About
Basic Data Updated:
15 days agoMahindra Insurance Brokers Limited, previously known as Mahipar Investments Private Limited, has been a leading player in the insurance broking industry for many years. The company is dedicated to providing top-notch insurance broking services to its clients. With a wide range of offerings including life insurance, general insurance, reinsurance, and group insurance services, MIBL caters to the diverse needs of its customers. MIBL prides itself on being a one-stop solution for all insurance needs. The company offers direct insurance broking services to both corporate and retail customers, ensuring a hassle-free experience for its clients. With a strong focus on customer satisfaction, MIBL has gained a reputation for its efficient and reliable services. One of the key strengths of MIBL i... Read More
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Website1222442
- Telephone1222442
- Email Address1222442
- Social Media1222442
| CIN/LLPIN/FCRN | U65990MH1987PLC042609 |
| Company No. | 042609 |
| Company Classification | Public Limited Indian Non-Government Company |
| Incorporation Date | 18 Feb 1987 |
| Date of AGM | 17 Jul 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Unlisted |
| ROC Code | Roc Mumbai |
Products or Services related to Mahindra Insurance Brokers Limited
Health Insurance
Personal Accident Policy
Automotive Insurance
Financials of Mahindra Insurance Brokers Limited
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%.
Enhance accessibility to Mahindra Insurance Brokers's financial data by unlocking access to both Standalone and Consolidated balance sheets, Profit & Loss Statements, Ratios, Related Party Transactions, and additional relevant information.
Corporate Structure
Unlock access to Mahindra Insurance Brokers'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.
People in Mahindra Insurance Brokers Limited
Unlock and access historical data on people associated with Mahindra Insurance Brokers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (3)
Seshadri
Managing DirectorAppointment Date: 21-May-2021
Status: Current
SD
Saurabh Dharadhar CFOAppointment Date: 18-Jul-2018
Status: Current
NK
Niranjan Karde Company SecretaryAppointment Date: 18-Jan-2022
Status: Current
Board Members(6)
Charges (Loans)
There are no open charges registered against the company as per our records.
Deals i
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
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Alert
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.
Related Corporates (Common Directorship)
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Active
6 years 1 month Vivek Karve is a mutual person
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Active 10 years 10 months Ramesh Iyer is a mutual person
Kotak Mahindra Asset Management Company Limited
Active 29 years 9 months Anjali Raina is a mutual person
Recent activity within the organization
Annual General Meeting
Mahindra Insurance Brokers Limited last Annual general meeting of members was held on 17 Jul 2023 as per latest MCA records.
17 Jul 2023Balance Sheet
Mahindra Insurance Brokers Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
31 Mar 2023Director Appointment
Seshadri was appointed as a Managing Director was appointed as a Managing Director on 21 May 2021 & has been associated with this company since 2 years 11 months .
21 May 2021Director Appointment
Vivek Anant Karve was appointed as a Director was appointed as a Director on 05 Jan 2021 & has been associated with this company since 3 years 4 months .
05 Jan 2021Director Appointment
Jyotin Kantilal Mehta was appointed as a Director was appointed as a Director on 30 Mar 2020 & has been associated with this company since 4 years 1 month .
30 Mar 2020
Recent News, Updates & Announcement
- Mahindra XUV400 Pro launched in India prices start from Rs 1549 lakh.
Overdrive 11 Jan 2024
- Mahindra India sells its stakes in Zoomcar Inc.
MarkLines 08 Jan 2024
- Mahindra Finance acquires 20 stake in Mahindra Insurance Brokers for Rs 206 crore.
Moneycontrol 22 Sep 2023
Frequently asked questions
What is the Incorporation or founding date of Mahindra Insurance Brokers Limited?
