Virtual Insurance Broking Entity Profile
Key Indicators
- Authorised Capital ₹ 7.50 M
as on 24-10-2024
- Paid Up Capital ₹ 7.50 M
as on 24-10-2024
- Company Age 18 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Revenue -2.23%
(FY 2023)
- Profit -37.85%
(FY 2023)
- Ebitda 62.29%
(FY 2023)
- Net Worth 5.82%
(FY 2023)
- Total Assets 5.59%
(FY 2023)
About Virtual Insurance Broking Entity
The Corporate was formerly known as Shinrai 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 2024. It's a company limited by shares with an authorized capital of Rs 7.50 M and a paid-up capital of Rs 7.50 M, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Virtual Insurance Broking Entity Private Limited India is Avadhoot Mavlankar as CEO. Sujata Kumar, Atul Kumar, Vikram Parekh, and One other member serve as directors at the Company.
- CIN/LLPIN
U65999MH2006PTC158616
- Company No.
158616
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
04 Jan 2006
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Virtual Insurance Broking Entity?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Avadhoot Mavlankar | CEO | 11-Sep-2015 | Current |
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vikram Parekh  | Director | 22-Jun-2010 | Current |
| Sujata Kumar | Director | 04-Jan-2006 | Current |
| Atul Kumar | Director | 22-Jun-2010 | Current |
| Mukesh Maniar | Director | 22-Jun-2010 | Current |
Financial Performance and Corporate Structure Insights of Virtual Insurance Broking Entity.
Virtual Insurance Broking Entity Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.23% decrease. The company also saw a substantial fall in profitability, with a 37.85% decrease in profit. The company's net worth moved up by a moderate rise of 5.82%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Virtual Insurance Broking Entity?
In 2023, Virtual Insurance Broking Entity 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)
Practical Financial Services Private LimitedActive 34 years 7 monthsSujata Kumar and Atul Kumar are mutual person
I P Integrated Services Private LimitedActive 13 years 27 daysVikram Parekh and Mukesh Maniar are mutual person
Parekh Integrated Services Private LimitedActive 32 years 10 monthsSujata Kumar, Vikram Parekh and 1 more are mutual person
- Fisalcon Private LimitedActive 62 years 7 months
Sujata Kumar, Vikram Parekh and 1 more are mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Virtual Insurance Broking Entity?
Virtual Insurance Broking Entity has a workforce of 15 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Virtual Insurance Broking Entity, 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 Virtual Insurance Broking Entity'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.
