MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0025971
Insure Policy Plus Services (India ) Private Limited
Insure Policy Plus Services (India ) Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.05 Cr
▲ 1107% YoY
Net profit · FY 2025
₹2.49 Cr
Net margin 81.7%
EBITDA · FY 2025
₹2.49 Cr
EBITDA margin 81.7%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.05 Cr
Issued & subscribed
Company age
24 yrs
Est. 2002
Directors on board
3
As per MCA filings
GST registrations
2
None active
About Insure Policy Plus Services (India ) Private Limited
Data last updated:
Insure Policy Plus Services (India ) Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Dravya Finance Private Limited. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 05 April 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67200MH2002PTC135431. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.05 Cr. It is led by directors including Alkesh Shah Satish and Sayam Shah Sanjay.
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 Plot No 8 Western Estate Opp Seepz – SEZ M I D C Andheri(East), Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.05 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.49 Cr (net margin 81.7%) and EBITDA of ₹2.49 Cr (EBITDA margin 81.7%). Revenue has grown at a compounded annual rate (CAGR) of 151% over three years and 50% over five years.
Court records list 4 cases involving the company, including 4 filed by the company; 1 case is pending.
Insure Policy Plus Services (India ) Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0025971). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U67200MH2002PTC135431
Registration Number 135431
Incorporation Date 05 April 2002
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Dravya Finance Private Limited
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0025971
Recognitions & Rankings of Insure Policy Plus Services (India )
Contact details
Insure Policy Plus Services (India ) Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No 8 Western Estate Opp Seepz – SEZ M I D C Andheri(East), Mumbai, Maharashtra, India – 400093
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Insure Policy Plus Services (India ) Private Limited, buy the company report.
Comprehensive company report
Insure Policy Plus Services (India ) Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Insure Policy Plus Services (India ) is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Insure Policy Plus Services (India ) Private Limited, buy the company report.
Financials of Insure Policy Plus Services (India ) Private Limited
FY 2025 filings availableInsure Policy Plus Services (India ) Private Limited reported revenue of ₹3.05 Cr (up 1107% YoY) for FY 2025.
Revenue · FY 2025
₹3.05 Cr ▲ 1107%
Net profit · FY 2025
₹2.49 Cr margin 81.7%
EBITDA · FY 2025
₹2.49 Cr margin 81.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 151%
5 years · compounded
▲ 50%
EBITDA CAGR growth
3 years · compounded
▲ 235%
5 years · compounded
▲ 54%
Revenue has grown at a compounded annual rate (CAGR) of 50% over five years. 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 | ₹2.49 Cr | ||||
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| Net Profit (PAT) | ₹2.49 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 81.7% | ||||
| Net Profit Margin | 81.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Insure Policy Plus Services (India ) Private Limited, buy the company report.
Board of directors of Insure Policy Plus Services (India ) Private Limited
Insure Policy Plus Services (India ) has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alkesh Shah Satish Also directs: Gold Star Fine Jewellery LLP, Gold Star Jewellery Designs LLP, Gold Star Centoquattro Jewellery LLP and 5 more | Director | 01 Jun 2016 | 10 Years 4 Months | Current |
| Sayam Shah Sanjay Also directs: Gold Star Fine Jewellery LLP, Gold Star Elite Jewels Private Limited, Dravya Finance Private Limited and 5 more | Director | 22 Jan 2021 | 5 Years 9 Months | Current |
| Ketan Balkrishna Mehta | Director | 05 Apr 2002 | 24 Years 6 Months | Current |
Auditor
Insure Policy Plus Services (India ) Private Limited is audited by S T R & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S T R & ASSOCIATES | FY 2022 | 144723W |
Shareholding
The shareholding of Insure Policy Plus Services (India ) Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Insure Policy Plus Services (India ) Private Limited, buy the company report.
Legal cases
Insure Policy Plus Services (India ) Private Limited has 4 court cases on record: 4 filed by Insure Policy Plus Services (India ). 1 case is pending and 3 are disposed.
Total cases
4
Filed by the company
4
Pending
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Life Insurance Corporation of India | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Life Insurance Corporation of India | Disposed |
| Bombay High Court | Court case (NMW) | Filed by the company against The Life Insurance Corpn. of India and Anr. | Disposed |
| Bombay High Court | Court case (CHSW) | Filed by the company against The Life Insurance Corporation of India and Anr. | Disposed |
To see the full case history of Insure Policy Plus Services (India ) Private Limited, buy the company report.
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
No delayed payments to MSME suppliers are on our record for Insure Policy Plus Services (India ) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Insure Policy Plus Services (India ) has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
Total GSTINs
2
Cancelled / inactive
2
To see the full GST registrations and return filing status of Insure Policy Plus Services (India ) Private Limited, buy the company report.
Recent activity
Insure Policy Plus Services (India ) Private Limited has 8 board changes on record since 2002: 3 appointments and 5 cessations. The latest: Sanjay Satishchandra Shah ceased to be Director on 27 Jan 2021.
AGM
Insure Policy Plus Services (India ) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Insure Policy Plus Services (India ) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Sanjay Satishchandra Shah ceased to be Director.
Appointed
Sayam Shah Sanjay was appointed as Director.
Ceased
Surit Chhaganlal Patel ceased to be Director.
Ceased
Alkesh Shah Satish ceased to be Additional Director.
Ceased
Satish Ratilal Shah ceased to be Additional Director.
Appointed
Alkesh Shah Satish was appointed as Director.
Ceased
Hasmukh Khelshankar Rawal ceased to be Director.
Appointed
Ketan Balkrishna Mehta was appointed as Director.
Incorporation
05 Apr 2002
Insure Policy Plus Services (India ) Private Limited was registered on 05 Apr 2002 with Roc Mumbai I & aged 24 years 6 months as per MCA records.
Frequently asked questions
Insure Policy Plus Services (India ) is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 05 April 2002 (24+ years old) and is registered under CIN U67200MH2002PTC135431.
Insure Policy Plus Services (India ) has 3 current directors:
- Alkesh Shah Satish - Director
- Sayam Shah Sanjay - Director
- Ketan Balkrishna Mehta - Director
The latest financial statements of Insure Policy Plus Services (India ) 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.
No. Insure Policy Plus Services (India ) has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Insure Policy Plus Services (India ) is U67200MH2002PTC135431. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Insure Policy Plus Services (India ) has 4 court cases on record: 4 filed by the company. 1 is pending.
Insure Policy Plus Services (India ) was incorporated on 05 April 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
Sanjay Satishchandra Shah ceased to be Director on 27 Jan 2021. Sayam Shah Sanjay was appointed as Director on 22 Jan 2021. Surit Chhaganlal Patel ceased to be Director on 09 Apr 2019. Insure Policy Plus Services (India ) has 8 board changes on record in total.
Yes, Insure Policy Plus Services (India ) is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0025971).
The registered office of Insure Policy Plus Services (India ) is at Plot No 8 Western Estate Opp Seepz – SEZ M I D C AndheriEast, Mumbai, Maharashtra, India – 400093.