Shift Risk Insurance Brokers Profile
Key Indicators
- Authorised Capital ₹ 8.50 M
- Paid Up Capital ₹ 7.50 M
- Company Age 17 Year, 30 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.68 M
- Revenue Growth 9.37%
- Profit Growth 69.35%
- Ebitda 64.22%
- Net Worth 18.07%
- Total Assets 19.34%
About Shift Risk Insurance Brokers
Shift Risk Insurance Brokers Limited (SRIBL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 April 2008 and has a history of 17 years. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Opal Insurance Services 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 8.50 M and a paid-up capital of Rs 7.50 M.
The company currently has active open charges totaling ₹4.68 M.
Vishva Handa, Hetal Sodha, and Kanika Popat serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U66000MH2008PLC180664
- Company No.
180664
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
01 Apr 2008
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
Shift Risk Insurance Brokers Limited
Explore comprehensive data for Shift Risk Insurance Brokers Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Shift Risk Insurance Brokers?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vishva Handa  | Director | 23-Jun-2015 | Current |
| Hetal Sodha | Director | 19-Nov-2015 | Current |
| Kanika Popat | Director | 27-Dec-2021 | Current |
Financial Performance of Shift Risk Insurance Brokers.
Shift Risk Insurance Brokers Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.37% increase. The company also saw a substantial improvement in profitability, with a 69.35% increase in profit. The company's net worth Soared by an impressive increase of 18.07%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Shift Risk Insurance Brokers?
In 2023, Shift Risk 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.
Charges (Loans)
Open Charges
₹4.68 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 0.47 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Oct 2023 | Hdfc Bank Limited | ₹3.48 M | Open |
| 27 Apr 2022 | Hdfc Bank Limited | ₹1.20 M | Open |
How Many Employees Work at Shift Risk Insurance Brokers?
Shift Risk Insurance Brokers has a workforce of 71 employees as of Apr 05, 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 Shift Risk 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 Shift Risk Insurance Brokers'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 Shift Risk Insurance Brokers
Recent activity within the organization
- Annual General Meeting
Shift Risk Insurance Brokers Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Shift Risk Insurance Brokers Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 3.48 M with Charge ID 100829237 was registered on 26 Oct 2023.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.20 M with Charge ID 100571869 was registered on 27 Apr 2022.
- Director Appointment
Kanika Kunal Popat was appointed as a Director was appointed as a Director on 27 Dec 2021 & has been associated with this company since 3 years 4 months .
- Director Appointment
Hetal Himanshu Sodha was appointed as a Director was appointed as a Director on 19 Nov 2015 & has been associated with this company since 9 years 5 months .
Frequently asked questions
What is the Incorporation or founding date of Shift Risk Insurance Brokers Limited?
Shift Risk Insurance Brokers Limited was incorporated on 01 Apr 2008.
What is authorized share capital and paid-up capital of Shift Risk Insurance Brokers Limited?
The authorized share capital of Shift Risk Insurance Brokers Limited is ₹ 8.50 M and paid-up capital is ₹ 7.50 M.
Who are the current board members & directors of Shift Risk Insurance Brokers Limited?
Currently 3 directors are associated with Shift Risk Insurance Brokers Limited.
- Vishva Mitter Handa
- Hetal Himanshu Sodha
- Kanika Kunal Popat
What is the registered address of Shift Risk Insurance Brokers Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Shift Risk Insurance Brokers Limited is 501-502 5Th Floor Pearl Building B Wing Sandhu Marg 19Th Road Corner, Chembur India, Mumbai, Maharashtra, 400071.
What is the corporate identification number (CIN) and company number of Shift Risk Insurance Brokers Limited?
The corporate identification number (CIN) of Shift Risk Insurance Brokers Limited is U66000MH2008PLC180664 and the company number is 180664 as per Ministry of Corporate Affairs (MCA).
What is the official website of Shift Risk Insurance Brokers Limited?
The Official website of Shift Risk Insurance Brokers Limited is https://www.shiftrisk.com
What has been the recent revenue trend for Shift Risk Insurance Brokers Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Shift Risk Insurance Brokers Limited has risen by 9.37%.
How many employees does Shift Risk Insurance Brokers Limited currently have?
As Per 2023 financial reports, 71 employees are currently employed by Shift Risk Insurance Brokers Limited.
What change has been observed in the net worth of Shift Risk Insurance Brokers Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Shift Risk Insurance Brokers Limited has experienced an upsurge of 18.07%.
What are the total open charges for Shift Risk Insurance Brokers Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Shift Risk Insurance Brokers Limited amount to ₹ 4.68 M.
When was the last Balance Sheet of Shift Risk Insurance Brokers Limited filed with the ROC?
The most recent Balance Sheet for Shift Risk Insurance Brokers Limited was filed with the ROC on 31 Mar 2024.
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