Welltech Insurance Brokers Private Limited

Provides insurance brokerage and risk consulting services, including life and property insurance.

2015 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 12, 2024

Welltech Insurance Brokers Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 7.50 M
  • Company Age 9 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 34.48%
  • Profit Growth 48.10%
  • Ebitda 30.92%
  • Net Worth -3.99%
  • Total Assets -2.87%

About Welltech Insurance Brokers

Welltech Insurance Brokers Private Limited (WIBPL) is a Private Limited Indian Non-Government Company incorporated in India on 15 April 2015 (Nine years and nine months 19 days old ). 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 7.50 M and a paid-up capital of Rs 7.50 M, as per Ministry of Corporate Affairs (MCA) records.

Rajandran, Thayumanava Pillai, Ashok Dharmalingam, and Two other members 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

    U66000TN2015PTC100099

  • Company No.

    100099

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Apr 2015

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at Welltech Insurance Brokers?

Board Members (5)

Name Designation Appointment Date Status
Rajandran Country flag representing In Director 15-Apr-2015 Current
Thayumanava Pillai Country flag representing In Director 15-Apr-2015 Current
Ashok Dharmalingam Country flag representing In Director 07-Sep-2018 Current
Balasubramanian Kumar Country flag representing In Director 06-Oct-2020 Current
Rajeshkumar Chelladurai Additional Director 02-Dec-2024 Current

Financial Performance of Welltech Insurance Brokers.

Welltech Insurance Brokers Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 34.48% increase. The company also saw a substantial improvement in profitability, with a 48.1% increase in profit. The company's net worth dipped by a decrease of 3.99%.

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
34.48%
Revenue from Operations
41.65%
Total Assets
-2.87%
Profit or Loss
48.10%
Net Worth
-3.99%
EBITDA
30.92%

What is the Ownership and Shareholding Structure of Welltech Insurance Brokers?

In 2021, Welltech Insurance Brokers had a promoter holding of 60.33% and a public holding of 39.67%. 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 Welltech Insurance Brokers?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Welltech Insurance Brokers, 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 Welltech Insurance Brokers'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 Welltech Insurance Brokers

Recent activity within the organization

  • Director Appointment

    Rajeshkumar Chelladurai was appointed as a Additional Director was appointed as a Additional Director on 02 Dec 2024 & has been associated with this company since 2 months 1 day .

    02 Dec 2024

  • Annual General Meeting

    Welltech Insurance Brokers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Director Appointment

    Balasubramanian Mohan Kumar was appointed as a Director was appointed as a Director on 06 Oct 2020 & has been associated with this company since 4 years 3 months .

    06 Oct 2020

  • Director Appointment

    Ashok Dharmalingam was appointed as a Director was appointed as a Director on 07 Sep 2018 & has been associated with this company since 6 years 4 months .

    07 Sep 2018

  • Director Appointment

    Rajandran was appointed as a Director was appointed as a Director on 15 Apr 2015 & has been associated with this company since 9 years 9 months .

    15 Apr 2015

Frequently asked questions

  • Welltech Insurance Brokers Private Limited was incorporated on 15 Apr 2015.

  • The authorized share capital of Welltech Insurance Brokers Private Limited is ₹ 7.50 M and paid-up capital is ₹ 7.50 M.

  • Currently 5 directors are associated with Welltech Insurance Brokers Private Limited.

    • Rajandran
    • Thayumanava Sundaram Krishna Pillai
    • Ashok Dharmalingam
    • Balasubramanian Mohan Kumar
    • Rajeshkumar Chelladurai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Welltech Insurance Brokers Private Limited is Flat No. C3 Second Floor No.89 .Sivarajadhani Complex J.N Road, Jafferkhanpet India, Chennai City Corporation, Tamil Nadu, 600083.

  • The corporate identification number (CIN) of Welltech Insurance Brokers Private Limited is U66000TN2015PTC100099 and the company number is 100099 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Welltech Insurance Brokers Private Limited is https://www.wtib.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Welltech Insurance Brokers Private Limited has risen by 34.48%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Welltech Insurance Brokers Private Limited has experienced an downturn of -3.99%.

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

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