Gallagher Insurance Brokers Private Limited

Gallagher Insurance Brokers Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U72200MH2000PTC124096 Incorporated 08 February 2000 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company financial services
Data last updated
Revenue · FY 2025
₹92.79 Cr
▲ 112% YoY
Net loss · FY 2025
₹36.47 Cr
Net margin -39.3%
EBITDA · FY 2025
-₹27.01 Cr
EBITDA margin -29.1%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹8.07 Cr
Issued & subscribed
Open charges
₹1 Lakh
Secured borrowings
Company age
26 yrs
Est. 2000
Directors on board
3
As per MCA filings

About Gallagher Insurance Brokers Private Limited

Data last updated:

Gallagher Insurance Brokers Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Arthur J. Gallagher & Co.. It operates in the insurance brokerage and advisory segment of the financial services sector. It was incorporated on 08 February 2000 and has been in existence for over 26 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2000PTC124096. Its GSTIN is 27AAACI7196J1Z4 (Maharashtra). The company holds 12 GST registrations, of which 9 are active.

The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹8.07 Cr. It was formerly known as Edelweiss Gallagher Insurance Brokers Limited and Gallagher Insurance Brokers Limited. It is led by directors including Vinod Krishnan Narayanan (Whole-Time Director) and Matthew William Joseph Pike.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹92.79 Cr, a growth of 112% compared to the previous year. For the same year it recorded a net loss of ₹36.47 Cr (net margin -39.3%) and EBITDA of -₹27.01 Cr (EBITDA margin -29.1%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 13% over five years.

The company is associated with 2 brands: Gallagher Insurance Brokers and Arthur J. Gallagher & Co.. As per MCA filings, the company has open charges of ₹1 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending. The company has 8 deals on record (3 funding rounds, 3 secondary share transfers, 2 rights issues), with disclosed funding of ₹72.83 Cr; the latest was in December 2023. The company has 6 MSME Form 1 returns on record between 2019 and 2023, listing 13 overdue payments to 4 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ajg.com.

Company details

CIN U72200MH2000PTC124096
Registration Number 124096
Incorporation Date 08 February 2000
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Arthur J. Gallagher & Co.
Compliance Status Active Compliant

Name history

Gallagher Insurance Brokers has undergone 3 name changes throughout its history. The company was previously known as Edelweiss Gallagher Insurance Brokers Limited, Gallagher Insurance Brokers Limited, and Edelweiss Insurance Brokers Limited. The current legal name is Gallagher Insurance Brokers Private Limited.

Company NameStatus
Gallagher Insurance Brokers Private LimitedCurrent
Edelweiss Gallagher Insurance Brokers LimitedPrevious
Gallagher Insurance Brokers LimitedPrevious
Edelweiss Insurance Brokers LimitedPrevious

CIN history

Gallagher Insurance Brokers has one previous CIN (Corporate Identification Number): U72200MH2000PLC124096. The current CIN is U72200MH2000PTC124096, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U72200MH2000PTC124096Current
U72200MH2000PLC124096Previous

Contact details

Gallagher Insurance Brokers Private Limited's registered office is in Mumbai, Maharashtra. Its website is ajg.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Registered Address
    Smartworks Coworking Location Times Square Building, 11th Floor Tower C Andheri – Kurla Rd Chimatpada Marol Andheri East, Mumbai, Maharashtra, India – 400059
  • Industry
    Financial Services, Insurance Brokerage & Advisory

To see the full contact details of Gallagher Insurance Brokers Private Limited, buy the company report.

Comprehensive company report
Gallagher Insurance Brokers Private Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Gallagher Insurance Brokers operates two associated brands: Gallagher Insurance Brokers and Arthur J. Gallagher & Co.. Each brand links to its own profile.

BrandDescriptionWebsite
Insurance brokerage services are offered by Gallagher in India.bluebox.com
Diversified insurance brokerage and risk management services are offered worldwide.ajg.com

Business activity

The main business activity of Gallagher Insurance Brokers is financial and insurance service. In detail, this covers other financial activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities

To see the full business activity and turnover split of Gallagher Insurance Brokers Private Limited, buy the company report.

Financials of Gallagher Insurance Brokers Private Limited

FY 2025 filings available

Gallagher Insurance Brokers Private Limited reported revenue of ₹92.79 Cr (up 112% YoY) for FY 2025.

Revenue · FY 2025
₹92.79 Cr ▲ 112%
Net loss · FY 2025
₹36.47 Cr margin -39.3%
EBITDA · FY 2025
-₹27.01 Cr margin -29.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 112%
3 years · compounded
▼ 1%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 63%
3 years · compounded
▼ 49%
5 years · compounded
▼ 31%

Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 112% growth in the latest year. EBITDA rose 63% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹27.01 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹36.47 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-29.1%
Net Profit Margin-39.3%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Gallagher Insurance Brokers Private Limited, buy the company report.

