Samay Insurance Brokers Private Limited

Provides insurance brokerage and agency services, procures insurance contracts and places risks with IRDA permission.

2010 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Samay Insurance Brokers Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.25 Cr
  • Company Age 14 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 3851.87%
  • Profit Growth 104.29%
  • Ebitda 9.86%
  • Net Worth -0.53%
  • Total Assets 2.84%

About Samay Insurance Brokers

Samay Insurance Brokers Private Limited (SIBPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 June 2010 and has a history of 14 years and seven months. Its registered office is in Mumbai, Maharashtra, 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 1.50 Cr and a paid-up capital of Rs 1.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sandeep Shah, Hiren Vakharia, and Susanta Mohapatra serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U67200MH2010PTC204023

  • Company No.

    204023

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Jun 2010

  • 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 Samay Insurance Brokers?

Board Members (3)

Name Designation Appointment Date Status
Sandeep Shah Country flag representing In Director 11-Jun-2010 Current
Hiren Vakharia Country flag representing In Director 06-Aug-2022 Current
Susanta Mohapatra Director 02-Feb-2023 Current

Financial Performance of Samay Insurance Brokers.

Samay Insurance Brokers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 3851.87% increase. The company also saw a substantial improvement in profitability, with a 104.29% increase in profit. The company's net worth dipped by a decrease of 0.53%.

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
3851.87%
Revenue from Operations
16048.98%
Total Assets
2.84%
Profit or Loss
104.29%
Net Worth
-0.53%
EBITDA
9.86%

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

In 2023, Samay 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 Samay Insurance Brokers?

Unlock and access historical data on people associated with Samay Insurance Brokers, 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 Samay 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 Samay 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 Samay Insurance Brokers

Recent activity within the organization

  • Annual General Meeting

    Samay 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

    Samay 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

    Susanta Mohapatra was appointed as a Director was appointed as a Director on 02 Feb 2023 & has been associated with this company since 2 years 6 days .

    02 Feb 2023

  • Director Appointment

    Hiren Chhabildas Vakharia was appointed as a Director was appointed as a Director on 06 Aug 2022 & has been associated with this company since 2 years 6 months .

    06 Aug 2022

  • Director Appointment

    Sandeep Jasvantlal Shah was appointed as a Director was appointed as a Director on 11 Jun 2010 & has been associated with this company since 14 years 7 months .

    11 Jun 2010

  • Company Incorporation

    Samay Insurance Brokers Private Limited was registered on 11 Jun 2010 with Roc Mumbai & aged 14 years 7 months as per MCA records.

    11 Jun 2010

Frequently asked questions

  • Samay Insurance Brokers Private Limited was incorporated on 11 Jun 2010.

  • The authorized share capital of Samay Insurance Brokers Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.25 Cr.

  • Currently 3 directors are associated with Samay Insurance Brokers Private Limited.

    • Sandeep Jasvantlal Shah
    • Hiren Chhabildas Vakharia
    • Susanta Mohapatra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Samay Insurance Brokers Private Limited is Office No. 525 5Th Floor Ijmima Complex Off Link Road Malad (West), Mumbai West India, Malad West, Maharashtra, 400064.

  • The corporate identification number (CIN) of Samay Insurance Brokers Private Limited is U67200MH2010PTC204023 and the company number is 204023 as per Ministry of Corporate Affairs (MCA).

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

  • According to the financial reports for the fiscal year 2023, the revenue trend for Samay Insurance Brokers Private Limited has risen by 3851.87%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Samay Insurance Brokers Private Limited has experienced an downturn of -0.53%.

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

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