Square Insurance Brokers Profile
Key Indicators
- Authorised Capital ₹ 1.25 Cr
- Paid Up Capital ₹ 9.19 M
- Company Age 8 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.87 Cr
- Revenue Growth 46.19%
- Profit Growth 963.84%
- Ebitda 158.02%
- Net Worth 41.85%
- Total Assets 27.58%
About Square Insurance Brokers
Square Insurance Brokers Private Limited (SIBPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 07 November 2016 (Eight years and three months 17 days old ). Its registered office is in Jaipur, Rajasthan, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.25 Cr and a paid-up capital of Rs 9.19 M.
The company currently has active open charges totaling ₹3.87 Cr.
Rakesh Kumar, Kamal Panwar, and Sunil Kumar serve as directors at the Company.
Company Details
- Location
Jaipur, Rajasthan, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U66000RJ2016PTC056324
- Company No.
056324
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
07 Nov 2016
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Jaipur
Industry
What products or services does Square Insurance Brokers Private Limited offer?
Square Insurance Brokers Private Limited offers a wide range of products and services, including Insurance Agents and Services, Automotive Insurance, Insurance Service.
Who are the key members and board of directors at Square Insurance Brokers?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rakesh Kumar  | Managing Director | 07-Nov-2016 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kamal Panwar | Whole-Time Director | 31-Mar-2021 | Current |
| Sunil Kumar | Whole-Time Director | 07-Nov-2016 | Current |
Financial Performance of Square Insurance Brokers.
Square Insurance Brokers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 46.19% increase. The company also saw a substantial improvement in profitability, with a 963.84% increase in profit. The company's net worth Soared by an impressive increase of 41.85%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Square Insurance Brokers?
In 2023, Square Insurance Brokers had a promoter holding of 95.00% and a public holding of 5.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Shri Ahimsa Naturals LimitedRakesh Kumar is a mutual person
Sibl Fintech LimitedRakesh Kumar, Kamal Panwar and 1 more are mutual person
- Panoptic Infotech Private Limited
Rakesh Kumar is a mutual person
Charges (Loans)
₹3.87 Cr
₹0
Charges Breakdown by Lending Institutions
- Others : 3.38 Cr
- Axis Bank Limited : 0.49 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Mar 2024 | Others | ₹5.00 M | Open |
| 24 Jun 2022 | Others | ₹2.00 Cr | Open |
| 31 Aug 2020 | Others | ₹8.80 M | Open |
| 27 Feb 2020 | Axis Bank Limited | ₹4.91 M | Open |
How Many Employees Work at Square Insurance Brokers?
Square Insurance Brokers has a workforce of 156 employees as of Apr 08, 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 Square 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 Square 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.
