Fairwealth Insurance Broking Private Limited - Company Profile

It is a financial services private limited company based in Gurgaon, Haryana, India, established in 1998.

1998 Gurgaon, Haryana, India Active

Last Updated: February 19, 2026

About Fairwealth Insurance Broking Private Limited

Fairwealth Insurance Broking Private Limited, a active private limited company, was established on 14 May 1998 in Gurgaon, Haryana, India. Engaging in insurance brokerage & advisory within the financial services sector, it holds CIN: U66030HR1998PTC056553. Registered under ROC Roc Haryana. it is unlisted. It has an authorized capital of ₹7.50 M and a paid-up capital of ₹5.00 M.

Formerly known as Fair Financial Services Private Limited. It upholds a compliant status. Its leadership includes Deepak Chhabra (Director), Ankur Gandhi (Additional Director), Tauqeer Ahmad (Additional Director). Past directors included Kapila Mahendroo, Ankur Gandhi, Achal Kumar. It holds ₹0.40 M open charges and no settled loans. Its latest AGM occurred on 29 September 2018, with the balance sheet filed on 31 March 2018. It is based at 651-652 Udyog Vihar, Phase-V, Gurgaon, Haryana, 122016.

Company Details

CIN/LLPIN
U66030HR1998PTC056553
Registration Number
056553
Incorporation Date
14 May 1998
Authorized Capital
₹7.50 M
Paid-Up Capital
₹5.00 M
ROC Code
Roc Haryana
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 7.50 M as on 19-02-2026
Paid Up Capital ₹ 5.00 M as on 19-02-2026
Company Age 27 Year, 9 Months
Last Filing with ROC 31 Mar 2018
Open Charges ₹ 0.40 M as on 19-02-2026
Revenue Growth **** 101.68% (FY 2018)
Profit Growth **** 100.45% (FY 2018)
Ebitda **** 100.85% (FY 2018)
Net Worth 0.32% (FY 2018)
Total Assets **** 146.02% (FY 2018)

Comprehensive Company Insights

Explore comprehensive insights into Fairwealth 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 Fairwealth Insurance Broking Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Deepak Chhabra	Director	05 May 2024	Current
Ankur Gandhi	Additional Director	10 May 2019	Current
Tauqeer Ahmad	Additional Director	05 Nov 2024	Current
Shitla Prasad Shukla	Director	23 Jun 2017	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	04 Apr 2013	Past
Pramod Abcsdd	Additional Director	23 Sep 2019	Past
Pramod Abcsdd	Additional Director	23 Jun 2017	Past
Pramod Abcsdd	Additional Director	23 Oct 2010	Past
Pramod Abcsdd	Additional Director	29 Sep 2012	Past
Pramod Abcsdd	Director	10 May 2019	Past

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Financial Performance of Fairwealth Insurance Broking.

Fairwealth Insurance Broking Private Limited, for the financial year ended 2018, experienced significant growth in revenue, with a 101.68% increase. The company also saw a substantial improvement in profitability, with a 100.45% increase in profit. The company's net worth moved up by a moderate rise of 0.32%.

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

********

101.68%

*******

Revenue from Operations

*******

101.61%

*******

Total Assets

*******

146.02%

*******

Profit or Loss

*******

100.45%

*******

Net Worth

*******

0.32%

*******

EBITDA

*******

100.85%

*******

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

In 2018, Fairwealth Insurance Broking had a promoter holding of 45.90% and a public holding of 54.10%. 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

₹400,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

Oriental Bank Of Commerce : 0.04 Cr

Latest Charge Details

Date	Lender	Amount	Status
25 Aug 1999	Oriental Bank Of Commerce	₹0.20 M	Open
23 Feb 1999	Oriental Bank Of Commerce	₹0.20 M	Open

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How Many Employees Work at Fairwealth Insurance Broking?

Unlock and access historical data on people associated with Fairwealth 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

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Fairwealth 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 Fairwealth Insurance Broking'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 Fairwealth Insurance Broking

Recent Activity within the Organization

Director Appointment

Tauqeer Ahmad was appointed as a Additional Director was appointed as a Additional Director on 05 Nov 2024 & has been associated with this company since 1 year 4 months . was recorded as a recent event.
05 Nov 2024
Director Appointment

Deepak Chhabra was appointed as a Director was appointed as a Director on 05 May 2024 & has been associated with this company since 1 year 10 months . was recorded as a recent event.
05 May 2024
Director Appointment

The activity Ankur Gandhi was appointed as a Additional Director was appointed as a Additional Director on 10 May 2019 & has been associated with this company since 6 years 9 months . was completed.
10 May 2019
Annual General Meeting

The activity Fairwealth Insurance Broking Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records. was completed.
29 Sep 2018
Balance Sheet

The activity Fairwealth Insurance Broking Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Haryana. was completed.
31 Mar 2018
Director Appointment

The activity Shitla Prasad Shukla was appointed as a Director was appointed as a Director on 23 Jun 2017 & has been associated with this company since 8 years 8 months . was completed.
23 Jun 2017

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Frequently Asked Questions

What is the CIN of Fairwealth Insurance Broking Private Limited?

The CIN of Fairwealth Insurance Broking Private Limited is U66030HR1998PTC056553.

Where is Fairwealth Insurance Broking Private Limited headquartered?

Fairwealth Insurance Broking Private Limited is headquartered at 651-652 Udyog Vihar, Phase-V, Gurgaon, Haryana, 122016.

When was Fairwealth Insurance Broking Private Limited incorporated?

Fairwealth Insurance Broking Private Limited was incorporated on 14 May 1998.

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

The current directors of Fairwealth Insurance Broking Private Limited are

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

The primary industry of Fairwealth Insurance Broking Private Limited is Financial Services.

Is Fairwealth Insurance Broking Private Limited a listed company?

Fairwealth Insurance Broking Private Limited is unlisted.

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

The authorized capital of Fairwealth Insurance Broking Private Limited is ₹7.50 M, and the paid-up capital is ₹5.00 M.

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

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

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