About Micro Insurance Services Private Limited
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Micro Insurance Services Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Microensure Holdings Limited. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 25 February 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2008PTC066599. Its GSTIN is 33AAFCM5441H1ZN (Tamil Nadu).
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹7.32 Cr. It is led by directors including Henry Alistair Croydon and Jonathon Henry Croydon.
Its last annual general meeting (AGM) was held on 31 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 2/16 Sullivan Street Santhome, Chennai, Tamil Nadu, India – 600004.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.23 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹40.37 Lakh (net margin -32.7%) and EBITDA of -₹3.13 Lakh (EBITDA margin -2.5%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years and 155% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
The company has 10 deals on record (6 secondary share transfers, 4 funding rounds), with disclosed funding of ₹7.31 Cr; the latest was in April 2015.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website microensure.com.
Company details
Contact details
Micro Insurance Services Private Limited's registered office is in Chennai, Tamil Nadu. Its website is microensure.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address2/16 Sullivan Street Santhome, Chennai, Tamil Nadu, India – 600004
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Micro Insurance Services 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
Financials of Micro Insurance Services Private Limited
FY 2025 filings availableMicro Insurance Services Private Limited reported revenue of ₹1.23 Cr (down 27% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 27% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 155%. 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.23 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹3.13 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹40.37 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.5% | ||||
| Net Profit Margin | -32.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of Micro Insurance Services Private Limited, buy the company report.
Board of directors of Micro Insurance Services Private Limited
Micro Insurance Services has 5 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Henry Alistair Croydon Also directs: Micology Solutions India Private Limited | Director | 16 May 2022 | 4 Years 5 Months | Current |
| Ashish Pasari | Additional Director | 22 Aug 2025 | 1 Years 2 Months | Current |
| Jonathon Henry Croydon Also directs: Micology Solutions India Private Limited | Director | 21 Jun 2024 | 2 Years 4 Months | Current |
| Shivaprashanth Nuji Also directs: Micology Solutions India Private Limited | Additional Director | 08 Jul 2025 | 1 Years 3 Months | Current |
| Uma Maheswara Rao Podili Also directs: Micology Solutions India Private Limited | Additional Director | 03 Jul 2025 | 1 Years 3 Months | Current |
Auditor
Micro Insurance Services Private Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Associates LLP | FY 2019 | 101049W/E300004 |
Shareholding
The shareholding of Micro Insurance Services Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Micro Insurance Services Private Limited, buy the company report.
Deals & funding
Micro Insurance Services Private Limited has 10 deals on record (6 secondary share transfers, 4 funding rounds), with disclosed funding of ₹7.31 Cr; the latest was in April 2015.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2015 | Funding round | ₹74 Lakh | Investors: Micro Ensure Holdings Limited |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: MicroEnsure (UK) Limited, Micro Ensure Holdings Limited & Richard Leftley Seller: Micro Ensure Holdings Limited |
| Sep 2013 | Secondary share transfer | Undisclosed | Buyer: Micro Ensure Holdings Limited Seller: MicroEnsure (UK) Limited |
| Sep 2013 | Funding round | ₹25.2 Lakh | Investors: MicroEnsure (UK) Limited, Micro Ensure Holdings Limited |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: Micro Ensure Holdings Limited Seller: Microensure Llc, Microensure Llc & Richard Leftley |
To see the full deal history of Micro Insurance Services 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
No court or tribunal cases involving Micro Insurance Services 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 Micro Insurance Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Micro Insurance Services Private Limited has a workforce of 3 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Micro Insurance Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCM5441H1ZN | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Micro Insurance Services Private Limited, buy the company report.
Recent activity
Micro Insurance Services Private Limited has 18 board changes on record since 2008: 6 appointments and 12 cessations. The latest: Ashish Pasari was appointed as Additional Director on 22 Aug 2025.
9 earlier events are in the company report.
News
Frequently asked questions
Micro Insurance Services is an active private limited company based in Chennai, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 25 February 2008 (18+ years old) and is registered under CIN U74999TN2008PTC066599.
Micro Insurance Services has 5 current directors:
- Henry Alistair Croydon - Director
- Ashish Pasari - Additional Director
- Jonathon Henry Croydon - Director
- Shivaprashanth Nuji - Additional Director
- Uma Maheswara Rao Podili - Additional Director
The latest financial statements of Micro Insurance Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 December 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Micro Insurance Services is 33AAFCM5441H1ZN, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Micro Insurance Services is U74999TN2008PTC066599. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Micro Insurance Services was incorporated on 25 February 2008, making it 18+ years old. It is registered with the Registrar of Companies, Chennai.
Micro Insurance Services has 10 deals on record (6 secondary share transfers, 4 funding rounds), with disclosed funding of ₹7.31 Cr; the latest was in April 2015.
Ashish Pasari was appointed as Additional Director on 22 Aug 2025. Shivaprashanth Nuji was appointed as Additional Director on 08 Jul 2025. Uma Maheswara Rao Podili was appointed as Additional Director on 03 Jul 2025. Micro Insurance Services has 18 board changes on record in total.
Micro Insurance Services can be reached through the website microensure.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Micro Insurance Services is at 216 Sullivan Street Santhome, Chennai, Tamil Nadu, India – 600004.
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