Symbo India Insurance Broking Profile
Key Indicators
- Authorised Capital ₹ 55.00 Cr
- Paid Up Capital ₹ 51.58 Cr
- Company Age 30 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 0.50 M
- Revenue Growth -41.00%
- Profit Growth 13.90%
- Ebitda 12.30%
- Net Worth -41.72%
- Total Assets -33.99%
About Symbo India Insurance Broking
Symbo India Insurance Broking Private Limited (SIIBPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 October 1994 and has a history of 30 years and four months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Standard Composite Insurance Brokers Private 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 55.00 Cr and a paid-up capital of Rs 51.58 Cr.
The company currently has active open charges totaling ₹0.50 M.
The Key Managerial Personnel (KMP) at Symbo India Insurance Broking Private Limited India are Mitesh Jain as CEO and Nimisha Shah as Company Secretary. Kartik Kamalkumar, Mitesh Jain, and Anik Jain serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65990MH1994PTC082324
- Company No.
082324
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
24 Oct 1994
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Symbo India Insurance Broking?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mitesh Jain | CEO | 21-Feb-2023 | Current |
Nimisha Shah  | Company Secretary | 19-Jul-2021 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kartik Kamalkumar | Director | 09-Aug-2023 | Current |
| Mitesh Jain | Director | 30-Apr-2021 | Current |
| Anik Jain | Director | 29-May-2018 | Current |
Financial Performance of Symbo India Insurance Broking.
Symbo India Insurance Broking Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 41% decrease. The company also saw a substantial improvement in profitability, with a 13.9% increase in profit. The company's net worth observed a substantial decline by a decrease of 41.72%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Symbo India Insurance Broking?
In 2022, Symbo India Insurance Broking had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Caressa Solutions Private LimitedKartik Kamalkumar is a mutual person
Wishbanc Technologies Private LimitedAnik Jain is a mutual person
Symbo Southasia Enterprises Private LimitedKartik Kamalkumar and Mitesh Jain are mutual person
Bayview Digital Solutions Private LimitedKartik Kamalkumar and Mitesh Jain are mutual person
Releague Enterprises Private LimitedKartik Kamalkumar is a mutual person
- Rimedo Advisor Private Limited
Kartik Kamalkumar is a mutual person
Charges (Loans)
₹0.05 Cr
₹0
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 0.05 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Sep 2018 | Hdfc Bank Limited | ₹0.50 M | Open |
How Many Employees Work at Symbo India Insurance Broking?
Symbo India Insurance Broking has a workforce of 25 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Symbo India Insurance Broking, 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 Symbo India Insurance Broking'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.
