Sridhar Insurance Broker Private Limited

Insurance broker offering various insurance and investment plans with top partners.

2002 | Chandigarh, Chandigarh (India) | Active
Last Updated: January 19, 2025

Sridhar Insurance Broker Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 22 Year, 4 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 four 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

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

Financial Services

Who are the key members and board of directors at Sridhar Insurance Broker?

Executive Team (1)

NameDesignationAppointment DateStatus
Rajeev Narang CEO14-Feb-2024Current

Board Members (3)

NameDesignationAppointment DateStatus
Brij Syal Country flag representing In Director 10-Apr-2006Current
Tapasya Sethi Country flag representing In Director 01-Nov-2010Current
Umesh Chugh Country flag representing In Director 15-Jun-2023Current

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%.

Graph illustrating revenue growth over time
Graph showing 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
28.21%
Revenue from Operations
29.17%
Total Assets
8.55%
Profit or Loss
-53.94%
Net Worth
6.45%
EBITDA
-9.51%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.78 Cr

Satisfied Charges

₹7.90 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 1.14 Cr
  • Axis Bank Limited : 0.64 Cr

Latest Charge Details

DateLenderAmountStatus
19 Dec 2022Hdfc Bank Limited₹1.41 MOpen
17 Mar 2021Hdfc Bank Limited₹9.98 MOpen
27 Aug 2019Axis Bank Limited₹6.43 MOpen
28 Oct 2017Others₹3.30 CrSatisfied
09 Aug 2014Punjab National Bank₹3.60 CrSatisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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 8 days .

    14 Feb 2024

  • 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.

    30 Sep 2023

  • 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 8 months .

    15 Jun 2023

  • Balance Sheet

    Sridhar Insurance Broker Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.14 Cr with Charge ID 100675895 was registered on 19 Dec 2022.

    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.

    17 Mar 2021

Frequently asked questions

  • Sridhar Insurance Broker Private Limited was incorporated on 09 Oct 2002.

  • The authorized share capital of Sridhar Insurance Broker Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 5.00 Cr.

  • 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
  • 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.

  • 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).

  • The Official website of Sridhar Insurance Broker Private Limited is https://www.sridharinsurancebroker.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sridhar Insurance Broker Private Limited has risen by 28.21%.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sridhar Insurance Broker Private Limited amount to ₹ 1.78 Cr.

  • The most recent Balance Sheet for Sridhar Insurance Broker Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Insurance Brokerage & Advisory