About Elite Insurance Brokers Private Limited
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Elite Insurance Brokers Private Limited is a private limited company based in Delhi, India, a subsidiary of Elite Wealth Limited. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 15 September 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U66030DL2006PTC153802. Its GSTIN is 07AABCE6524H1ZS (Delhi).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹75 Lakh. It was formerly known as Elite Insurance Advisory Private Limited. It is led by directors including Ravinder Parkash Seth and Dheeraj Bhatia.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at S – 5 Dda Shopping Complex Mayur Vihar Phase – 1, Delhi, India – 110091.
As per the financials filed for FY 2023, the company reported a revenue of ₹46.06 Lakh, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹21.15 Lakh (net margin 45.9%) and EBITDA of ₹19.41 Lakh (EBITDA margin 42.2%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 27% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Elite Wealth Advisors. The company has 3 deals on record (1 rights issue, 1 funding round, 1 acquisition), with disclosed funding of ₹49 Lakh; the latest was in December 2019.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website insuranceelite.in.
Company details
Contact details
Elite Insurance Brokers Private Limited's registered office is in Delhi, Delhi. Its website is insuranceelite.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressS – 5 Dda Shopping Complex Mayur Vihar Phase – 1, Delhi, India – 110091
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Elite Insurance Brokers Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Elite Insurance Brokers operates one associated brand: Elite Wealth Advisors. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides investment products like equity, mutual funds, and wealth advisory services. | elitewealth.in |
Financials of Elite Insurance Brokers Private Limited
FY 2024 filings availableElite Insurance Brokers Private Limited reported revenue of ₹46.06 Lakh (up 17% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 17% growth in the latest year. EBITDA fell 17% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹46.06 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹19.41 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹21.15 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 42.2% | ||||
| Net Profit Margin | 45.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Elite Insurance Brokers Private Limited, buy the company report.
Board of directors of Elite Insurance Brokers Private Limited
Elite Insurance Brokers has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravinder Parkash Seth Also directs: Gsu E Consulting LLP, Era Resorts Private Limited, Picasso Hospitality Private Limited and 5 more | Director | 15 Sep 2006 | 20 Years 1 Months | Current |
| Dheeraj Bhatia Also directs: Elite Realty Consultants Private Limited, Elite Wealth Limited | Director | 17 Aug 2016 | 10 Years 2 Months | Current |
| Ankur Seth Also directs: Elite Realty Infratech Private Limited, Elite Realty Consultants Private Limited, Elite Wealth Limited and 5 more | Director | 02 Jul 2009 | 17 Years 4 Months | Current |
| Tarun Gera Also directs: Elite Wealth Limited | Director | 17 Aug 2016 | 10 Years 2 Months | Current |
Auditor
Elite Insurance Brokers Private Limited is audited by BASK&ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BASK&ASSOCIATES | FY 2023 | 013552N |
Shareholding
The shareholding of Elite Insurance Brokers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Elite Insurance Brokers Private Limited, buy the company report.
Deals & funding
Elite Insurance Brokers Private Limited has 3 deals on record (1 rights issue, 1 funding round, 1 acquisition), with disclosed funding of ₹49 Lakh; the latest was in December 2019.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2019 | Rights issue | ₹35 Lakh | Investors: Elite Wealth Limited |
| Mar 2017 | Acquisition | Undisclosed | Buyer: Elite Wealth Limited Seller: Elite Stock Management Limited, an individual |
| Feb 2007 | Funding round | ₹49 Lakh | Investors: Elite Stock Management Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Elite Insurance Brokers Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Elite Insurance Brokers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Elite Insurance Brokers Private Limited has a workforce of 3 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 3 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Elite Insurance Brokers Private Limited, buy the company report.
GST
Elite Insurance Brokers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCE6524H1ZS | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Elite Insurance Brokers Private Limited, buy the company report.
Recent activity
Elite Insurance Brokers Private Limited has 9 board changes on record since 2006: 4 appointments and 5 cessations. The latest: Dheeraj Bhatia ceased to be Additional Director on 30 Sep 2016.
Frequently asked questions
Elite Insurance Brokers is an active private limited company based in Delhi, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 15 September 2006 (20+ years old) and is registered under CIN U66030DL2006PTC153802.
Elite Insurance Brokers has 4 current directors:
- Ravinder Parkash Seth - Director
- Dheeraj Bhatia - Director
- Ankur Seth - Director
- Tarun Gera - Director
The latest financial statements of Elite Insurance Brokers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Elite Insurance Brokers is 07AABCE6524H1ZS, registered in Delhi.
The CIN (Corporate Identification Number) of Elite Insurance Brokers is U66030DL2006PTC153802. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elite Insurance Brokers was incorporated on 15 September 2006, making it 20+ years old. It is registered with the Registrar of Companies, Delhi.
Elite Insurance Brokers has 3 deals on record (1 rights issue, 1 funding round, 1 acquisition), with disclosed funding of ₹49 Lakh; the latest was in December 2019.
Dheeraj Bhatia ceased to be Additional Director on 30 Sep 2016. Tarun Gera ceased to be Additional Director on 30 Sep 2016. Vikram Luthra ceased to be Additional Director on 30 Sep 2016. Elite Insurance Brokers has 9 board changes on record in total.
Elite Insurance Brokers can be reached through the website insuranceelite.in. Its registered office is in Delhi, India.
The registered office of Elite Insurance Brokers is at S – 5 Dda Shopping Complex Mayur Vihar Phase – 1, Delhi, India – 110091.
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