Mahindra Insurance Brokers Limited Company Logo

Mahindra Insurance Brokers Limited - Company Profile

It is a financial services public limited company based in Mumbai, Maharashtra, India, established in 1987.

1987 | Mumbai, Maharashtra, India | Active
Last Updated:

About Mahindra Insurance Brokers Limited

Mahindra Insurance Brokers Limited, a active public limited company, was established on 18 February 1987 in Mumbai, Maharashtra, India. Engaging in insurance brokerage & advisory within the financial and insurance service sector, it holds CIN: U65990MH1987PLC042609. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹15.00 Cr and a paid-up capital of ₹10.31 Cr.

Formerly known as Mahipar Investments Private Limited. It upholds a compliant status. Employing 743 professional, Its leadership includes Amarjyoti Barua (Additional Director), Raul Ignatius Rebello (Additional Director), Sapna Jain (Director). Past directors included Niranjan Madhav Karde, Seshadri, Derek John Nazareth. Its latest AGM occurred on 16 July 2025, with the balance sheet filed on 31 March 2025. It is based at Mahindra Towers, Worli,, Mumbai, Maharashtra, 400018.

Company Details

  • CIN/LLPIN

    U65990MH1987PLC042609

  • Registration Number

    042609

  • Incorporation Date

    18 February 1987

  • Authorized Capital

    ₹15.00 Cr

  • Paid-Up Capital

    ₹10.31 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 10.31 Cr
  • Company Age 38 Year, 9 Months
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth 22.56%
  • Profit Growth -33.63%
  • Ebitda -41.83%
  • Net Worth 5.78%
  • Total Assets 8.36%
Company report

Mahindra Insurance Brokers Limited

Company Report FY 2025-2026

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

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Who are the key members and board of directors at Mahindra Insurance Brokers Limited?

Current Directors

NameDesignationAppointment DateStatus
Amarjyoti BaruaAdditional Director10 Sep 2024Current
Raul Ignatius RebelloAdditional Director16 Jul 2024Current
Sapna JainDirector30 Mar 2025Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddCompany Secretary22 Apr 2024Past
Pramod AbcsddAdditional Director21 May 2021Past
Pramod AbcsddAdditional Director27 Oct 2017Past
Pramod AbcsddDirector29 Mar 2025Past
Pramod AbcsddDirector07 Sep 2020Past
Pramod AbcsddAdditional Director21 Jul 2009Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Mahindra Insurance Brokers.

Mahindra Insurance Brokers Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.56% increase. The company also saw a substantial fall in profitability, with a 33.63% decrease in profit. The company's net worth moved up by a moderate rise of 5.78%.

Mahindra Insurance Brokers revenue growth over time
Mahindra Insurance Brokers profit and loss trends over time
  • 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
22.56%
Revenue from Operations
25.68%
Total Assets
8.36%
Profit or Loss
-33.63%
Net Worth
5.78%
EBITDA
-41.83%

What is the Ownership and Shareholding Structure of Mahindra Insurance Brokers?

In 2023, Mahindra Insurance Brokers had a promoter holding of 80.00% and a public holding of 20.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

There are no open charges registered against the company as per our records.

How Many Employees Work at Mahindra Insurance Brokers?

Mahindra Insurance Brokers has a workforce of 743 employees as of Mar 29, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Mahindra Insurance Brokers Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mahindra Insurance Brokers, 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 Mahindra Insurance Brokers's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Mahindra Insurance Brokers

Recent Activity within the Organization

  • Annual General Meeting

    The activity Mahindra Insurance Brokers Limited last Annual general meeting of members was held on 16 Jul 2025 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Mahindra Insurance Brokers Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was documented.

  • Director Appointment

    Sapna Jain was appointed as a Director was appointed as a Director on 30 Mar 2025 & has been associated with this company since 7 months 27 days . was recorded as a recent event.

  • Director Appointment

    Progress on Amarjyoti Barua was appointed as a Additional Director was appointed as a Additional Director on 10 Sep 2024 & has been associated with this company since 1 year 2 months . was documented.

  • Director Appointment

    The activity Raul Ignatius Rebello was appointed as a Additional Director was appointed as a Additional Director on 16 Jul 2024 & has been associated with this company since 1 year 4 months . was completed.

  • Director Appointment

    Saurabh Vinod Dharadhar was appointed as a CFO was appointed as a CFO on 18 Jul 2018 & has been associated with this company since 7 years 4 months . was recorded as a recent event.

