Marsh India Insurance Brokers Private Limited. - Company Profile

It is a financial services private limited company based in Mumbai, Maharashtra, India, established in 2002.

2002 Mumbai, Maharashtra, India Active

Last Updated: February 16, 2026

About Marsh India Insurance Brokers Private Limited.

Marsh India Insurance Brokers Private Limited., a active private limited company, was established on 17 December 2002 in Mumbai, Maharashtra, India. Engaging in insurance brokerage & advisory within the financial and insurance service sector, it holds CIN: U66010MH2002PTC138276. Registered under ROC Roc Mumbai I. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹5.00 Cr.

Formerly known as Marsh India Private Limited. It upholds a compliant status. Employing 1,534 professional, Its leadership includes Sanjay Kedia (Whole-Time Director), Renee Mcgowan (Additional Director), Prakash Rajan (Additional Director). Past directors included Nelum Pahlaj Gidwani, Homi Cooverji Bhabha, David Batchelor. It holds ₹6.20 Cr open charges and no settled loans. Its latest AGM occurred on 30 October 2025, with the balance sheet filed on 31 March 2025. It is based at 1201-02, Tower 2, One World Centre, Jupiter Mills Compound, 841, S.B. Marg, Elphinstone Road (W), Mumbai, Maharashtra, 400013.

Company Details

CIN/LLPIN
U66010MH2002PTC138276
Registration Number
138276
Incorporation Date
17 December 2002
Authorized Capital
₹10.00 Cr
Paid-Up Capital
₹5.00 Cr
ROC Code
Roc Mumbai I
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 10.00 Cr as on 16-02-2026
Paid Up Capital ₹ 5.00 Cr as on 16-02-2026
Company Age 23 Year, 2 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 6.20 Cr as on 16-02-2026
Revenue Growth **** 22.03% (FY 2023)
Profit Growth **** 27.41% (FY 2023)
Ebitda **** 17.92% (FY 2023)
Net Worth 99.44% (FY 2023)
Total Assets **** 65.66% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Marsh India Insurance Brokers Private 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 Marsh India Insurance Brokers Private Limited.?

Current Directors

Name	Designation	Appointment Date	Status
Sanjay Kedia	Whole-Time Director	19 May 2016	Current
Renee Mcgowan	Additional Director	28 May 2025	Current
Prakash Rajan	Additional Director	04 Jun 2025	Current
Chirag Suresh Buch	Additional Director	30 Oct 2025	Current
Devanshu Dhyani	Additional Director	11 Dec 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	27 Nov 2014	Past
Pramod Abcsdd	Director	21 Oct 2016	Past
Pramod Abcsdd	Director	05 Feb 2008	Past
Pramod Abcsdd	Alternate Director	04 Feb 2008	Past
Pramod Abcsdd	Company Secretary	01 Aug 2010	Past
Pramod Abcsdd	Director	01 Jun 2025	Past

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Financial Performance of Marsh India Insurance Brokers.

Marsh India Insurance Brokers Private Limited., for the financial year ended 2023, experienced significant growth in revenue, with a 22.03% increase. The company also saw a substantial improvement in profitability, with a 27.41% increase in profit. The company's net worth Soared by an impressive increase of 99.44%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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

********

22.03%

*******

Revenue from Operations

*******

18.02%

*******

Total Assets

*******

65.66%

*******

Profit or Loss

*******

27.41%

*******

Net Worth

*******

99.44%

*******

EBITDA

*******

17.92%

*******

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What is the Ownership and Shareholding Structure of Marsh India Insurance Brokers?

In 2023, Marsh India Insurance Brokers had a promoter holding of 92.01% and a public holding of 7.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹62,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

The Hongkong And Shanghai Banking Corporation Limited : 6.20 Cr

Latest Charge Details

Date	Lender	Amount	Status
10 Apr 2015	The Hongkong And Shanghai Banking Corporation Limited	₹6.20 Cr	Open

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How Many Employees Work at Marsh India Insurance Brokers?

Marsh India Insurance Brokers has a workforce of 1534 employees as of Apr 10, 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 Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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

Rating

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

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.

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Latest Updates, News, and FAQs on Marsh India Insurance Brokers

Recent Activity within the Organization

Director Appointment

The activity Devanshu Dhyani was appointed as a Additional Director was appointed as a Additional Director on 11 Dec 2025 & has been associated with this company since 2 months 14 days . was completed.
11 Dec 2025
Annual General Meeting

The activity Marsh India Insurance Brokers Private Limited. last Annual general meeting of members was held on 30 Oct 2025 as per latest MCA records. was completed.
30 Oct 2025
Director Appointment

Chirag Suresh Buch was appointed as a Additional Director was appointed as a Additional Director on 30 Oct 2025 & has been associated with this company since 3 months 25 days . was recorded as a recent event.
30 Oct 2025
Director Appointment

Progress on Prakash Rajan was appointed as a Additional Director was appointed as a Additional Director on 04 Jun 2025 & has been associated with this company since 8 months 20 days . was documented.
04 Jun 2025
Director Appointment

Renee Mcgowan was appointed as a Additional Director was appointed as a Additional Director on 28 May 2025 & has been associated with this company since 8 months 27 days . was recorded as a recent event.
28 May 2025
Balance Sheet

The activity Marsh India Insurance Brokers Private Limited. has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I. was completed.
31 Mar 2025

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