MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0042684
Globesecure Insurance Brokers Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2026
₹4.05 Cr
▼ 53% YoY
Net loss · FY 2026
₹63.41 Lakh
Net margin -15.6%
EBITDA · FY 2026
-₹7.13 Lakh
EBITDA margin -1.8%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹5 Cr
Issued & subscribed
Open charges
₹12 Lakh
Satisfied ₹5.67 Cr
Company age
23 yrs
Est. 2003
Directors on board
4
As per MCA filings
About Globesecure Insurance Brokers Private Limited
Data last updated:
Globesecure Insurance Brokers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the insurance brokerage and advisory segment of the financial services sector. It was incorporated on 27 January 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67200MH2003PTC138850. Its GSTIN is 27AAECA0984E1ZT (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It was formerly known as Ashwini Insurance Consultants and Brokers Private Limited and Advent Insurance Brokers Private Limited. It is led by directors including Ansuya Sunil Avasthi and Hemant Tarachand Panpalia.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 302 Peninsulabusinesspark, Mumbai, Maharashtra.
As per the financials filed for FY 2026, the company reported a revenue of ₹4.05 Cr, a decline of 53% compared to the previous year. For the same year it recorded a net loss of ₹63.41 Lakh (net margin -15.6%) and EBITDA of -₹7.13 Lakh (EBITDA margin -1.8%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years and 13% over five years.
The company is associated with 1 brand: GlobeSecure. As per MCA filings, the company has open charges of ₹12 Lakh and satisfied charges of ₹5.67 Cr on record. The company has 2 deals on record (2 secondary share transfers); the latest was in September 2008.
Globesecure Insurance Brokers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0042684). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website globesecure.co.in.
Company details
CIN U67200MH2003PTC138850
Registration Number 138850
Incorporation Date 27 January 2003
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0042684
Name history
Globesecure Insurance Brokers has undergone 4 name changes throughout its history. The current legal name is Globesecure Insurance Brokers Private Limited.
| Company Name | Status |
|---|---|
| Globesecure Insurance Brokers Private Limited | Current |
| Ashwini Insurance Consultants And Brokers Private Limited | Previous |
| Advent Insurance Brokers Private Limited | Previous |
| Indianivesh Insurance Brokers Private Limited | Previous |
Recognitions & Rankings of Globesecure Insurance Brokers
Contact details
Globesecure Insurance Brokers Private Limited's registered office is in Mumbai, Maharashtra. Its website is globesecure.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressTowera Unitno.302 Peninsulabusinessparksenapatibapatmarg Lowerparel – (West, ), Mumbai, Maharashtra, India – 400013
- IndustryFinancial Services, Insurance Brokerage & Advisory
To see the full contact details of Globesecure Insurance Brokers Private Limited, buy the company report.
Comprehensive company report
Globesecure 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
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Brands
Globesecure Insurance Brokers operates one associated brand: GlobeSecure. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Insurance broking services for corporates, SMEs, MSMEs, and individuals in India. | globesecure.co.in |
Business activity
The main business activity of Globesecure Insurance Brokers is financial and insurance activities. In detail, this covers insurance, reinsurance and pension funding, except compulsory social security.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 65 | Insurance, reinsurance and pension funding, except compulsory social security |
To see the full business activity and turnover split of Globesecure Insurance Brokers Private Limited, buy the company report.
Financials of Globesecure Insurance Brokers Private Limited
FY 2026 filings availableGlobesecure Insurance Brokers Private Limited reported revenue of ₹4.05 Cr (down 53% YoY) for FY 2026.
Revenue · FY 2026
₹4.05 Cr ▼ 53%
Net loss · FY 2026
₹63.41 Lakh margin -15.6%
EBITDA · FY 2026
-₹7.13 Lakh margin -1.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 53%
3 years · compounded
▼ 25%
5 years · compounded
▼ 13%
EBITDA CAGR growth
1 year
▼ 104%
5 years · compounded
▼ 15%
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 53% fall in the latest year. EBITDA fell 104% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4.05 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹7.13 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹63.41 Lakh | ||||
| 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.8% | ||||
| Net Profit Margin | -15.6% | ||||
| 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 Globesecure Insurance Brokers Private Limited, buy the company report.
