About Irm Insurance Brokers Private Limited
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Irm Insurance Brokers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the insurance brokerage and advisory segment of the financial services sector. It was incorporated on 04 November 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U66000MH2013PTC249784. Its GSTIN is 27AADCI3816L1ZE (Maharashtra). The company holds 7 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Ajay Kumar Mittal and Leena Rajesh Sadar.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹39.15 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹7.75 Cr (net margin 19.8%) and EBITDA of ₹11.83 Cr (EBITDA margin 30.2%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 18% over five years.
The company has about 30 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.44 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website irminsurance.in.
Company details
Contact details
Irm Insurance Brokers Private Limited's registered office is in Mumbai, Maharashtra. Its website is irminsurance.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No 905 C Wing 9th Floor Trade World Kamla Mills Compound Senapati Bapatmarg, Lowerparel, Mumbai, Maharashtra, India – 400013
- IndustryFinancial Services, Insurance Brokerage & Advisory
To see the full contact details of Irm Insurance Brokers 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 Irm Insurance Brokers is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Irm Insurance Brokers Private Limited, buy the company report.
Financials of Irm Insurance Brokers Private Limited
FY 2025 filings availableIrm Insurance Brokers Private Limited reported revenue of ₹39.15 Cr (up 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 25% growth in the latest year. EBITDA rose 33% 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 | ₹11.83 Cr | ||||
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| Net Profit (PAT) | ₹7.75 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 30.2% | ||||
| Net Profit Margin | 19.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Irm Insurance Brokers Private Limited, buy the company report.
Board of directors of Irm Insurance Brokers Private Limited
Irm Insurance Brokers has 6 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thomas Ramakrishnan Balan | Additional Director | 20 Nov 2013 | 12 Years 11 Months | Current |
| Rafik Samasher Mullani | Additional Director | 16 Feb 2018 | 8 Years 8 Months | Current |
| Ajay Kumar Mittal | Director | 31 Oct 2017 | 9 Years 0 Months | Current |
| Leena Rajesh Sadar | Director | 04 Nov 2013 | 13 Years 0 Months | Current |
| Rajesh Vithalrao Sadar | Director | 19 Jan 2016 | 10 Years 9 Months | Current |
| Chandan Shankerlal Bhartia | Director | 04 Nov 2013 | 13 Years 0 Months | Current |
Peer comparison
Irm Insurance Brokers Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Insurance Broking Firms), with the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aditya Birla Money Insurance Advisory Services Limited | ₹42.43 Cr (FY 2024) | 91.0% | Veraval, Gujarat, India | |||
| Shrinithi Insurance Broking Private Limited | ₹41.19 Cr (FY 2025) | 155.0% | Chennai, Tamil Nadu, India | |||
| Elitegeneral Insurance Brokers Private Limited | ₹39.83 Cr (FY 2024) | 752.0% | Nagpur, Maharashtra, India | |||
| Irm Insurance Brokers Private Limitedthis company | ₹39.15 Cr (FY 2025) | ₹7.75 Cr | 19.8% | 25.0% | 30 | Mumbai, Maharashtra, India |
| Sridhar Insurance Broker Private Limited | ₹37.18 Cr (FY 2025) | -18.0% | Chandigarh, India |
To see the full peer comparison of Irm Insurance Brokers Private Limited, buy the company report.
Auditor
Irm Insurance Brokers Private Limited is audited by RVA & ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RVA & ASSOCIATES LLP | FY 2023 | 115003W |
Shareholding
The shareholding of Irm Insurance Brokers Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Irm Insurance Brokers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Sep 2025 | 101183574 | Others | ₹60 Lakh | Open | |
| 27 Sep 2023 | 100804394 | Others | ₹1.84 Cr | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Irm Insurance Brokers 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 Irm Insurance Brokers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Irm Insurance Brokers Private Limited has a workforce of 30 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 30 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Irm Insurance Brokers Private Limited, buy the company report.
GST
Irm Insurance Brokers has 7 GST registrations: 7 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCI3816L1ZE | Maharashtra | Active | 01 Jul 2017 |
| 07AADCI3816L1ZG | Delhi | Active | 01 Jul 2017 |
| 22AADCI3816L1ZO | Chattisgarh | Active | 01 Jul 2017 |
| 24AADCI3816L1ZK | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Irm Insurance Brokers Private Limited, buy the company report.
Recent activity
Irm Insurance Brokers Private Limited has 9 board changes on record since 2013: 6 appointments and 3 cessations. The latest: Ajit Ashok Mhaske ceased to be Additional Director on 13 Dec 2024.
2 earlier events are in the company report.
Frequently asked questions
Irm Insurance Brokers 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 04 November 2013 (13+ years old) and is registered under CIN U66000MH2013PTC249784.
Irm Insurance Brokers has 6 current directors:
- Thomas Ramakrishnan Balan - Additional Director
- Rafik Samasher Mullani - Additional Director
- Ajay Kumar Mittal - Director
- Leena Rajesh Sadar - Director
- Rajesh Vithalrao Sadar - Director
- Chandan Shankerlal Bhartia - Director
The latest financial statements of Irm Insurance Brokers 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 2015 are in the company report.
The GSTIN of Irm Insurance Brokers is 27AADCI3816L1ZE, registered in Maharashtra. The company has 7 GST registrations in all, of which 7 are active. Other active GSTINs include 07AADCI3816L1ZG (Delhi), 22AADCI3816L1ZO (Chattisgarh), 24AADCI3816L1ZK (Gujarat).
The CIN (Corporate Identification Number) of Irm Insurance Brokers is U66000MH2013PTC249784. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Irm Insurance Brokers was incorporated on 04 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Irm Insurance Brokers by revenue are Aditya Birla Money Insurance Advisory Services Limited, Shrinithi Insurance Broking Private Limited, Elitegeneral Insurance Brokers Private Limited, Sridhar Insurance Broker Private Limited, all in the BFSI industry (Insurance Broking Firms), with the same principal business activity (financial advisory, brokerage and consultancy services).
Ajit Ashok Mhaske ceased to be Additional Director on 13 Dec 2024. Vipan Kumar Garg ceased to be Additional Director on 25 Mar 2019. Rafik Samasher Mullani was appointed as Additional Director on 16 Feb 2018. Irm Insurance Brokers has 9 board changes on record in total.
Irm Insurance Brokers can be reached through the website irminsurance.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Irm Insurance Brokers is at Unit No 905 C Wing 9th Floor Trade World Kamla Mills Compound Senapati Bapatmarg, Lowerparel, Mumbai, Maharashtra, India – 400013.
Irm Insurance Brokers operates in the financial services industry, in the insurance brokerage and advisory segment.
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