Insurance Brokers Association Of India - Company Profile

It is a financial services public not for profit company based in Mumbai, Maharashtra, India, established in 2001.

2001 Mumbai, Maharashtra, India Active

Last Updated: December 24, 2025

About Insurance Brokers Association Of India

Insurance Brokers Association Of India, a active public not for profit company, was established on 25 July 2001 in Mumbai, Maharashtra, India. Engaging in insurance brokerage & advisory within the support service to organizations sector, it holds CIN: U67120MH2001NPL132860. Registered under ROC Roc Mumbai. it is unlisted.

It upholds a compliant status. Its leadership includes Venkatesh Naidu Gali Perumal Naidu (Director), Rashmi Ravi Iyer (Director), Ciby Varghese (Director). Past directors included Ajay Kumar Bansal, Sathyamoorthy Sunder Raman, Krishan Kumar. It holds ₹2.00 Cr open charges and no settled loans. Its latest AGM occurred on 19 September 2025, with the balance sheet filed on 31 March 2025. It is based at Mahalaxmi Industrial Estate,Unit No. 319, Plot 175, D.S. Barretto Road, Lower Parel, Mumbai, Maharashtra, 400013.

Company Details

CIN/LLPIN
U67120MH2001NPL132860
Registration Number
132860
Incorporation Date
25 July 2001
Paid-Up Capital
₹0.90 M
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Paid Up Capital ₹ 0.90 M as on 24-12-2025
Company Age 24 Year, 7 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 2.00 Cr as on 24-12-2025
Revenue Growth **** 9.83% (FY 2023)
Profit Growth **** 59.14% (FY 2023)
Ebitda **** 63.95% (FY 2023)
Net Worth 3.38% (FY 2023)
Total Assets **** 3.41% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Insurance Brokers Association Of India — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report

Who are the key members and board of directors at Insurance Brokers Association Of India?

Current Directors

Name	Designation	Appointment Date	Status
Venkatesh Naidu Gali Perumal Naidu	Director	23 Sep 2023	Current
Rashmi Ravi Iyer	Director	24 Sep 2020	Current
Ciby Varghese	Director	24 Sep 2019	Current
Nirmal Bazaz	Director	23 Sep 2023	Current
Ashok Kumar Jain	Director	18 Sep 2018	Current
Mohan Sriraman	Director	24 Sep 2020	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	24 Sep 2020	Past
Pramod Abcsdd	Nominee Director	08 Sep 2017	Past
Pramod Abcsdd	Director	17 Sep 2016	Past
Pramod Abcsdd	Nominee Director	-	Past
Pramod Abcsdd	Additional Director	08 Sep 2017	Past
Pramod Abcsdd	Director	24 Apr 2007	Past

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Financial Performance of Insurance Brokers Association Of India.

Insurance Brokers Association Of India, for the financial year ended 2023, experienced modest growth in revenue, with a 9.83% increase. The company also saw a substantial improvement in profitability, with a 59.14% increase in profit. The company's net worth moved up by a moderate rise of 3.38%.

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

********

9.83%

*******

Revenue from Operations

*******

15.82%

*******

Total Assets

*******

3.41%

*******

Profit or Loss

*******

59.14%

*******

Net Worth

*******

3.38%

*******

EBITDA

*******

63.95%

*******

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What is the Ownership and Shareholding Structure of Insurance Brokers Association Of India?

Unlock access to Insurance Brokers Association Of India's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

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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Charges (Loans)

Open Charges

₹20,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

Others : 2.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
12 Jun 2024	Others	₹2.00 Cr	Open

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How Many Employees Work at Insurance Brokers Association Of India?

Unlock and access historical data on people associated with Insurance Brokers Association Of India, 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 Insurance Brokers Association Of India, 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 Insurance Brokers Association Of India's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

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 Insurance Brokers Association Of India

Recent Activity within the Organization

Annual General Meeting

Insurance Brokers Association Of India last Annual general meeting of members was held on 19 Sep 2025 as per latest MCA records. was recorded as a recent event.
19 Sep 2025
Director Appointment

Kishan Lal Agrawal was appointed as a Director was appointed as a Director on 19 Sep 2025 & has been associated with this company since 5 months 10 days . was recorded as a recent event.
19 Sep 2025
Director Appointment

Progress on Hitesh Kantilal Lakhani was appointed as a Director was appointed as a Director on 19 Sep 2025 & has been associated with this company since 5 months 10 days . was documented.
19 Sep 2025
Director Appointment

Progress on Sameer Samdani was appointed as a Director was appointed as a Director on 19 Sep 2025 & has been associated with this company since 5 months 10 days . was documented.
19 Sep 2025
Director Appointment

The activity Sanjeet Kumar Rampal Rustagi was appointed as a Director was appointed as a Director on 19 Sep 2025 & has been associated with this company since 5 months 10 days . was completed.
19 Sep 2025
Balance Sheet

The activity Insurance Brokers Association Of India has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.
31 Mar 2025

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