Tata Motors Insurance Broking And Advisory Services Limited

Insurance broking and advisory services for life and non-life products.

1997 | Mumbai, Maharashtra (India) | Active
Last Updated: October 24, 2024

Tata Motors Insurance Broking And Advisory Services Profile

Key Indicators

  • Authorised Capital ₹ 189.00 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 27 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 3.00 Cr
  • Revenue Growth 33.15%
  • Profit Growth 52.80%
  • Ebitda 49.37%
  • Net Worth -21.46%
  • Total Assets -6.79%

About Tata Motors Insurance Broking And Advisory Services

Tata Motors Insurance Broking And Advisory Services Limited (TMIBAASL) is a leading Public Limited Indian Non-Government Company incorporated in India on 14 July 1997 and has a history of 27 years and six months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Tata Motors Insurance Services 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 189.00 Cr and a paid-up capital of Rs 5.00 Cr.

The company has closed loans amounting to ₹3.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Tata Motors Insurance Broking And Advisory Services Limited India is Bhanu Sharma as COMPANY SECRETARY. Suprakash Mukhopadhyay, Venkata Ramanan, Vijay Somaiya, and Four other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U50300MH1997PLC149349

  • Company No.

    149349

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 Jul 1997

  • Date of AGM

    09 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

What products or services does Tata Motors Insurance Broking And Advisory Services Limited offer?

Tata Motors Insurance Broking And Advisory Services Limited offers a wide range of products and services, including Insurance Agents and Services, Life Insurance, Automotive Insurance.

Who are the key members and board of directors at Tata Motors Insurance Broking And Advisory Services?

Executive Team (2)

Name Designation Appointment Date Status
Ravichandran Murugesan Country flag representing In Managing Director 02-Sep-2017 Current
Bhanu Sharma Company Secretary 28-Feb-2018 Current

Board Members (6)

Name Designation Appointment Date Status
Suprakash Mukhopadhyay Country flag representing In Director 19-Jul-2023 Current
Venkata Ramanan Country flag representing In Director 26-Jun-2021 Current
Vaijayanti Pandit Country flag representing In Director 26-Jun-2021 Current
Vijay Somaiya Country flag representing In Director 13-Aug-2010 Current
Maloy Gupta Country flag representing In Director 19-Jul-2023 Current
Prabhat Tripathi Country flag representing In Director 27-Jun-2024 Current

Financial Performance of Tata Motors Insurance Broking And Advisory Services.

Tata Motors Insurance Broking And Advisory Services Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.15% increase. The company also saw a substantial improvement in profitability, with a 52.8% increase in profit. The company's net worth observed a substantial decline by a decrease of 21.46%.

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
33.15%
Revenue from Operations
33.00%
Total Assets
-6.79%
Profit or Loss
52.80%
Net Worth
-21.46%
EBITDA
49.37%

What is the Ownership and Shareholding Structure of Tata Motors Insurance Broking And Advisory Services?

In 2023, Tata Motors Insurance Broking And Advisory Services 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)

Open Charges

₹0

Satisfied Charges

₹3.00 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 3.00 Cr

Latest Charge Details

Date Lender Amount Status
30 Nov 2011 Hdfc Bank Limited ₹3.00 Cr Satisfied

How Many Employees Work at Tata Motors Insurance Broking And Advisory Services?

Tata Motors Insurance Broking And Advisory Services has a workforce of 286 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Tata Motors Insurance Broking And Advisory Services, 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 Tata Motors Insurance Broking And Advisory Services'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 Tata Motors Insurance Broking And Advisory Services

Recent activity within the organization

  • Annual General Meeting

    Tata Motors Insurance Broking And Advisory Services Limited last Annual general meeting of members was held on 09 Sep 2024 as per latest MCA records.

    09 Sep 2024

  • Director Appointment

    Prabhat Chandra Tripathi was appointed as a Director was appointed as a Director on 27 Jun 2024 & has been associated with this company since 7 months 12 days .

    27 Jun 2024

  • Balance Sheet

    Tata Motors Insurance Broking And Advisory Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Suprakash Mukhopadhyay was appointed as a Director was appointed as a Director on 19 Jul 2023 & has been associated with this company since 1 year 6 months .

    19 Jul 2023

  • Director Appointment

    Venkata Gopal Ramanan was appointed as a Director was appointed as a Director on 26 Jun 2021 & has been associated with this company since 3 years 7 months .

    26 Jun 2021

  • Director Appointment

    Vaijayanti Ajit Pandit was appointed as a Director was appointed as a Director on 26 Jun 2021 & has been associated with this company since 3 years 7 months .

    26 Jun 2021

Frequently asked questions

  • Tata Motors Insurance Broking And Advisory Services Limited was incorporated on 14 Jul 1997.

  • The authorized share capital of Tata Motors Insurance Broking And Advisory Services Limited is ₹ 189.00 Cr and paid-up capital is ₹ 5.00 Cr.

  • Currently 8 directors are associated with Tata Motors Insurance Broking And Advisory Services Limited.

    • Suprakash Mukhopadhyay
    • Venkata Gopal Ramanan
    • Vijay Bhagwanji Somaiya
    • Maloy Kumar Gupta
    • Vaijayanti Ajit Pandit
    • Ravichandran Murugesan
    • Prabhat Chandra Tripathi
    • Bhanu Bhai Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tata Motors Insurance Broking And Advisory Services Limited is 3Rd Floor Nanavati Mahalaya 18 Homi Modi Street Hutatama Chowk, India, Mumbai, Maharashtra, 400001.

  • The corporate identification number (CIN) of Tata Motors Insurance Broking And Advisory Services Limited is U50300MH1997PLC149349 and the company number is 149349 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Tata Motors Insurance Broking And Advisory Services Limited is https://www.tatamotorsinsurancebrokers.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Tata Motors Insurance Broking And Advisory Services Limited has risen by 33.15%.

  • As Per 2023 financial reports, 286 employees are currently employed by Tata Motors Insurance Broking And Advisory Services Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Tata Motors Insurance Broking And Advisory Services Limited has experienced an downturn of -21.46%.

  • The most recent Balance Sheet for Tata Motors Insurance Broking And Advisory Services Limited was filed with the ROC on 31 Mar 2024.

Similar Companies Based on General Insurance Providers