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Advance India Insurance Broker Services Limited - Company Profile

It is a financial services public limited company based in Jalandhar, Punjab, India, established in 2004.

2004 | Jalandhar, Punjab, India | Active
Last Updated:

About Advance India Insurance Broker Services Limited

Advance India Insurance Broker Services Limited, a active public limited company, was established on 27 July 2004 in Jalandhar, Punjab, India. Engaging in insurance brokerage & advisory within the financial and insurance service sector, it holds CIN: U66010PB2004PLC027333. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹7.50 M and a paid-up capital of ₹7.50 M.

Formerly known as Advance India Insurance Services Limited. It upholds a compliant status. Its leadership includes Manjeri Vishnanathan Sundareswaran (Director), Sunanda Sharma (Whole-Time Director), Sabhya Saachi Sharma (Whole-Time Director). Past directors included Sunanda Sharma, Jatinder Singh Khehra, Harpreet Singh. It holds no open charges and ₹0.70 M settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 1205, Urban Estate, Phase-1, Jalandhar, Punjab, 144022.

Company Details

  • CIN/LLPIN

    U66010PB2004PLC027333

  • Registration Number

    027333

  • Incorporation Date

    27 July 2004

  • Authorized Capital

    ₹7.50 M

  • Paid-Up Capital

    ₹7.50 M

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 7.50 M
  • Company Age 21 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 0.70 M
  • Revenue Growth 23.96%
  • Profit Growth 68.45%
  • Ebitda 39.90%
  • Net Worth 18.42%
  • Total Assets 59.08%
Company report

Advance India Insurance Broker Services Limited

Company Report FY 2025-2026

Explore comprehensive insights into Advance India Insurance Broker Services Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Advance India Insurance Broker Services Limited?

Current Directors

NameDesignationAppointment DateStatus
Manjeri Vishnanathan SundareswaranDirector30 Sep 2020Current
Sunanda SharmaWhole-Time Director30 Mar 2010Current
Sabhya Saachi SharmaWhole-Time Director18 Oct 2014Current
Bhaskaran SrikumarDirector24 Aug 2016Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director30 Sep 2010Past
Pramod AbcsddDirector02 Dec 2014Past
Pramod AbcsddDirector15 Mar 2013Past
Pramod AbcsddWhole-Time Director08 Sep 2007Past
Pramod AbcsddWhole-Time Director24 Aug 2016Past
Pramod AbcsddDirector30 Sep 2017Past

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Financial Performance of Advance India Insurance Broker Services.

Advance India Insurance Broker Services Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 23.96% increase. The company also saw a substantial improvement in profitability, with a 68.45% increase in profit. The company's net worth Soared by an impressive increase of 18.42%.

Advance India Insurance Broker Services revenue growth over time
Advance India Insurance Broker Services profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
23.96%
Revenue from Operations
25.97%
Total Assets
59.08%
Profit or Loss
68.45%
Net Worth
18.42%
EBITDA
39.90%

What is the Ownership and Shareholding Structure of Advance India Insurance Broker Services?

In 2021, Advance India Insurance Broker Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹700,000.00

Charges Breakdown by Lending Institutions

  • Icici Bank Ltd. : 0.07 Cr

Latest Charge Details

DateLenderAmountStatus
25 Aug 2004Icici Bank Ltd.₹0.70 MSatisfied

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How Many Employees Work at Advance India Insurance Broker Services?

Unlock and access historical data on people associated with Advance India Insurance Broker Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Advance India Insurance Broker Services Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Advance India Insurance Broker Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Advance India Insurance Broker Services's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Advance India Insurance Broker Services

Recent Activity within the Organization

  • Annual General Meeting

    Advance India Insurance Broker Services Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Advance India Insurance Broker Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh. was completed.

  • Director Appointment

    Manjeri Vishnanathan Sundareswaran was appointed as a Director was appointed as a Director on 30 Sep 2020 & has been associated with this company since 5 years 2 months . was recorded as a recent event.

  • Director Appointment

    Bhaskaran Srikumar was appointed as a Director was appointed as a Director on 24 Aug 2016 & has been associated with this company since 9 years 3 months . was recorded as a recent event.

  • Director Appointment

    Progress on Sabhya Saachi Sharma was appointed as a Whole-time director was appointed as a Whole-time director on 18 Oct 2014 & has been associated with this company since 11 years 1 month . was documented.

  • Director Appointment

    Sunanda Sharma was appointed as a Whole-time director was appointed as a Whole-time director on 30 Mar 2010 & has been associated with this company since 15 years 8 months . was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Advance India Insurance Broker Services Limited?

    The CIN of Advance India Insurance Broker Services Limited is U66010PB2004PLC027333.

  • Where is Advance India Insurance Broker Services Limited headquartered?

    Advance India Insurance Broker Services Limited is headquartered at 1205, Urban Estate, Phase-1, Jalandhar, Punjab, 144022.

  • When was Advance India Insurance Broker Services Limited incorporated?

    Advance India Insurance Broker Services Limited was incorporated on 27 July 2004.

  • Who are the current directors of Advance India Insurance Broker Services Limited?

    The current directors of Advance India Insurance Broker Services Limited are

  • What is the primary industry of Advance India Insurance Broker Services Limited?

    The primary industry of Advance India Insurance Broker Services Limited is Financial And Insurance Service.

  • Is Advance India Insurance Broker Services Limited a listed company?

    Advance India Insurance Broker Services Limited is unlisted.

  • What is the capital structure of Advance India Insurance Broker Services Limited?

    The authorized capital of Advance India Insurance Broker Services Limited is ₹7.50 M, and the paid-up capital is ₹7.50 M.

  • What is the compliance status of Advance India Insurance Broker Services Limited?

    The compliance status of Advance India Insurance Broker Services Limited is Compliant.

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