Alliance Insurance Brokers Private Limited - Company Profile

It is a financial services private limited company based in Mumbai, Maharashtra, India, established in 2003.

2003 Mumbai, Maharashtra, India Active

Last Updated: January 10, 2026

About Alliance Insurance Brokers Private Limited

Alliance Insurance Brokers Private Limited, a active private limited company, was established on 06 August 2003 in Mumbai, Maharashtra, India. Engaging in insurance brokerage & advisory within the financial and insurance service sector, it holds CIN: U67200MH2003PTC141621. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹12.00 Cr and a paid-up capital of ₹11.37 Cr.

It upholds a compliant status. Employing 458 professional, Its leadership includes Pranav Kanak Shah (Director), Aatur Shashikant Thakkar (Director), Shashikant Vanmalidas Thakkar (Director). Past directors included Pranav Kanak Shah, Omprakash Ghurka, Salil Ranjan Das. It holds no open charges and ₹15.60 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 8Th Floor, Gold Crest, 10Th Road, Juhu, Vile Parle (West),, Mumbai, Maharashtra, 400049.

Company Details

CIN/LLPIN
U67200MH2003PTC141621
Registration Number
141621
Incorporation Date
06 August 2003
Authorized Capital
₹12.00 Cr
Paid-Up Capital
₹11.37 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 12.00 Cr as on 10-01-2026
Paid Up Capital ₹ 11.37 Cr as on 10-01-2026
Company Age 22 Year, 6 Months
Last Filing with ROC 31 Mar 2025
Satisfied Charges ₹ 15.60 Cr as on 10-01-2026
Revenue Growth **** 13.54% (FY 2024)
Profit Growth **** 2.19% (FY 2024)
Ebitda **** 0.99% (FY 2024)
Net Worth 21.15% (FY 2024)
Total Assets **** 19.00% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Alliance Insurance Brokers 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 Alliance Insurance Brokers Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Pranav Kanak Shah	Director	24 Apr 2013	Current
Aatur Shashikant Thakkar	Director	10 Dec 2004	Current
Shashikant Vanmalidas Thakkar	Director	06 Aug 2003	Current
Salil Ranjan Das	Director	30 Oct 2014	Current
Sangeeta Bhagwatiprasad Modi	Nominee Director	27 Oct 2015	Current
Nilesh Bansilal Mehta	Nominee Director	27 Oct 2015	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	27 Sep 2013	Past
Pramod Abcsdd	Director	20 Jun 2012	Past
Pramod Abcsdd	Additional Director	30 Sep 2015	Past
Pramod Abcsdd	Director	01 Jun 2014	Past
Pramod Abcsdd	Additional Director	30 Sep 2015	Past

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Financial Performance of Alliance Insurance Brokers.

Alliance Insurance Brokers Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 13.54% increase. The company also saw a slight improvement in profitability, with a 2.19% increase in profit. The company's net worth Soared by an impressive increase of 21.15%.

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

********

13.54%

*******

Revenue from Operations

*******

12.78%

*******

Total Assets

*******

19.00%

*******

Profit or Loss

*******

2.19%

*******

Net Worth

*******

21.15%

*******

EBITDA

*******

0.99%

*******

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What is the Ownership and Shareholding Structure of Alliance Insurance Brokers?

In 2024, Alliance Insurance Brokers had a promoter holding of 78.59% and a public holding of 21.41%. 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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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹156,000,000.00

Charges 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

Date	Lender	Amount	Status
11 Apr 2018	Others	₹6.00 M	Satisfied
24 Sep 2011	Bank Of Baroda	₹9.00 Cr	Satisfied
23 Apr 2009	Bank Of Baroda	₹2.50 Cr	Satisfied
24 Mar 2008	Housing Development Finance Corporation Limited	₹3.50 Cr	Satisfied

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How Many Employees Work at Alliance Insurance Brokers?

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

Recent Activity within the Organization

Annual General Meeting

Alliance Insurance Brokers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.
30 Sep 2025
Balance Sheet

Alliance Insurance Brokers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was recorded as a recent event.
31 Mar 2025
Charges

A charge registered on 11 Apr 2018 via Charge ID 100194367 with Others was fully satisfied on 20 Apr 2022. was recorded as a recent event.
20 Apr 2022
Director Appointment

Mr Rahul Chhaganlal Patel was appointed as a Company Secretary was appointed as a Company Secretary on 06 Sep 2019 & has been associated with this company since 6 years 5 months . was recorded as a recent event.
06 Sep 2019
Charges

A charge registered on 24 Sep 2011 via Charge ID 10316285 with Bank Of Baroda was fully satisfied on 21 Dec 2018. was recorded as a recent event.
21 Dec 2018
Charges

The activity A charge with Others amounted to Rs. 0.60 Cr with Charge ID 100194367 was registered on 11 Apr 2018. was completed.
11 Apr 2018

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