Wai Insurance Broking Services Private Limited

Insurance brokerage services for life and general insurance products.

2004 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Wai Insurance Broking Services Profile

Key Indicators

  • Authorised Capital ₹ 1.18 Cr
  • Paid Up Capital ₹ 8.33 M
  • Company Age 20 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -0.89%
  • Profit Growth -7.61%
  • Ebitda -8.18%
  • Net Worth -3.72%
  • Total Assets 2.15%

About Wai Insurance Broking Services

Wai Insurance Broking Services Private Limited (WIBSPL) is a Private Limited Indian Non-Government Company incorporated in India on 15 December 2004 and has a history of 20 years and four months. Its registered office is in Chennai, Tamil Nadu, India.

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 1.18 Cr and a paid-up capital of Rs 8.33 M, as per Ministry of Corporate Affairs (MCA) records.

Krishna Prasad, Paramasivam Narayanan, and Sathiyapriyan serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U67200TN2004PTC054921

  • Company No.

    054921

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Dec 2004

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services
Company report

Wai Insurance Broking Services Private Limited

Explore comprehensive data for Wai Insurance Broking Services Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (3)

NameDesignationAppointment DateStatus
Krishna Prasad Country flag representing In Director 17-Aug-2019Current
Paramasivam Narayanan Country flag representing In Director 13-Jun-2016Current
Sathiyapriyan Country flag representing In Director 30-Mar-2024Current

Financial Performance of Wai Insurance Broking Services.

Wai Insurance Broking Services Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.89% decrease. The company also saw a slight decrease in profitability, with a 7.61% decrease in profit. The company's net worth dipped by a decrease of 3.72%.

Wai Insurance Broking Services revenue growth over time
Wai Insurance Broking Services 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
-0.89%
Revenue from Operations
-2.57%
Total Assets
2.15%
Profit or Loss
-7.61%
Net Worth
-3.72%
EBITDA
-8.18%

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

In 2023, Wai Insurance Broking 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Wai Insurance Broking Services?

Wai Insurance Broking Services has a workforce of 19 employees as of Mar 25, 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.

Employee growth trends for Wai Insurance Broking Services Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Wai 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 Wai 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 Wai Insurance Broking Services

Recent activity within the organization

  • Annual General Meeting

    Wai Insurance Broking Services Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Balance Sheet

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

  • Director Appointment

    Sathiyapriyan was appointed as a Director was appointed as a Director on 30 Mar 2024 & has been associated with this company since 1 year 1 month .

  • Director Appointment

    Krishna Rajendra Prasad was appointed as a Director was appointed as a Director on 17 Aug 2019 & has been associated with this company since 5 years 8 months .

  • Director Appointment

    Paramasivam Narayanan was appointed as a Director was appointed as a Director on 13 Jun 2016 & has been associated with this company since 8 years 10 months .

  • Company Incorporation

    Wai Insurance Broking Services Private Limited was registered on 15 Dec 2004 with Roc Chennai & aged 20 years 4 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Wai Insurance Broking Services Private Limited?

    Wai Insurance Broking Services Private Limited was incorporated on 15 Dec 2004.

  • What is authorized share capital and paid-up capital of Wai Insurance Broking Services Private Limited?

    The authorized share capital of Wai Insurance Broking Services Private Limited is ₹ 1.18 Cr and paid-up capital is ₹ 8.33 M.

  • Who are the current board members & directors of Wai Insurance Broking Services Private Limited?

    Currently 3 directors are associated with Wai Insurance Broking Services Private Limited.

    • Krishna Rajendra Prasad
    • Paramasivam Narayanan
    • Sathiyapriyan
  • What is the registered address of Wai Insurance Broking Services Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Wai Insurance Broking Services Private Limited is 6Thfloor Templetower 672 Annasalai, Nandanam India, Chennai, Tamil Nadu, 600035.

  • What is the corporate identification number (CIN) and company number of Wai Insurance Broking Services Private Limited?

    The corporate identification number (CIN) of Wai Insurance Broking Services Private Limited is U67200TN2004PTC054921 and the company number is 054921 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Wai Insurance Broking Services Private Limited?

    The Official website of Wai Insurance Broking Services Private Limited is https://www.waiibs.in

  • What has been the recent revenue trend for Wai Insurance Broking Services Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Wai Insurance Broking Services Private Limited has fallen by -0.89%.

  • How many employees does Wai Insurance Broking Services Private Limited currently have?

    As Per 2023 financial reports, 19 employees are currently employed by Wai Insurance Broking Services Private Limited.

  • What change has been observed in the net worth of Wai Insurance Broking Services Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Wai Insurance Broking Services Private Limited has experienced an downturn of -3.72%.

  • When was the last Balance Sheet of Wai Insurance Broking Services Private Limited filed with the ROC?

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

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