About Insurance Assist India Private Limited
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Insurance Assist India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Global Insurance Services Brokers Private Limited. It operates in the insurance brokerage and advisory segment of the financial services sector. It was incorporated on 09 January 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U66010MH2001PTC130355. Its GSTIN is 27AAACI8809C2ZO (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹7.52 Cr. It is led by directors including Puja Pratik Parekh and Pratik Bhaskar Parekh.
Its last annual general meeting (AGM) was held on 29 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gresham Assurance House4Th Floor Sir Phirozshah Mehta Road, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.08 Cr. For the same year it recorded a net loss of ₹37.26 Lakh (net margin -3.7%) and EBITDA of -₹5.21 Cr (EBITDA margin -51.7%).
As per MCA filings, the company has open charges of ₹7.75 Cr and satisfied charges of ₹14.33 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website globalinsurance.co.in.
Company details
Contact details
Insurance Assist India Private Limited's registered office is in Mumbai, Maharashtra. Its website is globalinsurance.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGresham Assurance House4Th Floor Sir Phirozshah Mehta Road, Mumbai, Maharashtra, India – 400001
- IndustryFinancial Services, Insurance Brokerage & Advisory
To see the full contact details of Insurance Assist India 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
Business activity
The main business activity of Insurance Assist India is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding |
To see the full business activity and turnover split of Insurance Assist India Private Limited, buy the company report.
Financials of Insurance Assist India Private Limited
FY 2025 filings availableInsurance Assist India Private Limited reported revenue of ₹10.08 Cr for FY 2025.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹5.21 Cr | ||||
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| Net Profit (PAT) | -₹37.26 Lakh | ||||
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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 | -51.7% | ||||
| Net Profit Margin | -3.7% | ||||
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To see the full financial statements and ratios of Insurance Assist India Private Limited, buy the company report.
Board of directors of Insurance Assist India Private Limited
Insurance Assist India has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Puja Pratik Parekh Also directs: Global Health Services LLP, India Asyst Private Limited, Global Services (C & F ) Private Limited and 5 more | Director | 07 Aug 2024 | 2 Years 3 Months | Current |
| Pratik Bhaskar Parekh Also directs: India Asyst Private Limited, Global Insurance Services (Brokers) Private Limited, Fleming Shaw Insurance Brokers LLP and 2 more | Director | 15 Apr 2019 | 7 Years 6 Months | Current |
| Prabodh Bhagwandas Thakker Also directs: Global Health Services LLP, India Asyst Private Limited, Global Services (C & F ) Private Limited and 5 more | Director | 07 Aug 2024 | 2 Years 3 Months | Current |
Auditor
Insurance Assist India Private Limited is audited by Vishal Modi And Co for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vishal Modi And Co | FY 2025 | 122262W |
Shareholding
The shareholding of Insurance Assist India Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Insurance Assist India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Dec 2025 | 101191207 | Others | ₹7.75 Cr | Open | |
| 15 Sep 2023 | 100792837 | Others | ₹14.33 Cr | Satisfied |
To see the full charge records of Insurance Assist India Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Insurance Assist India Private Limited has 2 court cases on record: 2 filed by Insurance Assist India. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Court case (COMP.APPL) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Insurance Assist India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Insurance Assist India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Insurance Assist India has 1 associated company. This group structure data is as of FY 2025. The table lists each entity with its relationship and holding.
GST
Insurance Assist India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACI8809C2ZO | Maharashtra | Active | 19 Jun 2023 |
To see the full GST registrations and return filing status of Insurance Assist India Private Limited, buy the company report.
Recent activity
Insurance Assist India Private Limited has 15 board changes on record since 2010: 4 appointments and 11 cessations. The latest: Kanan Chetan Sheth ceased to be Additional Director on 29 Sep 2024.
9 earlier events are in the company report.
News
Frequently asked questions
Insurance Assist India 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 09 January 2001 (25+ years old) and is registered under CIN U66010MH2001PTC130355.
Insurance Assist India has 3 current directors:
- Puja Pratik Parekh - Director
- Pratik Bhaskar Parekh - Director
- Prabodh Bhagwandas Thakker - Director
The latest financial statements of Insurance Assist India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Insurance Assist India is 27AAACI8809C2ZO, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Insurance Assist India is U66010MH2001PTC130355. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Insurance Assist India has 2 court cases on record: 2 filed by the company.
Insurance Assist India was incorporated on 09 January 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.
Kanan Chetan Sheth ceased to be Additional Director on 29 Sep 2024. Puja Pratik Parekh ceased to be Additional Director on 29 Sep 2024. Prabodh Bhagwandas Thakker was appointed as Director on 07 Aug 2024. Insurance Assist India has 15 board changes on record in total.
Insurance Assist India can be reached through the website globalinsurance.co.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Insurance Assist India is at Gresham Assurance House4Th Floor Sir Phirozshah Mehta Road, Mumbai, Maharashtra, India – 400001.
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