

Sridhar Insurance Broker Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 5.00 Cr
- Company Age 22 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.78 Cr
- Satisfied Charges ₹ 7.90 Cr
- Revenue Growth 28.21%
- Profit Growth -53.94%
- Ebitda -9.51%
- Net Worth 6.45%
- Total Assets 8.55%
About Sridhar Insurance Broker
Sridhar Insurance Broker Private Limited (SIBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 October 2002 and has a history of 22 years and five months. Its registered office is in Chandigarh, Chandigarh.
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 5.00 Cr.
The company currently has active open charges totaling ₹1.78 Cr. The company has closed loans amounting to ₹7.90 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Sridhar Insurance Broker Private Limited India is Rajeev Narang as CEO. Brij Syal, Rajeev Narang, Tapasya Sethi, and One other member serve as directors at the Company.
Company Details
- Location Chandigarh, Chandigarh
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U67120CH2002PTC025491
- Company No.
025491
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
09 Oct 2002
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Who are the key members and board of directors at Sridhar Insurance Broker?
Executive Team (1)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Rajeev Narang | CEO | 14-Feb-2024 | Current |
Board Members (3)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Brij Syal ![]() | Director | 10-Apr-2006 | Current |
Tapasya Sethi ![]() | Director | 01-Nov-2010 | Current |
Umesh Chugh ![]() | Director | 15-Jun-2023 | Current |
Financial Performance of Sridhar Insurance Broker.
Sridhar Insurance Broker Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.21% increase. The company also saw a substantial fall in profitability, with a 53.94% decrease in profit. The company's net worth moved up by a moderate rise of 6.45%.


- Key Matrics
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What is the Ownership and Shareholding Structure of Sridhar Insurance Broker?
In 2023, Sridhar Insurance Broker had a promoter holding of 99.00% and a public holding of 1.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Charges (Loans)
₹1.78 Cr
₹7.90 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 1.14 Cr
- Axis Bank Limited : 0.64 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
19 Dec 2022 | Hdfc Bank Limited | ₹1.41 M | Open |
17 Mar 2021 | Hdfc Bank Limited | ₹9.98 M | Open |
27 Aug 2019 | Axis Bank Limited | ₹6.43 M | Open |
28 Oct 2017 | Others | ₹3.30 Cr | Satisfied |
09 Aug 2014 | Punjab National Bank | ₹3.60 Cr | Satisfied |
How Many Employees Work at Sridhar Insurance Broker?
Unlock and access historical data on people associated with Sridhar Insurance Broker, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Sridhar Insurance Broker, 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 Sridhar Insurance Broker'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 Sridhar Insurance Broker
Recent activity within the organization
- Director Appointment
Rajeev Kumar Narang was appointed as a Ceo was appointed as a Ceo on 14 Feb 2024 & has been associated with this company since 1 year 1 month .
- Annual General Meeting
Sridhar Insurance Broker Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Director Appointment
Umesh Chugh was appointed as a Director was appointed as a Director on 15 Jun 2023 & has been associated with this company since 1 year 9 months .
- Balance Sheet
Sridhar Insurance Broker Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.14 Cr with Charge ID 100675895 was registered on 19 Dec 2022.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.00 Cr with Charge ID 100441809 was registered on 17 Mar 2021.
Frequently asked questions
What is the Incorporation or founding date of Sridhar Insurance Broker Private Limited?
Sridhar Insurance Broker Private Limited was incorporated on 09 Oct 2002.
What is authorized share capital and paid-up capital of Sridhar Insurance Broker Private Limited?
The authorized share capital of Sridhar Insurance Broker Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 5.00 Cr.
Who are the current board members & directors of Sridhar Insurance Broker Private Limited?
Currently 5 directors are associated with Sridhar Insurance Broker Private Limited.
- Rajeev Kumar Narang
- Brij Raj Krishan Syal
- Rajeev Kumar Narang
- Tapasya Sethi
- Umesh Chugh
What is the registered address of Sridhar Insurance Broker Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Sridhar Insurance Broker Private Limited is Sco 845 First Floor Nac, Manimajra India, Chandigarh, 160010.
What is the corporate identification number (CIN) and company number of Sridhar Insurance Broker Private Limited?
The corporate identification number (CIN) of Sridhar Insurance Broker Private Limited is U67120CH2002PTC025491 and the company number is 025491 as per Ministry of Corporate Affairs (MCA).
What is the official website of Sridhar Insurance Broker Private Limited?
The Official website of Sridhar Insurance Broker Private Limited is https://www.sridharinsurancebroker.com
What has been the recent revenue trend for Sridhar Insurance Broker Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Sridhar Insurance Broker Private Limited has risen by 28.21%.
What change has been observed in the net worth of Sridhar Insurance Broker Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Sridhar Insurance Broker Private Limited has experienced an upsurge of 6.45%.
What are the total open charges for Sridhar Insurance Broker Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Sridhar Insurance Broker Private Limited amount to ₹ 1.78 Cr.
When was the last Balance Sheet of Sridhar Insurance Broker Private Limited filed with the ROC?
The most recent Balance Sheet for Sridhar Insurance Broker Private Limited was filed with the ROC on 31 Mar 2023.
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