Star Insurance Brokers Limited

Provides insurance services with registered office in Satna, Madhya Pradesh.

2014 | Satna, Madhya Pradesh (India) | Active
Last Updated: December 27, 2024

Star Insurance Brokers Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 7.50 M
  • Company Age 10 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -43.43%
  • Profit Growth -54.50%
  • Ebitda -56.08%
  • Net Worth 1.14%
  • Total Assets 0.12%

About Star Insurance Brokers

Star Insurance Brokers Limited (SIBL) is a Public Limited Indian Non-Government Company incorporated in India on 14 August 2014 and has a history of Ten years and five months. Its registered office is in Satna, Madhya Pradesh, India.

The Corporate was formerly known as Star Insurance Brokerage 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 1.00 Cr and a paid-up capital of Rs 7.50 M, as per Ministry of Corporate Affairs (MCA) records.

Ramesh Singh, Rewat Singh, and Gitanjali Singh serve as directors at the Company.

Company Details

  • Location

    Satna, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U66010MP2014PLC033053

  • Company No.

    033053

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 Aug 2014

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Financial Services

Who are the key members and board of directors at Star Insurance Brokers?

Board Members (3)

Name Designation Appointment Date Status
Rewat Singh Country flag representing In Director 14-Aug-2014 Current
Ramesh Singh Country flag representing In Director 14-Aug-2014 Current
Gitanjali Singh Country flag representing In Director 07-Aug-2015 Current

Financial Performance of Star Insurance Brokers.

Star Insurance Brokers Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 43.43% decrease. The company also saw a substantial fall in profitability, with a 54.5% decrease in profit. The company's net worth moved up by a moderate rise of 1.14%.

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
-43.43%
Revenue from Operations
-54.30%
Total Assets
0.12%
Profit or Loss
-54.50%
Net Worth
1.14%
EBITDA
-56.08%

What is the Ownership and Shareholding Structure of Star Insurance Brokers?

In 2023, Star 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.

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 Star Insurance Brokers?

Star Insurance Brokers has a workforce of 3 employees as of Apr 04, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Star 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 Star Insurance Brokers'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 Star Insurance Brokers

Recent activity within the organization

  • Annual General Meeting

    Star Insurance Brokers Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Star Insurance Brokers Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.

    31 Mar 2024

  • Director Appointment

    Gitanjali Singh was appointed as a Director was appointed as a Director on 07 Aug 2015 & has been associated with this company since 9 years 5 months .

    07 Aug 2015

  • Director Appointment

    Ramesh Singh was appointed as a Director was appointed as a Director on 14 Aug 2014 & has been associated with this company since 10 years 5 months .

    14 Aug 2014

  • Director Appointment

    Rewat Singh was appointed as a Director was appointed as a Director on 14 Aug 2014 & has been associated with this company since 10 years 5 months .

    14 Aug 2014

  • Company Incorporation

    Star Insurance Brokers Limited was registered on 14 Aug 2014 with Roc Gwalior & aged 10 years 5 months as per MCA records.

    14 Aug 2014

Frequently asked questions

  • Star Insurance Brokers Limited was incorporated on 14 Aug 2014.

  • The authorized share capital of Star Insurance Brokers Limited is ₹ 1.00 Cr and paid-up capital is ₹ 7.50 M.

  • Currently 3 directors are associated with Star Insurance Brokers Limited.

    • Ramesh Singh
    • Rewat Singh
    • Gitanjali Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Star Insurance Brokers Limited is C/O R.R. Automobile Virat Nagar India, Satna, Madhya Pradesh, 485001.

  • The corporate identification number (CIN) of Star Insurance Brokers Limited is U66010MP2014PLC033053 and the company number is 033053 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Star Insurance Brokers Limited is https://www.stargroupindia.org

  • According to the financial reports for the fiscal year 2023, the revenue trend for Star Insurance Brokers Limited has fallen by -43.43%.

  • As Per 2023 financial reports, 3 employees are currently employed by Star Insurance Brokers Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Star Insurance Brokers Limited has experienced an upsurge of 1.14%.

  • The most recent Balance Sheet for Star Insurance Brokers Limited was filed with the ROC on 31 Mar 2024.

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