Board of directors of Globesecure Insurance Brokers Private Limited
Globesecure Insurance Brokers has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ansuya Sunil Avasthi | Director | 27 Jan 2003 | 23 Years 9 Months | Current |
| Hemant Tarachand Panpalia Also directs: Kanakkrishna Advisory Services LLP, Bhaumik Real Estates Private Limited, Blu Emerald Real Estates Private Limited and 3 more | Director | 27 Jan 2003 | 23 Years 9 Months | Current |
| Kapil Rathi | Director | 01 Jan 2004 | 22 Years 10 Months | Current |
| Shyam Sawna | Additional Director | 19 Jun 2025 | 1 Years 4 Months | Current |
Auditor
Globesecure Insurance Brokers Private Limited is audited by Pramod & Associates for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Pramod & Associates | FY 2026 | 001557C |
Shareholding
The shareholding of Globesecure Insurance Brokers Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Globesecure Insurance Brokers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹12 Lakh
Satisfied charges
₹5.67 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Dec 2024 | 101028404 | Others | ₹12 Lakh | Open | |
| 24 Aug 2021 | 100479407 | Others | ₹43.01 Lakh | Satisfied | |
| 29 Nov 2017 | 100156770 | Others | ₹13.93 Lakh | Satisfied | |
| 25 Mar 2013 | 10415832 | Others | ₹5.1 Cr | Satisfied |
To see the full charge records of Globesecure Insurance Brokers Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Globesecure Insurance Brokers Private Limited has 2 deals on record (2 secondary share transfers); the latest was in September 2008.
Total deals
2
Secondary share transfers
2
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2008 | Secondary share transfer | Undisclosed | Buyer: Indianivesh Commodities Private Limited Seller: Integral Finvest Private Limited |
| Sep 2006 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Globesecure Insurance Brokers Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Globesecure Insurance Brokers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Globesecure Insurance Brokers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECA0984E1ZT | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Globesecure Insurance Brokers Private Limited, buy the company report.
Recent activity
Globesecure Insurance Brokers Private Limited has 7 board changes on record since 2003: 5 appointments and 2 cessations. The latest: Shyam Sawna was appointed as Additional Director on 19 Jun 2025.
Filing
Globesecure Insurance Brokers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
AGM
Globesecure Insurance Brokers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Shyam Sawna was appointed as Additional Director.
Charges
A charge registered on 24 Aug 2021 via Charge ID 100479407 with Others was fully satisfied on 21 Apr 2025.
Ceased
Sumit Shantilal Bohra ceased to be Whole-Time Director.
Charges
A charge with Others amounted to Rs. 0.12 Cr with Charge ID 101028404 was registered on 23 Dec 2024.
Charges
A charge registered on 29 Nov 2017 via Charge ID 100156770 with Others was fully satisfied on 25 Nov 2022.
Charges
A charge registered on 25 Mar 2013 via Charge ID 10415832 with Others was fully satisfied on 06 Aug 2022.
Charges
A charge with Others amounted to Rs. 0.43 Cr with Charge ID 100479407 was registered on 24 Aug 2021.
Ceased
Rajesh Nuwal ceased to be Director.
Charges
A charge with Others of Rs. 5.10 Cr registered on 25 Mar 2013 with Charge ID 10415832 was modified on 11 Oct 2018.
Charges
A charge with Others amounted to Rs. 0.14 Cr with Charge ID 100156770 was registered on 29 Nov 2017.
6 earlier events are in the company report.
News
Frequently asked questions
Globesecure 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 27 January 2003 (23+ years old) and is registered under CIN U67200MH2003PTC138850.
Globesecure Insurance Brokers has 4 current directors:
- Ansuya Sunil Avasthi - Director
- Hemant Tarachand Panpalia - Director
- Kapil Rathi - Director
- Shyam Sawna - Additional Director
The latest financial statements of Globesecure Insurance Brokers on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Globesecure Insurance Brokers is 27AAECA0984E1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of Globesecure Insurance Brokers is U67200MH2003PTC138850. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Globesecure Insurance Brokers was incorporated on 27 January 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
Globesecure Insurance Brokers has 2 deals on record (2 secondary share transfers); the latest was in September 2008.
Shyam Sawna was appointed as Additional Director on 19 Jun 2025. Sumit Shantilal Bohra ceased to be Whole-Time Director on 31 Mar 2025. Rajesh Nuwal ceased to be Director on 28 Feb 2020. Globesecure Insurance Brokers has 7 board changes on record in total.
Yes, Globesecure Insurance Brokers is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0042684).
Globesecure Insurance Brokers can be reached through the website globesecure.co.in. Its registered office is in Mumbai, Maharashtra, India.
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