Unison Insurance Broking Services Private Limited

Provides insurance and risk management advisory services, including claim management and cyber risk assessment.

1998 | Vadodara, Gujarat (India) | Active
Last Updated: October 24, 2024

Unison Insurance Broking Services Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 11.17 Cr
  • Company Age 26 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 107.19 Cr
  • Satisfied Charges ₹ 10.27 Cr
  • Revenue Growth 4.68%
  • Profit Growth -55.57%
  • Ebitda -40.42%
  • Net Worth 14.07%
  • Total Assets 43.15%

About Unison Insurance Broking Services

Unison Insurance Broking Services Private Limited (UIBSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 October 1998 and has a history of 26 years and three months. Its registered office is in Vadodara, Gujarat.

The Corporate was formerly known as Unison Risk 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 2024. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 11.17 Cr.

The company currently has active open charges totaling ₹107.19 Cr. The company has closed loans amounting to ₹10.27 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Unison Insurance Broking Services Private Limited India are Harish Vinkateswaran as CFO and Divyanshu Khurana as Company Secretary. Biraj Sinha, Anuj Kishore, Sneha Shah, and Eight other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U67200GJ1998PTC034882

  • Company No.

    034882

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Oct 1998

  • Date of AGM

    25 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Financial Services

What products or services does Unison Insurance Broking Services Private Limited offer?

Unison Insurance Broking Services Private Limited offers a wide range of products and services, including Insurance Agents and Services, Business Insurances, Industrial Insurance Services.

Who are the key members and board of directors at Unison Insurance Broking Services?

Executive Team (3)

Name Designation Appointment Date Status
Biraj Sinha Country flag representing In Managing Director 28-Oct-2002 Current
Harish Vinkateswaran CFO 31-Mar-2022 Current
Divyanshu Khurana Company Secretary 04-Sep-2017 Current

Board Members (10)

Name Designation Appointment Date Status
Sneha Shah Country flag representing In Whole-Time Director 01-Feb-2008 Current
Praveen Kalia Country flag representing In Whole-Time Director 28-Sep-2017 Current
Amitesh Sinha Country flag representing In Whole-Time Director 30-Jan-2018 Current
Anuj Kishore Country flag representing In Whole-Time Director 31-Oct-2002 Current
Ravindrakumar Ramunni Country flag representing In Whole-Time Director 01-Apr-2020 Current
Naresh Kumar Country flag representing In Director 16-Aug-2016 Current

Financial Performance of Unison Insurance Broking Services.

Unison Insurance Broking Services Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.68% increase. The company also saw a substantial fall in profitability, with a 55.57% decrease in profit. The company's net worth Soared by an impressive increase of 14.07%.

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
4.68%
Revenue from Operations
4.20%
Total Assets
43.15%
Profit or Loss
-55.57%
Net Worth
14.07%
EBITDA
-40.42%

What is the Ownership and Shareholding Structure of Unison Insurance Broking Services?

In 2023, Unison Insurance Broking Services had a promoter holding of 85.35% and a public holding of 14.65%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹107.19 Cr

Satisfied Charges

₹10.27 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 107.19 Cr

Latest Charge Details

Date Lender Amount Status
18 Sep 2015 Axis Bank Limited ₹57.99 Cr Open
27 Mar 2012 Axis Bank Limited ₹49.20 Cr Open
18 Feb 2012 Yes Bank Limited ₹7.33 Cr Satisfied
23 Mar 2007 Axis Bank Limited ₹1.70 Cr Satisfied
23 Mar 2007 Axis Bank Ltd. ₹8.00 M Satisfied

How Many Employees Work at Unison Insurance Broking Services?

Unison Insurance Broking Services has a workforce of 353 employees as of Mar 31, 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 Unison 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 Unison Insurance Broking 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 Unison Insurance Broking Services

Recent activity within the organization

  • Annual General Meeting

    Unison Insurance Broking Services Private Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.

    25 Sep 2024

  • Director Appointment

    Lily Birajkumar Sinha was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 24 Apr 2024 & has been associated with this company since 9 months 10 days .

    24 Apr 2024

  • Balance Sheet

    Unison Insurance Broking Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited of Rs. 57.99 Cr registered on 18 Sep 2015 with Charge ID 10596480 was modified on 18 Jan 2024.

    18 Jan 2024

  • Charges

    A charge with Axis Bank Limited of Rs. 49.20 Cr registered on 27 Mar 2012 with Charge ID 10346168 was modified on 06 Mar 2023.

    06 Mar 2023

  • Director Appointment

    Ravindrakumar Ramunni was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Apr 2020 & has been associated with this company since 4 years 10 months .

    01 Apr 2020

Recent News, Updates & Announcement

Frequently asked questions

  • Unison Insurance Broking Services Private Limited was incorporated on 27 Oct 1998.

  • The authorized share capital of Unison Insurance Broking Services Private Limited is ₹ 25.00 Cr and paid-up capital is ₹ 11.17 Cr.

  • Currently 13 directors are associated with Unison Insurance Broking Services Private Limited.

    • Biraj Kumar Sinha
    • Anuj Raizada Kishore
    • Sneha Dilip Shah
    • Ravindrakumar Ramunni
    • Naresh Sinha Kumar
    • Amitesh Sinha
    • Praveen Kalia
    • Suresh Balvantrai Desai
    • Hoshedar Ronnie Variava
    • Vikas Kumar
    • Lily Birajkumar Sinha
    • Harish Parasuram Vinkateswaran
    • Divyanshu Khurana
  • As per Ministry of Corporate Affairs (Mca), the registered address of Unison Insurance Broking Services Private Limited is 601-602 6Th Floor Aurum Near Vasna H.P Petrol Pump Makrand Desa I Road, India, Vadodara, Gujarat, 390015.

  • The corporate identification number (CIN) of Unison Insurance Broking Services Private Limited is U67200GJ1998PTC034882 and the company number is 034882 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Unison Insurance Broking Services Private Limited is https://www.unisoninsurance.net

  • According to the financial reports for the fiscal year 2023, the revenue trend for Unison Insurance Broking Services Private Limited has risen by 4.68%.

  • As Per 2023 financial reports, 353 employees are currently employed by Unison Insurance Broking Services Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Unison Insurance Broking Services Private Limited has experienced an upsurge of 14.07%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Unison Insurance Broking Services Private Limited amount to ₹ 107.19 Cr.

  • The most recent Balance Sheet for Unison Insurance Broking Services Private Limited was filed with the ROC on 31 Mar 2024.

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