & S General Insurance Brokers (India) Limited has fallen by -33.54%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of S & S General Insurance Brokers (India) Limited has experienced an upsurge of 0.60%.

  • The most recent Balance Sheet for S & S General Insurance Brokers (India) Limited was filed with the ROC on 31 Mar 2024.

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