Wmg Risk Advisory And Insurance Broking Services Private Limited

Provides insurance broking, risk consultancy, and claims management services for various industries.

2021 | Bangaluru, Karnataka (India) | Active
Last Updated: January 03, 2025

Wmg Risk Advisory And Insurance Broking Services Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 7.50 M
  • Company Age 3 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.77 M
  • Revenue Growth 33.95%
  • Profit Growth 36.13%
  • Ebitda 87.29%
  • Net Worth 121.93%
  • Total Assets 46.28%

About Wmg Risk Advisory And Insurance Broking Services

Wmg Risk Advisory And Insurance Broking Services Private Limited (WRAAIBSPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 July 2021 (Three years and seven months 2 days old ). Its registered office is in Bangaluru, Karnataka, 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.

The company currently has active open charges totaling ₹4.77 M.

Sreekara Poornesh, Madan Badi, and Rajesh Sadashiva serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    wmgadvisory.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U66000KA2021PTC149947

  • Company No.

    149947

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Jul 2021

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services

Who are the key members and board of directors at Wmg Risk Advisory And Insurance Broking Services?

Board Members (3)

NameDesignationAppointment DateStatus
Sreekara Poornesh Country flag representing In Director 26-Jul-2021Current
Madan Badi Country flag representing In Director 21-Aug-2021Current
Rajesh Sadashiva Country flag representing In Director 26-Jul-2021Current

Financial Performance of Wmg Risk Advisory And Insurance Broking Services.

Wmg Risk Advisory And Insurance Broking Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.95% increase. The company also saw a substantial improvement in profitability, with a 36.13% increase in profit. The company's net worth Soared by an impressive increase of 121.93%.

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
33.95%
Revenue from Operations
33.61%
Total Assets
46.28%
Profit or Loss
36.13%
Net Worth
121.93%
EBITDA
87.29%

What is the Ownership and Shareholding Structure of Wmg Risk Advisory And Insurance Broking Services?

Unlock access to Wmg Risk Advisory And Insurance Broking Services's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.77 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.48 Cr

Latest Charge Details

DateLenderAmountStatus
25 Feb 2022Hdfc Bank Limited₹4.77 MOpen

How Many Employees Work at Wmg Risk Advisory And Insurance Broking Services?

Wmg Risk Advisory And Insurance Broking Services has a workforce of 24 employees as of Apr 01, 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 Wmg Risk Advisory And 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 Wmg Risk Advisory And 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 Wmg Risk Advisory And Insurance Broking Services

Recent activity within the organization

  • Annual General Meeting

    Wmg Risk Advisory And Insurance Broking Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Wmg Risk Advisory And Insurance Broking Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 4.77 M with Charge ID 100551835 was registered on 25 Feb 2022.

    25 Feb 2022

  • Director Appointment

    Madan Mohan Badi was appointed as a Director was appointed as a Director on 21 Aug 2021 & has been associated with this company since 3 years 6 months .

    21 Aug 2021

  • Director Appointment

    Sreekara Indavara Poornesh was appointed as a Director was appointed as a Director on 26 Jul 2021 & has been associated with this company since 3 years 7 months .

    26 Jul 2021

  • Director Appointment

    Rajesh Babu Sadashiva was appointed as a Director was appointed as a Director on 26 Jul 2021 & has been associated with this company since 3 years 7 months .

    26 Jul 2021

Frequently asked questions

  • Wmg Risk Advisory And Insurance Broking Services Private Limited was incorporated on 26 Jul 2021.

  • The authorized share capital of Wmg Risk Advisory And Insurance Broking Services Private Limited is ₹ 7.50 M and paid-up capital is ₹ 7.50 M.

  • Currently 3 directors are associated with Wmg Risk Advisory And Insurance Broking Services Private Limited.

    • Sreekara Indavara Poornesh
    • Madan Mohan Badi
    • Rajesh Babu Sadashiva
  • As per Ministry of Corporate Affairs (Mca), the registered address of Wmg Risk Advisory And Insurance Broking Services Private Limited is 21/19, Craig Park Layout Mg Road India, Bangalore, Karnataka, 560001.

  • The corporate identification number (CIN) of Wmg Risk Advisory And Insurance Broking Services Private Limited is U66000KA2021PTC149947 and the company number is 149947 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Wmg Risk Advisory And Insurance Broking Services Private Limited is https://www.wmgadvisory.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Wmg Risk Advisory And Insurance Broking Services Private Limited has risen by 33.95%.

  • As Per 2023 financial reports, 24 employees are currently employed by Wmg Risk Advisory And Insurance Broking Services Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Wmg Risk Advisory And Insurance Broking Services Private Limited has experienced an upsurge of 121.93%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Wmg Risk Advisory And Insurance Broking Services Private Limited amount to ₹ 4.77 M.

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