About M11 Insurance Agents Private Limited
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M11 Insurance Agents Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the insurance brokerage and advisory segment of the financial services sector. It was incorporated on 11 November 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U65999DL2003PTC123029. Its GSTIN is 07AADCM8055F1ZG (Delhi).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Sagar Gaba and Vijay Kumar Gaba.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at J – 57 3rd Floor Ramesh Nagar, New Delhi, Delhi, India – 110015.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.61 Cr, a growth of 75% compared to the previous year. For the same year it recorded a net profit of ₹1.02 Cr (net margin 5%) and EBITDA of ₹1.71 Cr (EBITDA margin 8.3%). Revenue has grown at a compounded annual rate (CAGR) of 59% over three years and 39% over five years.
The company has about 33 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10.83 Lakh 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 m11insurance.com.
Company details
Contact details
M11 Insurance Agents Private Limited's registered office is in New Delhi, Delhi. Its website is m11insurance.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressJ – 57 3rd Floor Ramesh Nagar, New Delhi, Delhi, India – 110015
- IndustryFinancial Services, Insurance Brokerage & Advisory
To see the full contact details of M11 Insurance Agents 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 M11 Insurance Agents 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 M11 Insurance Agents Private Limited, buy the company report.
Financials of M11 Insurance Agents Private Limited
FY 2024 filings availableM11 Insurance Agents Private Limited reported revenue of ₹20.61 Cr (up 75% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 39% over five years, including 75% growth in the latest year. EBITDA rose 134% 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 | ₹1.71 Cr | ||||
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| Net Profit (PAT) | ₹1.02 Cr | ||||
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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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| Profitability | |||||
| EBITDA Margin | 8.3% | ||||
| Net Profit Margin | 5% | ||||
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To see the full financial statements and ratios of M11 Insurance Agents Private Limited, buy the company report.
Board of directors of M11 Insurance Agents Private Limited
M11 Insurance Agents has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sagar Gaba Also directs: Cards Hub Services LLP, Small Renn Finserv Private Limited | Director | 30 Aug 2014 | 12 Years 2 Months | Current |
| Vijay Kumar Gaba | Director | 30 Aug 2014 | 12 Years 2 Months | Current |
Peer comparison
M11 Insurance Agents 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 |
|---|---|---|---|---|---|---|
| TVS Insurance Broking Private Limited | ₹21.66 Cr (FY 2024) | 9.0% | Chennai, Tamil Nadu, India | |||
| M11 Insurance Agents Private Limitedthis company | ₹20.61 Cr (FY 2025) | ₹1.02 Cr | 5% | 75.0% | 33 | New Delhi, Delhi, India |
| Hindustan Insurance Brokers Limited | ₹20.49 Cr (FY 2024) | 20.0% | Kanpur, Uttar Pradesh, India | |||
| Fa Premium Insurance Broking Private Limited | ₹18.82 Cr (FY 2024) | 209.0% | Chennai, Tamil Nadu, India | |||
| Iva Insurance Broking Private Limited | ₹18.76 Cr (FY 2025) | 61.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of M11 Insurance Agents Private Limited, buy the company report.
Auditor
M11 Insurance Agents Private Limited is audited by Sudesh D Kumar & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sudesh D Kumar & Co. | FY 2023 | 020614N |
Shareholding
The shareholding of M11 Insurance Agents Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of M11 Insurance Agents Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jun 2023 | 100732123 | Uco Bank | ₹5.53 Lakh | Open | |
| 09 Jun 2023 | 100729709 | Uco Bank | ₹5.3 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving M11 Insurance Agents 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 M11 Insurance Agents Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
M11 Insurance Agents Private Limited has a workforce of 33 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 | 33 |
| 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 M11 Insurance Agents Private Limited, buy the company report.
GST
M11 Insurance Agents has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCM8055F1ZG | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of M11 Insurance Agents Private Limited, buy the company report.
Recent activity
M11 Insurance Agents Private Limited has 12 board changes on record since 2003: 7 appointments and 5 cessations. The latest: Neha Sethi ceased to be Director on 24 Sep 2021.
5 earlier events are in the company report.
Frequently asked questions
M11 Insurance Agents is an active private limited company based in New Delhi, Delhi, India. The company works in insurance brokerage and advisory, within the financial services industry. It was incorporated on 11 November 2003 (23+ years old) and is registered under CIN U65999DL2003PTC123029.
M11 Insurance Agents has 2 current directors:
- Sagar Gaba - Director
- Vijay Kumar Gaba - Director
The latest financial statements of M11 Insurance Agents on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of M11 Insurance Agents is 07AADCM8055F1ZG, registered in Delhi.
The CIN (Corporate Identification Number) of M11 Insurance Agents is U65999DL2003PTC123029. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
M11 Insurance Agents was incorporated on 11 November 2003, making it 23+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of M11 Insurance Agents by revenue are TVS Insurance Broking Private Limited, Hindustan Insurance Brokers Limited, Fa Premium Insurance Broking Private Limited, Iva Insurance Broking Private Limited, all in the BFSI industry (Insurance Broking Firms), with the same principal business activity (financial advisory, brokerage and consultancy services).
Neha Sethi ceased to be Director on 24 Sep 2021. Narender Kumar ceased to be Director on 01 Sep 2014. Sunil Kumar ceased to be Director on 01 Sep 2014. M11 Insurance Agents has 12 board changes on record in total.
M11 Insurance Agents can be reached through the website m11insurance.com. Its registered office is in New Delhi, Delhi, India.
The registered office of M11 Insurance Agents is at J – 57 3rd Floor Ramesh Nagar, New Delhi, Delhi, India – 110015.
M11 Insurance Agents operates in the financial services industry, in the insurance brokerage and advisory segment.
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