Placement Insurance Agents Limited
About Placement Insurance Agents Limited
Data last updated:
Placement Insurance Agents Limited was a public limited company based in Thrissur, Kerala, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 29 November 2002.
The company was registered with the Registrar of Companies (ROC), Ernakulam, under CIN U67200KL2002PLC015784.
The company had an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It was led by directors including Fathimabi Abdul Shakkoor and Sheela Vipinachandran.
Its last annual general meeting (AGM) was held on 20 October 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Xxviii/196 – 14 Regency Centre Calvary Road West Fort, Thrissur, Kerala, India – 680004.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.9 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹7.63 Lakh (net margin -402.5%) and EBITDA of -₹5.73 Lakh (EBITDA margin -302.2%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 22% over five years.
Company details
Contact details
Placement Insurance Agents Limited's registered office is in Thrissur, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressXxviii/196 – 14 Regency Centre Calvary Road West Fort, Thrissur, Kerala, India – 680004
- IndustryFinancial Services, Financial Activities
To see the full contact details of Placement Insurance Agents 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
Business activity
The main business activity of Placement Insurance Agents is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Placement Insurance Agents Limited, buy the company report.
Financials of Placement Insurance Agents Limited
FY 2021 filings availablePlacement Insurance Agents Limited reported revenue of ₹1.9 Lakh (up 3085% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 22% over five years. EBITDA fell 154% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.9 Lakh | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹5.73 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.63 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -302.2% | ||||
| Net Profit Margin | -402.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Placement Insurance Agents Limited, buy the company report.
Board of directors of Placement Insurance Agents Limited
Placement Insurance Agents has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Fathimabi Abdul Shakkoor | Director | 29 Nov 2005 | 20 Years 10 Months | As last reported |
| Sheela Vipinachandran | Director | 29 Nov 2005 | 20 Years 10 Months | As last reported |
| Karattuparambil Karunakaran Vipinchandran | Director | 29 Nov 2002 | 23 Years 10 Months | As last reported |
Peer comparison
Placement Insurance Agents Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Europlus Financial Services Limited | ₹1.9 Lakh (FY 2019) | 5.0% | New Delhi, Delhi, India | |||
| Pragti Architects Consultants Private Limited | ₹1.9 Lakh (FY 2025) | -98.0% | Kanpur, Uttar Pradesh, India | |||
| Swarnrekha Projects Private Limited | ₹1.9 Lakh (FY 2024) | 9.0% | Kolkata, West Bengal, India | |||
| Vishal Wealth & Infratech Private Limited | ₹1.9 Lakh (FY 2024) | -93.0% | Noida, Uttar Pradesh, India | |||
| Kristal.Ai Capital Private Limited | ₹1.9 Lakh (FY 2023) | -9.0% | Bangalore, Karnataka, India | |||
| Placement Insurance Agents Limitedthis company | ₹1.9 Lakh (FY 2021) | -₹7.63 Lakh | -402.5% | 3085.0% | Thrissur, Kerala, India | |
| Finclin Private Limited | ₹1.89 Lakh (FY 2025) | 6296.0% | New Delhi, Delhi, India | |||
| Blue Tree Global Insurance Brokers Private Limited | ₹1.88 Lakh (FY 2021) | 54.0% | Bangalore, Karnataka, India | |||
| Austvinyak Agro Energy Private Limited | ₹1.87 Lakh (FY 2021) | -9.0% | Kolkata, West Bengal, India | |||
| Proloans Fincorp Private Limited | ₹1.87 Lakh (FY 2024) | 100.0% | Jaipur, Rajasthan, India | |||
| Ambalika Viniyog Limited | ₹1.87 Lakh (FY 2025) | -1.0% | Howrah, West Bengal, India |
To see the full peer comparison of Placement Insurance Agents Limited, buy the company report.
Auditor
Placement Insurance Agents Limited is audited by MOHANDAS & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MOHANDAS & ASSOCIATES | FY 2017 | 02116S |
Shareholding
The shareholding of Placement Insurance Agents Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Placement Insurance Agents Limited, buy the company report.
Legal cases
No court or tribunal cases involving Placement Insurance Agents 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 Placement Insurance Agents Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Placement Insurance Agents Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Placement Insurance Agents Limited has 5 board changes on record since 2002: 3 appointments and 2 cessations. The latest: Karikkot Narayanan Hemarajan ceased to be Managing Director on 30 May 2007.
Frequently asked questions
Placement Insurance Agents has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Placement Insurance Agents was a public limited company based in Thrissur, Kerala, India. The company worked in financial activities, within the financial services industry. It was incorporated on 29 November 2002 and is registered under CIN U67200KL2002PLC015784. The company has been struck off by the Registrar of Companies and is no longer operational.
Placement Insurance Agents had 3 directors:
- Fathimabi Abdul Shakkoor - Director
- Sheela Vipinachandran - Director
- Karattuparambil Karunakaran Vipinchandran - Director
The CIN (Corporate Identification Number) of Placement Insurance Agents is U67200KL2002PLC015784. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Placement Insurance Agents is at Xxviii196 – 14 Regency Centre Calvary Road West Fort, Thrissur, Kerala, India – 680004.
Placement Insurance Agents was incorporated on 29 November 2002. It is registered with the Registrar of Companies, Ernakulam.
The latest financial statements of Placement Insurance Agents on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 20 October 2021. Year-wise statements from 2015 are in the company report.
Placement Insurance Agents operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.
The peers of Placement Insurance Agents by revenue are Europlus Financial Services Limited, Pragti Architects Consultants Private Limited, Swarnrekha Projects Private Limited, Vishal Wealth & Infratech Private Limited, Kristal.Ai Capital Private Limited and 5 more, all in the same principal business activity (financial advisory, brokerage and consultancy services).
Karikkot Narayanan Hemarajan ceased to be Managing Director on 30 May 2007. Rajitha Hemaraj ceased to be Director on 30 May 2007. Fathimabi Abdul Shakkoor was appointed as Director on 29 Nov 2005. Placement Insurance Agents has 5 board changes on record in total.
The compliance status of Placement Insurance Agents is compliant as of 10 September 2026.