About Instabima Insurance Web Aggregator Private Limited
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Instabima Insurance Web Aggregator Private Limited is a private limited company based in Koramangala, Karnataka, India. It operates in the insurance brokerage and advisory segment of the financial services sector. It was incorporated on 22 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U66000KA2016PTC095896. Its GSTIN is 29AAECI2266D1ZO (Karnataka).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹37 Lakh. It is led by directors including Rajesh Rajnikant Parikh and Shekhar Palai.
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 Indiqube – Zip Plot No. 8 7th A Main 3rd Block, Koramangala, Karnataka, India – 560034.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.37 Lakh, a decline of 5% compared to the previous year. For the same year it recorded a net loss of ₹17,764 (net margin -0.9%) and EBITDA of ₹2.19 Lakh (EBITDA margin 11.3%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 21% over five years.
The company is associated with 1 brand: Instabima.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website instabima.com.
Company details
Contact details
Instabima Insurance Web Aggregator Private Limited's registered office is in Koramangala, Karnataka. Its website is instabima.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressIndiqube – Zip Plot No. 8 7th A Main 3rd Block, Koramangala, Karnataka, India – 560034
- IndustryFinancial Services, Insurance Brokerage & Advisory
To see the full contact details of Instabima Insurance Web Aggregator Private Limited, buy the company report.
- 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
Brands
Instabima Insurance Web Aggregator operates one associated brand: Instabima. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Serves as an online platform for comparing insurance options for individuals. | instabima.com |
Business activity
The main business activity of Instabima Insurance Web Aggregator is financial and insurance service. In detail, this covers life/non-life insurance and reinsurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K3 | Life/Non-life Insurance and Reinsurance activities |
To see the full business activity and turnover split of Instabima Insurance Web Aggregator Private Limited, buy the company report.
Financials of Instabima Insurance Web Aggregator Private Limited
FY 2025 filings availableInstabima Insurance Web Aggregator Private Limited reported revenue of ₹19.37 Lakh (down 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 21%. EBITDA rose 64% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.19 Lakh | ||||
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| Net Profit (PAT) | -₹17,764 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 11.3% | ||||
| Net Profit Margin | -0.9% | ||||
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To see the full financial statements and ratios of Instabima Insurance Web Aggregator Private Limited, buy the company report.
Board of directors of Instabima Insurance Web Aggregator Private Limited
Instabima Insurance Web Aggregator has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Rajnikant Parikh Also directs: Cynepia Technologies Private Limited | Director | 29 Sep 2018 | 8 Years 0 Months | Current |
| Shekhar Palai Also directs: Covrzy Technologies Private Limited | Director | 22 Aug 2016 | 10 Years 2 Months | Current |
| Rishi Brata Das | Director | 22 Aug 2016 | 10 Years 2 Months | Current |
Auditor
Instabima Insurance Web Aggregator Private Limited is audited by BSJ & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BSJ & Associates | FY 2017 | 010560S |
Shareholding
The shareholding of Instabima Insurance Web Aggregator Private Limited is on record for FY 2017, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Instabima Insurance Web Aggregator Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Instabima Insurance Web Aggregator 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 Instabima Insurance Web Aggregator Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Instabima Insurance Web Aggregator has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECI2266D1ZO | Karnataka | Active | 21 Nov 2017 |
To see the full GST registrations and return filing status of Instabima Insurance Web Aggregator Private Limited, buy the company report.
Recent activity
Instabima Insurance Web Aggregator Private Limited has 5 board changes on record since 2016: 3 appointments and 2 cessations. The latest: Jasmine Kaur Chandhok ceased to be Director on 28 Feb 2019.
Frequently asked questions
Instabima Insurance Web Aggregator is an active private limited company based in Koramangala, Karnataka, India. The company works in insurance brokerage and advisory, within the financial services industry. It was incorporated on 22 August 2016 (10+ years old) and is registered under CIN U66000KA2016PTC095896.
Instabima Insurance Web Aggregator has 3 current directors:
- Rajesh Rajnikant Parikh - Director
- Shekhar Palai - Director
- Rishi Brata Das - Director
The latest financial statements of Instabima Insurance Web Aggregator 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 FY 2017 are in the company report.
The GSTIN of Instabima Insurance Web Aggregator is 29AAECI2266D1ZO, registered in Karnataka.
The CIN (Corporate Identification Number) of Instabima Insurance Web Aggregator is U66000KA2016PTC095896. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Instabima Insurance Web Aggregator was incorporated on 22 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Jasmine Kaur Chandhok ceased to be Director on 28 Feb 2019. Kapil Mehta ceased to be Director on 15 Feb 2019. Rajesh Rajnikant Parikh was appointed as Director on 29 Sep 2018. Instabima Insurance Web Aggregator has 5 board changes on record in total.
Instabima Insurance Web Aggregator can be reached through the website instabima.com. Its registered office is in Koramangala, Karnataka, India.
The registered office of Instabima Insurance Web Aggregator is at Indiqube – Zip Plot No. 8 7th A Main 3rd Block, Koramangala, Karnataka, India – 560034.
Instabima Insurance Web Aggregator operates in the financial services industry, in the insurance brokerage and advisory segment.