
About Myanmol Insurance Brokers LLP
Data last updated:
Myanmol Insurance Brokers LLP is a limited liability partnership (LLP) based in Bangalore, Karnataka, India. It operates in the insurance brokerage and advisory segment of the financial services sector. It was incorporated on 01 August 2016 and has been in existence for over 10 years.
The LLP is registered with the Registrar of Companies (ROC), Bangalore, under LLPIN AAH-0556. Its GSTIN is 29ABDFM3746P1ZL (Karnataka).
The LLP has a total obligation of contribution of ₹1 Cr. It is led by designated partners Suresh Bajaj and Karthikeyan Sathyaseelan.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at No. 35/A Third Cross Victoria Layout, Bangalore, Karnataka, India – 560047.
As per the financials filed for FY 2021, the LLP reported a revenue of ₹1.31 Cr, a growth of 63% compared to the previous year. For the same year it recorded a net profit of ₹24.4 Lakh (net margin 18.7%) and EBITDA of ₹1.13 Cr (EBITDA margin 86.6%). Revenue has grown at a compounded annual rate (CAGR) of 181% over three years.
The LLP is associated with 1 brand: MyAnmol insurance broker.
For more details, the LLP can be reached via its website myanmolinsurance.com.
Company details
Contact details
Myanmol Insurance Brokers LLP's registered office is in Bangalore, Karnataka. Its website is myanmolinsurance.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 35/A Third Cross Victoria Layout, Bangalore, Karnataka, India – 560047
- IndustryFinancial Services, Insurance Brokerage & Advisory
To see the full contact details of Myanmol Insurance Brokers LLP, 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
Myanmol Insurance Brokers operates one associated brand: MyAnmol insurance broker. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of motor, travel, fire & health insurance services | myanmolinsurance.com |
Financials of Myanmol Insurance Brokers LLP
FY 2025 filings availableMyanmol Insurance Brokers LLP reported revenue of ₹1.31 Cr (up 63% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 181% over three years, including 63% growth in the latest year. EBITDA rose 62% 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
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | |||||
| Other Income | |||||
| Total Income | ₹1.31 Cr | ||||
| Purchases and Direct Costs | |||||
| Personnel Expenses | |||||
| Administrative Expenses | |||||
| Interest | |||||
| Depreciation | |||||
| Total Expenses | |||||
| Profit Before Tax | |||||
| Tax | |||||
| Profit After Tax | ₹24.4 Lakh | ||||
| Profit Transferred to Partners | |||||
| Assets and Liabilities | |||||
| Partners' Contribution | |||||
| Reserves and Surplus | |||||
| Secured Loans | |||||
| Unsecured Loans | |||||
| Trade Payables | |||||
| Other Liabilities and Provisions | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Loans and Advances | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 18.7% | ||||
| Return on Partners' Funds | |||||
| Return on Assets | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Debt to Partners' Funds | |||||
| Interest Coverage | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Turnover Growth | |||||
| Profit Growth | |||||
To see the full financial statements and ratios of Myanmol Insurance Brokers LLP, buy the company report.
Designated partners of Myanmol Insurance Brokers LLP
Myanmol Insurance Brokers has 2 current designated partners and 3 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Bajaj Also directs: Myanmol Financial Services LLP, Maco Securities LLP | Designated Partner | 01 Aug 2016 | 10 Years 3 Months | Current |
| Karthikeyan Sathyaseelan Also directs: Earlyaccess Technologies LLP, Abc Outdoor Ventures Private Limited | Designated Partner | 09 Mar 2018 | 8 Years 7 Months | Current |
Legal cases
No court or tribunal cases involving Myanmol Insurance Brokers LLP 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 Myanmol Insurance Brokers LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Myanmol Insurance Brokers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABDFM3746P1ZL | Karnataka | Active | 07 Dec 2017 |
To see the full GST registrations and return filing status of Myanmol Insurance Brokers LLP, buy the company report.
Recent activity
Myanmol Insurance Brokers LLP has 5 designated partner changes on record since 2016: 3 appointments and 2 cessations. The latest: Karthikeyan Sathyaseelan was appointed as Designated Partner on 09 Mar 2018.
Frequently asked questions
Myanmol Insurance Brokers is an active limited liability partnership based in Bangalore, Karnataka, India. The LLP works in insurance brokerage and advisory, within the financial services industry. It was incorporated on 01 August 2016 (10+ years old) and is registered under LLPIN AAH-0556.
Myanmol Insurance Brokers has 2 current designated partners:
- Suresh Bajaj - Designated Partner
- Karthikeyan Sathyaseelan - Designated Partner
The latest financial statements of Myanmol Insurance Brokers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Myanmol Insurance Brokers is 29ABDFM3746P1ZL, registered in Karnataka.
The LLPIN (Limited Liability Partnership Identification Number) of Myanmol Insurance Brokers is AAH-0556. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Myanmol Insurance Brokers was incorporated on 01 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Karthikeyan Sathyaseelan was appointed as Designated Partner on 09 Mar 2018. Laxmi Pat Dudheria was appointed as Partner on 09 Mar 2018. Prathima Bajaj ceased to be Designated Partner on 09 Mar 2018. Myanmol Insurance Brokers has 5 designated partner changes on record in total.
Myanmol Insurance Brokers can be reached through the website myanmolinsurance.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Myanmol Insurance Brokers is at No. 35A Third Cross Victoria Layout, Bangalore, Karnataka, India – 560047.
Myanmol Insurance Brokers operates in the financial services industry, in the insurance brokerage and advisory segment.

