Afro-Asian Insurance & Reinsurance Brokers (India) Private Limited - Company Profile

It is a financial services private limited company based in Mumbai, Maharashtra, India, established in 2000.

2000 Mumbai, Maharashtra, India Active

Last Updated: January 11, 2026

About Afro-Asian Insurance & Reinsurance Brokers (India) Private Limited

Afro-Asian Insurance & Reinsurance Brokers (India) Private Limited, a active private limited company, was established on 03 November 2000 in Mumbai, Maharashtra, India. Engaging in brokerage & trading services within the financial and insurance service sector, it holds CIN: U74999MH2000PTC129466. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹6.50 Cr and a paid-up capital of ₹5.57 Cr.

Formerly known as Afro-Asian Insurance Services (India) Private Limited. It upholds a compliant status. Employing 16 professional, Its leadership includes Rajesh Ramniklal Kapasi (Whole-Time Director), Avinash Anant Bagul (Director), Udai Rasiklal Patel (Director). Past directors included Rajesh Ramniklal Kapasi, Avinash Anant Bagul, Bhupendra Thakorbhai Patel. Its latest AGM occurred on 28 August 2025, with the balance sheet filed on 31 March 2025. It is based at 75, Bajaj Bhawan Nariman Point, Mumbai, Maharashtra, 400021.

Company Details

CIN/LLPIN
U74999MH2000PTC129466
Registration Number
129466
Incorporation Date
03 November 2000
Authorized Capital
₹6.50 Cr
Paid-Up Capital
₹5.57 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 6.50 Cr as on 11-01-2026
Paid Up Capital ₹ 5.57 Cr as on 11-01-2026
Company Age 25 Year, 3 Months
Last Filing with ROC 31 Mar 2025
Revenue Growth **** 5.59% (FY 2021)
Profit Growth **** 257.10% (FY 2021)
Ebitda **** 680.89% (FY 2021)
Net Worth 16.36% (FY 2021)
Total Assets -28.67% (FY 2021)

Comprehensive Company Insights

Explore comprehensive insights into Afro-Asian Insurance & Reinsurance Brokers (India) Private 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 Afro-Asian Insurance & Reinsurance Brokers (India) Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Rajesh Ramniklal Kapasi	Whole-Time Director	21 Jan 2004	Current
Avinash Anant Bagul	Director	06 Dec 2016	Current
Udai Rasiklal Patel	Director	18 May 2004	Current
Jay Bharat Thakker	Whole-Time Director	23 Dec 2014	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	30 Jun 2014	Past
Pramod Abcsdd	Additional Director	29 Sep 2017	Past
Pramod Abcsdd	Additional Director	30 Sep 2009	Past
Pramod Abcsdd	Director	09 Jul 2015	Past
Pramod Abcsdd	Additional Director	30 Sep 2016	Past
Pramod Abcsdd	Director	25 Oct 2011	Past

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Financial Performance of Afro-Asian Insurance & Reinsurance Brokers (India).

Afro-Asian Insurance & Reinsurance Brokers (India) Private Limited, for the financial year ended 2021, experienced modest growth in revenue, with a 5.59% increase. The company also saw a substantial improvement in profitability, with a 257.1% increase in profit. The company's net worth Soared by an impressive increase of 16.36%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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

********

5.59%

*******

Revenue from Operations

*******

6.73%

*******

Total Assets

*******

-28.67%

*******

Profit or Loss

*******

257.10%

*******

Net Worth

*******

16.36%

*******

EBITDA

*******

680.89%

*******

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What is the Ownership and Shareholding Structure of Afro-Asian Insurance & Reinsurance Brokers (India)?

In 2021, Afro-Asian Insurance & Reinsurance Brokers (India) 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 Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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How Many Employees Work at Afro-Asian Insurance & Reinsurance Brokers (India)?

Afro-Asian Insurance & Reinsurance Brokers (India) has a workforce of 16 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Afro-Asian Insurance & Reinsurance Brokers (India), 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 Afro-Asian Insurance & Reinsurance Brokers (India)'s trajectory.

Rating

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

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.

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Latest Updates, News, and FAQs on Afro-Asian Insurance & Reinsurance Brokers (India)

Recent Activity within the Organization

Annual General Meeting

The activity Afro-Asian Insurance & Reinsurance Brokers (India) Private Limited last Annual general meeting of members was held on 28 Aug 2025 as per latest MCA records. was completed.
28 Aug 2025
Balance Sheet

The activity Afro-Asian Insurance & Reinsurance Brokers (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.
31 Mar 2025
Director Appointment

Avinash Anant Bagul was appointed as a Director was appointed as a Director on 06 Dec 2016 & has been associated with this company since 9 years 2 months . was recorded as a recent event.
06 Dec 2016
Director Appointment

Jay Bharat Thakker was appointed as a Whole-time director was appointed as a Whole-time director on 23 Dec 2014 & has been associated with this company since 11 years 2 months . was recorded as a recent event.
23 Dec 2014
Director Appointment

The activity Udai Rasiklal Patel was appointed as a Director was appointed as a Director on 18 May 2004 & has been associated with this company since 21 years 9 months . was completed.
18 May 2004
Director Appointment

The activity Rajesh Ramniklal Kapasi was appointed as a Whole-time director was appointed as a Whole-time director on 21 Jan 2004 & has been associated with this company since 22 years 1 month . was completed.
21 Jan 2004

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Frequently Asked Questions

What is the CIN of Afro-Asian Insurance & Reinsurance Brokers (India) Private Limited?

The CIN of Afro-Asian Insurance & Reinsurance Brokers (India) Private Limited is U74999MH2000PTC129466.

Where is Afro-Asian Insurance & Reinsurance Brokers (India) Private Limited headquartered?

Afro-Asian Insurance & Reinsurance Brokers (India) Private Limited is headquartered at 75, Bajaj Bhawan Nariman Point, Mumbai, Maharashtra, 400021.

When was Afro-Asian Insurance & Reinsurance Brokers (India) Private Limited incorporated?

Afro-Asian Insurance & Reinsurance Brokers (India) Private Limited was incorporated on 03 November 2000.

Who are the current directors of Afro-Asian Insurance & Reinsurance Brokers (India) Private Limited?

The current directors of Afro-Asian Insurance & Reinsurance Brokers (India) Private Limited are

What is the primary industry of Afro-Asian Insurance & Reinsurance Brokers (India) Private Limited?

The primary industry of Afro-Asian Insurance & Reinsurance Brokers (India) Private Limited is Financial And Insurance Service.

Is Afro-Asian Insurance & Reinsurance Brokers (India) Private Limited a listed company?

Afro-Asian Insurance & Reinsurance Brokers (India) Private Limited is unlisted.

What is the capital structure of Afro-Asian Insurance & Reinsurance Brokers (India) Private Limited?

The authorized capital of Afro-Asian Insurance & Reinsurance Brokers (India) Private Limited is ₹6.50 Cr, and the paid-up capital is ₹5.57 Cr.

What is the compliance status of Afro-Asian Insurance & Reinsurance Brokers (India) Private Limited?

The compliance status of Afro-Asian Insurance & Reinsurance Brokers (India) Private Limited is Compliant.

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