About Inditrade Insurance Broking Private Limited
Data last updated:
Inditrade Insurance Broking Private Limited is a private limited company based in Kochi, Kerala, India, a subsidiary of Juno Moneta Technologies Private Limited. It operates in the insurance brokerage and advisory segment of the financial services sector. It was incorporated on 22 February 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U67190KL2000PTC013701. Its GSTIN is 32AABCJ4057C1Z4 (Kerala). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹6.5 Cr. It was formerly known as Jrg Insurance Broking Private Limited and Jrg Financial Services Private Limited. It is led by directors Biju Sreeramachandran and Kerachan Ayyappan Somasekharan.
Its last annual general meeting (AGM) was held on 01 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Second Floor M E S Building Kaloor, Kochi, Kerala, India – 682017.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.69 Cr, a decline of 57% compared to the previous year. For the same year it recorded a net profit of ₹53.3 Lakh (net margin 31.5%) and EBITDA of ₹65.32 Lakh (EBITDA margin 38.6%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 19% over five years.
The company has about 23 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: JRG Financials and Inditrade. Court records list 1 case involving the company, including 1 filed against it. The company has 6 deals on record (5 secondary share transfers, 1 acquisition); the latest was in September 2015. Its 10 peer companies in the BFSI industry (Insurance Broking Firms) are compared by revenue, 5 larger and 5 smaller; the largest is Jayantha Insurance Broking Private Limited with revenue of ₹1.8 Cr. The company has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 2 overdue payments to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website inditrade.com.
Name History of Inditrade Insurance Broking Private Limited
Inditrade Insurance Broking has undergone 2 name changes throughout its history. The company was previously known as Jrg Insurance Broking Private Limited, and Jrg Financial Services Private Limited. The current legal name is Inditrade Insurance Broking Private Limited.
| Company Name | Status |
|---|---|
| Inditrade Insurance Broking Private Limited | Current |
| Jrg Insurance Broking Private Limited | Previous |
| Jrg Financial Services Private Limited | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressSecond Floor M E S Building Kaloor, Kochi, Kerala, India – 682017
- IndustryFinancial Services, Insurance Brokerage & Advisory
- 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
- One PDF report, delivered after checkout
Associated Brands with Inditrade Insurance Broking Private Limited
Inditrade Insurance Broking operates two associated brands: JRG Financials and Inditrade. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides financial planning, risk management, and wealth advisory services. | jrgfinancial.com | |
| Stock broking, agri commodity financing, and microfinance services are provided. | inditrade.com |
Business Activity of Inditrade Insurance Broking Private Limited
The main business activity of Inditrade Insurance Broking is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Inditrade Insurance Broking Private Limited FY 2024 filings available
Inditrade Insurance Broking Private Limited reported revenue of ₹1.69 Cr (down 57% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Inditrade Insurance Broking Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 19% over five years, including a 57% fall in the latest year. EBITDA fell 36% 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 of Inditrade Insurance Broking Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹65.32 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹53.3 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Inditrade Insurance Broking Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 38.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 31.5% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Inditrade Insurance Broking are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Inditrade Insurance Broking Private Limited
Inditrade Insurance Broking has 2 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Biju Sreeramachandran Also directs: Inditrade Technologies Limited | Director | 14 Mar 2019 | 7 Years 7 Months | Current |
| Kerachan Ayyappan Somasekharan | Director | 23 May 2016 | 10 Years 4 Months | Current |
Peer Comparison of Inditrade Insurance Broking Private Limited
Inditrade Insurance Broking Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Insurance Broking Firms). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jayantha Insurance Broking Private Limited | ₹1.8 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Tiruchirappalli, Tamil Nadu, India |
| Makhathi Insurance Broker Private Limited | ₹1.79 Cr (FY 2025) | •••• | •••• | -28.0% | •••• | Thanjavur, Tamil Nadu, India |
| Srei Insurance Broking Private Limited | ₹1.77 Cr (FY 2025) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Livwell Digital Technology Private Limited | ₹1.74 Cr (FY 2025) | •••• | •••• | 95.0% | •••• | Bangalore, Karnataka, India |
| Kare India Insurance Brokers Private Limited | ₹1.69 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Delhi, India |
| Inditrade Insurance Broking Private Limited this company | ₹1.69 Cr (FY 2025) | •••• | •••• | -57.0% | •••• | Kochi, Kerala, India |
| Vrddhi Insurance Broking Services India Private Limited | ₹1.68 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Bangalore, Karnataka, India |
