About Mic Insurance Web Aggregator Private Limited
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Mic Insurance Web Aggregator Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Igear Holdings Private Limited. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 31 July 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U67190DL2009PTC436456. Its GSTIN is 07AACCI1173M1ZH (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹11 Cr and a paid-up capital of ₹8.99 Cr. It was formerly known as Igear Financial Services Private Limited. It is led by directors including Rashmi Saluja and Deepak Yohannan.
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 1407 14th Floor, Chiranjiv Tower 43, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2024, the company reported a revenue of ₹20.34 Lakh, a growth of 2% compared to the previous year. For the same year it recorded a net loss of ₹1.88 Cr and EBITDA of -₹1.86 Cr. Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 12% over five years.
The company is associated with 1 brand: MyInsuranceClub.com. Court records list 1 case involving the company, including 1 filed against it. The company has 12 deals on record (4 funding rounds, 4 acquisitions, 3 secondary share transfers), with disclosed funding of ₹2.6 Cr; the latest was in April 2023.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website myinsuranceclub.com.
Company details
CIN history
Mic Insurance Web Aggregator has one previous CIN (Corporate Identification Number): U67190MH2009PTC194510. The current CIN is U67190DL2009PTC436456, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67190DL2009PTC436456 | Current |
| U67190MH2009PTC194510 | Previous |
Contact details
Mic Insurance Web Aggregator Private Limited's registered office is in New Delhi, Delhi. Its website is myinsuranceclub.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1407 14th Floor, Chiranjiv Tower 43, New Delhi, Delhi, India – 110019
- IndustryFinancial Services, Financial Activities
To see the full contact details of Mic Insurance Web Aggregator 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
Brands
Mic Insurance Web Aggregator operates one associated brand: MyInsuranceClub.com. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online platform to compare & apply for insurance policies | myinsuranceclub.com |
Business activity
The main business activity of Mic Insurance Web Aggregator is financial and insurance service. In detail, this covers fund management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K6 | Fund Management Services |
To see the full business activity and turnover split of Mic Insurance Web Aggregator Private Limited, buy the company report.
Financials of Mic Insurance Web Aggregator Private Limited
FY 2024 filings availableMic Insurance Web Aggregator Private Limited reported revenue of ₹20.34 Lakh (up 2% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 2% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 12%. EBITDA fell 35% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹1.86 Cr | ||||
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| Net Profit (PAT) | -₹1.88 Cr | ||||
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Financial Ratios
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To see the full financial statements and ratios of Mic Insurance Web Aggregator Private Limited, buy the company report.
Board of directors of Mic Insurance Web Aggregator Private Limited
Mic Insurance Web Aggregator has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rashmi Saluja | Director | 14 Mar 2024 | 2 Years 7 Months | Current |
| Deepak Yohannan | Director | 31 Jul 2009 | 17 Years 2 Months | Current |
| Malay Kumar Sinha Also directs: Religare Enterprises Limited, Religare Broking Limited, Care Health Insurance Limited and 4 more | Director | 14 Mar 2024 | 2 Years 7 Months | Current |
| Rakesh Asthaana Ips Also directs: Religare Care Foundation | Director | 14 Mar 2024 | 2 Years 7 Months | Current |
Auditor
Mic Insurance Web Aggregator Private Limited is audited by V. Sankar Aiyar & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V. Sankar Aiyar & Co. | FY 2023 | 109208W |
Shareholding
The shareholding of Mic Insurance Web Aggregator 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) | |||||
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| Others |
To see the full shareholding pattern of Mic Insurance Web Aggregator Private Limited, buy the company report.
Deals & funding
Mic Insurance Web Aggregator Private Limited has 12 deals on record (4 funding rounds, 4 acquisitions, 3 secondary share transfers), with disclosed funding of ₹2.6 Cr; the latest was in April 2023.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2023 | Acquisition | Undisclosed | Buyer: Religare Enterprises Limited Seller: Igear Holdings Private Limited , The Indian Express Private Limited |
| Jul 2022 | Rights issue | ₹1.5 Cr | Investors: Igear Holdings Private Limited |
| Dec 2020 | Acquisition | ₹3.51 Cr | Buyer: Igear Holdings Private Limited |
| Sep 2015 | Acquisition | ₹2.47 Cr | Buyer: Igear Holdings Private Limited |
| Jun 2015 | Acquisition | ₹2.5 Cr | Buyer: Igear Holdings Private Limited Seller: 2 individuals |
To see the full deal history of Mic Insurance Web Aggregator Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mic Insurance Web Aggregator Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by Nesco Ltd. | Disposed |
To see the full case history of Mic Insurance Web Aggregator Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mic Insurance Web Aggregator Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mic Insurance Web Aggregator has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCI1173M1ZH | Delhi | Active | 14 Jan 2025 |
| 27AACCI1173M1ZF | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mic Insurance Web Aggregator Private Limited, buy the company report.
Recent activity
Mic Insurance Web Aggregator Private Limited has 11 board changes on record since 2009: 4 appointments and 7 cessations. The latest: Malay Kumar Sinha ceased to be Additional Director on 29 Sep 2024.
2 earlier events are in the company report.
News
Frequently asked questions
Mic Insurance Web Aggregator is an active private limited company based in New Delhi, Delhi, India. The company works in financial activities, within the financial services industry. It was incorporated on 31 July 2009 (17+ years old) and is registered under CIN U67190DL2009PTC436456.
Mic Insurance Web Aggregator has 4 current directors:
- Rashmi Saluja - Director
- Deepak Yohannan - Director
- Malay Kumar Sinha - Director
- Rakesh Asthaana Ips - Director
The latest financial statements of Mic Insurance Web Aggregator 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 Mic Insurance Web Aggregator is 07AACCI1173M1ZH, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AACCI1173M1ZF (Maharashtra).
The CIN (Corporate Identification Number) of Mic Insurance Web Aggregator is U67190DL2009PTC436456. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mic Insurance Web Aggregator has 1 court case on record: 1 filed against it.
Mic Insurance Web Aggregator was incorporated on 31 July 2009, making it 17+ years old. It is registered with the Registrar of Companies, Delhi.
Mic Insurance Web Aggregator has 12 deals on record (4 funding rounds, 4 acquisitions, 3 secondary share transfers), with disclosed funding of ₹2.6 Cr; the latest was in April 2023.
Malay Kumar Sinha ceased to be Additional Director on 29 Sep 2024. Rakesh Asthaana Ips ceased to be Additional Director on 29 Sep 2024. Rashmi Saluja ceased to be Additional Director on 29 Sep 2024. Mic Insurance Web Aggregator has 11 board changes on record in total.
Mic Insurance Web Aggregator can be reached through the website myinsuranceclub.com. Its registered office is in New Delhi, Delhi, India.