Harman Insurance Advisors Private Limited
About Harman Insurance Advisors Private Limited
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Harman Insurance Advisors Private Limited is a private limited company based in Kapurthala, Punjab, India. It operates in the life insurance. non life insurance segment of the insurance sector. It was incorporated on 18 June 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U67200PB2003PTC026117.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Harminder Singh (Managing Director) and Ashish Arora.
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 Vijaya Bank Complexthe Mall Kapurthala, Punjab, India – 144601.
As per the financials filed for FY 2024, the company reported a revenue of ₹97,053, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹3,772 (net margin 3.9%) and EBITDA of ₹6,253 (EBITDA margin 6.4%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 9% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Harman Insurance Advisors Private Limited's registered office is in Kapurthala, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressVijaya Bank Complexthe Mall Kapurthala, Punjab, India – 144601
- IndustryInsurance, Life Insurance. Non Life Insurance
To see the full contact details of Harman Insurance Advisors 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 Harman Insurance Advisors 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 Harman Insurance Advisors Private Limited, buy the company report.
Financials of Harman Insurance Advisors Private Limited
FY 2025 filings availableHarman Insurance Advisors Private Limited reported revenue of ₹97,053 (down 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA rose 3% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹6,253 | ||||
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| Net Profit (PAT) | ₹3,772 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 6.4% | ||||
| Net Profit Margin | 3.9% | ||||
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To see the full financial statements and ratios of Harman Insurance Advisors Private Limited, buy the company report.
Board of directors of Harman Insurance Advisors Private Limited
Harman Insurance Advisors has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Arora Also directs: Inborn Learning Skills Private Limited | Director | 18 Sep 2018 | 8 Years 1 Months | Current |
| Harminder Singh | Managing Director | 18 Jun 2003 | 23 Years 4 Months | Current |
Peer comparison
Harman Insurance Advisors Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Kaira Real Estate Private Limited | ₹98,900 (FY 2025) | 8.0% | Indore, Madhya Pradesh, India | |||
| A'xykno Infrastructure Private Limited | ₹98,500 (FY 2019) | Nagpur, Maharashtra, India | ||||
| Roxyment Corporate Advisory Private Limited | ₹98,012 (FY 2023) | -26.0% | Indore, Madhya Pradesh, India | |||
| BG Fintec Services (OPC) Private Limited | ₹98,000 (FY 2023) | 9.0% | Chennai, Tamil Nadu, India | |||
| Marigold Support Services Private Limited | ₹97,064 (FY 2016) | -80.0% | Kolklata, West Bengal, India | |||
| Harman Insurance Advisors Private Limitedthis company | ₹97,053 (FY 2024) | ₹3,772 | 3.9% | -1.0% | Kapurthala, Punjab, India | |
| RP Precise Product and Service (OPC) Private Limited | ₹96,909 (FY 2022) | Panruti, Tamil Nadu, India | ||||
| Requeza Management Services Private Limited | ₹96,789 (FY 2021) | 20.0% | Kolkata, West Bengal, India | |||
| Ocean Insurance Consultancy and Real Estate Private Limited | ₹96,737 (FY 2016) | 55.0% | Kanpur, Uttar Pradesh, India | |||
| Akasa Investments Consultants Private Limited | ₹96,474 (FY 2018) | -4.0% | Delhi, India | |||
| Startreck Securities Private Limited | ₹96,200 (FY 2025) | 6.0% | Patiala, Punjab, India |
To see the full peer comparison of Harman Insurance Advisors Private Limited, buy the company report.
Auditor
Harman Insurance Advisors Private Limited is audited by V.P.VIJH& COMPANY for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.P.VIJH& COMPANY | FY 2017 | 001248N |
Shareholding
The shareholding of Harman Insurance Advisors Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Harman Insurance Advisors Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Harman Insurance Advisors 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 Harman Insurance Advisors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Harman Insurance Advisors Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Harman Insurance Advisors Private Limited has 3 board changes on record since 2003: 2 appointments and 1 cessation. The latest: Ashish Arora was appointed as Director on 18 Sep 2018.
Frequently asked questions
Harman Insurance Advisors is an active private limited company based in Kapurthala, Punjab, India. The company works in life insurance. non life insurance, within the insurance industry. It was incorporated on 18 June 2003 (23+ years old) and is registered under CIN U67200PB2003PTC026117.
Harman Insurance Advisors has 2 current directors:
- Harminder Singh - Managing Director
- Ashish Arora - Director
The latest financial statements of Harman Insurance Advisors 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 CIN (Corporate Identification Number) of Harman Insurance Advisors is U67200PB2003PTC026117. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Harman Insurance Advisors was incorporated on 18 June 2003, making it 23+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Harman Insurance Advisors by revenue are Kaira Real Estate Private Limited, A'xykno Infrastructure Private Limited, Roxyment Corporate Advisory Private Limited, BG Fintec Services (OPC) Private Limited, Marigold Support Services Private Limited and 5 more, all in the same principal business activity (financial advisory, brokerage and consultancy services).
Ashish Arora was appointed as Director on 18 Sep 2018. Ravinder Kaur ceased to be Director on 18 Sep 2018. Harminder Singh was appointed as Managing Director on 18 Jun 2003.
The registered office of Harman Insurance Advisors is at Vijaya Bank Complexthe Mall Kapurthala, Punjab, India – 144601.
Harman Insurance Advisors operates in the insurance industry, in the life insurance. non life insurance segment.
The compliance status of Harman Insurance Advisors is compliant as of 28 August 2026. The company is actively filing with the Registrar of Companies.
Harman Insurance Advisors can be reached at its registered office: Vijaya Bank Complexthe Mall Kapurthala, Punjab, India – 144601.
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