| Multinsure Insurance Brokers Private Limited | ₹1.68 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | New Delhi, Delhi, India |
| Moneypalm Wealth Private Limited | ₹1.67 Cr (FY 2025) | •••• | •••• | -37.0% | •••• | New Delhi, Delhi, India |
| Tamarind Insurance Brokers Private Limited | ₹1.67 Cr (FY 2024) | •••• | •••• | 1194544.0% | •••• | Pune, Maharashtra, India |
| Apr Consultants Private Limited | ₹1.66 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Inditrade Insurance Broking by revenue in the BFSI industry (Insurance Broking Firms), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Inditrade Insurance Broking Private Limited
Inditrade Insurance Broking Private Limited is audited by Kamlesh P Mehta for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Kamlesh P Mehta | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Inditrade Insurance Broking Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Inditrade Insurance Broking Private Limited
Inditrade Insurance Broking Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Inditrade Insurance Broking Private Limited
Inditrade Insurance Broking Private Limited has 6 deals on record (5 secondary share transfers, 1 acquisition); the latest was in September 2015.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2015 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Jul 2012 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 3 individuals |
| Sep 2011 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Inditrade Rural Marketing Limited |
| Aug 2010 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2006 | Acquisition | Undisclosed | Buyer: Inditrade Rural Marketing Limited Seller: Inditrade Capital Limited |
Full deal history
All 6 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Inditrade Insurance Broking Private Limited
Inditrade Insurance Broking Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CARBP) | Filed against the company by PNB Metlife India Insurance Company Limited | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Inditrade Insurance Broking Private Limited
Inditrade Insurance Broking Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 2 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Biz Equip Advisory LLP | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Inditrade Insurance Broking Private Limited
Inditrade Insurance Broking Private Limited has a workforce of 23 employees as of Mar 21, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Inditrade Insurance Broking Private Limited
Inditrade Insurance Broking Private Limited has 36 board changes on record since 2000: 19 appointments and 17 cessations. The latest: Naveen Kumar Jain ceased to be Director on 24 Jul 2023.
27 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Inditrade Insurance Broking Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Inditrade Insurance Broking Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Inditrade Insurance Broking Private Limited
Inditrade Insurance Broking has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AABCJ4057C1Z4 | Kerala | Active | 01 Jul 2017 |
| 07AABCJ4057C1ZX | Delhi | Active | 10 Sep 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Inditrade Insurance Broking Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Inditrade Insurance Broking Private Limited
Frequently Asked Questions about Inditrade Insurance Broking Private Limited
Inditrade Insurance Broking is an active private limited company based in Kochi, Kerala, India. The company works in insurance brokerage and advisory, within the financial services industry. It was incorporated on 22 February 2000 (26+ years old) and is registered under CIN U67190KL2000PTC013701.
Inditrade Insurance Broking reported revenue of ₹1.69 Cr for FY 2025 (down 57% YoY).
Inditrade Insurance Broking has 2 current directors:
- Biju Sreeramachandran - Director
- Kerachan Ayyappan Somasekharan - Director
Inditrade Insurance Broking reported a net profit of ₹53.3 Lakh (net margin 31.5%) and EBITDA of ₹65.32 Lakh (EBITDA margin 38.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Inditrade Insurance Broking is -36% over three years and -19% over five years. In the latest year (FY 2025) revenue fell 57%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Inditrade Insurance Broking is 32AABCJ4057C1Z4, registered in Kerala. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 07AABCJ4057C1ZX (Delhi).
The CIN (Corporate Identification Number) of Inditrade Insurance Broking is U67190KL2000PTC013701. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Inditrade Insurance Broking has 1 court case on record: 1 filed against it.
Inditrade Insurance Broking was incorporated on 22 February 2000, making it 26+ years old. It is registered with the Registrar of Companies, Ernakulam.
Inditrade Insurance Broking has 6 deals on record (5 secondary share transfers, 1 acquisition); the latest was in September 2015.
The peers of Inditrade Insurance Broking by revenue are Jayantha Insurance Broking Private Limited, Makhathi Insurance Broker Private Limited, Srei Insurance Broking Private Limited, Livwell Digital Technology Private Limited, Kare India Insurance Brokers Private Limited and 5 more, all in the BFSI industry (Insurance Broking Firms).
Naveen Kumar Jain ceased to be Director on 24 Jul 2023. Naveen Kumar Jain was appointed as Director on 03 Nov 2021. Konnoth Joseph Samson ceased to be Director on 12 May 2021. Inditrade Insurance Broking has 36 board changes on record in total.