
About Excel Insurance Broking Private Limited
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Excel Insurance Broking Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the insurance brokerage and advisory segment of the financial services sector. It was incorporated on 07 September 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U66000DL2012PTC241805. Its GSTIN is 07AADCE1519Q1ZE (Delhi).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹75 Lakh. It is led by directors including Richa Nangia and Meenakshi Malhotra.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1002 Best Sky Tower Netaji Subhash Place, New Delhi, Delhi, India – 110034.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.13 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹29.53 Lakh (net margin 26%) and EBITDA of ₹40.91 Lakh (EBITDA margin 36.1%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 9% over five years.
The company has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹60.8 Lakh; the latest was in March 2020. Its 4 peer companies in the BFSI industry (Insurance Broking Firms), with the same principal business activity (financial advisory, brokerage and consultancy services) are compared by revenue, 2 larger and 2 smaller; the largest is Springdale Insurance Broking Private Limited with revenue of ₹1.17 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website excelinsurancebroking.com.
Company details
Contact details
Excel Insurance Broking Private Limited's registered office is in New Delhi, Delhi. Its website is excelinsurancebroking.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1002 Best Sky Tower Netaji Subhash Place, New Delhi, Delhi, India – 110034
- IndustryFinancial Services, Insurance Brokerage & Advisory
To see the full contact details of Excel Insurance Broking 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
Business activity
The main business activity of Excel Insurance Broking is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Excel Insurance Broking Private Limited, buy the company report.
Financials of Excel Insurance Broking Private Limited
FY 2025 filings availableExcel Insurance Broking Private Limited reported revenue of ₹1.13 Cr (up 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 12% growth in the latest year. EBITDA rose 15% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹40.91 Lakh | ||||
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| Net Profit (PAT) | ₹29.53 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 36.1% | ||||
| Net Profit Margin | 26% | ||||
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To see the full financial statements and ratios of Excel Insurance Broking Private Limited, buy the company report.
Board of directors of Excel Insurance Broking Private Limited
Excel Insurance Broking has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Richa Nangia Also directs: Dhruv Enterprises LLP | Director | 07 Sep 2012 | 14 Years 2 Months | Current |
| Meenakshi Malhotra | Director | 08 Aug 2022 | 4 Years 3 Months | Current |
| Lovika Babbar | Director | 01 Jun 2020 | 6 Years 5 Months | Current |
Peer comparison
Excel Insurance Broking Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Insurance Broking Firms), with the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Springdale Insurance Broking Private Limited | ₹1.17 Cr (FY 2024) | 55.0% | Bhubaneshwar, Odisha, India | |||
| Rank Claims Seva Private Limited | ₹1.15 Cr (FY 2025) | 1190.0% | Mumbai, Maharashtra, India | |||
| Excel Insurance Broking Private Limitedthis company | ₹1.13 Cr (FY 2025) | ₹29.53 Lakh | 26% | 12.0% | New Delhi, Delhi, India | |
| Apd Insurance Brokers Private Limited | ₹1.07 Cr (FY 2025) | 946.0% | Kolkata, West Bengal, India | |||
| Sumire Securities Private Limited | ₹1.06 Cr (FY 2025) | 50.0% | Barrackpur, West Bengal, India |
To see the full peer comparison of Excel Insurance Broking Private Limited, buy the company report.
Auditor
Excel Insurance Broking Private Limited is audited by GAURAV KAPOOR & COMPANY for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GAURAV KAPOOR & COMPANY | FY 2021 | 032282N |
Shareholding
The shareholding of Excel Insurance Broking Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Excel Insurance Broking Private Limited, buy the company report.
Deals & funding
Excel Insurance Broking Private Limited has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹60.8 Lakh; the latest was in March 2020.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Funding round | ₹10.8 Lakh | Investors: 3 individuals |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 4 individuals |
| Jul 2017 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 3 individuals |
| Sep 2014 | Rights issue | ₹6 Lakh | Investors: 4 individuals |
| Mar 2013 | Funding round | ₹50 Lakh | Investors: 4 individuals |
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 Excel Insurance Broking 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 Excel Insurance Broking Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Excel Insurance Broking has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCE1519Q1ZE | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Excel Insurance Broking Private Limited, buy the company report.
Recent activity
Excel Insurance Broking Private Limited has 9 board changes on record since 2012: 3 appointments and 6 cessations. The latest: Meenakshi Malhotra was appointed as Director on 08 Aug 2022.
Frequently asked questions
Excel Insurance Broking is an active private limited company based in New Delhi, Delhi, India. The company works in insurance brokerage and advisory, within the financial services industry. It was incorporated on 07 September 2012 (14+ years old) and is registered under CIN U66000DL2012PTC241805.
Excel Insurance Broking has 3 current directors:
- Richa Nangia - Director
- Meenakshi Malhotra - Director
- Lovika Babbar - Director
The latest financial statements of Excel Insurance Broking on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Excel Insurance Broking is 07AADCE1519Q1ZE, registered in Delhi.
The CIN (Corporate Identification Number) of Excel Insurance Broking is U66000DL2012PTC241805. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Excel Insurance Broking was incorporated on 07 September 2012, making it 14+ years old. It is registered with the Registrar of Companies, Delhi.
Excel Insurance Broking has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹60.8 Lakh; the latest was in March 2020.
The peers of Excel Insurance Broking by revenue are Springdale Insurance Broking Private Limited, Rank Claims Seva Private Limited, Apd Insurance Brokers Private Limited, Sumire Securities Private Limited, all in the BFSI industry (Insurance Broking Firms), with the same principal business activity (financial advisory, brokerage and consultancy services).
Meenakshi Malhotra was appointed as Director on 08 Aug 2022. Lovika Babbar ceased to be Director on 29 Nov 2021. Narendra Kumar Malhotra ceased to be Director on 15 Jun 2020. Excel Insurance Broking has 9 board changes on record in total.
Excel Insurance Broking can be reached through the website excelinsurancebroking.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Excel Insurance Broking is at 1002 Best Sky Tower Netaji Subhash Place, New Delhi, Delhi, India – 110034.

