What is the Incorporation or founding date of Wallet Insurance Broking Private Limited?

Wallet Insurance Broking Private Limited was incorporated on 29 Nov 2017.

What is authorized share capital and paid-up capital of Wallet Insurance Broking Private Limited?

The authorized share capital of Wallet Insurance Broking Private Limited is ₹ 12500000.0 and paid-up capital is ₹ 9640000.0.

Who are the current board members & directors of Wallet Insurance Broking Private Limited?

Currently 5 directors are associated with Wallet Insurance Broking Private Limited. Arun Sharma, Malay Kumar Ghatak And 3 More.

What is the registered address of Wallet Insurance Broking Private Limited?

As per Ministry of Corporate Affairs (Mca), the registered address of Wallet Insurance Broking Private Limited is 6-3-596/63/8/3 Erramanzil, India, Khairatabad, Telangana, 500082.

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

The corporate identification number (CIN) of Wallet Insurance Broking Private Limited is U66030TG2017PTC120887 and the company number is 120887 as per Ministry of Corporate Affairs (MCA).

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

The financial reports for the fiscal year 2021 indicates that The net worth of Wallet Insurance Broking Private Limited has experienced an upsurge of 7.58%.

When was the last Balance Sheet of Wallet Insurance Broking Private Limited filed with the ROC?

The most recent Balance Sheet for Wallet Insurance Broking Private Limited was filed with the ROC on 31 Mar 2023.

Wallet Insurance Broking Private Limited

Provides auxiliary financial services, incorporated in 2017 with registered office in Hyderabad.

2017 | Hyderabad, Telangana (India) | Active

Last Updated: December 13, 2024

Wallet Insurance Broking Profile

Key Indicators

Authorised Capital ₹ 1.25 Cr as on 13-12-2024
Paid Up Capital ₹ 9.64 M as on 13-12-2024
Company Age 7 Year, 3 Months
Last Filing with ROC 31 Mar 2023
Revenue Growth % (FY 2021)
Profit Growth 21.62% (FY 2021)
Ebitda 20.75% (FY 2021)
Net Worth 7.58% (FY 2021)
Total Assets 8.57% (FY 2021)

About Wallet Insurance Broking

Wallet Insurance Broking Private Limited (WIBPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 November 2017 (Seven years and three months 13 days old ). Its registered office is in Hyderabad, Telangana, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.25 Cr and a paid-up capital of Rs 9.64 M, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Wallet Insurance Broking Private Limited India is Vijayakumar Madhira as CEO. Srinivas Kuruganti, Vijayakumar Madhira, Malay Ghatak, and One other member serve as directors at the Company.

Company Details

Location
Hyderabad, Telangana, India
Telephone
+91-XXXXXXXXXX
Email Address
Website
Social Media

Corporate Identity Details

CIN/LLPIN
U66030TG2017PTC120887
Company No.
120887
Company Classification
Private Limited Indian Non-Government Company
Incorporation Date
29 Nov 2017
Date of AGM
30 Sep 2023
Date of Balance Sheet
31 Mar 2023
Listing Status
Unlisted
ROC Code
Roc Hyderabad

Industry

Financial Services

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

Executive Team (1)

Name	Designation	Appointment Date	Status
Vijayakumar Madhira	CEO	06-Mar-2020	Current

Board Members (4)

Name	Designation	Appointment Date	Status
Srinivas Kuruganti	Director	29-Nov-2017	Current
Malay Ghatak	Director	06-May-2023	Current
Arun Sharma	Director	06-May-2023	Current
Vijayakumar Madhira	Director and Ceo	06-Mar-2020	Current

Financial Performance of Wallet Insurance Broking.

Wallet Insurance Broking Private Limited, for the financial year ended 2021, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 21.62% increase in profit. The company's net worth moved up by a moderate rise of 7.58%.

Wallet Insurance Broking revenue growth over time

Wallet Insurance Broking 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

Revenue from Operations

Total Assets

8.57%

Profit or Loss

21.62%

Net Worth

7.58%

EBITDA

20.75%

What is the Ownership and Shareholding Structure of Wallet Insurance Broking?

In 2021, Wallet Insurance Broking had a promoter holding of 99.59% and a public holding of 0.41%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Charges (Loans)

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

How Many Employees Work at Wallet Insurance Broking?

Unlock and access historical data on people associated with Wallet Insurance Broking, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Wallet Insurance Broking Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Wallet Insurance Broking, 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 Wallet Insurance Broking'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 Wallet Insurance Broking

Recent activity within the organization

Annual General Meeting
Wallet Insurance Broking Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
30 Sep 2023
Director Appointment
Malay Kumar Ghatak was appointed as a Director was appointed as a Director on 06 May 2023 & has been associated with this company since 1 year 10 months .
06 May 2023
Director Appointment
Arun Sharma was appointed as a Director was appointed as a Director on 06 May 2023 & has been associated with this company since 1 year 10 months .
06 May 2023
Balance Sheet
Wallet Insurance Broking Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.
31 Mar 2023
Director Appointment
Vijayakumar Madhira was appointed as a Director was appointed as a Director on 06 Mar 2020 & has been associated with this company since 5 years 6 days .
06 Mar 2020
Director Appointment
Vijayakumar Madhira was appointed as a Ceo was appointed as a Ceo on 06 Mar 2020 & has been associated with this company since 5 years 6 days .
06 Mar 2020

Frequently asked questions

What is the Incorporation or founding date of Wallet Insurance Broking Private Limited?
Wallet Insurance Broking Private Limited was incorporated on 29 Nov 2017.
What is authorized share capital and paid-up capital of Wallet Insurance Broking Private Limited?
The authorized share capital of Wallet Insurance Broking Private Limited is ₹ 1.25 Cr and paid-up capital is ₹ 9.64 M.
Who are the current board members & directors of Wallet Insurance Broking Private Limited?
Currently 5 directors are associated with Wallet Insurance Broking Private Limited.
- Srinivas Suryaprakash Kuruganti
- Vijayakumar Madhira
- Malay Kumar Ghatak
- Arun Sharma
- Vijayakumar Madhira
What is the registered address of Wallet Insurance Broking Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Wallet Insurance Broking Private Limited is 6-3-596/63/8/3 Erramanzil, India, Khairatabad, Telangana, 500082.
What is the corporate identification number (CIN) and company number of Wallet Insurance Broking Private Limited?
The corporate identification number (CIN) of Wallet Insurance Broking Private Limited is U66030TG2017PTC120887 and the company number is 120887 as per Ministry of Corporate Affairs (MCA).
What change has been observed in the net worth of Wallet Insurance Broking Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Wallet Insurance Broking Private Limited has experienced an upsurge of 7.58%.
When was the last Balance Sheet of Wallet Insurance Broking Private Limited filed with the ROC?
The most recent Balance Sheet for Wallet Insurance Broking Private Limited was filed with the ROC on 31 Mar 2023.

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