Shift Risk Insurance Brokers Profile
Key Indicators
- Authorised Capital ₹ 8.50 M
as on 14-12-2024
- Paid Up Capital ₹ 7.50 M
as on 14-12-2024
- Company Age 16 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.68 M
as on 14-12-2024
- Revenue 9.37%
(FY 2023)
- Profit 69.35%
(FY 2023)
- Ebitda 64.22%
(FY 2023)
- Net Worth 18.07%
(FY 2023)
- Total Assets 19.34%
(FY 2023)
About Shift Risk Insurance Brokers
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.
- 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
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
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)
₹4.68 M
₹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.
