Turtlemint Insurance Broking Services Profile
Key Indicators
- Authorised Capital ₹ 21.00 Cr
- Paid Up Capital ₹ 20.53 Cr
- Company Age 11 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 25.00 Cr
- Revenue Growth 58.12%
- Profit Growth -12.92%
- Ebitda -14.50%
- Net Worth 46.09%
- Total Assets 75.49%
About Turtlemint Insurance Broking Services
Turtlemint Insurance Broking Services Private Limited (TIBSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 October 2013 and has a history of 11 years and four months. Its registered office is in Thane, Maharashtra, India.
The Corporate was formerly known as Invictus Insurance Broking Services 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 2023. It's a company limited by shares with an authorized capital of Rs 21.00 Cr and a paid-up capital of Rs 20.53 Cr.
The company currently has active open charges totaling ₹25.00 Cr.
Dhirendra Mahyavanshi and Vilas Gandre serve as directors at the Company.
Company Details
- Location
Thane, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U66000MH2013PTC249565
- Company No.
249565
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
24 Oct 2013
- Date of AGM
27 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
Who are the key members and board of directors at Turtlemint Insurance Broking Services?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dhirendra Mahyavanshi  | Director | 24-Oct-2013 | Current |
| Vilas Gandre | Director | 16-Mar-2023 | Current |
Financial Performance of Turtlemint Insurance Broking Services.
Turtlemint Insurance Broking Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 58.12% increase. The company also saw a substantial fall in profitability, with a 12.92% decrease in profit. The company's net worth Soared by an impressive increase of 46.09%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Turtlemint Insurance Broking Services?
In 2023, Turtlemint Insurance Broking Services had a promoter holding of 96.00% and a public holding of 4.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹25.00 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 25.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Dec 2023 | Others | ₹25.00 Cr | Open |
How Many Employees Work at Turtlemint Insurance Broking Services?
Turtlemint Insurance Broking Services has a workforce of 1745 employees as of Apr 06, 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 Turtlemint Insurance Broking 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 Turtlemint Insurance Broking Services'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 Turtlemint Insurance Broking Services
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100841427 was registered on 29 Dec 2023.
- Annual General Meeting
Turtlemint Insurance Broking Services Private Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.
- Balance Sheet
Turtlemint Insurance Broking Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Director Appointment
Vilas Dattatraya Gandre was appointed as a Director was appointed as a Director on 16 Mar 2023 & has been associated with this company since 1 year 11 months .
- Director Appointment
Dhirendra Nalin Mahyavanshi was appointed as a Director was appointed as a Director on 24 Oct 2013 & has been associated with this company since 11 years 4 months .
- Company Incorporation
Turtlemint Insurance Broking Services Private Limited was registered on 24 Oct 2013 with Roc Mumbai & aged 11 years 4 months as per MCA records.
Recent News, Updates & Announcement
- Sequoia, Nexus Venture, Blume Ventures invest $ 25% in Turtlemint.
While Sequoia is the new investor in the company the other are existing investors, the company said Wednesday. .
Frequently asked questions
What is the Incorporation or founding date of Turtlemint Insurance Broking Services Private Limited?
Turtlemint Insurance Broking Services Private Limited was incorporated on 24 Oct 2013.
What is authorized share capital and paid-up capital of Turtlemint Insurance Broking Services Private Limited?
The authorized share capital of Turtlemint Insurance Broking Services Private Limited is ₹ 21.00 Cr and paid-up capital is ₹ 20.53 Cr.
Who are the current board members & directors of Turtlemint Insurance Broking Services Private Limited?
Currently 2 directors are associated with Turtlemint Insurance Broking Services Private Limited.
- Dhirendra Nalin Mahyavanshi
- Vilas Dattatraya Gandre
What is the registered address of Turtlemint Insurance Broking Services Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Turtlemint Insurance Broking Services Private Limited is Office 303 Cosmos Mary Park, 116/B Kolbad, Thane West, Maharashtra, India, 400601.
What is the corporate identification number (CIN) and company number of Turtlemint Insurance Broking Services Private Limited?
The corporate identification number (CIN) of Turtlemint Insurance Broking Services Private Limited is U66000MH2013PTC249565 and the company number is 249565 as per Ministry of Corporate Affairs (MCA).
What is the official website of Turtlemint Insurance Broking Services Private Limited?
The Official website of Turtlemint Insurance Broking Services Private Limited is https://www.turtlemint.com
What has been the recent revenue trend for Turtlemint Insurance Broking Services Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Turtlemint Insurance Broking Services Private Limited has risen by 58.12%.
How many employees does Turtlemint Insurance Broking Services Private Limited currently have?
As Per 2023 financial reports, 1745 employees are currently employed by Turtlemint Insurance Broking Services Private Limited.
What change has been observed in the net worth of Turtlemint Insurance Broking Services Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Turtlemint Insurance Broking Services Private Limited has experienced an upsurge of 46.09%.
What are the total open charges for Turtlemint Insurance Broking Services Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Turtlemint Insurance Broking Services Private Limited amount to ₹ 25.00 Cr.
When was the last Balance Sheet of Turtlemint Insurance Broking Services Private Limited filed with the ROC?
The most recent Balance Sheet for Turtlemint Insurance Broking Services Private Limited was filed with the ROC on 31 Mar 2023.
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