Alliance Insurance Brokers Private Limited

Alliance Insurance Brokers Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN U67200MH2003PTC141621 Incorporated 06 August 2003 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company financial services
Data last updated
Revenue · FY 2025
₹182.57 Cr
▲ 12.00% YoY
EBITDA · FY 2025
Locked
In full report
Net profit · FY 2025
Locked
In full report
Authorised capital
₹12 Cr
Registered with MCA
Paid-up capital
₹11.37 Cr
Issued & subscribed
Open charges
None
Satisfied ₹15.6 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
458
Latest available

About Alliance Insurance Brokers Private Limited

Data last updated: 10 January 2026

Alliance Insurance Brokers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It specialises in insurance brokerage and advisory, a part of the broader financial services sector. Incorporated on 06 August 2003, the company has been in operation for over 23 years.

Registered with ROC Mumbai under CIN U67200MH2003PTC141621.

Capital: an authorised share capital of ₹12 Cr and a paid-up capital of ₹11.37 Cr. It is led by directors including Pranav Kanak Shah and Aatur Shashikant Thakkar.

Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 8Th Floor Gold Crest 10Th Road Juhu Vile Parle (West), Mumbai, Maharashtra, India – 400049.

As per the financials filed for FY 2025, the company reported a revenue of ₹182.57 Cr, a growth of 12% compared to the previous year.

The company has a workforce of approximately 458 employees as per the latest available data.

The company is associated with 3 brands - Aib Employee Benefits, Alliance Insurance, Elephant. As per MCA filings, the company has satisfied charges of ₹15.6 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website allianceinsurance.in.

Company Details of Alliance Insurance Brokers Private Limited
CIN U67200MH2003PTC141621
Registration Number 141621
Incorporation Date 06 August 2003
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    8Th Floor Gold Crest 10Th Road Juhu Vile Parle (West), Mumbai, Maharashtra, India – 400049
  • Industry
    Financial Services, Insurance Brokerage & Advisory
Company report
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Financials, compliance, directors, charges, ownership and filings for Alliance Insurance Brokers Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Alliance Insurance Brokers Private Limited

Alliance Insurance Brokers Private Limited operates multiple associated brands including AIB Employee Benefits, Alliance Insurance, and Elephant. These brands represent Alliance Insurance Brokers Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Provides an online portal for efficient employee benefits management. aibemployeebenefits.in
Alliance Insurance is engaged in providing insurance brokerage services. allianceinsurance.in
Online insurance comparison platform for corporate employees elephant.in

Competitors & Alternatives of Alliance Insurance Brokers Private Limited

Brands and companies operating in the same space as Alliance Insurance Brokers Private Limited include Accolade, Hinge Health, Policybazaar and 7 more.

Competitor Description Location Founded
Accolade Accolade Employee health benefits are facilitated via a cloud-based platform. Plymouth Meeting, United States, United States 2007
Hinge Health Hinge Health Virtual physical therapy and digital pain care solutions are provided. San Francisco, United States, United States 2015
Policybazaar Policybazaar Insurance plans are compared and purchased via an online marketplace. Gurugram, India, India 2008
Wellhub Wellhub Cloud-based wellness programs are offered for employee health and productivity. New York, United States, United States 2012
Sharecare Sharecare Health and wellness social network for employees is provided. Atlanta, United States, United States 2010
Spendesk Spendesk Provider of prepaid cards for financial benefits of employees Paris, France, France 2016
League League SaaS platform for managing employee health benefits is offered. Toronto, Canada, Canada 2014
Practo Practo Doctor appointments are booked and healthcare professionals are consulted online. Bengaluru, India, India 2008
InsuranceDekho InsuranceDekho Online insurance policies are compared and purchased through the platform. Gurugram, India, India 2016
PB Fintech PB Fintech Online platform for insurance and lending products is operated. Gurugram, India, India 2008

Business Activity of Alliance Insurance Brokers Private Limited

Alliance Insurance Brokers Private Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including life/non-life insurance and reinsurance activities.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
K Financial and insurance Service K3 Life/Non-life Insurance and Reinsurance activities Locked
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Business activity turnover details for Alliance Insurance Brokers Private Limited

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Auditor Details of Alliance Insurance Brokers Private Limited

Alliance Insurance Brokers Private Limited is audited by BSR & Co. LLP for the financial year 2024. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
BSR & Co. LLP Locked Locked Locked
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Complete auditor history for Alliance Insurance Brokers Private Limited

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Board of Directors of Alliance Insurance Brokers Private Limited

