About Harmony Insurance Broking Private Limited
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Harmony Insurance Broking Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the insurance brokerage and advisory segment of the financial services sector. It was incorporated on 19 January 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U66030MH2008PTC178027. Its GSTIN is 27AABCH9834M1Z1 (Maharashtra).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors Bhavin Anil Parekh and Zarna Bhavin Parekh.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.11 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹1.37 Cr (net margin 33.3%) and EBITDA of ₹1.85 Cr (EBITDA margin 44.9%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 19% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Harmony Insurance Broking. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹45 Lakh; the latest was in August 2013.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website harmonyinsurance.co.in.
Company details
Contact details
Harmony Insurance Broking Private Limited's registered office is in Mumbai, Maharashtra. Its website is harmonyinsurance.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address604 Neelyog Square 6th Floor Opp. Ghatkopar Railway Station Ghatkopa, R (East), Mumbai, Maharashtra, India – 400077
- IndustryFinancial Services, Insurance Brokerage & Advisory
To see the full contact details of Harmony 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
Brands
Harmony Insurance Broking operates one associated brand: Harmony Insurance Broking. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provision of general insurance services including risk management and claims handling in India. | harmonyinsurance.co.in |
Business activity
The main business activity of Harmony Insurance Broking is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Harmony Insurance Broking Private Limited, buy the company report.
Financials of Harmony Insurance Broking Private Limited
FY 2025 filings availableHarmony Insurance Broking Private Limited reported revenue of ₹4.11 Cr (up 13% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 13% growth in the latest year. EBITDA rose 8% 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 | ₹1.85 Cr | ||||
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| Net Profit (PAT) | ₹1.37 Cr | ||||
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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 | 44.9% | ||||
| Net Profit Margin | 33.3% | ||||
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To see the full financial statements and ratios of Harmony Insurance Broking Private Limited, buy the company report.
Board of directors of Harmony Insurance Broking Private Limited
Harmony Insurance Broking 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 |
|---|---|---|---|---|
| Bhavin Anil Parekh | Director | 19 Jan 2008 | 18 Years 9 Months | Current |
| Zarna Bhavin Parekh | Director | 30 Sep 2025 | 1 Years 1 Months | Current |
Auditor
Harmony Insurance Broking Private Limited is audited by KAMLESH P MEHTA ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAMLESH P MEHTA ASSOCIATES | FY 2021 | 120063W |
Shareholding
The shareholding of Harmony Insurance Broking Private Limited is on record for 5 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 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Harmony Insurance Broking Private Limited, buy the company report.
Deals & funding
Harmony Insurance Broking Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹45 Lakh; the latest was in August 2013.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2010 | Funding round | ₹45 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 Harmony 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 Harmony Insurance Broking Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Harmony Insurance Broking Private Limited has a workforce of 12 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 | 12 |
| FY 2025-26 | |
| FY 2024-25 |
To see the full employee and EPFO history of Harmony Insurance Broking Private Limited, buy the company report.
GST
Harmony Insurance Broking has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCH9834M1Z1 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Harmony Insurance Broking Private Limited, buy the company report.
Recent activity
Harmony Insurance Broking Private Limited has 4 board changes on record since 2008: 3 appointments and 1 cessation. The latest: Dinesh Jayantilal Mehta ceased to be Director on 03 Dec 2025.
Frequently asked questions
Harmony Insurance Broking is an active private limited company based in Mumbai, Maharashtra, India. The company works in insurance brokerage and advisory, within the financial services industry. It was incorporated on 19 January 2008 (18+ years old) and is registered under CIN U66030MH2008PTC178027.
Harmony Insurance Broking has 2 current directors:
- Bhavin Anil Parekh - Director
- Zarna Bhavin Parekh - Director
The latest financial statements of Harmony 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 Harmony Insurance Broking is 27AABCH9834M1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of Harmony Insurance Broking is U66030MH2008PTC178027. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Harmony Insurance Broking was incorporated on 19 January 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Harmony Insurance Broking has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹45 Lakh; the latest was in August 2013.
Dinesh Jayantilal Mehta ceased to be Director on 03 Dec 2025. Zarna Bhavin Parekh was appointed as Director on 30 Sep 2025. Bhavin Anil Parekh was appointed as Director on 19 Jan 2008. Harmony Insurance Broking has 4 board changes on record in total.
Harmony Insurance Broking can be reached through the website harmonyinsurance.co.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Harmony Insurance Broking is at 604 Neelyog Square 6th Floor Opp. Ghatkopar Railway Station Ghatkopa, R East, Mumbai, Maharashtra, India – 400077.
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