Myanmol Insurance Brokers LLP

Myanmol Insurance Brokers LLP - financial services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
LLPIN AAH-0556 Incorporated 01 August 2016 ROC Bangalore HQ Bangalore, Karnataka, India
Active Limited Liability Partnership financial services
Data last updated
Revenue · FY 2021
₹1.31 Cr
▲ 63% YoY
Net profit · FY 2021
₹24.4 Lakh
Net margin 18.7%
EBITDA · FY 2021
₹1.13 Cr
EBITDA margin 86.6%
Contribution obligation
₹1 Cr
As per LLP agreement
LLP age
10 yrs
Est. 2016
Designated partners
2
As per MCA filings
Active GSTINs
1
GST registered
Brands
1
Associated brands

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

LLPIN AAH-0556
Incorporation Date 01 August 2016
Total Obligation of Contribution ₹1 Cr
ROC Bangalore
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2025

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
  • Registered Address
    No. 35/A Third Cross Victoria Layout, Bangalore, Karnataka, India – 560047
  • Industry
    Financial Services, Insurance Brokerage & Advisory

To see the full contact details of Myanmol Insurance Brokers LLP, buy the company report.

Comprehensive company report
Myanmol Insurance Brokers LLP - 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
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Brands

Myanmol Insurance Brokers operates one associated brand: MyAnmol insurance broker. Each brand links to its own profile.

BrandDescriptionWebsite
Provider of motor, travel, fire & health insurance servicesmyanmolinsurance.com

Financials of Myanmol Insurance Brokers LLP

FY 2025 filings available

Myanmol Insurance Brokers LLP reported revenue of ₹1.31 Cr (up 63% YoY) for FY 2021.

Revenue · FY 2021
₹1.31 Cr ▲ 63%
Net profit · FY 2021
₹24.4 Lakh margin 18.7%
EBITDA · FY 2021
₹1.13 Cr margin 86.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 63%
3 years · compounded
▲ 181%
EBITDA CAGR growth
1 year
▲ 62%
3 years · compounded
▲ 141%

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 SolvencyFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 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 SolvencyFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
Net Profit Margin18.7%
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.

Current Designated Partners
NameDesignationAppointment DateTenureStatus
Suresh BajajDesignated Partner01 Aug 201610 Years 3 MonthsCurrent
Karthikeyan SathyaseelanDesignated Partner09 Mar 20188 Years 7 MonthsCurrent

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.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29ABDFM3746P1ZLKarnatakaActive07 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.

AGM
Myanmol Insurance Brokers Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Myanmol Insurance Brokers Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Karthikeyan Sathyaseelan was appointed as Designated Partner.
Appointed
Laxmi Pat Dudheria was appointed as Partner.
Ceased
Prathima Bajaj ceased to be Designated Partner.
Ceased
Narasandra Putta Revanna Chidananda ceased to be Partner.
Appointed
Suresh Bajaj was appointed as Designated Partner.
Incorporation
01 Aug 2016
Myanmol Insurance Brokers Llp was registered on 01 Aug 2016 with Roc Bangalore & aged 10 years 3 months as per MCA records.

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:

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.