Recent News, Updates & Announcement

  • Mahindra Insurance Brokers news update on market trends
    Mahindra & Adani Partner to Expand EV Charging Network Across India, Tata Power and Oil Companies Join In.

    Mahindra & Mahindra, a car company, teamed up with Adani Total Energies E-Mobility to build electric vehicle charging stations all over India. This will make it easier for people to charge their electric cars and help India reach its climate goals. Mahindra XUV400 owners can now access over 1,100 chargers through the Bluesense+ app. Tata Power is also installing over 500 charging points across India, with a market share of 60%. Oil companies are also starting to offer EV charging at their petrol pumps..

    Business Today

  • Mahindra Insurance Brokers news update on market trends
    Mahindra & Mahindra and Adani Total Energies Team Up to Bring Electric SUVs to India! 🚗⚡️ #EcoFriendlyGoals #PartnershipGoals #SustainableRides.

    Mahindra & Mahindra + Adani Total Energies = SUVs go electric in India! 🚗⚡️ #EcoFriendlyGoals #PartnershipGoals #SustainableRides.

    Blogger

  • Mahindra Insurance Brokers news update on market trends
    Bandhan Bank and M&M sign MoU to offer attractive commercial vehicle and equipment financing solutions.

    Mumbai, March 19, 2024:  Bandhan Bank, one of India’s fastest-growing private sector banks has signed a Memorandum of Understanding (MoU) with Mahindra & Mahindra, a leading commercial vehicle manufacturer of the country, to offer convenient fina.

    OdishaDiary

  • Mahindra Insurance Brokers news update on market trends
    Thrust Zone.

    Mahindra, which has recently spent a lot of time at the trademark office, has registered other names, which could be used for its upcoming electric cars. XUV 7XO, XUV 1X0, XUV 5XO, XUV 3XO. The XUV 3XO can be used for the Mahindra XUV400 facelift scheduled to launch this year. But since this model is already in the market, Mahindra can launch a sub-4 meter version of the XUV400 and use the new name, which is said to be in the making. The above names refer to electric vehicle models already on the market (XUV400) or introduced by the car manufacturer (XUV e8). But the remaining two names – XUV 5XO and XUV 1XO – could indicate upcoming electric models from Mahindra. The XUV 5XO is expected to be a Creta-sized electric SUV, a rival to the upcoming MG ZS EV and Tata Curvv EV. The only electric SUV in India. With these 4 models, Mahindra will have an electric SUV in all popular SUV segments. XUV 1X0 will be the KUV 100 Electric which almost saw a launch and was forgotten entirely after 2021. Also announced and launched in 2022, Mahindra has announced a new line of all-electric SUVs – the BE series. They must have the same name assigned to them at presentation time. The BE 05, BE 07 and BE 09 will be stand-alone models and will be different from other Mahindra electric vehicles as they will be built on a new dedicated platform as part of the Born Electric range. The electric version of the Mahindra XUV700 is expected to launch later this year. As for the BE series, BE 05, scheduled to launch at the end of 2025, will be the first product in this product line to enter the market..

    Thrust Zone

  • Mahindra Insurance Brokers news update on market trends
  • Mahindra Insurance Brokers news update on market trends

Frequently Asked Questions

  • What is the CIN of Mahindra Insurance Brokers Limited?

    The CIN of Mahindra Insurance Brokers Limited is U65990MH1987PLC042609.

  • Where is Mahindra Insurance Brokers Limited headquartered?

    Mahindra Insurance Brokers Limited is headquartered at Mahindra Towers, Worli,, Mumbai, Maharashtra, 400018.

  • When was Mahindra Insurance Brokers Limited incorporated?

    Mahindra Insurance Brokers Limited was incorporated on 18 February 1987.

  • Who are the current directors of Mahindra Insurance Brokers Limited?

    The current directors of Mahindra Insurance Brokers Limited are

  • What is the primary industry of Mahindra Insurance Brokers Limited?

    The primary industry of Mahindra Insurance Brokers Limited is Financial And Insurance Service.

  • Is Mahindra Insurance Brokers Limited a listed company?

    Mahindra Insurance Brokers Limited is unlisted.

  • What is the capital structure of Mahindra Insurance Brokers Limited?

    The authorized capital of Mahindra Insurance Brokers Limited is ₹15.00 Cr, and the paid-up capital is ₹10.31 Cr.

  • What is the compliance status of Mahindra Insurance Brokers Limited?

    The compliance status of Mahindra Insurance Brokers Limited is Compliant.

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