Eqaro Surety Private Limited - Company Profile

Q: Who are the current directors of Eqaro Surety Private Limited?

The current directors of Eqaro Surety Private Limited are Vikas Balia, Vikash Khandelwal, Alok Perti, Pankaj Bhansali.

It is a internet private limited company based in Mumbai, Maharashtra, India, established in 2019.

2019 Mumbai, Maharashtra, India Active

Last Updated: January 04, 2026

About Eqaro Surety Private Limited

Eqaro Surety Private Limited, a active private limited company, was established on 08 November 2019 in Mumbai, Maharashtra, India. Engaging in online financial services within the financial and insurance service sector, it holds CIN: U93090MH2019PTC332789. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹18.50 Cr and a paid-up capital of ₹9.44 Cr.

Employing 35 professional, Its leadership includes Vikas Balia (Director), Vikash Khandelwal (Director), Alok Perti (Director). Past directors included Vikas Balia, Vikash Khandelwal, Alok Perti. Its latest AGM occurred on 29 September 2025, with the balance sheet filed on 31 March 2025. It is based at 204, Hubtown Solaris, Ns Phadke Marg,, Andheri East, Mumbai, Mumbai, Maharashtra, 400069.

Company Details

CIN/LLPIN
U93090MH2019PTC332789
Registration Number
332789
Incorporation Date
08 November 2019
Authorized Capital
₹18.50 Cr
Paid-Up Capital
₹9.44 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 18.50 Cr as on 04-01-2026
Paid Up Capital ₹ 9.44 Cr as on 04-01-2026
Company Age 6 Year, 3 Months
Last Filing with ROC 31 Mar 2025
Revenue Growth **** 278.60% (FY 2023)
Profit Growth **** -139.41% (FY 2023)
Ebitda **** -132.32% (FY 2023)
Net Worth 1572.21% (FY 2023)
Total Assets **** 169.45% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Eqaro Surety 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 Eqaro Surety Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Vikas Balia	Director	12 Oct 2020	Current
Vikash Khandelwal	Director	03 Sep 2020	Current
Alok Perti	Director	27 Nov 2020	Current
Pankaj Bhansali	Director	08 Nov 2019	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	22 Sep 2021	Past
Pramod Abcsdd	Additional Director	28 Dec 2020	Past
Pramod Abcsdd	Director	27 Jun 2022	Past
Pramod Abcsdd	Director	27 Dec 2020	Past
Pramod Abcsdd	Additional Director	28 Dec 2020	Past
Pramod Abcsdd	Director	03 Sep 2020	Past

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Financial Performance of Eqaro Surety.

Eqaro Surety Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 278.6% increase. The company also saw a substantial fall in profitability, with a 139.41% decrease in profit. The company's net worth Soared by an impressive increase of 1572.21%.

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

********

278.60%

*******

Revenue from Operations

*******

263.21%

*******

Total Assets

*******

169.45%

*******

Profit or Loss

*******

-139.41%

*******

Net Worth

*******

1572.21%

*******

EBITDA

*******

-132.32%

*******

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What is the Ownership and Shareholding Structure of Eqaro Surety?

In 2023, Eqaro Surety had a promoter holding of 77.59% and a public holding of 22.41%. 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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How Many Employees Work at Eqaro Surety?

Unlock and access historical data on people associated with Eqaro Surety, 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

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Eqaro Surety, 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 Eqaro Surety's trajectory.

Rating

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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 Eqaro Surety

Recent Activity within the Organization

Annual General Meeting

Eqaro Surety Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records. was recorded as a recent event.
29 Sep 2025
Balance Sheet

Progress on Eqaro Surety Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was documented.
31 Mar 2025
Director Appointment

Progress on Alok Perti was appointed as a Director was appointed as a Director on 27 Nov 2020 & has been associated with this company since 5 years 3 months . was documented.
27 Nov 2020
Director Appointment

The activity Vikas Balia was appointed as a Director was appointed as a Director on 12 Oct 2020 & has been associated with this company since 5 years 4 months . was completed.
12 Oct 2020
Director Appointment

Vikash Khandelwal was appointed as a Director was appointed as a Director on 03 Sep 2020 & has been associated with this company since 5 years 5 months . was recorded as a recent event.
03 Sep 2020
Director Appointment

Pankaj Bhansali was appointed as a Director was appointed as a Director on 08 Nov 2019 & has been associated with this company since 6 years 3 months . was recorded as a recent event.
08 Nov 2019

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