Hitech Insurance Broking Services Limited - Company Profile

It is a financial services public limited company based in Mumbai, Maharashtra, India, established in 2008.

2008 Mumbai, Maharashtra, India Amalgamated

Last Updated: July 27, 2025

About Hitech Insurance Broking Services Limited

Hitech Insurance Broking Services Limited, a amalgamated public limited company, was established on 29 April 2008 in Mumbai, Maharashtra, India. Engaging in insurance brokerage & advisory within the financial and insurance service sector, it holds CIN: U66000MH2008PLC181725. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹9.00 M.

Formerly known as Rangudyan Insurance Broking Services Private Limited, Rangudyan Insurance Broking Services Limited. It upholds a compliant status. Its leadership includes Vijay Thyagarajan (Director), Gowri Mani (Director), Tharamangalam Arunachalam Lakshminarayanan (Director). Past directors included Ketankumar Pansukhlal Sarda, Ashok Kumar Goyal, Bhupendra P Dusara. Its latest AGM occurred on 31 August 2024, with the balance sheet filed on 31 March 2024. It is based at Badheka Chambers, 1/1308, Fort Division, Road 31, Manohardas Street, Fort, Mumbai, Maharashtra, 400001.

Company Details

CIN/LLPIN
U66000MH2008PLC181725
Registration Number
181725
Incorporation Date
29 April 2008
Authorized Capital
₹1.00 Cr
Paid-Up Capital
₹9.00 M
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Amalgamated

Key Metrics

Authorised Capital ₹ 1.00 Cr as on 27-07-2025
Paid Up Capital ₹ 9.00 M as on 27-07-2025
Company Age 17 Year, 9 Months
Last Filing with ROC 31 Mar 2024
Revenue Growth **** 0.28% (FY 2022)
Profit Growth **** -11.22% (FY 2022)
Ebitda **** -5.48% (FY 2022)
Net Worth 15.56% (FY 2022)
Total Assets **** 14.39% (FY 2022)

Comprehensive Company Insights

Explore comprehensive insights into Hitech Insurance Broking Services 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 Hitech Insurance Broking Services Limited?

Current Directors

Name	Designation	Appointment Date	Status
Vijay Thyagarajan	Director	18 Dec 2023	Current
Gowri Mani	Director	18 Dec 2023	Current
Tharamangalam Arunachalam Lakshminarayanan	Director	18 Dec 2023	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	29 Sep 2021	Past
Pramod Abcsdd	Director	18 May 2012	Past
Pramod Abcsdd	Additional Director	11 Sep 2012	Past
Pramod Abcsdd	Director	08 Jun 2017	Past
Pramod Abcsdd	Director	08 Jun 2017	Past
Pramod Abcsdd	Additional Director	26 Sep 2017	Past

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Financial Performance of Hitech Insurance Broking Services.

Hitech Insurance Broking Services Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 0.28% increase. The company also saw a substantial fall in profitability, with a 11.22% decrease in profit. The company's net worth Soared by an impressive increase of 15.56%.

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

********

0.28%

*******

Revenue from Operations

*******

-0.70%

*******

Total Assets

*******

14.39%

*******

Profit or Loss

*******

-11.22%

*******

Net Worth

*******

15.56%

*******

EBITDA

*******

-5.48%

*******

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What is the Ownership and Shareholding Structure of Hitech Insurance Broking Services?

In 2021, Hitech Insurance Broking Services 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)

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 Hitech Insurance Broking Services?

Unlock and access historical data on people associated with Hitech Insurance Broking Services, 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 Hitech Insurance Broking Services, 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 Hitech Insurance Broking Services'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 Hitech Insurance Broking Services

Recent Activity within the Organization

Annual General Meeting

Hitech Insurance Broking Services Limited last Annual general meeting of members was held on 31 Aug 2024 as per latest MCA records. was recorded as a recent event.
31 Aug 2024
Balance Sheet

Hitech Insurance Broking Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was recorded as a recent event.
31 Mar 2024
Director Appointment

Vijay Thyagarajan was appointed as a Director was appointed as a Director on 18 Dec 2023 & has been associated with this company since 2 years 2 months . was recorded as a recent event.
18 Dec 2023
Director Appointment

Gowri Mani was appointed as a Director was appointed as a Director on 18 Dec 2023 & has been associated with this company since 2 years 2 months . was recorded as a recent event.
18 Dec 2023
Director Appointment

Progress on Tharamangalam Arunachalam Lakshminarayanan was appointed as a Director was appointed as a Director on 18 Dec 2023 & has been associated with this company since 2 years 2 months . was documented.
18 Dec 2023
Director Appointment

Progress on Ramasamyraja Suriyanarayanan was appointed as a CEO was appointed as a CEO on 19 Sep 2018 & has been associated with this company since 7 years 5 months . was documented.
19 Sep 2018

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