Startup India Government of India
Millennials Insurance Brokers Private Limited - internet in Gurgaon, Haryana, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.02 Cr
▼ 61% YoY
Net loss · FY 2025
₹48.18 Lakh
Net margin -47%
EBITDA · FY 2025
-₹41.96 Lakh
EBITDA margin -40.9%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹92.5 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Millennials Insurance Brokers Private Limited
Data last updated:
Millennials Insurance Brokers Private Limited is a private limited company based in Gurgaon, Haryana, India, recognised as a startup by DPIIT. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 11 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U66000HR2017PTC070301. Its GSTIN is 06AALCM2603D1ZW (Haryana).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹92.5 Lakh. It is led by directors Ankita Narayan and Pooja Sharma.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 570 Tower – B Spaze IT Park Sector – 49 Sohna Road, Gurgaon, Haryana, India – 122001.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.02 Cr, a decline of 61% compared to the previous year. For the same year it recorded a net loss of ₹48.18 Lakh (net margin -47%) and EBITDA of -₹41.96 Lakh (EBITDA margin -40.9%). Revenue has declined at a compounded annual rate (CAGR) of 1% over five years.
The company is associated with 1 brand: Millennials Insurance Brokers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website milbinsure.com.
Company details
CIN U66000HR2017PTC070301
Registration Number 070301
Incorporation Date 11 August 2017
ROC Haryana
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Key People
Ankita Narayan Director Pooja Sharma Director Recognitions & Rankings of Millennials Insurance Brokers
Contact details
Millennials Insurance Brokers Private Limited's registered office is in Gurgaon, Haryana. Its website is milbinsure.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address570 Tower – B Spaze IT Park Sector – 49 Sohna Road, Gurgaon, Haryana, India – 122001
- IndustryInternet, Online Financial Services
To see the full contact details of Millennials Insurance Brokers Private Limited, buy the company report.
Comprehensive company report
Millennials Insurance Brokers Private Limited - one report that includes everything
- 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
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Brands
Millennials Insurance Brokers operates one associated brand: Millennials Insurance Brokers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates as an online insurance broker specializing in motor insurance solutions for individuals. | mibinsure.in |
Business activity
The main business activity of Millennials Insurance Brokers is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Millennials Insurance Brokers Private Limited, buy the company report.
Financials of Millennials Insurance Brokers Private Limited
FY 2025 filings availableMillennials Insurance Brokers Private Limited reported revenue of ₹1.02 Cr (down 61% YoY) for FY 2025.
Revenue · FY 2025
₹1.02 Cr ▼ 61%
Net loss · FY 2025
₹48.18 Lakh margin -47%
EBITDA · FY 2025
-₹41.96 Lakh margin -40.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 61%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▼ 283%
3 years · compounded
▼ 201%
5 years · compounded
▼ 31%
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 61% fall in the latest year. EBITDA fell 283% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | -₹41.96 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹48.18 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -40.9% | ||||
| Net Profit Margin | -47% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Millennials Insurance Brokers Private Limited, buy the company report.
Board of directors of Millennials Insurance Brokers Private Limited
Millennials Insurance Brokers has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankita Narayan | Director | 19 Jun 2024 | 2 Years 4 Months | Current |
| Pooja Sharma | Director | 19 Jun 2024 | 2 Years 4 Months | Current |
Auditor
Millennials Insurance Brokers Private Limited is audited by RISHI ARORA & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RISHI ARORA & ASSOCIATES | FY 2021 | 027766N |
Shareholding
The shareholding of Millennials Insurance Brokers Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Millennials Insurance Brokers Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Millennials Insurance Brokers 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 Millennials Insurance Brokers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Millennials Insurance Brokers has 1 associated company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
1
Associated companies
GST
Millennials Insurance Brokers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AALCM2603D1ZW | Haryana | Active | 06 Dec 2017 |
To see the full GST registrations and return filing status of Millennials Insurance Brokers Private Limited, buy the company report.
Recent activity
Millennials Insurance Brokers Private Limited has 4 board changes on record since 2017: 4 appointments. The latest: Ankita Narayan was appointed as Director on 19 Jun 2024.
AGM
Millennials Insurance Brokers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Millennials Insurance Brokers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Haryana.
Appointed
Ankita Narayan was appointed as Director.
Appointed
Pooja Sharma was appointed as Director.
Appointed
Dipankar Saikia was appointed as Director.
Appointed
Jitendra Girdhar was appointed as Director.
Incorporation
11 Aug 2017
Millennials Insurance Brokers Private Limited was registered on 11 Aug 2017 with Roc Haryana & aged 9 years 3 months as per MCA records.
Frequently asked questions
Millennials Insurance Brokers is an active private limited company based in Gurgaon, Haryana, India. The company works in online financial services, within the internet industry. It was incorporated on 11 August 2017 (9+ years old) and is registered under CIN U66000HR2017PTC070301.
Millennials Insurance Brokers has 2 current directors:
- Ankita Narayan - Director
- Pooja Sharma - Director
The latest financial statements of Millennials Insurance Brokers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Millennials Insurance Brokers is 06AALCM2603D1ZW, registered in Haryana.
The CIN (Corporate Identification Number) of Millennials Insurance Brokers is U66000HR2017PTC070301. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Millennials Insurance Brokers was incorporated on 11 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Haryana.
Ankita Narayan was appointed as Director on 19 Jun 2024. Pooja Sharma was appointed as Director on 19 Jun 2024. Dipankar Saikia was appointed as Director on 11 Aug 2017. Millennials Insurance Brokers has 4 board changes on record in total.
Yes, Millennials Insurance Brokers is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Millennials Insurance Brokers can be reached through the website milbinsure.com. Its registered office is in Gurgaon, Haryana, India.
The registered office of Millennials Insurance Brokers is at 570 Tower – B Spaze IT Park Sector – 49 Sohna Road, Gurgaon, Haryana, India – 122001.
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