About Astha Insurance Services Private Limited
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Astha Insurance Services Private Limited is a private limited company based in Kolkata, West Bengal, India, a subsidiary of Gtfs Multi Services Limited. It operates in the insurance brokerage and advisory segment of the financial services sector. It was incorporated on 18 December 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U66010WB2006PTC112178. Its GSTIN is 19AAGCA0474P1Z8 (West Bengal). The company holds 9 GST registrations, all of them active.
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹10.93 Cr. It was formerly known as Astha Insurance Services Limited. It is led by directors including Raja Shekar Venkata Narla and Sandip Das.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Room No.318 3rd Floor Kamalalaya Centre 156A Lenin Sarani, Kolkata, West Bengal, India – 700013.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.61 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹14.04 Lakh (net margin 0.8%) and EBITDA of ₹31.35 Lakh (EBITDA margin 1.9%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 23% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Astha Insurance. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website asthainsurance.com.
Company details
CIN history
Astha Insurance Services has one previous CIN (Corporate Identification Number): U66010WB2006PLC112178. The current CIN is U66010WB2006PTC112178, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U66010WB2006PTC112178 | Current |
| U66010WB2006PLC112178 | Previous |
Contact details
Astha Insurance Services Private Limited's registered office is in Kolkata, West Bengal. Its website is asthainsurance.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressRoom No.318 3rd Floor Kamalalaya Centre 156A Lenin Sarani, Kolkata, West Bengal, India – 700013
- IndustryFinancial Services, Insurance Brokerage & Advisory
To see the full contact details of Astha Insurance Services 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
Astha Insurance Services operates one associated brand: Astha Insurance. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Insurance corporate agency and risk advisory services in India. | asthainsurance.com |
Business activity
The main business activity of Astha Insurance Services is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Astha Insurance Services Private Limited, buy the company report.
Financials of Astha Insurance Services Private Limited
FY 2025 filings availableAstha Insurance Services Private Limited reported revenue of ₹16.61 Cr (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 3% growth in the latest year. EBITDA fell 76% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last 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 | ₹31.35 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹14.04 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.9% | ||||
| Net Profit Margin | 0.8% | ||||
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To see the full financial statements and ratios of Astha Insurance Services Private Limited, buy the company report.
Board of directors of Astha Insurance Services Private Limited
Astha Insurance Services has 5 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raja Shekar Venkata Narla | Director | 23 Dec 2021 | 4 Years 10 Months | Current |
| Sandip Das Also directs: GTFS Multi Services Limited, Jagaran Microfin Private Limited | Director | 28 Oct 2021 | 5 Years 0 Months | Current |
| Pallab Majumder Also directs: Panax Commosale Private Limited | Director | 01 Jul 2020 | 6 Years 4 Months | Current |
| Dipak Rudra Also directs: GTFS Multi Services Limited | Director | 01 Aug 2019 | 7 Years 3 Months | Current |
| Jaharlal Saha Also directs: GTFS Multi Services Limited | Director | 01 Aug 2019 | 7 Years 3 Months | Current |
Peer comparison
Astha Insurance Services 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 (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Way2wealth Insurance Brokers Private Limited | ₹18.2 Cr (FY 2024) | 41.0% | Bangalore, Karnataka, India | |||
| Securenow Insurance Broker Private Limited | ₹18.06 Cr (FY 2025) | 13.0% | New Delhi, Delhi, India | |||
| Astha Insurance Services Private Limitedthis company | ₹16.61 Cr (FY 2025) | ₹14.04 Lakh | 0.8% | 3.0% | 3 | Kolkata, West Bengal, India |
| First Policy Insurance Brokers Private Limited | ₹16.17 Cr (FY 2025) | 10.0% | Pune, Maharashtra, India | |||
| Peraj Insurance Brokers Private Limited | ₹15.99 Cr (FY 2025) | 23.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Astha Insurance Services Private Limited, buy the company report.
Auditor
Astha Insurance Services Private Limited is audited by Monojit Das & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Monojit Das & Co | FY 2023 | 315149E |
Shareholding
The shareholding of Astha Insurance Services Private Limited is on record for 5 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 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Astha Insurance Services Private Limited, buy the company report.
Legal cases
Astha Insurance Services Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Muzaffarpur, Bihar | Court case (Special Case (Electricity,Tirhut Area)) | Filed against the company by State of Bihar | Pending |
| District court, Chandigarh | Cheque dishonour complaint | Filed against the company by State Through Shop Inspector | Disposed |
To see the full case history of Astha Insurance Services Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Astha Insurance Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Astha Insurance Services Private Limited has a workforce of 3 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 3 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Astha Insurance Services Private Limited, buy the company report.
GST
Astha Insurance Services has 9 GST registrations: 9 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAGCA0474P1Z8 | West Bengal | Active | 15 Mar 2018 |
| 27AAGCA0474P1ZB | Maharashtra | Active | 16 May 2019 |
| 21AAGCA0474P1ZN | Odisha | Active | 18 May 2019 |
| 04AAGCA0474P1ZJ | Chandigarh | Active | 21 May 2019 |
To see the full GST registrations and return filing status of Astha Insurance Services Private Limited, buy the company report.
Recent activity
Astha Insurance Services Private Limited has 20 board changes on record since 2017: 6 appointments and 14 cessations. The latest: Sandip Das ceased to be Additional Director on 26 Sep 2022.
11 earlier events are in the company report.
Frequently asked questions
Astha Insurance Services is an active private limited company based in Kolkata, West Bengal, India. The company works in insurance brokerage and advisory, within the financial services industry. It was incorporated on 18 December 2006 (20+ years old) and is registered under CIN U66010WB2006PTC112178.
Astha Insurance Services has 5 current directors:
- Raja Shekar Venkata Narla - Director
- Sandip Das - Director
- Pallab Majumder - Director
- Dipak Rudra - Director
- Jaharlal Saha - Director
The latest financial statements of Astha Insurance Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Astha Insurance Services is 19AAGCA0474P1Z8, registered in West Bengal. The company has 9 GST registrations in all, of which 9 are active. Other active GSTINs include 27AAGCA0474P1ZB (Maharashtra), 21AAGCA0474P1ZN (Odisha), 04AAGCA0474P1ZJ (Chandigarh).
The CIN (Corporate Identification Number) of Astha Insurance Services is U66010WB2006PTC112178. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Astha Insurance Services has 2 court cases on record: 2 filed against it. 1 is pending.
Astha Insurance Services was incorporated on 18 December 2006, making it 20+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Astha Insurance Services by revenue are Way2wealth Insurance Brokers Private Limited, Securenow Insurance Broker Private Limited, First Policy Insurance Brokers Private Limited, Peraj Insurance Brokers Private Limited, all in the BFSI industry (Insurance Broking Firms), with the same principal business activity (financial advisory, brokerage and consultancy services).
Sandip Das ceased to be Additional Director on 26 Sep 2022. Raja Shekar Venkata Narla was appointed as Director on 23 Dec 2021. Sandip Das was appointed as Director on 28 Oct 2021. Astha Insurance Services has 20 board changes on record in total.
Astha Insurance Services can be reached through the website asthainsurance.com. Its registered office is in Kolkata, West Bengal, India.
The registered office of Astha Insurance Services is at Room No.318 3rd Floor Kamalalaya Centre 156A Lenin Sarani, Kolkata, West Bengal, India – 700013.
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