Alliance Insurance Brokers Private Limited is currently managed by 6 directors, with 5 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Pranav Kanak Shah Director 24 Apr 2013 13 Years 3 Months Current
Aatur Shashikant Thakkar Director 10 Dec 2004 21 Years 8 Months Current
Shashikant Vanmalidas Thakkar Director 06 Aug 2003 23 Years 0 Months Current
Salil Ranjan Das Director 30 Oct 2014 11 Years 9 Months Current
Sangeeta Bhagwatiprasad Modi Nominee Director 27 Oct 2015 10 Years 9 Months Current
Nilesh Bansilal Mehta Nominee Director 27 Oct 2015 10 Years 9 Months Current

Financials of Alliance Insurance Brokers Private Limited FY 2025 filings available

Alliance Insurance Brokers Private Limited reported revenue of ₹182.57 Cr (up 12.00% YoY) for FY 2025.

Revenue · FY 2025
₹182.57 Cr ▲ 12.00%
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Ten-year financial statements for Alliance Insurance Brokers Private Limited

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Ownership and Shareholding of Alliance Insurance Brokers Private Limited

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Shareholding and ownership data for Alliance Insurance Brokers Private Limited

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Charges & Borrowings of Alliance Insurance Brokers Private Limited

Open charges
₹0
Satisfied charges
₹15.6 Cr
Breakdown by lending institutions
Bank of Baroda₹11.50 Cr
Housing Development Finance Corporation Limited₹3.50 Cr
Others₹0.60 Cr
Latest charge details
DateLenderAmountStatus
11 Apr 2018 Others ₹60 Lakh Satisfied
24 Sep 2011 Bank of Baroda ₹9 Cr Satisfied
23 Apr 2009 Bank of Baroda ₹2.5 Cr Satisfied
24 Mar 2008 Housing Development Finance Corporation Limited ₹3.5 Cr Satisfied

Total charge records: 4 View all charges

Employees and EPFO Compliance at Alliance Insurance Brokers Private Limited

Alliance Insurance Brokers Private Limited has a workforce of 458 employees as of Oct 17, 2025.

Employee count
458
Active EPFO establishments
1
Employee growth
0.44%
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Employee and EPFO history for Alliance Insurance Brokers Private Limited

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GST Compliance of Alliance Insurance Brokers Private Limited

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GST registrations and filing compliance for Alliance Insurance Brokers Private Limited

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Credit Ratings, Litigation & Regulatory Alerts for Alliance Insurance Brokers Private Limited

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Credit ratings, litigation, and regulatory alerts for Alliance Insurance Brokers Private Limited

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MSME Payment Delays by Alliance Insurance Brokers Private Limited

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MSME payment history for Alliance Insurance Brokers Private Limited

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Subsidiaries & Group Companies of Alliance Insurance Brokers Private Limited

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Corporate group structure for Alliance Insurance Brokers Private Limited

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MCA Filings & Documents of Alliance Insurance Brokers Private Limited

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MCA filings and documents for Alliance Insurance Brokers Private Limited

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Recent Activity on Alliance Insurance Brokers Private Limited

Activity
30 Sep 2025
Alliance Insurance Brokers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Activity
31 Mar 2025
Alliance Insurance Brokers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
20 Apr 2022
A charge registered on 11 Apr 2018 via Charge ID 100194367 with Others was fully satisfied on 20 Apr 2022.
Directors
06 Sep 2019
Mr Rahul Chhaganlal Patel was appointed as a Company Secretary on 06 Sep 2019 & has been associated with this company since 6 years 11 months.
Charges
21 Dec 2018
A charge registered on 24 Sep 2011 via Charge ID 10316285 with Bank Of Baroda was fully satisfied on 21 Dec 2018.
Charges
11 Apr 2018
A charge with Others amounted to Rs. 0.60 Cr with Charge ID 100194367 was registered on 11 Apr 2018.

Recent News on Alliance Insurance Brokers Private Limited

Frequently Asked Questions about Alliance Insurance Brokers Private Limited

Alliance Insurance Brokers Private Limited is an active private limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 06 August 2003 (23+ years old) and is registered under CIN U67200MH2003PTC141621. The company has 458 employees.

Alliance Insurance Brokers Private Limited reported revenue of ₹182.57 Cr for FY 2025 (up 12.00% YoY).

The current directors of Alliance Insurance Brokers Private Limited are:

The primary industry of Alliance Insurance Brokers Private Limited is financial services. The company specifically operates in insurance brokerage and advisory. The company is currently active in this sector.

Alliance Insurance Brokers Private Limited can be reached at the registered office: 8Th Floor Gold Crest 10Th Road Juhu Vile Parle West, Mumbai, Maharashtra, India – 400049, or through the website allianceinsurance.in.

The authorised capital is ₹12 Cr, and the paid-up capital is ₹11.37 Cr.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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