
About Aapt Insurance Brokers Private Limited
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Aapt Insurance Brokers Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Aapt Holdings Private Limited and recognised as a startup by DPIIT. It operates in the insurance brokerage and advisory segment of the financial services sector. It was incorporated on 24 December 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U66000MH2020PTC352473. Its GSTIN is 27AAUCA5724E1ZH (Maharashtra).
The company has an authorised share capital of ₹1.2 Cr and a paid-up capital of ₹1.1 Cr. It is led by directors including Ashish Mehrotra and Sourabh Kumar.
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 Flat No. 103 Avalon Raheja Acropolis – 1 Deonar Village Deonar Pada Road, Mumbai, Maharashtra, India – 400088.
As per the financials filed for FY 2025, the company reported a revenue of ₹21.89 Cr, a decline of 56% compared to the previous year. For the same year it recorded a net loss of ₹2.63 Cr (net margin -12%) and EBITDA of -₹3.12 Cr (EBITDA margin -14.3%).
The company is associated with 1 brand: Finizon.
For more details, the company can be reached via its website ins.finizoninsurance.com.
Company details
Recognitions & Rankings of Aapt Insurance Brokers
Contact details
Aapt Insurance Brokers Private Limited's registered office is in Mumbai, Maharashtra. Its website is ins.finizoninsurance.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFlat No. 103 Avalon Raheja Acropolis – 1 Deonar Village Deonar Pada Road, Mumbai, Maharashtra, India – 400088
- IndustryFinancial Services, Insurance Brokerage & Advisory
To see the full contact details of Aapt Insurance Brokers Private 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
Brands
Aapt Insurance Brokers operates one associated brand: Finizon. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Financial services are provided by Finizon in Mumbai, India. | finizon.com |
Business activity
The main business activity of Aapt Insurance Brokers is financial and insurance service. In detail, this covers life/non-life insurance and reinsurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K3 | Life/Non-life Insurance and Reinsurance activities |
To see the full business activity and turnover split of Aapt Insurance Brokers Private Limited, buy the company report.
Financials of Aapt Insurance Brokers Private Limited
FY 2025 filings availableAapt Insurance Brokers Private Limited reported revenue of ₹21.89 Cr (down 56% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 56% in the latest year. EBITDA fell 202% in the latest 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 | -₹3.12 Cr | ||||
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| Net Profit (PAT) | -₹2.63 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -14.3% | ||||
| Net Profit Margin | -12% | ||||
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To see the full financial statements and ratios of Aapt Insurance Brokers Private Limited, buy the company report.
Board of directors of Aapt Insurance Brokers Private Limited
Aapt Insurance Brokers has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Priyank Sapra Also directs: Aapt Holdings Private Limited | Additional Director | 22 Mar 2024 | 2 Years 7 Months | Current |
| Ashish Mehrotra Also directs: Northern Arc Capital Limited, Northern Arc Creditech Solutions Private Limited, Pragati Finserv Private Limited and 5 more | Director | 24 Dec 2020 | 5 Years 10 Months | Current |
| Sourabh Kumar Also directs: Aapt Investment Advisors Private Limited, Aapt Holdings Private Limited, Aapt Fintech Private Limited and 5 more | Director | 24 Dec 2020 | 5 Years 10 Months | Current |
| Tarun Taneja Also directs: Aapt Holdings Private Limited, Aapt Fintech Private Limited | Director | 24 Dec 2020 | 5 Years 10 Months | Current |
Peer comparison
Aapt Insurance Brokers Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Insurance Broking Firms), with the same principal business activity (life/non-life insurance and reinsurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| J B Boda Insurance Brokers Private Limited | ₹23.08 Cr (FY 2018) | 11.0% | Mumbai, Maharashtra, India | |||
| Aapt Insurance Brokers Private Limitedthis company | ₹21.89 Cr (FY 2025) | -₹2.63 Cr | -12% | -56.0% | Mumbai, Maharashtra, India | |
| Sriyah Insurance Brokers Private Limited | ₹21.87 Cr (FY 2025) | 20.0% | Bangalore, Karnataka, India | |||
| Notion Insurance Broker Private Limited | ₹20.85 Cr (FY 2024) | 751.0% | Bhopal, Madhya Pradesh, India | |||
| Futurisk Insurance Broking Co. Private Limited | ₹20.82 Cr (FY 2025) | 11.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Aapt Insurance Brokers Private Limited, buy the company report.
Auditor
Aapt Insurance Brokers Private Limited is audited by V K LADHA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V K LADHA & ASSOCIATES | FY 2023 | 002301C |
Shareholding
The shareholding of Aapt Insurance Brokers Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Aapt Insurance Brokers Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Aapt Insurance Brokers Private 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 Aapt Insurance Brokers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aapt Insurance Brokers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAUCA5724E1ZH | Maharashtra | Active | 29 Mar 2021 |
To see the full GST registrations and return filing status of Aapt Insurance Brokers Private Limited, buy the company report.
Recent activity
Aapt Insurance Brokers Private Limited has 4 board changes on record since 2020: 4 appointments. The latest: Priyank Sapra was appointed as Additional Director on 22 Mar 2024.
Frequently asked questions
Aapt Insurance Brokers is an active private limited company based in Mumbai, Maharashtra, India. The company works in insurance brokerage and advisory, within the financial services industry. It was incorporated on 24 December 2020 (6+ years old) and is registered under CIN U66000MH2020PTC352473.
Aapt Insurance Brokers has 4 current directors:
- Priyank Sapra - Additional Director
- Ashish Mehrotra - Director
- Sourabh Kumar - Director
- Tarun Taneja - Director
The latest financial statements of Aapt Insurance Brokers 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 FY 2021 are in the company report.
The GSTIN of Aapt Insurance Brokers is 27AAUCA5724E1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Aapt Insurance Brokers is U66000MH2020PTC352473. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aapt Insurance Brokers was incorporated on 24 December 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Aapt Insurance Brokers by revenue are J B Boda Insurance Brokers Private Limited, Sriyah Insurance Brokers Private Limited, Notion Insurance Broker Private Limited, Futurisk Insurance Broking Co. Private Limited, all in the BFSI industry (Insurance Broking Firms), with the same principal business activity (life/non-life insurance and reinsurance activities).
Priyank Sapra was appointed as Additional Director on 22 Mar 2024. Ashish Mehrotra was appointed as Director on 24 Dec 2020. Sourabh Kumar was appointed as Director on 24 Dec 2020. Aapt Insurance Brokers has 4 board changes on record in total.
Yes, Aapt Insurance Brokers is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Aapt Insurance Brokers can be reached through the website ins.finizoninsurance.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Aapt Insurance Brokers is at Flat No. 103 Avalon Raheja Acropolis – 1 Deonar Village Deonar Pada Road, Mumbai, Maharashtra, India – 400088.

