About Insurance Solutions Private Limited
Data last updated:
Insurance Solutions Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the management consultancy segment of the business services sector. It was incorporated on 07 January 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U66010PN2004PTC018751.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mandar Eknath Kotnis and Nikhil Govind Soman.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 37 Kranti Societysahakar Nagar No 2, Pune, Maharashtra, India – 411009.
As per the financials filed for FY 2023, the company reported a revenue of ₹28,450, a growth of 2% compared to the previous year. For the same year it recorded a net loss of ₹6,800 (net margin -23.9%) and EBITDA of -₹6,800 (EBITDA margin -23.9%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years and 14% over five years.
The company is associated with 1 brand: L&T General Insurance Company Limited. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website insurancesolutions.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address37 Kranti Societysahakar Nagar No 2, Pune, Maharashtra, India – 411009
- IndustryBusiness Services, Management Consultancy
- 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
- One PDF report, delivered after checkout
Business Activity of Insurance Solutions Private Limited
The main business activity of Insurance Solutions is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Insurance Solutions Private Limited FY 2023 filings available
Insurance Solutions Private Limited reported revenue of ₹28,450 (up 2% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Insurance Solutions Private Limited
Revenue rose 2% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 14%. EBITDA fell 2% 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 of Insurance Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹6,800 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6,800 | •••• | •••• | •••• | •••• |
| 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 of Insurance Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -23.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -23.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Insurance Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Insurance Solutions Private Limited
Insurance Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Management consultancy activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shyam Solutions Private Limited | ₹29,000 (FY 2017) | •••• | •••• | 1060.0% | •••• | Mumbai, Maharashtra, India |
| Growth Vincom Private Limited | ₹29,000 (FY 2016) | •••• | •••• | -9.0% | •••• | Kolkata, West Bengal, India |
| John Galt Ventures Private Limited | ₹28,927 (FY 2019) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Enercon Consultancy and Engineering Private Ltd | ₹28,795 (FY 2021) | •••• | •••• | -96.0% | •••• | Chennai, Tamil Nadu, India |
| Sandhya-Prakash Retirement Solution Private Limited | ₹28,500 (FY 2022) | •••• | •••• | -59.0% | •••• | Solapur, Maharashtra, India |
| Insurance Solutions Private Limited this company | ₹28,450 (FY 2023) | •••• | •••• | 2.0% | •••• | Pune, Maharashtra, India |
| Strongconnections India Private Limited | ₹28,300 (FY 2019) | •••• | •••• | -38.0% | •••• | New Delhi, Delhi, India |
| Osiris Garments Private Limited | ₹28,300 (FY 2025) | •••• | •••• | 67.0% | •••• | New Delhi, Delhi, India |
| Newple Consulting Private Limited | ₹28,200 (FY 2025) | •••• | •••• | -96.0% | •••• | New Delhi, Delhi, India |
| Kadambary Advisory Private Limited | ₹28,200 (FY 2025) | •••• | •••• | 13.0% | •••• | Mumbai, Maharashtra, India |
| Unique BPO Services Private Limited | ₹28,105 (FY 2018) | •••• | •••• | -97.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Insurance Solutions by revenue in the same principal business activity (Management consultancy activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Insurance Solutions Private Limited
Insurance Solutions Private Limited is audited by A.A.MEHENDALE & CO. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A.A.MEHENDALE & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Insurance Solutions Private Limited
Insurance Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mandar Eknath Kotnis | Director | 07 Jan 2004 | 22 Years 9 Months | Current |
| Nikhil Govind Soman | Director | 01 Jan 2020 | 6 Years 9 Months | Current |
Ownership and Shareholding of Insurance Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Insurance Solutions Private Limited
Insurance Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Insurance Solutions Private Limited
Insurance Solutions Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Arbitration matter | Filed against the company by an individual | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Insurance Solutions Private Limited
Insurance Solutions operates one associated brand: L&T General Insurance Company Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| General insurance is provided to individuals, SMEs, and corporates. | ltinsurance.com |
Employees and EPFO Compliance at Insurance Solutions Private Limited
Employment history and EPFO contributions of people linked to Insurance Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Insurance Solutions Private Limited
Insurance Solutions Private Limited has 4 board changes on record since 2004: 3 appointments and 1 cessation. The latest: Nikhil Govind Soman was appointed as Director on 01 Jan 2020.
Credit Ratings, Litigation & Regulatory Alerts for Insurance Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Insurance Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Insurance Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Insurance Solutions Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Insurance Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Insurance Solutions Private Limited
Insurance Solutions is an active private limited company based in Pune, Maharashtra, India. The company works in management consultancy, within the business services industry. It was incorporated on 07 January 2004 (22+ years old) and is registered under CIN U66010PN2004PTC018751.
Insurance Solutions reported revenue of ₹28,450 for FY 2023 (up 2% YoY).
Insurance Solutions has 2 current directors:
- Mandar Eknath Kotnis - Director
- Nikhil Govind Soman - Director
Insurance Solutions reported a net loss of ₹6,800 (net margin -23.9%) and EBITDA of -₹6,800 (EBITDA margin -23.9%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Insurance Solutions is -25% over three years and -14% over five years. In the latest year (FY 2023) revenue rose 2%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Insurance Solutions is U66010PN2004PTC018751. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Insurance Solutions has 1 court case on record: 1 filed against it.
Insurance Solutions was incorporated on 07 January 2004, making it 22+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Insurance Solutions by revenue are Shyam Solutions Private Limited, Growth Vincom Private Limited, John Galt Ventures Private Limited, Enercon Consultancy and Engineering Private Ltd, Sandhya-Prakash Retirement Solution Private Limited and 5 more, all in the same principal business activity (Management consultancy activities).
Nikhil Govind Soman was appointed as Director on 01 Jan 2020. Eknath Haripant Kotnis ceased to be Director on 30 Sep 2019. Eknath Haripant Kotnis was appointed as Director on 07 Jan 2004. Insurance Solutions has 4 board changes on record in total.
Insurance Solutions can be reached through the website insurancesolutions.co.in. Its registered office is in Pune, Maharashtra, India.