Spectrum Insurance Distribution Limited

Provides insurance marketing and consultancy services, partners with top insurance companies.

2011 | Delhi, Delhi (India) | Active
Last Updated:

Spectrum Insurance Distribution Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.21 Cr
  • Company Age 13 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -77.54%
  • Profit Growth 111.71%
  • Ebitda 14.74%
  • Net Worth 4.58%
  • Total Assets 0.36%

About Spectrum Insurance Distribution

Spectrum Insurance Distribution Limited (SIDL) is a Public Limited Indian Non-Government Company incorporated in India on 01 August 2011 and has a history of 13 years and seven months. Its registered office is in Delhi, Delhi, India.

The Corporate was formerly known as Spectrum Finsure 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 3.21 Cr, as per Ministry of Corporate Affairs (MCA) records.

Yatharth Gupta, Richa Varshney, and Pankaj Gupta serve as directors at the Company.

Company Details

  • Location

    Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U64990DL2011PLC348174

  • Company No.

    348174

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Aug 2011

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Financial Services
Company report

Spectrum Insurance Distribution Limited

Explore comprehensive data for Spectrum Insurance Distribution Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Spectrum Insurance Distribution?

Board Members (3)

NameDesignationAppointment DateStatus
Yatharth Gupta Country flag representing In Additional Director 25-May-2023Current
Richa Varshney Country flag representing In Director 10-Oct-2018Current
Pankaj Gupta Country flag representing In Director 01-Dec-2017Current

Financial Performance of Spectrum Insurance Distribution.

Spectrum Insurance Distribution Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 77.54% decrease. The company also saw a substantial improvement in profitability, with a 111.71% increase in profit. The company's net worth moved up by a moderate rise of 4.58%.

Spectrum Insurance Distribution revenue growth over time
Spectrum Insurance Distribution 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
-77.54%
Revenue from Operations
Total Assets
0.36%
Profit or Loss
111.71%
Net Worth
4.58%
EBITDA
14.74%

What is the Ownership and Shareholding Structure of Spectrum Insurance Distribution?

In 2023, Spectrum Insurance Distribution had a promoter holding of 67.19% and a public holding of 32.80%. 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 Spectrum Insurance Distribution?

Spectrum Insurance Distribution has a workforce of 20 employees as of Apr 03, 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.

Employee growth trends for Spectrum Insurance Distribution Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Spectrum Insurance Distribution, 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 Spectrum Insurance Distribution'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 Spectrum Insurance Distribution

Recent activity within the organization

  • Annual General Meeting

    Spectrum Insurance Distribution Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Director Appointment

    Yatharth Gupta was appointed as a Additional Director was appointed as a Additional Director on 25 May 2023 & has been associated with this company since 1 year 9 months .

  • Balance Sheet

    Spectrum Insurance Distribution Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

  • Director Appointment

    Richa Varshney was appointed as a Director was appointed as a Director on 10 Oct 2018 & has been associated with this company since 6 years 5 months .

  • Director Appointment

    Pankaj Gupta was appointed as a Director was appointed as a Director on 01 Dec 2017 & has been associated with this company since 7 years 3 months .

  • Company Incorporation

    Spectrum Insurance Distribution Limited was registered on 01 Aug 2011 with Roc Delhi & aged 13 years 7 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Spectrum Insurance Distribution Limited?

    Spectrum Insurance Distribution Limited was incorporated on 01 Aug 2011.

  • What is authorized share capital and paid-up capital of Spectrum Insurance Distribution Limited?

    The authorized share capital of Spectrum Insurance Distribution Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.21 Cr.

  • Who are the current board members & directors of Spectrum Insurance Distribution Limited?

    Currently 3 directors are associated with Spectrum Insurance Distribution Limited.

    • Yatharth Gupta
    • Richa Varshney
    • Pankaj Gupta

  • What is the registered address of Spectrum Insurance Distribution Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Spectrum Insurance Distribution Limited is Office No 1104 11Th Floor, Gd-Itl Tower Plot B-08 Saraswati Vihar, Delhi, India, 110034.

  • What is the corporate identification number (CIN) and company number of Spectrum Insurance Distribution Limited?

    The corporate identification number (CIN) of Spectrum Insurance Distribution Limited is U64990DL2011PLC348174 and the company number is 348174 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Spectrum Insurance Distribution Limited?

    The Official website of Spectrum Insurance Distribution Limited is https://www.spectruminsurance.in

  • What has been the recent revenue trend for Spectrum Insurance Distribution Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Spectrum Insurance Distribution Limited has fallen by -77.54%.

  • How many employees does Spectrum Insurance Distribution Limited currently have?

    As Per 2023 financial reports, 20 employees are currently employed by Spectrum Insurance Distribution Limited.

  • What change has been observed in the net worth of Spectrum Insurance Distribution Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Spectrum Insurance Distribution Limited has experienced an upsurge of 4.58%.

  • When was the last Balance Sheet of Spectrum Insurance Distribution Limited filed with the ROC?

    The most recent Balance Sheet for Spectrum Insurance Distribution Limited was filed with the ROC on 31 Mar 2023.

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