Board of directors of Gallagher Insurance Brokers Private Limited

Gallagher Insurance Brokers has 3 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vinod Krishnan NarayananWhole-Time Director29 Sep 20233 Years 1 MonthsCurrent
Ajit Singh HorraAdditional Director04 Apr 20251 Years 7 MonthsCurrent
Matthew William Joseph PikeDirector18 Oct 20215 Years 0 MonthsCurrent

Auditor

Gallagher Insurance Brokers Private Limited is audited by S. R. Batliboi & Co. LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
S. R. Batliboi & Co. LLPFY 2023301003E

Shareholding

The shareholding of Gallagher Insurance Brokers 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Gallagher Insurance Brokers Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1 Lakh
Satisfied charges
None
Breakdown by lending institutions
State Bank of India₹0.01 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
18 Nov 2025101194751State Bank of India₹1 LakhOpen

Total charge records: 1 View all charges

Deals & funding

Gallagher Insurance Brokers Private Limited has 8 deals on record (3 funding rounds, 3 secondary share transfers, 2 rights issues), with disclosed funding of ₹72.83 Cr; the latest was in December 2023.

Total deals
8
Funding rounds
3
Secondary share transfers
3
Rights issues
2
Disclosed funding
₹72.83 Cr

Deals on record (5 of 8)

WhenDealAmountParties
Oct 2021Secondary share transferUndisclosedBuyer: Arthur J. Gallagher & Co.
Seller: Edelweiss Financial Services Limited
May 2016Rights issue₹1.81 CrInvestors: Edelweiss Financial Services Limited
Nov 2015Secondary share transferUndisclosedBuyer: Edelweiss Financial Services Limited
Seller: 2 individuals
Mar 2014Secondary share transferUndisclosedBuyer: Edelweiss Financial Services Limited
Seller: 2 individuals
Mar 2006Funding round₹69.5 LakhInvestors: Edelweiss Financial Services Limited , 2 individuals

To see the full deal history of Gallagher Insurance Brokers Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Gallagher Insurance Brokers Private Limited has 6 MSME Form 1 returns on record between 2019 and 2023, listing 13 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (4 of 4)

SupplierAmount dueDue sinceReported on
Aparajitha Corporate Services Private Limited
an individual supplier
Carzonrent (India) Private Limited
Pci Pest Control Private Limited

To see the full MSME payment records of Gallagher Insurance Brokers Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Gallagher Insurance Brokers has 12 GST registrations: 9 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
12
Active
9
Cancelled / inactive
3
GSTINStateStatusRegistered on
27AAACI7196J1Z4MaharashtraActive01 Jul 2017
19AAACI7196J1Z1West BengalActive21 Jul 2017
18AAACI7196J1Z3AssamActive22 Apr 2018
33AAACI7196J2ZATamil NaduActive19 Jul 2021

To see the full GST registrations and return filing status of Gallagher Insurance Brokers Private Limited, buy the company report.

Recent activity

Gallagher Insurance Brokers Private Limited has 23 board changes on record since 2009: 3 appointments and 20 cessations. The latest: Ajit Singh Horra was appointed as Additional Director on 04 Apr 2025.

Charges
A charge with State Bank Of India amounted to Rs. 0.01 Cr with Charge ID 101194751 was registered on 18 Nov 2025.
AGM
Gallagher Insurance Brokers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Ajit Singh Horra was appointed as Additional Director.
Filing
Gallagher Insurance Brokers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Vinod Krishnan Narayanan was appointed as Whole-Time Director.
Ceased
Vinod Krishnan Narayanan ceased to be Additional Director.
Ceased
Ananya Suneja ceased to be Additional Director.
Ceased
Amer Abdul Haleem ceased to be Additional Director.
Ceased
Richard Duncan Heath ceased to be Additional Director.
Ceased
Varun Bajpai ceased to be Director.
Appointed
Matthew William Joseph Pike was appointed as Director.
Ceased
Matthew William Joseph Pike ceased to be Additional Director.

15 earlier events are in the company report.

Frequently asked questions

Gallagher Insurance Brokers is an active private limited company based in Mumbai, Maharashtra, India. The company works in insurance brokerage and advisory, within the financial services industry. It was incorporated on 08 February 2000 (26+ years old) and is registered under CIN U72200MH2000PTC124096.

Gallagher Insurance Brokers has 3 current directors:

The latest financial statements of Gallagher Insurance Brokers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Gallagher Insurance Brokers is 27AAACI7196J1Z4, registered in Maharashtra. The company has 12 GST registrations in all, of which 9 are active and 3 are cancelled or inactive. Other active GSTINs include 19AAACI7196J1Z1 (West Bengal), 18AAACI7196J1Z3 (Assam), 33AAACI7196J2ZA (Tamil Nadu).

The CIN (Corporate Identification Number) of Gallagher Insurance Brokers is U72200MH2000PTC124096. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Gallagher Insurance Brokers has 2 court cases on record: 2 filed against it. 1 is pending.

Gallagher Insurance Brokers was incorporated on 08 February 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.

Gallagher Insurance Brokers has 8 deals on record (3 funding rounds, 3 secondary share transfers, 2 rights issues), with disclosed funding of ₹72.83 Cr; the latest was in December 2023.

Ajit Singh Horra was appointed as Additional Director on 04 Apr 2025. Vinod Krishnan Narayanan was appointed as Whole-Time Director on 29 Sep 2023. Vinod Krishnan Narayanan ceased to be Additional Director on 29 Sep 2023. Gallagher Insurance Brokers has 23 board changes on record in total.

Gallagher Insurance Brokers has 6 MSME Form 1 returns on record between 2019 and 2023, listing 13 overdue payments to 4 micro and small suppliers. The latest return was filed on 30 Aug 2023.

Gallagher Insurance Brokers can be reached through the website ajg.com. Its registered office is in Mumbai, Maharashtra, India.