Convoy Insurance Broking Private Limited - Company Profile

It is a financial services private limited company based in Mumbai, Maharashtra, India, established in 1999.
1999 Mumbai, Maharashtra, India Active
Last Updated:
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About Convoy Insurance Broking Private Limited

Convoy Insurance Broking Private Limited, a active private limited company, was established on 26 October 1999 in Mumbai, Maharashtra, India. Engaging in insurance brokerage & advisory within the financial and insurance service sector, it holds CIN: U65999MH1999PTC122384. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Its leadership includes Dev Ashok Karvat (Director), Bhavi Dev Karvat (Director). Past directors included Parag Chandulal Mehta, Ashok Prataprai Karvat. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 26, Madhu Industrial Estate,1St Floor, Plot Cs-445 Pandurang Budhkar Marg, Near Century Mil, L, Mumbai, Maharashtra, 400013.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U65999MH1999PTC122384

  • Registration Number

    122384

  • Incorporation Date

    26 October 1999

  • Authorized Capital

    ₹5.00 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 26 Year, 4 Months
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth **** -16.66%
  • Profit Growth **** -39.03%
  • Ebitda **** 26.65%
  • Net Worth 1.57%
  • Total Assets **** 2.76%
Company report

Convoy Insurance Broking Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Convoy Insurance Broking 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 Convoy Insurance Broking Private Limited?
Current Directors
Name Designation Appointment Date Status
Dev Ashok Karvat Director 23 Oct 2020 Current
Bhavi Dev Karvat Director 15 Oct 2007 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 01 Nov 2007 Past
Pramod Abcsdd Director 23 Oct 2020 Past

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Financial Performance of Convoy Insurance Broking.

Karvat Insurance Services Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 16.66% decrease. The company also saw a substantial fall in profitability, with a 39.03% decrease in profit. The company's net worth moved up by a moderate rise of 1.57%.

Convoy Insurance Broking revenue growth over time
Convoy Insurance Broking profit and loss trends over time
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
  • 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
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 -16.66%
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*******
*******
Revenue from Operations
*******
*******
*******
*******
*******
*******
Total Assets
*******
 2.76%
*******
*******
*******
*******
Profit or Loss
*******
 -39.03%
*******
*******
*******
*******
Net Worth
*******
 1.57%
*******
*******
*******
*******
EBITDA
*******
 26.65%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Convoy Insurance Broking?

In 2021, Convoy Insurance Broking 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)
shareholding
  • 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 Convoy Insurance Broking?

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

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Convoy Insurance Broking, 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 Convoy Insurance Broking'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
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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 Convoy Insurance Broking
Recent Activity within the Organization
  • Annual General Meeting

    The activity Convoy Insurance Broking Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Convoy Insurance Broking Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.

  • Director Appointment

    The activity Dev Ashok Karvat was appointed as a Director was appointed as a Director on 23 Oct 2020 & has been associated with this company since 5 years 4 months . was completed.

  • Director Appointment

    The activity Bhavi Dev Karvat was appointed as a Director was appointed as a Director on 15 Oct 2007 & has been associated with this company since 18 years 4 months . was completed.

  • Company Incorporation

    Progress on Convoy Insurance Broking Private Limited was registered on 26 Oct 1999 with Roc Mumbai & aged 26 years 4 months as per MCA records. was documented.

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Frequently Asked Questions
What is the CIN of Convoy Insurance Broking Private Limited?

The CIN of Convoy Insurance Broking Private Limited is U65999MH1999PTC122384.

Where is Convoy Insurance Broking Private Limited headquartered?

Convoy Insurance Broking Private Limited is headquartered at 26, Madhu Industrial Estate,1St Floor, Plot Cs-445 Pandurang Budhkar Marg, Near Century Mil, L, Mumbai, Maharashtra, 400013.

When was Convoy Insurance Broking Private Limited incorporated?

Convoy Insurance Broking Private Limited was incorporated on 26 October 1999.

Who are the current directors of Convoy Insurance Broking Private Limited?

The current directors of Convoy Insurance Broking Private Limited are

What is the primary industry of Convoy Insurance Broking Private Limited?

The primary industry of Convoy Insurance Broking Private Limited is Financial And Insurance Service.

Is Convoy Insurance Broking Private Limited a listed company?

Convoy Insurance Broking Private Limited is unlisted.

What is the capital structure of Convoy Insurance Broking Private Limited?

The authorized capital of Convoy Insurance Broking Private Limited is ₹5.00 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Convoy Insurance Broking Private Limited?

The compliance status of Convoy Insurance Broking Private Limited is Compliant.

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